Funding you earn now, next payment 06:00 UTC+0.0342%/8h= +37.5% APRpaid last 24h +0.077%
Price spread now: Entropy against Gate−0.267%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$760.757% of the position
Funding, last 7 days+0.496%+$50 on $10k
+Price spread, last 7 days+0.292%+$29 · spread now −0.267%, 7d avg +0.008%
=Funding pays, the price is against you. Entropy is 0.275% cheaper against Gate than usual: you would sell low and buy high (spread −0.267% now, against its 7-day average of +0.008%). If the spread goes back, that is −$28 on $10k: about 2.7 days of funding at the current rate (+$10 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate NBIS_USDT | 231.87 | 0 | get 0.0000% / 8h | 2h 14m | $2.7M | $5.1M | 50x |
| Short | Entropy io:NBIS | 231.25 | 0.0342 | get 0.0043% / 1h | 14m 10s | $10.0M | $3.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Entropy 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
- $71.92
- Price spread: −0.267% → +0.008%
- −$27.54
- Slippage, 4 orders
- −$42.74
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Entropy: 9 bp × 2 orders
- −$18
- Net
- −$31.36
- Costs to cover
- 0.757%
- Break-even
- 10.1 days
Slippage from Gate: live order book, 4 min ago; Entropy: live order book, 3 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 | 4.11 bp | 18.9 bp −$19 | 38.7 bp −$387 | 66.3 bp −$6,627 | doesn't fit |
| Sell Entropy live order book, 3 min ago | 1.29 bp | 25.6 bp −$26 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget NBISUSDT | −0.0527% | 8h | 231.88 | +0.004% | $2.3M | $4.6M | 20x | as long as short |
| BloFin NBIS-USDT | −0.0027% | 8h | 231.41 | −0.198% | $204K | $205K | 20x | as long as short |
| Aster NBISUSDT | 0.0000% | 8h | 231.58 | −0.123% | $84K | $311K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 231.79 | −0.033% | $146K | $753K | 10x | as long as short |
| Binance NBISUSDT | 0.0000% | 8h | 231.93 | +0.026% | $18.6M | $86.9M | 25x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 231.90 | +0.013% | $4.9M | $6.5M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 231.92 | +0.022% | $3.3M | $16.2M | 25x | as long as short |
| Gate NBIS_USDTlong | 0.0000% | 8h | 231.87 | long leg | $2.7M | $5.1M | 50x | |
| Variational Omni NBIS | 0.0000% | 8h | 231.28 | −0.254% | $2.9M | $555K | — | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 231.22 | −0.280% | $5K | $118K | 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 | 231.31 | −0.242% | $999 | $1.6M | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 231.14 | −0.315% | $15K | $61K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 231.96 | +0.039% | $1.6M | $955K | 10x | as long as short |
| QFEX NBIS-USD | +0.0029% | 1h | 231.65 | −0.095% | $1.5M | $3.9M | 10x | as long as short |
| Nado NBIS-PERP | +0.0036% | 1h | 231.62 | −0.109% | $38K | $115K | 3x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 231.23 | −0.276% | $42K | $132K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 231.46 | −0.177% | — | $220K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 231.71 | −0.069% | $137K | $473K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 231.65 | −0.095% | $107 | $20K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 231.56 | −0.134% | $150K | $542K | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 231.52 | −0.151% | $477K | $20K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 231.71 | −0.069% | $2K | $3K | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0101% | 1h | 231.88 | +0.004% | $54.5M | $21.1M | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 231.66 | −0.091% | — | — | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0168% | 1h | 230.62 | −0.539% | $353K | $792K | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0222% | 1h | 231.68 | −0.084% | $23K | $15K | 20x | as long as short |
| Phoenix NBIS | +0.0242% | 1h | 231.41 | −0.198% | $7K | $150K | 10x | as long as short |
| Lighter NBIS | +0.0256% | 1h | 231.87 | 0.000% | $937K | $4.0M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.0268% | 1h | 231.77 | −0.043% | $34K | $49K | 10x | as long as short |
| Entropy io:NBISshort | +0.0342% | 1h | 231.25 | −0.267% | $10.0M | $3.2M | 10x | |
| edgeX NBISUSDC | +0.0733% | 4h | 231.31 | −0.240% | $37K | $227K | 10x | as long as short |
Gate NBIS_USDT
Bitget NBISUSDT
BloFin NBIS-USDT
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Variational Omni NBIS
GRVT NBIS_USDT_Perp
SunX NBIS-USDT
HTX NBIS-USDT
Phemex NBISUSDT
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
KuCoin NBISUSDTM
tradeXYZ xyz:NBIS
Coinbase International NBIS-PERP-INTX
Kraken Futures PF_NBISUSD
Phoenix NBIS
Lighter NBIS
Deribit NBIS_USDC-PERPETUAL
edgeX NBISUSDC