Funding you earn now, next payment 08:00 UTC−0.0165%/8h= −18.1% APRnext payment −$1.65 per $10,000 · paid last 24h −0.038%
Price spread now: Phemex against Aster−0.091%7-day average +0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$221as in the Funding arb table
Net, price: spread back to 7d avg − costs−$219as in the Price arb table
costs, in and out, $10k−$2082.084% of the position
Funding, last 7 days−0.130%−$13 on $10k
+Price spread, last 3 days (all we have)+0.047%+$5 · spread now −0.091%, 7d avg +0.017%
=Together, before fees−0.083%+ Points / potential airdropAster: Stage 5 · farm board−$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Phemex is 0.108% cheaper against Aster than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.017%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster NBISUSDT | 234.27 | 0.0165 | pay 0.0165% / 8h | 6h 03m | $81K | $307K | 50x |
| Short | Phemex NBISUSDT | 234.06 | 0 | get 0.0000% / 8h | 6h 03m | $1.6M | $970K | 10x |
Aster NBISUSDT
Phemex NBISUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Aster. 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
- −$34.67
- Price spread: −0.091% → +0.017%
- −$10.8
- Slippage, 4 orders
- −$188.39
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$253.86
- Costs to cover
- 2.084%
- Break-even
- never at this rate
Slippage from Aster: live order book, 63 min ago; Phemex: 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, 63 min ago | 9.54 bp | 87.1 bp −$87 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 5 min ago | 2.35 bp | 61.7 bp −$62 | doesn't fit | doesn't fit | doesn't fit |
NBIS on 30 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit NBISUSDT | 0.0000% | 8h | 234.07 | −0.087% | $5.0M | $6.3M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 233.98 | −0.126% | $3.4M | $16.3M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 234.05 | −0.096% | $2.8M | $5.0M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 234.03 | −0.104% | $2.4M | $4.4M | 20x | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 234.03 | −0.106% | $5K | $128K | 10x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 234.05 | −0.096% | $955 | $1.7M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | 0.0000% | 1h | 233.96 | −0.134% | $35K | $48K | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 233.84 | −0.185% | $15K | $60K | 20x | as long as short |
| Phemex NBISUSDTshort | 0.0000% | 8h | 234.06 | −0.091% | $1.6M | $970K | 10x | |
| QFEX NBIS-USD | +0.0024% | 1h | 234.03 | −0.104% | $1.5M | $4.5M | 10x | as long as short |
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Bitget NBISUSDT
GRVT NBIS_USDT_Perp
SunX NBIS-USDT
Deribit NBIS_USDC-PERPETUAL
HTX NBIS-USDT
QFEX NBIS-USDShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado NBIS-PERP | +0.0039% | 1h | 234.01 | −0.111% | $67K | $95K | 3x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 233.87 | −0.173% | $42K | $132K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 234.18 | −0.040% | — | $215K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 233.94 | −0.143% | $149K | $453K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 234.04 | −0.100% | $9 | $20K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 234.05 | −0.096% | $163K | $498K | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0061% | 1h | 233.90 | −0.160% | $54.6M | $19.8M | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0096% | 1h | 234.00 | −0.115% | $24K | $15K | 20x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 233.99 | −0.121% | $482K | $21K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 234.04 | −0.100% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 234.01 | −0.114% | — | — | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0112% | 1h | 233.53 | −0.318% | $382K | $713K | 10x | as long as short |
| Variational Omni NBIS | +0.0152% | 8h | 234.06 | −0.092% | $2.8M | $570K | — | as long as short |
| Aster NBISUSDTlong | +0.0165% | 8h | 234.27 | long leg | $81K | $307K | 50x | |
| Binance NBISUSDT | +0.0178% | 8h | 234.00 | −0.117% | $19.1M | $84.7M | 25x | as long as short |
| Extended NBIS-USD | +0.0184% | 1h | 233.98 | −0.127% | $147K | $699K | 10x | as long as short |
| Lighter NBIS | +0.0200% | 1h | 234.07 | −0.087% | $904K | $4.4M | 10x | as long as short |
| edgeX NBISUSDC | +0.0277% | 4h | 234.06 | −0.091% | $38K | $226K | 10x | as long as short |
| Phoenix NBIS | +0.0306% | 1h | 234.06 | −0.091% | $7K | $152K | 10x | as long as short |
| Entropy io:NBIS | +0.0393% | 1h | 234.02 | −0.109% | $10.2M | $3.3M | 10x | as long as short |
Nado NBIS-PERP
Arcus NBIS-USD
Vest NBIS-USD-PERP
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
Ondo Perps NBIS-USD.P
tradeXYZ xyz:NBIS
Kraken Futures PF_NBISUSD
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
Coinbase International NBIS-PERP-INTX
Variational Omni NBIS
Binance NBISUSDT
Extended NBIS-USD
Lighter NBIS
edgeX NBISUSDC
Phoenix NBIS
Entropy io:NBIS