Funding you earn now, next payment 08:00 UTC−0.0147%/8h= −16.1% APRpaid last 24h −0.060%
Price spread now: Phemex against tradeXYZ+0.022%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$146as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$1141.139% of the position
Funding, last 7 days−0.320%−$32 on $10k
+Price spread, last 4 days (all we have)−0.032%−$3 · spread now +0.022%, 7d avg +0.011%
=Together, before fees−0.352%+ Points / potential airdroptradeXYZ: Active · farm board−$35 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.011%, so right now this pair is about funding alone: −$4 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 | 231.30 | 0.0147 | pay 0.0018% / 1h | 31m 49s | $54.3M | $21.1M | 10x |
| Short | Phemex NBISUSDT | 231.35 | 0 | get 0.0000% / 8h | 31m 49s | $1.6M | $969K | 10x |
tradeXYZ xyz:NBIS
Phemex NBISUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- −$30.94
- Price spread: +0.022% → +0.011%
- $1.05
- Slippage, 4 orders
- −$83.88
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$143.77
- Costs to cover
- 1.139%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 8 min ago; Phemex: live order book, 1 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, 8 min ago | 0.22 bp | 13.0 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 1 min ago | 3.46 bp | 46.9 bp −$47 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget NBISUSDT | −0.0426% | 8h | 231.44 | +0.061% | $2.3M | $4.6M | 20x | as long as short |
| Aster NBISUSDT | 0.0000% | 8h | 231.34 | +0.016% | $84K | $311K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 231.37 | +0.031% | $148K | $876K | 10x | as long as short |
| Binance NBISUSDT | 0.0000% | 8h | 231.43 | +0.057% | $18.7M | $87.8M | 25x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 231.40 | +0.043% | $4.9M | $6.8M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 231.44 | +0.061% | $3.3M | $16.0M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 231.48 | +0.078% | $2.7M | $5.2M | 50x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 231.17 | −0.056% | $2.8M | $594K | — | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 231.32 | +0.009% | $4K | $116K | 10x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 231.49 | +0.082% | $1K | $1.6M | 10x | as long as short |
Bitget NBISUSDT
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
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 | |
|---|---|---|---|---|---|---|---|---|
| HTX NBIS-USDT | 0.0000% | 8h | 231.45 | +0.065% | $15K | $57K | 20x | as long as short |
| Phemex NBISUSDTshort | 0.0000% | 8h | 231.35 | +0.022% | $1.6M | $969K | 10x | |
| BloFin NBIS-USDT | +0.0011% | 8h | 231.41 | +0.048% | $204K | $209K | 20x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 231.19 | −0.048% | $42K | $131K | 5x | as long as short |
| QFEX NBIS-USD | +0.0041% | 1h | 231.49 | +0.082% | $1.5M | $3.8M | 10x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 231.28 | −0.009% | — | $222K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 231.29 | −0.004% | $137K | $473K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 231.25 | −0.022% | $150K | $543K | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0056% | 1h | 230.39 | −0.393% | $353K | $805K | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 231.18 | −0.052% | $477K | $20K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 231.33 | +0.013% | $2K | $3K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0103% | 1h | 231.30 | 0.000% | $102 | $20K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 231.29 | −0.005% | — | — | 10x | as long as short |
| tradeXYZ xyz:NBISlong | +0.0147% | 1h | 231.30 | long leg | $54.3M | $21.1M | 10x | |
| Nado NBIS-PERP | +0.0171% | 1h | 231.22 | −0.034% | $38K | $116K | 3x | as long as short |
| Phoenix NBIS | +0.0312% | 1h | 231.13 | −0.073% | $7K | $125K | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.0312% | 1h | 231.28 | −0.009% | $34K | $49K | 10x | as long as short |
| edgeX NBISUSDC | +0.0332% | 4h | 231.30 | −0.002% | $37K | $227K | 10x | as long as short |
| Lighter NBIS | +0.0344% | 1h | 231.30 | 0.000% | $933K | $4.0M | 10x | as long as short |
| Entropy io:NBIS | +0.0440% | 1h | 231.25 | −0.022% | $10.1M | $3.1M | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0540% | 1h | 231.24 | −0.028% | $23K | $15K | 20x | as long as short |
HTX NBIS-USDT
BloFin NBIS-USDT
Arcus NBIS-USD
QFEX NBIS-USD
Vest NBIS-USD-PERP
Polymarket Perps NBIS-USD
Ondo Perps NBIS-USD.P
Coinbase International NBIS-PERP-INTX
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
SoDEX NBIS-USD
Aevo NBIS-PERP
Nado NBIS-PERP
Phoenix NBIS
Deribit NBIS_USDC-PERPETUAL
edgeX NBISUSDC
Lighter NBIS
Entropy io:NBIS
Kraken Futures PF_NBISUSD