NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0720%/8h= +78.8% APRnext payment +$7.20 per $10,000 · paid last 24h −0.006%

Price spread now: GRVT against Binance+0.065%7-day average +0.024% · you sell dearer than you buy

Net, funding: paid 7d − costs−$42as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$410.413% of the position

Long on Binance Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.007%−$1 on $10k

Price spread, last 4 days (all we have)−0.024%−$2 · spread now +0.065%, 7d avg +0.024%

Together, before fees−0.032%+ Points / potential airdropGRVT: Active · farm board−$3 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and GRVT is 0.041% dearer against Binance than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.024%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.007% in total (about -0.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$7.20 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	Binance NBISUSDT	230.39	0.0045	pay 0.0045% / 8h	7h 00m	$18.5M	$90.2M	25x
Short	GRVT NBIS_USDT_Perp	230.54	0.0765	get 0.0765% / 8h	7h 00m	$5K	$114K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +0.065%Rate

Funding earned: $151.21
Price spread: +0.065% → +0.024%: $4.14
Slippage, 4 orders: −$22.31
Fee Binance: 5 bp × 2 orders: −$10
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: $114.03
Costs to cover: 0.413%
Break-even: 1.7 days

Slippage from Binance: live order book, 12 min ago; GRVT: live order book, 26 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, 12 min ago	0.65 bp	7.3 bp −$7	23.6 bp −$236	79.2 bp −$7,922	doesn't fit
Sell GRVT live order book, 26 min ago	2.64 bp	12.9 bp −$13	doesn't fit	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
Bitget NBISUSDT	−0.0079%	8h	230.36	−0.013%	$2.3M	$4.6M	20x	as long as short
Coinbase International NBIS-PERP-INTX	−0.0008%	1h	230.78	+0.169%	$382K	$869K	10x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	230.42	+0.013%	$3.3M	$16.4M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	230.39	0.000%	$2.7M	$5.2M	50x	as long as short
Variational Omni NBIS	0.0000%	8h	230.53	+0.062%	$2.8M	$598K	—	as long as short
SunX NBIS-USDT	0.0000%	8h	230.61	+0.095%	$1K	$1.6M	10x	as long as short
Phemex NBISUSDT	0.0000%	8h	230.40	+0.004%	$1.5M	$971K	10x	as long as short
Aster NBISUSDT	+0.0005%	8h	230.17	−0.094%	$74K	$320K	50x	as long as short
Arcus NBIS-USD	+0.0040%	1h	230.53	+0.061%	$42K	$124K	5x	as long as short
Binance NBISUSDTlong	+0.0045%	8h	230.39	long leg	$18.5M	$90.2M	25x

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest NBIS-USD-PERP	+0.0046%	1h	230.40	+0.004%	—	$246K	5x	as long as short
Extended NBIS-USD	+0.0048%	1h	230.31	−0.036%	$144K	$856K	10x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	230.36	−0.013%	$137K	$467K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	230.20	−0.082%	$149K	$539K	10x	as long as short
QFEX NBIS-USD	+0.0064%	1h	230.59	+0.087%	$1.6M	$3.7M	10x	as long as short
BloFin NBIS-USDT	+0.0065%	8h	230.49	+0.043%	$200K	$215K	20x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	230.26	−0.056%	$474K	$96K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	230.44	+0.022%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	230.39	0.000%	—	—	10x	as long as short
Nado NBIS-PERP	+0.0134%	1h	230.32	−0.029%	$38K	$116K	3x	as long as short
tradeXYZ xyz:NBIS	+0.0189%	1h	230.43	+0.017%	$54.1M	$22.0M	10x	as long as short
HTX NBIS-USDT	+0.0195%	8h	230.68	+0.126%	$13K	$62K	20x	as long as short
Bybit NBISUSDT	+0.0240%	8h	230.38	−0.004%	$4.8M	$6.8M	50x	as long as short
Lighter NBIS	+0.0248%	1h	230.49	+0.043%	$924K	$4.1M	10x	as long as short
Deribit NBIS_USDC-PERPETUAL	+0.0271%	1h	230.40	+0.004%	$34K	$50K	10x	as long as short
Phoenix NBIS	+0.0277%	1h	230.48	+0.039%	$7K	$125K	10x	as long as short
SoDEX NBIS-USD	+0.0409%	1h	230.44	+0.022%	$78	$20K	10x	as long as short
Entropy io:NBIS	+0.0415%	1h	230.41	+0.009%	$10.1M	$3.2M	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0677%	1h	230.48	+0.037%	$22K	$16K	20x	as long as short
edgeX NBISUSDC	+0.0741%	4h	230.53	+0.060%	$37K	$227K	10x	as long as short
GRVT NBIS_USDT_Perpshort	+0.0765%	8h	230.54	+0.065%	$5K	$114K	10x