Funding you earn now, next payment 08:00 UTC−0.0041%/8h= −4.5% APRpaid last 24h +0.046%
Price spread now: Gate against QFEX+0.013%7-day average +0.063% · 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−$52as in the Price arb table
costs, in and out, $10k−$470.475% of the position
Funding, last 4 days (all we have)−0.001%$0 on $10k
+Price spread, last 7 days+0.029%+$3 · spread now +0.013%, 7d avg +0.063%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.050% cheaper against QFEX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.063%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX NBIS-USD | 231.02 | 0.0041 | pay 0.0005% / 1h | 22m 34s | $1.5M | $3.7M | 10x |
| Short | Gate NBIS_USDT | 231.05 | 0 | get 0.0000% / 8h | 22m 34s | $2.7M | $5.2M | 50x |
QFEX NBIS-USD
Gate NBIS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$8.55
- Price spread: +0.013% → +0.063%
- −$5.02
- Slippage, 4 orders
- −$22.48
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$61.05
- Costs to cover
- 0.475%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 6 min ago; Gate: live order book, 1 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 | 1.95 bp | 6.9 bp −$7 | 9.7 bp −$97 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 1.95 bp | 12.7 bp −$13 | 109.4 bp −$1,094 | 297.3 bp −$29.7K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget NBISUSDT | −0.0410% | 8h | 231.12 | +0.043% | $2.3M | $4.6M | 20x | as long as short |
| Aster NBISUSDT | 0.0000% | 8h | 231.02 | −0.002% | $84K | $311K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 231.04 | +0.008% | $144K | $879K | 10x | as long as short |
| Binance NBISUSDT | 0.0000% | 8h | 231.04 | +0.007% | $18.8M | $87.9M | 25x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 231.02 | 0.000% | $4.9M | $6.8M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 231.01 | −0.004% | $3.3M | $16.0M | 25x | as long as short |
| Gate NBIS_USDTshort | 0.0000% | 8h | 231.05 | +0.013% | $2.7M | $5.2M | 50x | |
| Variational Omni NBIS | 0.0000% | 8h | 230.88 | −0.062% | $2.8M | $593K | — | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 230.90 | −0.052% | $4K | $115K | 10x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 230.75 | −0.117% | $1K | $1.6M | 10x | as long as short |
Bitget NBISUSDT
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Variational Omni NBIS
GRVT NBIS_USDT_Perp
SunX NBIS-USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX NBIS-USDT | 0.0000% | 8h | 230.94 | −0.035% | $15K | $57K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 230.87 | −0.065% | $1.6M | $969K | 10x | as long as short |
| BloFin NBIS-USDT | +0.0018% | 8h | 230.78 | −0.104% | $204K | $209K | 20x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 230.71 | −0.134% | $42K | $131K | 5x | as long as short |
| QFEX NBIS-USDlong | +0.0041% | 1h | 231.02 | long leg | $1.5M | $3.7M | 10x | |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 230.78 | −0.104% | — | $223K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 230.97 | −0.022% | $137K | $473K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 230.74 | −0.121% | $106 | $20K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 230.63 | −0.169% | $150K | $541K | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0056% | 1h | 230.39 | −0.273% | $353K | $805K | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 230.86 | −0.069% | $475K | $22K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 230.81 | −0.091% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 230.81 | −0.093% | — | — | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0106% | 1h | 230.89 | −0.056% | $54.1M | $21.2M | 10x | as long as short |
| Nado NBIS-PERP | +0.0168% | 1h | 230.95 | −0.030% | $38K | $116K | 3x | as long as short |
| Lighter NBIS | +0.0288% | 1h | 231.01 | −0.004% | $939K | $4.0M | 10x | as long as short |
| Phoenix NBIS | +0.0312% | 1h | 230.83 | −0.082% | $7K | $125K | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.0314% | 1h | 230.65 | −0.160% | $34K | $49K | 10x | as long as short |
| Entropy io:NBIS | +0.0402% | 1h | 230.90 | −0.052% | $10.1M | $3.1M | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0541% | 1h | 230.65 | −0.160% | $23K | $15K | 20x | as long as short |
| edgeX NBISUSDC | +0.0887% | 4h | 230.84 | −0.078% | $37K | $226K | 10x | as long as short |
HTX NBIS-USDT
Phemex NBISUSDT
BloFin NBIS-USDT
Arcus NBIS-USD
Vest NBIS-USD-PERP
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
Ondo Perps NBIS-USD.P
Coinbase International NBIS-PERP-INTX
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
tradeXYZ xyz:NBIS
Nado NBIS-PERP
Lighter NBIS
Phoenix NBIS
Deribit NBIS_USDC-PERPETUAL
Entropy io:NBIS
Kraken Futures PF_NBISUSD
edgeX NBISUSDC