NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0111%/8h= +12.1% APRnext payment +$0.14 per $10,000 · paid last 24h +0.016%

Price spread now: Deribit against QFEX+0.004%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on QFEX Short on Deribit

What this pair did over the last

the charts below follow

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: +$3 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	230.92	0.0029	pay 0.0004% / 1h	28m 46s	$1.5M	$3.9M	10x
Short	Deribit NBIS_USDC-PERPETUAL	230.93	0.0140	get 0.0017% / 1h	28m 46s	$34K	$49K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against QFEX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee QFEXbpFee DeribitbpOrdersPrice spread, now +0.004%Rate

Funding earned: $23.28
Price spread: +0.004% → 0.000%: $0.43
Slippage, 4 orders: no order book: not counted
Fee QFEX: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $6.71
Costs to cover: 0.170%
Break-even: 5.0 days

Slippage unknown: QFEX: live order book, 10 min ago; Deribit: 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 QFEX live order book, 10 min ago	2.16 bp	7.2 bp −$7	11.1 bp −$111	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: 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
Bitget NBISUSDT	−0.0405%	8h	230.70	−0.095%	$2.3M	$4.6M	20x	as long as short
BloFin NBIS-USDT	−0.0024%	8h	231.08	+0.069%	$206K	$205K	20x	as long as short
Aster NBISUSDT	0.0000%	8h	230.92	−0.001%	$84K	$311K	50x	as long as short
Extended NBIS-USD	0.0000%	1h	230.76	−0.070%	$144K	$753K	10x	as long as short
Binance NBISUSDT	0.0000%	8h	230.76	−0.071%	$18.4M	$86.5M	25x	as long as short
Bybit NBISUSDT	0.0000%	8h	230.72	−0.087%	$4.9M	$6.4M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	230.54	−0.165%	$3.3M	$16.0M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	230.59	−0.143%	$2.7M	$5.1M	50x	as long as short
Variational Omni NBIS	0.0000%	8h	230.59	−0.143%	$2.9M	$555K	—	as long as short
GRVT NBIS_USDT_Perp	0.0000%	8h	230.62	−0.130%	$5K	$118K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX NBIS-USDT	0.0000%	8h	230.70	−0.095%	$711	$1.6M	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	230.89	−0.013%	$15K	$61K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	230.83	−0.039%	$1.6M	$955K	10x	as long as short
Nado NBIS-PERP	+0.0015%	1h	230.87	−0.023%	$38K	$115K	3x	as long as short
QFEX NBIS-USDlong	+0.0029%	1h	230.92	long leg	$1.5M	$3.9M	10x
Arcus NBIS-USD	+0.0040%	1h	230.70	−0.095%	$42K	$132K	5x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	230.69	−0.100%	—	$219K	5x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	230.90	−0.009%	$137K	$473K	10x	as long as short
SoDEX NBIS-USD	+0.0050%	1h	230.85	−0.030%	$92	$20K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	230.75	−0.074%	$159K	$531K	10x	as long as short
tradeXYZ xyz:NBIS	+0.0067%	1h	230.70	−0.095%	$53.6M	$20.5M	10x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	230.80	−0.052%	$476K	$20K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	230.95	+0.013%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	230.92	+0.001%	—	—	10x	as long as short
Deribit NBIS_USDC-PERPETUALshort	+0.0140%	1h	230.93	+0.004%	$34K	$49K	10x
Coinbase International NBIS-PERP-INTX	+0.0168%	1h	230.62	−0.130%	$353K	$792K	10x	as long as short
Lighter NBIS	+0.0216%	1h	230.87	−0.022%	$924K	$3.9M	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0223%	1h	230.82	−0.042%	$23K	$15K	20x	as long as short
Phoenix NBIS	+0.0242%	1h	230.78	−0.061%	$7K	$150K	10x	as long as short
Entropy io:NBIS	+0.0317%	1h	230.87	−0.022%	$10.0M	$3.2M	10x	as long as short
edgeX NBISUSDC	+0.0817%	4h	230.62	−0.131%	$37K	$227K	10x	as long as short