Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.021%
Price spread now: QFEX against Arcus+0.074%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$350.348% of the position
Funding, last 4 days (all we have)−0.145%−$14 on $10k
+Price spread, last 4 days (all we have)−0.075%−$8 · spread now +0.074%, 7d avg +0.001%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.072% dearer against Arcus than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus NBIS-USD | 230.99 | 0.0040 | pay 0.0005% / 1h | 2m 13s | $42K | $131K | 5x |
| Short | QFEX NBIS-USD | 231.16 | 0.0041 | get 0.0005% / 1h | 2m 13s | $1.5M | $3.7M | 10x |
Arcus NBIS-USD
QFEX NBIS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Arcus. 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
- $0.09
- Price spread: +0.074% → +0.001%
- $7.22
- Slippage, 4 orders
- −$20.26
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$27.45
- Costs to cover
- 0.348%
- Break-even
- 2076.2 days
Slippage from Arcus: live order book, 36 min ago; QFEX: live order book, 6 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, 36 min ago | 5.19 bp | 9.2 bp −$9 | 17.7 bp −$177 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 6 min ago | 2.16 bp | 7.2 bp −$7 | 9.9 bp −$99 | 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 | −0.0359% | 8h | 231.21 | +0.095% | $2.3M | $4.6M | 20x | as long as short |
| BloFin NBIS-USDT | −0.0024% | 8h | 231.21 | +0.095% | $204K | $212K | 20x | as long as short |
| Aster NBISUSDT | 0.0000% | 8h | 231.19 | +0.089% | $84K | $311K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 231.17 | +0.079% | $145K | $876K | 10x | as long as short |
| Binance NBISUSDT | 0.0000% | 8h | 231.16 | +0.074% | $18.8M | $88.0M | 25x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 231.22 | +0.100% | $4.9M | $6.7M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 231.14 | +0.065% | $3.3M | $16.0M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 231.20 | +0.091% | $2.7M | $5.2M | 50x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 231.07 | +0.036% | $2.8M | $590K | — | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 231.02 | +0.012% | $4K | $115K | 10x | as long as short |
Bitget NBISUSDT
BloFin NBIS-USDT
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
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 | 231.25 | +0.113% | $1K | $1.6M | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 231.04 | +0.022% | $15K | $57K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 231.17 | +0.078% | $1.6M | $972K | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.0010% | 1h | 231.09 | +0.043% | $34K | $49K | 10x | as long as short |
| Arcus NBIS-USDlong | +0.0040% | 1h | 230.99 | long leg | $42K | $131K | 5x | |
| QFEX NBIS-USDshort | +0.0041% | 1h | 231.16 | +0.074% | $1.5M | $3.7M | 10x | |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 231.04 | +0.022% | — | $223K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 231.12 | +0.056% | $137K | $473K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 231.12 | +0.056% | $83 | $20K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 230.94 | −0.022% | $150K | $542K | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0056% | 1h | 230.90 | −0.039% | $357K | $810K | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 230.92 | −0.030% | $475K | $32K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 231.18 | +0.082% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 231.15 | +0.069% | — | — | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0120% | 1h | 231.15 | +0.069% | $54.1M | $21.2M | 10x | as long as short |
| Nado NBIS-PERP | +0.0171% | 1h | 231.07 | +0.033% | $38K | $116K | 3x | as long as short |
| Lighter NBIS | +0.0256% | 1h | 231.13 | +0.061% | $939K | $4.1M | 10x | as long as short |
| Phoenix NBIS | +0.0312% | 1h | 231.11 | +0.052% | $7K | $125K | 10x | as long as short |
| Entropy io:NBIS | +0.0404% | 1h | 231.07 | +0.035% | $10.1M | $3.1M | 10x | as long as short |
| edgeX NBISUSDC | +0.0505% | 4h | 230.94 | −0.023% | $37K | $227K | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0540% | 1h | 231.14 | +0.067% | $23K | $15K | 20x | as long as short |
SunX NBIS-USDT
HTX NBIS-USDT
Phemex NBISUSDT
Deribit NBIS_USDC-PERPETUAL
Vest NBIS-USD-PERP
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
Ondo Perps NBIS-USD.P
Coinbase International NBIS-PERP-INTX
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
tradeXYZ xyz:NBIS
Nado NBIS-PERP
Lighter NBIS
Phoenix NBIS
Entropy io:NBIS
edgeX NBISUSDC
Kraken Futures PF_NBISUSD