Funding you earn now, next payment 23:00 UTC−0.0073%/8h= −8.0% APRpaid last 24h +0.005%
Price spread now: BloFin against Ondo Perps+0.013%7-day average +0.035% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.033%−$3 on $10k
+Price spread, last 3 days (all we have)−0.075%−$8 · spread now +0.013%, 7d avg +0.035%
=Together, before fees−0.108%+ Points / potential airdropOndo Perps: Active · farm board−$11 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 BloFin is 0.022% cheaper against Ondo Perps than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.035%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps NBIS-USD.P | 233.27 | 0.0119 | pay 0.0015% / 1h | 48m 14s | $173K | $498K | 10x |
| Short | BloFin NBIS-USDT | 233.30 | 0.0046 | get 0.0046% / 8h | 1h 48m | $205K | $216K | 20x |
Ondo Perps NBIS-USD.P
BloFin NBIS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$15.35
- Price spread: +0.013% → +0.035%
- −$2.22
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$34.57
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; BloFin: live order book, 27 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 BloFin live order book, 27 min ago | 0.43 bp | 10.2 bp −$10 | 28.3 bp −$283 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit NBIS_USDC-PERPETUAL | −0.0007% | 1h | 233.18 | −0.039% | $35K | $47K | 10x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 233.23 | −0.017% | $5.1M | $6.5M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 233.10 | −0.073% | $3.4M | $17.0M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 233.21 | −0.026% | $2.8M | $5.3M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 233.18 | −0.039% | $2.5M | $4.7M | 20x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 233.27 | 0.000% | $2.8M | $945K | — | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 233.25 | −0.009% | $966 | $1.8M | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 233.36 | +0.039% | $15K | $115K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 233.21 | −0.026% | $1.6M | $966K | 10x | as long as short |
| Binance NBISUSDT | +0.0021% | 8h | 233.24 | −0.013% | $19.4M | $86.9M | 25x | as long as short |
Deribit NBIS_USDC-PERPETUAL
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Bitget NBISUSDT
Variational Omni NBIS
SunX NBIS-USDT
HTX NBIS-USDT
Phemex NBISUSDT
Binance NBISUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster NBISUSDT | +0.0023% | 8h | 233.50 | +0.100% | $79K | $304K | 50x | as long as short |
| Extended NBIS-USD | +0.0024% | 1h | 233.17 | −0.045% | $141K | $697K | 10x | as long as short |
| QFEX NBIS-USD | +0.0038% | 1h | 233.24 | −0.013% | $1.5M | $5.1M | 10x | as long as short |
| GRVT NBIS_USDT_Perp | +0.0039% | 8h | 233.25 | −0.007% | $5K | $147K | 10x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 233.30 | +0.013% | $44K | $133K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 233.31 | +0.017% | — | $234K | 5x | as long as short |
| BloFin NBIS-USDTshort | +0.0046% | 8h | 233.30 | +0.013% | $205K | $216K | 20x | |
| SoDEX NBIS-USD | +0.0050% | 1h | 233.19 | −0.034% | $33 | $20K | 10x | as long as short |
| Polymarket Perps NBIS-USD | +0.0066% | 1h | 233.29 | +0.009% | $136K | $645K | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0072% | 1h | 232.99 | −0.120% | $356K | $702K | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 233.11 | −0.069% | $480K | $25K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 233.20 | −0.030% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 233.22 | −0.023% | — | — | 10x | as long as short |
| Ondo Perps NBIS-USD.Plong | +0.0119% | 1h | 233.27 | long leg | $173K | $498K | 10x | |
| Entropy io:NBIS | +0.0297% | 1h | 233.24 | −0.013% | $10.2M | $3.3M | 10x | as long as short |
| Nado NBIS-PERP | +0.0297% | 1h | 233.26 | −0.006% | $28K | $63K | 3x | as long as short |
| tradeXYZ xyz:NBIS | +0.0311% | 1h | 233.24 | −0.013% | $54.4M | $23.5M | 10x | as long as short |
| Phoenix NBIS | +0.0343% | 1h | 233.31 | +0.017% | $7K | $185K | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0347% | 1h | 233.12 | −0.065% | $24K | $13K | 20x | as long as short |
| Lighter NBIS | +0.0352% | 1h | 233.28 | +0.004% | $934K | $4.6M | 10x | as long as short |
| edgeX NBISUSDC | +0.0602% | 4h | 233.27 | −0.001% | $37K | $234K | 10x | as long as short |
Aster NBISUSDT
Extended NBIS-USD
QFEX NBIS-USD
GRVT NBIS_USDT_Perp
Arcus NBIS-USD
Vest NBIS-USD-PERP
SoDEX NBIS-USD
Polymarket Perps NBIS-USD
Coinbase International NBIS-PERP-INTX
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
Entropy io:NBIS
Nado NBIS-PERP
tradeXYZ xyz:NBIS
Phoenix NBIS
Kraken Futures PF_NBISUSD
Lighter NBIS
edgeX NBISUSDC