Funding you earn now, next payment 00:00 UTC+0.0218%/8h= +23.9% APRnext payment +$0.27 per $10,000 · paid last 24h +0.015%
Price spread now: Arcus against QFEX+0.009%7-day average −0.003% · 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−$320.321% of the position
Funding, last 3 days (all we have)+0.138%+$14 on $10k
+Price spread, last 4 days (all we have)−0.012%−$1 · spread now +0.009%, 7d avg −0.003%
=The price spread sits at its 7-day average of −0.003%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX NBIS-USD | 234.75 | 0.0051 | pay 0.0006% / 1h | 22m 07s | $1.5M | $5.2M | 10x |
| Short | Arcus NBIS-USD | 234.77 | 0.0269 | get 0.0034% / 1h | 22m 07s | $44K | $134K | 5x |
QFEX NBIS-USD
Arcus NBIS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against QFEX. 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
- $45.78
- Price spread: +0.009% → −0.003%
- $1.19
- Slippage, 4 orders
- −$17.6
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- $14.87
- Costs to cover
- 0.321%
- Break-even
- 4.7 days
Slippage from QFEX: live order book, 6 min ago; Arcus: live order book, 56 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 QFEX live order book, 6 min ago | 1.92 bp | 8.5 bp −$9 | 11.2 bp −$112 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 56 min ago | 4.06 bp | 8.4 bp −$8 | 12.3 bp −$123 | 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 | 234.80 | +0.021% | $5.2M | $6.5M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 234.92 | +0.072% | $3.4M | $17.1M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 234.83 | +0.034% | $2.8M | $5.3M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 234.87 | +0.051% | $2.5M | $4.8M | 20x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 234.78 | +0.013% | $1K | $1.8M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | 0.0000% | 1h | 234.70 | −0.021% | $35K | $48K | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | 0.0000% | 1h | 233.76 | −0.422% | $358K | $676K | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 234.82 | +0.030% | $15K | $115K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 234.91 | +0.068% | $1.6M | $973K | 10x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 235.00 | +0.106% | — | $234K | 5x | as long as short |
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Bitget NBISUSDT
SunX NBIS-USDT
Deribit NBIS_USDC-PERPETUAL
Coinbase International NBIS-PERP-INTX
HTX NBIS-USDT
Phemex NBISUSDT
Vest NBIS-USD-PERPShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 234.84 | +0.038% | $149K | $723K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 234.83 | +0.034% | $28 | $20K | 10x | as long as short |
| QFEX NBIS-USDlong | +0.0051% | 1h | 234.75 | long leg | $1.5M | $5.2M | 10x | |
| KuCoin NBISUSDTM | +0.0100% | 8h | 234.61 | −0.060% | $484K | $25K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 234.79 | +0.017% | $2K | $3K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0102% | 1h | 234.65 | −0.043% | $174K | $499K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 234.85 | +0.041% | — | — | 10x | as long as short |
| Nado NBIS-PERP | +0.0195% | 1h | 234.68 | −0.032% | $28K | $63K | 3x | as long as short |
| Variational Omni NBIS | +0.0218% | 8h | 234.82 | +0.029% | $2.9M | $822K | — | as long as short |
| Aster NBISUSDT | +0.0235% | 8h | 234.57 | −0.075% | $79K | $306K | 50x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0248% | 1h | 234.55 | −0.087% | $24K | $14K | 20x | as long as short |
| GRVT NBIS_USDT_Perp | +0.0252% | 8h | 234.83 | +0.034% | $5K | $139K | 10x | as long as short |
| Binance NBISUSDT | +0.0253% | 8h | 234.85 | +0.041% | $19.4M | $86.5M | 25x | as long as short |
| Extended NBIS-USD | +0.0256% | 1h | 234.81 | +0.027% | $144K | $699K | 10x | as long as short |
| BloFin NBIS-USDT | +0.0267% | 8h | 234.83 | +0.034% | $207K | $214K | 20x | as long as short |
| Arcus NBIS-USDshort | +0.0269% | 1h | 234.77 | +0.009% | $44K | $134K | 5x | |
| tradeXYZ xyz:NBIS | +0.0305% | 1h | 234.84 | +0.038% | $54.8M | $23.4M | 10x | as long as short |
| Phoenix NBIS | +0.0376% | 1h | 235.05 | +0.128% | $7K | $163K | 10x | as long as short |
| Lighter NBIS | +0.0384% | 1h | 234.96 | +0.089% | $933K | $4.6M | 10x | as long as short |
| edgeX NBISUSDC | +0.0431% | 4h | 234.77 | +0.007% | $38K | $234K | 10x | as long as short |
| Entropy io:NBIS | +0.0484% | 1h | 234.80 | +0.021% | $10.3M | $3.4M | 10x | as long as short |
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Ondo Perps NBIS-USD.P
Aevo NBIS-PERP
Nado NBIS-PERP
Variational Omni NBIS
Aster NBISUSDT
Kraken Futures PF_NBISUSD
GRVT NBIS_USDT_Perp
Binance NBISUSDT
Extended NBIS-USD
BloFin NBIS-USDT
tradeXYZ xyz:NBIS
Phoenix NBIS
Lighter NBIS
edgeX NBISUSDC
Entropy io:NBIS