Funding you earn now, next payment 22:00 UTC+0.0558%/8h= +61.1% APRnext payment +$0.70 per $10,000 · paid last 24h −0.095%
Price spread now: Deribit against Entropy−0.009%7-day average — · you buy dearer than you sell
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
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$17 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Entropy io:NBIS | 232.90 | 0.0180 | pay 0.0023% / 1h | 5m 41s | $10.2M | $3.3M | 10x |
| Short | Deribit NBIS_USDC-PERPETUAL | 232.88 | 0.0739 | get 0.0092% / 1h | 5m 41s | $35K | $67K | 10x |
Entropy io:NBIS
Deribit NBIS_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $117.24
- Price spread: −0.009% → 0.000%
- −$0.86
- Slippage, 4 orders
- no order book: not counted
- Fee Entropy: 9 bp × 2 orders
- −$18
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $91.38
- Costs to cover
- 0.250%
- Break-even
- 1.5 days
Slippage unknown: Entropy: live order book, 9 min ago; Deribit: 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 Entropy live order book, 9 min ago | 0.43 bp | 10.9 bp −$11 | 27.8 bp −$278 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NBISUSDT | 0.0000% | 8h | 232.92 | +0.010% | $79K | $304K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 232.94 | +0.018% | $141K | $697K | 10x | as long as short |
| Binance NBISUSDT | 0.0000% | 8h | 233.00 | +0.042% | $19.3M | $87.2M | 25x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 232.90 | 0.000% | $5.1M | $6.7M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 233.00 | +0.043% | $3.4M | $17.0M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 232.88 | −0.009% | $2.8M | $5.3M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 232.94 | +0.017% | $2.5M | $4.8M | 20x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 233.30 | +0.171% | $2.8M | $945K | — | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 232.97 | +0.030% | $457 | $1.8M | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 233.40 | +0.215% | $15K | $115K | 20x | as long as short |
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Bitget NBISUSDT
Variational Omni NBIS
SunX NBIS-USDT
HTX NBIS-USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex NBISUSDT | 0.0000% | 8h | 233.03 | +0.056% | $1.6M | $966K | 10x | as long as short |
| GRVT NBIS_USDT_Perp | +0.0002% | 8h | 233.27 | +0.159% | $5K | $147K | 10x | as long as short |
| BloFin NBIS-USDT | +0.0008% | 8h | 233.07 | +0.073% | $205K | $216K | 20x | as long as short |
| QFEX NBIS-USD | +0.0033% | 1h | 232.86 | −0.017% | $1.5M | $5.1M | 10x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 232.88 | −0.009% | $43K | $134K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 233.11 | +0.090% | — | $234K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 232.50 | −0.172% | $137K | $635K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 232.86 | −0.017% | $56 | $20K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 233.21 | +0.133% | $180K | $514K | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0057% | 1h | 232.83 | −0.032% | $24K | $13K | 20x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 232.75 | −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 |
| Lighter NBIS | +0.0104% | 1h | 232.77 | −0.056% | $933K | $4.6M | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 232.92 | +0.006% | — | — | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0136% | 1h | 232.99 | +0.039% | $355K | $704K | 10x | as long as short |
| Entropy io:NBISlong | +0.0180% | 1h | 232.90 | long leg | $10.2M | $3.3M | 10x | |
| tradeXYZ xyz:NBIS | +0.0182% | 1h | 232.83 | −0.030% | $54.3M | $23.5M | 10x | as long as short |
| Nado NBIS-PERP | +0.0185% | 1h | 232.61 | −0.127% | $28K | $65K | 3x | as long as short |
| Phoenix NBIS | +0.0276% | 1h | 233.43 | +0.228% | $7K | $185K | 10x | as long as short |
| edgeX NBISUSDC | +0.0596% | 4h | 233.24 | +0.144% | $37K | $234K | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUALshort | +0.0739% | 1h | 232.88 | −0.009% | $35K | $67K | 10x |
Phemex NBISUSDT
GRVT NBIS_USDT_Perp
BloFin NBIS-USDT
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
Lighter NBIS
Aevo NBIS-PERP
Coinbase International NBIS-PERP-INTX
tradeXYZ xyz:NBIS
Nado NBIS-PERP
Phoenix NBIS
edgeX NBISUSDC