Funding you earn now, next payment 01:00 UTC+0.0896%/8h= +98.1% APRpaid last 24h +0.078%
Price spread now: tradeXYZ against OKX−0.025%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$450.448% of the position
Funding, last 7 days+0.233%+$23 on $10k
+Price spread, last 7 days+0.008%+$1 · spread now −0.025%, 7d avg −0.037%
=Together, before fees+0.241%+ Points / potential airdroptradeXYZ: Active · farm board+$24 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.037%, so right now this pair is about funding alone: +$27 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.233% in total (about 12.1% a year). A funding rate is set anew for every payment. 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 | 236.32 | 0 | get 0.0000% / 8h | 7h 46m | $3.4M | $16.9M | 25x |
| Short | tradeXYZ xyz:NBIS | 236.26 | 0.0896 | get 0.0112% / 1h | 46m 06s | $55.2M | $23.6M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against OKX. 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
- $188.09
- Price spread: −0.025% → −0.037%
- $1.14
- Slippage, 4 orders
- −$16.77
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $144.47
- Costs to cover
- 0.448%
- Break-even
- 1.6 days
Slippage from OKX: live order book, 2 min ago; tradeXYZ: live order book, 13 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 | 0.63 bp | 11.0 bp −$11 | 48.8 bp −$488 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 13 min ago | 1.27 bp | 10.8 bp −$11 | 15.5 bp −$155 | 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 | −0.0178% | 1h | 236.19 | −0.056% | $24K | $15K | 20x | as long as short |
| OKX NBIS-USDT-SWAPlong | 0.0000% | 8h | 236.32 | long leg | $3.4M | $16.9M | 25x | |
| Bitget NBISUSDT | 0.0000% | 8h | 236.30 | −0.008% | $2.5M | $4.7M | 20x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 236.35 | +0.013% | $1K | $1.7M | 10x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 236.30 | −0.008% | $1.6M | $973K | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0016% | 1h | 235.49 | −0.351% | $361K | $683K | 10x | as long as short |
| QFEX NBIS-USD | +0.0038% | 1h | 236.25 | −0.030% | $1.5M | $5.1M | 10x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 236.59 | +0.114% | — | $234K | 5x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 236.21 | −0.047% | $175K | $507K | 10x | as long as short |
| HTX NBIS-USDT | +0.0054% | 8h | 236.39 | +0.030% | $15K | $112K | 20x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NBISUSDTM | +0.0100% | 8h | 236.09 | −0.097% | $487K | $24K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 236.31 | −0.004% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 236.11 | −0.088% | — | — | 10x | as long as short |
| Gate NBIS_USDT | +0.0108% | 8h | 236.25 | −0.030% | $2.8M | $5.1M | 50x | as long as short |
| Nado NBIS-PERP | +0.0212% | 1h | 236.20 | −0.050% | $29K | $63K | 3x | as long as short |
| Variational Omni NBIS | +0.0213% | 8h | 236.31 | −0.003% | $2.9M | $817K | — | as long as short |
| Aster NBISUSDT | +0.0231% | 8h | 236.05 | −0.115% | $82K | $308K | 50x | as long as short |
| Extended NBIS-USD | +0.0248% | 1h | 236.24 | −0.033% | $139K | $826K | 10x | as long as short |
| Binance NBISUSDT | +0.0248% | 8h | 236.34 | +0.006% | $19.6M | $86.0M | 25x | as long as short |
| BloFin NBIS-USDT | +0.0272% | 8h | 236.48 | +0.068% | $206K | $214K | 20x | as long as short |
| Bybit NBISUSDT | +0.0275% | 8h | 236.34 | +0.008% | $5.2M | $6.5M | 50x | as long as short |
| Lighter NBIS | +0.0360% | 1h | 236.38 | +0.025% | $929K | $4.4M | 10x | as long as short |
| Arcus NBIS-USD | +0.0366% | 1h | 236.08 | −0.102% | $44K | $132K | 5x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.0385% | 1h | 236.26 | −0.025% | $35K | $48K | 10x | as long as short |
| edgeX NBISUSDC | +0.0391% | 4h | 236.21 | −0.045% | $38K | $229K | 10x | as long as short |
| Phoenix NBIS | +0.0409% | 1h | 236.34 | +0.008% | $7K | $163K | 10x | as long as short |
| GRVT NBIS_USDT_Perp | +0.0498% | 8h | 236.24 | −0.035% | $5K | $137K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0617% | 1h | 236.27 | −0.021% | $38 | $20K | 10x | as long as short |
| Polymarket Perps NBIS-USD | +0.0786% | 1h | 236.28 | −0.017% | $140K | $429K | 10x | as long as short |
| tradeXYZ xyz:NBISshort | +0.0896% | 1h | 236.26 | −0.025% | $55.2M | $23.6M | 10x | |
| Entropy io:NBIS | +0.0931% | 1h | 236.06 | −0.110% | $10.3M | $3.4M | 10x | as long as short |
OKX NBIS-USDT-SWAP
tradeXYZ xyz:NBIS
Kraken Futures PF_NBISUSD
Bitget NBISUSDT
SunX NBIS-USDT
Phemex NBISUSDT
Coinbase International NBIS-PERP-INTX
HTX NBIS-USDT
KuCoin NBISUSDTM
Gate NBIS_USDT
Variational Omni NBIS
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
BloFin NBIS-USDT
Bybit NBISUSDT
Lighter NBIS
Deribit NBIS_USDC-PERPETUAL
edgeX NBISUSDC
Phoenix NBIS
GRVT NBIS_USDT_Perp
SoDEX NBIS-USD
Polymarket Perps NBIS-USD