NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0285%/8h= +31.2% APRnext payment +$2.85 per $10,000 · paid last 24h +0.011%

Price spread now: Binance against Bybit+0.060%7-day average −0.014% · you sell dearer than you buy

Net, funding: paid 7d − costs−$47as in the Funding arb table

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$430.432% of the position

Long on Bybit Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.033%−$3 on $10k

Price spread, last 2 days (all we have)−0.144%−$14 · spread now +0.060%, 7d avg −0.014%

Together, before fees−0.177%−$18 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Binance is 0.074% dearer against Bybit than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.014%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.033% in total (about -1.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.85 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit NBISUSDT	234.84	0	get 0.0000% / 8h	6h 57m	$5.1M	$6.4M	50x
Short	Binance NBISUSDT	234.98	0.0285	get 0.0285% / 8h	6h 57m	$19.5M	$85.4M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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 BybitbpFee BinancebpOrdersPrice spread, now +0.060%Rate

Funding earned: $59.78
Price spread: +0.060% → −0.014%: $7.38
Slippage, 4 orders: −$22.19
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Binance: 5 bp × 2 orders: −$10
Net: $23.97
Costs to cover: 0.432%
Break-even: 4.2 days

Slippage from Bybit: live order book, 5 min ago; Binance: live order book, 15 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 Bybit live order book, 5 min ago	1.27 bp	16.3 bp −$16	74.3 bp −$743	doesn't fit	doesn't fit
Sell Binance live order book, 15 min ago	0.64 bp	8.2 bp −$8	24.9 bp −$249	82.3 bp −$8,229	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 NBISUSDTlong	0.0000%	8h	234.84	long leg	$5.1M	$6.4M	50x
OKX NBIS-USDT-SWAP	0.0000%	8h	235.02	+0.077%	$3.4M	$16.7M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	235.00	+0.068%	$2.8M	$4.9M	50x	as long as short
SunX NBIS-USDT	0.0000%	8h	234.98	+0.060%	$1K	$1.7M	10x	as long as short
Deribit NBIS_USDC-PERPETUAL	0.0000%	1h	234.92	+0.034%	$35K	$48K	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	235.61	+0.328%	$15K	$66K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	234.98	+0.060%	$1.6M	$972K	10x	as long as short
Nado NBIS-PERP	+0.0007%	1h	235.16	+0.138%	$31K	$66K	3x	as long as short
QFEX NBIS-USD	+0.0024%	1h	235.17	+0.141%	$1.5M	$4.9M	10x	as long as short
Arcus NBIS-USD	+0.0040%	1h	235.51	+0.285%	$43K	$134K	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest NBIS-USD-PERP	+0.0046%	1h	235.51	+0.285%	—	$223K	5x	as long as short
tradeXYZ xyz:NBIS	+0.0050%	1h	234.96	+0.051%	$55.0M	$23.6M	10x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	235.13	+0.123%	$142K	$462K	10x	as long as short
SoDEX NBIS-USD	+0.0050%	1h	234.98	+0.060%	$99	$20K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	235.39	+0.234%	$174K	$507K	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0095%	1h	234.97	+0.057%	$24K	$15K	20x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	234.98	+0.060%	$485K	$22K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	235.11	+0.115%	$2K	$3K	10x	as long as short
Bitget NBISUSDT	+0.0101%	8h	234.99	+0.064%	$2.5M	$4.6M	20x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	235.02	+0.077%	—	—	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0112%	1h	236.05	+0.515%	$386K	$736K	10x	as long as short
Lighter NBIS	+0.0184%	1h	235.08	+0.102%	$916K	$4.4M	10x	as long as short
Aster NBISUSDT	+0.0261%	8h	235.29	+0.192%	$81K	$308K	50x	as long as short
Variational Omni NBIS	+0.0263%	8h	235.53	+0.293%	$2.9M	$591K	—	as long as short
Binance NBISUSDTshort	+0.0285%	8h	234.98	+0.060%	$19.5M	$85.4M	25x
Extended NBIS-USD	+0.0288%	1h	234.97	+0.057%	$151K	$705K	10x	as long as short
BloFin NBIS-USDT	+0.0310%	8h	235.50	+0.281%	$207K	$210K	20x	as long as short
Entropy io:NBIS	+0.0342%	1h	235.47	+0.268%	$10.3M	$3.4M	10x	as long as short
GRVT NBIS_USDT_Perp	+0.0361%	8h	235.62	+0.332%	$5K	$131K	10x	as long as short
Phoenix NBIS	+0.0409%	1h	235.61	+0.328%	$7K	$149K	10x	as long as short
edgeX NBISUSDC	+0.0981%	4h	235.58	+0.315%	$38K	$227K	10x	as long as short