Funding you earn now, next payment 11:00 UTC+0.0044%/8h= +4.8% APRnext payment +$0.05 per $10,000 · paid last 24h −0.027%
Price spread now: Arcus against Kraken Futures+0.081%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$1 a day on $10k at the current rate, and Arcus is 0.081% dearer against Kraken Futures than usual: you sell high and buy low: +$8 more if the spread 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 | Kraken Futures PF_NBISUSD | 233.79 | 0.0369 | pay 0.0046% / 1h | 43m 16s | $22K | $11K | 20x |
| Short | Arcus NBIS-USD | 233.98 | 0.0413 | get 0.0052% / 1h | 43m 16s | $42K | $119K | 5x |
Kraken Futures PF_NBISUSD
Arcus NBIS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Kraken Futures. 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
- $9.2
- Price spread: +0.081% → 0.000%
- $8.14
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- $2.84
- Costs to cover
- 0.145%
- Break-even
- 4.8 days
Slippage unknown: Kraken Futures: no order-book sample; Arcus: live order book, 3 min ago. 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Arcus live order book, 3 min ago | 3.42 bp | 6.5 bp −$6 | 10.6 bp −$106 | doesn't fit | doesn't fit |
Kraken Futures: 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit NBIS_USDC-PERPETUAL | −0.0049% | 1h | 233.91 | +0.051% | $35K | $49K | 10x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 234.03 | +0.103% | $3.3M | $16.6M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 234.01 | +0.094% | $2.8M | $5.0M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 234.10 | +0.133% | $2.3M | $4.6M | 20x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 233.59 | −0.085% | $1K | $1.4M | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 233.87 | +0.034% | $13K | $62K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 234.14 | +0.150% | $1.6M | $969K | 10x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 234.13 | +0.146% | — | $250K | 5x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 233.37 | −0.180% | $152K | $532K | 10x | as long as short |
| QFEX NBIS-USD | +0.0058% | 1h | 233.88 | +0.039% | $1.6M | $3.6M | 10x | as long as short |
Deribit NBIS_USDC-PERPETUAL
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Bitget NBISUSDT
SunX NBIS-USDT
HTX NBIS-USDT
Phemex NBISUSDT
Vest NBIS-USD-PERP
Ondo Perps NBIS-USD.P
QFEX NBIS-USDShow all 31 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NBISUSDTM | +0.0100% | 8h | 233.95 | +0.069% | $475K | $186K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 233.94 | +0.064% | $2K | $3K | 10x | as long as short |
| Bybit NBISUSDT | +0.0104% | 8h | 234.15 | +0.154% | $5.4M | $7.0M | 50x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 234.06 | +0.114% | — | — | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0104% | 1h | 234.06 | +0.116% | $383K | $883K | 10x | as long as short |
| Variational Omni NBIS | +0.0111% | 8h | 233.75 | −0.019% | $2.9M | $646K | — | as long as short |
| Polymarket Perps NBIS-USD | +0.0114% | 1h | 233.98 | +0.081% | $134K | $476K | 10x | as long as short |
| Aster NBISUSDT | +0.0145% | 8h | 234.39 | +0.256% | $81K | $314K | 50x | as long as short |
| Extended NBIS-USD | +0.0176% | 1h | 233.92 | +0.054% | $149K | $842K | 10x | as long as short |
| Binance NBISUSDT | +0.0180% | 8h | 234.06 | +0.114% | $20.6M | $91.5M | 25x | as long as short |
| BloFin NBIS-USDT | +0.0188% | 8h | 234.13 | +0.146% | $208K | $217K | 20x | as long as short |
| Nado NBIS-PERP | +0.0222% | 1h | 233.98 | +0.083% | $38K | $85K | 3x | as long as short |
| edgeX NBISUSDC | +0.0334% | 4h | 233.78 | −0.003% | $31K | $234K | 10x | as long as short |
| Kraken Futures PF_NBISUSDlong | +0.0369% | 1h | 233.79 | long leg | $22K | $11K | 20x | |
| Lighter NBIS | +0.0376% | 1h | 234.20 | +0.175% | $946K | $3.8M | 10x | as long as short |
| Phoenix NBIS | +0.0377% | 1h | 233.68 | −0.047% | $7K | $127K | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0387% | 1h | 234.12 | +0.141% | $55.4M | $19.2M | 10x | as long as short |
| Arcus NBIS-USDshort | +0.0413% | 1h | 233.98 | +0.081% | $42K | $119K | 5x | |
| SoDEX NBIS-USD | +0.0465% | 1h | 233.83 | +0.017% | $80 | $19K | 10x | as long as short |
| GRVT NBIS_USDT_Perp | +0.0560% | 8h | 234.24 | +0.193% | $4K | $101K | 10x | as long as short |
| Entropy io:NBIS | +0.0761% | 1h | 233.96 | +0.073% | $10.2M | $3.0M | 10x | as long as short |
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Bybit NBISUSDT
Aevo NBIS-PERP
Coinbase International NBIS-PERP-INTX
Variational Omni NBIS
Polymarket Perps NBIS-USD
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
BloFin NBIS-USDT
Nado NBIS-PERP
edgeX NBISUSDC
Lighter NBIS
Phoenix NBIS
tradeXYZ xyz:NBIS
SoDEX NBIS-USD
GRVT NBIS_USDT_Perp
Entropy io:NBIS