NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0086%/8h= +9.4% APRnext payment +$0.86 per $10,000 · paid last 24h +0.006%

Price spread now: Binance against GRVT+0.103%7-day average −0.022% · you sell dearer than you buy

Net, funding: paid 7d − costs−$39as in the Funding arb table

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$390.394% of the position

Long on GRVT Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.002%$0 on $10k

Price spread, last 4 days (all we have)−0.138%−$14 · spread now +0.103%, 7d avg −0.022%

Together, before fees−0.136%+ Points / potential airdropGRVT: Active · farm board−$14 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Binance is 0.125% dearer against GRVT than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.022%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT NBIS_USDT_Perp	235.51	0	get 0.0000% / 8h	4h 41m	$5K	$119K	10x
Short	Binance NBISUSDT	235.75	0.0086	get 0.0086% / 8h	4h 41m	$19.4M	$84.6M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against GRVT. 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 GRVTbpFee BinancebpOrdersPrice spread, now +0.103%Rate

Funding earned: $17.97
Price spread: +0.103% → −0.022%: $12.5
Slippage, 4 orders: −$20.45
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Binance: 5 bp × 2 orders: −$10
Net: −$8.98
Costs to cover: 0.394%
Break-even: 10.5 days

Slippage from GRVT: live order book, 11 min ago; Binance: live order book, 1 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 GRVT live order book, 11 min ago	1.91 bp	12.6 bp −$13	25.7 bp −$257	doesn't fit	doesn't fit
Sell Binance live order book, 1 min ago	0.21 bp	7.4 bp −$7	21.8 bp −$218	75.4 bp −$7,539	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	−0.0179%	1h	235.65	+0.062%	$38K	$115K	3x	as long as short
Bybit NBISUSDT	0.0000%	8h	235.77	+0.112%	$5.1M	$6.2M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	235.65	+0.061%	$3.4M	$16.2M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	235.72	+0.090%	$2.8M	$5.0M	50x	as long as short
Bitget NBISUSDT	0.0000%	8h	235.67	+0.069%	$2.4M	$4.4M	20x	as long as short
GRVT NBIS_USDT_Perplong	0.0000%	8h	235.51	long leg	$5K	$119K	10x
SunX NBIS-USDT	0.0000%	8h	235.85	+0.145%	$1K	$1.7M	10x	as long as short
Deribit NBIS_USDC-PERPETUAL	0.0000%	1h	235.64	+0.056%	$35K	$48K	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	235.28	−0.097%	$15K	$60K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	235.76	+0.107%	$1.6M	$958K	10x	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	235.68	+0.073%	$1.5M	$4.2M	10x	as long as short
Variational Omni NBIS	+0.0039%	8h	235.31	−0.083%	$2.9M	$573K	—	as long as short
Arcus NBIS-USD	+0.0040%	1h	235.45	−0.024%	$43K	$132K	5x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	235.97	+0.196%	—	$216K	5x	as long as short
tradeXYZ xyz:NBIS	+0.0050%	1h	235.63	+0.052%	$55.0M	$19.9M	10x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	235.64	+0.056%	$149K	$453K	10x	as long as short
SoDEX NBIS-USD	+0.0050%	1h	235.73	+0.095%	$5	$21K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	235.74	+0.099%	$161K	$504K	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0056%	1h	235.35	−0.067%	$389K	$724K	10x	as long as short
Lighter NBIS	+0.0064%	1h	235.76	+0.107%	$900K	$4.0M	10x	as long as short
Aster NBISUSDT	+0.0083%	8h	235.66	+0.067%	$79K	$310K	50x	as long as short
Binance NBISUSDTshort	+0.0086%	8h	235.75	+0.103%	$19.4M	$84.6M	25x
Extended NBIS-USD	+0.0088%	1h	235.73	+0.094%	$147K	$702K	10x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	235.53	+0.010%	$485K	$21K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	235.75	+0.103%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	235.74	+0.099%	—	—	10x	as long as short
BloFin NBIS-USDT	+0.0112%	8h	235.71	+0.086%	$208K	$205K	20x	as long as short
Phoenix NBIS	+0.0272%	1h	235.31	−0.084%	$7K	$150K	10x	as long as short
edgeX NBISUSDC	+0.0307%	4h	235.68	+0.073%	$38K	$225K	10x	as long as short
Entropy io:NBIS	+0.0424%	1h	235.60	+0.039%	$10.2M	$3.3M	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0476%	1h	235.54	+0.014%	$24K	$15K	20x	as long as short