Settings8H · net · $10k
Funding arb · Price arb /

NBIS

RWAall NBIS markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0023%/8h= +2.5% APRpaid last 24h +0.012%
Price spread now: QFEX against SunX−0.043%7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$147as in the Price arb table
costs, in and out, $10k−$1441.438% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.018%+$2 on $10k
Price spread, last 4 days (all we have)+0.114%+$11 · spread now −0.043%, 7d avg −0.010%
Together, before fees+0.132%+$13 on $10k · with fees, hour by hour
Funding pays, the price is against you. QFEX is 0.033% cheaper against SunX than usual: you would sell low and buy high (spread −0.043% now, against its 7-day average of −0.010%). If the spread goes back, that is −$3 on $10k: about 4.7 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX NBIS-USDT235.280get 0.0000% / 8h5h 09m$1K$1.7M10x
ShortQFEX NBIS-USD235.180.0023get 0.0003% / 1h9m 27s$1.5M$4.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX against SunX. 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

Funding earned
$4.8
Price spread: −0.043% → −0.010%
−$3.26
Slippage, 4 orders
−$125.81
Fee SunX: 4 bp × 2 orders
−$8
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$142.26
Costs to cover
1.438%
Break-even
214.3 days
Slippage from SunX: live order book, 6 min ago; QFEX: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 6 min ago45.72 bp64.1 bp −$64doesn't fitdoesn't fitdoesn't fit
Sell QFEX live order book, 4 min ago2.13 bp7.5 bp −$89.5 bp −$95doesn't fitdoesn't fit

NBIS on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit NBISUSDT0.0000%8h235.30+0.009%$5.1M$6.2M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h235.22−0.026%$3.4M$16.2M25xas long as short
Gate NBIS_USDT0.0000%8h235.25−0.013%$2.8M$5.0M50xas long as short
Bitget NBISUSDT0.0000%8h235.23−0.021%$2.4M$4.4M20xas long as short
GRVT NBIS_USDT_Perp0.0000%8h235.25−0.013%$4K$127K10xas long as short
SunX NBIS-USDTlong0.0000%8h235.28long leg$1K$1.7M10x
HTX NBIS-USDT0.0000%8h235.19−0.038%$15K$60K20xas long as short
Phemex NBISUSDT0.0000%8h235.31+0.013%$1.6M$961K10xas long as short
Nado NBIS-PERP+0.0004%1h235.04−0.102%$64K$99K3xas long as short
QFEX NBIS-USDshort+0.0023%1h235.18−0.043%$1.5M$4.3M10x
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus NBIS-USD+0.0040%1h235.02−0.111%$43K$132K5xas long as short
Vest NBIS-USD-PERP+0.0046%1h235.44+0.068%$215K5xas long as short
Polymarket Perps NBIS-USD+0.0050%1h235.18−0.043%$149K$453K10xas long as short
SoDEX NBIS-USD+0.0050%1h235.29+0.004%$66$20K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h235.00−0.119%$164K$499K10xas long as short
tradeXYZ xyz:NBIS+0.0078%1h235.13−0.064%$55.1M$19.6M10xas long as short
Variational Omni NBIS+0.0085%8h235.11−0.073%$2.9M$566Kas long as short
Deribit NBIS_USDC-PERPETUAL+0.0090%1h235.19−0.038%$35K$48K10xas long as short
KuCoin NBISUSDTM+0.0100%8h235.05−0.098%$484K$21K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h235.29+0.004%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h235.25−0.011%10xas long as short
Coinbase International NBIS-PERP-INTX+0.0104%1h233.53−0.744%$382K$712K10xas long as short
BloFin NBIS-USDT+0.0109%8h235.12−0.068%$207K$204K20xas long as short
Aster NBISUSDT+0.0119%8h235.12−0.068%$81K$307K50xas long as short
Binance NBISUSDT+0.0126%8h235.30+0.009%$19.2M$84.5M25xas long as short
Extended NBIS-USD+0.0128%1h235.18−0.043%$147K$706K10xas long as short
Kraken Futures PF_NBISUSD+0.0151%1h235.15−0.057%$24K$15K20xas long as short
Lighter NBIS+0.0272%1h235.24−0.017%$900K$4.3M10xas long as short
Phoenix NBIS+0.0308%1h235.19−0.038%$7K$150K10xas long as short
Entropy io:NBIS+0.0529%1h235.13−0.064%$10.2M$3.3M10xas long as short
edgeX NBISUSDC+0.0976%4h235.20−0.035%$38K$226K10xas long as short