NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0218%/8h= −23.9% APRnext payment −$2.18 per $10,000 · paid last 24h −0.038%

Price spread now: SunX against Aster−0.076%7-day average +0.003% · you buy dearer than you sell

Net, funding: paid 7d − costs−$246as in the Funding arb table

Net, price: spread back to 7d avg − costs−$241as in the Price arb table

costs, in and out, $10k−$2332.328% of the position

Long on Aster Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.130%−$13 on $10k

Price spread, last 3 days (all we have)+0.029%+$3 · spread now −0.076%, 7d avg +0.003%

Together, before fees−0.101%+ Points / potential airdropAster: Stage 5 · farm board−$10 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and SunX is 0.080% cheaper against Aster than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.003%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.130% in total (about -6.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.18 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster NBISUSDT	233.54	0.0218	pay 0.0218% / 8h	6h 38m	$81K	$314K	50x
Short	SunX NBIS-USDT	233.36	0	get 0.0000% / 8h	6h 38m	$996	$1.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Aster. 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 AsterbpFee SunXbpOrdersPrice spread, now −0.076%Rate

Funding earned: −$45.77
Price spread: −0.076% → +0.003%: −$7.96
Slippage, 4 orders: −$216.84
Fee Aster: 4 bp × 2 orders: −$8
Fee SunX: 4 bp × 2 orders: −$8
Net: −$286.57
Costs to cover: 2.328%
Break-even: never at this rate

Slippage from Aster: live order book, 29 min ago; SunX: live order book, 7 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 Aster live order book, 29 min ago	9.54 bp	87.1 bp −$87	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 7 min ago	45.77 bp	64.7 bp −$65	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
Bybit NBISUSDT	0.0000%	8h	233.38	−0.068%	$5.1M	$6.3M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	233.34	−0.085%	$3.4M	$16.5M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	233.37	−0.072%	$2.8M	$5.0M	50x	as long as short
Bitget NBISUSDT	0.0000%	8h	233.36	−0.076%	$2.4M	$4.5M	20x	as long as short
SunX NBIS-USDTshort	0.0000%	8h	233.36	−0.076%	$996	$1.7M	10x
Deribit NBIS_USDC-PERPETUAL	0.0000%	1h	233.29	−0.106%	$35K	$48K	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	233.78	+0.103%	$15K	$60K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	233.41	−0.055%	$1.6M	$971K	10x	as long as short
QFEX NBIS-USD	+0.0024%	1h	233.31	−0.098%	$1.5M	$4.7M	10x	as long as short
GRVT NBIS_USDT_Perp	+0.0036%	8h	233.58	+0.018%	$5K	$129K	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-USD	+0.0040%	1h	233.36	−0.076%	$42K	$132K	5x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	233.40	−0.059%	—	$226K	5x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	233.28	−0.111%	$148K	$468K	10x	as long as short
SoDEX NBIS-USD	+0.0050%	1h	233.36	−0.076%	$93	$20K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	233.31	−0.098%	$163K	$499K	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0096%	1h	233.33	−0.091%	$24K	$15K	20x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	233.35	−0.081%	$481K	$21K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	233.37	−0.072%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	233.37	−0.071%	—	—	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0112%	1h	236.05	+1.075%	$386K	$721K	10x	as long as short
tradeXYZ xyz:NBIS	+0.0114%	1h	233.27	−0.115%	$54.6M	$20.0M	10x	as long as short
Nado NBIS-PERP	+0.0149%	1h	233.33	−0.087%	$67K	$94K	3x	as long as short
Aster NBISUSDTlong	+0.0218%	8h	233.54	long leg	$81K	$314K	50x
Variational Omni NBIS	+0.0223%	8h	233.46	−0.034%	$2.8M	$570K	—	as long as short
BloFin NBIS-USDT	+0.0234%	8h	234.04	+0.215%	$207K	$209K	20x	as long as short
Binance NBISUSDT	+0.0237%	8h	233.40	−0.061%	$19.2M	$85.1M	25x	as long as short
Extended NBIS-USD	+0.0240%	1h	233.31	−0.098%	$150K	$705K	10x	as long as short
Lighter NBIS	+0.0280%	1h	233.48	−0.025%	$902K	$4.4M	10x	as long as short
Phoenix NBIS	+0.0306%	1h	233.43	−0.046%	$7K	$152K	10x	as long as short
edgeX NBISUSDC	+0.0339%	4h	233.68	+0.061%	$38K	$225K	10x	as long as short
Entropy io:NBIS	+0.0353%	1h	233.51	−0.012%	$10.1M	$3.3M	10x	as long as short