Funding you earn now, next payment 01:00 UTC+0.0062%/8h= +6.8% APRpaid last 24h +0.018%
Price spread now: Orderly against QFEX−0.025%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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
Funding pays, the price is against you. Orderly is 0.025% cheaper against QFEX than usual: you would sell low and buy high (spread −0.025% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 33 hours of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX NBIS-USD | 236.33 | 0.0038 | pay 0.0005% / 1h | 27m 51s | $1.5M | $5.0M | 10x |
| Short | Orderly PERP_NBIS_USDC_mythos | 236.27 | 0.0100 | get 0.0100% / 8h | 7h 27m | $2K | $3K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $12.97
- Price spread: −0.025% → 0.000%
- −$2.54
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$5.57
- Costs to cover
- 0.160%
- Break-even
- 10.0 days
Slippage unknown: QFEX: live order book, 6 min ago; Orderly: 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, 6 min ago | 2.34 bp | 8.5 bp −$9 | 12.2 bp −$122 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NBISUSD | −0.0178% | 1h | 236.18 | −0.066% | $24K | $15K | 20x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 236.11 | −0.093% | $3.4M | $16.8M | 25x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 236.28 | −0.021% | $1K | $1.7M | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 235.80 | −0.224% | $15K | $112K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 236.22 | −0.047% | $1.6M | $972K | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.0004% | 1h | 236.14 | −0.080% | $35K | $48K | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0016% | 1h | 236.05 | −0.118% | $386K | $739K | 10x | as long as short |
| QFEX NBIS-USDlong | +0.0038% | 1h | 236.33 | long leg | $1.5M | $5.0M | 10x | |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 236.49 | +0.068% | — | $224K | 5x | as long as short |
| Gate NBIS_USDT | +0.0048% | 8h | 236.17 | −0.068% | $2.8M | $5.1M | 50x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 235.64 | −0.292% | $175K | $504K | 10x | as long as short |
| Bitget NBISUSDT | +0.0070% | 8h | 236.20 | −0.055% | $2.5M | $4.6M | 20x | as long as short |
| Bybit NBISUSDT | +0.0094% | 8h | 236.18 | −0.063% | $5.1M | $6.5M | 50x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 235.95 | −0.161% | $487K | $23K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythosshort | +0.0100% | 8h | 236.27 | −0.025% | $2K | $3K | 10x | |
| Aevo NBIS-PERP | +0.0104% | 1h | 236.22 | −0.047% | — | — | 10x | as long as short |
| Nado NBIS-PERP | +0.0191% | 1h | 236.25 | −0.034% | $31K | $66K | 3x | as long as short |
| SoDEX NBIS-USD | +0.0192% | 1h | 236.14 | −0.080% | $52 | $20K | 10x | as long as short |
| Variational Omni NBIS | +0.0230% | 8h | 235.75 | −0.246% | $2.9M | $820K | — | as long as short |
| BloFin NBIS-USDT | +0.0241% | 8h | 236.13 | −0.085% | $207K | $212K | 20x | as long as short |
| Aster NBISUSDT | +0.0248% | 8h | 235.97 | −0.153% | $82K | $308K | 50x | as long as short |
| Extended NBIS-USD | +0.0264% | 1h | 236.18 | −0.064% | $151K | $905K | 10x | as long as short |
| Binance NBISUSDT | +0.0268% | 8h | 236.24 | −0.037% | $19.7M | $85.7M | 25x | as long as short |
| Lighter NBIS | +0.0328% | 1h | 236.25 | −0.034% | $929K | $4.5M | 10x | as long as short |
| Polymarket Perps NBIS-USD | +0.0357% | 1h | 236.39 | +0.025% | $136K | $433K | 10x | as long as short |
| Arcus NBIS-USD | +0.0366% | 1h | 235.75 | −0.245% | $44K | $132K | 5x | as long as short |
| Phoenix NBIS | +0.0409% | 1h | 236.14 | −0.080% | $7K | $163K | 10x | as long as short |
| GRVT NBIS_USDT_Perp | +0.0435% | 8h | 235.71 | −0.263% | $5K | $133K | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0455% | 1h | 236.08 | −0.106% | $55.3M | $23.7M | 10x | as long as short |
| edgeX NBISUSDC | +0.0550% | 4h | 235.72 | −0.256% | $38K | $229K | 10x | as long as short |
| Entropy io:NBIS | +0.0905% | 1h | 235.92 | −0.173% | $10.3M | $3.4M | 10x | as long as short |
Kraken Futures PF_NBISUSD
OKX NBIS-USDT-SWAP
SunX NBIS-USDT
HTX NBIS-USDT
Phemex NBISUSDT
Deribit NBIS_USDC-PERPETUAL
Coinbase International NBIS-PERP-INTX
Gate NBIS_USDT
Bitget NBISUSDT
Bybit NBISUSDT
KuCoin NBISUSDTM
SoDEX NBIS-USD
Variational Omni NBIS
BloFin NBIS-USDT
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
Lighter NBIS
Polymarket Perps NBIS-USD
Phoenix NBIS
GRVT NBIS_USDT_Perp
tradeXYZ xyz:NBIS
edgeX NBISUSDC