Funding you earn now, next payment 08:00 UTC+0.0277%/8h= +30.3% APRpaid last 24h +0.095%
Price spread now: Phoenix against HTX+0.209%72s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.564%+$56 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Phoenix is 0.209% dearer against HTX than usual: you sell high and buy low: +$21 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 72 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 | HTX NBIS-USDT | 229.16 | 0 | get 0.0000% / 8h | 7h 46m | $15K | $57K | 20x |
| Short | Phoenix NBIS | 229.64 | 0.0277 | get 0.0035% / 1h | 46m 07s | $7K | $125K | 10x |
HTX NBIS-USDT
Phoenix NBISFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against HTX. 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
- $58.15
- Price spread: +0.209% → 0.000%
- $20.95
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $60.1
- Costs to cover
- 0.190%
- Break-even
- from the start
Slippage unknown: HTX: no order-book sample; Phoenix: live order book, 44 min ago. Net counts fees only.
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 HTX no order-book sample | — | — | — | — | — |
| Sell Phoenix live order book, 44 min ago | 5.62 bp | 16.3 bp −$16 | 35.7 bp −$357 | doesn't fit | doesn't fit |
HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0314% | 8h | 229.24 | +0.035% | $2.3M | $4.5M | 20x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | −0.0186% | 1h | 229.04 | −0.052% | $34K | $49K | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | −0.0008% | 1h | 229.39 | +0.100% | $355K | $806K | 10x | as long as short |
| Aster NBISUSDT | 0.0000% | 8h | 229.42 | +0.113% | $83K | $313K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 229.16 | 0.000% | $147K | $880K | 10x | as long as short |
| Binance NBISUSDT | 0.0000% | 8h | 229.30 | +0.060% | $18.6M | $88.4M | 25x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 229.26 | +0.044% | $4.9M | $6.7M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 229.37 | +0.092% | $3.2M | $15.9M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 229.12 | −0.017% | $2.7M | $5.1M | 50x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 230.15 | +0.433% | $2.8M | $575K | — | as long as short |
Bitget NBISUSDT
Deribit NBIS_USDC-PERPETUAL
Coinbase International NBIS-PERP-INTX
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Variational Omni NBISShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 229.72 | +0.246% | $4K | $114K | 10x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 229.20 | +0.017% | $1K | $1.6M | 10x | as long as short |
| HTX NBIS-USDTlong | 0.0000% | 8h | 229.16 | long leg | $15K | $57K | 20x | |
| Phemex NBISUSDT | 0.0000% | 8h | 229.17 | +0.004% | $1.5M | $971K | 10x | as long as short |
| BloFin NBIS-USDT | +0.0018% | 8h | 229.44 | +0.122% | $203K | $213K | 20x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 229.24 | +0.035% | $42K | $124K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 229.03 | −0.057% | — | $224K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 229.26 | +0.044% | $136K | $466K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 229.16 | 0.000% | $60 | $20K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 229.44 | +0.122% | $148K | $539K | 10x | as long as short |
| QFEX NBIS-USD | +0.0064% | 1h | 229.31 | +0.065% | $1.5M | $3.7M | 10x | as long as short |
| Nado NBIS-PERP | +0.0079% | 1h | 229.35 | +0.085% | $38K | $116K | 3x | as long as short |
| tradeXYZ xyz:NBIS | +0.0082% | 1h | 229.13 | −0.013% | $53.5M | $21.4M | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 229.15 | −0.004% | $471K | $48K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 229.27 | +0.048% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 229.19 | +0.014% | — | — | 10x | as long as short |
| Lighter NBIS | +0.0160% | 1h | 229.12 | −0.017% | $915K | $4.0M | 10x | as long as short |
| Phoenix NBISshort | +0.0277% | 1h | 229.64 | +0.209% | $7K | $125K | 10x | |
| Entropy io:NBIS | +0.0389% | 1h | 229.51 | +0.153% | $10.0M | $3.1M | 10x | as long as short |
| edgeX NBISUSDC | +0.0440% | 4h | 229.75 | +0.257% | $37K | $227K | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0681% | 1h | 229.19 | +0.012% | $22K | $16K | 20x | as long as short |
GRVT NBIS_USDT_Perp
SunX NBIS-USDT
Phemex NBISUSDT
BloFin NBIS-USDT
Arcus NBIS-USD
Vest NBIS-USD-PERP
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
Ondo Perps NBIS-USD.P
QFEX NBIS-USD
Nado NBIS-PERP
tradeXYZ xyz:NBIS
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
Lighter NBIS
Entropy io:NBIS
edgeX NBISUSDC
Kraken Futures PF_NBISUSD