Funding you earn now, next payment 08:00 UTC+0.0040%/8h= +4.4% APRnext payment +$0.40 per $10,000 · paid last 24h −0.030%
Price spread now: BloFin against Gate0.000%93s7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$530.528% of the position
Funding, last 7 days−0.013%−$1 on $10k
+Price spread, last 4 days (all we have)−0.089%−$9 · spread now 0.000%, 7d avg −0.009%
=The price spread sits at its 7-day average of −0.009%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate NBIS_USDT | 235.39 | 0 | get 0.0000% / 8h | 4h 23m | $2.8M | $5.0M | 50x |
| Short | BloFin NBIS-USDT | 235.39 | 0.0040 | get 0.0040% / 8h | 4h 23m | $208K | $205K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $8.41
- Price spread: 0.000% → −0.009%
- $0.9
- Slippage, 4 orders
- −$25.76
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$43.45
- Costs to cover
- 0.528%
- Break-even
- 43.2 days
Slippage from Gate: live order book, 5 min ago; BloFin: live order book, 7 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, 5 min ago | 2.55 bp | 17.6 bp −$18 | 26.0 bp −$260 | 51.7 bp −$5,167 | doesn't fit |
| Sell BloFin live order book, 7 min ago | 0.85 bp | 8.8 bp −$9 | 20.9 bp −$209 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado NBIS-PERP | −0.0113% | 1h | 235.34 | −0.021% | $38K | $115K | 3x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 235.52 | +0.055% | $5.0M | $6.2M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 235.31 | −0.034% | $3.4M | $16.2M | 25x | as long as short |
| Gate NBIS_USDTlong | 0.0000% | 8h | 235.39 | long leg | $2.8M | $5.0M | 50x | |
| Bitget NBISUSDT | 0.0000% | 8h | 235.40 | +0.004% | $2.4M | $4.4M | 20x | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 235.61 | +0.093% | $5K | $120K | 10x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 235.36 | −0.013% | $1K | $1.7M | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 235.47 | +0.034% | $15K | $60K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 235.52 | +0.055% | $1.6M | $956K | 10x | as long as short |
| Variational Omni NBIS | +0.0005% | 8h | 235.42 | +0.013% | $2.9M | $562K | — | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX NBIS-USD | +0.0038% | 1h | 235.35 | −0.017% | $1.5M | $4.3M | 10x | as long as short |
| BloFin NBIS-USDTshort | +0.0040% | 8h | 235.39 | 0.000% | $208K | $205K | 20x | |
| Arcus NBIS-USD | +0.0040% | 1h | 235.28 | −0.047% | $43K | $132K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 235.71 | +0.136% | — | $216K | 5x | as long as short |
| Aster NBISUSDT | +0.0048% | 8h | 235.35 | −0.016% | $79K | $310K | 50x | as long as short |
| tradeXYZ xyz:NBIS | +0.0050% | 1h | 235.35 | −0.017% | $54.9M | $19.8M | 10x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 235.38 | −0.004% | $149K | $453K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 235.33 | −0.025% | $28 | $21K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 235.49 | +0.042% | $161K | $503K | 10x | as long as short |
| Binance NBISUSDT | +0.0052% | 8h | 235.44 | +0.022% | $19.4M | $84.6M | 25x | as long as short |
| Extended NBIS-USD | +0.0056% | 1h | 235.38 | −0.005% | $150K | $705K | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0056% | 1h | 235.35 | −0.017% | $389K | $723K | 10x | as long as short |
| Lighter NBIS | +0.0072% | 1h | 235.32 | −0.030% | $901K | $4.1M | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 235.12 | −0.115% | $484K | $21K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 235.31 | −0.034% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 235.28 | −0.046% | — | — | 10x | as long as short |
| edgeX NBISUSDC | +0.0162% | 4h | 235.39 | 0.000% | $38K | $226K | 10x | as long as short |
| Phoenix NBIS | +0.0272% | 1h | 235.56 | +0.072% | $7K | $150K | 10x | as long as short |
| Entropy io:NBIS | +0.0386% | 1h | 235.37 | −0.008% | $10.2M | $3.2M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.0473% | 1h | 235.31 | −0.034% | $35K | $48K | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0477% | 1h | 235.41 | +0.007% | $24K | $15K | 20x | as long as short |
Gate NBIS_USDT
BloFin NBIS-USDT
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Bitget NBISUSDT
GRVT NBIS_USDT_Perp
SunX NBIS-USDT
HTX NBIS-USDT
Phemex NBISUSDT
Variational Omni NBIS
Aster NBISUSDT
tradeXYZ xyz:NBIS
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
Binance NBISUSDT
Extended NBIS-USD
Coinbase International NBIS-PERP-INTX
Lighter NBIS
KuCoin NBISUSDTM
edgeX NBISUSDC
Phoenix NBIS
Deribit NBIS_USDC-PERPETUAL
Kraken Futures PF_NBISUSD