Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.028%
Price spread now: OKX against Orderly−0.047%50s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and OKX is 0.047% cheaper against Orderly than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_NBIS_USDC_mythos | 235.74 | 0.0100 | pay 0.0100% / 8h | 7h 03m | $2K | $3K | 10x |
| Short | OKX NBIS-USDT-SWAP | 235.63 | 0 | get 0.0000% / 8h | 7h 03m | $3.4M | $16.8M | 25x |
Orderly PERP_NBIS_USDC_mythos
OKX NBIS-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Orderly. 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
- −$21
- Price spread: −0.047% → 0.000%
- −$4.67
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$41.67
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; OKX: live order book, 5 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 Orderly no order-book sample | — | — | — | — | — |
| Sell OKX live order book, 5 min ago | 0.42 bp | 10.3 bp −$10 | 38.8 bp −$388 | doesn't fit | doesn't fit |
Orderly: 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NBISUSD | −0.0178% | 1h | 235.68 | −0.026% | $24K | $15K | 20x | as long as short |
| OKX NBIS-USDT-SWAPshort | 0.0000% | 8h | 235.63 | −0.047% | $3.4M | $16.8M | 25x | |
| Gate NBIS_USDT | 0.0000% | 8h | 235.55 | −0.081% | $2.8M | $5.1M | 50x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 235.91 | +0.072% | $1K | $1.7M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | 0.0000% | 1h | 235.72 | −0.008% | $35K | $48K | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 235.73 | −0.004% | $15K | $106K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 235.72 | −0.008% | $1.6M | $973K | 10x | as long as short |
| Bybit NBISUSDT | +0.0012% | 8h | 235.51 | −0.098% | $5.1M | $6.4M | 50x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0016% | 1h | 236.05 | +0.132% | $386K | $737K | 10x | as long as short |
| QFEX NBIS-USD | +0.0038% | 1h | 235.58 | −0.068% | $1.5M | $4.9M | 10x | as long as short |
Kraken Futures PF_NBISUSD
Gate NBIS_USDT
SunX NBIS-USDT
Deribit NBIS_USDC-PERPETUAL
HTX NBIS-USDT
Phemex NBISUSDT
Bybit NBISUSDT
Coinbase International NBIS-PERP-INTX
QFEX NBIS-USDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest NBIS-USD-PERP | +0.0046% | 1h | 236.00 | +0.110% | — | $223K | 5x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 235.80 | +0.025% | $175K | $503K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0089% | 1h | 235.70 | −0.017% | $90 | $20K | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 235.40 | −0.144% | $485K | $22K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythoslong | +0.0100% | 8h | 235.74 | long leg | $2K | $3K | 10x | |
| Aevo NBIS-PERP | +0.0104% | 1h | 235.72 | −0.008% | — | — | 10x | as long as short |
| Bitget NBISUSDT | +0.0114% | 8h | 235.57 | −0.072% | $2.5M | $4.6M | 20x | as long as short |
| Nado NBIS-PERP | +0.0140% | 1h | 235.48 | −0.112% | $31K | $66K | 3x | as long as short |
| Polymarket Perps NBIS-USD | +0.0152% | 1h | 235.87 | +0.055% | $142K | $462K | 10x | as long as short |
| Variational Omni NBIS | +0.0256% | 8h | 235.67 | −0.029% | $2.9M | $591K | — | as long as short |
| Aster NBISUSDT | +0.0263% | 8h | 235.73 | −0.005% | $81K | $308K | 50x | as long as short |
| BloFin NBIS-USDT | +0.0267% | 8h | 235.71 | −0.013% | $207K | $211K | 20x | as long as short |
| Binance NBISUSDT | +0.0286% | 8h | 235.56 | −0.075% | $19.6M | $85.4M | 25x | as long as short |
| tradeXYZ xyz:NBIS | +0.0286% | 1h | 235.55 | −0.081% | $55.1M | $23.6M | 10x | as long as short |
| Lighter NBIS | +0.0288% | 1h | 235.66 | −0.034% | $920K | $4.5M | 10x | as long as short |
| Extended NBIS-USD | +0.0288% | 1h | 235.54 | −0.083% | $151K | $705K | 10x | as long as short |
| Arcus NBIS-USD | +0.0366% | 1h | 235.65 | −0.038% | $44K | $132K | 5x | as long as short |
| GRVT NBIS_USDT_Perp | +0.0375% | 8h | 235.73 | −0.005% | $5K | $131K | 10x | as long as short |
| Phoenix NBIS | +0.0409% | 1h | 235.90 | +0.068% | $7K | $163K | 10x | as long as short |
| edgeX NBISUSDC | +0.0499% | 4h | 235.71 | −0.012% | $38K | $226K | 10x | as long as short |
| Entropy io:NBIS | +0.0864% | 1h | 235.60 | −0.059% | $10.3M | $3.4M | 10x | as long as short |
Vest NBIS-USD-PERP
Ondo Perps NBIS-USD.P
SoDEX NBIS-USD
KuCoin NBISUSDTM
Aevo NBIS-PERP
Bitget NBISUSDT
Nado NBIS-PERP
Polymarket Perps NBIS-USD
Variational Omni NBIS
Aster NBISUSDT
BloFin NBIS-USDT
Binance NBISUSDT
tradeXYZ xyz:NBIS
Lighter NBIS
Extended NBIS-USD
Arcus NBIS-USD
GRVT NBIS_USDT_Perp
Phoenix NBIS
edgeX NBISUSDC
Entropy io:NBIS