NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0636%/8h= −69.7% APRnext payment −$0.80 per $10,000 · paid last 24h −0.052%

Price spread now: SoDEX against Kraken Futures+0.023%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Kraken Futures Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 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 pays, funding is against you. SoDEX is 0.023% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.023% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 3 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_NBISUSD	230.21	0.0686	pay 0.0086% / 1h	38m 09s	$23K	$15K	20x
Short	SoDEX NBIS-USD	230.26	0.0050	get 0.0006% / 1h	38m 09s	$92	$20K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Kraken FuturesbpFee SoDEXbpOrdersPrice spread, now +0.023%Rate

Funding earned: −$133.66
Price spread: +0.023% → 0.000%: $2.34
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$149.32
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Kraken Futures: no order-book sample; 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 Kraken Futures no order-book sample	—	—	—	—	—
Sell SoDEX no order-book sample	—	—	—	—	—

Kraken Futures and 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 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	−0.0518%	8h	230.39	+0.080%	$2.3M	$4.5M	20x	as long as short
Aster NBISUSDT	0.0000%	8h	230.41	+0.090%	$84K	$311K	50x	as long as short
Extended NBIS-USD	0.0000%	1h	230.26	+0.023%	$144K	$662K	10x	as long as short
Binance NBISUSDT	0.0000%	8h	230.39	+0.080%	$18.5M	$87.3M	25x	as long as short
Bybit NBISUSDT	0.0000%	8h	230.40	+0.084%	$4.9M	$6.6M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	230.36	+0.067%	$3.3M	$16.1M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	230.33	+0.054%	$2.7M	$5.1M	50x	as long as short
Variational Omni NBIS	0.0000%	8h	230.48	+0.119%	$2.8M	$602K	—	as long as short
GRVT NBIS_USDT_Perp	0.0000%	8h	230.55	+0.150%	$5K	$116K	10x	as long as short
SunX NBIS-USDT	0.0000%	8h	230.42	+0.093%	$1K	$1.6M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit NBIS_USDC-PERPETUAL	0.0000%	1h	230.26	+0.023%	$34K	$49K	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	230.50	+0.128%	$15K	$57K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	230.34	+0.058%	$1.6M	$962K	10x	as long as short
BloFin NBIS-USDT	+0.0003%	8h	230.40	+0.084%	$204K	$205K	20x	as long as short
Arcus NBIS-USD	+0.0040%	1h	230.37	+0.071%	$42K	$132K	5x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	230.29	+0.036%	—	$221K	5x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	230.24	+0.015%	$137K	$473K	10x	as long as short
SoDEX NBIS-USDshort	+0.0050%	1h	230.26	+0.023%	$92	$20K	10x
Ondo Perps NBIS-USD.P	+0.0050%	1h	230.45	+0.106%	$152K	$547K	10x	as long as short
QFEX NBIS-USD	+0.0056%	1h	230.46	+0.110%	$1.5M	$3.8M	10x	as long as short
Nado NBIS-PERP	+0.0076%	1h	230.24	+0.016%	$37K	$115K	3x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	230.28	+0.032%	$475K	$20K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	230.33	+0.054%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	230.27	+0.027%	—	—	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0120%	1h	230.39	+0.080%	$351K	$812K	10x	as long as short
tradeXYZ xyz:NBIS	+0.0125%	1h	230.31	+0.045%	$54.2M	$20.9M	10x	as long as short
Lighter NBIS	+0.0216%	1h	230.37	+0.071%	$947K	$4.0M	10x	as long as short
Phoenix NBIS	+0.0311%	1h	230.47	+0.115%	$7K	$150K	10x	as long as short
Entropy io:NBIS	+0.0362%	1h	230.49	+0.123%	$10.0M	$3.1M	10x	as long as short
edgeX NBISUSDC	+0.0496%	4h	230.48	+0.119%	$37K	$226K	10x	as long as short
Kraken Futures PF_NBISUSDlong	+0.0686%	1h	230.21	long leg	$23K	$15K	20x