Funding you earn now, next payment 03:00 UTC−0.0068%/8h= −7.4% APRpaid last 24h +0.005%
Price spread now: Orderly against Extended+0.032%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Orderly is 0.032% dearer against Extended than usual: you sell high and buy low (spread +0.032% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 37 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended NBIS-USD | 234.01 | 0.0168 | pay 0.0021% / 1h | 58m 07s | $147K | $698K | 10x |
| Short | Orderly PERP_NBIS_USDC_mythos | 234.08 | 0.0100 | get 0.0100% / 8h | 5h 58m | $2K | $3K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$14.28
- Price spread: +0.032% → 0.000%
- $3.18
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$22.1
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 5 min ago; Orderly: 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 Extended live order book, 5 min ago | 2.57 bp | 12.8 bp −$13 | 187.8 bp −$1,878 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 30 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 | 234.16 | +0.066% | $5.0M | $6.3M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 234.14 | +0.057% | $3.4M | $16.3M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 234.14 | +0.057% | $2.8M | $5.0M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 234.11 | +0.045% | $2.4M | $4.4M | 20x | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 234.04 | +0.016% | $5K | $128K | 10x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 234.14 | +0.057% | $1K | $1.7M | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 233.74 | −0.113% | $15K | $60K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 234.10 | +0.040% | $1.6M | $969K | 10x | as long as short |
| Nado NBIS-PERP | +0.0018% | 1h | 233.83 | −0.073% | $67K | $95K | 3x | as long as short |
| QFEX NBIS-USD | +0.0023% | 1h | 233.93 | −0.032% | $1.5M | $4.4M | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus NBIS-USD | +0.0040% | 1h | 233.81 | −0.084% | $42K | $132K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 234.05 | +0.019% | — | $215K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 234.04 | +0.015% | $149K | $453K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 234.04 | +0.015% | $164K | $497K | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 234.02 | +0.006% | $482K | $21K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythosshort | +0.0100% | 8h | 234.08 | +0.032% | $2K | $3K | 10x | |
| Aevo NBIS-PERP | +0.0104% | 1h | 234.07 | +0.028% | — | — | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0104% | 1h | 233.53 | −0.203% | $382K | $712K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0123% | 1h | 233.95 | −0.024% | $5 | $20K | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.0135% | 1h | 234.09 | +0.036% | $35K | $48K | 10x | as long as short |
| Variational Omni NBIS | +0.0141% | 8h | 233.95 | −0.022% | $2.8M | $570K | — | as long as short |
| Kraken Futures PF_NBISUSD | +0.0152% | 1h | 234.21 | +0.089% | $23K | $15K | 20x | as long as short |
| Aster NBISUSDT | +0.0154% | 8h | 234.33 | +0.140% | $81K | $307K | 50x | as long as short |
| Binance NBISUSDT | +0.0167% | 8h | 234.06 | +0.023% | $19.1M | $84.7M | 25x | as long as short |
| Extended NBIS-USDlong | +0.0168% | 1h | 234.01 | long leg | $147K | $698K | 10x | |
| Lighter NBIS | +0.0256% | 1h | 234.15 | +0.062% | $904K | $4.3M | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0269% | 1h | 234.00 | −0.002% | $54.6M | $19.9M | 10x | as long as short |
| Phoenix NBIS | +0.0306% | 1h | 234.08 | +0.032% | $7K | $149K | 10x | as long as short |
| edgeX NBISUSDC | +0.0480% | 4h | 233.91 | −0.042% | $38K | $227K | 10x | as long as short |
| Entropy io:NBIS | +0.0557% | 1h | 233.99 | −0.007% | $10.2M | $3.3M | 10x | as long as short |
Extended NBIS-USD
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Bitget NBISUSDT
GRVT NBIS_USDT_Perp
SunX NBIS-USDT
HTX NBIS-USDT
Phemex NBISUSDT
Polymarket Perps NBIS-USD
KuCoin NBISUSDTM
Coinbase International NBIS-PERP-INTX
SoDEX NBIS-USD
Deribit NBIS_USDC-PERPETUAL
Variational Omni NBIS
Kraken Futures PF_NBISUSD
Aster NBISUSDT
Binance NBISUSDT
Lighter NBIS
tradeXYZ xyz:NBIS
Phoenix NBIS
edgeX NBISUSDC