Funding you earn now, next payment 08:00 UTC−0.0277%/8h= −30.3% APRpaid last 24h −0.095%
Price spread now: HTX against Phoenix+0.624%72s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.564%−$56 on $10k
+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. HTX is 0.624% dearer against Phoenix than usual: you sell high and buy low (spread +0.624% now, against zero (this spread has no 7-day history yet)): +$62 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 7.5 days. The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix NBIS | 227.46 | 0.0277 | pay 0.0035% / 1h | 19m 42s | $7K | $125K | 10x |
| Short | HTX NBIS-USDT | 228.88 | 0 | get 0.0000% / 8h | 7h 19m | $13K | $62K | 20x |
Phoenix NBIS
HTX NBIS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Phoenix. 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
- −$58.15
- Price spread: +0.624% → 0.000%
- $62.43
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$14.73
- Costs to cover
- 0.190%
- Break-even
- from the start
Slippage unknown: Phoenix: live order book, 6 min ago; HTX: 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 Phoenix live order book, 6 min ago | 5.27 bp | 15.5 bp −$15 | 33.4 bp −$334 | doesn't fit | doesn't fit |
| Sell HTX no order-book sample | — | — | — | — | — |
HTX: 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 | −0.0198% | 8h | 229.61 | +0.945% | $2.3M | $4.6M | 20x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | −0.0055% | 1h | 229.36 | +0.835% | $34K | $49K | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | −0.0008% | 1h | 226.87 | −0.259% | $352K | $801K | 10x | as long as short |
| Aster NBISUSDT | 0.0000% | 8h | 229.12 | +0.732% | $73K | $320K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 229.52 | +0.908% | $143K | $859K | 10x | as long as short |
| Binance NBISUSDT | 0.0000% | 8h | 229.49 | +0.892% | $18.4M | $89.7M | 25x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 229.51 | +0.901% | $3.2M | $16.2M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 229.53 | +0.910% | $2.7M | $5.2M | 50x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 229.38 | +0.845% | $2.8M | $597K | — | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 228.55 | +0.480% | $4K | $113K | 10x | as long as short |
Bitget NBISUSDT
Deribit NBIS_USDC-PERPETUAL
Coinbase International NBIS-PERP-INTX
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Variational Omni NBIS
GRVT NBIS_USDT_PerpShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX NBIS-USDT | 0.0000% | 8h | 229.36 | +0.835% | $1K | $1.6M | 10x | as long as short |
| HTX NBIS-USDTshort | 0.0000% | 8h | 228.88 | +0.624% | $13K | $62K | 20x | |
| Phemex NBISUSDT | 0.0000% | 8h | 229.33 | +0.822% | $1.5M | $971K | 10x | as long as short |
| BloFin NBIS-USDT | +0.0015% | 8h | 229.14 | +0.739% | $202K | $213K | 20x | as long as short |
| Bybit NBISUSDT | +0.0020% | 8h | 229.50 | +0.897% | $4.8M | $6.8M | 50x | as long as short |
| edgeX NBISUSDC | +0.0030% | 4h | 228.53 | +0.471% | $37K | $227K | 10x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 229.44 | +0.870% | $42K | $124K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 229.27 | +0.796% | — | $246K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 229.20 | +0.765% | $136K | $466K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 229.31 | +0.813% | $147K | $534K | 10x | as long as short |
| QFEX NBIS-USD | +0.0064% | 1h | 229.41 | +0.857% | $1.5M | $3.7M | 10x | as long as short |
| Nado NBIS-PERP | +0.0072% | 1h | 229.40 | +0.853% | $38K | $116K | 3x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 229.19 | +0.761% | $471K | $76K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 229.32 | +0.818% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 229.29 | +0.804% | — | — | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0108% | 1h | 229.52 | +0.906% | $53.5M | $21.6M | 10x | as long as short |
| Lighter NBIS | +0.0120% | 1h | 229.51 | +0.901% | $901K | $4.1M | 10x | as long as short |
| SoDEX NBIS-USD | +0.0233% | 1h | 229.20 | +0.765% | $69 | $20K | 10x | as long as short |
| Phoenix NBISlong | +0.0277% | 1h | 227.46 | long leg | $7K | $125K | 10x | |
| Entropy io:NBIS | +0.0311% | 1h | 228.92 | +0.642% | $10.0M | $3.1M | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0681% | 1h | 229.27 | +0.794% | $22K | $16K | 20x | as long as short |
SunX NBIS-USDT
Phemex NBISUSDT
BloFin NBIS-USDT
Bybit NBISUSDT
edgeX NBISUSDC
Arcus NBIS-USD
Vest NBIS-USD-PERP
Polymarket Perps NBIS-USD
Ondo Perps NBIS-USD.P
QFEX NBIS-USD
Nado NBIS-PERP
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
tradeXYZ xyz:NBIS
Lighter NBIS
SoDEX NBIS-USD
Entropy io:NBIS
Kraken Futures PF_NBISUSD