Funding you earn now, next payment 04:00 UTC+0.0369%/8h= +40.5% APRnext payment +$0.46 per $10,000 · paid last 24h +0.127%
Price spread now: Entropy against QFEX+0.034%7-day average +0.073% · 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)+0.162%+$16 on $10k
+Price spread, last 7 days+0.054%+$5 · spread now +0.034%, 7d avg +0.073%
=Funding pays, the price is against you. Entropy is 0.039% cheaper against QFEX than usual: you would sell low and buy high (spread +0.034% now, against its 7-day average of +0.073%). If the spread goes back, that is −$4 on $10k: about 8 hours of funding at the current rate (+$11 a day). At the pace of the last 4 days (+0.162% in total) that is about 21 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX NBIS-USD | 235.29 | 0.0038 | pay 0.0005% / 1h | 17m 56s | $1.5M | $4.2M | 10x |
| Short | Entropy io:NBIS | 235.37 | 0.0408 | get 0.0051% / 1h | 17m 56s | $10.2M | $3.2M | 10x |
QFEX NBIS-USD
Entropy io:NBISFunding history
latest
Range statsloading…
Price spread between the two exchanges
Entropy 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
- $77.59
- Price spread: +0.034% → +0.073%
- −$3.91
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Entropy: 9 bp × 2 orders
- −$18
- Net
- $45.68
- Costs to cover
- 0.280%
- Break-even
- 2.9 days
Slippage unknown: QFEX: live order book, 6 min ago; Entropy: live order book, 7 min ago. 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, 6 min ago | 2.55 bp | 9.6 bp −$10 | 15.3 bp −$153 | doesn't fit | doesn't fit |
| Sell Entropy live order book, 7 min ago | 1.49 bp | 14.1 bp −$14 | doesn't fit | 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 | −0.0088% | 1h | 235.26 | −0.013% | $38K | $115K | 3x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 235.49 | +0.085% | $5.0M | $6.2M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 235.36 | +0.030% | $3.4M | $16.2M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 235.37 | +0.034% | $2.8M | $5.0M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 235.38 | +0.038% | $2.4M | $4.4M | 20x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 235.53 | +0.100% | $2.9M | $562K | — | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 235.52 | +0.099% | $5K | $120K | 10x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 235.36 | +0.030% | $1K | $1.7M | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 235.41 | +0.051% | $15K | $60K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 235.41 | +0.051% | $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-USDlong | +0.0038% | 1h | 235.29 | long leg | $1.5M | $4.2M | 10x | |
| Arcus NBIS-USD | +0.0040% | 1h | 235.27 | −0.009% | $43K | $132K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 235.62 | +0.140% | — | $216K | 5x | as long as short |
| Aster NBISUSDT | +0.0046% | 8h | 235.34 | +0.021% | $79K | $310K | 50x | as long as short |
| Extended NBIS-USD | +0.0048% | 1h | 235.31 | +0.007% | $150K | $701K | 10x | as long as short |
| Binance NBISUSDT | +0.0049% | 8h | 235.37 | +0.034% | $19.4M | $84.5M | 25x | as long as short |
| tradeXYZ xyz:NBIS | +0.0050% | 1h | 235.29 | 0.000% | $54.8M | $19.8M | 10x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 235.26 | −0.013% | $149K | $453K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 235.30 | +0.004% | $38 | $21K | 10x | as long as short |
| BloFin NBIS-USDT | +0.0050% | 8h | 235.39 | +0.043% | $207K | $205K | 20x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 235.54 | +0.106% | $161K | $503K | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0056% | 1h | 235.56 | +0.115% | $389K | $724K | 10x | as long as short |
| edgeX NBISUSDC | +0.0095% | 4h | 235.47 | +0.078% | $38K | $226K | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 235.18 | −0.047% | $485K | $21K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 235.33 | +0.017% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 235.32 | +0.013% | — | — | 10x | as long as short |
| Lighter NBIS | +0.0112% | 1h | 235.44 | +0.064% | $903K | $4.1M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.0218% | 1h | 235.31 | +0.009% | $35K | $48K | 10x | as long as short |
| Phoenix NBIS | +0.0272% | 1h | 235.43 | +0.060% | $7K | $150K | 10x | as long as short |
| Entropy io:NBISshort | +0.0408% | 1h | 235.37 | +0.034% | $10.2M | $3.2M | 10x | |
| Kraken Futures PF_NBISUSD | +0.0477% | 1h | 235.30 | +0.003% | $24K | $15K | 20x | as long as short |
Arcus NBIS-USD
Vest NBIS-USD-PERP
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
tradeXYZ xyz:NBIS
Polymarket Perps NBIS-USD
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
Deribit NBIS_USDC-PERPETUAL
Phoenix NBIS
Kraken Futures PF_NBISUSD