Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.023%
Price spread now: GRVT against Phemex+0.222%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$1221.217% of the position
Funding, last 7 days+0.136%+$14 on $10k
+Price spread, last 4 days (all we have)−0.173%−$17 · spread now +0.222%, 7d avg −0.012%
=Together, before fees−0.037%+ Points / potential airdropGRVT: Active · farm board−$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.234% dearer against Phemex than usual: you sell high and buy low, +$23 on $10k if it goes back to its 7-day average of −0.012%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex NBISUSDT | 233.93 | 0 | get 0.0000% / 8h | 3h 48m | $1.6M | $953K | 10x |
| Short | GRVT NBIS_USDT_Perp | 234.45 | 0 | get 0.0000% / 8h | 3h 48m | $4K | $120K | 10x |
Phemex NBISUSDT
GRVT NBIS_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- $0
- Price spread: +0.222% → −0.012%
- $23.36
- Slippage, 4 orders
- −$100.74
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$98.39
- Costs to cover
- 1.217%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 4 min ago; GRVT: live order book, 64 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, 4 min ago | 2.99 bp | 64.3 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 64 min ago | 1.91 bp | 9.6 bp −$10 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit NBISUSDT | 0.0000% | 8h | 234.26 | +0.141% | $5.0M | $6.3M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 234.25 | +0.137% | $3.4M | $16.2M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 234.18 | +0.107% | $2.8M | $5.0M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 234.25 | +0.137% | $2.4M | $4.4M | 20x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 234.15 | +0.096% | $2.9M | $558K | — | as long as short |
| GRVT NBIS_USDT_Perpshort | 0.0000% | 8h | 234.45 | +0.222% | $4K | $120K | 10x | |
| SunX NBIS-USDT | 0.0000% | 8h | 233.96 | +0.013% | $1K | $1.7M | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 234.17 | +0.103% | $15K | $60K | 20x | as long as short |
| Phemex NBISUSDTlong | 0.0000% | 8h | 233.93 | long leg | $1.6M | $953K | 10x | |
| Aster NBISUSDT | +0.0002% | 8h | 234.41 | +0.203% | $79K | $310K | 50x | as long as short |
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Bitget NBISUSDT
Variational Omni NBIS
SunX NBIS-USDT
HTX NBIS-USDT
Aster NBISUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance NBISUSDT | +0.0004% | 8h | 234.18 | +0.107% | $19.3M | $84.6M | 25x | as long as short |
| Extended NBIS-USD | +0.0008% | 1h | 234.05 | +0.052% | $147K | $699K | 10x | as long as short |
| BloFin NBIS-USDT | +0.0027% | 8h | 234.04 | +0.047% | $207K | $206K | 20x | as long as short |
| QFEX NBIS-USD | +0.0034% | 1h | 234.18 | +0.107% | $1.5M | $4.1M | 10x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 233.98 | +0.021% | $42K | $132K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 234.28 | +0.150% | — | $216K | 5x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0049% | 1h | 233.77 | −0.070% | $23K | $15K | 20x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 234.11 | +0.077% | $147K | $456K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 233.83 | −0.043% | $75 | $21K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 233.88 | −0.021% | $160K | $501K | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0056% | 1h | 234.03 | +0.043% | $54.6M | $19.9M | 10x | as long as short |
| Nado NBIS-PERP | +0.0070% | 1h | 234.05 | +0.053% | $38K | $115K | 3x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.0092% | 1h | 233.91 | −0.009% | $35K | $49K | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 233.85 | −0.034% | $482K | $20K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 233.88 | −0.021% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 233.87 | −0.025% | — | — | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0104% | 1h | 235.56 | +0.697% | $389K | $724K | 10x | as long as short |
| Phoenix NBIS | +0.0239% | 1h | 234.02 | +0.038% | $7K | $150K | 10x | as long as short |
| Lighter NBIS | +0.0248% | 1h | 234.21 | +0.120% | $907K | $3.9M | 10x | as long as short |
| Entropy io:NBIS | +0.0284% | 1h | 234.10 | +0.073% | $10.2M | $3.2M | 10x | as long as short |
| edgeX NBISUSDC | +0.0306% | 4h | 234.38 | +0.190% | $38K | $226K | 10x | as long as short |
Binance NBISUSDT
Extended NBIS-USD
BloFin NBIS-USDT
QFEX NBIS-USD
Arcus NBIS-USD
Vest NBIS-USD-PERP
Kraken Futures PF_NBISUSD
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
Ondo Perps NBIS-USD.P
tradeXYZ xyz:NBIS
Nado NBIS-PERP
Deribit NBIS_USDC-PERPETUAL
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
Coinbase International NBIS-PERP-INTX
Phoenix NBIS
Lighter NBIS
Entropy io:NBIS
edgeX NBISUSDC