Settings8H · net · $10k
Funding arb · Price arb /

NBIS

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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0638%/8h= −69.9% APRnext payment $0.80 per $10,000 · paid last 24h −0.015%
Price spread now: Extended against Arcus+0.027%7-day average −0.019% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$350.352% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.125%−$13 on $10k
Price spread, last 4 days (all we have)+0.022%+$2 · spread now +0.027%, 7d avg −0.019%
Together, before fees−0.103%+ Points / potential airdropExtended: Active · farm board−$10 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.046% dearer against Arcus than usual: you sell high and buy low (spread +0.027% now, against its 7-day average of −0.019%): +$5 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 6 hours. At the pace of the last 4 days (−0.125% in total) that is about 34 hours.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.125% in total (about -11.8% a year). A funding rate is set anew for every payment; at this rate the next one is about $0.80 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus NBIS-USD232.830.0870pay 0.0109% / 1h44m 07s$43K$116K5x
ShortExtended NBIS-USD232.890.0232get 0.0029% / 1h44m 07s$147K$1.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Arcus. 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

Funding earned
−$134
Price spread: +0.027% → −0.019%
$4.58
Slippage, 4 orders
−$25.73
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$164.65
Costs to cover
0.352%
Break-even
never at this rate
Slippage from Arcus: live order book, 62 min ago; Extended: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Arcus live order book, 62 min ago3.42 bp6.0 bp −$612.1 bp −$121doesn't fitdoesn't fit
Sell Extended live order book, 2 min ago1.51 bp11.3 bp −$1179.0 bp −$790doesn't fitdoesn't fit

NBIS on 31 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NBIS-USDT-SWAP0.0000%8h232.87+0.017%$3.3M$16.2M25xas long as short
Gate NBIS_USDT0.0000%8h232.84+0.004%$2.7M$4.8M50xas long as short
Bitget NBISUSDT0.0000%8h232.84+0.004%$2.3M$4.4M20xas long as short
SunX NBIS-USDT0.0000%8h232.73−0.043%$1K$1.4M10xas long as short
HTX NBIS-USDT0.0000%8h232.71−0.052%$12K$61K20xas long as short
Phemex NBISUSDT0.0000%8h232.99+0.069%$1.6M$968K10xas long as short
Kraken Futures PF_NBISUSD+0.0039%1h232.92+0.040%$22K$10K20xas long as short
SoDEX NBIS-USD+0.0050%1h232.79−0.017%$1K$20K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h233.10+0.116%$151K$520K10xas long as short
Vest NBIS-USD-PERP+0.0052%1h232.97+0.060%$250K5xas long as short
Show all 31 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX NBIS-USD+0.0053%1h232.90+0.030%$1.6M$3.6M10xas long as short
KuCoin NBISUSDTM+0.0100%8h232.70−0.056%$472K$252K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h232.79−0.017%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h232.72−0.047%10xas long as short
Polymarket Perps NBIS-USD+0.0115%1h232.87+0.017%$129K$478K10xas long as short
Variational Omni NBIS+0.0182%8h232.52−0.135%$2.9M$623Kas long as short
Nado NBIS-PERP+0.0187%1h232.51−0.137%$38K$54K3xas long as short
edgeX NBISUSDC+0.0203%4h232.68−0.065%$31K$234K10xas long as short
BloFin NBIS-USDT+0.0211%8h232.77−0.026%$209K$216K20xas long as short
Aster NBISUSDT+0.0213%8h233.09+0.113%$81K$314K50xas long as short
Bybit NBISUSDT+0.0220%8h232.96+0.056%$5.4M$6.9M50xas long as short
Coinbase International NBIS-PERP-INTX+0.0224%1h234.06+0.528%$383K$861K10xas long as short
Extended NBIS-USDshort+0.0232%1h232.89+0.027%$147K$1.0M10x
Binance NBISUSDT+0.0236%8h232.85+0.009%$20.5M$90.3M25xas long as short
Lighter NBIS+0.0400%1h232.95+0.052%$941K$3.7M10xas long as short
tradeXYZ xyz:NBIS+0.0408%1h232.86+0.013%$55.7M$19.0M10xas long as short
GRVT NBIS_USDT_Perp+0.0419%8h232.93+0.044%$5K$101K10xas long as short
Phoenix NBIS+0.0444%1h233.23+0.172%$7K$117K10xas long as short
Deribit NBIS_USDC-PERPETUAL+0.0524%1h232.830.000%$36K$50K10xas long as short
Entropy io:NBIS+0.0680%1h232.86+0.013%$10.2M$2.9M10xas long as short
Arcus NBIS-USDlong+0.0870%1h232.83long leg$43K$116K5x