Funding you earn now, next payment 01:00 UTC+0.0131%/8h= +14.4% APRnext payment +$0.16 per $10,000 · paid last 24h +0.067%
Price spread now: tradeXYZ against QFEX+0.013%7-day average +0.010% · 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−$37as in the Price arb table
costs, in and out, $10k−$370.369% of the position
Funding, last 3 days (all we have)+0.100%+$10 on $10k
+Price spread, last 7 days−0.013%−$1 · spread now +0.013%, 7d avg +0.010%
=Together, before fees+0.087%+ Points / potential airdroptradeXYZ: Active · farm board+$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.010%, so right now this pair is about funding alone: +$4 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 | 234.67 | 0.0024 | pay 0.0003% / 1h | 56m 31s | $1.5M | $4.9M | 10x |
| Short | tradeXYZ xyz:NBIS | 234.70 | 0.0155 | get 0.0019% / 1h | 56m 31s | $54.9M | $23.7M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $27.57
- Price spread: +0.013% → +0.010%
- $0.3
- Slippage, 4 orders
- −$8.92
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$9.04
- Costs to cover
- 0.369%
- Break-even
- 9.3 days
Slippage from QFEX: live order book, 12 min ago; tradeXYZ: live order book, 3 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, 12 min ago | 2.12 bp | 7.1 bp −$7 | 8.0 bp −$80 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 3 min ago | 1.06 bp | 11.0 bp −$11 | 14.8 bp −$148 | 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 | 234.65 | −0.009% | $5.1M | $6.4M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 234.78 | +0.047% | $3.4M | $16.7M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 234.78 | +0.047% | $2.8M | $5.0M | 50x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 234.84 | +0.072% | $1K | $1.7M | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 235.61 | +0.401% | $15K | $66K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 234.86 | +0.081% | $1.6M | $972K | 10x | as long as short |
| QFEX NBIS-USDlong | +0.0024% | 1h | 234.67 | long leg | $1.5M | $4.9M | 10x | |
| Arcus NBIS-USD | +0.0040% | 1h | 235.15 | +0.205% | $43K | $135K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 235.01 | +0.145% | — | $223K | 5x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.0048% | 1h | 234.75 | +0.034% | $35K | $48K | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 234.66 | −0.004% | $142K | $462K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 234.84 | +0.072% | $89 | $20K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 234.79 | +0.051% | $169K | $505K | 10x | as long as short |
| Bitget NBISUSDT | +0.0078% | 8h | 234.77 | +0.043% | $2.5M | $4.6M | 20x | as long as short |
| Nado NBIS-PERP | +0.0091% | 1h | 234.62 | −0.021% | $31K | $66K | 3x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0095% | 1h | 234.66 | −0.004% | $24K | $15K | 20x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 234.75 | +0.034% | $484K | $22K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 234.88 | +0.089% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 234.86 | +0.083% | — | — | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0112% | 1h | 236.05 | +0.588% | $386K | $736K | 10x | as long as short |
| tradeXYZ xyz:NBISshort | +0.0155% | 1h | 234.70 | +0.013% | $54.9M | $23.7M | 10x | |
| Aster NBISUSDT | +0.0257% | 8h | 235.00 | +0.141% | $81K | $308K | 50x | as long as short |
| BloFin NBIS-USDT | +0.0260% | 8h | 234.84 | +0.072% | $206K | $210K | 20x | as long as short |
| Variational Omni NBIS | +0.0263% | 8h | 235.53 | +0.366% | $2.9M | $591K | — | as long as short |
| Binance NBISUSDT | +0.0278% | 8h | 234.75 | +0.033% | $19.5M | $85.4M | 25x | as long as short |
| Extended NBIS-USD | +0.0280% | 1h | 234.73 | +0.027% | $151K | $705K | 10x | as long as short |
| Lighter NBIS | +0.0288% | 1h | 234.81 | +0.060% | $913K | $4.4M | 10x | as long as short |
| Entropy io:NBIS | +0.0314% | 1h | 235.13 | +0.196% | $10.3M | $3.4M | 10x | as long as short |
| GRVT NBIS_USDT_Perp | +0.0325% | 8h | 235.40 | +0.311% | $5K | $131K | 10x | as long as short |
| Phoenix NBIS | +0.0409% | 1h | 235.10 | +0.183% | $7K | $152K | 10x | as long as short |
| edgeX NBISUSDC | +0.0967% | 4h | 235.39 | +0.306% | $38K | $225K | 10x | as long as short |
tradeXYZ xyz:NBIS
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
SunX NBIS-USDT
HTX NBIS-USDT
Phemex NBISUSDT
Deribit NBIS_USDC-PERPETUAL
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
Bitget NBISUSDT
Kraken Futures PF_NBISUSD
KuCoin NBISUSDTM
Coinbase International NBIS-PERP-INTX
Aster NBISUSDT
BloFin NBIS-USDT
Variational Omni NBIS
Binance NBISUSDT
Extended NBIS-USD
Lighter NBIS
GRVT NBIS_USDT_Perp
Phoenix NBIS
edgeX NBISUSDC