Funding you earn now, next payment 08:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.08 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against Binance−0.026%7-day average +0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$350.349% of the position
Funding, last 7 days−0.009%−$1 on $10k
+Price spread, last 4 days (all we have)+0.223%+$22 · spread now −0.026%, 7d avg +0.042%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.067% cheaper against Binance than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.042%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance NBISUSDT | 234.07 | 0.0143 | pay 0.0143% / 8h | 5h 46m | $19.1M | $84.7M | 25x |
| Short | BloFin NBIS-USDT | 234.01 | 0.0151 | get 0.0151% / 8h | 5h 46m | — | $204K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- $1.73
- Price spread: −0.026% → +0.042%
- −$6.74
- Slippage, 4 orders
- −$12.89
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$39.9
- Costs to cover
- 0.349%
- Break-even
- 168.8 days
Slippage from Binance: live order book, 11 min ago; BloFin: live order book, 73 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 Binance live order book, 11 min ago | 0.64 bp | 8.6 bp −$9 | 22.4 bp −$224 | 88.1 bp −$8,814 | doesn't fit |
| Sell BloFin live order book, 73 min ago | 0.64 bp | 7.8 bp −$8 | 13.4 bp −$134 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado NBIS-PERP | −0.0021% | 1h | 233.97 | −0.045% | $67K | $95K | 3x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 234.08 | +0.004% | $5.0M | $6.2M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 234.04 | −0.013% | $3.4M | $16.2M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 234.09 | +0.009% | $2.8M | $5.0M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 234.07 | 0.000% | $2.4M | $4.4M | 20x | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 234.25 | +0.079% | $5K | $127K | 10x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 234.04 | −0.013% | $971 | $1.7M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | 0.0000% | 1h | 233.93 | −0.060% | $35K | $48K | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 234.04 | −0.013% | $15K | $60K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 234.04 | −0.013% | $1.6M | $966K | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX NBIS-USD | +0.0023% | 1h | 234.00 | −0.030% | $1.5M | $4.4M | 10x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 233.94 | −0.056% | $42K | $132K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 234.20 | +0.056% | — | $215K | 5x | as long as short |
| tradeXYZ xyz:NBIS | +0.0050% | 1h | 234.00 | −0.030% | $54.6M | $19.7M | 10x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 233.95 | −0.051% | $149K | $453K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 234.01 | −0.026% | $23 | $20K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 233.91 | −0.068% | $163K | $499K | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 234.02 | −0.021% | $482K | $21K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 234.00 | −0.030% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 233.97 | −0.042% | — | — | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0104% | 1h | 233.53 | −0.231% | $382K | $712K | 10x | as long as short |
| Variational Omni NBIS | +0.0121% | 8h | 234.14 | +0.030% | $2.8M | $569K | — | as long as short |
| Aster NBISUSDT | +0.0133% | 8h | 234.21 | +0.060% | $81K | $307K | 50x | as long as short |
| Binance NBISUSDTlong | +0.0143% | 8h | 234.07 | long leg | $19.1M | $84.7M | 25x | |
| Extended NBIS-USD | +0.0144% | 1h | 234.00 | −0.031% | $146K | $703K | 10x | as long as short |
| BloFin NBIS-USDTshort | +0.0151% | 8h | 234.01 | −0.026% | — | $204K | 20x | |
| Kraken Futures PF_NBISUSD | +0.0152% | 1h | 233.95 | −0.051% | $23K | $15K | 20x | as long as short |
| Lighter NBIS | +0.0232% | 1h | 234.09 | +0.009% | $903K | $4.3M | 10x | as long as short |
| Phoenix NBIS | +0.0308% | 1h | 234.23 | +0.068% | $7K | $150K | 10x | as long as short |
| Entropy io:NBIS | +0.0410% | 1h | 234.05 | −0.009% | $10.2M | $3.3M | 10x | as long as short |
| edgeX NBISUSDC | +0.0722% | 4h | 233.94 | −0.055% | $38K | $227K | 10x | as long as short |
Binance NBISUSDT
BloFin NBIS-USDT
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Bitget NBISUSDT
GRVT NBIS_USDT_Perp
SunX NBIS-USDT
Deribit NBIS_USDC-PERPETUAL
HTX NBIS-USDT
Phemex NBISUSDT
tradeXYZ xyz:NBIS
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
KuCoin NBISUSDTM
Coinbase International NBIS-PERP-INTX
Variational Omni NBIS
Aster NBISUSDT
Extended NBIS-USD
Kraken Futures PF_NBISUSD
Lighter NBIS
Phoenix NBIS
edgeX NBISUSDC