Funding you earn now, next payment 09:00 UTC−0.0009%/8h= −1.0% APRnext payment −$0.01 per $10,000 · paid last 24h +0.038%
Price spread now: Coinbase International against Deribit−0.022%7-day average — · you buy dearer than you sell
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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Coinbase International is 0.022% cheaper against Deribit than usual: you would sell low and buy high, −$2 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit NBIS_USDC-PERPETUAL | 230.83 | 0.0097 | pay 0.0012% / 1h | 56m 37s | $34K | $50K | 10x |
| Short | Coinbase International NBIS-PERP-INTX | 230.78 | 0.0088 | get 0.0011% / 1h | 56m 37s | $382K | $869K | 10x |
Deribit NBIS_USDC-PERPETUAL
Coinbase International NBIS-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Deribit. 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
- −$1.83
- Price spread: −0.022% → 0.000%
- −$2.17
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$20.99
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; Coinbase International: live order book, 37 min ago. 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 37 min ago | 6.59 bp | 13.1 bp −$13 | 22.2 bp −$222 | doesn't fit | doesn't fit |
Deribit: 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 NBISUSDT | −0.0051% | 8h | 231.17 | +0.147% | $2.3M | $4.6M | 20x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 231.17 | +0.147% | $3.3M | $16.4M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 231.22 | +0.169% | $2.7M | $5.0M | 50x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 230.37 | −0.198% | $2.8M | $601K | — | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 230.84 | +0.004% | $1K | $1.6M | 10x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 231.06 | +0.100% | $1.6M | $971K | 10x | as long as short |
| Aster NBISUSDT | +0.0021% | 8h | 230.84 | +0.006% | $74K | $320K | 50x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 230.90 | +0.030% | — | $246K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 230.90 | +0.030% | $137K | $467K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 231.05 | +0.095% | $149K | $538K | 10x | as long as short |
Bitget NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Variational Omni NBIS
SunX NBIS-USDT
Phemex NBISUSDT
Aster NBISUSDT
Vest NBIS-USD-PERP
Polymarket Perps NBIS-USD
Ondo Perps NBIS-USD.PShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX NBIS-USD | +0.0054% | 1h | 231.18 | +0.152% | $1.6M | $3.7M | 10x | as long as short |
| BloFin NBIS-USDT | +0.0055% | 8h | 231.36 | +0.230% | $202K | $215K | 20x | as long as short |
| Extended NBIS-USD | +0.0056% | 1h | 231.18 | +0.150% | $145K | $856K | 10x | as long as short |
| Binance NBISUSDT | +0.0065% | 8h | 231.27 | +0.189% | $18.8M | $90.7M | 25x | as long as short |
| Nado NBIS-PERP | +0.0084% | 1h | 230.80 | −0.014% | $38K | $116K | 3x | as long as short |
| Coinbase International NBIS-PERP-INTXshort | +0.0088% | 1h | 230.78 | −0.022% | $382K | $869K | 10x | |
| Deribit NBIS_USDC-PERPETUALlong | +0.0097% | 1h | 230.83 | long leg | $34K | $50K | 10x | |
| KuCoin NBISUSDTM | +0.0100% | 8h | 230.98 | +0.065% | $468K | $104K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 231.00 | +0.074% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 230.95 | +0.053% | — | — | 10x | as long as short |
| HTX NBIS-USDT | +0.0189% | 8h | 230.95 | +0.052% | $13K | $62K | 20x | as long as short |
| Bybit NBISUSDT | +0.0202% | 8h | 231.13 | +0.130% | $4.9M | $6.8M | 50x | as long as short |
| Arcus NBIS-USD | +0.0257% | 1h | 231.15 | +0.139% | $42K | $124K | 5x | as long as short |
| SoDEX NBIS-USD | +0.0266% | 1h | 231.04 | +0.091% | $79 | $20K | 10x | as long as short |
| Phoenix NBIS | +0.0277% | 1h | 230.93 | +0.043% | $7K | $127K | 10x | as long as short |
| edgeX NBISUSDC | +0.0315% | 4h | 230.90 | +0.030% | $37K | $226K | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0339% | 1h | 231.30 | +0.204% | $54.3M | $22.0M | 10x | as long as short |
| Lighter NBIS | +0.0352% | 1h | 231.24 | +0.178% | $931K | $4.0M | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0769% | 1h | 231.02 | +0.082% | $22K | $16K | 20x | as long as short |
| Entropy io:NBIS | +0.0788% | 1h | 230.87 | +0.017% | $10.1M | $3.2M | 10x | as long as short |
| GRVT NBIS_USDT_Perp | +0.0817% | 8h | 230.41 | −0.182% | $5K | $114K | 10x | as long as short |
QFEX NBIS-USD
BloFin NBIS-USDT
Extended NBIS-USD
Binance NBISUSDT
Nado NBIS-PERP
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
HTX NBIS-USDT
Bybit NBISUSDT
Arcus NBIS-USD
SoDEX NBIS-USD
Phoenix NBIS
edgeX NBISUSDC
tradeXYZ xyz:NBIS
Lighter NBIS
Kraken Futures PF_NBISUSD
Entropy io:NBIS
GRVT NBIS_USDT_Perp