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
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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit NBIS_USDC-PERPETUAL | 232.43 | 0.0223 | pay 0.0028% / 1h | 3m 55s | $34K | $49K | 10x |
| Short | SunX NBIS-USDT | 232.34 | 0 | get 0.0000% / 8h | 3h 03m | $985 | $1.6M | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Deribit no order-book sample | — | — | — | — | — |
| Sell SunX live order book, 11 min ago | 45.20 bp | 64.2 bp −$64 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NBISUSDT | 0.0000% | 8h | 232.63 | +0.085% | $78K | $310K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 232.48 | +0.023% | $152K | $639K | 10x | as long as short |
| Binance NBISUSDT | 0.0000% | 8h | 232.55 | +0.052% | $18.9M | $85.6M | 25x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 232.50 | +0.030% | $5.0M | $6.4M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 232.47 | +0.017% | $3.4M | $16.1M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 232.63 | +0.086% | $2.7M | $5.1M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 232.52 | +0.039% | $2.3M | $4.5M | 20x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 232.62 | +0.084% | $2.9M | $552K | — | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 232.14 | −0.127% | $5K | $118K | 10x | as long as short |
| SunX NBIS-USDTshort | 0.0000% | 8h | 232.34 | −0.039% | $985 | $1.6M | 10x |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX NBIS-USDT | 0.0000% | 8h | 232.34 | −0.039% | $15K | $60K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 232.55 | +0.052% | $1.6M | $956K | 10x | as long as short |
| Nado NBIS-PERP | +0.0007% | 1h | 232.34 | −0.040% | $38K | $115K | 3x | as long as short |
| BloFin NBIS-USDT | +0.0009% | 8h | 232.15 | −0.120% | $205K | $205K | 20x | as long as short |
| QFEX NBIS-USD | +0.0034% | 1h | 232.47 | +0.017% | $1.5M | $4.0M | 10x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 232.19 | −0.103% | $42K | $132K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 232.49 | +0.026% | — | $217K | 5x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0049% | 1h | 232.46 | +0.011% | $23K | $15K | 20x | as long as short |
| tradeXYZ xyz:NBIS | +0.0050% | 1h | 232.39 | −0.017% | $54.2M | $20.2M | 10x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 232.43 | 0.000% | $143K | $459K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 232.43 | 0.000% | $102 | $21K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 232.20 | −0.099% | $160K | $508K | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 232.38 | −0.022% | $479K | $20K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 232.50 | +0.030% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 232.39 | −0.017% | — | — | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0104% | 1h | 232.30 | −0.056% | $361K | $771K | 10x | as long as short |
| Lighter NBIS | +0.0192% | 1h | 232.51 | +0.034% | $919K | $4.0M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUALlong | +0.0223% | 1h | 232.43 | long leg | $34K | $49K | 10x | |
| Phoenix NBIS | +0.0239% | 1h | 232.36 | −0.030% | $7K | $150K | 10x | as long as short |
| Entropy io:NBIS | +0.0293% | 1h | 232.30 | −0.056% | $10.1M | $3.2M | 10x | as long as short |
| edgeX NBISUSDC | +0.0317% | 4h | 231.93 | −0.214% | $37K | $226K | 10x | as long as short |
Deribit NBIS_USDC-PERPETUAL
SunX NBIS-USDT
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Bitget NBISUSDT
Variational Omni NBIS
GRVT NBIS_USDT_Perp
HTX NBIS-USDT
Phemex NBISUSDT
BloFin NBIS-USDT
Kraken Futures PF_NBISUSD
tradeXYZ xyz:NBIS
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
KuCoin NBISUSDTM
Coinbase International NBIS-PERP-INTX
Lighter NBIS
Phoenix NBIS
edgeX NBISUSDC