NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0040%/8h= −4.4% APRnext payment −$0.05 per $10,000 · paid last 24h −0.006%

Price spread now: Deribit against Arcus+0.099%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Arcus Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Deribit is 0.099% dearer against Arcus than usual: you sell high and buy low (spread +0.099% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 8.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus NBIS-USD	233.05	0.0040	pay 0.0005% / 1h	13m 45s	$42K	$132K	5x
Short	Deribit NBIS_USDC-PERPETUAL	233.28	0	get 0.0000% / 1h	13m 45s	$35K	$49K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Arcus. 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 ArcusbpFee DeribitbpOrdersPrice spread, now +0.099%Rate

Funding earned: −$8.46
Price spread: +0.099% → 0.000%: $9.87
Slippage, 4 orders: no order book: not counted
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$10.09
Costs to cover: 0.115%
Break-even: never at this rate

Slippage unknown: Arcus: live order book, 39 min ago; Deribit: 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 Arcus live order book, 39 min ago	3.41 bp	9.1 bp −$9	18.3 bp −$183	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: 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
Aster NBISUSDT	0.0000%	8h	233.39	+0.144%	$78K	$310K	50x	as long as short
Extended NBIS-USD	0.0000%	1h	233.26	+0.091%	$146K	$635K	10x	as long as short
Binance NBISUSDT	0.0000%	8h	233.35	+0.129%	$19.0M	$85.2M	25x	as long as short
Bybit NBISUSDT	0.0000%	8h	233.41	+0.154%	$5.0M	$6.3M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	233.36	+0.133%	$3.4M	$16.2M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	233.36	+0.133%	$2.7M	$5.1M	50x	as long as short
Bitget NBISUSDT	0.0000%	8h	233.38	+0.142%	$2.3M	$4.5M	20x	as long as short
Variational Omni NBIS	0.0000%	8h	233.10	+0.023%	$2.9M	$552K	—	as long as short
GRVT NBIS_USDT_Perp	0.0000%	8h	232.98	−0.031%	$5K	$120K	10x	as long as short
SunX NBIS-USDT	0.0000%	8h	233.38	+0.142%	$899	$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
Deribit NBIS_USDC-PERPETUALshort	0.0000%	1h	233.28	+0.099%	$35K	$49K	10x
HTX NBIS-USDT	0.0000%	8h	233.51	+0.197%	$15K	$60K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	233.39	+0.146%	$1.6M	$955K	10x	as long as short
Nado NBIS-PERP	+0.0017%	1h	233.36	+0.135%	$38K	$115K	3x	as long as short
BloFin NBIS-USDT	+0.0030%	8h	233.30	+0.107%	$206K	$205K	20x	as long as short
QFEX NBIS-USD	+0.0034%	1h	233.37	+0.137%	$1.5M	$4.0M	10x	as long as short
Arcus NBIS-USDlong	+0.0040%	1h	233.05	long leg	$42K	$132K	5x
Vest NBIS-USD-PERP	+0.0046%	1h	233.48	+0.185%	—	$216K	5x	as long as short
Kraken Futures PF_NBISUSD	+0.0049%	1h	233.32	+0.115%	$23K	$15K	20x	as long as short
tradeXYZ xyz:NBIS	+0.0050%	1h	233.32	+0.116%	$54.4M	$20.1M	10x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	233.33	+0.120%	$143K	$460K	10x	as long as short
SoDEX NBIS-USD	+0.0050%	1h	233.33	+0.120%	$107	$21K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	233.35	+0.129%	$160K	$501K	10x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	233.26	+0.090%	$481K	$20K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	233.35	+0.129%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	233.26	+0.088%	—	—	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0104%	1h	233.28	+0.099%	$362K	$773K	10x	as long as short
edgeX NBISUSDC	+0.0114%	4h	232.90	−0.063%	$37K	$227K	10x	as long as short
Lighter NBIS	+0.0216%	1h	233.40	+0.150%	$926K	$4.0M	10x	as long as short
Phoenix NBIS	+0.0239%	1h	232.87	−0.077%	$7K	$150K	10x	as long as short
Entropy io:NBIS	+0.0301%	1h	233.24	+0.082%	$10.1M	$3.2M	10x	as long as short