NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0456%/8h= −49.9% APRnext payment −$4.56 per $10,000 · paid last 24h −0.029%

Price spread now: Bitget against Binance+0.061%7-day average −0.010% · you sell dearer than you buy

Net, funding: paid 7d − costs−$41as in the Funding arb table

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$450.447% of the position

Long on Binance Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.034%+$3 on $10k

Price spread, last 7 days−0.051%−$5 · spread now +0.061%, 7d avg −0.010%

Together, before fees−0.017%−$2 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.070% dearer against Binance than usual: you sell high and buy low (spread +0.061% now, against its 7-day average of −0.010%): +$7 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 12 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.034% in total (about 1.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.56 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	Binance NBISUSDT	231.30	0	get 0.0000% / 8h	36m 41s	$18.6M	$87.8M	25x
Short	Bitget NBISUSDT	231.44	−0.0456	pay 0.0456% / 8h	36m 41s	$2.3M	$4.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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 BinancebpFee BitgetbpOrdersPrice spread, now +0.061%Rate

Funding earned: −$95.76
Price spread: +0.061% → −0.010%: $7.03
Slippage, 4 orders: −$22.71
Fee Binance: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$133.44
Costs to cover: 0.447%
Break-even: never at this rate

Slippage from Binance: live order book, 6 min ago; Bitget: live order book, 1 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 Binance live order book, 6 min ago	0.22 bp	8.1 bp −$8	21.7 bp −$217	79.3 bp −$7,934	doesn't fit
Sell Bitget live order book, 1 min ago	1.94 bp	17.4 bp −$17	27.7 bp −$277	49.3 bp −$4,926	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 NBISUSDTshort	−0.0456%	8h	231.44	+0.061%	$2.3M	$4.6M	20x
Aster NBISUSDT	0.0000%	8h	231.22	−0.034%	$84K	$311K	50x	as long as short
Extended NBIS-USD	0.0000%	1h	231.36	+0.026%	$148K	$876K	10x	as long as short
Binance NBISUSDTlong	0.0000%	8h	231.30	long leg	$18.6M	$87.8M	25x
Bybit NBISUSDT	0.0000%	8h	231.27	−0.013%	$4.9M	$6.8M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	231.18	−0.052%	$3.3M	$16.1M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	231.31	+0.004%	$2.7M	$5.2M	50x	as long as short
Variational Omni NBIS	0.0000%	8h	231.45	+0.065%	$2.8M	$594K	—	as long as short
GRVT NBIS_USDT_Perp	0.0000%	8h	231.29	−0.004%	$4K	$116K	10x	as long as short
SunX NBIS-USDT	0.0000%	8h	231.35	+0.022%	$992	$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	−0.004%	$15K	$57K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	231.32	+0.009%	$1.6M	$968K	10x	as long as short
BloFin NBIS-USDT	+0.0008%	8h	231.36	+0.026%	$203K	$209K	20x	as long as short
Arcus NBIS-USD	+0.0040%	1h	231.13	−0.073%	$42K	$131K	5x	as long as short
QFEX NBIS-USD	+0.0041%	1h	231.25	−0.022%	$1.5M	$3.8M	10x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	231.09	−0.091%	—	$222K	5x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	231.13	−0.073%	$137K	$473K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	231.52	+0.095%	$151K	$544K	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0056%	1h	230.39	−0.393%	$353K	$814K	10x	as long as short
SoDEX NBIS-USD	+0.0085%	1h	231.25	−0.022%	$93	$20K	10x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	231.07	−0.099%	$476K	$20K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	231.20	−0.043%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	231.15	−0.063%	—	—	10x	as long as short
tradeXYZ xyz:NBIS	+0.0142%	1h	231.19	−0.048%	$54.3M	$21.1M	10x	as long as short
Nado NBIS-PERP	+0.0161%	1h	230.90	−0.172%	$38K	$116K	3x	as long as short
Phoenix NBIS	+0.0312%	1h	231.13	−0.073%	$7K	$125K	10x	as long as short
Lighter NBIS	+0.0368%	1h	231.30	0.000%	$932K	$4.0M	10x	as long as short
Entropy io:NBIS	+0.0428%	1h	231.15	−0.065%	$10.1M	$3.1M	10x	as long as short
edgeX NBISUSDC	+0.0453%	4h	231.23	−0.029%	$37K	$226K	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0540%	1h	231.13	−0.072%	$23K	$15K	20x	as long as short
Deribit NBIS_USDC-PERPETUAL	+0.1049%	1h	231.16	−0.061%	$34K	$49K	10x	as long as short