NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0040%/8h= +4.4% APRnext payment +$0.05 per $10,000 · paid last 24h +0.005%

Price spread now: Arcus against Deribit+0.069%7-day average — · you sell dearer than you buy

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

Long on Deribit Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 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 for this trade now. Funding pays +$1 a day on $10k at the current rate, and Arcus is 0.069% dearer against Deribit than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit NBIS_USDC-PERPETUAL	230.63	0	get 0.0000% / 1h	33m 13s	$34K	$49K	10x
Short	Arcus NBIS-USD	230.79	0.0040	get 0.0005% / 1h	33m 13s	$42K	$132K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Deribit. 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 DeribitbpFee ArcusbpOrdersPrice spread, now +0.069%Rate

Funding earned: $8.46
Price spread: +0.069% → 0.000%: $6.94
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: $3.9
Costs to cover: 0.115%
Break-even: 3.8 days

Slippage unknown: Deribit: no order-book sample; Arcus: live order book, 15 min ago. 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 Deribit no order-book sample	—	—	—	—	—
Sell Arcus live order book, 15 min ago	2.59 bp	12.6 bp −$13	18.0 bp −$180	doesn't fit	doesn't fit

Deribit: 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
Bitget NBISUSDT	−0.0334%	8h	230.71	+0.035%	$2.3M	$4.5M	20x	as long as short
BloFin NBIS-USDT	−0.0010%	8h	230.64	+0.004%	$206K	$204K	20x	as long as short
Aster NBISUSDT	0.0000%	8h	230.75	+0.053%	$84K	$311K	50x	as long as short
Extended NBIS-USD	0.0000%	1h	230.61	−0.011%	$144K	$753K	10x	as long as short
Binance NBISUSDT	0.0000%	8h	230.55	−0.035%	$18.3M	$86.4M	25x	as long as short
Bybit NBISUSDT	0.0000%	8h	230.74	+0.048%	$4.9M	$6.4M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	230.68	+0.022%	$3.3M	$16.0M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	230.68	+0.022%	$2.7M	$5.1M	50x	as long as short
Variational Omni NBIS	0.0000%	8h	231.06	+0.188%	$2.9M	$555K	—	as long as short
GRVT NBIS_USDT_Perp	0.0000%	8h	231.34	+0.310%	$5K	$118K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX NBIS-USDT	0.0000%	8h	230.75	+0.052%	$711	$1.6M	10x	as long as short
Deribit NBIS_USDC-PERPETUALlong	0.0000%	1h	230.63	long leg	$34K	$49K	10x
HTX NBIS-USDT	0.0000%	8h	231.30	+0.291%	$15K	$60K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	230.64	+0.004%	$1.6M	$956K	10x	as long as short
Nado NBIS-PERP	+0.0014%	1h	230.64	+0.003%	$37K	$115K	3x	as long as short
QFEX NBIS-USD	+0.0029%	1h	230.69	+0.026%	$1.5M	$3.9M	10x	as long as short
Arcus NBIS-USDshort	+0.0040%	1h	230.79	+0.069%	$42K	$132K	5x
Vest NBIS-USD-PERP	+0.0046%	1h	230.67	+0.017%	—	$219K	5x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	230.63	0.000%	$137K	$473K	10x	as long as short
SoDEX NBIS-USD	+0.0050%	1h	230.61	−0.009%	$97	$20K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	230.69	+0.026%	$160K	$522K	10x	as long as short
tradeXYZ xyz:NBIS	+0.0051%	1h	230.63	0.000%	$53.6M	$20.4M	10x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	230.60	−0.013%	$475K	$20K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	230.66	+0.013%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	230.64	+0.003%	—	—	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0168%	1h	230.16	−0.204%	$352K	$791K	10x	as long as short
Lighter NBIS	+0.0200%	1h	230.52	−0.048%	$919K	$3.9M	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0223%	1h	230.57	−0.028%	$23K	$15K	20x	as long as short
Phoenix NBIS	+0.0242%	1h	231.19	+0.243%	$7K	$150K	10x	as long as short
Entropy io:NBIS	+0.0311%	1h	230.85	+0.095%	$10.0M	$3.2M	10x	as long as short
edgeX NBISUSDC	+0.0940%	4h	231.06	+0.187%	$37K	$227K	10x	as long as short