NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0532%/8h= +58.3% APRnext payment +$5.32 per $10,000 · paid last 24h +0.018%

Price spread now: Bybit against Bitget−0.035%7-day average −0.006% · you buy dearer than you sell

Net, funding: paid 7d − costs−$58as in the Funding arb table

Net, price: spread back to 7d avg − costs−$61as in the Price arb table

costs, in and out, $10k−$580.578% of the position

Long on Bitget Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 7 days+0.025%+$3 · spread now −0.035%, 7d avg −0.006%

Together, before fees+0.025%+$3 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bybit is 0.029% cheaper against Bitget than usual: you would sell low and buy high (spread −0.035% now, against its 7-day average of −0.006%). If the spread goes back, that is −$3 on $10k: about 4 hours of funding at the current rate (+$16 a day).

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.000% in total (about -0.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.32 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	Bitget NBISUSDT	230.39	−0.0532	get 0.0532% / 8h	1h 36m	$2.3M	$4.5M	20x
Short	Bybit NBISUSDT	230.31	0	get 0.0000% / 8h	1h 36m	$4.9M	$6.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. 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 BitgetbpFee BybitbpOrdersPrice spread, now −0.035%Rate

Funding earned: $111.72
Price spread: −0.035% → −0.006%: −$2.89
Slippage, 4 orders: −$34.85
Fee Bitget: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: $50.98
Costs to cover: 0.578%
Break-even: 3.8 days

Slippage from Bitget: live order book, 1 min ago; Bybit: live order book, 1 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 Bitget live order book, 1 min ago	3.04 bp	16.5 bp −$16	25.0 bp −$250	43.0 bp −$4,295	doesn't fit
Sell Bybit live order book, 1 min ago	2.17 bp	12.9 bp −$13	68.0 bp −$680	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 NBISUSDTlong	−0.0532%	8h	230.39	long leg	$2.3M	$4.5M	20x
Aster NBISUSDT	0.0000%	8h	230.36	−0.011%	$84K	$311K	50x	as long as short
Extended NBIS-USD	0.0000%	1h	230.29	−0.043%	$144K	$655K	10x	as long as short
Binance NBISUSDT	0.0000%	8h	230.28	−0.048%	$18.5M	$87.3M	25x	as long as short
Bybit NBISUSDTshort	0.0000%	8h	230.31	−0.035%	$4.9M	$6.6M	50x
OKX NBIS-USDT-SWAP	0.0000%	8h	230.12	−0.117%	$3.3M	$16.1M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	230.34	−0.022%	$2.7M	$5.1M	50x	as long as short
Variational Omni NBIS	0.0000%	8h	230.48	+0.039%	$2.8M	$602K	—	as long as short
GRVT NBIS_USDT_Perp	0.0000%	8h	230.55	+0.070%	$5K	$116K	10x	as long as short
SunX NBIS-USDT	0.0000%	8h	230.42	+0.013%	$1K	$1.6M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit NBIS_USDC-PERPETUAL	0.0000%	1h	230.23	−0.069%	$34K	$49K	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	230.42	+0.013%	$15K	$57K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	230.34	−0.022%	$1.6M	$962K	10x	as long as short
BloFin NBIS-USDT	+0.0021%	8h	230.38	−0.004%	$203K	$204K	20x	as long as short
Arcus NBIS-USD	+0.0040%	1h	230.31	−0.035%	$42K	$132K	5x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	230.23	−0.069%	—	$221K	5x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	230.24	−0.065%	$137K	$473K	10x	as long as short
SoDEX NBIS-USD	+0.0050%	1h	230.28	−0.048%	$97	$20K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	230.45	+0.026%	$152K	$547K	10x	as long as short
QFEX NBIS-USD	+0.0056%	1h	230.35	−0.017%	$1.5M	$3.8M	10x	as long as short
Nado NBIS-PERP	+0.0071%	1h	230.24	−0.066%	$37K	$115K	3x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	230.26	−0.056%	$475K	$20K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	230.31	−0.035%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	230.28	−0.049%	—	—	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0120%	1h	230.39	0.000%	$351K	$812K	10x	as long as short
tradeXYZ xyz:NBIS	+0.0122%	1h	230.23	−0.069%	$54.1M	$21.0M	10x	as long as short
Lighter NBIS	+0.0216%	1h	230.38	−0.004%	$947K	$4.0M	10x	as long as short
Phoenix NBIS	+0.0311%	1h	230.58	+0.082%	$7K	$150K	10x	as long as short
Entropy io:NBIS	+0.0344%	1h	230.42	+0.013%	$10.0M	$3.1M	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0686%	1h	230.25	−0.059%	$23K	$15K	20x	as long as short
edgeX NBISUSDC	+0.0706%	4h	230.35	−0.018%	$37K	$226K	10x	as long as short