Funding you earn now, next payment 04:00 UTC−0.0400%/8h= −43.8% APRpaid last 24h −0.128%
Price spread now: Binance against edgeX−0.068%60s7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$520.515% of the position
Funding, last 7 days−0.692%−$69 on $10k
+Price spread, last 4 days (all we have)+0.041%+$4 · spread now −0.068%, 7d avg −0.014%
=Together, before fees−0.651%+ Points / potential airdropedgeX: Active · farm board−$65 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Binance is 0.053% cheaper against edgeX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.014%). Swap the legs. The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX NBISUSDC | 235.54 | 0.0453 | pay 0.0226% / 4h | 24m 35s | $38K | $225K | 10x |
| Short | Binance NBISUSDT | 235.38 | 0.0053 | get 0.0053% / 8h | 4h 24m | $19.4M | $84.5M | 25x |
edgeX NBISUSDC
Binance NBISUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against edgeX. 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
- −$83.96
- Price spread: −0.068% → −0.014%
- −$5.35
- Slippage, 4 orders
- −$32.52
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$140.82
- Costs to cover
- 0.515%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 32 min ago; Binance: live order book, 3 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 edgeX live order book, 32 min ago | 6.15 bp | 18.0 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 0.85 bp | 9.5 bp −$9 | 28.6 bp −$286 | 101.1 bp −$10.1K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado NBIS-PERP | −0.0121% | 1h | 235.18 | −0.152% | $38K | $115K | 3x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 235.45 | −0.038% | $5.0M | $6.2M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 235.44 | −0.042% | $3.4M | $16.2M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 235.39 | −0.064% | $2.8M | $5.0M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 235.39 | −0.064% | $2.4M | $4.4M | 20x | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 235.61 | +0.030% | $5K | $120K | 10x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 235.36 | −0.076% | $1K | $1.7M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | 0.0000% | 1h | 235.36 | −0.076% | $35K | $48K | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 235.47 | −0.030% | $15K | $60K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 235.40 | −0.059% | $1.6M | $957K | 10x | as long as short |
Nado NBIS-PERP
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Bitget NBISUSDT
GRVT NBIS_USDT_Perp
SunX NBIS-USDT
Deribit NBIS_USDC-PERPETUAL
HTX NBIS-USDT
Phemex NBISUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni NBIS | +0.0005% | 8h | 235.42 | −0.050% | $2.9M | $562K | — | as long as short |
| QFEX NBIS-USD | +0.0038% | 1h | 235.37 | −0.072% | $1.5M | $4.3M | 10x | as long as short |
| BloFin NBIS-USDT | +0.0040% | 8h | 235.39 | −0.064% | $208K | $205K | 20x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 235.30 | −0.102% | $43K | $132K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 235.65 | +0.047% | — | $216K | 5x | as long as short |
| Aster NBISUSDT | +0.0050% | 8h | 235.35 | −0.079% | $79K | $310K | 50x | as long as short |
| tradeXYZ xyz:NBIS | +0.0050% | 1h | 235.16 | −0.161% | $54.8M | $19.8M | 10x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 235.28 | −0.110% | $149K | $453K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 235.34 | −0.085% | $28 | $21K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 235.49 | −0.021% | $161K | $503K | 10x | as long as short |
| Binance NBISUSDTshort | +0.0053% | 8h | 235.38 | −0.068% | $19.4M | $84.5M | 25x | |
| Extended NBIS-USD | +0.0056% | 1h | 235.30 | −0.102% | $150K | $705K | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0056% | 1h | 235.35 | −0.081% | $389K | $723K | 10x | as long as short |
| Lighter NBIS | +0.0064% | 1h | 235.27 | −0.114% | $901K | $4.1M | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 235.07 | −0.199% | $484K | $21K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 235.35 | −0.081% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 235.34 | −0.085% | — | — | 10x | as long as short |
| Phoenix NBIS | +0.0272% | 1h | 235.56 | +0.009% | $7K | $150K | 10x | as long as short |
| Entropy io:NBIS | +0.0378% | 1h | 235.37 | −0.072% | $10.2M | $3.2M | 10x | as long as short |
| edgeX NBISUSDClong | +0.0453% | 4h | 235.54 | long leg | $38K | $225K | 10x | |
| Kraken Futures PF_NBISUSD | +0.0477% | 1h | 235.31 | −0.096% | $24K | $15K | 20x | as long as short |
Variational Omni NBIS
QFEX NBIS-USD
BloFin NBIS-USDT
Arcus NBIS-USD
Vest NBIS-USD-PERP
Aster NBISUSDT
tradeXYZ xyz:NBIS
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
Ondo Perps NBIS-USD.P
Extended NBIS-USD
Coinbase International NBIS-PERP-INTX
Lighter NBIS
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
Phoenix NBIS
Entropy io:NBIS
Kraken Futures PF_NBISUSD