Funding you earn now, next payment 21:00 UTC−0.0538%/8h= −59.0% APRpaid last 24h −0.038%
Price spread now: Coinbase International against edgeX−0.004%7-day average +0.108% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$710.707% of the position
Funding, last 7 days−0.248%−$25 on $10k
+Price spread, last 3 days (all we have)+0.113%+$11 · spread now −0.004%, 7d avg +0.108%
=Together, before fees−0.135%+ Points / potential airdropedgeX: Active · farm board−$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Coinbase International is 0.112% cheaper against edgeX than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.108%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.248% in total (about -12.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX NBISUSDC | 233.00 | 0.0674 | pay 0.0337% / 4h | 2h 03m | $37K | $234K | 10x |
| Short | Coinbase International NBIS-PERP-INTX | 232.99 | 0.0136 | get 0.0017% / 1h | 3m 20s | $355K | $704K | 10x |
edgeX NBISUSDC
Coinbase International NBIS-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- −$113.08
- Price spread: −0.004% → +0.108%
- −$11.2
- Slippage, 4 orders
- −$51.69
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$194.97
- Costs to cover
- 0.707%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 19 min ago; Coinbase International: live order book, 20 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, 19 min ago | 5.57 bp | 14.9 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 20 min ago | 10.50 bp | 15.5 bp −$16 | 22.9 bp −$229 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin NBIS-USDT | −0.0001% | 8h | 233.07 | +0.030% | $205K | $216K | 20x | as long as short |
| Aster NBISUSDT | 0.0000% | 8h | 232.99 | −0.006% | $79K | $304K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 232.91 | −0.038% | $141K | $697K | 10x | as long as short |
| Binance NBISUSDT | 0.0000% | 8h | 232.94 | −0.026% | $19.3M | $87.2M | 25x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 232.94 | −0.026% | $5.1M | $6.7M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 232.85 | −0.064% | $3.4M | $17.0M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 232.88 | −0.052% | $2.8M | $5.3M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 232.95 | −0.021% | $2.5M | $4.8M | 20x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 232.99 | −0.002% | $2.8M | $945K | — | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 232.95 | −0.021% | $461 | $1.8M | 10x | as long as short |
BloFin NBIS-USDT
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Bitget NBISUSDT
Variational Omni NBIS
SunX NBIS-USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX NBIS-USDT | 0.0000% | 8h | 232.91 | −0.039% | $15K | $115K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 232.95 | −0.021% | $1.6M | $966K | 10x | as long as short |
| GRVT NBIS_USDT_Perp | +0.0007% | 8h | 232.99 | −0.002% | $5K | $147K | 10x | as long as short |
| QFEX NBIS-USD | +0.0033% | 1h | 232.90 | −0.043% | $1.5M | $5.1M | 10x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 232.92 | −0.034% | $43K | $134K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 233.04 | +0.017% | — | $234K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 232.62 | −0.163% | $139K | $637K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 232.84 | −0.069% | $51 | $20K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 232.88 | −0.052% | $180K | $513K | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0057% | 1h | 232.82 | −0.078% | $24K | $13K | 20x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 232.85 | −0.064% | $480K | $25K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 232.95 | −0.021% | $2K | $4K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 232.92 | −0.036% | — | — | 10x | as long as short |
| Lighter NBIS | +0.0120% | 1h | 232.90 | −0.043% | $932K | $4.6M | 10x | as long as short |
| Coinbase International NBIS-PERP-INTXshort | +0.0136% | 1h | 232.99 | −0.004% | $355K | $704K | 10x | |
| Entropy io:NBIS | +0.0194% | 1h | 232.86 | −0.060% | $10.2M | $3.3M | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0198% | 1h | 232.96 | −0.017% | $54.4M | $23.5M | 10x | as long as short |
| Nado NBIS-PERP | +0.0202% | 1h | 232.68 | −0.139% | $28K | $65K | 3x | as long as short |
| Phoenix NBIS | +0.0276% | 1h | 233.08 | +0.034% | $7K | $185K | 10x | as long as short |
| edgeX NBISUSDClong | +0.0674% | 4h | 233.00 | long leg | $37K | $234K | 10x | |
| Deribit NBIS_USDC-PERPETUAL | +0.0738% | 1h | 232.95 | −0.021% | $35K | $67K | 10x | as long as short |
HTX NBIS-USDT
Phemex NBISUSDT
GRVT NBIS_USDT_Perp
QFEX NBIS-USD
Arcus NBIS-USD
Vest NBIS-USD-PERP
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
Ondo Perps NBIS-USD.P
Kraken Futures PF_NBISUSD
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
Lighter NBIS
Entropy io:NBIS
tradeXYZ xyz:NBIS
Nado NBIS-PERP
Phoenix NBIS
Deribit NBIS_USDC-PERPETUAL