NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0220%/8h= +24.1% APRnext payment +$2.20 per $10,000 · paid last 24h −0.029%

Price spread now: Binance against Gate−0.009%7-day average −0.028% · you buy dearer than you sell

Net, funding: paid 7d − costs−$64as in the Funding arb table

Net, price: spread back to 7d avg − costs−$62as in the Price arb table

costs, in and out, $10k−$640.637% of the position

Long on Gate Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.004%$0 on $10k

Price spread, last 2 days (all we have)−0.082%−$8 · spread now −0.009%, 7d avg −0.028%

Together, before fees−0.086%−$9 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.028%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.004% in total (about -0.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.20 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate NBIS_USDT	234.41	0	get 0.0000% / 8h	6h 23m	$2.8M	$5.0M	50x
Short	Binance NBISUSDT	234.39	0.0220	get 0.0220% / 8h	6h 23m	$19.2M	$84.8M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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 GatebpFee BinancebpOrdersPrice spread, now −0.009%Rate

Funding earned: $46.17
Price spread: −0.009% → −0.028%: $1.96
Slippage, 4 orders: −$38.74
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Binance: 5 bp × 2 orders: −$10
Net: −$15.6
Costs to cover: 0.637%
Break-even: 9.4 days

Slippage from Gate: live order book, 4 min ago; Binance: live order book, 4 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, 4 min ago	3.20 bp	13.5 bp −$13	35.4 bp −$354	63.3 bp −$6,334	doesn't fit
Sell Binance live order book, 4 min ago	0.85 bp	8.3 bp −$8	27.3 bp −$273	80.2 bp −$8,017	doesn't fit

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	234.40	−0.004%	$5.1M	$6.3M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	234.44	+0.013%	$3.4M	$16.4M	25x	as long as short
Gate NBIS_USDTlong	0.0000%	8h	234.41	long leg	$2.8M	$5.0M	50x
Bitget NBISUSDT	0.0000%	8h	234.31	−0.043%	$2.4M	$4.5M	20x	as long as short
GRVT NBIS_USDT_Perp	0.0000%	8h	234.25	−0.070%	$5K	$129K	10x	as long as short
SunX NBIS-USDT	0.0000%	8h	234.37	−0.017%	$1K	$1.7M	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	234.21	−0.085%	$15K	$60K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	234.41	0.000%	$1.6M	$971K	10x	as long as short
QFEX NBIS-USD	+0.0024%	1h	234.38	−0.013%	$1.5M	$4.6M	10x	as long as short
Arcus NBIS-USD	+0.0040%	1h	234.09	−0.137%	$42K	$132K	5x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest NBIS-USD-PERP	+0.0046%	1h	234.50	+0.038%	—	$215K	5x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	234.30	−0.047%	$149K	$453K	10x	as long as short
SoDEX NBIS-USD	+0.0050%	1h	234.40	−0.004%	$52	$20K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	234.22	−0.081%	$164K	$499K	10x	as long as short
tradeXYZ xyz:NBIS	+0.0079%	1h	234.31	−0.043%	$54.8M	$19.9M	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0095%	1h	234.23	−0.076%	$24K	$15K	20x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	234.30	−0.047%	$483K	$21K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	234.32	−0.038%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	234.32	−0.040%	—	—	10x	as long as short
Nado NBIS-PERP	+0.0108%	1h	234.24	−0.071%	$67K	$95K	3x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0112%	1h	233.89	−0.222%	$383K	$714K	10x	as long as short
Deribit NBIS_USDC-PERPETUAL	+0.0134%	1h	234.29	−0.051%	$35K	$48K	10x	as long as short
Variational Omni NBIS	+0.0191%	8h	234.40	−0.006%	$2.8M	$571K	—	as long as short
Aster NBISUSDT	+0.0203%	8h	234.53	+0.050%	$81K	$314K	50x	as long as short
Extended NBIS-USD	+0.0216%	1h	234.33	−0.034%	$150K	$701K	10x	as long as short
Binance NBISUSDTshort	+0.0220%	8h	234.39	−0.009%	$19.2M	$84.8M	25x
Lighter NBIS	+0.0280%	1h	234.42	+0.004%	$905K	$4.4M	10x	as long as short
Phoenix NBIS	+0.0306%	1h	234.32	−0.038%	$7K	$152K	10x	as long as short
Entropy io:NBIS	+0.0429%	1h	234.17	−0.102%	$10.2M	$3.3M	10x	as long as short
edgeX NBISUSDC	+0.0655%	4h	234.22	−0.083%	$38K	$226K	10x	as long as short