Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.053%
Price spread now: tradeXYZ against Polymarket Perps−0.128%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$12as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$360.360% of the position
Funding, last 7 days+0.239%+$24 on $10k
+Price spread, last 4 days (all we have)+0.032%+$3 · spread now −0.128%, 7d avg +0.008%
=Together, before fees+0.271%+ Points / potential airdroptradeXYZ: Active · farm board+$27 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: tradeXYZ is 0.136% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of +0.008%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps NBIS-USD | 234.02 | 0.0050 | pay 0.0006% / 1h | 41m 42s | $147K | $456K | 10x |
| Short | tradeXYZ xyz:NBIS | 233.72 | 0.0050 | get 0.0006% / 1h | 41m 42s | $54.5M | $20.0M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $0
- Price spread: −0.128% → +0.008%
- −$13.59
- Slippage, 4 orders
- −$9.96
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$49.55
- Costs to cover
- 0.360%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 11 min ago; tradeXYZ: live order book, 8 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, 11 min ago | 2.56 bp | 6.6 bp −$7 | 7.3 bp −$73 | 33.0 bp −$3,295 | doesn't fit |
| Sell tradeXYZ live order book, 8 min ago | 1.07 bp | 10.9 bp −$11 | 13.8 bp −$138 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NBISUSDT | 0.0000% | 8h | 234.25 | +0.100% | $79K | $310K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 233.95 | −0.032% | $147K | $699K | 10x | as long as short |
| Binance NBISUSDT | 0.0000% | 8h | 233.75 | −0.115% | $19.2M | $84.6M | 25x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 233.98 | −0.017% | $5.0M | $6.3M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 233.79 | −0.098% | $3.4M | $16.1M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 234.06 | +0.017% | $2.7M | $5.0M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 233.97 | −0.021% | $2.4M | $4.4M | 20x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 234.44 | +0.179% | $2.9M | $557K | — | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 234.45 | +0.183% | $4K | $120K | 10x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 234.22 | +0.085% | $850 | $1.7M | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX NBIS-USDT | 0.0000% | 8h | 234.45 | +0.184% | $15K | $60K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 234.15 | +0.056% | $1.6M | $954K | 10x | as long as short |
| BloFin NBIS-USDT | +0.0009% | 8h | 234.21 | +0.081% | $207K | $206K | 20x | as long as short |
| QFEX NBIS-USD | +0.0034% | 1h | 234.10 | +0.034% | $1.5M | $4.0M | 10x | as long as short |
| Nado NBIS-PERP | +0.0036% | 1h | 234.01 | −0.006% | $38K | $115K | 3x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 234.11 | +0.038% | $42K | $132K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 234.28 | +0.111% | — | $216K | 5x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0048% | 1h | 234.07 | +0.021% | $23K | $15K | 20x | as long as short |
| tradeXYZ xyz:NBISshort | +0.0050% | 1h | 233.72 | −0.128% | $54.5M | $20.0M | 10x | |
| Polymarket Perps NBIS-USDlong | +0.0050% | 1h | 234.02 | long leg | $147K | $456K | 10x | |
| SoDEX NBIS-USD | +0.0050% | 1h | 234.09 | +0.030% | $84 | $21K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 234.18 | +0.068% | $160K | $502K | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 233.99 | −0.013% | $482K | $20K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 234.08 | +0.026% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 234.07 | +0.023% | — | — | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0104% | 1h | 235.56 | +0.658% | $389K | $724K | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.0220% | 1h | 234.06 | +0.017% | $35K | $49K | 10x | as long as short |
| Lighter NBIS | +0.0224% | 1h | 233.82 | −0.085% | $912K | $3.9M | 10x | as long as short |
| Phoenix NBIS | +0.0239% | 1h | 234.36 | +0.145% | $7K | $150K | 10x | as long as short |
| Entropy io:NBIS | +0.0309% | 1h | 234.00 | −0.009% | $10.2M | $3.2M | 10x | as long as short |
| edgeX NBISUSDC | +0.0720% | 4h | 234.32 | +0.130% | $38K | $227K | 10x | as long as short |
Polymarket Perps NBIS-USD
tradeXYZ xyz:NBIS
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
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 NBISUSDT
BloFin NBIS-USDT
Kraken Futures PF_NBISUSD
SoDEX NBIS-USD
KuCoin NBISUSDTM
Coinbase International NBIS-PERP-INTX
Deribit NBIS_USDC-PERPETUAL
Lighter NBIS
Phoenix NBIS
edgeX NBISUSDC