Funding you earn now, next payment 09:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.029%
Price spread now: Arcus against Bybit+0.136%7-day average −0.016% · 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−$31as in the Price arb table
costs, in and out, $10k−$460.464% of the position
Funding, last 4 days (all we have)+0.087%+$9 on $10k
+Price spread, last 4 days (all we have)−0.383%−$38 · spread now +0.136%, 7d avg −0.016%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Arcus is 0.152% dearer against Bybit than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.016%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit NBISUSDT | 228.55 | 0 | get 0.0000% / 8h | 7h 37m | $4.8M | $6.7M | 50x |
| Short | Arcus NBIS-USD | 228.86 | 0.0040 | get 0.0005% / 1h | 37m 09s | $42K | $124K | 5x |
Bybit NBISUSDT
Arcus NBIS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Bybit. 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
- $8.46
- Price spread: +0.136% → −0.016%
- $15.18
- Slippage, 4 orders
- −$30.94
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$22.81
- Costs to cover
- 0.464%
- Break-even
- 25.9 days
Slippage from Bybit: live order book, 1 min ago; Arcus: live order book, 61 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 Bybit live order book, 1 min ago | 2.18 bp | 11.7 bp −$12 | 58.8 bp −$588 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 61 min ago | 5.19 bp | 9.6 bp −$10 | 15.8 bp −$158 | 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 | −0.0280% | 8h | 228.56 | +0.004% | $2.3M | $4.5M | 20x | as long as short |
| BloFin NBIS-USDT | −0.0016% | 8h | 228.98 | +0.188% | $201K | $212K | 20x | as long as short |
| Coinbase International NBIS-PERP-INTX | −0.0008% | 1h | 229.39 | +0.368% | $355K | $806K | 10x | as long as short |
| Aster NBISUSDT | 0.0000% | 8h | 228.62 | +0.032% | $80K | $313K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 228.75 | +0.087% | $146K | $877K | 10x | as long as short |
| Binance NBISUSDT | 0.0000% | 8h | 228.61 | +0.026% | $18.6M | $88.5M | 25x | as long as short |
| Bybit NBISUSDTlong | 0.0000% | 8h | 228.55 | long leg | $4.8M | $6.7M | 50x | |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 228.53 | −0.009% | $3.2M | $15.8M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 228.65 | +0.044% | $2.7M | $5.1M | 50x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 228.94 | +0.172% | $2.8M | $576K | — | as long as short |
Bitget NBISUSDT
BloFin NBIS-USDT
Coinbase International NBIS-PERP-INTX
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Variational Omni NBISShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 228.78 | +0.099% | $4K | $114K | 10x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 228.99 | +0.193% | $1K | $1.6M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | 0.0000% | 1h | 228.61 | +0.026% | $34K | $49K | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 228.61 | +0.026% | $15K | $58K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 228.52 | −0.013% | $1.5M | $971K | 10x | as long as short |
| Arcus NBIS-USDshort | +0.0040% | 1h | 228.86 | +0.136% | $42K | $124K | 5x | |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 228.57 | +0.009% | — | $224K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 228.70 | +0.066% | $136K | $466K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 228.62 | +0.031% | $69 | $20K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 228.53 | −0.009% | $148K | $538K | 10x | as long as short |
| Nado NBIS-PERP | +0.0059% | 1h | 228.64 | +0.039% | $38K | $116K | 3x | as long as short |
| QFEX NBIS-USD | +0.0064% | 1h | 228.83 | +0.123% | $1.5M | $3.7M | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0075% | 1h | 228.51 | −0.018% | $53.3M | $21.4M | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 228.68 | +0.057% | $470K | $57K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 228.84 | +0.127% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 228.65 | +0.046% | — | — | 10x | as long as short |
| Lighter NBIS | +0.0136% | 1h | 228.59 | +0.018% | $915K | $4.0M | 10x | as long as short |
| Phoenix NBIS | +0.0277% | 1h | 229.09 | +0.236% | $7K | $125K | 10x | as long as short |
| Entropy io:NBIS | +0.0307% | 1h | 228.85 | +0.131% | $10.0M | $3.1M | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0682% | 1h | 228.78 | +0.100% | $22K | $16K | 20x | as long as short |
| edgeX NBISUSDC | +0.0808% | 4h | 228.81 | +0.113% | $37K | $227K | 10x | as long as short |
GRVT NBIS_USDT_Perp
SunX NBIS-USDT
Deribit NBIS_USDC-PERPETUAL
HTX NBIS-USDT
Phemex NBISUSDT
Vest NBIS-USD-PERP
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
Ondo Perps NBIS-USD.P
Nado NBIS-PERP
QFEX NBIS-USD
tradeXYZ xyz:NBIS
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
Lighter NBIS
Phoenix NBIS
Entropy io:NBIS
Kraken Futures PF_NBISUSD
edgeX NBISUSDC