NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.016%

Price spread now: Bybit against OKX+0.025%7-day average −0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$42as in the Funding arb table

Net, price: spread back to 7d avg − costs−$47as in the Price arb table

costs, in and out, $10k−$500.500% of the position

Long on OKX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.084%+$8 on $10k

Price spread, last 7 days−0.006%−$1 · spread now +0.025%, 7d avg −0.001%

Together, before fees+0.079%+$8 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Bybit is 0.027% dearer against OKX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.001%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX NBIS-USDT-SWAP	235.48	0	get 0.0000% / 8h	7h 34m	$3.4M	$16.8M	25x
Short	Bybit NBISUSDT	235.54	0.0120	get 0.0120% / 8h	7h 34m	$5.1M	$6.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.025%Rate

Funding earned: $25.16
Price spread: +0.025% → −0.001%: $2.69
Slippage, 4 orders: −$28.99
Fee OKX: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$22.14
Costs to cover: 0.500%
Break-even: 13.2 days

Slippage from OKX: live order book, 4 min ago; Bybit: 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 OKX live order book, 4 min ago	1.70 bp	11.0 bp −$11	29.8 bp −$298	doesn't fit	doesn't fit
Sell Bybit live order book, 3 min ago	2.12 bp	13.1 bp −$13	75.7 bp −$757	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
Kraken Futures PF_NBISUSD	−0.0179%	1h	235.26	−0.093%	$24K	$15K	20x	as long as short
OKX NBIS-USDT-SWAPlong	0.0000%	8h	235.48	long leg	$3.4M	$16.8M	25x
Gate NBIS_USDT	0.0000%	8h	235.47	−0.004%	$2.8M	$5.1M	50x	as long as short
SunX NBIS-USDT	0.0000%	8h	235.47	−0.004%	$1K	$1.7M	10x	as long as short
Deribit NBIS_USDC-PERPETUAL	0.0000%	1h	235.20	−0.119%	$35K	$48K	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	235.54	+0.025%	$15K	$112K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	235.41	−0.030%	$1.6M	$973K	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0016%	1h	236.05	+0.242%	$386K	$739K	10x	as long as short
QFEX NBIS-USD	+0.0038%	1h	235.52	+0.017%	$1.5M	$5.0M	10x	as long as short
Bitget NBISUSDT	+0.0042%	8h	235.47	−0.004%	$2.5M	$4.7M	20x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest NBIS-USD-PERP	+0.0046%	1h	235.75	+0.115%	—	$224K	5x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	235.41	−0.030%	$175K	$505K	10x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	235.38	−0.042%	$485K	$23K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	235.39	−0.038%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	235.36	−0.051%	—	—	10x	as long as short
Bybit NBISUSDTshort	+0.0120%	8h	235.54	+0.025%	$5.1M	$6.5M	50x
SoDEX NBIS-USD	+0.0143%	1h	235.33	−0.064%	$38	$20K	10x	as long as short
Nado NBIS-PERP	+0.0179%	1h	235.36	−0.052%	$29K	$63K	3x	as long as short
Variational Omni NBIS	+0.0225%	8h	235.53	+0.021%	$2.9M	$820K	—	as long as short
Aster NBISUSDT	+0.0234%	8h	235.69	+0.088%	$81K	$308K	50x	as long as short
BloFin NBIS-USDT	+0.0249%	8h	235.50	+0.008%	$207K	$212K	20x	as long as short
Extended NBIS-USD	+0.0256%	1h	235.41	−0.029%	$147K	$980K	10x	as long as short
Binance NBISUSDT	+0.0256%	8h	235.50	+0.010%	$19.5M	$85.7M	25x	as long as short
Lighter NBIS	+0.0288%	1h	235.57	+0.038%	$926K	$4.5M	10x	as long as short
Arcus NBIS-USD	+0.0366%	1h	235.44	−0.017%	$44K	$132K	5x	as long as short
GRVT NBIS_USDT_Perp	+0.0368%	8h	235.42	−0.024%	$5K	$136K	10x	as long as short
Phoenix NBIS	+0.0409%	1h	235.75	+0.115%	$7K	$163K	10x	as long as short
Polymarket Perps NBIS-USD	+0.0416%	1h	235.51	+0.013%	$135K	$433K	10x	as long as short
tradeXYZ xyz:NBIS	+0.0529%	1h	235.46	−0.008%	$55.1M	$23.6M	10x	as long as short
edgeX NBISUSDC	+0.0863%	4h	235.35	−0.055%	$38K	$228K	10x	as long as short
Entropy io:NBIS	+0.0883%	1h	235.45	−0.013%	$10.3M	$3.4M	10x	as long as short