Funding you earn now, next payment 02:00 UTC+0.0024%/8h= +2.6% APRpaid last 24h +0.013%
Price spread now: QFEX against Bitget−0.026%7-day average −0.051% · 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−$470.475% of the position
Funding, last 3 days (all we have)−0.038%−$4 on $10k
+Price spread, last 7 days+0.002%$0 · spread now −0.026%, 7d avg −0.051%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and QFEX is 0.025% dearer against Bitget than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.051%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget NBISUSDT | 233.37 | 0 | get 0.0000% / 8h | 6h 38m | $2.4M | $4.5M | 20x |
| Short | QFEX NBIS-USD | 233.31 | 0.0024 | get 0.0003% / 1h | 38m 02s | $1.5M | $4.7M | 10x |
Bitget NBISUSDT
QFEX NBIS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- $4.97
- Price spread: −0.026% → −0.051%
- $2.51
- Slippage, 4 orders
- −$25.46
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$39.97
- Costs to cover
- 0.475%
- Break-even
- 63.3 days
Slippage from Bitget: live order book, 5 min ago; QFEX: live order book, 5 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 Bitget live order book, 5 min ago | 2.57 bp | 17.6 bp −$18 | 27.0 bp −$270 | 43.2 bp −$4,315 | doesn't fit |
| Sell QFEX live order book, 5 min ago | 2.14 bp | 7.5 bp −$8 | 11.1 bp −$111 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit NBISUSDT | 0.0000% | 8h | 233.38 | +0.004% | $5.1M | $6.3M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 233.34 | −0.013% | $3.4M | $16.5M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 233.38 | +0.004% | $2.8M | $5.0M | 50x | as long as short |
| Bitget NBISUSDTlong | 0.0000% | 8h | 233.37 | long leg | $2.4M | $4.5M | 20x | |
| SunX NBIS-USDT | 0.0000% | 8h | 233.36 | −0.004% | $996 | $1.7M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | 0.0000% | 1h | 233.29 | −0.034% | $35K | $48K | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 233.78 | +0.176% | $15K | $60K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 233.41 | +0.017% | $1.6M | $971K | 10x | as long as short |
| QFEX NBIS-USDshort | +0.0024% | 1h | 233.31 | −0.026% | $1.5M | $4.7M | 10x | |
| GRVT NBIS_USDT_Perp | +0.0036% | 8h | 233.58 | +0.090% | $5K | $129K | 10x | as long as short |
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
SunX NBIS-USDT
Deribit NBIS_USDC-PERPETUAL
HTX NBIS-USDT
Phemex NBISUSDT
GRVT NBIS_USDT_PerpShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus NBIS-USD | +0.0040% | 1h | 233.36 | −0.004% | $42K | $132K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 233.40 | +0.013% | — | $226K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 233.28 | −0.039% | $148K | $468K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 233.36 | −0.004% | $93 | $20K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 233.31 | −0.026% | $163K | $499K | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0096% | 1h | 233.33 | −0.018% | $24K | $15K | 20x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 233.36 | −0.004% | $481K | $21K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 233.37 | 0.000% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 233.37 | +0.001% | — | — | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0111% | 1h | 233.37 | 0.000% | $54.7M | $20.0M | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0112% | 1h | 236.05 | +1.148% | $386K | $721K | 10x | as long as short |
| Nado NBIS-PERP | +0.0149% | 1h | 233.33 | −0.015% | $67K | $94K | 3x | as long as short |
| Aster NBISUSDT | +0.0218% | 8h | 233.55 | +0.077% | $81K | $314K | 50x | as long as short |
| Variational Omni NBIS | +0.0223% | 8h | 233.46 | +0.038% | $2.8M | $570K | — | as long as short |
| BloFin NBIS-USDT | +0.0234% | 8h | 234.04 | +0.287% | $207K | $209K | 20x | as long as short |
| Binance NBISUSDT | +0.0237% | 8h | 233.42 | +0.020% | $19.2M | $85.1M | 25x | as long as short |
| Extended NBIS-USD | +0.0240% | 1h | 233.31 | −0.025% | $150K | $705K | 10x | as long as short |
| Lighter NBIS | +0.0280% | 1h | 233.48 | +0.047% | $902K | $4.4M | 10x | as long as short |
| Phoenix NBIS | +0.0306% | 1h | 233.43 | +0.026% | $7K | $152K | 10x | as long as short |
| edgeX NBISUSDC | +0.0339% | 4h | 233.68 | +0.133% | $38K | $225K | 10x | as long as short |
| Entropy io:NBIS | +0.0353% | 1h | 233.51 | +0.060% | $10.1M | $3.3M | 10x | as long as short |
Arcus NBIS-USD
Vest NBIS-USD-PERP
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
Ondo Perps NBIS-USD.P
Kraken Futures PF_NBISUSD
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
tradeXYZ xyz:NBIS
Coinbase International NBIS-PERP-INTX
Nado NBIS-PERP
Aster NBISUSDT
Variational Omni NBIS
BloFin NBIS-USDT
Binance NBISUSDT
Extended NBIS-USD
Lighter NBIS
Phoenix NBIS
edgeX NBISUSDC
Entropy io:NBIS