NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0054%/8h= −5.9% APRnext payment −$0.07 per $10,000 · paid last 24h −0.060%

Price spread now: SoDEX against Coinbase International−0.488%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Coinbase International Short on SoDEX

What this pair did over the last

the charts below follow

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 −$2 a day on $10k at the current rate, and SoDEX is 0.488% cheaper against Coinbase International than usual: you would sell low and buy high (−$49 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International NBIS-PERP-INTX	235.56	0.0104	pay 0.0013% / 1h	46m 16s	$389K	$724K	10x
Short	SoDEX NBIS-USD	234.41	0.0050	get 0.0006% / 1h	46m 16s	$75	$21K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Coinbase International. 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 Coinbase InternationalbpFee SoDEXbpOrdersPrice spread, now −0.488%Rate

Funding earned: −$11.34
Price spread: −0.488% → 0.000%: −$48.82
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$78.16
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Coinbase International: live order book, 7 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 Coinbase International live order book, 7 min ago	2.99 bp	8.9 bp −$9	16.6 bp −$166	doesn't fit	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	234.49	−0.454%	$5.0M	$6.3M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	234.41	−0.488%	$3.4M	$16.2M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	234.39	−0.497%	$2.8M	$5.0M	50x	as long as short
Bitget NBISUSDT	0.0000%	8h	234.42	−0.484%	$2.4M	$4.4M	20x	as long as short
Variational Omni NBIS	0.0000%	8h	234.15	−0.597%	$2.9M	$558K	—	as long as short
GRVT NBIS_USDT_Perp	0.0000%	8h	233.86	−0.722%	$4K	$120K	10x	as long as short
SunX NBIS-USDT	0.0000%	8h	234.48	−0.458%	$964	$1.7M	10x	as long as short
Deribit NBIS_USDC-PERPETUAL	0.0000%	1h	234.43	−0.480%	$35K	$49K	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	234.17	−0.590%	$15K	$60K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	234.47	−0.463%	$1.6M	$954K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster NBISUSDT	+0.0002%	8h	234.69	−0.368%	$79K	$310K	50x	as long as short
Binance NBISUSDT	+0.0004%	8h	234.47	−0.463%	$19.3M	$84.6M	25x	as long as short
Extended NBIS-USD	+0.0008%	1h	234.40	−0.491%	$147K	$699K	10x	as long as short
BloFin NBIS-USDT	+0.0011%	8h	234.29	−0.539%	$207K	$206K	20x	as long as short
QFEX NBIS-USD	+0.0034%	1h	234.42	−0.484%	$1.5M	$4.1M	10x	as long as short
Arcus NBIS-USD	+0.0040%	1h	234.10	−0.620%	$42K	$132K	5x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	234.55	−0.429%	—	$216K	5x	as long as short
Kraken Futures PF_NBISUSD	+0.0048%	1h	234.35	−0.513%	$23K	$15K	20x	as long as short
tradeXYZ xyz:NBIS	+0.0050%	1h	234.35	−0.514%	$54.7M	$20.0M	10x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	234.36	−0.509%	$147K	$456K	10x	as long as short
SoDEX NBIS-USDshort	+0.0050%	1h	234.41	−0.488%	$75	$21K	10x
Ondo Perps NBIS-USD.P	+0.0050%	1h	233.88	−0.713%	$160K	$501K	10x	as long as short
Nado NBIS-PERP	+0.0077%	1h	234.44	−0.475%	$38K	$115K	3x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	234.36	−0.509%	$483K	$20K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	234.40	−0.492%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	234.39	−0.497%	—	—	10x	as long as short
Coinbase International NBIS-PERP-INTXlong	+0.0104%	1h	235.56	long leg	$389K	$724K	10x
Phoenix NBIS	+0.0239%	1h	234.02	−0.654%	$7K	$150K	10x	as long as short
Lighter NBIS	+0.0272%	1h	234.43	−0.480%	$915K	$3.9M	10x	as long as short
Entropy io:NBIS	+0.0332%	1h	234.29	−0.539%	$10.2M	$3.2M	10x	as long as short
edgeX NBISUSDC	+0.0346%	4h	233.86	−0.723%	$38K	$227K	10x	as long as short