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: Kraken Futures against Nado−0.072%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. Kraken Futures is 0.072% cheaper against Nado than usual: you would sell low and buy high (spread −0.072% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 4.7 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado NBIS-PERP | 234.80 | 0.0197 | pay 0.0025% / 1h | 15m 00s | $28K | $63K | 3x |
| Short | Kraken Futures PF_NBISUSD | 234.63 | 0.0248 | get 0.0031% / 1h | 15m 00s | $24K | $15K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $10.82
- Price spread: −0.072% → 0.000%
- −$7.21
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$13.39
- Costs to cover
- 0.170%
- Break-even
- 15.7 days
Slippage unknown: Nado: no order-book sample; Kraken Futures: 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 Nado no order-book sample | — | — | — | — | — |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Nado and Kraken Futures: 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 | +0.043% | $5.2M | $6.5M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 234.91 | +0.047% | $3.4M | $17.1M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 234.90 | +0.043% | $2.8M | $5.3M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 234.89 | +0.038% | $2.5M | $4.8M | 20x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 235.04 | +0.102% | $1K | $1.8M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | 0.0000% | 1h | 234.82 | +0.009% | $35K | $48K | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | 0.0000% | 1h | 234.81 | +0.004% | $360K | $679K | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 235.07 | +0.115% | $15K | $115K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 234.92 | +0.051% | $1.6M | $975K | 10x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 235.15 | +0.149% | — | $234K | 5x | as long as short |
Show 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 | +0.064% | $142K | $738K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 234.89 | +0.038% | $38 | $20K | 10x | as long as short |
| QFEX NBIS-USD | +0.0051% | 1h | 234.92 | +0.051% | $1.5M | $5.2M | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0067% | 1h | 234.98 | +0.077% | $174K | $499K | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 234.75 | −0.021% | $484K | $25K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 234.90 | +0.043% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 234.92 | +0.052% | — | — | 10x | as long as short |
| Nado NBIS-PERPlong | +0.0197% | 1h | 234.80 | long leg | $28K | $63K | 3x | |
| Variational Omni NBIS | +0.0221% | 8h | 235.11 | +0.130% | $2.9M | $822K | — | as long as short |
| Aster NBISUSDT | +0.0235% | 8h | 235.14 | +0.144% | $81K | $308K | 50x | as long as short |
| BloFin NBIS-USDT | +0.0247% | 8h | 234.93 | +0.055% | $206K | $214K | 20x | as long as short |
| Kraken Futures PF_NBISUSDshort | +0.0248% | 1h | 234.63 | −0.072% | $24K | $15K | 20x | |
| GRVT NBIS_USDT_Perp | +0.0249% | 8h | 235.06 | +0.110% | $5K | $138K | 10x | as long as short |
| Binance NBISUSDT | +0.0253% | 8h | 234.93 | +0.055% | $19.4M | $86.5M | 25x | as long as short |
| Extended NBIS-USD | +0.0256% | 1h | 234.87 | +0.028% | $139K | $703K | 10x | as long as short |
| Arcus NBIS-USD | +0.0269% | 1h | 234.93 | +0.055% | $44K | $134K | 5x | as long as short |
| tradeXYZ xyz:NBIS | +0.0305% | 1h | 234.99 | +0.081% | $54.8M | $23.4M | 10x | as long as short |
| Phoenix NBIS | +0.0376% | 1h | 235.07 | +0.115% | $7K | $163K | 10x | as long as short |
| Lighter NBIS | +0.0376% | 1h | 235.01 | +0.089% | $932K | $4.6M | 10x | as long as short |
| Entropy io:NBIS | +0.0489% | 1h | 234.92 | +0.051% | $10.3M | $3.4M | 10x | as long as short |
| edgeX NBISUSDC | +0.0874% | 4h | 235.04 | +0.103% | $38K | $236K | 10x | as long as short |
Kraken Futures PF_NBISUSD
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
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
KuCoin NBISUSDTM
Variational Omni NBIS
Aster NBISUSDT
BloFin NBIS-USDT
GRVT NBIS_USDT_Perp
Binance NBISUSDT
Extended NBIS-USD
tradeXYZ xyz:NBIS
Phoenix NBIS
Lighter NBIS
edgeX NBISUSDC