Funding you earn now, next payment 08:00 UTC−0.0028%/8h= −3.1% APRnext payment −$0.28 per $10,000 · paid last 24h +0.001%
Price spread now: Binance against BloFin−0.117%51s7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$360.362% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 4 days (all we have)−0.091%−$9 · spread now −0.117%, 7d avg −0.043%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.074% cheaper against BloFin than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.043%). Swap the legs. The two prices were read 51 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 | BloFin NBIS-USDT | 234.00 | 0.0028 | pay 0.0028% / 8h | 3h 26m | $206K | $206K | 20x |
| Short | Binance NBISUSDT | 233.73 | 0 | get 0.0000% / 8h | 3h 26m | $19.2M | $84.8M | 25x |
BloFin NBIS-USDT
Binance NBISUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- −$5.96
- Price spread: −0.117% → −0.043%
- −$7.39
- Slippage, 4 orders
- −$14.16
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$49.5
- Costs to cover
- 0.362%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 64 min ago; Binance: 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 BloFin live order book, 64 min ago | 0.85 bp | 9.9 bp −$10 | 21.6 bp −$216 | doesn't fit | doesn't fit |
| Sell Binance live order book, 1 min ago | 0.21 bp | 10.1 bp −$10 | 27.9 bp −$279 | 81.6 bp −$8,160 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NBISUSDT | 0.0000% | 8h | 234.06 | +0.024% | $78K | $310K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 233.65 | −0.148% | $147K | $691K | 10x | as long as short |
| Binance NBISUSDTshort | 0.0000% | 8h | 233.73 | −0.117% | $19.2M | $84.8M | 25x | |
| Bybit NBISUSDT | 0.0000% | 8h | 233.78 | −0.094% | $5.0M | $6.3M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 233.56 | −0.188% | $3.4M | $16.1M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 233.74 | −0.111% | $2.7M | $5.0M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 233.71 | −0.124% | $2.4M | $4.4M | 20x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 234.33 | +0.141% | $2.9M | $555K | — | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 234.17 | +0.071% | $4K | $119K | 10x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 233.68 | −0.137% | $995 | $1.6M | 10x | as long as short |
Aster NBISUSDT
Extended NBIS-USD
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Bitget NBISUSDT
Variational Omni NBIS
GRVT NBIS_USDT_Perp
SunX NBIS-USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit NBIS_USDC-PERPETUAL | 0.0000% | 1h | 233.58 | −0.179% | $35K | $49K | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 234.38 | +0.162% | $15K | $60K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 234.05 | +0.021% | $1.6M | $954K | 10x | as long as short |
| BloFin NBIS-USDTlong | +0.0028% | 8h | 234.00 | long leg | $206K | $206K | 20x | |
| QFEX NBIS-USD | +0.0034% | 1h | 233.64 | −0.154% | $1.5M | $4.0M | 10x | as long as short |
| Nado NBIS-PERP | +0.0038% | 1h | 233.54 | −0.195% | $38K | $115K | 3x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 233.91 | −0.038% | $42K | $132K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 233.92 | −0.034% | — | $216K | 5x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0049% | 1h | 233.55 | −0.194% | $23K | $15K | 20x | as long as short |
| tradeXYZ xyz:NBIS | +0.0050% | 1h | 233.56 | −0.188% | $54.4M | $20.1M | 10x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 233.57 | −0.184% | $147K | $456K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 233.68 | −0.137% | $103 | $21K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 234.15 | +0.064% | $160K | $502K | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 233.73 | −0.115% | $482K | $20K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 233.85 | −0.064% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 233.79 | −0.091% | — | — | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0104% | 1h | 233.49 | −0.218% | $374K | $741K | 10x | as long as short |
| Phoenix NBIS | +0.0239% | 1h | 234.06 | +0.026% | $7K | $150K | 10x | as long as short |
| Lighter NBIS | +0.0248% | 1h | 233.70 | −0.128% | $926K | $3.9M | 10x | as long as short |
| Entropy io:NBIS | +0.0358% | 1h | 233.99 | −0.004% | $10.2M | $3.2M | 10x | as long as short |
| edgeX NBISUSDC | +0.0493% | 4h | 234.15 | +0.064% | $38K | $225K | 10x | as long as short |
Deribit NBIS_USDC-PERPETUAL
HTX NBIS-USDT
Phemex NBISUSDT
QFEX NBIS-USD
Nado NBIS-PERP
Arcus NBIS-USD
Vest NBIS-USD-PERP
Kraken Futures PF_NBISUSD
tradeXYZ xyz:NBIS
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
Ondo Perps NBIS-USD.P
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
Coinbase International NBIS-PERP-INTX
Phoenix NBIS
Lighter NBIS
Entropy io:NBIS
edgeX NBISUSDC