Funding you earn now, next payment 09:00 UTC−0.0087%/8h= −9.5% APRpaid last 24h −0.027%
Price spread now: Binance against tradeXYZ+0.110%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$420.415% of the position
Funding, last 7 days−0.184%−$18 on $10k
+Price spread, last 7 days−0.054%−$5 · spread now +0.110%, 7d avg +0.051%
=Together, before fees−0.238%+ Points / potential airdroptradeXYZ: Active · farm board−$24 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Binance is 0.059% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.110% now, against its 7-day average of +0.051%): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:NBIS | 227.25 | 0.0087 | pay 0.0011% / 1h | 33m 45s | $53.0M | $21.5M | 10x |
| Short | Binance NBISUSDT | 227.50 | 0 | get 0.0000% / 8h | 7h 33m | $18.5M | $88.9M | 25x |
tradeXYZ xyz:NBIS
Binance NBISUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against tradeXYZ. 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
- −$18.29
- Price spread: +0.110% → +0.051%
- $5.92
- Slippage, 4 orders
- −$13.53
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$53.91
- Costs to cover
- 0.415%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 5 min ago; Binance: live order book, 9 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 tradeXYZ live order book, 5 min ago | 0.87 bp | 11.0 bp −$11 | 15.4 bp −$154 | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 0.22 bp | 9.4 bp −$9 | 22.3 bp −$223 | 71.9 bp −$7,195 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget NBISUSDT | −0.0261% | 8h | 227.50 | +0.110% | $2.3M | $4.5M | 20x | as long as short |
| Coinbase International NBIS-PERP-INTX | −0.0008% | 1h | 227.85 | +0.264% | $353K | $801K | 10x | as long as short |
| BloFin NBIS-USDT | −0.0007% | 8h | 227.74 | +0.216% | $200K | $211K | 20x | as long as short |
| Aster NBISUSDT | 0.0000% | 8h | 227.62 | +0.164% | $80K | $313K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 227.44 | +0.084% | $145K | $877K | 10x | as long as short |
| Binance NBISUSDTshort | 0.0000% | 8h | 227.50 | +0.110% | $18.5M | $88.9M | 25x | |
| Bybit NBISUSDT | 0.0000% | 8h | 227.44 | +0.084% | $4.8M | $6.7M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 227.51 | +0.114% | $3.2M | $15.9M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 227.46 | +0.092% | $2.7M | $5.1M | 50x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 227.92 | +0.294% | $2.8M | $577K | — | as long as short |
Bitget NBISUSDT
Coinbase International NBIS-PERP-INTX
BloFin NBIS-USDT
Aster NBISUSDT
Extended NBIS-USD
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Variational Omni NBISShow 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 | +0.672% | $4K | $114K | 10x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 227.93 | +0.299% | $1K | $1.6M | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 228.00 | +0.330% | $13K | $61K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 227.73 | +0.211% | $1.5M | $971K | 10x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 227.36 | +0.048% | $41K | $124K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 227.28 | +0.013% | — | $241K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 227.19 | −0.026% | $135K | $466K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 227.57 | +0.141% | $64 | $20K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 227.31 | +0.026% | $148K | $532K | 10x | as long as short |
| QFEX NBIS-USD | +0.0064% | 1h | 227.38 | +0.057% | $1.5M | $3.7M | 10x | as long as short |
| Nado NBIS-PERP | +0.0065% | 1h | 227.45 | +0.088% | $38K | $116K | 3x | as long as short |
| tradeXYZ xyz:NBISlong | +0.0087% | 1h | 227.25 | long leg | $53.0M | $21.5M | 10x | |
| KuCoin NBISUSDTM | +0.0100% | 8h | 227.39 | +0.062% | $467K | $60K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 227.69 | +0.194% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 227.60 | +0.154% | — | — | 10x | as long as short |
| Lighter NBIS | +0.0120% | 1h | 227.42 | +0.075% | $915K | $4.0M | 10x | as long as short |
| Phoenix NBIS | +0.0277% | 1h | 229.09 | +0.810% | $7K | $125K | 10x | as long as short |
| Entropy io:NBIS | +0.0306% | 1h | 227.76 | +0.224% | $9.9M | $3.1M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.0321% | 1h | 227.63 | +0.167% | $34K | $49K | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0686% | 1h | 227.62 | +0.161% | $22K | $16K | 20x | as long as short |
| edgeX NBISUSDC | +0.0808% | 4h | 228.81 | +0.686% | $37K | $227K | 10x | as long as short |
GRVT NBIS_USDT_Perp
SunX NBIS-USDT
HTX NBIS-USDT
Phemex NBISUSDT
Arcus NBIS-USD
Vest NBIS-USD-PERP
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
Ondo Perps NBIS-USD.P
QFEX NBIS-USD
Nado NBIS-PERP
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
Lighter NBIS
Phoenix NBIS
Entropy io:NBIS
Deribit NBIS_USDC-PERPETUAL
Kraken Futures PF_NBISUSD
edgeX NBISUSDC