Funding you earn now, next payment 07:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.014%
Price spread now: SoDEX against Orderly−0.022%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 −$2 a day on $10k at the current rate, and SoDEX is 0.022% cheaper against Orderly than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_NBIS_USDC_mythos | 230.97 | 0.0100 | pay 0.0100% / 8h | 1h 21m | $2K | $3K | 10x |
| Short | SoDEX NBIS-USD | 230.92 | 0.0050 | get 0.0006% / 1h | 21m 40s | $111 | $20K | 10x |
Orderly PERP_NBIS_USDC_mythos
SoDEX NBIS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$10.5
- Price spread: −0.022% → 0.000%
- −$2.16
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$26.66
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; SoDEX: no order-book sample. 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 SoDEX no order-book sample | — | — | — | — | — |
Orderly and SoDEX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget NBISUSDT | −0.0585% | 8h | 231.01 | +0.017% | $2.3M | $4.5M | 20x | as long as short |
| BloFin NBIS-USDT | −0.0019% | 8h | 231.00 | +0.013% | $204K | $205K | 20x | as long as short |
| Aster NBISUSDT | 0.0000% | 8h | 230.85 | −0.052% | $84K | $311K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 230.86 | −0.046% | $149K | $635K | 10x | as long as short |
| Binance NBISUSDT | 0.0000% | 8h | 230.99 | +0.009% | $18.5M | $87.3M | 25x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 230.97 | 0.000% | $4.9M | $6.7M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 230.84 | −0.056% | $3.3M | $16.2M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 231.02 | +0.022% | $2.7M | $5.2M | 50x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 230.85 | −0.052% | $2.8M | $601K | — | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 230.78 | −0.082% | $5K | $116K | 10x | as long as short |
Bitget NBISUSDT
BloFin NBIS-USDT
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
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 | 231.01 | +0.017% | $1K | $1.6M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | 0.0000% | 1h | 230.93 | −0.017% | $34K | $49K | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 230.98 | +0.004% | $15K | $57K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 230.96 | −0.004% | $1.6M | $964K | 10x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 230.76 | −0.091% | $42K | $132K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 230.92 | −0.022% | — | $221K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 230.89 | −0.035% | $137K | $473K | 10x | as long as short |
| SoDEX NBIS-USDshort | +0.0050% | 1h | 230.92 | −0.022% | $111 | $20K | 10x | |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 230.43 | −0.234% | $151K | $548K | 10x | as long as short |
| QFEX NBIS-USD | +0.0056% | 1h | 231.00 | +0.013% | $1.5M | $3.8M | 10x | as long as short |
| Nado NBIS-PERP | +0.0064% | 1h | 230.96 | −0.006% | $38K | $115K | 3x | as long as short |
| tradeXYZ xyz:NBIS | +0.0081% | 1h | 230.85 | −0.052% | $54.3M | $21.0M | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 230.83 | −0.061% | $476K | $20K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythoslong | +0.0100% | 8h | 230.97 | long leg | $2K | $3K | 10x | |
| Aevo NBIS-PERP | +0.0104% | 1h | 230.92 | −0.021% | — | — | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0120% | 1h | 230.39 | −0.251% | $351K | $812K | 10x | as long as short |
| Lighter NBIS | +0.0200% | 1h | 230.91 | −0.026% | $956K | $4.0M | 10x | as long as short |
| Phoenix NBIS | +0.0311% | 1h | 230.72 | −0.108% | $7K | $150K | 10x | as long as short |
| Entropy io:NBIS | +0.0372% | 1h | 230.82 | −0.065% | $10.0M | $3.1M | 10x | as long as short |
| edgeX NBISUSDC | +0.0511% | 4h | 230.68 | −0.125% | $37K | $226K | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0684% | 1h | 230.96 | −0.003% | $23K | $15K | 20x | as long as short |
SunX NBIS-USDT
Deribit NBIS_USDC-PERPETUAL
HTX NBIS-USDT
Phemex NBISUSDT
Arcus NBIS-USD
Vest NBIS-USD-PERP
Polymarket Perps NBIS-USD
Ondo Perps NBIS-USD.P
QFEX NBIS-USD
Nado NBIS-PERP
tradeXYZ xyz:NBIS
KuCoin NBISUSDTM
Aevo NBIS-PERP
Coinbase International NBIS-PERP-INTX
Lighter NBIS
Phoenix NBIS
Entropy io:NBIS
edgeX NBISUSDC
Kraken Futures PF_NBISUSD