NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.01 per $10,000 · paid last 24h −0.017%

Price spread now: Polymarket Perps against Arcus+0.121%7-day average +0.005% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$24as in the Price arb table

costs, in and out, $10k−$360.358% of the position

Long on Arcus Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.160%−$16 on $10k

Price spread, last 4 days (all we have)+0.239%+$24 · spread now +0.121%, 7d avg +0.005%

Together, before fees+0.080%+$8 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Polymarket Perps is 0.116% dearer against Arcus than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.005%. Mind the row above: over the last 4 days funding on this pair cost −0.160%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus NBIS-USD	230.70	0.0040	pay 0.0005% / 1h	48m 06s	$42K	$131K	5x
Short	Polymarket Perps NBIS-USD	230.98	0.0050	get 0.0006% / 1h	48m 06s	$137K	$473K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now +0.121%Rate

Funding earned: $2.04
Price spread: +0.121% → +0.005%: $11.6
Slippage, 4 orders: −$23.31
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$22.17
Costs to cover: 0.358%
Break-even: 83.0 days

Slippage from Arcus: live order book, 55 min ago; Polymarket Perps: live order book, 54 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, 55 min ago	4.12 bp	9.2 bp −$9	17.3 bp −$173	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 54 min ago	2.82 bp	6.8 bp −$7	7.1 bp −$71	27.5 bp −$2,748	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	−0.0532%	8h	231.19	+0.212%	$2.3M	$4.6M	20x	as long as short
BloFin NBIS-USDT	−0.0018%	8h	230.98	+0.121%	$205K	$211K	20x	as long as short
Aster NBISUSDT	0.0000%	8h	230.89	+0.082%	$84K	$311K	50x	as long as short
Extended NBIS-USD	0.0000%	1h	231.07	+0.161%	$146K	$716K	10x	as long as short
Binance NBISUSDT	0.0000%	8h	231.14	+0.192%	$18.5M	$87.7M	25x	as long as short
Bybit NBISUSDT	0.0000%	8h	231.17	+0.204%	$4.9M	$6.8M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	231.22	+0.225%	$3.3M	$16.1M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	231.14	+0.191%	$2.7M	$5.2M	50x	as long as short
Variational Omni NBIS	0.0000%	8h	230.57	−0.056%	$2.8M	$595K	—	as long as short
GRVT NBIS_USDT_Perp	0.0000%	8h	230.66	−0.018%	$4K	$116K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX NBIS-USDT	0.0000%	8h	231.08	+0.165%	$1K	$1.6M	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	230.85	+0.065%	$15K	$57K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	231.28	+0.251%	$1.6M	$966K	10x	as long as short
Arcus NBIS-USDlong	+0.0040%	1h	230.70	long leg	$42K	$131K	5x
QFEX NBIS-USD	+0.0041%	1h	231.13	+0.186%	$1.5M	$3.8M	10x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	230.91	+0.091%	—	$222K	5x	as long as short
Polymarket Perps NBIS-USDshort	+0.0050%	1h	230.98	+0.121%	$137K	$473K	10x
SoDEX NBIS-USD	+0.0050%	1h	231.07	+0.160%	$116	$20K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	230.89	+0.082%	$150K	$543K	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0056%	1h	230.39	−0.134%	$353K	$814K	10x	as long as short
Nado NBIS-PERP	+0.0080%	1h	230.81	+0.049%	$38K	$116K	3x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	230.91	+0.091%	$476K	$20K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	231.01	+0.134%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	231.02	+0.139%	—	—	10x	as long as short
tradeXYZ xyz:NBIS	+0.0117%	1h	231.02	+0.139%	$54.3M	$21.1M	10x	as long as short
Phoenix NBIS	+0.0312%	1h	230.87	+0.074%	$7K	$125K	10x	as long as short
Entropy io:NBIS	+0.0327%	1h	230.84	+0.061%	$10.1M	$3.1M	10x	as long as short
Lighter NBIS	+0.0328%	1h	231.11	+0.178%	$938K	$4.0M	10x	as long as short
edgeX NBISUSDC	+0.0349%	4h	230.58	−0.052%	$37K	$227K	10x	as long as short
Deribit NBIS_USDC-PERPETUAL	+0.0443%	1h	231.03	+0.143%	$34K	$49K	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0541%	1h	231.01	+0.134%	$23K	$15K	20x	as long as short