Funding you earn now, next payment 04:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.13 per $10,000 · paid last 24h +0.058%
Price spread now: Coinbase International against Extended+0.033%7-day average +0.131% · you sell dearer than you buy
Net, funding: paid 7d − costs+$2as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$400.395% of the position
Funding, last 7 days+0.419%+$42 on $10k
+Price spread, last 4 days (all we have)+0.070%+$7 · spread now +0.033%, 7d avg +0.131%
=Together, before fees+0.490%+ Points / potential airdropExtended: Active · farm board+$49 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 0.097% cheaper against Extended than usual: you would sell low and buy high (spread +0.033% now, against its 7-day average of +0.131%). If the spread goes back, that is −$10 on $10k: about 3.1 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended NBIS-USD | 234.12 | 0 | get 0.0000% / 1h | 27m 27s | $147K | $699K | 10x |
| Short | Coinbase International NBIS-PERP-INTX | 234.20 | 0.0104 | get 0.0013% / 1h | 27m 27s | $375K | $736K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Extended. 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
- $21.84
- Price spread: +0.033% → +0.131%
- −$9.73
- Slippage, 4 orders
- −$24.53
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$27.42
- Costs to cover
- 0.395%
- Break-even
- 15.8 days
Slippage from Extended: live order book, 25 min ago; Coinbase International: live order book, 26 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 Extended live order book, 25 min ago | 1.49 bp | 11.5 bp −$11 | 173.5 bp −$1,735 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 26 min ago | 2.99 bp | 8.0 bp −$8 | 16.8 bp −$168 | 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 | −0.0014% | 8h | 234.12 | −0.001% | $206K | $206K | 20x | as long as short |
| Aster NBISUSDT | 0.0000% | 8h | 234.29 | +0.070% | $79K | $310K | 50x | as long as short |
| Extended NBIS-USDlong | 0.0000% | 1h | 234.12 | long leg | $147K | $699K | 10x | |
| Binance NBISUSDT | 0.0000% | 8h | 234.06 | −0.027% | $19.2M | $84.8M | 25x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 234.15 | +0.012% | $5.0M | $6.3M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 233.97 | −0.065% | $3.4M | $16.2M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 234.14 | +0.008% | $2.7M | $5.0M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 234.15 | +0.012% | $2.4M | $4.4M | 20x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 234.33 | +0.088% | $2.9M | $555K | — | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 234.17 | +0.019% | $4K | $119K | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX NBIS-USDT | 0.0000% | 8h | 234.25 | +0.055% | $998 | $1.6M | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 234.38 | +0.110% | $15K | $60K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 234.29 | +0.072% | $1.6M | $954K | 10x | as long as short |
| QFEX NBIS-USD | +0.0034% | 1h | 234.19 | +0.029% | $1.5M | $4.0M | 10x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 234.00 | −0.052% | $42K | $132K | 5x | as long as short |
| Nado NBIS-PERP | +0.0040% | 1h | 234.09 | −0.015% | $38K | $115K | 3x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 234.33 | +0.089% | — | $216K | 5x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0048% | 1h | 234.24 | +0.051% | $23K | $15K | 20x | as long as short |
| tradeXYZ xyz:NBIS | +0.0050% | 1h | 233.93 | −0.082% | $54.5M | $20.1M | 10x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 234.01 | −0.048% | $147K | $456K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 234.26 | +0.059% | $84 | $21K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 234.15 | +0.012% | $160K | $502K | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 234.11 | −0.005% | $482K | $20K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 234.04 | −0.035% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 233.99 | −0.057% | — | — | 10x | as long as short |
| Coinbase International NBIS-PERP-INTXshort | +0.0104% | 1h | 234.20 | +0.033% | $375K | $736K | 10x | |
| Phoenix NBIS | +0.0239% | 1h | 234.06 | −0.027% | $7K | $150K | 10x | as long as short |
| Lighter NBIS | +0.0256% | 1h | 234.19 | +0.029% | $928K | $3.9M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.0306% | 1h | 234.12 | −0.001% | $35K | $49K | 10x | as long as short |
| Entropy io:NBIS | +0.0371% | 1h | 234.13 | +0.003% | $10.2M | $3.2M | 10x | as long as short |
| edgeX NBISUSDC | +0.0493% | 4h | 234.15 | +0.012% | $38K | $225K | 10x | as long as short |
Extended NBIS-USD
Coinbase International NBIS-PERP-INTX
BloFin NBIS-USDT
Aster NBISUSDT
Binance NBISUSDT
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Bitget NBISUSDT
Variational Omni NBIS
GRVT NBIS_USDT_Perp
SunX NBIS-USDT
HTX NBIS-USDT
Phemex NBISUSDT
Kraken Futures PF_NBISUSD
tradeXYZ xyz:NBIS
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
KuCoin NBISUSDTM
Phoenix NBIS
Lighter NBIS
Deribit NBIS_USDC-PERPETUAL
edgeX NBISUSDC