NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0147%/8h= +16.1% APRnext payment +$1.47 per $10,000 · paid last 24h −0.026%

Price spread now: Bybit against BloFin−0.195%82s7-day average −0.015% · you buy dearer than you sell

Net, funding: paid 7d − costs−$49as 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−$520.520% of the position

Long on BloFin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.035%+$3 on $10k

Price spread, last 4 days (all we have)+0.405%+$40 · spread now −0.195%, 7d avg −0.015%

Together, before fees+0.440%+$44 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bybit is 0.179% cheaper against BloFin than usual: you would sell low and buy high (spread −0.195% now, against its 7-day average of −0.015%). If the spread goes back, that is −$18 on $10k: about 4.1 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.035% in total) that is about 36 days. The two prices were read 82 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	231.36	0.0055	pay 0.0055% / 8h	6h 55m	$202K	$215K	20x
Short	Bybit NBISUSDT	230.91	0.0202	get 0.0202% / 8h	6h 55m	$4.9M	$6.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against BloFin. 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 BloFinbpFee BybitbpOrdersPrice spread, now −0.195%Rate

Funding earned: $30.96
Price spread: −0.195% → −0.015%: −$17.95
Slippage, 4 orders: −$29.05
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$39.03
Costs to cover: 0.520%
Break-even: 15.8 days

Slippage from BloFin: live order book, 5 min ago; Bybit: live order book, 2 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, 5 min ago	0.87 bp	8.5 bp −$8	16.6 bp −$166	doesn't fit	doesn't fit
Sell Bybit live order book, 2 min ago	2.38 bp	17.7 bp −$18	69.9 bp −$699	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	−0.0051%	8h	230.93	−0.186%	$2.3M	$4.6M	20x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	230.85	−0.220%	$3.3M	$16.4M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	231.12	−0.104%	$2.7M	$5.0M	50x	as long as short
SunX NBIS-USDT	0.0000%	8h	231.17	−0.082%	$1K	$1.6M	10x	as long as short
Phemex NBISUSDT	0.0000%	8h	231.30	−0.026%	$1.6M	$971K	10x	as long as short
Variational Omni NBIS	+0.0011%	8h	231.16	−0.086%	$2.8M	$639K	—	as long as short
Aster NBISUSDT	+0.0021%	8h	230.86	−0.215%	$74K	$320K	50x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	231.14	−0.095%	—	$246K	5x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	231.18	−0.078%	$138K	$467K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	231.05	−0.134%	$149K	$538K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX NBIS-USD	+0.0054%	1h	231.18	−0.078%	$1.6M	$3.7M	10x	as long as short
BloFin NBIS-USDTlong	+0.0055%	8h	231.36	long leg	$202K	$215K	20x
Extended NBIS-USD	+0.0064%	1h	230.95	−0.177%	$145K	$856K	10x	as long as short
Binance NBISUSDT	+0.0065%	8h	231.00	−0.156%	$18.8M	$90.7M	25x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0088%	1h	230.78	−0.251%	$382K	$869K	10x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	230.93	−0.186%	$468K	$106K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	231.13	−0.099%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	231.13	−0.100%	—	—	10x	as long as short
Nado NBIS-PERP	+0.0121%	1h	230.97	−0.167%	$38K	$116K	3x	as long as short
HTX NBIS-USDT	+0.0191%	8h	230.95	−0.177%	$13K	$62K	20x	as long as short
Bybit NBISUSDTshort	+0.0202%	8h	230.91	−0.195%	$4.9M	$6.8M	50x
Arcus NBIS-USD	+0.0257%	1h	231.15	−0.091%	$42K	$124K	5x	as long as short
Phoenix NBIS	+0.0277%	1h	230.93	−0.186%	$7K	$127K	10x	as long as short
edgeX NBISUSDC	+0.0315%	4h	230.90	−0.199%	$37K	$226K	10x	as long as short
tradeXYZ xyz:NBIS	+0.0317%	1h	231.13	−0.099%	$54.3M	$22.0M	10x	as long as short
Lighter NBIS	+0.0352%	1h	231.25	−0.048%	$934K	$4.0M	10x	as long as short
SoDEX NBIS-USD	+0.0432%	1h	231.19	−0.073%	$74	$20K	10x	as long as short
Deribit NBIS_USDC-PERPETUAL	+0.0529%	1h	231.10	−0.112%	$34K	$50K	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0768%	1h	231.20	−0.068%	$22K	$16K	20x	as long as short
Entropy io:NBIS	+0.0788%	1h	230.87	−0.212%	$10.1M	$3.2M	10x	as long as short
GRVT NBIS_USDT_Perp	+0.0817%	8h	230.41	−0.411%	$5K	$114K	10x	as long as short