Funding you earn now, next payment 05:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h +0.025%
Price spread now: Gate against Arcus−0.112%7-day average +0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$500.496% of the position
Funding, last 4 days (all we have)−0.145%−$14 on $10k
+Price spread, last 4 days (all we have)+0.179%+$18 · spread now −0.112%, 7d avg +0.037%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.148% cheaper against Arcus than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of +0.037%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus NBIS-USD | 233.09 | 0.0040 | pay 0.0005% / 1h | 18m 21s | $42K | $132K | 5x |
| Short | Gate NBIS_USDT | 232.83 | 0 | get 0.0000% / 8h | 3h 18m | $2.7M | $5.1M | 50x |
Arcus NBIS-USD
Gate NBIS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Arcus. 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
- −$8.46
- Price spread: −0.112% → +0.037%
- −$14.84
- Slippage, 4 orders
- −$30.05
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$72.85
- Costs to cover
- 0.496%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 35 min ago; Gate: live order book, 5 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 Arcus live order book, 35 min ago | 3.41 bp | 9.1 bp −$9 | 18.3 bp −$183 | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 3.43 bp | 17.9 bp −$18 | 68.6 bp −$686 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NBISUSDT | 0.0000% | 8h | 232.97 | −0.052% | $78K | $310K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 232.74 | −0.152% | $146K | $655K | 10x | as long as short |
| Binance NBISUSDT | 0.0000% | 8h | 232.83 | −0.111% | $19.1M | $84.9M | 25x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 232.87 | −0.094% | $5.0M | $6.3M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 232.74 | −0.150% | $3.4M | $16.1M | 25x | as long as short |
| Gate NBIS_USDTshort | 0.0000% | 8h | 232.83 | −0.112% | $2.7M | $5.1M | 50x | |
| Bitget NBISUSDT | 0.0000% | 8h | 232.80 | −0.124% | $2.3M | $4.4M | 20x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 233.38 | +0.126% | $2.9M | $558K | — | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 233.38 | +0.124% | $5K | $120K | 10x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 233.37 | +0.120% | $1K | $1.6M | 10x | as long as short |
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Bitget NBISUSDT
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit NBIS_USDC-PERPETUAL | 0.0000% | 1h | 232.69 | −0.172% | $35K | $49K | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 233.56 | +0.202% | $15K | $60K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 232.91 | −0.077% | $1.6M | $954K | 10x | as long as short |
| BloFin NBIS-USDT | +0.0006% | 8h | 233.00 | −0.039% | $205K | $205K | 20x | as long as short |
| Nado NBIS-PERP | +0.0022% | 1h | 232.79 | −0.127% | $38K | $115K | 3x | as long as short |
| QFEX NBIS-USD | +0.0034% | 1h | 232.79 | −0.129% | $1.5M | $4.0M | 10x | as long as short |
| Arcus NBIS-USDlong | +0.0040% | 1h | 233.09 | long leg | $42K | $132K | 5x | |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 232.94 | −0.064% | — | $216K | 5x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0049% | 1h | 232.78 | −0.132% | $23K | $15K | 20x | as long as short |
| tradeXYZ xyz:NBIS | +0.0050% | 1h | 232.77 | −0.137% | $54.2M | $20.1M | 10x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 232.75 | −0.146% | $146K | $456K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 232.82 | −0.116% | $102 | $21K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 233.01 | −0.034% | $160K | $500K | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 232.80 | −0.124% | $480K | $20K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 232.79 | −0.129% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 232.74 | −0.150% | — | — | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0104% | 1h | 233.30 | +0.090% | $362K | $764K | 10x | as long as short |
| Lighter NBIS | +0.0216% | 1h | 232.88 | −0.090% | $923K | $4.0M | 10x | as long as short |
| Phoenix NBIS | +0.0239% | 1h | 233.32 | +0.099% | $7K | $150K | 10x | as long as short |
| Entropy io:NBIS | +0.0279% | 1h | 233.13 | +0.017% | $10.1M | $3.2M | 10x | as long as short |
| edgeX NBISUSDC | +0.0340% | 4h | 233.36 | +0.116% | $37K | $227K | 10x | as long as short |
Deribit NBIS_USDC-PERPETUAL
HTX NBIS-USDT
Phemex NBISUSDT
BloFin NBIS-USDT
Nado NBIS-PERP
QFEX NBIS-USD
Vest NBIS-USD-PERP
Kraken Futures PF_NBISUSD
tradeXYZ xyz:NBIS
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
Ondo Perps NBIS-USD.P
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
Coinbase International NBIS-PERP-INTX
Lighter NBIS
Phoenix NBIS
Entropy io:NBIS
edgeX NBISUSDC