NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0131%/8h= +14.4% APRnext payment +$0.16 per $10,000 · paid last 24h +0.026%

Price spread now: Nado against Arcus−0.024%52s7-day average +0.001% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$810.813% of the position

Long on Arcus Short on Nado

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.009%−$1 on $10k

Price spread, last 4 days (all we have)+0.347%+$35 · spread now −0.024%, 7d avg +0.001%

Together, before fees+0.338%+ Points / potential airdropNado: Active · farm board+$34 on $10k · with fees, hour by hour

Funding pays, the price is against you. Nado is 0.025% cheaper against Arcus than usual: you would sell low and buy high (spread −0.024% now, against its 7-day average of +0.001%). If the spread goes back, that is −$3 on $10k: about 15 hours of funding at the current rate (+$4 a day). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus NBIS-USD	231.12	0.0040	pay 0.0005% / 1h	34m 35s	$42K	$131K	5x
Short	Nado NBIS-PERP	231.06	0.0171	get 0.0021% / 1h	34m 35s	$38K	$116K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now −0.024%Rate

Funding earned: $27.53
Price spread: −0.024% → +0.001%: −$2.51
Slippage, 4 orders: −$69.78
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$56.27
Costs to cover: 0.813%
Break-even: 21.3 days

Slippage from Arcus: live order book, 3 min ago; Nado: live order book, 64 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 Arcus live order book, 3 min ago	5.19 bp	9.2 bp −$9	17.7 bp −$177	doesn't fit	doesn't fit
Sell Nado live order book, 64 min ago	10.42 bp	33.1 bp −$33	doesn't fit	doesn't fit	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	−0.0440%	8h	231.36	+0.104%	$2.3M	$4.6M	20x	as long as short
Aster NBISUSDT	0.0000%	8h	231.30	+0.077%	$84K	$311K	50x	as long as short
Extended NBIS-USD	0.0000%	1h	231.31	+0.081%	$148K	$876K	10x	as long as short
Binance NBISUSDT	0.0000%	8h	231.39	+0.117%	$18.7M	$87.8M	25x	as long as short
Bybit NBISUSDT	0.0000%	8h	231.40	+0.121%	$4.9M	$6.8M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	231.32	+0.087%	$3.3M	$16.1M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	231.26	+0.061%	$2.7M	$5.2M	50x	as long as short
Variational Omni NBIS	0.0000%	8h	231.17	+0.022%	$2.8M	$594K	—	as long as short
GRVT NBIS_USDT_Perp	0.0000%	8h	231.29	+0.073%	$4K	$116K	10x	as long as short
SunX NBIS-USDT	0.0000%	8h	231.36	+0.104%	$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
HTX NBIS-USDT	0.0000%	8h	231.29	+0.074%	$15K	$57K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	231.34	+0.095%	$1.6M	$969K	10x	as long as short
BloFin NBIS-USDT	+0.0028%	8h	231.35	+0.100%	$203K	$209K	20x	as long as short
Arcus NBIS-USDlong	+0.0040%	1h	231.12	long leg	$42K	$131K	5x
QFEX NBIS-USD	+0.0041%	1h	231.34	+0.095%	$1.5M	$3.8M	10x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	231.03	−0.039%	—	$222K	5x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	231.09	−0.013%	$137K	$473K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	231.06	−0.026%	$150K	$543K	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0056%	1h	230.39	−0.316%	$353K	$814K	10x	as long as short
SoDEX NBIS-USD	+0.0091%	1h	231.25	+0.056%	$102	$20K	10x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	231.02	−0.043%	$476K	$20K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	231.18	+0.026%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	231.17	+0.021%	—	—	10x	as long as short
tradeXYZ xyz:NBIS	+0.0150%	1h	231.15	+0.013%	$54.3M	$21.1M	10x	as long as short
Nado NBIS-PERPshort	+0.0171%	1h	231.06	−0.024%	$38K	$116K	3x
Phoenix NBIS	+0.0312%	1h	231.13	+0.004%	$7K	$125K	10x	as long as short
edgeX NBISUSDC	+0.0332%	4h	231.30	+0.076%	$37K	$227K	10x	as long as short
Lighter NBIS	+0.0368%	1h	231.18	+0.026%	$932K	$4.0M	10x	as long as short
Entropy io:NBIS	+0.0437%	1h	231.10	−0.009%	$10.1M	$3.1M	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0540%	1h	231.13	+0.004%	$23K	$15K	20x	as long as short
Deribit NBIS_USDC-PERPETUAL	+0.0746%	1h	231.13	+0.004%	$34K	$49K	10x	as long as short