Funding you earn now, next payment 05:00 UTC+0.0042%/8h= +4.6% APRnext payment +$0.05 per $10,000 · paid last 24h +0.006%
Price spread now: tradeXYZ against Nado+0.060%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$900.904% of the position
Funding, last 3 days (all we have)+0.016%+$2 on $10k
+Price spread, last 4 days (all we have)−0.132%−$13 · spread now +0.060%, 7d avg +0.012%
=Together, before fees−0.117%+ Points / potential airdropNado: Active · tradeXYZ: Active · farm board−$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and tradeXYZ is 0.048% dearer against Nado than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.012%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado NBIS-PERP | 232.14 | 0.0008 | pay 0.0001% / 1h | 5m 03s | $38K | $115K | 3x |
| Short | tradeXYZ xyz:NBIS | 232.28 | 0.0050 | get 0.0006% / 1h | 5m 03s | $54.1M | $20.2M | 10x |
Nado NBIS-PERP
tradeXYZ xyz:NBISFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $8.82
- Price spread: +0.060% → +0.012%
- $4.82
- Slippage, 4 orders
- −$65.42
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$76.77
- Costs to cover
- 0.904%
- Break-even
- 67.9 days
Slippage from Nado: live order book, 43 min ago; tradeXYZ: live order book, 3 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 Nado live order book, 43 min ago | 10.24 bp | 34.0 bp −$34 | 485.2 bp −$4,852 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 3 min ago | 0.65 bp | 13.1 bp −$13 | 17.3 bp −$173 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NBISUSDT | 0.0000% | 8h | 232.56 | +0.179% | $78K | $310K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 232.28 | +0.058% | $151K | $609K | 10x | as long as short |
| Binance NBISUSDT | 0.0000% | 8h | 232.37 | +0.099% | $18.9M | $85.6M | 25x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 232.42 | +0.121% | $5.0M | $6.4M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 232.32 | +0.078% | $3.4M | $16.1M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 232.41 | +0.116% | $2.7M | $5.1M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 232.42 | +0.121% | $2.4M | $4.5M | 20x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 232.62 | +0.209% | $2.9M | $552K | — | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 232.14 | −0.002% | $5K | $118K | 10x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 232.34 | +0.086% | $985 | $1.6M | 10x | as long as short |
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Bitget NBISUSDT
Variational Omni NBIS
GRVT NBIS_USDT_Perp
SunX NBIS-USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit NBIS_USDC-PERPETUAL | 0.0000% | 1h | 232.35 | +0.091% | $34K | $49K | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 232.34 | +0.086% | $15K | $60K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 232.33 | +0.082% | $1.6M | $956K | 10x | as long as short |
| Nado NBIS-PERPlong | +0.0008% | 1h | 232.14 | long leg | $38K | $115K | 3x | |
| BloFin NBIS-USDT | +0.0009% | 8h | 232.15 | +0.004% | $205K | $205K | 20x | as long as short |
| QFEX NBIS-USD | +0.0034% | 1h | 232.32 | +0.078% | $1.5M | $4.0M | 10x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 232.20 | +0.026% | $42K | $132K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 232.36 | +0.095% | — | $217K | 5x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0049% | 1h | 232.29 | +0.064% | $23K | $15K | 20x | as long as short |
| tradeXYZ xyz:NBISshort | +0.0050% | 1h | 232.28 | +0.060% | $54.1M | $20.2M | 10x | |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 232.17 | +0.013% | $143K | $459K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 232.28 | +0.060% | $102 | $21K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 232.20 | +0.026% | $160K | $508K | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 232.30 | +0.069% | $479K | $20K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 232.33 | +0.082% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 232.27 | +0.058% | — | — | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0104% | 1h | 232.30 | +0.069% | $361K | $771K | 10x | as long as short |
| Lighter NBIS | +0.0200% | 1h | 232.43 | +0.125% | $919K | $4.0M | 10x | as long as short |
| Phoenix NBIS | +0.0239% | 1h | 232.36 | +0.095% | $7K | $150K | 10x | as long as short |
| Entropy io:NBIS | +0.0295% | 1h | 232.37 | +0.099% | $10.1M | $3.2M | 10x | as long as short |
| edgeX NBISUSDC | +0.0317% | 4h | 231.93 | −0.089% | $37K | $226K | 10x | as long as short |
Deribit NBIS_USDC-PERPETUAL
HTX NBIS-USDT
Phemex NBISUSDT
BloFin NBIS-USDT
QFEX NBIS-USD
Arcus NBIS-USD
Vest NBIS-USD-PERP
Kraken Futures PF_NBISUSD
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
Ondo Perps NBIS-USD.P
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
Coinbase International NBIS-PERP-INTX
Lighter NBIS
Phoenix NBIS
Entropy io:NBIS
edgeX NBISUSDC