Funding you earn now, next payment 20:00 UTC+0.0007%/8hnext payment +$0.01 per $10,000 · paid last 24h −0.092%
Price spread now: Deribit against Entropy+0.047%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 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: Deribit is 0.047% dearer against Entropy than usual: you sell high and buy low, +$5 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 | Entropy io:NBIS | 234.18 | 0.0127 | pay 0.0016% / 1h | 22m 37s | $10.3M | $3.2M | 10x |
| Short | Deribit NBIS_USDC-PERPETUAL | 234.29 | 0.0134 | get 0.0017% / 1h | 22m 37s | $36K | $88K | 10x |
Entropy io:NBIS
Deribit NBIS_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $1.45
- Price spread: +0.047% → 0.000%
- $4.7
- Slippage, 4 orders
- no order book: not counted
- Fee Entropy: 9 bp × 2 orders
- −$18
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$18.86
- Costs to cover
- 0.250%
- Break-even
- 98.2 days
Slippage unknown: Entropy: live order book, 21 min ago; Deribit: no order-book sample. 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 Entropy live order book, 21 min ago | 1.49 bp | 15.9 bp −$16 | 17.0 bp −$170 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NBISUSD | −0.0161% | 1h | 234.35 | +0.073% | $25K | $11K | 20x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 234.42 | +0.101% | $141K | $694K | 10x | as long as short |
| Binance NBISUSDT | 0.0000% | 8h | 234.37 | +0.081% | $20.3M | $82.6M | 25x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 234.33 | +0.064% | $5.2M | $6.1M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 234.49 | +0.132% | $3.5M | $16.5M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 234.39 | +0.090% | $2.9M | $5.0M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 234.34 | +0.068% | $2.5M | $4.5M | 20x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 234.16 | −0.009% | $2.9M | $923K | — | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 234.23 | +0.023% | $5K | $140K | 10x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 234.34 | +0.068% | $933 | $1.8M | 10x | as long as short |
Kraken Futures PF_NBISUSD
Extended NBIS-USD
Binance NBISUSDT
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Bitget NBISUSDT
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 | |
|---|---|---|---|---|---|---|---|---|
| HTX NBIS-USDT | 0.0000% | 8h | 234.21 | +0.013% | $15K | $115K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 234.44 | +0.111% | $1.6M | $906K | 10x | as long as short |
| Aster NBISUSDT | +0.0001% | 8h | 234.43 | +0.106% | $111K | $265K | 50x | as long as short |
| BloFin NBIS-USDT | +0.0022% | 8h | 234.44 | +0.111% | $213K | $215K | 20x | as long as short |
| QFEX NBIS-USD | +0.0033% | 1h | 234.40 | +0.094% | $1.5M | $5.0M | 10x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 234.22 | +0.017% | $40K | $118K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 234.53 | +0.149% | — | $230K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 234.44 | +0.111% | $135K | $554K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 234.39 | +0.090% | $98 | $20K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 234.18 | 0.000% | $160K | $491K | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 234.17 | −0.004% | $494K | $21K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 234.36 | +0.077% | $2K | $4K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 234.31 | +0.057% | — | — | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0113% | 1h | 234.35 | +0.073% | $54.8M | $22.3M | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0120% | 1h | 235.35 | +0.500% | $370K | $652K | 10x | as long as short |
| Entropy io:NBISlong | +0.0127% | 1h | 234.18 | long leg | $10.3M | $3.2M | 10x | |
| Deribit NBIS_USDC-PERPETUALshort | +0.0134% | 1h | 234.29 | +0.047% | $36K | $88K | 10x | |
| edgeX NBISUSDC | +0.0141% | 4h | 234.26 | +0.033% | $38K | $238K | 10x | as long as short |
| Nado NBIS-PERP | +0.0166% | 1h | 234.22 | +0.015% | $29K | $65K | 3x | as long as short |
| Lighter NBIS | +0.0208% | 1h | 234.52 | +0.145% | $985K | $4.4M | 10x | as long as short |
| Phoenix NBIS | +0.0340% | 1h | 234.30 | +0.051% | $7K | $180K | 10x | as long as short |
HTX NBIS-USDT
Phemex NBISUSDT
Aster NBISUSDT
BloFin NBIS-USDT
QFEX NBIS-USD
Arcus NBIS-USD
Vest NBIS-USD-PERP
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
Ondo Perps NBIS-USD.P
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
tradeXYZ xyz:NBIS
Coinbase International NBIS-PERP-INTX
edgeX NBISUSDC
Nado NBIS-PERP
Lighter NBIS
Phoenix NBIS