NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0321%/8h= −35.2% APRnext payment −$0.40 per $10,000 · paid last 24h −0.042%

Price spread now: Kraken Futures against Entropy+0.006%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Entropy Short on Kraken Futures

What this pair did over the last

the charts below follow

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: −$10 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	234.62	0.0473	pay 0.0059% / 1h	30m 49s	$10.2M	$3.3M	10x
Short	Kraken Futures PF_NBISUSD	234.63	0.0152	get 0.0019% / 1h	30m 49s	$24K	$15K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Entropy. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee EntropybpFee Kraken FuturesbpOrdersPrice spread, now +0.006%Rate

Funding earned: −$67.43
Price spread: +0.006% → 0.000%: $0.59
Slippage, 4 orders: no order book: not counted
Fee Entropy: 9 bp × 2 orders: −$18
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$94.84
Costs to cover: 0.280%
Break-even: never at this rate

Slippage unknown: Entropy: live order book, 4 min ago; Kraken Futures: 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, 4 min ago	1.70 bp	18.0 bp −$18	doesn't fit	doesn't fit	doesn't fit
Sell Kraken Futures no order-book sample	—	—	—	—	—

Kraken Futures: 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
Bybit NBISUSDT	0.0000%	8h	234.96	+0.145%	$5.1M	$6.2M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	234.84	+0.094%	$3.4M	$16.2M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	234.86	+0.102%	$2.8M	$5.0M	50x	as long as short
Bitget NBISUSDT	0.0000%	8h	234.85	+0.098%	$2.4M	$4.4M	20x	as long as short
GRVT NBIS_USDT_Perp	0.0000%	8h	234.67	+0.022%	$4K	$127K	10x	as long as short
SunX NBIS-USDT	0.0000%	8h	234.77	+0.064%	$972	$1.7M	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	234.72	+0.043%	$15K	$60K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	234.81	+0.081%	$1.6M	$963K	10x	as long as short
Nado NBIS-PERP	+0.0002%	1h	234.66	+0.016%	$65K	$98K	3x	as long as short
QFEX NBIS-USD	+0.0023%	1h	234.72	+0.043%	$1.5M	$4.3M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus NBIS-USD	+0.0040%	1h	234.50	−0.051%	$43K	$132K	5x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	234.98	+0.153%	—	$215K	5x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	234.70	+0.034%	$149K	$453K	10x	as long as short
SoDEX NBIS-USD	+0.0050%	1h	234.77	+0.064%	$33	$20K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	234.52	−0.043%	$164K	$499K	10x	as long as short
tradeXYZ xyz:NBIS	+0.0074%	1h	234.76	+0.060%	$55.0M	$19.7M	10x	as long as short
Deribit NBIS_USDC-PERPETUAL	+0.0091%	1h	234.69	+0.030%	$35K	$48K	10x	as long as short
Variational Omni NBIS	+0.0095%	8h	234.77	+0.063%	$2.9M	$569K	—	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	234.59	−0.013%	$483K	$21K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	234.81	+0.081%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	234.77	+0.065%	—	—	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0104%	1h	233.53	−0.465%	$382K	$712K	10x	as long as short
Aster NBISUSDT	+0.0126%	8h	234.77	+0.063%	$81K	$307K	50x	as long as short
Binance NBISUSDT	+0.0134%	8h	234.86	+0.102%	$19.1M	$84.5M	25x	as long as short
Extended NBIS-USD	+0.0136%	1h	234.86	+0.104%	$146K	$702K	10x	as long as short
Kraken Futures PF_NBISUSDshort	+0.0152%	1h	234.63	+0.006%	$24K	$15K	20x
BloFin NBIS-USDT	+0.0162%	8h	234.84	+0.094%	$207K	$204K	20x	as long as short
Lighter NBIS	+0.0272%	1h	234.79	+0.072%	$907K	$4.3M	10x	as long as short
Phoenix NBIS	+0.0308%	1h	234.70	+0.034%	$7K	$150K	10x	as long as short
edgeX NBISUSDC	+0.0334%	4h	234.66	+0.017%	$38K	$227K	10x	as long as short
Entropy io:NBISlong	+0.0473%	1h	234.62	long leg	$10.2M	$3.3M	10x