NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0038%/8h= +4.1% APRnext payment +$0.05 per $10,000 · paid last 24h +0.042%

Price spread now: tradeXYZ against Arcus+0.064%7-day average +0.015% · 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−$34as in the Price arb table

costs, in and out, $10k−$390.391% of the position

Long on Arcus Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.042%−$4 on $10k

Price spread, last 4 days (all we have)+0.132%+$13 · spread now +0.064%, 7d avg +0.015%

Together, before fees+0.090%+ Points / potential airdroptradeXYZ: Active · farm board+$9 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and tradeXYZ is 0.049% dearer against Arcus than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.015%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus NBIS-USD	234.41	0.0040	pay 0.0005% / 1h	21m 52s	$42K	$132K	5x
Short	tradeXYZ xyz:NBIS	234.56	0.0078	get 0.0010% / 1h	21m 52s	$55.0M	$19.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now +0.064%Rate

Funding earned: $7.95
Price spread: +0.064% → +0.015%: $4.86
Slippage, 4 orders: −$16.6
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$26.3
Costs to cover: 0.391%
Break-even: 30.2 days

Slippage from Arcus: live order book, 41 min ago; tradeXYZ: 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, 41 min ago	4.70 bp	7.5 bp −$8	17.0 bp −$170	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 6 min ago	0.85 bp	11.3 bp −$11	16.3 bp −$163	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
Bybit NBISUSDT	0.0000%	8h	234.74	+0.141%	$5.1M	$6.2M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	234.62	+0.090%	$3.4M	$16.2M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	234.67	+0.111%	$2.8M	$5.0M	50x	as long as short
Bitget NBISUSDT	0.0000%	8h	234.65	+0.102%	$2.4M	$4.4M	20x	as long as short
GRVT NBIS_USDT_Perp	0.0000%	8h	234.49	+0.032%	$4K	$127K	10x	as long as short
SunX NBIS-USDT	0.0000%	8h	234.61	+0.085%	$1K	$1.7M	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	234.54	+0.055%	$15K	$60K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	234.67	+0.111%	$1.6M	$961K	10x	as long as short
Nado NBIS-PERP	+0.0006%	1h	234.36	−0.021%	$65K	$98K	3x	as long as short
QFEX NBIS-USD	+0.0023%	1h	234.62	+0.090%	$1.5M	$4.3M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus NBIS-USDlong	+0.0040%	1h	234.41	long leg	$42K	$132K	5x
Vest NBIS-USD-PERP	+0.0046%	1h	234.76	+0.149%	—	$215K	5x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	234.51	+0.043%	$149K	$453K	10x	as long as short
SoDEX NBIS-USD	+0.0050%	1h	234.58	+0.073%	$38	$21K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	234.46	+0.021%	$164K	$498K	10x	as long as short
tradeXYZ xyz:NBISshort	+0.0078%	1h	234.56	+0.064%	$55.0M	$19.6M	10x
Variational Omni NBIS	+0.0091%	8h	234.48	+0.029%	$2.9M	$568K	—	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	234.38	−0.013%	$483K	$21K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	234.61	+0.085%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	234.60	+0.082%	—	—	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0104%	1h	233.53	−0.375%	$382K	$712K	10x	as long as short
Aster NBISUSDT	+0.0122%	8h	234.68	+0.116%	$81K	$307K	50x	as long as short
BloFin NBIS-USDT	+0.0127%	8h	234.60	+0.081%	$207K	$204K	20x	as long as short
Extended NBIS-USD	+0.0128%	1h	234.63	+0.093%	$146K	$702K	10x	as long as short
Binance NBISUSDT	+0.0131%	8h	234.69	+0.119%	$19.2M	$84.5M	25x	as long as short
Kraken Futures PF_NBISUSD	+0.0152%	1h	234.54	+0.057%	$23K	$15K	20x	as long as short
Lighter NBIS	+0.0264%	1h	234.57	+0.068%	$902K	$4.3M	10x	as long as short
Phoenix NBIS	+0.0308%	1h	234.38	−0.013%	$7K	$150K	10x	as long as short
Deribit NBIS_USDC-PERPETUAL	+0.0433%	1h	234.49	+0.034%	$35K	$48K	10x	as long as short
Entropy io:NBIS	+0.0496%	1h	234.49	+0.034%	$10.2M	$3.3M	10x	as long as short
edgeX NBISUSDC	+0.0972%	4h	234.37	−0.018%	$38K	$226K	10x	as long as short