Funding you earn now, next payment 02:00 UTC−0.0258%/8h= −28.2% APRnext payment −$0.32 per $10,000 · paid last 24h −0.087%
Price spread now: Ondo Perps against Phoenix−0.081%7-day average −0.127% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.434%−$43 on $10k
+Price spread, last 4 days (all we have)−0.265%−$26 · spread now −0.081%, 7d avg −0.127%
=Together, before fees−0.699%+ Points / potential airdropOndo Perps: Active · farm board−$70 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.046% dearer against Phoenix than usual: you sell high and buy low (spread −0.081% now, against its 7-day average of −0.127%): +$5 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 14 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix NBIS | 235.19 | 0.0308 | pay 0.0039% / 1h | 7m 07s | $7K | $150K | 10x |
| Short | Ondo Perps NBIS-USD.P | 235.00 | 0.0050 | get 0.0006% / 1h | 7m 07s | $164K | $499K | 10x |
Phoenix NBIS
Ondo Perps NBIS-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Phoenix. 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
- −$54.12
- Price spread: −0.081% → −0.127%
- $4.6
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$61.52
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Phoenix: live order book, 49 min ago; Ondo Perps: 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 Phoenix live order book, 49 min ago | 5.12 bp | 15.7 bp −$16 | 34.0 bp −$340 | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado NBIS-PERP | −0.0002% | 1h | 235.40 | +0.091% | $64K | $99K | 3x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 235.49 | +0.128% | $5.1M | $6.2M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 235.47 | +0.119% | $3.4M | $16.2M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 235.48 | +0.123% | $2.8M | $5.1M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 235.45 | +0.111% | $2.4M | $4.4M | 20x | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 235.28 | +0.038% | $5K | $120K | 10x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 235.52 | +0.140% | $1K | $1.7M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | 0.0000% | 1h | 235.39 | +0.085% | $35K | $48K | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 235.29 | +0.043% | $15K | $60K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 235.44 | +0.106% | $1.6M | $960K | 10x | as long as short |
Nado NBIS-PERP
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Bitget NBISUSDT
GRVT NBIS_USDT_Perp
SunX NBIS-USDT
Deribit NBIS_USDC-PERPETUAL
HTX NBIS-USDT
Phemex NBISUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX NBIS-USD | +0.0023% | 1h | 235.41 | +0.094% | $1.5M | $4.2M | 10x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 235.14 | −0.021% | $43K | $132K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 235.66 | +0.200% | — | $215K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 235.39 | +0.085% | $150K | $453K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 235.43 | +0.102% | $66 | $20K | 10x | as long as short |
| Ondo Perps NBIS-USD.Pshort | +0.0050% | 1h | 235.00 | −0.081% | $164K | $499K | 10x | |
| tradeXYZ xyz:NBIS | +0.0073% | 1h | 235.37 | +0.077% | $55.2M | $19.6M | 10x | as long as short |
| Variational Omni NBIS | +0.0085% | 8h | 235.11 | −0.034% | $2.9M | $566K | — | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 235.24 | +0.021% | $484K | $21K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 235.48 | +0.123% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 235.45 | +0.111% | — | — | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0104% | 1h | 235.35 | +0.068% | $389K | $725K | 10x | as long as short |
| Aster NBISUSDT | +0.0118% | 8h | 235.43 | +0.102% | $81K | $307K | 50x | as long as short |
| Extended NBIS-USD | +0.0120% | 1h | 235.42 | +0.098% | $147K | $706K | 10x | as long as short |
| BloFin NBIS-USDT | +0.0123% | 8h | 235.44 | +0.106% | $206K | $205K | 20x | as long as short |
| Binance NBISUSDT | +0.0123% | 8h | 235.48 | +0.123% | $19.2M | $84.4M | 25x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0151% | 1h | 235.25 | +0.027% | $24K | $15K | 20x | as long as short |
| Lighter NBIS | +0.0272% | 1h | 235.50 | +0.132% | $901K | $4.3M | 10x | as long as short |
| Phoenix NBISlong | +0.0308% | 1h | 235.19 | long leg | $7K | $150K | 10x | |
| Entropy io:NBIS | +0.0527% | 1h | 235.33 | +0.060% | $10.2M | $3.3M | 10x | as long as short |
| edgeX NBISUSDC | +0.0729% | 4h | 235.26 | +0.028% | $38K | $226K | 10x | as long as short |
QFEX NBIS-USD
Arcus NBIS-USD
Vest NBIS-USD-PERP
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
tradeXYZ xyz:NBIS
Variational Omni NBIS
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
Coinbase International NBIS-PERP-INTX
Aster NBISUSDT
Extended NBIS-USD
BloFin NBIS-USDT
Binance NBISUSDT
Kraken Futures PF_NBISUSD
Lighter NBIS
Entropy io:NBIS
edgeX NBISUSDC