Funding you earn now, next payment 05:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.021%
Price spread now: Aster against Ondo Perps+0.184%7-day average +0.022% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.034%−$3 on $10k
+Price spread, last 4 days (all we have)−0.206%−$21 · spread now +0.184%, 7d avg +0.022%
=Together, before fees−0.240%+ Points / potential airdropOndo Perps: Active · Aster: Stage 5 · farm board−$24 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.162% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.184% now, against its 7-day average of +0.022%): +$16 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 11 days. At the pace of the last 7 days (−0.034% in total) that is about 33 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps NBIS-USD.P | 233.83 | 0.0050 | pay 0.0006% / 1h | 29m 14s | $160K | $501K | 10x |
| Short | Aster NBISUSDT | 234.26 | 0 | get 0.0000% / 8h | 3h 29m | $79K | $310K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Ondo Perps. 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
- −$10.58
- Price spread: +0.184% → +0.022%
- $16.18
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$7.4
- Costs to cover
- 0.130%
- Break-even
- from the start
Slippage unknown: Ondo Perps: no order-book sample; Aster: live order book, 23 min ago. 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 23 min ago | 18.55 bp | 27.2 bp −$27 | 1051.7 bp −$10.5K | doesn't fit | doesn't fit |
Ondo Perps: 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin NBIS-USDT | −0.0014% | 8h | 234.12 | +0.124% | $206K | $206K | 20x | as long as short |
| Aster NBISUSDTshort | 0.0000% | 8h | 234.26 | +0.184% | $79K | $310K | 50x | |
| Extended NBIS-USD | 0.0000% | 1h | 234.04 | +0.090% | $147K | $699K | 10x | as long as short |
| Binance NBISUSDT | 0.0000% | 8h | 234.13 | +0.127% | $19.2M | $84.8M | 25x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 234.17 | +0.145% | $5.0M | $6.3M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 234.05 | +0.094% | $3.4M | $16.2M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 234.13 | +0.128% | $2.7M | $5.0M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 234.20 | +0.158% | $2.4M | $4.4M | 20x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 234.33 | +0.213% | $2.9M | $555K | — | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 234.30 | +0.203% | $4K | $119K | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX NBIS-USDT | 0.0000% | 8h | 234.24 | +0.175% | $970 | $1.7M | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 234.38 | +0.235% | $15K | $60K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 234.24 | +0.175% | $1.6M | $955K | 10x | as long as short |
| QFEX NBIS-USD | +0.0034% | 1h | 234.11 | +0.120% | $1.5M | $4.0M | 10x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 233.96 | +0.056% | $42K | $132K | 5x | as long as short |
| Nado NBIS-PERP | +0.0041% | 1h | 234.16 | +0.143% | $38K | $115K | 3x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 234.29 | +0.197% | — | $216K | 5x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0048% | 1h | 234.08 | +0.106% | $23K | $15K | 20x | as long as short |
| tradeXYZ xyz:NBIS | +0.0050% | 1h | 233.97 | +0.060% | $54.5M | $20.1M | 10x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 234.01 | +0.077% | $147K | $456K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 234.12 | +0.124% | $80 | $21K | 10x | as long as short |
| Ondo Perps NBIS-USD.Plong | +0.0050% | 1h | 233.83 | long leg | $160K | $501K | 10x | |
| KuCoin NBISUSDTM | +0.0100% | 8h | 234.02 | +0.081% | $482K | $20K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 234.09 | +0.111% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 234.04 | +0.091% | — | — | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0104% | 1h | 234.20 | +0.158% | $375K | $736K | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.0220% | 1h | 234.08 | +0.107% | $35K | $49K | 10x | as long as short |
| Phoenix NBIS | +0.0239% | 1h | 233.90 | +0.030% | $7K | $150K | 10x | as long as short |
| Lighter NBIS | +0.0256% | 1h | 234.20 | +0.158% | $925K | $3.9M | 10x | as long as short |
| Entropy io:NBIS | +0.0361% | 1h | 234.06 | +0.098% | $10.2M | $3.2M | 10x | as long as short |
| edgeX NBISUSDC | +0.0895% | 4h | 234.27 | +0.188% | $38K | $227K | 10x | as long as short |
Aster NBISUSDT
BloFin NBIS-USDT
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-USDT
HTX NBIS-USDT
Phemex NBISUSDT
Kraken Futures PF_NBISUSD
tradeXYZ xyz:NBIS
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
KuCoin NBISUSDTM
Coinbase International NBIS-PERP-INTX
Deribit NBIS_USDC-PERPETUAL
Phoenix NBIS
Lighter NBIS
edgeX NBISUSDC