Funding you earn now, next payment 08:00 UTC+0.0131%/8h= +14.3% APRnext payment +$1.31 per $10,000 · paid last 24h −0.029%
Price spread now: Binance against Gate−0.013%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$600.598% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 7 days−0.022%−$2 · spread now −0.013%, 7d avg −0.004%
=The price spread sits at its 7-day average of −0.004%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate NBIS_USDT | 234.48 | 0 | get 0.0000% / 8h | 5h 27m | $2.8M | $5.0M | 50x |
| Short | Binance NBISUSDT | 234.45 | 0.0131 | get 0.0131% / 8h | 5h 27m | $19.1M | $84.5M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $27.51
- Price spread: −0.013% → −0.004%
- −$0.87
- Slippage, 4 orders
- −$34.79
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$33.16
- Costs to cover
- 0.598%
- Break-even
- 15.4 days
Slippage from Gate: live order book, 1 min ago; Binance: live order book, 1 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 Gate live order book, 1 min ago | 3.41 bp | 19.5 bp −$20 | 30.5 bp −$305 | 53.9 bp −$5,390 | doesn't fit |
| Sell Binance live order book, 1 min ago | 0.64 bp | 7.3 bp −$7 | 21.4 bp −$214 | 81.7 bp −$8,168 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado NBIS-PERP | −0.0005% | 1h | 234.27 | −0.088% | $65K | $98K | 3x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 234.50 | +0.009% | $5.0M | $6.2M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 234.37 | −0.047% | $3.4M | $16.2M | 25x | as long as short |
| Gate NBIS_USDTlong | 0.0000% | 8h | 234.48 | long leg | $2.8M | $5.0M | 50x | |
| Bitget NBISUSDT | 0.0000% | 8h | 234.42 | −0.026% | $2.4M | $4.4M | 20x | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 234.57 | +0.038% | $4K | $127K | 10x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 234.51 | +0.013% | $1K | $1.7M | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 234.72 | +0.102% | $15K | $60K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 234.45 | −0.013% | $1.6M | $963K | 10x | as long as short |
| QFEX NBIS-USD | +0.0023% | 1h | 234.52 | +0.017% | $1.5M | $4.3M | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus NBIS-USD | +0.0040% | 1h | 234.48 | 0.000% | $43K | $132K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 234.71 | +0.098% | — | $215K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 234.42 | −0.026% | $149K | $453K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 234.42 | −0.026% | $28 | $20K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 234.70 | +0.094% | $164K | $499K | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0069% | 1h | 234.33 | −0.064% | $54.9M | $19.7M | 10x | as long as short |
| Variational Omni NBIS | +0.0095% | 8h | 234.77 | +0.122% | $2.9M | $569K | — | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 234.22 | −0.111% | $483K | $21K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 234.46 | −0.009% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 234.43 | −0.022% | — | — | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0104% | 1h | 233.53 | −0.405% | $382K | $712K | 10x | as long as short |
| Aster NBISUSDT | +0.0122% | 8h | 234.60 | +0.049% | $81K | $307K | 50x | as long as short |
| Extended NBIS-USD | +0.0128% | 1h | 234.45 | −0.014% | $146K | $702K | 10x | as long as short |
| Binance NBISUSDTshort | +0.0131% | 8h | 234.45 | −0.013% | $19.1M | $84.5M | 25x | |
| BloFin NBIS-USDT | +0.0142% | 8h | 234.52 | +0.017% | $206K | $204K | 20x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0152% | 1h | 234.33 | −0.066% | $23K | $15K | 20x | as long as short |
| Lighter NBIS | +0.0248% | 1h | 234.42 | −0.026% | $902K | $4.3M | 10x | as long as short |
| Phoenix NBIS | +0.0308% | 1h | 234.85 | +0.158% | $7K | $150K | 10x | as long as short |
| Entropy io:NBIS | +0.0472% | 1h | 234.48 | 0.000% | $10.2M | $3.3M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.0476% | 1h | 234.40 | −0.034% | $35K | $48K | 10x | as long as short |
| edgeX NBISUSDC | +0.0644% | 4h | 234.66 | +0.078% | $38K | $225K | 10x | as long as short |
Gate NBIS_USDT
Binance NBISUSDT
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Bitget NBISUSDT
GRVT NBIS_USDT_Perp
SunX NBIS-USDT
HTX NBIS-USDT
Phemex NBISUSDT
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
tradeXYZ xyz:NBIS
Variational Omni NBIS
KuCoin NBISUSDTM
Coinbase International NBIS-PERP-INTX
Aster NBISUSDT
Extended NBIS-USD
BloFin NBIS-USDT
Kraken Futures PF_NBISUSD
Lighter NBIS
Phoenix NBIS
Deribit NBIS_USDC-PERPETUAL
edgeX NBISUSDC