Funding you earn now, next payment 23:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.026%
Price spread now: SoDEX against Deribit+0.030%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 for this trade now. Funding pays +$2 a day on $10k at the current rate, and SoDEX is 0.030% dearer against Deribit than usual: you sell high and buy low: +$3 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 | 233.12 | 0 | get 0.0000% / 1h | 47m 14s | $35K | $47K | 10x |
| Short | SoDEX NBIS-USD | 233.19 | 0.0050 | get 0.0006% / 1h | 47m 14s | $33 | $20K | 10x |
Deribit NBIS_USDC-PERPETUAL
SoDEX NBIS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against Deribit. 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
- $10.5
- Price spread: +0.030% → 0.000%
- $3
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$1.5
- Costs to cover
- 0.150%
- Break-even
- 8.0 days
Slippage unknown: Deribit: no order-book sample; 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 Deribit no order-book sample | — | — | — | — | — |
| Sell SoDEX no order-book sample | — | — | — | — | — |
Deribit and 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 | 233.18 | +0.026% | $5.1M | $6.5M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 233.12 | 0.000% | $3.4M | $17.0M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 233.19 | +0.030% | $2.8M | $5.3M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 233.21 | +0.039% | $2.5M | $4.7M | 20x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 233.27 | +0.064% | $2.8M | $945K | — | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 233.25 | +0.056% | $1K | $1.8M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUALlong | 0.0000% | 1h | 233.12 | long leg | $35K | $47K | 10x | |
| HTX NBIS-USDT | 0.0000% | 8h | 233.16 | +0.017% | $15K | $115K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 233.21 | +0.039% | $1.6M | $966K | 10x | as long as short |
| BloFin NBIS-USDT | +0.0019% | 8h | 233.20 | +0.034% | $205K | $213K | 20x | as long as short |
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Bitget NBISUSDT
Variational Omni NBIS
SunX NBIS-USDT
HTX NBIS-USDT
Phemex NBISUSDT
BloFin NBIS-USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance NBISUSDT | +0.0021% | 8h | 233.22 | +0.043% | $19.4M | $86.9M | 25x | as long as short |
| Aster NBISUSDT | +0.0022% | 8h | 233.42 | +0.130% | $79K | $304K | 50x | as long as short |
| Extended NBIS-USD | +0.0024% | 1h | 233.19 | +0.032% | $141K | $697K | 10x | as long as short |
| QFEX NBIS-USD | +0.0038% | 1h | 233.26 | +0.060% | $1.5M | $5.1M | 10x | as long as short |
| GRVT NBIS_USDT_Perp | +0.0039% | 8h | 233.25 | +0.057% | $5K | $147K | 10x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 233.23 | +0.047% | $44K | $133K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 233.34 | +0.094% | — | $234K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 233.29 | +0.073% | $136K | $645K | 10x | as long as short |
| SoDEX NBIS-USDshort | +0.0050% | 1h | 233.19 | +0.030% | $33 | $20K | 10x | |
| Coinbase International NBIS-PERP-INTX | +0.0072% | 1h | 232.99 | −0.056% | $356K | $702K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0094% | 1h | 233.27 | +0.064% | $173K | $498K | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 233.06 | −0.026% | $480K | $25K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 233.25 | +0.056% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 233.22 | +0.041% | — | — | 10x | as long as short |
| Nado NBIS-PERP | +0.0271% | 1h | 233.19 | +0.030% | $28K | $63K | 3x | as long as short |
| tradeXYZ xyz:NBIS | +0.0273% | 1h | 233.17 | +0.021% | $54.4M | $23.5M | 10x | as long as short |
| Entropy io:NBIS | +0.0284% | 1h | 233.21 | +0.039% | $10.2M | $3.3M | 10x | as long as short |
| Lighter NBIS | +0.0288% | 1h | 233.24 | +0.051% | $934K | $4.6M | 10x | as long as short |
| Phoenix NBIS | +0.0343% | 1h | 233.45 | +0.142% | $7K | $185K | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0347% | 1h | 233.07 | −0.019% | $24K | $13K | 20x | as long as short |
| edgeX NBISUSDC | +0.0602% | 4h | 233.27 | +0.063% | $37K | $234K | 10x | as long as short |
Binance NBISUSDT
Aster NBISUSDT
Extended NBIS-USD
QFEX NBIS-USD
GRVT NBIS_USDT_Perp
Arcus NBIS-USD
Vest NBIS-USD-PERP
Polymarket Perps NBIS-USD
Coinbase International NBIS-PERP-INTX
Ondo Perps NBIS-USD.P
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
Nado NBIS-PERP
tradeXYZ xyz:NBIS
Entropy io:NBIS
Lighter NBIS
Phoenix NBIS
Kraken Futures PF_NBISUSD
edgeX NBISUSDC