Funding you earn now, next payment 08:00 UTC+0.0009%/8h= +1.0% APRnext payment +$0.09 per $10,000 · paid last 24h −0.026%
Price spread now: OKX against BloFin−0.082%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$400.405% of the position
Funding, last 7 days−0.042%−$4 on $10k
+Price spread, last 4 days (all we have)+0.140%+$14 · spread now −0.082%, 7d avg −0.024%
=Funding pays, the price is against you. OKX is 0.058% cheaper against BloFin than usual: you would sell low and buy high (spread −0.082% now, against its 7-day average of −0.024%). If the spread goes back, that is −$6 on $10k: about 20 days of funding at the current rate ($0 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin NBIS-USDT | 232.38 | −0.0009 | get 0.0009% / 8h | 2h 06m | $203K | $206K | 20x |
| Short | OKX NBIS-USDT-SWAP | 232.19 | 0 | get 0.0000% / 8h | 2h 06m | $3.3M | $16.2M | 25x |
BloFin NBIS-USDT
OKX NBIS-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $1.98
- Price spread: −0.082% → −0.024%
- −$5.79
- Slippage, 4 orders
- −$18.49
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$44.3
- Costs to cover
- 0.405%
- Break-even
- 163.5 days
Slippage from BloFin: live order book, 9 min ago; OKX: 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, 9 min ago | 0.86 bp | 9.8 bp −$10 | 21.8 bp −$218 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 1.08 bp | 11.8 bp −$12 | 35.5 bp −$355 | 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 | −0.0429% | 8h | 232.30 | −0.034% | $2.3M | $4.6M | 20x | as long as short |
| BloFin NBIS-USDTlong | −0.0009% | 8h | 232.38 | long leg | $203K | $206K | 20x | |
| Aster NBISUSDT | 0.0000% | 8h | 232.08 | −0.127% | $85K | $311K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 232.17 | −0.089% | $146K | $753K | 10x | as long as short |
| Binance NBISUSDT | 0.0000% | 8h | 232.33 | −0.022% | $18.6M | $87.0M | 25x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 232.30 | −0.034% | $4.9M | $6.5M | 50x | as long as short |
| OKX NBIS-USDT-SWAPshort | 0.0000% | 8h | 232.19 | −0.082% | $3.3M | $16.2M | 25x | |
| Gate NBIS_USDT | 0.0000% | 8h | 232.29 | −0.039% | $2.7M | $5.1M | 50x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 232.26 | −0.050% | $2.8M | $602K | — | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 232.32 | −0.025% | $5K | $117K | 10x | as long as short |
Bitget NBISUSDT
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
Bybit NBISUSDT
Gate NBIS_USDT
Variational Omni NBIS
GRVT NBIS_USDT_PerpShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX NBIS-USDT | 0.0000% | 8h | 232.23 | −0.065% | $1K | $1.6M | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 232.23 | −0.065% | $15K | $61K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 232.32 | −0.026% | $1.6M | $957K | 10x | as long as short |
| QFEX NBIS-USD | +0.0029% | 1h | 232.30 | −0.034% | $1.5M | $3.9M | 10x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 232.07 | −0.133% | $42K | $132K | 5x | as long as short |
| Nado NBIS-PERP | +0.0041% | 1h | 232.02 | −0.157% | $38K | $115K | 3x | as long as short |
| edgeX NBISUSDC | +0.0045% | 4h | 232.19 | −0.082% | $37K | $226K | 10x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 232.29 | −0.039% | — | $220K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 232.26 | −0.052% | $138K | $473K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 232.29 | −0.039% | $151K | $548K | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 232.06 | −0.138% | $478K | $20K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 232.24 | −0.060% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 232.20 | −0.077% | — | — | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0113% | 1h | 232.22 | −0.069% | $54.6M | $21.1M | 10x | as long as short |
| SoDEX NBIS-USD | +0.0158% | 1h | 232.30 | −0.034% | $79 | $20K | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0168% | 1h | 231.92 | −0.198% | $351K | $815K | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0222% | 1h | 232.31 | −0.031% | $23K | $15K | 20x | as long as short |
| Phoenix NBIS | +0.0242% | 1h | 232.31 | −0.030% | $7K | $150K | 10x | as long as short |
| Lighter NBIS | +0.0264% | 1h | 232.24 | −0.060% | $939K | $4.0M | 10x | as long as short |
| Entropy io:NBIS | +0.0395% | 1h | 232.03 | −0.151% | $10.1M | $3.2M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.0957% | 1h | 232.25 | −0.056% | $34K | $49K | 10x | as long as short |
SunX NBIS-USDT
HTX NBIS-USDT
Phemex NBISUSDT
QFEX NBIS-USD
Arcus NBIS-USD
Nado NBIS-PERP
edgeX NBISUSDC
Vest NBIS-USD-PERP
Polymarket Perps NBIS-USD
Ondo Perps NBIS-USD.P
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
tradeXYZ xyz:NBIS
SoDEX NBIS-USD
Coinbase International NBIS-PERP-INTX
Kraken Futures PF_NBISUSD
Phoenix NBIS
Lighter NBIS
Entropy io:NBIS
Deribit NBIS_USDC-PERPETUAL