Funding you earn now, next payment 05:00 UTC+0.0190%/8h= +20.8% APRnext payment +$0.24 per $10,000 · paid last 24h —
Price spread now: Entropy against Aevo+0.139%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Entropy is 0.139% dearer against Aevo than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo NBIS-PERP | 232.07 | 0.0104 | pay 0.0013% / 1h | 6m 47s | — | — | 10x |
| Short | Entropy io:NBIS | 232.39 | 0.0294 | get 0.0037% / 1h | 6m 47s | $10.1M | $3.2M | 10x |
Aevo NBIS-PERP
Entropy io:NBISFunding history
latest
Range statsloading…
Price spread between the two exchanges
Entropy against Aevo. 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
- $39.99
- Price spread: +0.139% → 0.000%
- $13.89
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Entropy: 9 bp × 2 orders
- −$18
- Net
- $19.87
- Costs to cover
- 0.340%
- Break-even
- 3.5 days
Slippage unknown: Aevo: no order-book sample; Entropy: live order book, 8 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 Aevo no order-book sample | — | — | — | — | — |
| Sell Entropy live order book, 8 min ago | 1.28 bp | 23.7 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
Aevo: 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin NBIS-USDT | −0.0014% | 8h | 232.20 | +0.057% | $206K | $204K | 20x | as long as short |
| Aster NBISUSDT | 0.0000% | 8h | 232.56 | +0.213% | $78K | $310K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 232.29 | +0.096% | $146K | $599K | 10x | as long as short |
| Binance NBISUSDT | 0.0000% | 8h | 232.49 | +0.181% | $18.9M | $85.6M | 25x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 232.54 | +0.204% | $5.0M | $6.4M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 232.60 | +0.229% | $3.4M | $16.1M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 232.39 | +0.139% | $2.7M | $5.1M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 232.65 | +0.251% | $2.3M | $4.5M | 20x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 232.19 | +0.051% | $2.9M | $552K | — | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 231.97 | −0.042% | $5K | $118K | 10x | as long as short |
BloFin NBIS-USDT
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Bitget NBISUSDT
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 | 231.93 | −0.059% | $937 | $1.6M | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 232.16 | +0.040% | $15K | $60K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 232.18 | +0.048% | $1.6M | $956K | 10x | as long as short |
| Nado NBIS-PERP | +0.0008% | 1h | 232.06 | −0.003% | $38K | $115K | 3x | as long as short |
| QFEX NBIS-USD | +0.0034% | 1h | 232.14 | +0.031% | $1.5M | $4.0M | 10x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 232.17 | +0.044% | $42K | $132K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 232.10 | +0.014% | — | $217K | 5x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0049% | 1h | 232.13 | +0.025% | $23K | $15K | 20x | as long as short |
| tradeXYZ xyz:NBIS | +0.0050% | 1h | 232.50 | +0.186% | $54.2M | $20.2M | 10x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 232.07 | +0.001% | $143K | $459K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 232.03 | −0.016% | $97 | $21K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 232.08 | +0.005% | $160K | $507K | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.0095% | 1h | 232.10 | +0.014% | $34K | $49K | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 232.32 | +0.109% | $479K | $20K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 232.07 | +0.001% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERPlong | +0.0104% | 1h | 232.07 | long leg | — | — | 10x | |
| Coinbase International NBIS-PERP-INTX | +0.0104% | 1h | 232.30 | +0.100% | $361K | $771K | 10x | as long as short |
| Lighter NBIS | +0.0200% | 1h | 232.35 | +0.122% | $917K | $4.0M | 10x | as long as short |
| Phoenix NBIS | +0.0239% | 1h | 232.25 | +0.079% | $7K | $150K | 10x | as long as short |
| Entropy io:NBISshort | +0.0294% | 1h | 232.39 | +0.139% | $10.1M | $3.2M | 10x | |
| edgeX NBISUSDC | +0.0317% | 4h | 231.93 | −0.058% | $37K | $226K | 10x | as long as short |
SunX NBIS-USDT
HTX NBIS-USDT
Phemex NBISUSDT
Nado NBIS-PERP
QFEX NBIS-USD
Arcus NBIS-USD
Vest NBIS-USD-PERP
Kraken Futures PF_NBISUSD
tradeXYZ xyz:NBIS
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
Ondo Perps NBIS-USD.P
Deribit NBIS_USDC-PERPETUAL
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Coinbase International NBIS-PERP-INTX
Lighter NBIS
Phoenix NBIS
edgeX NBISUSDC