Settings8H · net · $10k
Funding arb · Price arb /

NBIS

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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0223%/8h= −24.5% APRpaid last 24h −0.027%
Price spread now: SunX against Deribit−0.039%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and SunX is 0.039% cheaper against Deribit than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit NBIS_USDC-PERPETUAL232.430.0223pay 0.0028% / 1h3m 55s$34K$49K10x
ShortSunX NBIS-USDT232.340get 0.0000% / 8h3h 03m$985$1.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Deribit. 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

Funding earned
−$46.93
Price spread: −0.039% → 0.000%
−$3.87
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee SunX: 4 bp × 2 orders
−$8
Net
−$65.8
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Deribit: no order-book sample; SunX: live order book, 11 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Deribit no order-book sample
Sell SunX live order book, 11 min ago45.20 bp64.2 bp −$64doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NBISUSDT0.0000%8h232.63+0.085%$78K$310K50xas long as short
Extended NBIS-USD0.0000%1h232.48+0.023%$152K$639K10xas long as short
Binance NBISUSDT0.0000%8h232.55+0.052%$18.9M$85.6M25xas long as short
Bybit NBISUSDT0.0000%8h232.50+0.030%$5.0M$6.4M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h232.47+0.017%$3.4M$16.1M25xas long as short
Gate NBIS_USDT0.0000%8h232.63+0.086%$2.7M$5.1M50xas long as short
Bitget NBISUSDT0.0000%8h232.52+0.039%$2.3M$4.5M20xas long as short
Variational Omni NBIS0.0000%8h232.62+0.084%$2.9M$552Kas long as short
GRVT NBIS_USDT_Perp0.0000%8h232.14−0.127%$5K$118K10xas long as short
SunX NBIS-USDTshort0.0000%8h232.34−0.039%$985$1.6M10x
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX NBIS-USDT0.0000%8h232.34−0.039%$15K$60K20xas long as short
Phemex NBISUSDT0.0000%8h232.55+0.052%$1.6M$956K10xas long as short
Nado NBIS-PERP+0.0007%1h232.34−0.040%$38K$115K3xas long as short
BloFin NBIS-USDT+0.0009%8h232.15−0.120%$205K$205K20xas long as short
QFEX NBIS-USD+0.0034%1h232.47+0.017%$1.5M$4.0M10xas long as short
Arcus NBIS-USD+0.0040%1h232.19−0.103%$42K$132K5xas long as short
Vest NBIS-USD-PERP+0.0046%1h232.49+0.026%$217K5xas long as short
Kraken Futures PF_NBISUSD+0.0049%1h232.46+0.011%$23K$15K20xas long as short
tradeXYZ xyz:NBIS+0.0050%1h232.39−0.017%$54.2M$20.2M10xas long as short
Polymarket Perps NBIS-USD+0.0050%1h232.430.000%$143K$459K10xas long as short
SoDEX NBIS-USD+0.0050%1h232.430.000%$102$21K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h232.20−0.099%$160K$508K10xas long as short
KuCoin NBISUSDTM+0.0100%8h232.38−0.022%$479K$20K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h232.50+0.030%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h232.39−0.017%10xas long as short
Coinbase International NBIS-PERP-INTX+0.0104%1h232.30−0.056%$361K$771K10xas long as short
Lighter NBIS+0.0192%1h232.51+0.034%$919K$4.0M10xas long as short
Deribit NBIS_USDC-PERPETUALlong+0.0223%1h232.43long leg$34K$49K10x
Phoenix NBIS+0.0239%1h232.36−0.030%$7K$150K10xas long as short
Entropy io:NBIS+0.0293%1h232.30−0.056%$10.1M$3.2M10xas long as short
edgeX NBISUSDC+0.0317%4h231.93−0.214%$37K$226K10xas long as short