Funding you earn now, next payment 01:00 UTC+0.0398%/8h= +43.6% APRpaid last 24h +0.021%
Price spread now: tradeXYZ against Gate−0.085%7-day average −0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$890.888% of the position
Funding, last 7 days+0.178%+$18 on $10k
+Price spread, last 7 days0.000%$0 · spread now −0.085%, 7d avg −0.056%
=Together, before fees+0.178%+ Points / potential airdroptradeXYZ: Active · farm board+$18 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.029% cheaper against Gate than usual: you would sell low and buy high (spread −0.085% now, against its 7-day average of −0.056%). If the spread goes back, that is −$3 on $10k: about 6 hours of funding at the current rate (+$12 a day). At the pace of the last 7 days (+0.178% in total) that is about 28 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.178% in total (about 9.3% a year). A funding rate is set anew for every payment. 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 | 235.85 | 0.0028 | pay 0.0028% / 8h | 7h 24m | $2.8M | $5.1M | 50x |
| Short | tradeXYZ xyz:NBIS | 235.65 | 0.0426 | get 0.0053% / 1h | 24m 41s | $55.1M | $23.6M | 10x |
Gate NBIS_USDT
tradeXYZ xyz:NBISFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $83.58
- Price spread: −0.085% → −0.056%
- −$2.91
- Slippage, 4 orders
- −$55.77
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$8.1
- Costs to cover
- 0.888%
- Break-even
- 7.7 days
Slippage from Gate: live order book, 3 min ago; tradeXYZ: live order book, 5 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, 3 min ago | 4.02 bp | 17.8 bp −$18 | 35.4 bp −$354 | 62.2 bp −$6,220 | doesn't fit |
| Sell tradeXYZ live order book, 5 min ago | 0.85 bp | 11.6 bp −$12 | 14.7 bp −$147 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NBISUSD | −0.0178% | 1h | 235.85 | +0.001% | $24K | $15K | 20x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 235.65 | −0.085% | $3.4M | $16.8M | 25x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 236.00 | +0.064% | $1K | $1.7M | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 236.25 | +0.170% | $15K | $112K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 235.93 | +0.034% | $1.6M | $973K | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0016% | 1h | 236.05 | +0.085% | $386K | $739K | 10x | as long as short |
| Gate NBIS_USDTlong | +0.0028% | 8h | 235.85 | long leg | $2.8M | $5.1M | 50x | |
| QFEX NBIS-USD | +0.0038% | 1h | 235.90 | +0.021% | $1.5M | $5.0M | 10x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 236.24 | +0.165% | — | $224K | 5x | as long as short |
| Bybit NBISUSDT | +0.0046% | 8h | 235.79 | −0.025% | $5.1M | $6.5M | 50x | as long as short |
Kraken Futures PF_NBISUSD
OKX NBIS-USDT-SWAP
SunX NBIS-USDT
HTX NBIS-USDT
Phemex NBISUSDT
Coinbase International NBIS-PERP-INTX
QFEX NBIS-USD
Vest NBIS-USD-PERP
Bybit NBISUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 236.13 | +0.119% | $176K | $505K | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.0089% | 1h | 235.90 | +0.021% | $35K | $48K | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 235.79 | −0.025% | $486K | $23K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 235.98 | +0.055% | $2K | $3K | 10x | as long as short |
| Bitget NBISUSDT | +0.0103% | 8h | 235.87 | +0.008% | $2.5M | $4.6M | 20x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 235.95 | +0.043% | — | — | 10x | as long as short |
| SoDEX NBIS-USD | +0.0173% | 1h | 235.95 | +0.042% | $57 | $20K | 10x | as long as short |
| Nado NBIS-PERP | +0.0190% | 1h | 235.85 | +0.001% | $31K | $66K | 3x | as long as short |
| Variational Omni NBIS | +0.0240% | 8h | 236.09 | +0.102% | $2.9M | $820K | — | as long as short |
| edgeX NBISUSDC | +0.0246% | 4h | 236.29 | +0.185% | $38K | $227K | 10x | as long as short |
| Aster NBISUSDT | +0.0250% | 8h | 235.97 | +0.049% | $82K | $308K | 50x | as long as short |
| Binance NBISUSDT | +0.0271% | 8h | 235.75 | −0.040% | $19.6M | $85.6M | 25x | as long as short |
| Extended NBIS-USD | +0.0272% | 1h | 235.88 | +0.011% | $151K | $840K | 10x | as long as short |
| BloFin NBIS-USDT | +0.0291% | 8h | 236.20 | +0.148% | $207K | $212K | 20x | as long as short |
| Lighter NBIS | +0.0328% | 1h | 235.79 | −0.025% | $926K | $4.5M | 10x | as long as short |
| Polymarket Perps NBIS-USD | +0.0334% | 1h | 235.94 | +0.038% | $135K | $442K | 10x | as long as short |
| Arcus NBIS-USD | +0.0366% | 1h | 235.96 | +0.047% | $44K | $132K | 5x | as long as short |
| Phoenix NBIS | +0.0409% | 1h | 236.14 | +0.123% | $7K | $163K | 10x | as long as short |
| tradeXYZ xyz:NBISshort | +0.0426% | 1h | 235.65 | −0.085% | $55.1M | $23.6M | 10x | |
| GRVT NBIS_USDT_Perp | +0.0500% | 8h | 236.27 | +0.178% | $5K | $133K | 10x | as long as short |
| Entropy io:NBIS | +0.0890% | 1h | 235.92 | +0.030% | $10.3M | $3.4M | 10x | as long as short |
Ondo Perps NBIS-USD.P
Deribit NBIS_USDC-PERPETUAL
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Bitget NBISUSDT
Aevo NBIS-PERP
SoDEX NBIS-USD
Nado NBIS-PERP
Variational Omni NBIS
edgeX NBISUSDC
Aster NBISUSDT
Binance NBISUSDT
Extended NBIS-USD
BloFin NBIS-USDT
Lighter NBIS
Polymarket Perps NBIS-USD
Arcus NBIS-USD
Phoenix NBIS
GRVT NBIS_USDT_Perp
Entropy io:NBIS