Funding you earn now, next payment 04:00 UTC−0.0894%/8h= −97.9% APRpaid last 24h −0.157%
Price spread now: SunX against edgeX−0.033%74s7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$247as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1641.638% of the position
Funding, last 7 days−0.829%−$83 on $10k
+Price spread, last 3 days (all we have)+0.005%$0 · spread now −0.033%, 7d avg +0.007%
=Together, before fees−0.824%+ Points / potential airdropedgeX: Active · farm board−$82 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$27 a day on $10k at the current rate, and SunX is 0.040% cheaper against edgeX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.007%). Swap the legs. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX NBISUSDC | 234.14 | 0.0894 | pay 0.0447% / 4h | 1h 47m | $38K | $226K | 10x |
| Short | SunX NBIS-USDT | 234.06 | 0 | get 0.0000% / 8h | 5h 47m | $903 | $1.7M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against edgeX. 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
- −$187.77
- Price spread: −0.033% → +0.007%
- −$3.98
- Slippage, 4 orders
- −$146.84
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$355.59
- Costs to cover
- 1.638%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 14 min ago; SunX: live order book, 8 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 edgeX live order book, 14 min ago | 6.20 bp | 14.9 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 8 min ago | 45.05 bp | 64.0 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
NBIS on 30 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado NBIS-PERP | −0.0014% | 1h | 233.93 | −0.087% | $67K | $95K | 3x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 234.04 | −0.042% | $5.0M | $6.2M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 233.98 | −0.067% | $3.4M | $16.2M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 234.08 | −0.025% | $2.8M | $5.0M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 234.02 | −0.050% | $2.4M | $4.4M | 20x | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 234.25 | +0.050% | $5K | $127K | 10x | as long as short |
| SunX NBIS-USDTshort | 0.0000% | 8h | 234.06 | −0.033% | $903 | $1.7M | 10x | |
| HTX NBIS-USDT | 0.0000% | 8h | 234.19 | +0.022% | $15K | $60K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 234.00 | −0.059% | $1.6M | $966K | 10x | as long as short |
| QFEX NBIS-USD | +0.0023% | 1h | 233.99 | −0.063% | $1.5M | $4.4M | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus NBIS-USD | +0.0040% | 1h | 233.96 | −0.076% | $42K | $132K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 234.20 | +0.027% | — | $215K | 5x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.0049% | 1h | 233.92 | −0.093% | $35K | $48K | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0050% | 1h | 233.95 | −0.080% | $54.6M | $19.7M | 10x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 233.95 | −0.080% | $149K | $453K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 234.00 | −0.059% | $28 | $20K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 234.09 | −0.020% | $163K | $499K | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 233.96 | −0.076% | $482K | $21K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 233.96 | −0.076% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 233.94 | −0.086% | — | — | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0104% | 1h | 233.53 | −0.259% | $382K | $712K | 10x | as long as short |
| Variational Omni NBIS | +0.0121% | 8h | 234.14 | +0.001% | $2.8M | $569K | — | as long as short |
| Aster NBISUSDT | +0.0137% | 8h | 234.23 | +0.040% | $81K | $307K | 50x | as long as short |
| Extended NBIS-USD | +0.0144% | 1h | 233.95 | −0.080% | $147K | $698K | 10x | as long as short |
| Binance NBISUSDT | +0.0148% | 8h | 234.00 | −0.057% | $19.1M | $84.6M | 25x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0152% | 1h | 233.96 | −0.077% | $23K | $15K | 20x | as long as short |
| Lighter NBIS | +0.0232% | 1h | 234.02 | −0.050% | $903K | $4.3M | 10x | as long as short |
| Phoenix NBIS | +0.0308% | 1h | 234.23 | +0.040% | $7K | $150K | 10x | as long as short |
| Entropy io:NBIS | +0.0417% | 1h | 234.04 | −0.042% | $10.2M | $3.3M | 10x | as long as short |
| edgeX NBISUSDClong | +0.0894% | 4h | 234.14 | long leg | $38K | $226K | 10x |
edgeX NBISUSDC
SunX NBIS-USDT
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Bitget NBISUSDT
GRVT NBIS_USDT_Perp
HTX NBIS-USDT
Phemex NBISUSDT
Deribit NBIS_USDC-PERPETUAL
tradeXYZ xyz:NBIS
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
KuCoin NBISUSDTM
Coinbase International NBIS-PERP-INTX
Variational Omni NBIS
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
Kraken Futures PF_NBISUSD
Lighter NBIS
Phoenix NBIS