Funding you earn now, next payment 04:00 UTC−0.0012%/8h= −1.3% APRnext payment −$0.02 per $10,000 · paid last 24h −0.004%
Price spread now: QFEX against Ondo Perps+0.055%7-day average +0.008% · 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)−0.060%−$6 on $10k
+Price spread, last 4 days (all we have)−0.209%−$21 · spread now +0.055%, 7d avg +0.008%
=Together, before fees−0.269%+ Points / potential airdropOndo Perps: Active · farm board−$27 on $10k · with fees, hour by hour
The price spread pays, funding is against you. QFEX is 0.047% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.055% now, against its 7-day average of +0.008%): +$5 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 13 days. At the pace of the last 4 days (−0.060% in total) that is about 2.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps NBIS-USD.P | 235.24 | 0.0050 | pay 0.0006% / 1h | 11m 25s | $161K | $503K | 10x |
| Short | QFEX NBIS-USD | 235.37 | 0.0038 | get 0.0005% / 1h | 11m 25s | $1.5M | $4.2M | 10x |
Ondo Perps NBIS-USD.P
QFEX NBIS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Ondo Perps. 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
- −$2.55
- Price spread: +0.055% → +0.008%
- $4.69
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$12.87
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; QFEX: live order book, 7 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell QFEX live order book, 7 min ago | 2.13 bp | 8.3 bp −$8 | 10.7 bp −$107 | doesn't fit | doesn't fit |
Ondo Perps: 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado NBIS-PERP | −0.0063% | 1h | 235.08 | −0.070% | $38K | $115K | 3x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 235.45 | +0.089% | $5.0M | $6.3M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 235.38 | +0.060% | $3.4M | $16.2M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 235.40 | +0.068% | $2.8M | $5.0M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 235.41 | +0.072% | $2.4M | $4.4M | 20x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 235.25 | +0.004% | $2.9M | $561K | — | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 235.29 | +0.021% | $5K | $120K | 10x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 235.38 | +0.060% | $1K | $1.7M | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 235.24 | 0.000% | $15K | $60K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 235.36 | +0.051% | $1.6M | $955K | 10x | as long as short |
Nado NBIS-PERP
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Bitget NBISUSDT
Variational Omni NBIS
GRVT NBIS_USDT_Perp
SunX NBIS-USDT
HTX NBIS-USDT
Phemex NBISUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX NBISUSDC | +0.0029% | 4h | 235.20 | −0.017% | $38K | $227K | 10x | as long as short |
| BloFin NBIS-USDT | +0.0029% | 8h | 235.38 | +0.060% | $207K | $205K | 20x | as long as short |
| Aster NBISUSDT | +0.0035% | 8h | 235.33 | +0.038% | $79K | $310K | 50x | as long as short |
| QFEX NBIS-USDshort | +0.0038% | 1h | 235.37 | +0.055% | $1.5M | $4.2M | 10x | |
| Binance NBISUSDT | +0.0039% | 8h | 235.41 | +0.072% | $19.4M | $84.5M | 25x | as long as short |
| Extended NBIS-USD | +0.0040% | 1h | 235.33 | +0.040% | $150K | $701K | 10x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 235.19 | −0.021% | $43K | $132K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 235.54 | +0.128% | — | $216K | 5x | as long as short |
| tradeXYZ xyz:NBIS | +0.0050% | 1h | 235.30 | +0.026% | $54.9M | $19.9M | 10x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 235.29 | +0.021% | $149K | $453K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 235.29 | +0.021% | $52 | $21K | 10x | as long as short |
| Ondo Perps NBIS-USD.Plong | +0.0050% | 1h | 235.24 | long leg | $161K | $503K | 10x | |
| Coinbase International NBIS-PERP-INTX | +0.0056% | 1h | 235.56 | +0.136% | $389K | $724K | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 235.09 | −0.064% | $484K | $21K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 235.29 | +0.021% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 235.25 | +0.005% | — | — | 10x | as long as short |
| Lighter NBIS | +0.0160% | 1h | 235.30 | +0.026% | $903K | $4.1M | 10x | as long as short |
| Phoenix NBIS | +0.0272% | 1h | 235.26 | +0.009% | $7K | $150K | 10x | as long as short |
| Entropy io:NBIS | +0.0417% | 1h | 235.24 | 0.000% | $10.2M | $3.2M | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0477% | 1h | 235.25 | +0.006% | $24K | $15K | 20x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.0686% | 1h | 235.25 | +0.004% | $35K | $48K | 10x | as long as short |
edgeX NBISUSDC
BloFin NBIS-USDT
Aster NBISUSDT
Binance NBISUSDT
Extended NBIS-USD
Arcus NBIS-USD
Vest NBIS-USD-PERP
tradeXYZ xyz:NBIS
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
Coinbase International NBIS-PERP-INTX
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
Lighter NBIS
Phoenix NBIS
Entropy io:NBIS
Kraken Futures PF_NBISUSD
Deribit NBIS_USDC-PERPETUAL