Funding you earn now, next payment 09:00 UTC−0.0057%/8h= −6.2% APRnext payment −$0.07 per $10,000 · paid last 24h +0.006%
Price spread now: Coinbase International against Nado−0.157%7-day average +0.106% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$760.757% of the position
Funding, last 4 days (all we have)+0.108%+$11 on $10k
+Price spread, last 4 days (all we have)+0.371%+$37 · spread now −0.157%, 7d avg +0.106%
=Together, before fees+0.478%+ Points / potential airdropNado: Active · farm board+$48 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Coinbase International is 0.263% cheaper against Nado than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of +0.106%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.108%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado NBIS-PERP | 233.06 | 0.0145 | pay 0.0018% / 1h | 0m 01s | $38K | $86K | 3x |
| Short | Coinbase International NBIS-PERP-INTX | 232.69 | 0.0088 | get 0.0011% / 1h | 0m 01s | $381K | $877K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Nado. 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
- −$11.98
- Price spread: −0.157% → +0.106%
- −$26.32
- Slippage, 4 orders
- −$58.66
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$113.97
- Costs to cover
- 0.757%
- Break-even
- never at this rate
Slippage from Nado: live order book, 50 min ago; Coinbase International: live order book, 51 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 Nado live order book, 50 min ago | 11.93 bp | 16.1 bp −$16 | 80.5 bp −$805 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 51 min ago | 5.64 bp | 10.6 bp −$11 | 15.5 bp −$155 | doesn't fit | doesn't fit |
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 | 233.34 | +0.121% | $3.3M | $16.5M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 233.41 | +0.152% | $2.7M | $5.1M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 233.41 | +0.152% | $2.3M | $4.5M | 20x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 232.68 | −0.162% | $1K | $1.5M | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 232.33 | −0.312% | $13K | $62K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 233.44 | +0.164% | $1.6M | $969K | 10x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 233.47 | +0.177% | — | $250K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 233.30 | +0.104% | $139K | $473K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 232.95 | −0.046% | $153K | $537K | 10x | as long as short |
| Variational Omni NBIS | +0.0053% | 8h | 232.76 | −0.127% | $2.9M | $638K | — | as long as short |
Show all 31 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX NBIS-USD | +0.0054% | 1h | 233.10 | +0.018% | $1.6M | $3.6M | 10x | as long as short |
| Bybit NBISUSDT | +0.0064% | 8h | 233.37 | +0.134% | $5.0M | $6.7M | 50x | as long as short |
| Aster NBISUSDT | +0.0073% | 8h | 233.11 | +0.021% | $75K | $312K | 50x | as long as short |
| Coinbase International NBIS-PERP-INTXshort | +0.0088% | 1h | 232.69 | −0.157% | $381K | $877K | 10x | |
| KuCoin NBISUSDTM | +0.0100% | 8h | 233.16 | +0.044% | $474K | $167K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 233.47 | +0.177% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 233.40 | +0.148% | — | — | 10x | as long as short |
| Extended NBIS-USD | +0.0112% | 1h | 233.42 | +0.157% | $146K | $844K | 10x | as long as short |
| Binance NBISUSDT | +0.0115% | 8h | 233.40 | +0.147% | $20.3M | $91.3M | 25x | as long as short |
| BloFin NBIS-USDT | +0.0127% | 8h | 232.47 | −0.252% | $157K | $216K | 20x | as long as short |
| Nado NBIS-PERPlong | +0.0145% | 1h | 233.06 | long leg | $38K | $86K | 3x | |
| SoDEX NBIS-USD | +0.0198% | 1h | 233.01 | −0.020% | $56 | $19K | 10x | as long as short |
| Arcus NBIS-USD | +0.0257% | 1h | 233.11 | +0.023% | $42K | $121K | 5x | as long as short |
| tradeXYZ xyz:NBIS | +0.0296% | 1h | 233.27 | +0.091% | $55.0M | $19.3M | 10x | as long as short |
| Phoenix NBIS | +0.0347% | 1h | 232.54 | −0.222% | $7K | $127K | 10x | as long as short |
| GRVT NBIS_USDT_Perp | +0.0361% | 8h | 232.54 | −0.222% | $4K | $103K | 10x | as long as short |
| Lighter NBIS | +0.0384% | 1h | 233.39 | +0.143% | $944K | $4.1M | 10x | as long as short |
| Entropy io:NBIS | +0.0674% | 1h | 232.51 | −0.235% | $10.1M | $3.1M | 10x | as long as short |
| edgeX NBISUSDC | +0.0732% | 4h | 232.38 | −0.290% | $37K | $227K | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0761% | 1h | 233.36 | +0.128% | $22K | $11K | 20x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.1208% | 1h | 233.56 | +0.216% | $35K | $49K | 10x | as long as short |
Coinbase International NBIS-PERP-INTX
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Bitget NBISUSDT
SunX NBIS-USDT
HTX NBIS-USDT
Phemex NBISUSDT
Polymarket Perps NBIS-USD
Variational Omni NBIS
Bybit NBISUSDT
Aster NBISUSDT
KuCoin NBISUSDTM
Extended NBIS-USD
Binance NBISUSDT
BloFin NBIS-USDT
SoDEX NBIS-USD
tradeXYZ xyz:NBIS
Phoenix NBIS
GRVT NBIS_USDT_Perp
Lighter NBIS
edgeX NBISUSDC
Kraken Futures PF_NBISUSD
Deribit NBIS_USDC-PERPETUAL