NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0088%/8h= −9.7% APRnext payment −$0.88 per $10,000 · paid last 24h −0.011%

Price spread now: Bybit against Binance+0.038%7-day average −0.016% · you sell dearer than you buy

Net, funding: paid 7d − costs−$37as in the Funding arb table

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$410.408% of the position

Long on Binance Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.034%+$3 on $10k

Price spread, last 7 days−0.034%−$3 · spread now +0.038%, 7d avg −0.016%

Together, before fees0.000%$0 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bybit is 0.054% dearer against Binance than usual: you sell high and buy low (spread +0.038% now, against its 7-day average of −0.016%): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance NBISUSDT	235.72	0.0088	pay 0.0088% / 8h	4h 43m	$19.4M	$84.6M	25x
Short	Bybit NBISUSDT	235.81	0	get 0.0000% / 8h	4h 43m	$5.1M	$6.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Binance. 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 BinancebpFee BybitbpOrdersPrice spread, now +0.038%Rate

Funding earned: −$18.51
Price spread: +0.038% → −0.016%: $5.38
Slippage, 4 orders: −$19.84
Fee Binance: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$53.96
Costs to cover: 0.408%
Break-even: never at this rate

Slippage from Binance: live order book, 14 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 Binance live order book, 14 min ago	0.85 bp	7.2 bp −$7	18.8 bp −$188	77.7 bp −$7,774	doesn't fit
Sell Bybit live order book, 5 min ago	1.91 bp	13.9 bp −$14	77.6 bp −$776	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
Nado NBIS-PERP	−0.0195%	1h	235.66	−0.024%	$38K	$115K	3x	as long as short
Bybit NBISUSDTshort	0.0000%	8h	235.81	+0.038%	$5.1M	$6.2M	50x
OKX NBIS-USDT-SWAP	0.0000%	8h	235.69	−0.013%	$3.4M	$16.2M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	235.71	−0.004%	$2.8M	$5.0M	50x	as long as short
Bitget NBISUSDT	0.0000%	8h	235.67	−0.021%	$2.4M	$4.4M	20x	as long as short
GRVT NBIS_USDT_Perp	0.0000%	8h	235.51	−0.090%	$5K	$119K	10x	as long as short
SunX NBIS-USDT	0.0000%	8h	235.85	+0.055%	$1K	$1.7M	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	235.28	−0.187%	$15K	$60K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	235.71	−0.004%	$1.6M	$958K	10x	as long as short
QFEX NBIS-USD	+0.0038%	1h	235.74	+0.008%	$1.5M	$4.2M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni NBIS	+0.0039%	8h	235.31	−0.173%	$2.9M	$573K	—	as long as short
Arcus NBIS-USD	+0.0040%	1h	235.34	−0.161%	$43K	$132K	5x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	235.97	+0.106%	—	$216K	5x	as long as short
Deribit NBIS_USDC-PERPETUAL	+0.0047%	1h	235.65	−0.030%	$35K	$48K	10x	as long as short
tradeXYZ xyz:NBIS	+0.0050%	1h	235.57	−0.064%	$55.0M	$19.9M	10x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	235.64	−0.034%	$149K	$453K	10x	as long as short
SoDEX NBIS-USD	+0.0050%	1h	235.65	−0.030%	$9	$21K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	235.74	+0.008%	$161K	$504K	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0056%	1h	235.35	−0.157%	$389K	$724K	10x	as long as short
Lighter NBIS	+0.0072%	1h	235.70	−0.008%	$899K	$4.0M	10x	as long as short
Aster NBISUSDT	+0.0084%	8h	235.71	−0.005%	$81K	$310K	50x	as long as short
Extended NBIS-USD	+0.0088%	1h	235.66	−0.026%	$147K	$702K	10x	as long as short
Binance NBISUSDTlong	+0.0088%	8h	235.72	long leg	$19.4M	$84.6M	25x
KuCoin NBISUSDTM	+0.0100%	8h	235.52	−0.085%	$485K	$21K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	235.73	+0.004%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	235.66	−0.024%	—	—	10x	as long as short
BloFin NBIS-USDT	+0.0112%	8h	235.71	−0.004%	$208K	$205K	20x	as long as short
Phoenix NBIS	+0.0272%	1h	235.31	−0.174%	$7K	$150K	10x	as long as short
Entropy io:NBIS	+0.0432%	1h	235.57	−0.064%	$10.2M	$3.3M	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0476%	1h	235.52	−0.086%	$24K	$15K	20x	as long as short
edgeX NBISUSDC	+0.0975%	4h	235.27	−0.189%	$38K	$227K	10x	as long as short