NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0500%/8h= +54.8% APRnext payment +$0.63 per $10,000 · paid last 24h +0.034%

Price spread now: Kraken Futures against Arcus+0.020%7-day average — · you sell dearer than you buy

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

Long on Arcus Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—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 +$15 a day on $10k at the current rate, and Kraken Futures is 0.020% dearer against Arcus than usual: you sell high and buy low: +$2 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	Arcus NBIS-USD	230.88	0.0040	pay 0.0005% / 1h	6m 45s	$42K	$131K	5x
Short	Kraken Futures PF_NBISUSD	230.93	0.0541	get 0.0068% / 1h	6m 45s	$23K	$15K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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

Position, each leg$Hold fordaysFee ArcusbpFee Kraken FuturesbpOrdersPrice spread, now +0.020%Rate

Funding earned: $105.09
Price spread: +0.020% → 0.000%: $2.03
Slippage, 4 orders: no order book: not counted
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $92.62
Costs to cover: 0.145%
Break-even: 0.8 days

Slippage unknown: Arcus: live order book, 31 min ago; Kraken Futures: 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 Arcus live order book, 31 min ago	5.19 bp	9.2 bp −$9	17.7 bp −$177	doesn't fit	doesn't fit
Sell Kraken Futures no order-book sample	—	—	—	—	—

Kraken Futures: 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	−0.0369%	8h	231.04	+0.069%	$2.3M	$4.6M	20x	as long as short
Aster NBISUSDT	0.0000%	8h	231.06	+0.078%	$84K	$311K	50x	as long as short
Extended NBIS-USD	0.0000%	1h	230.87	−0.004%	$144K	$876K	10x	as long as short
Binance NBISUSDT	0.0000%	8h	230.97	+0.039%	$18.8M	$87.9M	25x	as long as short
Bybit NBISUSDT	0.0000%	8h	231.05	+0.074%	$4.9M	$6.8M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	231.07	+0.082%	$3.3M	$16.0M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	230.91	+0.013%	$2.7M	$5.2M	50x	as long as short
Variational Omni NBIS	0.0000%	8h	230.87	−0.004%	$2.8M	$589K	—	as long as short
GRVT NBIS_USDT_Perp	0.0000%	8h	230.93	+0.024%	$4K	$115K	10x	as long as short
SunX NBIS-USDT	0.0000%	8h	230.84	−0.017%	$1K	$1.6M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit NBIS_USDC-PERPETUAL	0.0000%	1h	230.82	−0.026%	$34K	$49K	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	231.01	+0.056%	$15K	$57K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	230.97	+0.039%	$1.6M	$971K	10x	as long as short
BloFin NBIS-USDT	+0.0011%	8h	231.03	+0.065%	$204K	$212K	20x	as long as short
Arcus NBIS-USDlong	+0.0040%	1h	230.88	long leg	$42K	$131K	5x
QFEX NBIS-USD	+0.0041%	1h	230.96	+0.035%	$1.5M	$3.7M	10x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	230.83	−0.022%	—	$223K	5x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	230.84	−0.017%	$137K	$473K	10x	as long as short
SoDEX NBIS-USD	+0.0050%	1h	230.95	+0.030%	$79	$20K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	230.97	+0.039%	$150K	$542K	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0056%	1h	230.90	+0.009%	$357K	$811K	10x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	230.82	−0.026%	$476K	$26K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	230.96	+0.035%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	230.93	+0.024%	—	—	10x	as long as short
tradeXYZ xyz:NBIS	+0.0119%	1h	230.94	+0.026%	$54.1M	$21.2M	10x	as long as short
Nado NBIS-PERP	+0.0183%	1h	230.82	−0.024%	$38K	$116K	3x	as long as short
Lighter NBIS	+0.0264%	1h	231.01	+0.056%	$939K	$4.1M	10x	as long as short
Phoenix NBIS	+0.0312%	1h	231.04	+0.069%	$7K	$125K	10x	as long as short
edgeX NBISUSDC	+0.0347%	4h	230.92	+0.016%	$37K	$226K	10x	as long as short
Entropy io:NBIS	+0.0410%	1h	230.93	+0.022%	$10.1M	$3.1M	10x	as long as short
Kraken Futures PF_NBISUSDshort	+0.0541%	1h	230.93	+0.020%	$23K	$15K	20x