Funding you earn now, next payment 05:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.040%
Price spread now: Binance against tradeXYZ+0.028%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$420.418% of the position
Funding, last 7 days−0.181%−$18 on $10k
+Price spread, last 7 days+0.046%+$5 · spread now +0.028%, 7d avg +0.051%
=Together, before fees−0.135%+ Points / potential airdroptradeXYZ: Active · farm board−$14 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Binance is 0.024% cheaper against tradeXYZ than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.051%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:NBIS | 233.33 | 0.0050 | pay 0.0006% / 1h | 14m 23s | $54.4M | $20.1M | 10x |
| Short | Binance NBISUSDT | 233.39 | 0 | get 0.0000% / 8h | 3h 14m | $19.0M | $85.2M | 25x |
tradeXYZ xyz:NBIS
Binance NBISUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against tradeXYZ. 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: +0.028% → +0.051%
- −$2.39
- Slippage, 4 orders
- −$13.83
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$54.72
- Costs to cover
- 0.418%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 4 min ago; Binance: live order book, 13 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, 4 min ago | 1.07 bp | 12.6 bp −$13 | 16.9 bp −$169 | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 0.21 bp | 10.1 bp −$10 | 27.9 bp −$279 | 81.6 bp −$8,160 | 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 | 233.43 | +0.042% | $78K | $310K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 233.31 | −0.007% | $146K | $640K | 10x | as long as short |
| Binance NBISUSDTshort | 0.0000% | 8h | 233.39 | +0.028% | $19.0M | $85.2M | 25x | |
| Bybit NBISUSDT | 0.0000% | 8h | 233.42 | +0.039% | $5.0M | $6.3M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 233.32 | −0.004% | $3.4M | $16.2M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 233.35 | +0.009% | $2.7M | $5.1M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 233.34 | +0.004% | $2.3M | $4.5M | 20x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 233.10 | −0.097% | $2.9M | $552K | — | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 232.98 | −0.151% | $5K | $120K | 10x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 233.31 | −0.009% | $1K | $1.6M | 10x | as long as short |
Aster NBISUSDT
Extended NBIS-USD
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Bitget NBISUSDT
Variational Omni NBIS
GRVT NBIS_USDT_Perp
SunX NBIS-USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit NBIS_USDC-PERPETUAL | 0.0000% | 1h | 233.28 | −0.021% | $35K | $49K | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 233.51 | +0.077% | $15K | $60K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 233.35 | +0.009% | $1.6M | $954K | 10x | as long as short |
| Nado NBIS-PERP | +0.0017% | 1h | 233.36 | +0.015% | $38K | $115K | 3x | as long as short |
| BloFin NBIS-USDT | +0.0030% | 8h | 233.30 | −0.013% | $206K | $205K | 20x | as long as short |
| QFEX NBIS-USD | +0.0034% | 1h | 233.37 | +0.017% | $1.5M | $4.0M | 10x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 233.05 | −0.120% | $42K | $132K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 233.48 | +0.064% | — | $216K | 5x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0049% | 1h | 233.26 | −0.031% | $23K | $15K | 20x | as long as short |
| tradeXYZ xyz:NBISlong | +0.0050% | 1h | 233.33 | long leg | $54.4M | $20.1M | 10x | |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 233.33 | 0.000% | $143K | $460K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 233.19 | −0.060% | $107 | $21K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 233.35 | +0.009% | $160K | $501K | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 233.29 | −0.017% | $481K | $20K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 233.35 | +0.009% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 233.26 | −0.032% | — | — | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0104% | 1h | 232.88 | −0.193% | $361K | $767K | 10x | as long as short |
| edgeX NBISUSDC | +0.0114% | 4h | 232.90 | −0.183% | $37K | $227K | 10x | as long as short |
| Lighter NBIS | +0.0224% | 1h | 233.41 | +0.034% | $926K | $4.0M | 10x | as long as short |
| Phoenix NBIS | +0.0239% | 1h | 232.87 | −0.197% | $7K | $150K | 10x | as long as short |
| Entropy io:NBIS | +0.0301% | 1h | 233.24 | −0.039% | $10.1M | $3.2M | 10x | as long as short |
Deribit NBIS_USDC-PERPETUAL
HTX NBIS-USDT
Phemex NBISUSDT
Nado NBIS-PERP
BloFin NBIS-USDT
QFEX NBIS-USD
Arcus NBIS-USD
Vest NBIS-USD-PERP
Kraken Futures PF_NBISUSD
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
Ondo Perps NBIS-USD.P
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
Coinbase International NBIS-PERP-INTX
edgeX NBISUSDC
Lighter NBIS
Phoenix NBIS
Entropy io:NBIS