Funding you earn now, next payment 08:00 UTC−0.0049%/8h= −5.3% APRnext payment −$0.49 per $10,000 · paid last 24h −0.018%
Price spread now: SunX against Bybit+0.055%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$174as in the Funding arb table
Net, price: spread back to 7d avg − costs−$152as in the Price arb table
costs, in and out, $10k−$1571.568% of the position
Funding, last 7 days−0.170%−$17 on $10k
+Price spread, last 3 days (all we have)−0.068%−$7 · spread now +0.055%, 7d avg +0.002%
=The price spread pays, funding is against you. SunX is 0.053% dearer against Bybit than usual: you sell high and buy low (spread +0.055% now, against its 7-day average of +0.002%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit NBISUSDT | 235.78 | 0.0049 | pay 0.0049% / 8h | 7h 22m | $5.1M | $6.5M | 50x |
| Short | SunX NBIS-USDT | 235.91 | 0 | get 0.0000% / 8h | 7h 22m | $1K | $1.7M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$10.22
- Price spread: +0.055% → +0.002%
- $5.28
- Slippage, 4 orders
- −$137.8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$161.74
- Costs to cover
- 1.568%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; SunX: 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 Bybit live order book, 5 min ago | 2.96 bp | 10.9 bp −$11 | 69.7 bp −$697 | doesn't fit | doesn't fit |
| Sell SunX live order book, 13 min ago | 44.83 bp | 63.8 bp −$64 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NBISUSD | −0.0178% | 1h | 235.58 | −0.083% | $24K | $15K | 20x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 235.73 | −0.021% | $3.4M | $16.8M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 235.66 | −0.051% | $2.8M | $5.1M | 50x | as long as short |
| SunX NBIS-USDTshort | 0.0000% | 8h | 235.91 | +0.055% | $1K | $1.7M | 10x | |
| Deribit NBIS_USDC-PERPETUAL | 0.0000% | 1h | 235.57 | −0.089% | $35K | $48K | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 235.58 | −0.085% | $15K | $112K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 235.70 | −0.034% | $1.6M | $973K | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0016% | 1h | 236.05 | +0.115% | $386K | $739K | 10x | as long as short |
| QFEX NBIS-USD | +0.0038% | 1h | 235.57 | −0.089% | $1.5M | $4.9M | 10x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 235.98 | +0.085% | — | $224K | 5x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit NBISUSDTlong | +0.0049% | 8h | 235.78 | long leg | $5.1M | $6.5M | 50x | |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 236.13 | +0.148% | $176K | $505K | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 235.48 | −0.127% | $486K | $23K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 235.58 | −0.085% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 235.60 | −0.075% | — | — | 10x | as long as short |
| Bitget NBISUSDT | +0.0108% | 8h | 235.75 | −0.013% | $2.5M | $4.6M | 20x | as long as short |
| SoDEX NBIS-USD | +0.0131% | 1h | 235.67 | −0.047% | $52 | $20K | 10x | as long as short |
| Nado NBIS-PERP | +0.0182% | 1h | 235.47 | −0.130% | $31K | $66K | 3x | as long as short |
| edgeX NBISUSDC | +0.0184% | 4h | 235.95 | +0.071% | $38K | $228K | 10x | as long as short |
| Variational Omni NBIS | +0.0240% | 8h | 236.09 | +0.132% | $2.9M | $820K | — | as long as short |
| Aster NBISUSDT | +0.0248% | 8h | 235.78 | 0.000% | $81K | $308K | 50x | as long as short |
| BloFin NBIS-USDT | +0.0255% | 8h | 235.72 | −0.025% | $207K | $211K | 20x | as long as short |
| Binance NBISUSDT | +0.0270% | 8h | 235.77 | −0.006% | $19.6M | $85.6M | 25x | as long as short |
| Extended NBIS-USD | +0.0272% | 1h | 235.65 | −0.056% | $151K | $806K | 10x | as long as short |
| Polymarket Perps NBIS-USD | +0.0311% | 1h | 235.66 | −0.051% | $134K | $444K | 10x | as long as short |
| Lighter NBIS | +0.0328% | 1h | 235.79 | +0.004% | $926K | $4.5M | 10x | as long as short |
| Arcus NBIS-USD | +0.0366% | 1h | 235.76 | −0.008% | $44K | $132K | 5x | as long as short |
| tradeXYZ xyz:NBIS | +0.0406% | 1h | 235.65 | −0.055% | $55.1M | $23.7M | 10x | as long as short |
| Phoenix NBIS | +0.0409% | 1h | 235.89 | +0.047% | $7K | $163K | 10x | as long as short |
| GRVT NBIS_USDT_Perp | +0.0446% | 8h | 236.00 | +0.093% | $5K | $132K | 10x | as long as short |
| Entropy io:NBIS | +0.0870% | 1h | 235.75 | −0.013% | $10.3M | $3.4M | 10x | as long as short |
Bybit NBISUSDT
SunX NBIS-USDT
Kraken Futures PF_NBISUSD
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Deribit NBIS_USDC-PERPETUAL
HTX NBIS-USDT
Phemex NBISUSDT
Coinbase International NBIS-PERP-INTX
KuCoin NBISUSDTM
Bitget NBISUSDT
SoDEX NBIS-USD
edgeX NBISUSDC
Variational Omni NBIS
Aster NBISUSDT
BloFin NBIS-USDT
Binance NBISUSDT
Extended NBIS-USD
Polymarket Perps NBIS-USD
Lighter NBIS
tradeXYZ xyz:NBIS
Phoenix NBIS
GRVT NBIS_USDT_Perp