Funding you earn now, next payment 05:00 UTC+0.0138%/8h= +15.1% APRnext payment +$0.17 per $10,000 · paid last 24h —
Price spread now: Phoenix against Aevo+0.178%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Phoenix is 0.178% dearer against Aevo than usual: you sell high and buy low: +$18 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo NBIS-PERP | 232.13 | 0.0104 | pay 0.0013% / 1h | 45m 18s | — | — | 10x |
| Short | Phoenix NBIS | 232.54 | 0.0242 | get 0.0030% / 1h | 45m 18s | $7K | $150K | 10x |
Aevo NBIS-PERP
Phoenix NBISFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Aevo. 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
- $28.88
- Price spread: +0.178% → 0.000%
- $17.76
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $23.64
- Costs to cover
- 0.230%
- Break-even
- 1.3 days
Slippage unknown: Aevo: no order-book sample; Phoenix: live order book, 61 min ago. 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 Aevo no order-book sample | — | — | — | — | — |
| Sell Phoenix live order book, 61 min ago | 5.12 bp | 15.9 bp −$16 | 34.5 bp −$345 | doesn't fit | doesn't fit |
Aevo: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget NBISUSDT | −0.0102% | 8h | 232.28 | +0.066% | $2.3M | $4.5M | 20x | as long as short |
| BloFin NBIS-USDT | −0.0025% | 8h | 232.13 | +0.001% | $205K | $205K | 20x | as long as short |
| Aster NBISUSDT | 0.0000% | 8h | 232.27 | +0.060% | $83K | $310K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 232.14 | +0.005% | $145K | $753K | 10x | as long as short |
| Binance NBISUSDT | 0.0000% | 8h | 232.18 | +0.025% | $18.8M | $85.6M | 25x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 232.20 | +0.031% | $4.9M | $6.4M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 232.07 | −0.025% | $3.3M | $16.0M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 232.30 | +0.074% | $2.7M | $5.0M | 50x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 232.03 | −0.042% | $2.9M | $555K | — | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 232.07 | −0.026% | $5K | $118K | 10x | as long as short |
Bitget NBISUSDT
BloFin NBIS-USDT
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Variational Omni NBIS
GRVT NBIS_USDT_PerpShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX NBIS-USDT | 0.0000% | 8h | 232.32 | +0.083% | $1K | $1.6M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | 0.0000% | 1h | 232.14 | +0.005% | $34K | $49K | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 232.08 | −0.021% | $15K | $60K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 232.14 | +0.005% | $1.6M | $956K | 10x | as long as short |
| Nado NBIS-PERP | +0.0024% | 1h | 232.07 | −0.026% | $38K | $115K | 3x | as long as short |
| QFEX NBIS-USD | +0.0029% | 1h | 232.29 | +0.070% | $1.5M | $3.9M | 10x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 232.13 | +0.001% | $42K | $132K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 232.23 | +0.044% | — | $217K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 232.24 | +0.048% | $143K | $459K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 232.08 | −0.021% | $93 | $20K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 232.14 | +0.005% | $160K | $506K | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0075% | 1h | 232.22 | +0.040% | $54.1M | $20.2M | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 232.26 | +0.057% | $478K | $20K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 232.19 | +0.027% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERPlong | +0.0104% | 1h | 232.13 | long leg | — | — | 10x | |
| Coinbase International NBIS-PERP-INTX | +0.0168% | 1h | 232.30 | +0.074% | $361K | $771K | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0222% | 1h | 232.09 | −0.017% | $23K | $15K | 20x | as long as short |
| Phoenix NBISshort | +0.0242% | 1h | 232.54 | +0.178% | $7K | $150K | 10x | |
| edgeX NBISUSDC | +0.0276% | 4h | 232.05 | −0.034% | $37K | $227K | 10x | as long as short |
| Lighter NBIS | +0.0312% | 1h | 232.18 | +0.023% | $929K | $3.9M | 10x | as long as short |
| Entropy io:NBIS | +0.0450% | 1h | 232.25 | +0.053% | $10.1M | $3.2M | 10x | as long as short |
SunX NBIS-USDT
Deribit NBIS_USDC-PERPETUAL
HTX NBIS-USDT
Phemex NBISUSDT
Nado NBIS-PERP
QFEX NBIS-USD
Arcus NBIS-USD
Vest NBIS-USD-PERP
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
Ondo Perps NBIS-USD.P
tradeXYZ xyz:NBIS
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Coinbase International NBIS-PERP-INTX
Kraken Futures PF_NBISUSD
edgeX NBISUSDC
Lighter NBIS
Entropy io:NBIS