Funding you earn now, next payment 08:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.08 per $10,000 · paid last 24h +0.028%
Price spread now: BloFin against Phemex+0.017%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$1081.079% of the position
Funding, last 7 days+0.128%+$13 on $10k
+Price spread, last 4 days (all we have)−0.039%−$4 · spread now +0.017%, 7d avg +0.002%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex NBISUSDT | 231.32 | 0 | get 0.0000% / 8h | 36m 57s | $1.6M | $968K | 10x |
| Short | BloFin NBIS-USDT | 231.36 | 0.0008 | get 0.0008% / 8h | 36m 57s | $203K | $209K | 20x |
Phemex NBISUSDT
BloFin NBIS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Phemex. 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
- $1.69
- Price spread: +0.017% → +0.002%
- $1.51
- Slippage, 4 orders
- −$83.91
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$104.72
- Costs to cover
- 1.079%
- Break-even
- 441.3 days
Slippage from Phemex: live order book, 1 min ago; BloFin: live order book, 34 min ago.
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 Phemex live order book, 1 min ago | 3.03 bp | 54.0 bp −$54 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 34 min ago | 0.22 bp | 11.6 bp −$12 | 22.4 bp −$224 | doesn't fit | doesn't fit |
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 | −0.0456% | 8h | 231.40 | +0.035% | $2.3M | $4.6M | 20x | as long as short |
| Aster NBISUSDT | 0.0000% | 8h | 231.22 | −0.043% | $84K | $311K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 231.36 | +0.017% | $148K | $876K | 10x | as long as short |
| Binance NBISUSDT | 0.0000% | 8h | 231.41 | +0.039% | $18.6M | $87.8M | 25x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 231.10 | −0.095% | $4.9M | $6.8M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 231.31 | −0.004% | $3.3M | $16.1M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 231.31 | −0.004% | $2.7M | $5.2M | 50x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 231.45 | +0.056% | $2.8M | $594K | — | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 231.29 | −0.013% | $4K | $116K | 10x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 231.35 | +0.013% | $992 | $1.6M | 10x | as long as short |
Bitget NBISUSDT
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Variational Omni NBIS
GRVT NBIS_USDT_Perp
SunX NBIS-USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX NBIS-USDT | 0.0000% | 8h | 231.29 | −0.013% | $15K | $57K | 20x | as long as short |
| Phemex NBISUSDTlong | 0.0000% | 8h | 231.32 | long leg | $1.6M | $968K | 10x | |
| BloFin NBIS-USDTshort | +0.0008% | 8h | 231.36 | +0.017% | $203K | $209K | 20x | |
| Arcus NBIS-USD | +0.0040% | 1h | 231.13 | −0.082% | $42K | $131K | 5x | as long as short |
| QFEX NBIS-USD | +0.0041% | 1h | 231.25 | −0.030% | $1.5M | $3.8M | 10x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 231.09 | −0.099% | — | $222K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 231.13 | −0.082% | $137K | $473K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 231.52 | +0.086% | $151K | $544K | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0056% | 1h | 230.39 | −0.402% | $353K | $814K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0085% | 1h | 231.25 | −0.030% | $93 | $20K | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 231.07 | −0.108% | $476K | $20K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 231.20 | −0.052% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 231.15 | −0.071% | — | — | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0141% | 1h | 231.16 | −0.069% | $54.3M | $21.1M | 10x | as long as short |
| Nado NBIS-PERP | +0.0161% | 1h | 230.90 | −0.181% | $38K | $116K | 3x | as long as short |
| Phoenix NBIS | +0.0312% | 1h | 231.13 | −0.082% | $7K | $125K | 10x | as long as short |
| Lighter NBIS | +0.0360% | 1h | 231.30 | −0.009% | $932K | $4.0M | 10x | as long as short |
| Entropy io:NBIS | +0.0419% | 1h | 231.10 | −0.095% | $10.1M | $3.1M | 10x | as long as short |
| edgeX NBISUSDC | +0.0453% | 4h | 231.23 | −0.037% | $37K | $226K | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0540% | 1h | 231.13 | −0.080% | $23K | $15K | 20x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.1049% | 1h | 231.16 | −0.069% | $34K | $49K | 10x | as long as short |
HTX NBIS-USDT
Arcus NBIS-USD
QFEX NBIS-USD
Vest NBIS-USD-PERP
Polymarket Perps NBIS-USD
Ondo Perps NBIS-USD.P
Coinbase International NBIS-PERP-INTX
SoDEX NBIS-USD
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
tradeXYZ xyz:NBIS
Nado NBIS-PERP
Phoenix NBIS
Lighter NBIS
Entropy io:NBIS
edgeX NBISUSDC
Kraken Futures PF_NBISUSD
Deribit NBIS_USDC-PERPETUAL