NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.12 per $10,000 · paid last 24h −0.044%

Price spread now: Polymarket Perps against tradeXYZ+0.004%7-day average −0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs−$63as in the Funding arb table

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$390.390% of the position

Long on tradeXYZ Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.241%−$24 on $10k

Price spread, last 4 days (all we have)+0.443%+$44 · spread now +0.004%, 7d avg −0.008%

Together, before fees+0.201%+ Points / potential airdroptradeXYZ: Active · farm board+$20 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.008%, so right now this pair is about funding alone: −$3 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	231.31	0.0150	pay 0.0019% / 1h	34m 04s	$54.3M	$21.1M	10x
Short	Polymarket Perps NBIS-USD	231.32	0.0050	get 0.0006% / 1h	34m 04s	$137K	$473K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now +0.004%Rate

Funding earned: −$21
Price spread: +0.004% → −0.008%: $1.27
Slippage, 4 orders: −$12.99
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$58.71
Costs to cover: 0.390%
Break-even: never at this rate

Slippage from tradeXYZ: live order book, 5 min ago; Polymarket Perps: live order book, 3 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, 5 min ago	0.22 bp	13.0 bp −$13	doesn't fit	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 3 min ago	2.60 bp	7.4 bp −$7	7.7 bp −$77	38.9 bp −$3,889	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	−0.0440%	8h	231.47	+0.069%	$2.3M	$4.6M	20x	as long as short
Aster NBISUSDT	0.0000%	8h	231.49	+0.080%	$84K	$311K	50x	as long as short
Extended NBIS-USD	0.0000%	1h	231.44	+0.055%	$148K	$876K	10x	as long as short
Binance NBISUSDT	0.0000%	8h	231.49	+0.078%	$18.7M	$87.8M	25x	as long as short
Bybit NBISUSDT	0.0000%	8h	231.49	+0.078%	$4.9M	$6.8M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	231.42	+0.048%	$3.3M	$16.1M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	231.48	+0.073%	$2.7M	$5.2M	50x	as long as short
Variational Omni NBIS	0.0000%	8h	231.17	−0.061%	$2.8M	$594K	—	as long as short
GRVT NBIS_USDT_Perp	0.0000%	8h	231.29	−0.009%	$4K	$116K	10x	as long as short
SunX NBIS-USDT	0.0000%	8h	231.36	+0.022%	$1K	$1.6M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX NBIS-USDT	0.0000%	8h	231.29	−0.009%	$15K	$57K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	231.47	+0.069%	$1.6M	$970K	10x	as long as short
BloFin NBIS-USDT	+0.0028%	8h	231.35	+0.017%	$203K	$209K	20x	as long as short
Arcus NBIS-USD	+0.0040%	1h	231.12	−0.082%	$42K	$131K	5x	as long as short
QFEX NBIS-USD	+0.0041%	1h	231.34	+0.013%	$1.5M	$3.8M	10x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	231.17	−0.061%	—	$222K	5x	as long as short
Polymarket Perps NBIS-USDshort	+0.0050%	1h	231.32	+0.004%	$137K	$473K	10x
Ondo Perps NBIS-USD.P	+0.0050%	1h	231.06	−0.108%	$150K	$543K	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0056%	1h	230.39	−0.398%	$353K	$810K	10x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	231.29	−0.009%	$477K	$20K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	231.43	+0.052%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	231.42	+0.049%	—	—	10x	as long as short
SoDEX NBIS-USD	+0.0109%	1h	231.37	+0.026%	$102	$20K	10x	as long as short
tradeXYZ xyz:NBISlong	+0.0150%	1h	231.31	long leg	$54.3M	$21.1M	10x
Nado NBIS-PERP	+0.0180%	1h	231.18	−0.055%	$38K	$116K	3x	as long as short
Phoenix NBIS	+0.0312%	1h	231.13	−0.078%	$7K	$125K	10x	as long as short
edgeX NBISUSDC	+0.0332%	4h	231.30	−0.006%	$37K	$227K	10x	as long as short
Lighter NBIS	+0.0352%	1h	231.43	+0.052%	$933K	$4.0M	10x	as long as short
Entropy io:NBIS	+0.0437%	1h	231.10	−0.091%	$10.1M	$3.1M	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0540%	1h	231.41	+0.043%	$23K	$15K	20x	as long as short
Deribit NBIS_USDC-PERPETUAL	+0.0701%	1h	231.56	+0.108%	$34K	$49K	10x	as long as short