Funding you earn now, next payment 08:00 UTC−0.0098%/8h= −10.7% APRnext payment −$0.12 per $10,000 · paid last 24h −0.035%
Price spread now: Deribit against Kraken Futures−0.005%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_NBISUSD | 231.37 | 0.0540 | pay 0.0067% / 1h | 32m 37s | $23K | $15K | 20x |
| Short | Deribit NBIS_USDC-PERPETUAL | 231.36 | 0.0442 | get 0.0055% / 1h | 32m 37s | $34K | $49K | 10x |
Kraken Futures PF_NBISUSD
Deribit NBIS_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$20.51
- Price spread: −0.005% → 0.000%
- −$0.52
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$38.03
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Deribit: 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Deribit no order-book sample | — | — | — | — | — |
Kraken Futures and Deribit: 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 | −0.0426% | 8h | 231.44 | +0.029% | $2.3M | $4.6M | 20x | as long as short |
| Aster NBISUSDT | 0.0000% | 8h | 231.39 | +0.007% | $84K | $311K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 231.40 | +0.012% | $148K | $876K | 10x | as long as short |
| Binance NBISUSDT | 0.0000% | 8h | 231.47 | +0.041% | $18.7M | $87.8M | 25x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 231.35 | −0.010% | $4.9M | $6.8M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 231.35 | −0.010% | $3.3M | $16.0M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 231.42 | +0.021% | $2.7M | $5.2M | 50x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 231.17 | −0.087% | $2.8M | $594K | — | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 231.32 | −0.023% | $4K | $116K | 10x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 231.36 | −0.005% | $1K | $1.6M | 10x | as long as short |
Bitget NBISUSDT
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Variational Omni NBIS
GRVT NBIS_USDT_Perp
SunX NBIS-USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX NBIS-USDT | 0.0000% | 8h | 231.45 | +0.034% | $15K | $57K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 231.36 | −0.005% | $1.6M | $969K | 10x | as long as short |
| BloFin NBIS-USDT | +0.0011% | 8h | 231.41 | +0.016% | $204K | $209K | 20x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 231.19 | −0.079% | $42K | $131K | 5x | as long as short |
| QFEX NBIS-USD | +0.0041% | 1h | 231.49 | +0.051% | $1.5M | $3.8M | 10x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 231.30 | −0.031% | — | $222K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 231.36 | −0.005% | $137K | $473K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 231.25 | −0.053% | $150K | $543K | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0056% | 1h | 230.39 | −0.424% | $353K | $805K | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 231.21 | −0.070% | $477K | $20K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 231.43 | +0.025% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 231.32 | −0.020% | — | — | 10x | as long as short |
| SoDEX NBIS-USD | +0.0116% | 1h | 231.36 | −0.005% | $97 | $20K | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0149% | 1h | 231.28 | −0.040% | $54.3M | $21.1M | 10x | as long as short |
| Nado NBIS-PERP | +0.0173% | 1h | 231.14 | −0.099% | $38K | $116K | 3x | as long as short |
| Phoenix NBIS | +0.0312% | 1h | 231.13 | −0.105% | $7K | $125K | 10x | as long as short |
| edgeX NBISUSDC | +0.0332% | 4h | 231.30 | −0.033% | $37K | $227K | 10x | as long as short |
| Lighter NBIS | +0.0344% | 1h | 231.43 | +0.025% | $933K | $4.0M | 10x | as long as short |
| Entropy io:NBIS | +0.0440% | 1h | 231.25 | −0.053% | $10.1M | $3.1M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUALshort | +0.0442% | 1h | 231.36 | −0.005% | $34K | $49K | 10x | |
| Kraken Futures PF_NBISUSDlong | +0.0540% | 1h | 231.37 | long leg | $23K | $15K | 20x |
HTX NBIS-USDT
Phemex NBISUSDT
BloFin NBIS-USDT
Arcus NBIS-USD
QFEX NBIS-USD
Vest NBIS-USD-PERP
Polymarket Perps NBIS-USD
Ondo Perps NBIS-USD.P
Coinbase International NBIS-PERP-INTX
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
SoDEX NBIS-USD
tradeXYZ xyz:NBIS
Nado NBIS-PERP
Phoenix NBIS
edgeX NBISUSDC
Lighter NBIS
Entropy io:NBIS