Funding you earn now, next payment 03:00 UTC+0.0077%/8h= +8.4% APRnext payment +$0.10 per $10,000 · paid last 24h +0.022%
Price spread now: Kraken Futures against tradeXYZ−0.010%50s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate. 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 | 234.34 | 0.0075 | pay 0.0009% / 1h | 24m 21s | $54.9M | $19.6M | 10x |
| Short | Kraken Futures PF_NBISUSD | 234.32 | 0.0152 | get 0.0019% / 1h | 24m 21s | $23K | $15K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $16.18
- Price spread: −0.010% → 0.000%
- −$1.02
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$12.84
- Costs to cover
- 0.280%
- Break-even
- 12.6 days
Slippage unknown: tradeXYZ: live order book, 4 min ago; Kraken Futures: no order-book sample. Net counts fees only.
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 | 0.85 bp | 11.7 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 234.49 | +0.064% | $5.0M | $6.2M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 234.29 | −0.021% | $3.4M | $16.2M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 234.41 | +0.030% | $2.8M | $5.0M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 234.38 | +0.017% | $2.4M | $4.4M | 20x | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 234.49 | +0.062% | $4K | $127K | 10x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 234.43 | +0.038% | $1K | $1.7M | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 234.54 | +0.085% | $15K | $60K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 234.41 | +0.030% | $1.6M | $962K | 10x | as long as short |
| Nado NBIS-PERP | +0.0004% | 1h | 234.27 | −0.030% | $65K | $98K | 3x | as long as short |
| QFEX NBIS-USD | +0.0023% | 1h | 234.31 | −0.013% | $1.5M | $4.3M | 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-USD | +0.0040% | 1h | 234.36 | +0.009% | $42K | $132K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 234.49 | +0.064% | — | $215K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 234.33 | −0.004% | $149K | $453K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 234.35 | +0.004% | $37 | $20K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 234.46 | +0.051% | $164K | $498K | 10x | as long as short |
| tradeXYZ xyz:NBISlong | +0.0075% | 1h | 234.34 | long leg | $54.9M | $19.6M | 10x | |
| Variational Omni NBIS | +0.0091% | 8h | 234.48 | +0.058% | $2.9M | $568K | — | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 234.21 | −0.055% | $483K | $21K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 234.46 | +0.051% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 234.46 | +0.052% | — | — | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0104% | 1h | 233.53 | −0.346% | $382K | $712K | 10x | as long as short |
| BloFin NBIS-USDT | +0.0114% | 8h | 234.39 | +0.021% | $206K | $204K | 20x | as long as short |
| Aster NBISUSDT | +0.0122% | 8h | 234.64 | +0.129% | $81K | $307K | 50x | as long as short |
| Extended NBIS-USD | +0.0128% | 1h | 234.30 | −0.017% | $146K | $702K | 10x | as long as short |
| Binance NBISUSDT | +0.0131% | 8h | 234.44 | +0.044% | $19.1M | $84.5M | 25x | as long as short |
| Kraken Futures PF_NBISUSDshort | +0.0152% | 1h | 234.32 | −0.010% | $23K | $15K | 20x | |
| Lighter NBIS | +0.0248% | 1h | 234.42 | +0.034% | $901K | $4.3M | 10x | as long as short |
| Phoenix NBIS | +0.0308% | 1h | 234.85 | +0.218% | $7K | $150K | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.0391% | 1h | 234.30 | −0.017% | $35K | $48K | 10x | as long as short |
| Entropy io:NBIS | +0.0482% | 1h | 234.41 | +0.030% | $10.2M | $3.3M | 10x | as long as short |
| edgeX NBISUSDC | +0.0699% | 4h | 234.45 | +0.045% | $38K | $226K | 10x | as long as short |
tradeXYZ xyz:NBIS
Kraken Futures PF_NBISUSD
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Bitget NBISUSDT
GRVT NBIS_USDT_Perp
SunX NBIS-USDT
HTX NBIS-USDT
Phemex NBISUSDT
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
Variational Omni NBIS
KuCoin NBISUSDTM
Coinbase International NBIS-PERP-INTX
BloFin NBIS-USDT
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
Lighter NBIS
Phoenix NBIS
Deribit NBIS_USDC-PERPETUAL
edgeX NBISUSDC