Funding you earn now, next payment 05:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h −0.025%
Price spread now: Arcus against Gate+0.047%7-day average −0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$530.528% of the position
Funding, last 4 days (all we have)+0.145%+$14 on $10k
+Price spread, last 4 days (all we have)−0.115%−$11 · spread now +0.047%, 7d avg −0.037%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Arcus is 0.084% dearer against Gate than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.037%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate NBIS_USDT | 231.85 | 0 | get 0.0000% / 8h | 3h 01m | $2.7M | $5.1M | 50x |
| Short | Arcus NBIS-USD | 231.96 | 0.0040 | get 0.0005% / 1h | 1m 25s | $42K | $132K | 5x |
Gate NBIS_USDT
Arcus NBIS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Gate. 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
- $8.46
- Price spread: +0.047% → −0.037%
- $8.43
- Slippage, 4 orders
- −$33.3
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$35.91
- Costs to cover
- 0.528%
- Break-even
- 36.7 days
Slippage from Gate: live order book, 2 min ago; Arcus: live order book, 52 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 Gate live order book, 2 min ago | 2.80 bp | 15.9 bp −$16 | 32.0 bp −$320 | 56.1 bp −$5,614 | doesn't fit |
| Sell Arcus live order book, 52 min ago | 3.41 bp | 8.9 bp −$9 | 15.7 bp −$157 | 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 | −0.0004% | 8h | 231.97 | +0.052% | $205K | $205K | 20x | as long as short |
| Aster NBISUSDT | 0.0000% | 8h | 232.17 | +0.137% | $78K | $309K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 231.74 | −0.049% | $145K | $726K | 10x | as long as short |
| Binance NBISUSDT | 0.0000% | 8h | 231.81 | −0.018% | $18.8M | $85.6M | 25x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 231.82 | −0.013% | $4.9M | $6.4M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 231.81 | −0.017% | $3.3M | $16.1M | 25x | as long as short |
| Gate NBIS_USDTlong | 0.0000% | 8h | 231.85 | long leg | $2.7M | $5.1M | 50x | |
| Bitget NBISUSDT | 0.0000% | 8h | 231.80 | −0.022% | $2.3M | $4.5M | 20x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 232.62 | +0.334% | $2.9M | $552K | — | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 232.41 | +0.239% | $5K | $118K | 10x | as long as short |
BloFin NBIS-USDT
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Bitget NBISUSDT
Variational Omni NBIS
GRVT NBIS_USDT_PerpShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX NBIS-USDT | 0.0000% | 8h | 231.92 | +0.030% | $965 | $1.6M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | 0.0000% | 1h | 231.75 | −0.043% | $34K | $49K | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 232.34 | +0.211% | $15K | $60K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 231.89 | +0.017% | $1.6M | $956K | 10x | as long as short |
| Nado NBIS-PERP | +0.0004% | 1h | 231.75 | −0.043% | $38K | $115K | 3x | as long as short |
| QFEX NBIS-USD | +0.0034% | 1h | 231.82 | −0.013% | $1.5M | $4.0M | 10x | as long as short |
| Arcus NBIS-USDshort | +0.0040% | 1h | 231.96 | +0.047% | $42K | $132K | 5x | |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 231.93 | +0.035% | — | $217K | 5x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0049% | 1h | 231.86 | +0.003% | $23K | $15K | 20x | as long as short |
| tradeXYZ xyz:NBIS | +0.0050% | 1h | 231.72 | −0.056% | $54.0M | $20.2M | 10x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 231.72 | −0.056% | $142K | $459K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 231.84 | −0.004% | $107 | $21K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 232.20 | +0.151% | $159K | $508K | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 231.78 | −0.030% | $478K | $20K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 231.82 | −0.013% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 231.75 | −0.041% | — | — | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0104% | 1h | 232.30 | +0.194% | $361K | $771K | 10x | as long as short |
| Lighter NBIS | +0.0184% | 1h | 231.86 | +0.004% | $916K | $4.0M | 10x | as long as short |
| Phoenix NBIS | +0.0239% | 1h | 232.36 | +0.220% | $7K | $150K | 10x | as long as short |
| Entropy io:NBIS | +0.0293% | 1h | 232.03 | +0.078% | $10.1M | $3.2M | 10x | as long as short |
| edgeX NBISUSDC | +0.0417% | 4h | 232.07 | +0.093% | $37K | $227K | 10x | as long as short |
SunX NBIS-USDT
Deribit NBIS_USDC-PERPETUAL
HTX NBIS-USDT
Phemex NBISUSDT
Nado NBIS-PERP
QFEX NBIS-USD
Vest NBIS-USD-PERP
Kraken Futures PF_NBISUSD
tradeXYZ xyz:NBIS
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
Ondo Perps NBIS-USD.P
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
Coinbase International NBIS-PERP-INTX
Lighter NBIS
Phoenix NBIS
Entropy io:NBIS
edgeX NBISUSDC