Funding you earn now, next payment 00:00 UTC−0.0191%/8h= −20.9% APRpaid last 24h −0.038%
Price spread now: SoDEX against Binance−0.030%55s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and SoDEX is 0.030% cheaper against Binance than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance NBISUSDT | 234.47 | 0.0241 | pay 0.0241% / 8h | 46m 27s | $19.4M | $86.3M | 25x |
| Short | SoDEX NBIS-USD | 234.40 | 0.0050 | get 0.0006% / 1h | 46m 27s | $33 | $20K | 10x |
Binance NBISUSDT
SoDEX NBIS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against Binance. 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
- −$40.14
- Price spread: −0.030% → 0.000%
- −$2.99
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$61.13
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 11 min ago; SoDEX: no order-book sample. Net counts fees only.
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, 11 min ago | 0.21 bp | 9.3 bp −$9 | 24.2 bp −$242 | 76.3 bp −$7,628 | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit NBISUSDT | 0.0000% | 8h | 234.45 | −0.009% | $5.2M | $6.5M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 234.51 | +0.017% | $3.4M | $17.0M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 234.48 | +0.004% | $2.8M | $5.3M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 234.44 | −0.013% | $2.5M | $4.8M | 20x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 234.34 | −0.055% | $874 | $1.8M | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | 0.0000% | 1h | 233.76 | −0.303% | $358K | $699K | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 234.37 | −0.043% | $15K | $115K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 234.38 | −0.038% | $1.6M | $967K | 10x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 234.57 | +0.043% | — | $234K | 5x | as long as short |
| SoDEX NBIS-USDshort | +0.0050% | 1h | 234.40 | −0.030% | $33 | $20K | 10x |
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Bitget NBISUSDT
SunX NBIS-USDT
Coinbase International NBIS-PERP-INTX
HTX NBIS-USDT
Phemex NBISUSDT
Vest NBIS-USD-PERPShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX NBIS-USD | +0.0051% | 1h | 234.40 | −0.030% | $1.5M | $5.1M | 10x | as long as short |
| Polymarket Perps NBIS-USD | +0.0052% | 1h | 234.41 | −0.026% | $147K | $706K | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.0092% | 1h | 234.26 | −0.090% | $35K | $48K | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 234.25 | −0.094% | $483K | $25K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 234.45 | −0.009% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 234.48 | +0.005% | — | — | 10x | as long as short |
| Variational Omni NBIS | +0.0183% | 8h | 234.38 | −0.038% | $2.9M | $821K | — | as long as short |
| Aster NBISUSDT | +0.0227% | 8h | 234.32 | −0.064% | $79K | $306K | 50x | as long as short |
| Nado NBIS-PERP | +0.0234% | 1h | 234.21 | −0.110% | $28K | $63K | 3x | as long as short |
| Extended NBIS-USD | +0.0240% | 1h | 234.41 | −0.027% | $142K | $697K | 10x | as long as short |
| Binance NBISUSDTlong | +0.0241% | 8h | 234.47 | long leg | $19.4M | $86.3M | 25x | |
| Kraken Futures PF_NBISUSD | +0.0248% | 1h | 234.24 | −0.096% | $24K | $13K | 20x | as long as short |
| BloFin NBIS-USDT | +0.0260% | 8h | 234.47 | 0.000% | $206K | $214K | 20x | as long as short |
| GRVT NBIS_USDT_Perp | +0.0261% | 8h | 234.41 | −0.026% | $5K | $139K | 10x | as long as short |
| Arcus NBIS-USD | +0.0269% | 1h | 234.36 | −0.047% | $44K | $134K | 5x | as long as short |
| tradeXYZ xyz:NBIS | +0.0301% | 1h | 234.40 | −0.030% | $54.7M | $23.3M | 10x | as long as short |
| edgeX NBISUSDC | +0.0320% | 4h | 234.32 | −0.065% | $38K | $235K | 10x | as long as short |
| Lighter NBIS | +0.0368% | 1h | 234.48 | +0.004% | $931K | $4.6M | 10x | as long as short |
| Phoenix NBIS | +0.0376% | 1h | 234.42 | −0.021% | $7K | $163K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0404% | 1h | 234.33 | −0.060% | $174K | $498K | 10x | as long as short |
| Entropy io:NBIS | +0.0504% | 1h | 234.37 | −0.043% | $10.2M | $3.3M | 10x | as long as short |
QFEX NBIS-USD
Polymarket Perps NBIS-USD
Deribit NBIS_USDC-PERPETUAL
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
Variational Omni NBIS
Aster NBISUSDT
Nado NBIS-PERP
Extended NBIS-USD
Kraken Futures PF_NBISUSD
BloFin NBIS-USDT
GRVT NBIS_USDT_Perp
Arcus NBIS-USD
tradeXYZ xyz:NBIS
edgeX NBISUSDC
Lighter NBIS
Phoenix NBIS
Ondo Perps NBIS-USD.P
Entropy io:NBIS