NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.001%

Price spread now: Binance against Orderly−0.036%7-day average — · you buy dearer than you sell

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

Long on Orderly Short on Binance

What this pair did over the last

the charts below follow

Funding, last 5 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

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Binance is 0.036% cheaper against Orderly than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_NBIS_USDC_mythos	228.04	0.0100	pay 0.0100% / 8h	7h 36m	$2K	$3K	10x
Short	Binance NBISUSDT	227.96	0	get 0.0000% / 8h	7h 36m	$18.5M	$88.6M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Orderly. 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 OrderlybpFee BinancebpOrdersPrice spread, now −0.036%Rate

Funding earned: −$21
Price spread: −0.036% → 0.000%: −$3.63
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Binance: 5 bp × 2 orders: −$10
Net: −$40.63
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; Binance: live order book, 6 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 Orderly no order-book sample	—	—	—	—	—
Sell Binance live order book, 6 min ago	0.22 bp	9.4 bp −$9	22.3 bp −$223	71.9 bp −$7,195	doesn't fit

Orderly: 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	−0.0275%	8h	227.91	−0.057%	$2.3M	$4.5M	20x	as long as short
BloFin NBIS-USDT	−0.0016%	8h	228.98	+0.412%	$201K	$212K	20x	as long as short
Coinbase International NBIS-PERP-INTX	−0.0008%	1h	227.95	−0.039%	$353K	$801K	10x	as long as short
Aster NBISUSDT	0.0000%	8h	228.11	+0.031%	$80K	$313K	50x	as long as short
Extended NBIS-USD	0.0000%	1h	227.94	−0.043%	$146K	$877K	10x	as long as short
Binance NBISUSDTshort	0.0000%	8h	227.96	−0.036%	$18.5M	$88.6M	25x
Bybit NBISUSDT	0.0000%	8h	227.98	−0.026%	$4.8M	$6.7M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	227.89	−0.066%	$3.2M	$15.8M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	227.95	−0.039%	$2.7M	$5.1M	50x	as long as short
Variational Omni NBIS	0.0000%	8h	228.94	+0.396%	$2.8M	$576K	—	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT NBIS_USDT_Perp	0.0000%	8h	228.78	+0.323%	$4K	$114K	10x	as long as short
SunX NBIS-USDT	0.0000%	8h	228.14	+0.044%	$1K	$1.6M	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	228.00	−0.018%	$15K	$61K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	228.01	−0.013%	$1.5M	$971K	10x	as long as short
Deribit NBIS_USDC-PERPETUAL	+0.0013%	1h	227.84	−0.088%	$34K	$49K	10x	as long as short
Arcus NBIS-USD	+0.0040%	1h	227.99	−0.022%	$42K	$124K	5x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	227.82	−0.096%	—	$224K	5x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	227.76	−0.123%	$135K	$466K	10x	as long as short
SoDEX NBIS-USD	+0.0050%	1h	228.02	−0.009%	$68	$20K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	228.53	+0.215%	$148K	$538K	10x	as long as short
Nado NBIS-PERP	+0.0063%	1h	227.81	−0.101%	$38K	$116K	3x	as long as short
QFEX NBIS-USD	+0.0064%	1h	228.00	−0.018%	$1.5M	$3.6M	10x	as long as short
tradeXYZ xyz:NBIS	+0.0078%	1h	227.79	−0.110%	$53.1M	$21.5M	10x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	227.90	−0.061%	$469K	$58K	20x	as long as short
Orderly PERP_NBIS_USDC_mythoslong	+0.0100%	8h	228.04	long leg	$2K	$3K	10x
Aevo NBIS-PERP	+0.0104%	1h	227.97	−0.032%	—	—	10x	as long as short
Lighter NBIS	+0.0128%	1h	227.84	−0.088%	$912K	$4.0M	10x	as long as short
Phoenix NBIS	+0.0277%	1h	229.09	+0.460%	$7K	$125K	10x	as long as short
Entropy io:NBIS	+0.0306%	1h	228.44	+0.175%	$10.0M	$3.1M	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0685%	1h	227.88	−0.071%	$22K	$16K	20x	as long as short
edgeX NBISUSDC	+0.0808%	4h	228.81	+0.337%	$37K	$227K	10x	as long as short