Funding you earn now, next payment 05:00 UTC+0.0034%/8h= +3.7% APRpaid last 24h +0.010%
Price spread now: QFEX against OKX−0.047%7-day average −0.046% · 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−$34as in the Price arb table
costs, in and out, $10k−$340.342% of the position
Funding, last 4 days (all we have)−0.010%−$1 on $10k
+Price spread, last 7 days+0.008%+$1 · spread now −0.047%, 7d avg −0.046%
=The price spread sits at its 7-day average of −0.046%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX NBIS-USDT-SWAP | 232.58 | 0 | get 0.0000% / 8h | 3h 04m | $3.4M | $16.1M | 25x |
| Short | QFEX NBIS-USD | 232.47 | 0.0034 | get 0.0004% / 1h | 4m 31s | $1.5M | $4.0M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against OKX. 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
- $7.16
- Price spread: −0.047% → −0.046%
- −$0.12
- Slippage, 4 orders
- −$14.25
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$27.21
- Costs to cover
- 0.342%
- Break-even
- 33.6 days
Slippage from OKX: live order book, 4 min ago; QFEX: live order book, 4 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 OKX live order book, 4 min ago | 0.65 bp | 9.8 bp −$10 | 25.6 bp −$256 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 4 min ago | 2.37 bp | 7.4 bp −$7 | 10.0 bp −$100 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NBISUSDT | 0.0000% | 8h | 232.58 | 0.000% | $78K | $310K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 232.32 | −0.111% | $146K | $626K | 10x | as long as short |
| Binance NBISUSDT | 0.0000% | 8h | 232.46 | −0.053% | $18.9M | $85.6M | 25x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 232.52 | −0.026% | $5.0M | $6.4M | 50x | as long as short |
| OKX NBIS-USDT-SWAPlong | 0.0000% | 8h | 232.58 | long leg | $3.4M | $16.1M | 25x | |
| Gate NBIS_USDT | 0.0000% | 8h | 232.45 | −0.056% | $2.7M | $5.1M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 232.60 | +0.009% | $2.4M | $4.5M | 20x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 232.62 | +0.019% | $2.9M | $552K | — | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 232.14 | −0.191% | $5K | $118K | 10x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 232.34 | −0.103% | $985 | $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 | 232.35 | −0.099% | $34K | $49K | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 232.34 | −0.103% | $15K | $60K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 232.33 | −0.107% | $1.6M | $956K | 10x | as long as short |
| Nado NBIS-PERP | +0.0007% | 1h | 232.34 | −0.104% | $38K | $115K | 3x | as long as short |
| BloFin NBIS-USDT | +0.0009% | 8h | 232.15 | −0.185% | $205K | $205K | 20x | as long as short |
| QFEX NBIS-USDshort | +0.0034% | 1h | 232.47 | −0.047% | $1.5M | $4.0M | 10x | |
| Arcus NBIS-USD | +0.0040% | 1h | 232.19 | −0.168% | $42K | $132K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 232.36 | −0.095% | — | $217K | 5x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0049% | 1h | 232.29 | −0.126% | $23K | $15K | 20x | as long as short |
| tradeXYZ xyz:NBIS | +0.0050% | 1h | 232.08 | −0.215% | $54.1M | $20.2M | 10x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 232.17 | −0.176% | $143K | $459K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 232.28 | −0.129% | $102 | $21K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 232.20 | −0.163% | $160K | $508K | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 232.20 | −0.163% | $479K | $20K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 232.33 | −0.107% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 232.27 | −0.131% | — | — | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0104% | 1h | 232.30 | −0.120% | $361K | $771K | 10x | as long as short |
| Lighter NBIS | +0.0192% | 1h | 232.20 | −0.163% | $918K | $4.0M | 10x | as long as short |
| Phoenix NBIS | +0.0239% | 1h | 232.36 | −0.095% | $7K | $150K | 10x | as long as short |
| Entropy io:NBIS | +0.0293% | 1h | 232.30 | −0.120% | $10.1M | $3.2M | 10x | as long as short |
| edgeX NBISUSDC | +0.0317% | 4h | 231.93 | −0.278% | $37K | $226K | 10x | as long as short |
OKX NBIS-USDT-SWAP
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
Bybit NBISUSDT
Gate NBIS_USDT
Bitget NBISUSDT
Variational Omni NBIS
GRVT NBIS_USDT_Perp
SunX NBIS-USDT
Deribit NBIS_USDC-PERPETUAL
HTX NBIS-USDT
Phemex NBISUSDT
BloFin NBIS-USDT
Kraken Futures PF_NBISUSD
tradeXYZ xyz:NBIS
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
KuCoin NBISUSDTM
Coinbase International NBIS-PERP-INTX
Lighter NBIS
Phoenix NBIS
edgeX NBISUSDC