Funding you earn now, next payment 00:00 UTC−0.0047%/8h= −5.1% APRnext payment −$0.06 per $10,000 · paid last 24h −0.056%
Price spread now: Extended against tradeXYZ−0.034%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$490.489% of the position
Funding, last 7 days−0.221%−$22 on $10k
+Price spread, last 4 days (all we have)+0.026%+$3 · spread now −0.034%, 7d avg −0.038%
=Together, before fees−0.195%+ Points / potential airdroptradeXYZ: Active · Extended: Active · farm board−$19 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.038%, so right now this pair is about funding alone: −$1 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 | 234.81 | 0.0303 | pay 0.0038% / 1h | 13m 38s | $54.8M | $23.4M | 10x |
| Short | Extended NBIS-USD | 234.73 | 0.0256 | get 0.0032% / 1h | 13m 38s | $139K | $703K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$9.8
- Price spread: −0.034% → −0.038%
- $0.39
- Slippage, 4 orders
- −$25.86
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$58.27
- Costs to cover
- 0.489%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 6 min ago; Extended: live order book, 64 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, 6 min ago | 1.49 bp | 11.4 bp −$11 | 15.3 bp −$153 | doesn't fit | doesn't fit |
| Sell Extended live order book, 64 min ago | 1.93 bp | 12.3 bp −$12 | 109.7 bp −$1,097 | 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 | 234.80 | −0.004% | $5.2M | $6.5M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 234.71 | −0.043% | $3.4M | $17.1M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 234.75 | −0.026% | $2.8M | $5.3M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 234.74 | −0.030% | $2.5M | $4.8M | 20x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 235.04 | +0.098% | $1K | $1.8M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | 0.0000% | 1h | 234.77 | −0.017% | $35K | $48K | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | 0.0000% | 1h | 234.81 | 0.000% | $360K | $679K | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 235.07 | +0.111% | $15K | $115K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 234.88 | +0.030% | $1.6M | $976K | 10x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 235.12 | +0.132% | — | $234K | 5x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 234.95 | +0.060% | $142K | $738K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 234.88 | +0.030% | $28 | $20K | 10x | as long as short |
| QFEX NBIS-USD | +0.0051% | 1h | 234.72 | −0.038% | $1.5M | $5.2M | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0053% | 1h | 234.98 | +0.072% | $174K | $499K | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 234.68 | −0.055% | $484K | $25K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 234.90 | +0.038% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 234.93 | +0.051% | — | — | 10x | as long as short |
| Nado NBIS-PERP | +0.0197% | 1h | 234.88 | +0.032% | $28K | $63K | 3x | as long as short |
| Variational Omni NBIS | +0.0221% | 8h | 235.11 | +0.126% | $2.9M | $822K | — | as long as short |
| Aster NBISUSDT | +0.0233% | 8h | 235.05 | +0.102% | $81K | $308K | 50x | as long as short |
| BloFin NBIS-USDT | +0.0247% | 8h | 234.93 | +0.051% | $206K | $214K | 20x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0248% | 1h | 234.60 | −0.089% | $24K | $15K | 20x | as long as short |
| GRVT NBIS_USDT_Perp | +0.0249% | 8h | 235.06 | +0.105% | $5K | $138K | 10x | as long as short |
| Binance NBISUSDT | +0.0251% | 8h | 234.80 | −0.005% | $19.4M | $86.5M | 25x | as long as short |
| Extended NBIS-USDshort | +0.0256% | 1h | 234.73 | −0.034% | $139K | $703K | 10x | |
| Arcus NBIS-USD | +0.0269% | 1h | 234.70 | −0.047% | $44K | $134K | 5x | as long as short |
| tradeXYZ xyz:NBISlong | +0.0303% | 1h | 234.81 | long leg | $54.8M | $23.4M | 10x | |
| Lighter NBIS | +0.0368% | 1h | 234.81 | 0.000% | $928K | $4.6M | 10x | as long as short |
| Phoenix NBIS | +0.0376% | 1h | 235.07 | +0.111% | $7K | $163K | 10x | as long as short |
| Entropy io:NBIS | +0.0491% | 1h | 234.89 | +0.034% | $10.3M | $3.4M | 10x | as long as short |
| edgeX NBISUSDC | +0.0874% | 4h | 235.04 | +0.098% | $38K | $236K | 10x | as long as short |
tradeXYZ xyz:NBIS
Extended NBIS-USD
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Bitget NBISUSDT
SunX NBIS-USDT
Deribit NBIS_USDC-PERPETUAL
Coinbase International NBIS-PERP-INTX
HTX NBIS-USDT
Phemex NBISUSDT
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
KuCoin NBISUSDTM
Variational Omni NBIS
Aster NBISUSDT
BloFin NBIS-USDT
Kraken Futures PF_NBISUSD
GRVT NBIS_USDT_Perp
Binance NBISUSDT
Lighter NBIS
Phoenix NBIS
edgeX NBISUSDC