Funding you earn now, next payment 08:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.28 per $10,000 · paid last 24h +0.028%
Price spread now: BloFin against SunX+0.137%55s7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1471.473% of the position
Funding, last 7 days+0.128%+$13 on $10k
+Price spread, last 4 days (all we have)−0.132%−$13 · spread now +0.137%, 7d avg +0.017%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.120% dearer against SunX than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.017%. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX NBIS-USDT | 233.68 | 0 | get 0.0000% / 8h | 3h 26m | $995 | $1.6M | 10x |
| Short | BloFin NBIS-USDT | 234.00 | 0.0028 | get 0.0028% / 8h | 3h 26m | $206K | $206K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against SunX. 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
- $5.96
- Price spread: +0.137% → +0.017%
- $12.02
- Slippage, 4 orders
- −$127.3
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$129.33
- Costs to cover
- 1.473%
- Break-even
- 159.0 days
Slippage from SunX: live order book, 9 min ago; BloFin: live order book, 64 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 SunX live order book, 9 min ago | 45.74 bp | 63.9 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 64 min ago | 0.85 bp | 8.8 bp −$9 | 20.9 bp −$209 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NBISUSDT | 0.0000% | 8h | 234.06 | +0.161% | $78K | $310K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 233.65 | −0.011% | $147K | $691K | 10x | as long as short |
| Binance NBISUSDT | 0.0000% | 8h | 233.73 | +0.020% | $19.2M | $84.8M | 25x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 233.78 | +0.043% | $5.0M | $6.3M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 233.56 | −0.051% | $3.4M | $16.1M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 233.74 | +0.026% | $2.7M | $5.0M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 233.71 | +0.013% | $2.4M | $4.4M | 20x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 234.33 | +0.278% | $2.9M | $555K | — | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 234.17 | +0.208% | $4K | $119K | 10x | as long as short |
| SunX NBIS-USDTlong | 0.0000% | 8h | 233.68 | long leg | $995 | $1.6M | 10x |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit NBIS_USDC-PERPETUAL | 0.0000% | 1h | 233.58 | −0.043% | $35K | $49K | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 234.38 | +0.300% | $15K | $60K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 234.05 | +0.158% | $1.6M | $954K | 10x | as long as short |
| BloFin NBIS-USDTshort | +0.0028% | 8h | 234.00 | +0.137% | $206K | $206K | 20x | |
| QFEX NBIS-USD | +0.0034% | 1h | 233.64 | −0.017% | $1.5M | $4.0M | 10x | as long as short |
| Nado NBIS-PERP | +0.0038% | 1h | 233.54 | −0.059% | $38K | $115K | 3x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 233.91 | +0.098% | $42K | $132K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 233.92 | +0.103% | — | $216K | 5x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0049% | 1h | 233.55 | −0.057% | $23K | $15K | 20x | as long as short |
| tradeXYZ xyz:NBIS | +0.0050% | 1h | 233.56 | −0.051% | $54.4M | $20.1M | 10x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 233.57 | −0.047% | $147K | $456K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 233.68 | 0.000% | $103 | $21K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 234.15 | +0.201% | $160K | $502K | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 233.73 | +0.021% | $482K | $20K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 233.85 | +0.073% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 233.79 | +0.046% | — | — | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0104% | 1h | 233.49 | −0.081% | $374K | $741K | 10x | as long as short |
| Phoenix NBIS | +0.0239% | 1h | 234.06 | +0.163% | $7K | $150K | 10x | as long as short |
| Lighter NBIS | +0.0248% | 1h | 233.70 | +0.009% | $926K | $3.9M | 10x | as long as short |
| Entropy io:NBIS | +0.0358% | 1h | 233.99 | +0.133% | $10.2M | $3.2M | 10x | as long as short |
| edgeX NBISUSDC | +0.0493% | 4h | 234.15 | +0.201% | $38K | $225K | 10x | as long as short |
SunX NBIS-USDT
BloFin NBIS-USDT
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Bitget NBISUSDT
Variational Omni NBIS
GRVT NBIS_USDT_Perp
Deribit NBIS_USDC-PERPETUAL
HTX NBIS-USDT
Phemex NBISUSDT
Kraken Futures PF_NBISUSD
tradeXYZ xyz:NBIS
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
KuCoin NBISUSDTM
Coinbase International NBIS-PERP-INTX
Phoenix NBIS
Lighter NBIS
edgeX NBISUSDC