Funding you earn now, next payment 02:00 UTC+0.0106%/8h= +11.6% APRnext payment +$0.13 per $10,000 · paid last 24h +0.013%
Price spread now: Coinbase International against Nado−0.023%7-day average — · you buy dearer than you sell
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
=Funding pays, the price is against you. Coinbase International is 0.023% cheaper against Nado than usual: you would sell low and buy high (spread −0.023% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 17 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado NBIS-PERP | 235.40 | −0.0002 | get 0.0000% / 1h | 6m 35s | $64K | $99K | 3x |
| Short | Coinbase International NBIS-PERP-INTX | 235.35 | 0.0104 | get 0.0013% / 1h | 6m 35s | $389K | $725K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Nado. 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
- $22.19
- Price spread: −0.023% → 0.000%
- −$2.28
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $2.91
- Costs to cover
- 0.170%
- Break-even
- 6.1 days
Slippage unknown: Nado: no order-book sample; Coinbase International: live order book, 57 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 Nado no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 57 min ago | 9.19 bp | 14.2 bp −$14 | 19.1 bp −$191 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Nado NBIS-PERPlong | −0.0002% | 1h | 235.40 | long leg | $64K | $99K | 3x | |
| Bybit NBISUSDT | 0.0000% | 8h | 235.56 | +0.066% | $5.1M | $6.2M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 235.49 | +0.037% | $3.4M | $16.2M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 235.52 | +0.049% | $2.8M | $5.1M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 235.48 | +0.032% | $2.4M | $4.4M | 20x | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 235.28 | −0.053% | $5K | $120K | 10x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 235.52 | +0.049% | $1K | $1.7M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | 0.0000% | 1h | 235.39 | −0.006% | $35K | $48K | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 235.29 | −0.048% | $15K | $60K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 235.44 | +0.015% | $1.6M | $960K | 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 | +0.0023% | 1h | 235.50 | +0.041% | $1.5M | $4.2M | 10x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 235.20 | −0.086% | $43K | $132K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 235.66 | +0.109% | — | $215K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 235.39 | −0.006% | $150K | $453K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 235.43 | +0.011% | $66 | $20K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 235.42 | +0.007% | $165K | $500K | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0072% | 1h | 235.39 | −0.006% | $55.2M | $19.6M | 10x | as long as short |
| Variational Omni NBIS | +0.0085% | 8h | 235.11 | −0.125% | $2.9M | $566K | — | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 235.29 | −0.048% | $485K | $21K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 235.48 | +0.032% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 235.45 | +0.021% | — | — | 10x | as long as short |
| Coinbase International NBIS-PERP-INTXshort | +0.0104% | 1h | 235.35 | −0.023% | $389K | $725K | 10x | |
| Aster NBISUSDT | +0.0116% | 8h | 235.43 | +0.012% | $81K | $307K | 50x | as long as short |
| Extended NBIS-USD | +0.0120% | 1h | 235.48 | +0.033% | $147K | $706K | 10x | as long as short |
| Binance NBISUSDT | +0.0121% | 8h | 235.53 | +0.054% | $19.2M | $84.4M | 25x | as long as short |
| BloFin NBIS-USDT | +0.0123% | 8h | 235.44 | +0.015% | $206K | $205K | 20x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0151% | 1h | 235.25 | −0.064% | $24K | $15K | 20x | as long as short |
| Lighter NBIS | +0.0272% | 1h | 235.52 | +0.049% | $901K | $4.3M | 10x | as long as short |
| Phoenix NBIS | +0.0308% | 1h | 235.19 | −0.091% | $7K | $150K | 10x | as long as short |
| Entropy io:NBIS | +0.0525% | 1h | 235.36 | −0.019% | $10.2M | $3.3M | 10x | as long as short |
| edgeX NBISUSDC | +0.0729% | 4h | 235.26 | −0.063% | $38K | $226K | 10x | as long as short |
Coinbase International NBIS-PERP-INTX
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Bitget NBISUSDT
GRVT NBIS_USDT_Perp
SunX NBIS-USDT
Deribit NBIS_USDC-PERPETUAL
HTX NBIS-USDT
Phemex NBISUSDT
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
tradeXYZ xyz:NBIS
Variational Omni NBIS
KuCoin NBISUSDTM
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
BloFin NBIS-USDT
Kraken Futures PF_NBISUSD
Lighter NBIS
Phoenix NBIS
edgeX NBISUSDC