NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0233%/8h= −25.5% APRnext payment −$2.33 per $10,000 · paid last 24h −0.018%

Price spread now: SunX against Bybit+0.076%7-day average +0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$172as in the Funding arb table

Net, price: spread back to 7d avg − costs−$148as in the Price arb table

costs, in and out, $10k−$1551.554% of the position

Long on Bybit Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.170%−$17 on $10k

Price spread, last 3 days (all we have)−0.090%−$9 · spread now +0.076%, 7d avg +0.002%

Together, before fees−0.260%−$26 on $10k · with fees, hour by hour

The price spread pays, funding is against you. SunX is 0.074% dearer against Bybit than usual: you sell high and buy low (spread +0.076% now, against its 7-day average of +0.002%): +$7 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 25 hours. At the pace of the last 7 days (−0.170% in total) that is about 3.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit NBISUSDT	236.17	0.0233	pay 0.0233% / 8h	7h 45m	$5.2M	$6.5M	50x
Short	SunX NBIS-USDT	236.35	0	get 0.0000% / 8h	7h 45m	$1K	$1.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.076%Rate

Funding earned: −$48.84
Price spread: +0.076% → +0.002%: $7.39
Slippage, 4 orders: −$136.43
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee SunX: 4 bp × 2 orders: −$8
Net: −$196.87
Costs to cover: 1.554%
Break-even: never at this rate

Slippage from Bybit: live order book, 3 min ago; SunX: live order book, 10 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, 3 min ago	2.11 bp	10.6 bp −$11	69.4 bp −$694	doesn't fit	doesn't fit
Sell SunX live order book, 10 min ago	46.26 bp	65.5 bp −$65	doesn't fit	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
Kraken Futures PF_NBISUSD	−0.0178%	1h	235.97	−0.086%	$24K	$15K	20x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	236.03	−0.059%	$3.4M	$16.9M	25x	as long as short
Bitget NBISUSDT	0.0000%	8h	236.10	−0.030%	$2.5M	$4.7M	20x	as long as short
SunX NBIS-USDTshort	0.0000%	8h	236.35	+0.076%	$1K	$1.7M	10x
Phemex NBISUSDT	0.0000%	8h	236.30	+0.055%	$1.6M	$973K	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0016%	1h	235.49	−0.288%	$361K	$683K	10x	as long as short
QFEX NBIS-USD	+0.0038%	1h	236.13	−0.017%	$1.5M	$5.1M	10x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	236.44	+0.114%	—	$234K	5x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	236.21	+0.017%	$175K	$507K	10x	as long as short
HTX NBIS-USDT	+0.0054%	8h	236.39	+0.093%	$15K	$112K	20x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate NBIS_USDT	+0.0091%	8h	236.14	−0.013%	$2.8M	$5.1M	50x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	236.02	−0.064%	$487K	$24K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	236.15	−0.008%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	236.03	−0.060%	—	—	10x	as long as short
Variational Omni NBIS	+0.0213%	8h	236.31	+0.061%	$2.9M	$817K	—	as long as short
Nado NBIS-PERP	+0.0214%	1h	236.14	−0.013%	$29K	$63K	3x	as long as short
Aster NBISUSDT	+0.0231%	8h	236.07	−0.044%	$82K	$308K	50x	as long as short
Bybit NBISUSDTlong	+0.0233%	8h	236.17	long leg	$5.2M	$6.5M	50x
Extended NBIS-USD	+0.0248%	1h	236.04	−0.054%	$137K	$850K	10x	as long as short
Binance NBISUSDT	+0.0250%	8h	236.12	−0.022%	$19.6M	$85.9M	25x	as long as short
BloFin NBIS-USDT	+0.0272%	8h	236.48	+0.131%	$206K	$214K	20x	as long as short
Deribit NBIS_USDC-PERPETUAL	+0.0301%	1h	236.01	−0.068%	$35K	$48K	10x	as long as short
Lighter NBIS	+0.0360%	1h	236.36	+0.080%	$929K	$4.4M	10x	as long as short
Arcus NBIS-USD	+0.0366%	1h	236.11	−0.025%	$44K	$132K	5x	as long as short
edgeX NBISUSDC	+0.0391%	4h	236.21	+0.018%	$38K	$229K	10x	as long as short
Phoenix NBIS	+0.0409%	1h	236.34	+0.072%	$7K	$163K	10x	as long as short
GRVT NBIS_USDT_Perp	+0.0498%	8h	236.24	+0.029%	$5K	$137K	10x	as long as short
SoDEX NBIS-USD	+0.0525%	1h	236.02	−0.064%	$33	$20K	10x	as long as short
Polymarket Perps NBIS-USD	+0.0726%	1h	236.07	−0.042%	$138K	$431K	10x	as long as short
tradeXYZ xyz:NBIS	+0.0856%	1h	236.04	−0.055%	$55.2M	$23.6M	10x	as long as short
Entropy io:NBIS	+0.0940%	1h	236.10	−0.030%	$10.3M	$3.4M	10x	as long as short