NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0235%/8h= −25.7% APRnext payment −$0.29 per $10,000 · paid last 24h −0.073%

Price spread now: tradeXYZ against Entropy−0.056%7-day average −0.062% · 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−$62as in the Price arb table

costs, in and out, $10k−$630.629% of the position

Long on Entropy Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days−0.316%−$32 on $10k

Price spread, last 7 days−0.045%−$4 · spread now −0.056%, 7d avg −0.062%

Together, before fees−0.361%+ Points / potential airdroptradeXYZ: Active · farm board−$36 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.062%, so right now this pair is about funding alone: −$7 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	230.60	0.0372	pay 0.0046% / 1h	40m 32s	$10.0M	$3.1M	10x
Short	tradeXYZ xyz:NBIS	230.47	0.0137	get 0.0017% / 1h	40m 32s	$54.2M	$21.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.056%Rate

Funding earned: −$49.35
Price spread: −0.056% → −0.062%: $0.59
Slippage, 4 orders: −$26.88
Fee Entropy: 9 bp × 2 orders: −$18
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$111.64
Costs to cover: 0.629%
Break-even: never at this rate

Slippage from Entropy: live order book, 6 min ago; tradeXYZ: live order book, 9 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, 6 min ago	1.51 bp	17.4 bp −$17	doesn't fit	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 9 min ago	0.22 bp	11.1 bp −$11	doesn't fit	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
Bitget NBISUSDT	−0.0493%	8h	230.68	+0.035%	$2.3M	$4.6M	20x	as long as short
Aster NBISUSDT	0.0000%	8h	230.55	−0.021%	$84K	$311K	50x	as long as short
Extended NBIS-USD	0.0000%	1h	230.65	+0.021%	$144K	$670K	10x	as long as short
Binance NBISUSDT	0.0000%	8h	230.55	−0.022%	$18.5M	$87.3M	25x	as long as short
Bybit NBISUSDT	0.0000%	8h	230.57	−0.013%	$4.9M	$6.6M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	230.51	−0.039%	$3.3M	$16.2M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	230.56	−0.017%	$2.7M	$5.1M	50x	as long as short
Variational Omni NBIS	0.0000%	8h	230.48	−0.052%	$2.8M	$602K	—	as long as short
GRVT NBIS_USDT_Perp	0.0000%	8h	230.38	−0.097%	$5K	$116K	10x	as long as short
SunX NBIS-USDT	0.0000%	8h	230.52	−0.035%	$1K	$1.6M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX NBIS-USDT	0.0000%	8h	230.50	−0.043%	$15K	$57K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	230.51	−0.039%	$1.6M	$963K	10x	as long as short
BloFin NBIS-USDT	+0.0014%	8h	230.45	−0.065%	$204K	$205K	20x	as long as short
Arcus NBIS-USD	+0.0040%	1h	230.49	−0.048%	$42K	$132K	5x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	230.44	−0.069%	—	$221K	5x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	230.48	−0.052%	$137K	$473K	10x	as long as short
SoDEX NBIS-USD	+0.0050%	1h	230.33	−0.117%	$88	$20K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	230.31	−0.126%	$152K	$547K	10x	as long as short
QFEX NBIS-USD	+0.0056%	1h	230.58	−0.009%	$1.5M	$3.9M	10x	as long as short
Nado NBIS-PERP	+0.0075%	1h	230.49	−0.047%	$37K	$115K	3x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	230.40	−0.087%	$475K	$20K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	230.44	−0.069%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	230.36	−0.104%	—	—	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0120%	1h	230.47	−0.056%	$351K	$812K	10x	as long as short
tradeXYZ xyz:NBISshort	+0.0137%	1h	230.47	−0.056%	$54.2M	$21.0M	10x
Lighter NBIS	+0.0216%	1h	230.51	−0.039%	$946K	$4.0M	10x	as long as short
Phoenix NBIS	+0.0311%	1h	230.47	−0.056%	$7K	$150K	10x	as long as short
Entropy io:NBISlong	+0.0372%	1h	230.60	long leg	$10.0M	$3.1M	10x
edgeX NBISUSDC	+0.0470%	4h	230.86	+0.114%	$37K	$228K	10x	as long as short
Deribit NBIS_USDC-PERPETUAL	+0.0488%	1h	230.42	−0.078%	$34K	$49K	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0686%	1h	230.48	−0.052%	$23K	$15K	20x	as long as short