Funding you earn now, next payment 23:00 UTC+0.0310%/8h= +34.0% APRpaid last 24h +0.130%
Price spread now: Entropy against SunX+0.009%7-day average +0.099% · you sell dearer than you buy
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$164as in the Price arb table
costs, in and out, $10k−$1551.550% of the position
Funding, last 7 days+0.655%+$66 on $10k
+Price spread, last 3 days (all we have)+0.048%+$5 · spread now +0.009%, 7d avg +0.099%
=Funding pays, the price is against you. Entropy is 0.091% cheaper against SunX than usual: you would sell low and buy high (spread +0.009% now, against its 7-day average of +0.099%). If the spread goes back, that is −$9 on $10k: about 23 hours of funding at the current rate (+$9 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX NBIS-USDT | 233.95 | 0 | get 0.0000% / 8h | 1h 19m | $1K | $1.8M | 10x |
| Short | Entropy io:NBIS | 233.97 | 0.0310 | get 0.0039% / 1h | 19m 07s | $10.2M | $3.3M | 10x |
SunX NBIS-USDT
Entropy io:NBISFunding history
latest
Range statsloading…
Price spread between the two exchanges
Entropy 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
- $65.16
- Price spread: +0.009% → +0.099%
- −$9.09
- Slippage, 4 orders
- −$129.04
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Entropy: 9 bp × 2 orders
- −$18
- Net
- −$98.97
- Costs to cover
- 1.550%
- Break-even
- 17.6 days
Slippage from SunX: live order book, 6 min ago; Entropy: live order book, 8 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, 6 min ago | 45.06 bp | 63.5 bp −$63 | doesn't fit | doesn't fit | doesn't fit |
| Sell Entropy live order book, 8 min ago | 1.28 bp | 15.6 bp −$16 | doesn't fit | 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 | 233.88 | −0.030% | $5.2M | $6.5M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 233.90 | −0.021% | $3.4M | $17.0M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 233.91 | −0.017% | $2.8M | $5.3M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 233.91 | −0.017% | $2.5M | $4.8M | 20x | as long as short |
| SunX NBIS-USDTlong | 0.0000% | 8h | 233.95 | long leg | $1K | $1.8M | 10x | |
| HTX NBIS-USDT | 0.0000% | 8h | 234.05 | +0.043% | $15K | $115K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 233.95 | 0.000% | $1.6M | $968K | 10x | as long as short |
| QFEX NBIS-USD | +0.0038% | 1h | 233.91 | −0.017% | $1.5M | $5.1M | 10x | as long as short |
| Variational Omni NBIS | +0.0039% | 8h | 234.04 | +0.037% | $2.9M | $825K | — | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 233.96 | +0.004% | $44K | $133K | 5x | as long as short |
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Bitget NBISUSDT
HTX NBIS-USDT
Phemex NBISUSDT
QFEX NBIS-USD
Variational Omni NBIS
Arcus NBIS-USDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest NBIS-USD-PERP | +0.0046% | 1h | 234.05 | +0.043% | — | $234K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 233.99 | +0.017% | $148K | $657K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 233.93 | −0.009% | $9 | $20K | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0072% | 1h | 232.99 | −0.410% | $356K | $697K | 10x | as long as short |
| Aster NBISUSDT | +0.0080% | 8h | 233.83 | −0.053% | $79K | $304K | 50x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0084% | 1h | 233.92 | −0.013% | $174K | $499K | 10x | as long as short |
| Extended NBIS-USD | +0.0088% | 1h | 233.92 | −0.011% | $142K | $697K | 10x | as long as short |
| Binance NBISUSDT | +0.0090% | 8h | 233.97 | +0.009% | $19.4M | $86.9M | 25x | as long as short |
| BloFin NBIS-USDT | +0.0099% | 8h | 234.01 | +0.026% | $205K | $214K | 20x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 233.65 | −0.128% | $481K | $25K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 233.93 | −0.009% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 233.96 | +0.004% | — | — | 10x | as long as short |
| GRVT NBIS_USDT_Perp | +0.0106% | 8h | 234.03 | +0.033% | $5K | $144K | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.0135% | 1h | 233.91 | −0.017% | $35K | $47K | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0197% | 1h | 233.92 | −0.013% | $54.6M | $23.5M | 10x | as long as short |
| Lighter NBIS | +0.0224% | 1h | 234.03 | +0.034% | $934K | $4.6M | 10x | as long as short |
| Nado NBIS-PERP | +0.0250% | 1h | 233.85 | −0.045% | $28K | $63K | 3x | as long as short |
| Entropy io:NBISshort | +0.0310% | 1h | 233.97 | +0.009% | $10.2M | $3.3M | 10x | |
| Phoenix NBIS | +0.0343% | 1h | 234.19 | +0.103% | $7K | $185K | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0346% | 1h | 233.85 | −0.044% | $24K | $13K | 20x | as long as short |
| edgeX NBISUSDC | +0.0431% | 4h | 234.04 | +0.039% | $37K | $234K | 10x | as long as short |
Vest NBIS-USD-PERP
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
Coinbase International NBIS-PERP-INTX
Aster NBISUSDT
Ondo Perps NBIS-USD.P
Extended NBIS-USD
Binance NBISUSDT
BloFin NBIS-USDT
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
GRVT NBIS_USDT_Perp
Deribit NBIS_USDC-PERPETUAL
tradeXYZ xyz:NBIS
Lighter NBIS
Nado NBIS-PERP
Phoenix NBIS
Kraken Futures PF_NBISUSD
edgeX NBISUSDC