Funding you earn now, next payment 01:00 UTC−0.0505%/8h= −55.3% APRpaid last 24h −0.058%
Price spread now: Aster against Entropy+0.212%7-day average −0.089% · you sell dearer than you buy
Net, funding: paid 7d − costs−$186as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$1331.332% of the position
Funding, last 7 days−0.527%−$53 on $10k
+Price spread, last 4 days (all we have)−0.112%−$11 · spread now +0.212%, 7d avg −0.089%
=Together, before fees−0.639%+ Points / potential airdropAster: Stage 5 · farm board−$64 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.301% dearer against Entropy than usual: you sell high and buy low (spread +0.212% now, against its 7-day average of −0.089%): +$30 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 48 hours. At the pace of the last 7 days (−0.527% in total) that is about 4.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Entropy io:NBIS | 234.88 | 0.0713 | pay 0.0089% / 1h | 57m 20s | $10.3M | $3.4M | 10x |
| Short | Aster NBISUSDT | 235.38 | 0.0208 | get 0.0208% / 8h | 7h 57m | $81K | $308K | 50x |
Entropy io:NBIS
Aster NBISUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Entropy. 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
- −$106.06
- Price spread: +0.212% → −0.089%
- $30.09
- Slippage, 4 orders
- −$107.2
- Fee Entropy: 9 bp × 2 orders
- −$18
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$209.17
- Costs to cover
- 1.332%
- Break-even
- never at this rate
Slippage from Entropy: live order book, 10 min ago; Aster: live order book, 15 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 Entropy live order book, 10 min ago | 1.06 bp | 11.2 bp −$11 | 23.5 bp −$235 | doesn't fit | doesn't fit |
| Sell Aster live order book, 15 min ago | 10.44 bp | 19.5 bp −$20 | 1496.2 bp −$15.0K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NBISUSD | −0.0179% | 1h | 235.01 | +0.057% | $24K | $15K | 20x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 235.36 | +0.204% | $5.2M | $6.5M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 235.49 | +0.260% | $3.4M | $17.1M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 235.20 | +0.136% | $2.8M | $5.1M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 235.33 | +0.192% | $2.5M | $4.7M | 20x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 235.31 | +0.183% | $1K | $1.7M | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 234.49 | −0.166% | $15K | $113K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 235.32 | +0.187% | $1.6M | $974K | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0016% | 1h | 234.10 | −0.332% | $359K | $678K | 10x | as long as short |
| QFEX NBIS-USD | +0.0038% | 1h | 235.21 | +0.140% | $1.5M | $5.2M | 10x | as long as short |
Kraken Futures PF_NBISUSD
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Bitget NBISUSDT
SunX NBIS-USDT
HTX NBIS-USDT
Phemex NBISUSDT
Coinbase International NBIS-PERP-INTX
QFEX NBIS-USDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest NBIS-USD-PERP | +0.0046% | 1h | 235.45 | +0.243% | — | $234K | 5x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 235.03 | +0.064% | $174K | $507K | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 235.02 | +0.060% | $485K | $25K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 235.28 | +0.170% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 235.04 | +0.067% | — | — | 10x | as long as short |
| Variational Omni NBIS | +0.0200% | 8h | 234.45 | −0.182% | $2.9M | $820K | — | as long as short |
| BloFin NBIS-USDT | +0.0204% | 8h | 234.36 | −0.221% | $206K | $213K | 20x | as long as short |
| Aster NBISUSDTshort | +0.0208% | 8h | 235.38 | +0.212% | $81K | $308K | 50x | |
| GRVT NBIS_USDT_Perp | +0.0218% | 8h | 234.52 | −0.153% | $5K | $139K | 10x | as long as short |
| Extended NBIS-USD | +0.0224% | 1h | 235.19 | +0.130% | $138K | $700K | 10x | as long as short |
| Binance NBISUSDT | +0.0228% | 8h | 235.50 | +0.265% | $19.5M | $86.2M | 25x | as long as short |
| edgeX NBISUSDC | +0.0230% | 4h | 234.46 | −0.177% | $38K | $227K | 10x | as long as short |
| Nado NBIS-PERP | +0.0247% | 1h | 235.14 | +0.112% | $28K | $63K | 3x | as long as short |
| Arcus NBIS-USD | +0.0366% | 1h | 234.72 | −0.068% | $44K | $134K | 5x | as long as short |
| Phoenix NBIS | +0.0376% | 1h | 234.94 | +0.026% | $7K | $163K | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.0431% | 1h | 235.18 | +0.128% | $35K | $48K | 10x | as long as short |
| Lighter NBIS | +0.0640% | 1h | 235.31 | +0.183% | $929K | $4.4M | 10x | as long as short |
| Entropy io:NBISlong | +0.0713% | 1h | 234.88 | long leg | $10.3M | $3.4M | 10x | |
| SoDEX NBIS-USD | +0.0892% | 1h | 234.81 | −0.030% | $5 | $20K | 10x | as long as short |
| Polymarket Perps NBIS-USD | +0.1211% | 1h | 234.87 | −0.004% | $136K | $439K | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.1571% | 1h | 234.90 | +0.009% | $54.8M | $23.5M | 10x | as long as short |
Vest NBIS-USD-PERP
Ondo Perps NBIS-USD.P
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
Variational Omni NBIS
BloFin NBIS-USDT
GRVT NBIS_USDT_Perp
Extended NBIS-USD
Binance NBISUSDT
edgeX NBISUSDC
Nado NBIS-PERP
Arcus NBIS-USD
Phoenix NBIS
Deribit NBIS_USDC-PERPETUAL
Lighter NBIS
SoDEX NBIS-USD
Polymarket Perps NBIS-USD
tradeXYZ xyz:NBIS