Funding you earn now, next payment 02:00 UTC+0.0046%/8h= +5.0% APRnext payment +$0.06 per $10,000 · paid last 24h +0.095%
Price spread now: Kraken Futures against Polymarket Perps+0.006%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps NBIS-USD | 233.90 | 0.0050 | pay 0.0006% / 1h | 19m 16s | $149K | $453K | 10x |
| Short | Kraken Futures PF_NBISUSD | 233.91 | 0.0096 | get 0.0012% / 1h | 19m 16s | $24K | $15K | 20x |
Polymarket Perps NBIS-USD
Kraken Futures PF_NBISUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Polymarket Perps. 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
- $9.58
- Price spread: +0.006% → 0.000%
- $0.59
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$7.83
- Costs to cover
- 0.180%
- Break-even
- 12.7 days
Slippage unknown: Polymarket Perps: live order book, 48 min ago; Kraken Futures: 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 Polymarket Perps live order book, 48 min ago | 1.91 bp | 6.1 bp −$6 | 7.8 bp −$78 | 29.7 bp −$2,973 | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Kraken Futures: 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 30 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit NBIS_USDC-PERPETUAL | −0.0135% | 1h | 233.93 | +0.013% | $35K | $48K | 10x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 234.01 | +0.047% | $5.1M | $6.3M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 234.09 | +0.081% | $3.4M | $16.4M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 234.08 | +0.077% | $2.8M | $5.0M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 234.03 | +0.056% | $2.4M | $4.5M | 20x | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 234.22 | +0.136% | $5K | $129K | 10x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 234.08 | +0.077% | $1K | $1.7M | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 234.04 | +0.060% | $15K | $60K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 234.08 | +0.077% | $1.6M | $972K | 10x | as long as short |
| QFEX NBIS-USD | +0.0024% | 1h | 234.01 | +0.047% | $1.5M | $4.6M | 10x | as long as short |
Deribit NBIS_USDC-PERPETUAL
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Bitget NBISUSDT
GRVT NBIS_USDT_Perp
SunX NBIS-USDT
HTX NBIS-USDT
Phemex NBISUSDT
QFEX NBIS-USDShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus NBIS-USD | +0.0040% | 1h | 234.02 | +0.051% | $42K | $132K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 234.21 | +0.133% | — | $215K | 5x | as long as short |
| Polymarket Perps NBIS-USDlong | +0.0050% | 1h | 233.90 | long leg | $149K | $453K | 10x | |
| SoDEX NBIS-USD | +0.0050% | 1h | 234.05 | +0.064% | $61 | $20K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 234.27 | +0.158% | $164K | $499K | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0059% | 1h | 233.92 | +0.009% | $54.6M | $20.0M | 10x | as long as short |
| Nado NBIS-PERP | +0.0081% | 1h | 234.06 | +0.069% | $67K | $95K | 3x | as long as short |
| Kraken Futures PF_NBISUSDshort | +0.0096% | 1h | 233.91 | +0.006% | $24K | $15K | 20x | |
| KuCoin NBISUSDTM | +0.0100% | 8h | 234.05 | +0.064% | $482K | $21K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 234.05 | +0.064% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 234.04 | +0.060% | — | — | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0112% | 1h | 233.89 | −0.004% | $383K | $714K | 10x | as long as short |
| Variational Omni NBIS | +0.0184% | 8h | 234.12 | +0.095% | $2.8M | $571K | — | as long as short |
| Aster NBISUSDT | +0.0196% | 8h | 234.24 | +0.146% | $81K | $314K | 50x | as long as short |
| Extended NBIS-USD | +0.0208% | 1h | 234.01 | +0.046% | $150K | $701K | 10x | as long as short |
| Binance NBISUSDT | +0.0212% | 8h | 234.04 | +0.061% | $19.2M | $84.8M | 25x | as long as short |
| Lighter NBIS | +0.0240% | 1h | 234.09 | +0.081% | $904K | $4.4M | 10x | as long as short |
| Phoenix NBIS | +0.0306% | 1h | 234.33 | +0.184% | $7K | $152K | 10x | as long as short |
| Entropy io:NBIS | +0.0415% | 1h | 234.15 | +0.107% | $10.2M | $3.3M | 10x | as long as short |
| edgeX NBISUSDC | +0.0474% | 4h | 234.10 | +0.088% | $38K | $226K | 10x | as long as short |
Arcus NBIS-USD
Vest NBIS-USD-PERP
SoDEX NBIS-USD
Ondo Perps NBIS-USD.P
tradeXYZ xyz:NBIS
Nado NBIS-PERP
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
Coinbase International NBIS-PERP-INTX
Variational Omni NBIS
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
Lighter NBIS
Phoenix NBIS
Entropy io:NBIS
edgeX NBISUSDC