NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0202%/8h= −22.1% APRnext payment −$2.02 per $10,000 · paid last 24h −0.020%

Price spread now: Bybit against Aster−0.041%7-day average +0.003% · you buy dearer than you sell

Net, funding: paid 7d − costs−$132as in the Funding arb table

Net, price: spread back to 7d avg − costs−$141as in the Price arb table

costs, in and out, $10k−$1371.365% of the position

Long on Aster Short on Bybit

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)+0.025%+$2 · spread now −0.041%, 7d avg +0.003%

Together, before fees+0.065%+ Points / potential airdropAster: Stage 5 · farm board+$7 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Bybit is 0.044% cheaper against Aster than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.003%). Swap the legs.

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 −$2.02 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	236.00	0.0263	pay 0.0263% / 8h	7h 12m	$82K	$308K	50x
Short	Bybit NBISUSDT	235.90	0.0061	get 0.0061% / 8h	7h 12m	$5.1M	$6.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.041%Rate

Funding earned: −$42.42
Price spread: −0.041% → +0.003%: −$4.43
Slippage, 4 orders: −$117.5
Fee Aster: 4 bp × 2 orders: −$8
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$183.35
Costs to cover: 1.365%
Break-even: never at this rate

Slippage from Aster: live order book, 59 min ago; Bybit: 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, 59 min ago	10.44 bp	86.8 bp −$87	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 5 min ago	1.48 bp	17.4 bp −$17	86.1 bp −$861	doesn't fit	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
Kraken Futures PF_NBISUSD	−0.0178%	1h	235.70	−0.125%	$24K	$15K	20x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	235.78	−0.092%	$3.4M	$16.8M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	235.81	−0.079%	$2.8M	$5.1M	50x	as long as short
SunX NBIS-USDT	0.0000%	8h	235.77	−0.096%	$1K	$1.7M	10x	as long as short
Deribit NBIS_USDC-PERPETUAL	0.0000%	1h	235.77	−0.096%	$35K	$48K	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	235.75	−0.105%	$15K	$106K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	235.92	−0.033%	$1.6M	$972K	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0016%	1h	236.05	+0.022%	$386K	$737K	10x	as long as short
QFEX NBIS-USD	+0.0038%	1h	235.71	−0.122%	$1.5M	$4.9M	10x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	236.09	+0.039%	—	$224K	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps NBIS-USD.P	+0.0050%	1h	235.77	−0.096%	$175K	$503K	10x	as long as short
Bybit NBISUSDTshort	+0.0061%	8h	235.90	−0.041%	$5.1M	$6.4M	50x
KuCoin NBISUSDTM	+0.0100%	8h	235.76	−0.101%	$486K	$23K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	235.93	−0.029%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	235.88	−0.050%	—	—	10x	as long as short
SoDEX NBIS-USD	+0.0119%	1h	235.83	−0.071%	$71	$20K	10x	as long as short
Bitget NBISUSDT	+0.0128%	8h	235.88	−0.050%	$2.5M	$4.6M	20x	as long as short
Nado NBIS-PERP	+0.0165%	1h	235.80	−0.083%	$31K	$66K	3x	as long as short
Polymarket Perps NBIS-USD	+0.0223%	1h	235.76	−0.101%	$142K	$462K	10x	as long as short
Variational Omni NBIS	+0.0251%	8h	235.94	−0.023%	$2.9M	$591K	—	as long as short
Aster NBISUSDTlong	+0.0263%	8h	236.00	long leg	$82K	$308K	50x
Binance NBISUSDT	+0.0285%	8h	235.82	−0.075%	$19.6M	$85.1M	25x	as long as short
BloFin NBIS-USDT	+0.0286%	8h	235.84	−0.067%	$207K	$211K	20x	as long as short
Extended NBIS-USD	+0.0288%	1h	235.77	−0.097%	$151K	$705K	10x	as long as short
Lighter NBIS	+0.0304%	1h	235.97	−0.012%	$921K	$4.5M	10x	as long as short
tradeXYZ xyz:NBIS	+0.0326%	1h	235.83	−0.071%	$55.2M	$23.7M	10x	as long as short
Arcus NBIS-USD	+0.0366%	1h	235.73	−0.113%	$44K	$132K	5x	as long as short
Phoenix NBIS	+0.0409%	1h	235.78	−0.092%	$7K	$163K	10x	as long as short
GRVT NBIS_USDT_Perp	+0.0464%	8h	235.88	−0.050%	$5K	$131K	10x	as long as short
edgeX NBISUSDC	+0.0607%	4h	235.86	−0.057%	$38K	$229K	10x	as long as short
Entropy io:NBIS	+0.0883%	1h	235.87	−0.054%	$10.3M	$3.4M	10x	as long as short