Funding you earn now, next payment 05:00 UTC−0.0279%/8h= −30.6% APRpaid last 24h −0.137%
Price spread now: Bitget against Entropy−0.142%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$620.623% of the position
Funding, last 7 days−0.469%−$47 on $10k
+Price spread, last 7 days+0.108%+$11 · spread now −0.142%, 7d avg −0.022%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Bitget is 0.119% cheaper against Entropy than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.022%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Entropy io:NBIS | 233.13 | 0.0279 | pay 0.0035% / 1h | 18m 33s | $10.1M | $3.2M | 10x |
| Short | Bitget NBISUSDT | 232.80 | 0 | get 0.0000% / 8h | 3h 18m | $2.3M | $4.4M | 20x |
Entropy io:NBIS
Bitget NBISUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Entropy. 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
- −$58.66
- Price spread: −0.142% → −0.022%
- −$11.92
- Slippage, 4 orders
- −$32.26
- Fee Entropy: 9 bp × 2 orders
- −$18
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$132.84
- Costs to cover
- 0.623%
- Break-even
- never at this rate
Slippage from Entropy: live order book, 8 min ago; Bitget: live order book, 4 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 Entropy live order book, 8 min ago | 0.64 bp | 14.9 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 2.14 bp | 15.9 bp −$16 | 19.0 bp −$190 | 32.1 bp −$3,215 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NBISUSDT | 0.0000% | 8h | 232.96 | −0.071% | $78K | $310K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 232.76 | −0.158% | $146K | $659K | 10x | as long as short |
| Binance NBISUSDT | 0.0000% | 8h | 232.82 | −0.132% | $19.0M | $84.9M | 25x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 232.89 | −0.103% | $5.0M | $6.3M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 232.76 | −0.159% | $3.4M | $16.1M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 232.85 | −0.120% | $2.7M | $5.1M | 50x | as long as short |
| Bitget NBISUSDTshort | 0.0000% | 8h | 232.80 | −0.142% | $2.3M | $4.4M | 20x | |
| Variational Omni NBIS | 0.0000% | 8h | 233.38 | +0.109% | $2.9M | $558K | — | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 233.38 | +0.107% | $5K | $120K | 10x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 233.37 | +0.103% | $1K | $1.6M | 10x | as long as short |
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Variational Omni NBIS
GRVT NBIS_USDT_Perp
SunX NBIS-USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit NBIS_USDC-PERPETUAL | 0.0000% | 1h | 232.92 | −0.090% | $35K | $49K | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 233.56 | +0.184% | $15K | $60K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 232.92 | −0.090% | $1.6M | $954K | 10x | as long as short |
| BloFin NBIS-USDT | +0.0006% | 8h | 233.00 | −0.056% | $205K | $205K | 20x | as long as short |
| Nado NBIS-PERP | +0.0022% | 1h | 232.79 | −0.145% | $38K | $115K | 3x | as long as short |
| QFEX NBIS-USD | +0.0034% | 1h | 232.79 | −0.146% | $1.5M | $4.0M | 10x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 233.09 | −0.017% | $42K | $132K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 232.94 | −0.081% | — | $216K | 5x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0049% | 1h | 232.96 | −0.073% | $23K | $15K | 20x | as long as short |
| tradeXYZ xyz:NBIS | +0.0050% | 1h | 232.77 | −0.154% | $54.2M | $20.1M | 10x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 232.75 | −0.163% | $146K | $456K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 233.01 | −0.051% | $107 | $21K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 233.01 | −0.051% | $160K | $500K | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 232.80 | −0.142% | $480K | $20K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 233.02 | −0.047% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 232.97 | −0.069% | — | — | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0104% | 1h | 233.30 | +0.073% | $362K | $764K | 10x | as long as short |
| Lighter NBIS | +0.0216% | 1h | 232.90 | −0.099% | $923K | $4.0M | 10x | as long as short |
| Phoenix NBIS | +0.0239% | 1h | 233.32 | +0.081% | $7K | $150K | 10x | as long as short |
| Entropy io:NBISlong | +0.0279% | 1h | 233.13 | long leg | $10.1M | $3.2M | 10x | |
| edgeX NBISUSDC | +0.0340% | 4h | 233.36 | +0.099% | $37K | $227K | 10x | as long as short |
Deribit NBIS_USDC-PERPETUAL
HTX NBIS-USDT
Phemex NBISUSDT
BloFin NBIS-USDT
Nado NBIS-PERP
QFEX NBIS-USD
Arcus NBIS-USD
Vest NBIS-USD-PERP
Kraken Futures PF_NBISUSD
tradeXYZ xyz:NBIS
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
Ondo Perps NBIS-USD.P
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
Coinbase International NBIS-PERP-INTX
Lighter NBIS
Phoenix NBIS
edgeX NBISUSDC