NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0260%/8h= +28.5% APRnext payment +$2.60 per $10,000 · paid last 24h +0.028%

Price spread now: BloFin against OKX−0.017%53s7-day average +0.023% · you buy dearer than you sell

Net, funding: paid 7d − costs−$29as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$330.332% of the position

Long on OKX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.046%+$5 on $10k

Price spread, last 3 days (all we have)−0.041%−$4 · spread now −0.017%, 7d avg +0.023%

Together, before fees+0.004%$0 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.040% cheaper against OKX than usual: you would sell low and buy high (spread −0.017% now, against its 7-day average of +0.023%). If the spread goes back, that is −$4 on $10k: about 12 hours of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.046% in total) that is about 6.2 days. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.046% in total (about 2.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.60 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX NBIS-USDT-SWAP	234.51	0	get 0.0000% / 8h	46m 26s	$3.4M	$17.0M	25x
Short	BloFin NBIS-USDT	234.47	0.0260	get 0.0260% / 8h	46m 26s	$206K	$214K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against OKX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee OKXbpFee BloFinbpOrdersPrice spread, now −0.017%Rate

Funding earned: $54.64
Price spread: −0.017% → +0.023%: −$4.02
Slippage, 4 orders: −$11.21
Fee OKX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: $17.41
Costs to cover: 0.332%
Break-even: 4.8 days

Slippage from OKX: live order book, 2 min ago; BloFin: live order book, 24 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 OKX live order book, 2 min ago	0.21 bp	8.5 bp −$8	24.1 bp −$241	doesn't fit	doesn't fit
Sell BloFin live order book, 24 min ago	0.86 bp	7.9 bp −$8	15.8 bp −$158	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
Bybit NBISUSDT	0.0000%	8h	234.45	−0.026%	$5.2M	$6.5M	50x	as long as short
OKX NBIS-USDT-SWAPlong	0.0000%	8h	234.51	long leg	$3.4M	$17.0M	25x
Gate NBIS_USDT	0.0000%	8h	234.48	−0.013%	$2.8M	$5.3M	50x	as long as short
Bitget NBISUSDT	0.0000%	8h	234.44	−0.030%	$2.5M	$4.8M	20x	as long as short
SunX NBIS-USDT	0.0000%	8h	234.34	−0.072%	$874	$1.8M	10x	as long as short
Coinbase International NBIS-PERP-INTX	0.0000%	1h	233.76	−0.320%	$358K	$699K	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	234.37	−0.060%	$15K	$115K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	234.38	−0.055%	$1.6M	$967K	10x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	234.57	+0.026%	—	$234K	5x	as long as short
SoDEX NBIS-USD	+0.0050%	1h	234.40	−0.047%	$33	$20K	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	+0.0051%	1h	234.40	−0.047%	$1.5M	$5.1M	10x	as long as short
Polymarket Perps NBIS-USD	+0.0052%	1h	234.41	−0.043%	$147K	$706K	10x	as long as short
Deribit NBIS_USDC-PERPETUAL	+0.0092%	1h	234.26	−0.107%	$35K	$48K	10x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	234.25	−0.111%	$483K	$25K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	234.45	−0.026%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	234.48	−0.012%	—	—	10x	as long as short
Variational Omni NBIS	+0.0183%	8h	234.38	−0.055%	$2.9M	$821K	—	as long as short
Aster NBISUSDT	+0.0227%	8h	234.32	−0.081%	$79K	$306K	50x	as long as short
Nado NBIS-PERP	+0.0234%	1h	234.21	−0.127%	$28K	$63K	3x	as long as short
Extended NBIS-USD	+0.0240%	1h	234.41	−0.044%	$142K	$697K	10x	as long as short
Binance NBISUSDT	+0.0241%	8h	234.47	−0.017%	$19.4M	$86.3M	25x	as long as short
Kraken Futures PF_NBISUSD	+0.0248%	1h	234.24	−0.113%	$24K	$13K	20x	as long as short
BloFin NBIS-USDTshort	+0.0260%	8h	234.47	−0.017%	$206K	$214K	20x
GRVT NBIS_USDT_Perp	+0.0261%	8h	234.41	−0.043%	$5K	$139K	10x	as long as short
Arcus NBIS-USD	+0.0269%	1h	234.36	−0.064%	$44K	$134K	5x	as long as short
tradeXYZ xyz:NBIS	+0.0301%	1h	234.40	−0.047%	$54.7M	$23.3M	10x	as long as short
edgeX NBISUSDC	+0.0320%	4h	234.32	−0.082%	$38K	$235K	10x	as long as short
Lighter NBIS	+0.0368%	1h	234.48	−0.013%	$931K	$4.6M	10x	as long as short
Phoenix NBIS	+0.0376%	1h	234.42	−0.038%	$7K	$163K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0404%	1h	234.33	−0.077%	$174K	$498K	10x	as long as short
Entropy io:NBIS	+0.0504%	1h	234.37	−0.060%	$10.2M	$3.3M	10x	as long as short