Funding you earn now, next payment 04:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.014%
Price spread now: Orderly against SoDEX+0.042%7-day average — · you sell dearer than you buy
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
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Orderly is 0.042% dearer against SoDEX than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX NBIS-USD | 235.60 | 0.0050 | pay 0.0006% / 1h | 39m 40s | $5 | $21K | 10x |
| Short | Orderly PERP_NBIS_USDC_mythos | 235.70 | 0.0100 | get 0.0100% / 8h | 4h 39m | $2K | $3K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against SoDEX. 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
- $10.5
- Price spread: +0.042% → 0.000%
- $4.24
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $0.74
- Costs to cover
- 0.140%
- Break-even
- 6.5 days
Slippage unknown: SoDEX: no order-book sample; 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Orderly no order-book sample | — | — | — | — | — |
SoDEX and 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado NBIS-PERP | −0.0169% | 1h | 235.65 | +0.021% | $38K | $115K | 3x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 235.62 | +0.008% | $5.1M | $6.2M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 235.52 | −0.034% | $3.4M | $16.2M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 235.58 | −0.008% | $2.8M | $5.0M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 235.56 | −0.017% | $2.4M | $4.4M | 20x | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 235.75 | +0.064% | $5K | $119K | 10x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 235.85 | +0.106% | $1K | $1.7M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | 0.0000% | 1h | 235.66 | +0.025% | $35K | $48K | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 235.77 | +0.072% | $15K | $60K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 235.58 | −0.008% | $1.6M | $958K | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni NBIS | +0.0033% | 8h | 235.81 | +0.088% | $2.9M | $572K | — | as long as short |
| QFEX NBIS-USD | +0.0038% | 1h | 235.51 | −0.038% | $1.5M | $4.2M | 10x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 235.47 | −0.055% | $43K | $132K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 235.97 | +0.157% | — | $216K | 5x | as long as short |
| tradeXYZ xyz:NBIS | +0.0050% | 1h | 235.42 | −0.076% | $54.9M | $19.8M | 10x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 235.67 | +0.030% | $149K | $453K | 10x | as long as short |
| SoDEX NBIS-USDlong | +0.0050% | 1h | 235.60 | long leg | $5 | $21K | 10x | |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 235.63 | +0.013% | $161K | $504K | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0056% | 1h | 235.35 | −0.106% | $389K | $724K | 10x | as long as short |
| Lighter NBIS | +0.0072% | 1h | 235.56 | −0.017% | $899K | $4.0M | 10x | as long as short |
| Aster NBISUSDT | +0.0079% | 8h | 235.51 | −0.036% | $79K | $310K | 50x | as long as short |
| Extended NBIS-USD | +0.0080% | 1h | 235.51 | −0.036% | $147K | $702K | 10x | as long as short |
| Binance NBISUSDT | +0.0083% | 8h | 235.58 | −0.008% | $19.4M | $84.6M | 25x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 235.37 | −0.098% | $485K | $21K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythosshort | +0.0100% | 8h | 235.70 | +0.042% | $2K | $3K | 10x | |
| BloFin NBIS-USDT | +0.0100% | 8h | 235.83 | +0.098% | $207K | $205K | 20x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 235.69 | +0.040% | — | — | 10x | as long as short |
| Phoenix NBIS | +0.0272% | 1h | 235.68 | +0.034% | $7K | $150K | 10x | as long as short |
| edgeX NBISUSDC | +0.0307% | 4h | 235.68 | +0.034% | $38K | $225K | 10x | as long as short |
| Entropy io:NBIS | +0.0418% | 1h | 235.55 | −0.021% | $10.2M | $3.2M | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0476% | 1h | 235.51 | −0.039% | $24K | $15K | 20x | as long as short |
SoDEX NBIS-USD
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Bitget NBISUSDT
GRVT NBIS_USDT_Perp
SunX NBIS-USDT
Deribit NBIS_USDC-PERPETUAL
HTX NBIS-USDT
Phemex NBISUSDT
Variational Omni NBIS
tradeXYZ xyz:NBIS
Polymarket Perps NBIS-USD
Coinbase International NBIS-PERP-INTX
Lighter NBIS
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
KuCoin NBISUSDTM
BloFin NBIS-USDT
Phoenix NBIS
edgeX NBISUSDC
Kraken Futures PF_NBISUSD