NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0067%/8h= −7.4% APRnext payment −$0.08 per $10,000 · paid last 24h −0.045%

Price spread now: Arcus against tradeXYZ−0.009%7-day average −0.017% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$390.393% of the position

Long on tradeXYZ Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.042%+$4 on $10k

Price spread, last 4 days (all we have)−0.005%−$1 · spread now −0.009%, 7d avg −0.017%

Together, before fees+0.037%+ Points / potential airdroptradeXYZ: Active · farm board+$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.017%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:NBIS	233.35	0.0108	pay 0.0013% / 1h	36m 38s	$54.7M	$20.0M	10x
Short	Arcus NBIS-USD	233.33	0.0040	get 0.0005% / 1h	36m 38s	$42K	$132K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against tradeXYZ. 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 tradeXYZbpFee ArcusbpOrdersPrice spread, now −0.009%Rate

Funding earned: −$14.14
Price spread: −0.009% → −0.017%: $0.8
Slippage, 4 orders: −$16.81
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$52.65
Costs to cover: 0.393%
Break-even: never at this rate

Slippage from tradeXYZ: live order book, 12 min ago; Arcus: live order book, 31 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 tradeXYZ live order book, 12 min ago	0.21 bp	9.2 bp −$9	11.8 bp −$118	doesn't fit	doesn't fit
Sell Arcus live order book, 31 min ago	2.33 bp	12.5 bp −$12	20.4 bp −$204	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	233.43	+0.034%	$5.1M	$6.3M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	233.45	+0.043%	$3.4M	$16.5M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	233.43	+0.034%	$2.8M	$5.0M	50x	as long as short
Bitget NBISUSDT	0.0000%	8h	233.44	+0.039%	$2.4M	$4.5M	20x	as long as short
SunX NBIS-USDT	0.0000%	8h	233.36	+0.004%	$996	$1.7M	10x	as long as short
Deribit NBIS_USDC-PERPETUAL	0.0000%	1h	233.25	−0.043%	$35K	$48K	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	233.40	+0.021%	$15K	$60K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	233.44	+0.039%	$1.6M	$972K	10x	as long as short
GRVT NBIS_USDT_Perp	+0.0016%	8h	233.46	+0.049%	$5K	$129K	10x	as long as short
QFEX NBIS-USD	+0.0024%	1h	233.49	+0.060%	$1.5M	$4.6M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus NBIS-USDshort	+0.0040%	1h	233.33	−0.009%	$42K	$132K	5x
Vest NBIS-USD-PERP	+0.0046%	1h	233.43	+0.034%	—	$226K	5x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	233.38	+0.013%	$148K	$468K	10x	as long as short
SoDEX NBIS-USD	+0.0050%	1h	233.40	+0.021%	$89	$20K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	233.49	+0.060%	$163K	$499K	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0096%	1h	233.31	−0.017%	$24K	$15K	20x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	233.37	+0.009%	$481K	$21K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	233.42	+0.030%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	233.35	−0.002%	—	—	10x	as long as short
tradeXYZ xyz:NBISlong	+0.0108%	1h	233.35	long leg	$54.7M	$20.0M	10x
Coinbase International NBIS-PERP-INTX	+0.0112%	1h	236.05	+1.157%	$386K	$721K	10x	as long as short
Nado NBIS-PERP	+0.0140%	1h	233.34	−0.004%	$67K	$94K	3x	as long as short
Aster NBISUSDT	+0.0213%	8h	233.59	+0.101%	$81K	$314K	50x	as long as short
Variational Omni NBIS	+0.0223%	8h	233.46	+0.047%	$2.8M	$570K	—	as long as short
Binance NBISUSDT	+0.0232%	8h	233.41	+0.026%	$19.2M	$85.1M	25x	as long as short
Extended NBIS-USD	+0.0232%	1h	233.38	+0.011%	$150K	$705K	10x	as long as short
BloFin NBIS-USDT	+0.0234%	8h	234.04	+0.296%	$207K	$209K	20x	as long as short
Lighter NBIS	+0.0280%	1h	233.45	+0.043%	$901K	$4.4M	10x	as long as short
Phoenix NBIS	+0.0306%	1h	233.42	+0.030%	$7K	$152K	10x	as long as short
Entropy io:NBIS	+0.0353%	1h	233.48	+0.056%	$10.1M	$3.3M	10x	as long as short
edgeX NBISUSDC	+0.0636%	4h	233.36	+0.005%	$37K	$226K	10x	as long as short