NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.00 per $10,000 · paid last 24h +0.006%

Price spread now: Coinbase International against tradeXYZ+1.109%50s7-day average +0.090% · you sell dearer than you buy

Net, funding: paid 7d − costs−$28as 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−$470.475% of the position

Long on tradeXYZ Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.193%+$19 on $10k

Price spread, last 3 days (all we have)−0.968%−$97 · spread now +1.109%, 7d avg +0.090%

Together, before fees−0.775%+ Points / potential airdroptradeXYZ: Active · farm board−$78 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Coinbase International is 1.020% dearer against tradeXYZ than usual: you sell high and buy low, +$102 on $10k if it goes back to its 7-day average of +0.090%. The two prices were read 50 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	tradeXYZ xyz:NBIS	233.46	0.0111	pay 0.0014% / 1h	35m 23s	$54.7M	$20.0M	10x
Short	Coinbase International NBIS-PERP-INTX	236.05	0.0112	get 0.0014% / 1h	35m 23s	$386K	$721K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now +1.109%Rate

Funding earned: $0.25
Price spread: +1.109% → +0.090%: $101.95
Slippage, 4 orders: −$19.48
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $54.72
Costs to cover: 0.475%
Break-even: from the start

Slippage from tradeXYZ: live order book, 3 min ago; Coinbase International: live order book, 33 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, 3 min ago	1.50 bp	12.1 bp −$12	16.4 bp −$164	doesn't fit	doesn't fit
Sell Coinbase International live order book, 33 min ago	4.88 bp	10.4 bp −$10	14.3 bp −$143	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	233.53	+0.030%	$5.1M	$6.3M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	233.43	−0.013%	$3.4M	$16.5M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	233.57	+0.047%	$2.8M	$5.0M	50x	as long as short
Bitget NBISUSDT	0.0000%	8h	233.53	+0.030%	$2.4M	$4.5M	20x	as long as short
SunX NBIS-USDT	0.0000%	8h	233.56	+0.043%	$997	$1.7M	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	233.40	−0.026%	$15K	$60K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	233.63	+0.073%	$1.6M	$972K	10x	as long as short
GRVT NBIS_USDT_Perp	+0.0016%	8h	233.46	+0.002%	$5K	$129K	10x	as long as short
QFEX NBIS-USD	+0.0024%	1h	233.49	+0.013%	$1.5M	$4.6M	10x	as long as short
Arcus NBIS-USD	+0.0040%	1h	233.35	−0.047%	$42K	$132K	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest NBIS-USD-PERP	+0.0046%	1h	233.55	+0.039%	—	$226K	5x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	233.44	−0.009%	$148K	$456K	10x	as long as short
SoDEX NBIS-USD	+0.0050%	1h	233.42	−0.017%	$84	$20K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	233.49	+0.013%	$163K	$499K	10x	as long as short
Deribit NBIS_USDC-PERPETUAL	+0.0093%	1h	233.55	+0.039%	$35K	$48K	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0096%	1h	233.42	−0.019%	$24K	$15K	20x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	233.37	−0.039%	$481K	$21K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	233.44	−0.009%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	233.43	−0.013%	—	—	10x	as long as short
tradeXYZ xyz:NBISlong	+0.0111%	1h	233.46	long leg	$54.7M	$20.0M	10x
Coinbase International NBIS-PERP-INTXshort	+0.0112%	1h	236.05	+1.109%	$386K	$721K	10x
Nado NBIS-PERP	+0.0139%	1h	233.26	−0.084%	$67K	$94K	3x	as long as short
Variational Omni NBIS	+0.0207%	8h	233.54	+0.034%	$2.8M	$571K	—	as long as short
Aster NBISUSDT	+0.0211%	8h	233.59	+0.058%	$81K	$314K	50x	as long as short
Binance NBISUSDT	+0.0231%	8h	233.51	+0.023%	$19.2M	$85.0M	25x	as long as short
Extended NBIS-USD	+0.0232%	1h	233.43	−0.012%	$150K	$701K	10x	as long as short
BloFin NBIS-USDT	+0.0234%	8h	234.04	+0.248%	$207K	$209K	20x	as long as short
Lighter NBIS	+0.0280%	1h	233.43	−0.013%	$901K	$4.4M	10x	as long as short
Phoenix NBIS	+0.0306%	1h	233.42	−0.017%	$7K	$152K	10x	as long as short
Entropy io:NBIS	+0.0361%	1h	233.46	0.000%	$10.1M	$3.3M	10x	as long as short
edgeX NBISUSDC	+0.0636%	4h	233.36	−0.042%	$37K	$226K	10x	as long as short