Funding you earn now, next payment 04:00 UTC−0.0012%/8h= −1.3% APRnext payment −$0.01 per $10,000 · paid last 24h −0.004%
Price spread now: QFEX against Polymarket Perps+0.013%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$330.327% of the position
Funding, last 4 days (all we have)+0.015%+$2 on $10k
+Price spread, last 4 days (all we have)−0.124%−$12 · spread now +0.013%, 7d avg −0.006%
=The price spread sits at its 7-day average of −0.006%, so right now this pair is about funding alone: $0 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 | 235.32 | 0.0050 | pay 0.0006% / 1h | 18m 44s | $149K | $453K | 10x |
| Short | QFEX NBIS-USD | 235.35 | 0.0038 | get 0.0005% / 1h | 18m 44s | $1.5M | $4.2M | 10x |
Polymarket Perps NBIS-USD
QFEX NBIS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$2.47
- Price spread: +0.013% → −0.006%
- $1.83
- Slippage, 4 orders
- −$14.67
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$33.31
- Costs to cover
- 0.327%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 39 min ago; QFEX: live order book, 5 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 Polymarket Perps live order book, 39 min ago | 2.12 bp | 7.8 bp −$8 | 8.2 bp −$82 | 29.4 bp −$2,937 | doesn't fit |
| Sell QFEX live order book, 5 min ago | 2.55 bp | 9.2 bp −$9 | 13.1 bp −$131 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado NBIS-PERP | −0.0090% | 1h | 235.27 | −0.019% | $38K | $115K | 3x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 235.46 | +0.059% | $5.0M | $6.2M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 235.31 | −0.004% | $3.4M | $16.2M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 235.37 | +0.021% | $2.8M | $5.0M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 235.36 | +0.017% | $2.4M | $4.4M | 20x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 235.53 | +0.088% | $2.9M | $562K | — | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 235.52 | +0.086% | $5K | $120K | 10x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 235.50 | +0.076% | $1K | $1.7M | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 235.41 | +0.038% | $15K | $60K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 235.37 | +0.021% | $1.6M | $955K | 10x | as long as short |
Nado NBIS-PERP
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Bitget NBISUSDT
Variational Omni NBIS
GRVT NBIS_USDT_Perp
SunX NBIS-USDT
HTX NBIS-USDT
Phemex NBISUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX NBIS-USDshort | +0.0038% | 1h | 235.35 | +0.013% | $1.5M | $4.2M | 10x | |
| Arcus NBIS-USD | +0.0040% | 1h | 235.30 | −0.008% | $43K | $132K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 235.67 | +0.149% | — | $216K | 5x | as long as short |
| Aster NBISUSDT | +0.0046% | 8h | 235.34 | +0.009% | $79K | $310K | 50x | as long as short |
| Extended NBIS-USD | +0.0048% | 1h | 235.31 | −0.005% | $150K | $701K | 10x | as long as short |
| Binance NBISUSDT | +0.0049% | 8h | 235.35 | +0.013% | $19.4M | $84.5M | 25x | as long as short |
| tradeXYZ xyz:NBIS | +0.0050% | 1h | 235.25 | −0.030% | $54.8M | $19.8M | 10x | as long as short |
| Polymarket Perps NBIS-USDlong | +0.0050% | 1h | 235.32 | long leg | $149K | $453K | 10x | |
| SoDEX NBIS-USD | +0.0050% | 1h | 235.34 | +0.008% | $38 | $21K | 10x | as long as short |
| BloFin NBIS-USDT | +0.0050% | 8h | 235.39 | +0.030% | $207K | $205K | 20x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 235.54 | +0.093% | $161K | $503K | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0056% | 1h | 235.56 | +0.102% | $389K | $724K | 10x | as long as short |
| edgeX NBISUSDC | +0.0095% | 4h | 235.47 | +0.065% | $38K | $226K | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 235.18 | −0.059% | $485K | $21K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 235.40 | +0.034% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 235.36 | +0.017% | — | — | 10x | as long as short |
| Lighter NBIS | +0.0112% | 1h | 235.42 | +0.042% | $903K | $4.1M | 10x | as long as short |
| Phoenix NBIS | +0.0272% | 1h | 235.43 | +0.047% | $7K | $150K | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.0345% | 1h | 235.33 | +0.004% | $35K | $48K | 10x | as long as short |
| Entropy io:NBIS | +0.0408% | 1h | 235.37 | +0.021% | $10.2M | $3.2M | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0477% | 1h | 235.35 | +0.011% | $24K | $15K | 20x | as long as short |
Arcus NBIS-USD
Vest NBIS-USD-PERP
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
tradeXYZ xyz:NBIS
SoDEX NBIS-USD
BloFin NBIS-USDT
Ondo Perps NBIS-USD.P
Coinbase International NBIS-PERP-INTX
edgeX NBISUSDC
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
Lighter NBIS
Phoenix NBIS
Deribit NBIS_USDC-PERPETUAL
Entropy io:NBIS
Kraken Futures PF_NBISUSD