NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0820%/8h= −89.8% APRnext payment −$1.03 per $10,000 · paid last 24h −0.012%

Price spread now: SoDEX against Arcus+0.065%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 SoDEX

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. SoDEX is 0.065% dearer against Arcus than usual: you sell high and buy low (spread +0.065% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$25 a day in funding at the current rate, which eats that in about 6 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus NBIS-USD	231.95	0.0870	pay 0.0109% / 1h	7m 30s	$42K	$116K	5x
Short	SoDEX NBIS-USD	232.10	0.0050	get 0.0006% / 1h	7m 30s	$1K	$20K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now +0.065%Rate

Funding earned: −$172.22
Price spread: +0.065% → 0.000%: $6.47
Slippage, 4 orders: no order book: not counted
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$178.25
Costs to cover: 0.125%
Break-even: never at this rate

Slippage unknown: Arcus: live order book, 33 min ago; SoDEX: 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, 33 min ago	3.86 bp	6.1 bp −$6	9.7 bp −$97	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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 exchanges

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
OKX NBIS-USDT-SWAP	0.0000%	8h	232.00	+0.022%	$3.3M	$16.1M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	232.03	+0.034%	$2.7M	$4.9M	50x	as long as short
Bitget NBISUSDT	0.0000%	8h	231.99	+0.017%	$2.2M	$4.4M	20x	as long as short
SunX NBIS-USDT	0.0000%	8h	232.50	+0.237%	$1K	$1.3M	10x	as long as short
Deribit NBIS_USDC-PERPETUAL	0.0000%	1h	232.12	+0.073%	$36K	$51K	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	232.52	+0.246%	$12K	$61K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	232.03	+0.034%	$1.6M	$967K	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0040%	1h	232.07	+0.054%	$22K	$10K	20x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	232.23	+0.121%	—	$245K	5x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	231.97	+0.009%	$129K	$467K	10x	as long as short

Show all 31 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX NBIS-USDshort	+0.0050%	1h	232.10	+0.065%	$1K	$20K	10x
Ondo Perps NBIS-USD.P	+0.0050%	1h	232.37	+0.181%	$151K	$508K	10x	as long as short
QFEX NBIS-USD	+0.0053%	1h	232.02	+0.030%	$1.6M	$3.6M	10x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	232.00	+0.022%	$471K	$294K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	232.32	+0.160%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	232.31	+0.156%	—	—	10x	as long as short
Nado NBIS-PERP	+0.0120%	1h	231.93	−0.008%	$38K	$54K	3x	as long as short
Bybit NBISUSDT	+0.0132%	8h	231.98	+0.013%	$5.4M	$6.9M	50x	as long as short
Variational Omni NBIS	+0.0135%	8h	232.46	+0.220%	$2.9M	$621K	—	as long as short
Aster NBISUSDT	+0.0165%	8h	232.52	+0.246%	$80K	$314K	50x	as long as short
Binance NBISUSDT	+0.0181%	8h	232.13	+0.078%	$20.5M	$89.8M	25x	as long as short
Extended NBIS-USD	+0.0184%	1h	232.02	+0.031%	$146K	$1.0M	10x	as long as short
BloFin NBIS-USDT	+0.0210%	8h	232.64	+0.297%	$207K	$214K	20x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0224%	1h	232.43	+0.207%	$380K	$856K	10x	as long as short
GRVT NBIS_USDT_Perp	+0.0234%	8h	232.62	+0.289%	$5K	$101K	10x	as long as short
tradeXYZ xyz:NBIS	+0.0241%	1h	231.95	0.000%	$55.3M	$19.1M	10x	as long as short
Lighter NBIS	+0.0304%	1h	232.05	+0.043%	$930K	$3.8M	10x	as long as short
Phoenix NBIS	+0.0444%	1h	232.51	+0.241%	$7K	$117K	10x	as long as short
edgeX NBISUSDC	+0.0638%	4h	232.50	+0.235%	$31K	$233K	10x	as long as short
Entropy io:NBIS	+0.0640%	1h	232.23	+0.121%	$10.1M	$2.8M	10x	as long as short
Arcus NBIS-USDlong	+0.0870%	1h	231.95	long leg	$42K	$116K	5x