NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0091%/8h= +10.0% APRnext payment +$0.11 per $10,000 · paid last 24h −0.011%

Price spread now: tradeXYZ against Coinbase International+0.308%7-day average −0.089% · you sell dearer than you buy

Net, funding: paid 7d − costs−$67as in the Funding arb table

Net, price: spread back to 7d avg − costs−$9as in the Price arb table

costs, in and out, $10k−$480.483% of the position

Long on Coinbase International Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days−0.186%−$19 on $10k

Price spread, last 4 days (all we have)−0.449%−$45 · spread now +0.308%, 7d avg −0.089%

Together, before fees−0.635%+ Points / potential airdroptradeXYZ: Active · farm board−$63 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and tradeXYZ is 0.397% dearer against Coinbase International than usual: you sell high and buy low: +$40 more if the spread goes back to its 7-day average of −0.089%. Mind the row above: over the last 7 days funding on this pair cost −0.186%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International NBIS-PERP-INTX	230.39	0.0056	pay 0.0007% / 1h	35m 05s	$353K	$814K	10x
Short	tradeXYZ xyz:NBIS	231.10	0.0147	get 0.0018% / 1h	35m 05s	$54.3M	$21.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now +0.308%Rate

Funding earned: $19.18
Price spread: +0.308% → −0.089%: $39.7
Slippage, 4 orders: −$20.26
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: $10.62
Costs to cover: 0.483%
Break-even: 3.1 days

Slippage from Coinbase International: live order book, 3 min ago; tradeXYZ: live order book, 4 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 Coinbase International live order book, 3 min ago	6.27 bp	12.2 bp −$12	20.6 bp −$206	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 4 min ago	0.22 bp	10.7 bp −$11	14.1 bp −$141	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	−0.0444%	8h	231.33	+0.408%	$2.3M	$4.6M	20x	as long as short
Aster NBISUSDT	0.0000%	8h	231.10	+0.308%	$84K	$311K	50x	as long as short
Extended NBIS-USD	0.0000%	1h	231.14	+0.327%	$148K	$876K	10x	as long as short
Binance NBISUSDT	0.0000%	8h	231.23	+0.366%	$18.7M	$87.8M	25x	as long as short
Bybit NBISUSDT	0.0000%	8h	231.28	+0.386%	$4.9M	$6.8M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	231.17	+0.339%	$3.3M	$16.1M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	231.41	+0.443%	$2.7M	$5.2M	50x	as long as short
Variational Omni NBIS	0.0000%	8h	231.17	+0.339%	$2.8M	$594K	—	as long as short
GRVT NBIS_USDT_Perp	0.0000%	8h	231.29	+0.390%	$4K	$116K	10x	as long as short
SunX NBIS-USDT	0.0000%	8h	231.36	+0.421%	$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
HTX NBIS-USDT	0.0000%	8h	231.29	+0.391%	$15K	$57K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	231.34	+0.412%	$1.6M	$969K	10x	as long as short
BloFin NBIS-USDT	+0.0028%	8h	231.35	+0.417%	$203K	$209K	20x	as long as short
Arcus NBIS-USD	+0.0040%	1h	231.12	+0.317%	$42K	$131K	5x	as long as short
QFEX NBIS-USD	+0.0041%	1h	231.19	+0.347%	$1.5M	$3.8M	10x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	231.03	+0.278%	—	$222K	5x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	231.09	+0.304%	$137K	$473K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	231.06	+0.291%	$150K	$543K	10x	as long as short
Coinbase International NBIS-PERP-INTXlong	+0.0056%	1h	230.39	long leg	$353K	$814K	10x
SoDEX NBIS-USD	+0.0091%	1h	231.25	+0.373%	$102	$20K	10x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	231.00	+0.265%	$476K	$20K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	231.18	+0.343%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	231.17	+0.338%	—	—	10x	as long as short
tradeXYZ xyz:NBISshort	+0.0147%	1h	231.10	+0.308%	$54.3M	$21.1M	10x
Nado NBIS-PERP	+0.0171%	1h	231.06	+0.292%	$38K	$116K	3x	as long as short
Phoenix NBIS	+0.0312%	1h	231.13	+0.321%	$7K	$125K	10x	as long as short
edgeX NBISUSDC	+0.0332%	4h	231.30	+0.393%	$37K	$227K	10x	as long as short
Lighter NBIS	+0.0368%	1h	231.17	+0.339%	$931K	$4.0M	10x	as long as short
Entropy io:NBIS	+0.0429%	1h	231.15	+0.330%	$10.1M	$3.1M	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0540%	1h	231.13	+0.321%	$23K	$15K	20x	as long as short
Deribit NBIS_USDC-PERPETUAL	+0.0746%	1h	231.13	+0.321%	$34K	$49K	10x	as long as short