NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h 0.000%

Price spread now: Polymarket Perps against Extended+0.041%7-day average +0.030% · you sell dearer than you buy

Net, funding: paid 7d − costs−$38as in the Funding arb table

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$370.367% of the position

Long on Extended Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.011%−$1 on $10k

Price spread, last 4 days (all we have)+0.036%+$4 · spread now +0.041%, 7d avg +0.030%

Together, before fees+0.026%+ Points / potential airdropExtended: Active · farm board+$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.030%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended NBIS-USD	230.34	0	get 0.0000% / 1h	24m 41s	$146K	$757K	10x
Short	Polymarket Perps NBIS-USD	230.43	0.0050	get 0.0006% / 1h	24m 41s	$137K	$473K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Extended. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ExtendedbpFee Polymarket PerpsbpOrdersPrice spread, now +0.041%Rate

Funding earned: $10.5
Price spread: +0.041% → +0.030%: $1.09
Slippage, 4 orders: −$23.67
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$25.09
Costs to cover: 0.367%
Break-even: 23.7 days

Slippage from Extended: live order book, 23 min ago; Polymarket Perps: live order book, 23 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 Extended live order book, 23 min ago	1.94 bp	11.8 bp −$12	141.4 bp −$1,414	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 23 min ago	1.73 bp	5.7 bp −$6	7.3 bp −$73	27.0 bp −$2,700	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	−0.0495%	8h	230.68	+0.149%	$2.3M	$4.6M	20x	as long as short
BloFin NBIS-USDT	−0.0029%	8h	230.52	+0.080%	$204K	$204K	20x	as long as short
Aster NBISUSDT	0.0000%	8h	230.44	+0.043%	$84K	$311K	50x	as long as short
Extended NBIS-USDlong	0.0000%	1h	230.34	long leg	$146K	$757K	10x
Binance NBISUSDT	0.0000%	8h	230.47	+0.058%	$18.4M	$86.7M	25x	as long as short
Bybit NBISUSDT	0.0000%	8h	230.52	+0.080%	$4.9M	$6.4M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	230.52	+0.080%	$3.3M	$16.1M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	230.44	+0.045%	$2.7M	$5.1M	50x	as long as short
Variational Omni NBIS	0.0000%	8h	230.38	+0.018%	$2.9M	$554K	—	as long as short
GRVT NBIS_USDT_Perp	0.0000%	8h	230.84	+0.218%	$5K	$118K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX NBIS-USDT	0.0000%	8h	230.70	+0.158%	$974	$1.6M	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	230.52	+0.080%	$15K	$61K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	230.54	+0.088%	$1.6M	$955K	10x	as long as short
Nado NBIS-PERP	+0.0013%	1h	230.19	−0.062%	$37K	$115K	3x	as long as short
QFEX NBIS-USD	+0.0029%	1h	230.48	+0.062%	$1.5M	$3.9M	10x	as long as short
Arcus NBIS-USD	+0.0040%	1h	230.35	+0.006%	$42K	$132K	5x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	230.26	−0.033%	—	$220K	5x	as long as short
Polymarket Perps NBIS-USDshort	+0.0050%	1h	230.43	+0.041%	$137K	$473K	10x
SoDEX NBIS-USD	+0.0050%	1h	230.36	+0.010%	$97	$20K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	230.65	+0.136%	$152K	$532K	10x	as long as short
tradeXYZ xyz:NBIS	+0.0063%	1h	230.34	+0.001%	$53.5M	$20.5M	10x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	230.33	−0.003%	$475K	$20K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	230.43	+0.041%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	230.39	+0.022%	—	—	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0168%	1h	230.62	+0.123%	$353K	$792K	10x	as long as short
Lighter NBIS	+0.0216%	1h	230.43	+0.041%	$928K	$4.0M	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0223%	1h	230.40	+0.026%	$23K	$15K	20x	as long as short
Phoenix NBIS	+0.0242%	1h	230.44	+0.045%	$7K	$150K	10x	as long as short
Entropy io:NBIS	+0.0292%	1h	230.43	+0.041%	$10.0M	$3.2M	10x	as long as short
edgeX NBISUSDC	+0.0361%	4h	230.33	−0.005%	$37K	$226K	10x	as long as short
Deribit NBIS_USDC-PERPETUAL	+0.0618%	1h	230.53	+0.084%	$34K	$49K	10x	as long as short