Funding you earn now, next payment 08:00 UTC+0.0025%/8h= +2.7% APRnext payment +$0.25 per $10,000 · paid last 24h +0.001%
Price spread now: Binance against BloFin+0.047%7-day average −0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$360.357% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 4 days (all we have)−0.130%−$13 · spread now +0.047%, 7d avg −0.042%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.089% dearer against BloFin than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.042%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin NBIS-USDT | 232.13 | −0.0025 | get 0.0025% / 8h | 2h 44m | $205K | $205K | 20x |
| Short | Binance NBISUSDT | 232.24 | 0 | get 0.0000% / 8h | 2h 44m | $18.8M | $85.6M | 25x |
BloFin NBIS-USDT
Binance NBISUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- $5.19
- Price spread: +0.047% → −0.042%
- $8.92
- Slippage, 4 orders
- −$13.7
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$21.59
- Costs to cover
- 0.357%
- Break-even
- 36.1 days
Slippage from BloFin: live order book, 36 min ago; Binance: live order book, 13 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 BloFin live order book, 36 min ago | 0.21 bp | 10.1 bp −$10 | 13.8 bp −$138 | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 0.22 bp | 9.7 bp −$10 | 32.6 bp −$326 | 100.9 bp −$10.1K | 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 | −0.0110% | 8h | 232.21 | +0.034% | $2.3M | $4.5M | 20x | as long as short |
| BloFin NBIS-USDTlong | −0.0025% | 8h | 232.13 | long leg | $205K | $205K | 20x | |
| Aster NBISUSDT | 0.0000% | 8h | 232.32 | +0.081% | $83K | $310K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 232.18 | +0.021% | $145K | $753K | 10x | as long as short |
| Binance NBISUSDTshort | 0.0000% | 8h | 232.24 | +0.047% | $18.8M | $85.6M | 25x | |
| Bybit NBISUSDT | 0.0000% | 8h | 232.30 | +0.073% | $4.9M | $6.4M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 232.25 | +0.052% | $3.3M | $16.0M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 232.25 | +0.052% | $2.7M | $5.0M | 50x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 232.03 | −0.043% | $2.9M | $555K | — | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 232.07 | −0.027% | $5K | $118K | 10x | as long as short |
Bitget NBISUSDT
Aster NBISUSDT
Extended NBIS-USD
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 | 232.32 | +0.082% | $1K | $1.6M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | 0.0000% | 1h | 232.14 | +0.004% | $34K | $49K | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 232.08 | −0.022% | $15K | $60K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 232.14 | +0.004% | $1.6M | $956K | 10x | as long as short |
| Nado NBIS-PERP | +0.0024% | 1h | 232.07 | −0.027% | $38K | $115K | 3x | as long as short |
| QFEX NBIS-USD | +0.0029% | 1h | 232.29 | +0.069% | $1.5M | $3.9M | 10x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 232.11 | −0.009% | $42K | $132K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 232.23 | +0.043% | — | $217K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 232.24 | +0.047% | $143K | $459K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 232.08 | −0.022% | $93 | $20K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 232.20 | +0.030% | $160K | $506K | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0069% | 1h | 232.13 | 0.000% | $54.1M | $20.2M | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 232.23 | +0.043% | $478K | $20K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 232.19 | +0.026% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 232.13 | −0.001% | — | — | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0168% | 1h | 232.30 | +0.073% | $361K | $771K | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0222% | 1h | 232.09 | −0.018% | $23K | $15K | 20x | as long as short |
| Phoenix NBIS | +0.0242% | 1h | 232.54 | +0.177% | $7K | $150K | 10x | as long as short |
| edgeX NBISUSDC | +0.0276% | 4h | 232.05 | −0.035% | $37K | $227K | 10x | as long as short |
| Lighter NBIS | +0.0304% | 1h | 232.23 | +0.043% | $929K | $3.9M | 10x | as long as short |
| Entropy io:NBIS | +0.0433% | 1h | 232.28 | +0.065% | $10.1M | $3.2M | 10x | as long as short |
SunX NBIS-USDT
Deribit NBIS_USDC-PERPETUAL
HTX NBIS-USDT
Phemex NBISUSDT
Nado NBIS-PERP
QFEX NBIS-USD
Arcus NBIS-USD
Vest NBIS-USD-PERP
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
Ondo Perps NBIS-USD.P
tradeXYZ xyz:NBIS
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
Coinbase International NBIS-PERP-INTX
Kraken Futures PF_NBISUSD
Phoenix NBIS
edgeX NBISUSDC
Lighter NBIS
Entropy io:NBIS