Funding you earn now, next payment 00:00 UTC−0.0052%/8h= −5.6% APRnext payment −$0.06 per $10,000 · paid last 24h −0.051%
Price spread now: Nado against Kraken Futures+0.072%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Nado is 0.072% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.072% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_NBISUSD | 234.63 | 0.0248 | pay 0.0031% / 1h | 14m 53s | $24K | $15K | 20x |
| Short | Nado NBIS-PERP | 234.80 | 0.0197 | get 0.0025% / 1h | 14m 53s | $28K | $63K | 3x |
Kraken Futures PF_NBISUSD
Nado NBIS-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Kraken Futures. 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
- −$10.82
- Price spread: +0.072% → 0.000%
- $7.22
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$20.6
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Nado: no order-book sample. 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Nado no order-book sample | — | — | — | — | — |
Kraken Futures and Nado: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit NBISUSDT | 0.0000% | 8h | 234.90 | +0.115% | $5.2M | $6.5M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 234.91 | +0.119% | $3.4M | $17.1M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 234.90 | +0.115% | $2.8M | $5.3M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 234.93 | +0.128% | $2.5M | $4.8M | 20x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 235.04 | +0.175% | $1K | $1.8M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | 0.0000% | 1h | 234.82 | +0.081% | $35K | $48K | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | 0.0000% | 1h | 234.81 | +0.077% | $360K | $679K | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 235.07 | +0.187% | $15K | $115K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 234.92 | +0.123% | $1.6M | $975K | 10x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 235.15 | +0.221% | — | $234K | 5x | as long as short |
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Bitget NBISUSDT
SunX NBIS-USDT
Deribit NBIS_USDC-PERPETUAL
Coinbase International NBIS-PERP-INTX
HTX NBIS-USDT
Phemex NBISUSDT
Vest NBIS-USD-PERPShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 234.95 | +0.136% | $142K | $738K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 234.89 | +0.111% | $38 | $20K | 10x | as long as short |
| QFEX NBIS-USD | +0.0051% | 1h | 234.92 | +0.123% | $1.5M | $5.2M | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0067% | 1h | 234.98 | +0.149% | $174K | $499K | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 234.75 | +0.051% | $484K | $25K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 234.90 | +0.115% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 234.92 | +0.124% | — | — | 10x | as long as short |
| Nado NBIS-PERPshort | +0.0197% | 1h | 234.80 | +0.072% | $28K | $63K | 3x | |
| Variational Omni NBIS | +0.0221% | 8h | 235.11 | +0.203% | $2.9M | $822K | — | as long as short |
| Aster NBISUSDT | +0.0235% | 8h | 235.14 | +0.217% | $81K | $308K | 50x | as long as short |
| BloFin NBIS-USDT | +0.0247% | 8h | 234.93 | +0.128% | $206K | $214K | 20x | as long as short |
| Kraken Futures PF_NBISUSDlong | +0.0248% | 1h | 234.63 | long leg | $24K | $15K | 20x | |
| GRVT NBIS_USDT_Perp | +0.0249% | 8h | 235.06 | +0.182% | $5K | $138K | 10x | as long as short |
| Binance NBISUSDT | +0.0253% | 8h | 234.93 | +0.128% | $19.4M | $86.5M | 25x | as long as short |
| Extended NBIS-USD | +0.0256% | 1h | 234.89 | +0.109% | $139K | $703K | 10x | as long as short |
| Arcus NBIS-USD | +0.0269% | 1h | 234.93 | +0.128% | $44K | $134K | 5x | as long as short |
| tradeXYZ xyz:NBIS | +0.0305% | 1h | 234.99 | +0.153% | $54.8M | $23.4M | 10x | as long as short |
| Phoenix NBIS | +0.0376% | 1h | 235.07 | +0.187% | $7K | $163K | 10x | as long as short |
| Lighter NBIS | +0.0376% | 1h | 235.01 | +0.162% | $932K | $4.6M | 10x | as long as short |
| Entropy io:NBIS | +0.0489% | 1h | 234.92 | +0.123% | $10.3M | $3.4M | 10x | as long as short |
| edgeX NBISUSDC | +0.0874% | 4h | 235.04 | +0.175% | $38K | $236K | 10x | as long as short |
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
QFEX NBIS-USD
Ondo Perps NBIS-USD.P
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
Variational Omni NBIS
Aster NBISUSDT
BloFin NBIS-USDT
GRVT NBIS_USDT_Perp
Binance NBISUSDT
Extended NBIS-USD
Arcus NBIS-USD
tradeXYZ xyz:NBIS
Phoenix NBIS
Lighter NBIS
Entropy io:NBIS
edgeX NBISUSDC