Funding you earn now, next payment 00:00 UTC−0.0276%/8h= −30.3% APRnext payment −$0.35 per $10,000 · paid last 24h −0.099%
Price spread now: Extended against Entropy+0.049%7-day average −0.120% · you sell dearer than you buy
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$570.571% of the position
Funding, last 7 days−0.555%−$55 on $10k
+Price spread, last 4 days (all we have)−0.014%−$1 · spread now +0.049%, 7d avg −0.120%
=Together, before fees−0.568%+ Points / potential airdropExtended: Active · farm board−$57 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.169% dearer against Entropy than usual: you sell high and buy low (spread +0.049% now, against its 7-day average of −0.120%): +$17 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 2.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Entropy io:NBIS | 234.63 | 0.0508 | pay 0.0064% / 1h | 36m 23s | $10.3M | $3.3M | 10x |
| Short | Extended NBIS-USD | 234.75 | 0.0232 | get 0.0029% / 1h | 36m 23s | $142K | $697K | 10x |
Entropy io:NBIS
Extended NBIS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$58.05
- Price spread: +0.049% → −0.120%
- $16.88
- Slippage, 4 orders
- −$34.07
- Fee Entropy: 9 bp × 2 orders
- −$18
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$98.24
- Costs to cover
- 0.571%
- Break-even
- never at this rate
Slippage from Entropy: live order book, 1 min ago; Extended: live order book, 42 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, 1 min ago | 1.49 bp | 16.1 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 42 min ago | 1.93 bp | 12.3 bp −$12 | 109.7 bp −$1,097 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit NBISUSDT | 0.0000% | 8h | 234.78 | +0.064% | $5.2M | $6.5M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 234.84 | +0.090% | $3.4M | $17.1M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 234.78 | +0.064% | $2.8M | $5.3M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 234.71 | +0.034% | $2.5M | $4.8M | 20x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 234.78 | +0.064% | $862 | $1.8M | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | 0.0000% | 1h | 233.76 | −0.371% | $358K | $676K | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 234.66 | +0.013% | $15K | $115K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 234.82 | +0.081% | $1.6M | $967K | 10x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 234.86 | +0.098% | — | $234K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 234.75 | +0.051% | $148K | $707K | 10x | as long as short |
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Bitget NBISUSDT
SunX NBIS-USDT
Coinbase International NBIS-PERP-INTX
HTX NBIS-USDT
Phemex NBISUSDT
Vest NBIS-USD-PERP
Polymarket Perps NBIS-USDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX NBIS-USD | +0.0050% | 1h | 234.77 | +0.060% | $38 | $20K | 10x | as long as short |
| QFEX NBIS-USD | +0.0051% | 1h | 234.74 | +0.047% | $1.5M | $5.1M | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 234.53 | −0.043% | $484K | $25K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 234.73 | +0.043% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 234.71 | +0.036% | — | — | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.0176% | 1h | 234.70 | +0.030% | $35K | $48K | 10x | as long as short |
| Nado NBIS-PERP | +0.0181% | 1h | 234.62 | −0.006% | $28K | $63K | 3x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0190% | 1h | 234.39 | −0.102% | $174K | $498K | 10x | as long as short |
| Variational Omni NBIS | +0.0199% | 8h | 234.78 | +0.065% | $2.9M | $822K | — | as long as short |
| BloFin NBIS-USDT | +0.0219% | 8h | 234.80 | +0.072% | $207K | $214K | 20x | as long as short |
| Aster NBISUSDT | +0.0221% | 8h | 234.55 | −0.034% | $79K | $306K | 50x | as long as short |
| Extended NBIS-USDshort | +0.0232% | 1h | 234.75 | +0.049% | $142K | $697K | 10x | |
| Binance NBISUSDT | +0.0235% | 8h | 234.79 | +0.068% | $19.4M | $86.4M | 25x | as long as short |
| GRVT NBIS_USDT_Perp | +0.0247% | 8h | 234.42 | −0.090% | $5K | $140K | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0248% | 1h | 234.50 | −0.054% | $24K | $13K | 20x | as long as short |
| Arcus NBIS-USD | +0.0269% | 1h | 234.74 | +0.047% | $44K | $134K | 5x | as long as short |
| tradeXYZ xyz:NBIS | +0.0273% | 1h | 234.87 | +0.102% | $54.8M | $23.4M | 10x | as long as short |
| Lighter NBIS | +0.0368% | 1h | 234.87 | +0.102% | $935K | $4.6M | 10x | as long as short |
| Phoenix NBIS | +0.0376% | 1h | 234.62 | −0.004% | $7K | $163K | 10x | as long as short |
| edgeX NBISUSDC | +0.0491% | 4h | 234.49 | −0.061% | $38K | $234K | 10x | as long as short |
| Entropy io:NBISlong | +0.0508% | 1h | 234.63 | long leg | $10.3M | $3.3M | 10x |
SoDEX NBIS-USD
QFEX NBIS-USD
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
Deribit NBIS_USDC-PERPETUAL
Nado NBIS-PERP
Ondo Perps NBIS-USD.P
Variational Omni NBIS
BloFin NBIS-USDT
Aster NBISUSDT
Binance NBISUSDT
GRVT NBIS_USDT_Perp
Kraken Futures PF_NBISUSD
Arcus NBIS-USD
tradeXYZ xyz:NBIS
Lighter NBIS
Phoenix NBIS
edgeX NBISUSDC