Funding you earn now, next payment 10:00 UTC+0.0812%/8h= +88.9% APRpaid last 24h +0.101%
Price spread now: Kraken Futures against Bitget+0.100%48s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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
Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and Kraken Futures is 0.100% dearer against Bitget than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget NBISUSDT | 230.29 | −0.0041 | get 0.0041% / 8h | 6h 54m | $2.3M | $4.7M | 20x |
| Short | Kraken Futures PF_NBISUSD | 230.52 | 0.0771 | get 0.0096% / 1h | 54m 22s | $22K | $16K | 20x |
Bitget NBISUSDT
Kraken Futures PF_NBISUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Bitget. 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
- $170.44
- Price spread: +0.100% → 0.000%
- $10.03
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $158.46
- Costs to cover
- 0.220%
- Break-even
- 0.5 days
Slippage unknown: Bitget: live order book, 4 min ago; Kraken Futures: 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 Bitget live order book, 4 min ago | 2.38 bp | 18.3 bp −$18 | 26.7 bp −$267 | 44.4 bp −$4,443 | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Kraken Futures: 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 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 NBISUSDTlong | −0.0041% | 8h | 230.29 | long leg | $2.3M | $4.7M | 20x | |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 230.35 | +0.026% | $3.2M | $16.4M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 230.41 | +0.052% | $2.7M | $5.0M | 50x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 231.17 | +0.382% | $1K | $1.6M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | 0.0000% | 1h | 230.42 | +0.056% | $34K | $50K | 10x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 230.45 | +0.069% | $1.6M | $971K | 10x | as long as short |
| Variational Omni NBIS | +0.0011% | 8h | 231.16 | +0.378% | $2.8M | $639K | — | as long as short |
| Aster NBISUSDT | +0.0028% | 8h | 230.63 | +0.149% | $74K | $320K | 50x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 230.51 | +0.096% | — | $246K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 230.32 | +0.013% | $137K | $467K | 10x | as long as short |
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
SunX NBIS-USDT
Deribit NBIS_USDC-PERPETUAL
Phemex NBISUSDT
Variational Omni NBIS
Aster NBISUSDT
Vest NBIS-USD-PERP
Polymarket Perps NBIS-USDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 230.99 | +0.304% | $149K | $538K | 10x | as long as short |
| QFEX NBIS-USD | +0.0054% | 1h | 230.40 | +0.048% | $1.5M | $3.7M | 10x | as long as short |
| BloFin NBIS-USDT | +0.0058% | 8h | 230.56 | +0.117% | $201K | $215K | 20x | as long as short |
| Extended NBIS-USD | +0.0064% | 1h | 230.38 | +0.039% | $145K | $856K | 10x | as long as short |
| Binance NBISUSDT | +0.0064% | 8h | 230.44 | +0.065% | $18.7M | $90.8M | 25x | as long as short |
| Nado NBIS-PERP | +0.0069% | 1h | 230.36 | +0.030% | $38K | $116K | 3x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0088% | 1h | 230.78 | +0.213% | $382K | $869K | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 230.47 | +0.078% | $467K | $107K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 230.62 | +0.143% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 231.08 | +0.344% | — | — | 10x | as long as short |
| Bybit NBISUSDT | +0.0146% | 8h | 230.42 | +0.056% | $4.9M | $6.8M | 50x | as long as short |
| HTX NBIS-USDT | +0.0157% | 8h | 230.95 | +0.287% | $13K | $62K | 20x | as long as short |
| SoDEX NBIS-USD | +0.0209% | 1h | 230.54 | +0.109% | $74 | $20K | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0242% | 1h | 230.37 | +0.035% | $54.1M | $21.8M | 10x | as long as short |
| Arcus NBIS-USD | +0.0257% | 1h | 230.38 | +0.039% | $42K | $124K | 5x | as long as short |
| Phoenix NBIS | +0.0277% | 1h | 230.93 | +0.278% | $7K | $127K | 10x | as long as short |
| Lighter NBIS | +0.0296% | 1h | 230.48 | +0.083% | $925K | $4.0M | 10x | as long as short |
| Entropy io:NBIS | +0.0681% | 1h | 230.57 | +0.122% | $10.1M | $3.2M | 10x | as long as short |
| edgeX NBISUSDC | +0.0719% | 4h | 231.07 | +0.339% | $37K | $226K | 10x | as long as short |
| Kraken Futures PF_NBISUSDshort | +0.0771% | 1h | 230.52 | +0.100% | $22K | $16K | 20x | |
| GRVT NBIS_USDT_Perp | +0.0822% | 8h | 231.19 | +0.391% | $5K | $114K | 10x | as long as short |
Ondo Perps NBIS-USD.P
QFEX NBIS-USD
BloFin NBIS-USDT
Extended NBIS-USD
Binance NBISUSDT
Nado NBIS-PERP
Coinbase International NBIS-PERP-INTX
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
Bybit NBISUSDT
HTX NBIS-USDT
SoDEX NBIS-USD
tradeXYZ xyz:NBIS
Arcus NBIS-USD
Phoenix NBIS
Lighter NBIS
Entropy io:NBIS
edgeX NBISUSDC
GRVT NBIS_USDT_Perp