Funding you earn now, next payment 08:00 UTC−0.0097%/8h= −10.7% APRpaid last 24h −0.135%
Price spread now: HTX against Entropy+0.065%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.609%−$61 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. HTX is 0.065% dearer against Entropy than usual: you sell high and buy low (spread +0.065% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.2 days. At the pace of the last 7 days (−0.609% in total) that is about 18 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Entropy io:NBIS | 230.82 | 0.0097 | pay 0.0012% / 1h | 57m 27s | $10.0M | $3.1M | 10x |
| Short | HTX NBIS-USDT | 230.97 | 0 | get 0.0000% / 8h | 57m 27s | $15K | $57K | 20x |
Entropy io:NBIS
HTX NBIS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$20.43
- Price spread: +0.065% → 0.000%
- $6.5
- Slippage, 4 orders
- no order book: not counted
- Fee Entropy: 9 bp × 2 orders
- −$18
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$43.93
- Costs to cover
- 0.300%
- Break-even
- never at this rate
Slippage unknown: Entropy: live order book, 9 min ago; HTX: 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, 9 min ago | 1.08 bp | 14.0 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX no order-book sample | — | — | — | — | — |
HTX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget NBISUSDT | −0.0536% | 8h | 230.94 | +0.052% | $2.3M | $4.6M | 20x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | −0.0313% | 1h | 230.71 | −0.048% | $34K | $49K | 10x | as long as short |
| Nado NBIS-PERP | −0.0145% | 1h | 230.74 | −0.036% | $37K | $115K | 3x | as long as short |
| BloFin NBIS-USDT | −0.0020% | 8h | 230.90 | +0.035% | $204K | $205K | 20x | as long as short |
| Aster NBISUSDT | 0.0000% | 8h | 230.72 | −0.043% | $84K | $311K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 230.69 | −0.055% | $149K | $631K | 10x | as long as short |
| Binance NBISUSDT | 0.0000% | 8h | 230.82 | 0.000% | $18.5M | $87.6M | 25x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 230.80 | −0.009% | $4.9M | $6.8M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 230.74 | −0.035% | $3.3M | $16.1M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 230.86 | +0.017% | $2.7M | $5.2M | 50x | as long as short |
Bitget NBISUSDT
Deribit NBIS_USDC-PERPETUAL
Nado NBIS-PERP
BloFin NBIS-USDT
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni NBIS | 0.0000% | 8h | 230.87 | +0.021% | $2.8M | $595K | — | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 230.92 | +0.042% | $4K | $116K | 10x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 230.94 | +0.052% | $889 | $1.6M | 10x | as long as short |
| HTX NBIS-USDTshort | 0.0000% | 8h | 230.97 | +0.065% | $15K | $57K | 20x | |
| Phemex NBISUSDT | 0.0000% | 8h | 230.86 | +0.017% | $1.6M | $966K | 10x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 230.75 | −0.030% | $42K | $132K | 5x | as long as short |
| QFEX NBIS-USD | +0.0041% | 1h | 230.78 | −0.017% | $1.5M | $3.8M | 10x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 230.67 | −0.065% | — | $222K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 230.76 | −0.026% | $137K | $473K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 230.77 | −0.022% | $134 | $20K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 230.77 | −0.022% | $151K | $542K | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0056% | 1h | 230.38 | −0.191% | $352K | $813K | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0071% | 1h | 230.78 | −0.017% | $54.2M | $21.1M | 10x | as long as short |
| Lighter NBIS | +0.0096% | 1h | 230.88 | +0.026% | $936K | $4.0M | 10x | as long as short |
| Entropy io:NBISlong | +0.0097% | 1h | 230.82 | long leg | $10.0M | $3.1M | 10x | |
| KuCoin NBISUSDTM | +0.0100% | 8h | 230.73 | −0.039% | $476K | $20K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 230.80 | −0.009% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 230.79 | −0.013% | — | — | 10x | as long as short |
| Phoenix NBIS | +0.0311% | 1h | 231.11 | +0.126% | $7K | $125K | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0541% | 1h | 230.70 | −0.052% | $23K | $15K | 20x | as long as short |
| edgeX NBISUSDC | +0.0853% | 4h | 230.83 | +0.004% | $37K | $225K | 10x | as long as short |
Variational Omni NBIS
GRVT NBIS_USDT_Perp
SunX NBIS-USDT
Phemex NBISUSDT
Arcus NBIS-USD
QFEX NBIS-USD
Vest NBIS-USD-PERP
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
Ondo Perps NBIS-USD.P
Coinbase International NBIS-PERP-INTX
tradeXYZ xyz:NBIS
Lighter NBIS
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
Phoenix NBIS
Kraken Futures PF_NBISUSD
edgeX NBISUSDC