NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0107%/8h= +11.7% APRnext payment +$0.13 per $10,000 · paid last 24h +0.027%

Price spread now: tradeXYZ against Arcus−0.009%7-day average +0.015% · 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−$45as in the Price arb table

costs, in and out, $10k−$420.425% of the position

Long on Arcus Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.039%−$4 on $10k

Price spread, last 4 days (all we have)+0.022%+$2 · spread now −0.009%, 7d avg +0.015%

Together, before fees−0.016%+ Points / potential airdroptradeXYZ: Active · farm board−$2 on $10k · with fees, hour by hour

Funding pays, the price is against you. tradeXYZ is 0.024% cheaper against Arcus than usual: you would sell low and buy high (spread −0.009% now, against its 7-day average of +0.015%). If the spread goes back, that is −$2 on $10k: about 18 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus NBIS-USD	231.21	0.0040	pay 0.0005% / 1h	30m 59s	$42K	$131K	5x
Short	tradeXYZ xyz:NBIS	231.19	0.0147	get 0.0018% / 1h	30m 59s	$54.3M	$21.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.009%Rate

Funding earned: $22.41
Price spread: −0.009% → +0.015%: −$2.35
Slippage, 4 orders: −$19.99
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$22.42
Costs to cover: 0.425%
Break-even: 14.0 days

Slippage from Arcus: live order book, 7 min ago; tradeXYZ: live order book, 9 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, 7 min ago	5.19 bp	9.2 bp −$9	17.7 bp −$177	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 9 min ago	0.22 bp	10.7 bp −$11	14.1 bp −$141	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
Bitget NBISUSDT	−0.0419%	8h	231.43	+0.095%	$2.3M	$4.6M	20x	as long as short
Aster NBISUSDT	0.0000%	8h	231.34	+0.055%	$84K	$311K	50x	as long as short
Extended NBIS-USD	0.0000%	1h	231.30	+0.038%	$148K	$876K	10x	as long as short
Binance NBISUSDT	0.0000%	8h	231.38	+0.074%	$18.7M	$87.8M	25x	as long as short
Bybit NBISUSDT	0.0000%	8h	231.39	+0.078%	$4.9M	$6.8M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	231.25	+0.017%	$3.3M	$16.0M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	231.40	+0.082%	$2.7M	$5.2M	50x	as long as short
Variational Omni NBIS	0.0000%	8h	231.17	−0.017%	$2.8M	$594K	—	as long as short
GRVT NBIS_USDT_Perp	0.0000%	8h	231.32	+0.048%	$4K	$116K	10x	as long as short
SunX NBIS-USDT	0.0000%	8h	231.48	+0.117%	$1K	$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
HTX NBIS-USDT	0.0000%	8h	231.45	+0.104%	$15K	$57K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	231.42	+0.091%	$1.6M	$969K	10x	as long as short
BloFin NBIS-USDT	+0.0026%	8h	231.48	+0.117%	$204K	$209K	20x	as long as short
Arcus NBIS-USDlong	+0.0040%	1h	231.21	long leg	$42K	$131K	5x
QFEX NBIS-USD	+0.0041%	1h	231.43	+0.095%	$1.5M	$3.7M	10x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	231.28	+0.030%	—	$222K	5x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	231.37	+0.069%	$137K	$473K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	231.25	+0.017%	$151K	$543K	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0056%	1h	230.39	−0.355%	$353K	$805K	10x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	231.16	−0.022%	$475K	$20K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	231.41	+0.087%	$2K	$3K	10x	as long as short
SoDEX NBIS-USD	+0.0103%	1h	231.39	+0.078%	$97	$20K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	231.38	+0.075%	—	—	10x	as long as short
tradeXYZ xyz:NBISshort	+0.0147%	1h	231.19	−0.009%	$54.3M	$21.2M	10x
Nado NBIS-PERP	+0.0171%	1h	231.20	−0.004%	$38K	$116K	3x	as long as short
Phoenix NBIS	+0.0312%	1h	231.38	+0.074%	$7K	$125K	10x	as long as short
Lighter NBIS	+0.0344%	1h	231.37	+0.069%	$933K	$4.0M	10x	as long as short
edgeX NBISUSDC	+0.0414%	4h	231.38	+0.073%	$37K	$227K	10x	as long as short
Entropy io:NBIS	+0.0439%	1h	231.24	+0.013%	$10.1M	$3.1M	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0540%	1h	231.28	+0.031%	$23K	$15K	20x	as long as short
Deribit NBIS_USDC-PERPETUAL	+0.0615%	1h	231.35	+0.061%	$34K	$49K	10x	as long as short