Funding you earn now, next payment 09:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.033%
Price spread now: Gate against Arcus+0.022%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$460.461% of the position
Funding, last 4 days (all we have)−0.147%−$15 on $10k
+Price spread, last 4 days (all we have)+0.048%+$5 · spread now +0.022%, 7d avg +0.038%
=The price spread sits at its 7-day average of +0.038%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus NBIS-USD | 230.20 | 0.0040 | pay 0.0005% / 1h | 3m 36s | $42K | $124K | 5x |
| Short | Gate NBIS_USDT | 230.25 | 0 | get 0.0000% / 8h | 7h 03m | $2.7M | $5.2M | 50x |
Arcus NBIS-USD
Gate NBIS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Arcus. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$8.46
- Price spread: +0.022% → +0.038%
- −$1.64
- Slippage, 4 orders
- −$26.6
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$56.19
- Costs to cover
- 0.461%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 29 min ago; Gate: live order book, 5 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Arcus live order book, 29 min ago | 3.30 bp | 5.8 bp −$6 | 10.6 bp −$106 | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 2.60 bp | 19.3 bp −$19 | 103.3 bp −$1,033 | 292.3 bp −$29.2K | doesn't fit |
NBIS on 31 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget NBISUSDT | −0.0088% | 8h | 230.35 | +0.065% | $2.3M | $4.6M | 20x | as long as short |
| Coinbase International NBIS-PERP-INTX | −0.0008% | 1h | 230.78 | +0.252% | $382K | $869K | 10x | as long as short |
| Aster NBISUSDT | 0.0000% | 8h | 229.82 | −0.164% | $74K | $320K | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 230.20 | 0.000% | $3.2M | $16.3M | 25x | as long as short |
| Gate NBIS_USDTshort | 0.0000% | 8h | 230.25 | +0.022% | $2.7M | $5.2M | 50x | |
| Variational Omni NBIS | 0.0000% | 8h | 230.53 | +0.144% | $2.8M | $598K | — | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 230.27 | +0.030% | $1K | $1.6M | 10x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 230.12 | −0.035% | $1.5M | $971K | 10x | as long as short |
| BloFin NBIS-USDT | +0.0010% | 8h | 230.56 | +0.156% | $200K | $215K | 20x | as long as short |
| Extended NBIS-USD | +0.0024% | 1h | 230.23 | +0.011% | $144K | $856K | 10x | as long as short |
Bitget NBISUSDT
Coinbase International NBIS-PERP-INTX
Aster NBISUSDT
OKX NBIS-USDT-SWAP
Variational Omni NBIS
SunX NBIS-USDT
Phemex NBISUSDT
BloFin NBIS-USDT
Extended NBIS-USDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance NBISUSDT | +0.0034% | 8h | 230.27 | +0.030% | $18.5M | $90.0M | 25x | as long as short |
| Arcus NBIS-USDlong | +0.0040% | 1h | 230.20 | long leg | $42K | $124K | 5x | |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 230.20 | 0.000% | — | $246K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 230.00 | −0.087% | $137K | $466K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 230.33 | +0.056% | $149K | $539K | 10x | as long as short |
| QFEX NBIS-USD | +0.0064% | 1h | 230.24 | +0.017% | $1.5M | $3.7M | 10x | as long as short |
| edgeX NBISUSDC | +0.0092% | 4h | 230.49 | +0.127% | $37K | $227K | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 230.00 | −0.087% | $473K | $94K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 230.13 | −0.030% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 230.13 | −0.029% | — | — | 10x | as long as short |
| Nado NBIS-PERP | +0.0121% | 1h | 229.79 | −0.176% | $38K | $116K | 3x | as long as short |
| HTX NBIS-USDT | +0.0131% | 8h | 230.57 | +0.161% | $13K | $62K | 20x | as long as short |
| tradeXYZ xyz:NBIS | +0.0180% | 1h | 230.20 | 0.000% | $53.9M | $21.8M | 10x | as long as short |
| Bybit NBISUSDT | +0.0226% | 8h | 230.27 | +0.030% | $4.8M | $6.8M | 50x | as long as short |
| Lighter NBIS | +0.0232% | 1h | 230.26 | +0.026% | $922K | $4.1M | 10x | as long as short |
| Phoenix NBIS | +0.0277% | 1h | 230.48 | +0.122% | $7K | $125K | 10x | as long as short |
| Entropy io:NBIS | +0.0401% | 1h | 230.12 | −0.035% | $10.0M | $3.2M | 10x | as long as short |
| SoDEX NBIS-USD | +0.0433% | 1h | 230.20 | 0.000% | $74 | $20K | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.0577% | 1h | 230.07 | −0.056% | $34K | $50K | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0678% | 1h | 230.09 | −0.050% | $22K | $16K | 20x | as long as short |
| GRVT NBIS_USDT_Perp | +0.0723% | 8h | 230.60 | +0.172% | $5K | $114K | 10x | as long as short |
Binance NBISUSDT
Vest NBIS-USD-PERP
Polymarket Perps NBIS-USD
Ondo Perps NBIS-USD.P
QFEX NBIS-USD
edgeX NBISUSDC
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
Nado NBIS-PERP
HTX NBIS-USDT
tradeXYZ xyz:NBIS
Bybit NBISUSDT
Lighter NBIS
Phoenix NBIS
Entropy io:NBIS
SoDEX NBIS-USD
Deribit NBIS_USDC-PERPETUAL
Kraken Futures PF_NBISUSD
GRVT NBIS_USDT_Perp