NBIS

Alert: funding

Alert: spread

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: Ondo Perps against QFEX−0.055%7-day average −0.008% · you buy dearer than you sell

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

Long on QFEX Short on Ondo Perps

What this pair did over the last

the charts below follow

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

Funding pays, the price is against you. Ondo Perps is 0.047% cheaper against QFEX than usual: you would sell low and buy high (spread −0.055% now, against its 7-day average of −0.008%). If the spread goes back, that is −$5 on $10k: about 13 days of funding at the current rate ($0 a day). 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	QFEX NBIS-USD	235.37	0.0038	pay 0.0005% / 1h	11m 25s	$1.5M	$4.2M	10x
Short	Ondo Perps NBIS-USD.P	235.24	0.0050	get 0.0006% / 1h	11m 25s	$161K	$503K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against QFEX. 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 QFEXbpFee Ondo PerpsbpOrdersPrice spread, now −0.055%Rate

Funding earned: $2.55
Price spread: −0.055% → −0.008%: −$4.68
Slippage, 4 orders: no order book: not counted
Fee QFEX: 5 bp × 2 orders: −$10
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$17.13
Costs to cover: 0.150%
Break-even: 54.0 days

Slippage unknown: QFEX: live order book, 7 min ago; Ondo Perps: 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 QFEX live order book, 7 min ago	2.13 bp	9.6 bp −$10	12.5 bp −$125	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

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	−0.125%	$38K	$115K	3x	as long as short
Bybit NBISUSDT	0.0000%	8h	235.45	+0.034%	$5.0M	$6.3M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	235.38	+0.004%	$3.4M	$16.2M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	235.40	+0.013%	$2.8M	$5.0M	50x	as long as short
Bitget NBISUSDT	0.0000%	8h	235.41	+0.017%	$2.4M	$4.4M	20x	as long as short
Variational Omni NBIS	0.0000%	8h	235.25	−0.051%	$2.9M	$561K	—	as long as short
GRVT NBIS_USDT_Perp	0.0000%	8h	235.29	−0.034%	$5K	$120K	10x	as long as short
SunX NBIS-USDT	0.0000%	8h	235.38	+0.004%	$1K	$1.7M	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	235.24	−0.055%	$15K	$60K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	235.36	−0.004%	$1.6M	$955K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX NBISUSDC	+0.0029%	4h	235.20	−0.072%	$38K	$227K	10x	as long as short
BloFin NBIS-USDT	+0.0029%	8h	235.38	+0.004%	$207K	$205K	20x	as long as short
Aster NBISUSDT	+0.0035%	8h	235.33	−0.017%	$79K	$310K	50x	as long as short
QFEX NBIS-USDlong	+0.0038%	1h	235.37	long leg	$1.5M	$4.2M	10x
Binance NBISUSDT	+0.0039%	8h	235.41	+0.017%	$19.4M	$84.5M	25x	as long as short
Extended NBIS-USD	+0.0040%	1h	235.33	−0.016%	$150K	$701K	10x	as long as short
Arcus NBIS-USD	+0.0040%	1h	235.19	−0.076%	$43K	$132K	5x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	235.54	+0.072%	—	$216K	5x	as long as short
tradeXYZ xyz:NBIS	+0.0050%	1h	235.30	−0.030%	$54.9M	$19.9M	10x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	235.29	−0.034%	$149K	$453K	10x	as long as short
SoDEX NBIS-USD	+0.0050%	1h	235.29	−0.034%	$52	$21K	10x	as long as short
Ondo Perps NBIS-USD.Pshort	+0.0050%	1h	235.24	−0.055%	$161K	$503K	10x
Coinbase International NBIS-PERP-INTX	+0.0056%	1h	235.56	+0.081%	$389K	$724K	10x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	235.09	−0.119%	$484K	$21K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	235.29	−0.034%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	235.25	−0.050%	—	—	10x	as long as short
Lighter NBIS	+0.0160%	1h	235.30	−0.030%	$903K	$4.1M	10x	as long as short
Phoenix NBIS	+0.0272%	1h	235.26	−0.047%	$7K	$150K	10x	as long as short
Entropy io:NBIS	+0.0417%	1h	235.24	−0.055%	$10.2M	$3.2M	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0477%	1h	235.25	−0.049%	$24K	$15K	20x	as long as short
Deribit NBIS_USDC-PERPETUAL	+0.0686%	1h	235.25	−0.051%	$35K	$48K	10x	as long as short