Funding you earn now, next payment 05:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.013%
Price spread now: Binance against Ondo Perps−0.203%7-day average +0.052% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.028%−$3 on $10k
+Price spread, last 4 days (all we have)+0.962%+$96 · spread now −0.203%, 7d avg +0.052%
=Together, before fees+0.934%+ Points / potential airdropOndo Perps: Active · farm board+$93 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Binance is 0.255% cheaper against Ondo Perps than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of +0.052%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps NBIS-USD.P | 234.15 | 0.0050 | pay 0.0006% / 1h | 25m 01s | $160K | $502K | 10x |
| Short | Binance NBISUSDT | 233.67 | 0 | get 0.0000% / 8h | 3h 25m | $19.2M | $84.8M | 25x |
Ondo Perps NBIS-USD.P
Binance NBISUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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: −0.203% → +0.052%
- −$25.51
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$51.1
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Binance: live order book, 3 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 Binance live order book, 3 min ago | 0.21 bp | 10.1 bp −$10 | 27.9 bp −$279 | 81.6 bp −$8,160 | 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 | −0.0006% | 8h | 233.83 | −0.137% | $205K | $206K | 20x | as long as short |
| Aster NBISUSDT | 0.0000% | 8h | 234.03 | −0.051% | $78K | $310K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 233.70 | −0.191% | $147K | $688K | 10x | as long as short |
| Binance NBISUSDTshort | 0.0000% | 8h | 233.67 | −0.203% | $19.2M | $84.8M | 25x | |
| Bybit NBISUSDT | 0.0000% | 8h | 233.69 | −0.196% | $5.0M | $6.3M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 233.61 | −0.231% | $3.4M | $16.2M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 233.72 | −0.184% | $2.7M | $5.1M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 233.67 | −0.205% | $2.4M | $4.4M | 20x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 233.62 | −0.226% | $2.9M | $555K | — | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 234.17 | +0.007% | $4K | $119K | 10x | as long as short |
BloFin NBIS-USDT
Aster NBISUSDT
Extended NBIS-USD
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Bitget NBISUSDT
Variational Omni NBIS
GRVT NBIS_USDT_PerpShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX NBIS-USDT | 0.0000% | 8h | 233.68 | −0.201% | $1K | $1.6M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | 0.0000% | 1h | 233.61 | −0.231% | $35K | $49K | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 233.68 | −0.201% | $15K | $60K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 233.75 | −0.171% | $1.6M | $954K | 10x | as long as short |
| QFEX NBIS-USD | +0.0034% | 1h | 233.65 | −0.214% | $1.5M | $4.0M | 10x | as long as short |
| Nado NBIS-PERP | +0.0036% | 1h | 233.63 | −0.224% | $38K | $115K | 3x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 233.78 | −0.158% | $42K | $132K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 233.84 | −0.132% | — | $216K | 5x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0049% | 1h | 233.58 | −0.243% | $23K | $15K | 20x | as long as short |
| tradeXYZ xyz:NBIS | +0.0050% | 1h | 233.55 | −0.256% | $54.4M | $20.1M | 10x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 233.59 | −0.239% | $147K | $456K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 233.72 | −0.184% | $108 | $21K | 10x | as long as short |
| Ondo Perps NBIS-USD.Plong | +0.0050% | 1h | 234.15 | long leg | $160K | $502K | 10x | |
| KuCoin NBISUSDTM | +0.0100% | 8h | 233.79 | −0.154% | $482K | $20K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 233.81 | −0.145% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 233.81 | −0.146% | — | — | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0104% | 1h | 233.49 | −0.282% | $374K | $741K | 10x | as long as short |
| edgeX NBISUSDC | +0.0195% | 4h | 234.00 | −0.065% | $38K | $226K | 10x | as long as short |
| Lighter NBIS | +0.0232% | 1h | 233.77 | −0.162% | $926K | $3.9M | 10x | as long as short |
| Phoenix NBIS | +0.0239% | 1h | 234.14 | −0.004% | $7K | $150K | 10x | as long as short |
| Entropy io:NBIS | +0.0339% | 1h | 233.90 | −0.107% | $10.2M | $3.2M | 10x | as long as short |
SunX NBIS-USDT
Deribit NBIS_USDC-PERPETUAL
HTX NBIS-USDT
Phemex NBISUSDT
QFEX NBIS-USD
Nado NBIS-PERP
Arcus NBIS-USD
Vest NBIS-USD-PERP
Kraken Futures PF_NBISUSD
tradeXYZ xyz:NBIS
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
Coinbase International NBIS-PERP-INTX
edgeX NBISUSDC
Lighter NBIS
Phoenix NBIS
Entropy io:NBIS