NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0520%/8h= −56.9% APRnext payment −$5.20 per $10,000 · paid last 24h −0.038%

Price spread now: Bitget against Aster+0.031%7-day average 0.000% · you sell dearer than you buy

Net, funding: paid 7d − costs−$102as in the Funding arb table

Net, price: spread back to 7d avg − costs−$103as in the Price arb table

costs, in and out, $10k−$1061.060% of the position

Long on Aster Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.041%+$4 on $10k

Price spread, last 4 days (all we have)−0.099%−$10 · spread now +0.031%, 7d avg 0.000%

Together, before fees−0.058%+ Points / potential airdropAster: Stage 5 · farm board−$6 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.031% dearer against Aster than usual: you sell high and buy low (spread +0.031% now, against its 7-day average of 0.000%): +$3 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 5 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.041% in total (about 2.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.20 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster NBISUSDT	230.59	0	get 0.0000% / 8h	2h 22m	$84K	$311K	50x
Short	Bitget NBISUSDT	230.66	−0.0520	pay 0.0520% / 8h	2h 22m	$2.3M	$4.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Aster. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee AsterbpFee BitgetbpOrdersPrice spread, now +0.031%Rate

Funding earned: −$109.2
Price spread: +0.031% → 0.000%: $3.09
Slippage, 4 orders: −$86.02
Fee Aster: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$212.14
Costs to cover: 1.060%
Break-even: never at this rate

Slippage from Aster: live order book, 24 min ago; Bitget: 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 Aster live order book, 24 min ago	3.45 bp	46.4 bp −$46	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 5 min ago	2.82 bp	18.5 bp −$19	26.6 bp −$266	43.1 bp −$4,310	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 NBISUSDTshort	−0.0520%	8h	230.66	+0.031%	$2.3M	$4.6M	20x
Aster NBISUSDTlong	0.0000%	8h	230.59	long leg	$84K	$311K	50x
Extended NBIS-USD	0.0000%	1h	230.51	−0.034%	$146K	$757K	10x	as long as short
Binance NBISUSDT	0.0000%	8h	230.61	+0.009%	$18.5M	$86.8M	25x	as long as short
Bybit NBISUSDT	0.0000%	8h	230.61	+0.009%	$4.9M	$6.5M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	230.62	+0.014%	$3.3M	$16.1M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	230.62	+0.014%	$2.7M	$5.1M	50x	as long as short
Variational Omni NBIS	0.0000%	8h	230.38	−0.092%	$2.9M	$554K	—	as long as short
GRVT NBIS_USDT_Perp	0.0000%	8h	230.49	−0.043%	$5K	$118K	10x	as long as short
SunX NBIS-USDT	0.0000%	8h	230.70	+0.048%	$1K	$1.6M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX NBIS-USDT	0.0000%	8h	230.91	+0.139%	$15K	$61K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	230.51	−0.034%	$1.6M	$955K	10x	as long as short
Nado NBIS-PERP	+0.0021%	1h	230.41	−0.077%	$37K	$115K	3x	as long as short
BloFin NBIS-USDT	+0.0028%	8h	230.47	−0.051%	$204K	$204K	20x	as long as short
QFEX NBIS-USD	+0.0029%	1h	230.66	+0.031%	$1.5M	$3.9M	10x	as long as short
Arcus NBIS-USD	+0.0040%	1h	230.40	−0.082%	$42K	$132K	5x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	230.32	−0.117%	—	$220K	5x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	230.38	−0.091%	$137K	$473K	10x	as long as short
SoDEX NBIS-USD	+0.0050%	1h	230.36	−0.099%	$115	$20K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	230.65	+0.027%	$152K	$532K	10x	as long as short
tradeXYZ xyz:NBIS	+0.0068%	1h	230.46	−0.056%	$53.6M	$20.6M	10x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	230.44	−0.065%	$475K	$20K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	230.38	−0.091%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	230.35	−0.103%	—	—	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0168%	1h	230.62	+0.014%	$353K	$792K	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0223%	1h	230.38	−0.089%	$23K	$15K	20x	as long as short
Phoenix NBIS	+0.0242%	1h	230.44	−0.065%	$7K	$150K	10x	as long as short
Lighter NBIS	+0.0248%	1h	230.57	−0.008%	$934K	$4.0M	10x	as long as short
Entropy io:NBIS	+0.0307%	1h	230.46	−0.056%	$10.0M	$3.2M	10x	as long as short
edgeX NBISUSDC	+0.0361%	4h	230.33	−0.114%	$37K	$226K	10x	as long as short
Deribit NBIS_USDC-PERPETUAL	+0.0445%	1h	230.39	−0.086%	$34K	$49K	10x	as long as short