Funding you earn now, next payment 12:00 UTC−0.0590%/8h= −64.6% APRnext payment −$0.74 per $10,000 · paid last 24h −0.107%
Price spread now: SoDEX against Entropy−0.056%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 −$18 a day on $10k at the current rate, and SoDEX is 0.056% cheaper against Entropy than usual: you would sell low and buy high (−$6 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 | Entropy io:NBIS | 232.23 | 0.0640 | pay 0.0080% / 1h | 7m 43s | $10.1M | $2.8M | 10x |
| Short | SoDEX NBIS-USD | 232.10 | 0.0050 | get 0.0006% / 1h | 7m 43s | $1K | $20K | 10x |
Entropy io:NBIS
SoDEX NBIS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$123.98
- Price spread: −0.056% → 0.000%
- −$5.6
- Slippage, 4 orders
- no order book: not counted
- Fee Entropy: 9 bp × 2 orders
- −$18
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$155.58
- Costs to cover
- 0.260%
- Break-even
- never at this rate
Slippage unknown: Entropy: live order book, 2 min ago; SoDEX: 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, 2 min ago | 1.07 bp | 15.2 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 232.07 | −0.069% | $3.3M | $16.1M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 232.03 | −0.086% | $2.7M | $4.9M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 231.99 | −0.103% | $2.2M | $4.4M | 20x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 232.50 | +0.116% | $1K | $1.3M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | 0.0000% | 1h | 232.12 | −0.047% | $36K | $51K | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 232.52 | +0.125% | $12K | $61K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 232.03 | −0.086% | $1.6M | $967K | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0040% | 1h | 232.07 | −0.067% | $22K | $10K | 20x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 232.42 | +0.082% | — | $250K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 232.00 | −0.099% | $129K | $467K | 10x | as long as short |
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Bitget NBISUSDT
SunX NBIS-USDT
Deribit NBIS_USDC-PERPETUAL
HTX NBIS-USDT
Phemex NBISUSDT
Kraken Futures PF_NBISUSD
Vest NBIS-USD-PERP
Polymarket Perps NBIS-USDShow all 31 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX NBIS-USDshort | +0.0050% | 1h | 232.10 | −0.056% | $1K | $20K | 10x | |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 232.37 | +0.060% | $151K | $508K | 10x | as long as short |
| QFEX NBIS-USD | +0.0053% | 1h | 232.02 | −0.090% | $1.6M | $3.6M | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 231.98 | −0.108% | $471K | $293K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 232.32 | +0.039% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 232.31 | +0.036% | — | — | 10x | as long as short |
| Nado NBIS-PERP | +0.0121% | 1h | 231.96 | −0.117% | $38K | $54K | 3x | as long as short |
| Bybit NBISUSDT | +0.0132% | 8h | 231.95 | −0.121% | $5.4M | $6.9M | 50x | as long as short |
| Variational Omni NBIS | +0.0135% | 8h | 232.46 | +0.100% | $2.9M | $621K | — | as long as short |
| Aster NBISUSDT | +0.0165% | 8h | 232.50 | +0.117% | $80K | $314K | 50x | as long as short |
| Binance NBISUSDT | +0.0181% | 8h | 232.11 | −0.052% | $20.5M | $89.8M | 25x | as long as short |
| Extended NBIS-USD | +0.0184% | 1h | 232.02 | −0.089% | $146K | $1.0M | 10x | as long as short |
| BloFin NBIS-USDT | +0.0210% | 8h | 232.64 | +0.177% | $207K | $214K | 20x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0224% | 1h | 232.43 | +0.086% | $380K | $856K | 10x | as long as short |
| GRVT NBIS_USDT_Perp | +0.0234% | 8h | 232.62 | +0.168% | $5K | $101K | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0241% | 1h | 231.88 | −0.151% | $55.3M | $19.1M | 10x | as long as short |
| Lighter NBIS | +0.0304% | 1h | 232.05 | −0.078% | $930K | $3.8M | 10x | as long as short |
| edgeX NBISUSDC | +0.0389% | 4h | 232.88 | +0.279% | $31K | $233K | 10x | as long as short |
| Phoenix NBIS | +0.0444% | 1h | 232.51 | +0.121% | $7K | $117K | 10x | as long as short |
| Entropy io:NBISlong | +0.0640% | 1h | 232.23 | long leg | $10.1M | $2.8M | 10x | |
| Arcus NBIS-USD | +0.0870% | 1h | 232.01 | −0.095% | $42K | $116K | 5x | as long as short |
Ondo Perps NBIS-USD.P
QFEX NBIS-USD
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
Nado NBIS-PERP
Bybit NBISUSDT
Variational Omni NBIS
Aster NBISUSDT
Binance NBISUSDT
Extended NBIS-USD
BloFin NBIS-USDT
Coinbase International NBIS-PERP-INTX
GRVT NBIS_USDT_Perp
tradeXYZ xyz:NBIS
Lighter NBIS
edgeX NBISUSDC
Phoenix NBIS
Arcus NBIS-USD