NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.01 per $10,000 · paid last 24h −0.034%

Price spread now: Arcus against SoDEX+0.047%7-day average — · you sell dearer than you buy

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

Long on SoDEX Short on Arcus

What this pair did over the last

the charts below follow

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

The price spread pays, funding is against you. Arcus is 0.047% dearer against SoDEX than usual: you sell high and buy low (spread +0.047% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 16 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX NBIS-USD	233.19	0.0050	pay 0.0006% / 1h	48m 17s	$33	$20K	10x
Short	Arcus NBIS-USD	233.30	0.0040	get 0.0005% / 1h	48m 17s	$44K	$133K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against SoDEX. 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 SoDEXbpFee ArcusbpOrdersPrice spread, now +0.047%Rate

Funding earned: −$2.04
Price spread: +0.047% → 0.000%: $4.72
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$9.82
Costs to cover: 0.125%
Break-even: never at this rate

Slippage unknown: SoDEX: no order-book sample; Arcus: live order book, 35 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 SoDEX no order-book sample	—	—	—	—	—
Sell Arcus live order book, 35 min ago	5.14 bp	7.4 bp −$7	11.1 bp −$111	doesn't fit	doesn't fit

SoDEX: 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
Deribit NBIS_USDC-PERPETUAL	−0.0007%	1h	233.18	−0.004%	$35K	$47K	10x	as long as short
Bybit NBISUSDT	0.0000%	8h	233.23	+0.017%	$5.1M	$6.5M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	233.10	−0.039%	$3.4M	$17.0M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	233.21	+0.009%	$2.8M	$5.3M	50x	as long as short
Bitget NBISUSDT	0.0000%	8h	233.18	−0.004%	$2.5M	$4.7M	20x	as long as short
Variational Omni NBIS	0.0000%	8h	233.27	+0.034%	$2.8M	$945K	—	as long as short
SunX NBIS-USDT	0.0000%	8h	233.25	+0.026%	$966	$1.8M	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	233.36	+0.073%	$15K	$115K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	233.21	+0.009%	$1.6M	$966K	10x	as long as short
Binance NBISUSDT	+0.0021%	8h	233.24	+0.021%	$19.4M	$86.9M	25x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster NBISUSDT	+0.0023%	8h	233.50	+0.135%	$79K	$304K	50x	as long as short
Extended NBIS-USD	+0.0024%	1h	233.17	−0.011%	$141K	$697K	10x	as long as short
QFEX NBIS-USD	+0.0038%	1h	233.24	+0.021%	$1.5M	$5.1M	10x	as long as short
GRVT NBIS_USDT_Perp	+0.0039%	8h	233.25	+0.027%	$5K	$147K	10x	as long as short
Arcus NBIS-USDshort	+0.0040%	1h	233.30	+0.047%	$44K	$133K	5x
Vest NBIS-USD-PERP	+0.0046%	1h	233.31	+0.051%	—	$234K	5x	as long as short
BloFin NBIS-USDT	+0.0046%	8h	233.30	+0.047%	$205K	$216K	20x	as long as short
SoDEX NBIS-USDlong	+0.0050%	1h	233.19	long leg	$33	$20K	10x
Polymarket Perps NBIS-USD	+0.0066%	1h	233.29	+0.043%	$136K	$645K	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0072%	1h	232.99	−0.086%	$356K	$702K	10x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	233.11	−0.034%	$480K	$25K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	233.20	+0.004%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	233.22	+0.011%	—	—	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0119%	1h	233.27	+0.034%	$173K	$498K	10x	as long as short
Entropy io:NBIS	+0.0297%	1h	233.24	+0.021%	$10.2M	$3.3M	10x	as long as short
Nado NBIS-PERP	+0.0297%	1h	233.26	+0.028%	$28K	$63K	3x	as long as short
tradeXYZ xyz:NBIS	+0.0311%	1h	233.24	+0.021%	$54.4M	$23.5M	10x	as long as short
Phoenix NBIS	+0.0343%	1h	233.31	+0.051%	$7K	$185K	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0347%	1h	233.12	−0.030%	$24K	$13K	20x	as long as short
Lighter NBIS	+0.0352%	1h	233.28	+0.039%	$934K	$4.6M	10x	as long as short
edgeX NBISUSDC	+0.0602%	4h	233.27	+0.033%	$37K	$234K	10x	as long as short