Funding you earn now, next payment 10:00 UTC+0.0267%/8h= +29.2% APRnext payment +$0.33 per $10,000 · paid last 24h +0.027%
Price spread now: tradeXYZ against Deribit+0.004%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$8 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit NBIS_USDC-PERPETUAL | 230.42 | 0 | get 0.0000% / 1h | 55m 14s | $34K | $50K | 10x |
| Short | tradeXYZ xyz:NBIS | 230.43 | 0.0267 | get 0.0033% / 1h | 55m 14s | $54.1M | $22.0M | 10x |
Deribit NBIS_USDC-PERPETUAL
tradeXYZ xyz:NBISFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $56.05
- Price spread: +0.004% → 0.000%
- $0.43
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $31.49
- Costs to cover
- 0.250%
- Break-even
- 3.1 days
Slippage unknown: Deribit: no order-book sample; tradeXYZ: live order book, 4 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 tradeXYZ live order book, 4 min ago | 0.22 bp | 11.4 bp −$11 | 17.2 bp −$172 | 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 | −0.0045% | 8h | 230.41 | −0.004% | $2.3M | $4.7M | 20x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 230.30 | −0.052% | $3.3M | $16.4M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 230.56 | +0.061% | $2.7M | $5.0M | 50x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 231.17 | +0.325% | $1K | $1.6M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUALlong | 0.0000% | 1h | 230.42 | long leg | $34K | $50K | 10x | |
| Phemex NBISUSDT | 0.0000% | 8h | 230.45 | +0.013% | $1.6M | $971K | 10x | as long as short |
| Variational Omni NBIS | +0.0011% | 8h | 231.16 | +0.321% | $2.8M | $639K | — | as long as short |
| Aster NBISUSDT | +0.0027% | 8h | 230.73 | +0.134% | $74K | $320K | 50x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 230.72 | +0.130% | — | $246K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 230.57 | +0.065% | $137K | $467K | 10x | as long as short |
Bitget NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
SunX NBIS-USDT
Phemex NBISUSDT
Variational Omni NBIS
Aster NBISUSDT
Vest NBIS-USD-PERP
Polymarket Perps NBIS-USDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 230.99 | +0.247% | $149K | $538K | 10x | as long as short |
| QFEX NBIS-USD | +0.0054% | 1h | 230.61 | +0.082% | $1.5M | $3.7M | 10x | as long as short |
| BloFin NBIS-USDT | +0.0058% | 8h | 230.56 | +0.061% | $201K | $215K | 20x | as long as short |
| Extended NBIS-USD | +0.0064% | 1h | 230.66 | +0.105% | $145K | $856K | 10x | as long as short |
| Binance NBISUSDT | +0.0068% | 8h | 230.72 | +0.131% | $18.8M | $90.8M | 25x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0088% | 1h | 230.78 | +0.156% | $382K | $869K | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 230.66 | +0.104% | $468K | $106K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 230.77 | +0.152% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 231.08 | +0.288% | — | — | 10x | as long as short |
| Nado NBIS-PERP | +0.0107% | 1h | 230.56 | +0.062% | $38K | $116K | 3x | as long as short |
| HTX NBIS-USDT | +0.0157% | 8h | 230.95 | +0.230% | $13K | $62K | 20x | as long as short |
| Bybit NBISUSDT | +0.0175% | 8h | 230.61 | +0.082% | $4.9M | $6.8M | 50x | as long as short |
| SoDEX NBIS-USD | +0.0209% | 1h | 230.54 | +0.052% | $74 | $20K | 10x | as long as short |
| Arcus NBIS-USD | +0.0257% | 1h | 230.62 | +0.087% | $42K | $124K | 5x | as long as short |
| tradeXYZ xyz:NBISshort | +0.0267% | 1h | 230.43 | +0.004% | $54.1M | $22.0M | 10x | |
| Phoenix NBIS | +0.0277% | 1h | 230.93 | +0.221% | $7K | $127K | 10x | as long as short |
| Lighter NBIS | +0.0296% | 1h | 230.62 | +0.087% | $926K | $4.0M | 10x | as long as short |
| edgeX NBISUSDC | +0.0719% | 4h | 231.07 | +0.283% | $37K | $226K | 10x | as long as short |
| Entropy io:NBIS | +0.0766% | 1h | 230.84 | +0.182% | $10.1M | $3.2M | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0771% | 1h | 230.52 | +0.044% | $22K | $16K | 20x | as long as short |
| GRVT NBIS_USDT_Perp | +0.0822% | 8h | 231.19 | +0.334% | $5K | $114K | 10x | as long as short |
Ondo Perps NBIS-USD.P
QFEX NBIS-USD
BloFin NBIS-USDT
Extended NBIS-USD
Binance NBISUSDT
Coinbase International NBIS-PERP-INTX
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
Nado NBIS-PERP
HTX NBIS-USDT
Bybit NBISUSDT
SoDEX NBIS-USD
Arcus NBIS-USD
Phoenix NBIS
Lighter NBIS
edgeX NBISUSDC
Entropy io:NBIS
Kraken Futures PF_NBISUSD
GRVT NBIS_USDT_Perp