Funding you earn now, next payment 12:00 UTC+0.0905%/8h= +99.1% APRpaid last 24h +0.177%
Price spread now: edgeX against Phemex+0.207%78s7-day average −0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1461.461% of the position
Funding, last 7 days+0.959%+$96 on $10k
+Price spread, last 4 days (all we have)+0.011%+$1 · spread now +0.207%, 7d avg −0.017%
=Together, before fees+0.970%+ Points / potential airdropedgeX: Active · farm board+$97 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$27 a day on $10k at the current rate, and edgeX is 0.224% dearer against Phemex than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of −0.017%. The two prices were read 78 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 | Phemex NBISUSDT | 229.11 | 0 | get 0.0000% / 8h | 7h 41m | $1.5M | $971K | 10x |
| Short | edgeX NBISUSDC | 229.58 | 0.0905 | get 0.0453% / 4h | 3h 41m | $37K | $228K | 10x |
Phemex NBISUSDT
edgeX NBISUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $190.08
- Price spread: +0.207% → −0.017%
- $22.4
- Slippage, 4 orders
- −$125.12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $66.36
- Costs to cover
- 1.461%
- Break-even
- 4.6 days
Slippage from Phemex: live order book, 1 min ago; edgeX: live order book, 55 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 | 2.62 bp | 69.0 bp −$69 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 55 min ago | 6.05 bp | 15.9 bp −$16 | doesn't fit | 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 | −0.0299% | 8h | 229.08 | −0.013% | $2.3M | $4.5M | 20x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | −0.0099% | 1h | 228.97 | −0.061% | $34K | $49K | 10x | as long as short |
| BloFin NBIS-USDT | −0.0028% | 8h | 229.39 | +0.122% | $203K | $213K | 20x | as long as short |
| Coinbase International NBIS-PERP-INTX | −0.0008% | 1h | 229.39 | +0.122% | $355K | $806K | 10x | as long as short |
| Aster NBISUSDT | 0.0000% | 8h | 229.22 | +0.047% | $83K | $313K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 229.00 | −0.050% | $147K | $877K | 10x | as long as short |
| Binance NBISUSDT | 0.0000% | 8h | 229.04 | −0.029% | $18.6M | $88.5M | 25x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 229.06 | −0.022% | $4.8M | $6.7M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 229.15 | +0.017% | $3.2M | $15.8M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 229.08 | −0.013% | $2.7M | $5.1M | 50x | as long as short |
Bitget NBISUSDT
Deribit NBIS_USDC-PERPETUAL
BloFin NBIS-USDT
Coinbase International NBIS-PERP-INTX
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni NBIS | 0.0000% | 8h | 229.08 | −0.014% | $2.8M | $576K | — | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 229.57 | +0.199% | $4K | $114K | 10x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 229.53 | +0.183% | $1K | $1.6M | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 229.52 | +0.179% | $15K | $57K | 20x | as long as short |
| Phemex NBISUSDTlong | 0.0000% | 8h | 229.11 | long leg | $1.5M | $971K | 10x | |
| Arcus NBIS-USD | +0.0040% | 1h | 228.98 | −0.057% | $42K | $124K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 229.01 | −0.044% | — | $224K | 5x | as long as short |
| tradeXYZ xyz:NBIS | +0.0050% | 1h | 228.97 | −0.061% | $53.4M | $21.4M | 10x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 229.00 | −0.048% | $136K | $466K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 229.09 | −0.009% | $69 | $20K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 229.31 | +0.087% | $148K | $539K | 10x | as long as short |
| QFEX NBIS-USD | +0.0064% | 1h | 229.13 | +0.009% | $1.5M | $3.7M | 10x | as long as short |
| Nado NBIS-PERP | +0.0071% | 1h | 229.17 | +0.027% | $38K | $116K | 3x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 229.06 | −0.022% | $471K | $52K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 229.03 | −0.035% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 228.98 | −0.058% | — | — | 10x | as long as short |
| Lighter NBIS | +0.0136% | 1h | 229.17 | +0.026% | $920K | $4.0M | 10x | as long as short |
| Phoenix NBIS | +0.0277% | 1h | 229.23 | +0.052% | $7K | $125K | 10x | as long as short |
| Entropy io:NBIS | +0.0350% | 1h | 229.29 | +0.079% | $10.0M | $3.1M | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0681% | 1h | 229.00 | −0.050% | $22K | $16K | 20x | as long as short |
| edgeX NBISUSDCshort | +0.0905% | 4h | 229.58 | +0.207% | $37K | $228K | 10x |
Variational Omni NBIS
GRVT NBIS_USDT_Perp
SunX NBIS-USDT
HTX NBIS-USDT
Arcus NBIS-USD
Vest NBIS-USD-PERP
tradeXYZ xyz:NBIS
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
Ondo Perps NBIS-USD.P
QFEX NBIS-USD
Nado NBIS-PERP
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
Lighter NBIS
Phoenix NBIS
Entropy io:NBIS
Kraken Futures PF_NBISUSD