Funding you earn now, next payment 06:00 UTC−0.0474%/8h= −51.9% APRpaid last 24h −0.107%
Price spread now: Binance against Entropy−0.163%7-day average −0.011% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.500%−$50 on $10k
+Price spread, last 7 days+0.137%+$14 · spread now −0.163%, 7d avg −0.011%
=Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Binance is 0.152% cheaper against Entropy than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.011%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Entropy io:NBIS | 232.32 | 0.0474 | pay 0.0059% / 1h | 47m 17s | $10.1M | $3.2M | 10x |
| Short | Binance NBISUSDT | 231.94 | 0 | get 0.0000% / 8h | 2h 47m | $18.8M | $85.6M | 25x |
Entropy io:NBIS
Binance NBISUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Entropy. 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
- −$99.48
- Price spread: −0.163% → −0.011%
- −$15.16
- Slippage, 4 orders
- no order book: not counted
- Fee Entropy: 9 bp × 2 orders
- −$18
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$142.63
- Costs to cover
- 0.280%
- Break-even
- never at this rate
Slippage unknown: Entropy: live order book, 10 min ago; Binance: live order book, 10 min ago. Net counts fees only.
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 Entropy live order book, 10 min ago | 1.29 bp | 16.8 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 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 | −0.0081% | 8h | 232.07 | −0.108% | $2.3M | $4.5M | 20x | as long as short |
| Aster NBISUSDT | 0.0000% | 8h | 232.04 | −0.119% | $83K | $310K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 232.05 | −0.118% | $145K | $753K | 10x | as long as short |
| Binance NBISUSDTshort | 0.0000% | 8h | 231.94 | −0.163% | $18.8M | $85.6M | 25x | |
| Bybit NBISUSDT | 0.0000% | 8h | 232.03 | −0.125% | $4.9M | $6.4M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 231.95 | −0.159% | $3.3M | $16.0M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 232.20 | −0.052% | $2.7M | $5.0M | 50x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 232.77 | +0.196% | $2.9M | $555K | — | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 232.78 | +0.198% | $5K | $118K | 10x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 232.75 | +0.185% | $1K | $1.6M | 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_Perp
SunX NBIS-USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit NBIS_USDC-PERPETUAL | 0.0000% | 1h | 232.05 | −0.116% | $34K | $49K | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 232.96 | +0.275% | $15K | $60K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 232.05 | −0.116% | $1.6M | $956K | 10x | as long as short |
| BloFin NBIS-USDT | +0.0007% | 8h | 232.13 | −0.082% | $205K | $205K | 20x | as long as short |
| Nado NBIS-PERP | +0.0028% | 1h | 232.06 | −0.111% | $38K | $115K | 3x | as long as short |
| QFEX NBIS-USD | +0.0029% | 1h | 232.18 | −0.060% | $1.5M | $3.9M | 10x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 232.31 | −0.004% | $42K | $132K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 232.28 | −0.017% | — | $217K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 232.07 | −0.108% | $143K | $459K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 232.00 | −0.138% | $102 | $20K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 232.14 | −0.077% | $161K | $506K | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0070% | 1h | 232.00 | −0.138% | $54.1M | $20.2M | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 232.08 | −0.103% | $478K | $20K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 232.10 | −0.095% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 232.05 | −0.115% | — | — | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0168% | 1h | 232.30 | −0.009% | $361K | $771K | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0222% | 1h | 231.98 | −0.145% | $23K | $15K | 20x | as long as short |
| Phoenix NBIS | +0.0242% | 1h | 232.54 | +0.095% | $7K | $150K | 10x | as long as short |
| edgeX NBISUSDC | +0.0319% | 4h | 232.45 | +0.056% | $37K | $227K | 10x | as long as short |
| Lighter NBIS | +0.0328% | 1h | 232.00 | −0.138% | $928K | $3.9M | 10x | as long as short |
| Entropy io:NBISlong | +0.0474% | 1h | 232.32 | long leg | $10.1M | $3.2M | 10x |
Deribit NBIS_USDC-PERPETUAL
HTX NBIS-USDT
Phemex NBISUSDT
BloFin NBIS-USDT
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