Funding you earn now, next payment 00:00 UTC+0.0269%/8h= +29.4% APRpaid last 24h −0.040%
Price spread now: Arcus against Gate−0.009%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$530.528% of the position
Funding, last 3 days (all we have)+0.136%+$14 on $10k
+Price spread, last 4 days (all we have)−0.040%−$4 · spread now −0.009%, 7d avg −0.040%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Arcus is 0.031% dearer against Gate than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.040%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate NBIS_USDT | 234.36 | 0 | get 0.0000% / 8h | 44m 27s | $2.8M | $5.3M | 50x |
| Short | Arcus NBIS-USD | 234.34 | 0.0269 | get 0.0034% / 1h | 44m 27s | $44K | $134K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Gate. 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
- $56.46
- Price spread: −0.009% → −0.040%
- $3.11
- Slippage, 4 orders
- −$33.3
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- $6.78
- Costs to cover
- 0.528%
- Break-even
- 6.2 days
Slippage from Gate: live order book, 4 min ago; Arcus: live order book, 33 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 Gate live order book, 4 min ago | 3.20 bp | 20.4 bp −$20 | 36.3 bp −$363 | 62.1 bp −$6,208 | doesn't fit |
| Sell Arcus live order book, 33 min ago | 4.06 bp | 8.4 bp −$8 | 12.3 bp −$123 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit NBISUSDT | 0.0000% | 8h | 234.42 | +0.026% | $5.2M | $6.5M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 234.39 | +0.013% | $3.4M | $17.0M | 25x | as long as short |
| Gate NBIS_USDTlong | 0.0000% | 8h | 234.36 | long leg | $2.8M | $5.3M | 50x | |
| Bitget NBISUSDT | 0.0000% | 8h | 234.32 | −0.017% | $2.5M | $4.8M | 20x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 234.34 | −0.009% | $874 | $1.8M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | 0.0000% | 1h | 234.29 | −0.030% | $35K | $48K | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | 0.0000% | 1h | 233.76 | −0.256% | $358K | $699K | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 234.37 | +0.004% | $15K | $115K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 234.39 | +0.013% | $1.6M | $967K | 10x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 234.53 | +0.073% | — | $234K | 5x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 234.40 | +0.017% | $147K | $706K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 234.37 | +0.004% | $33 | $20K | 10x | as long as short |
| QFEX NBIS-USD | +0.0051% | 1h | 234.32 | −0.017% | $1.5M | $5.1M | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 234.23 | −0.055% | $483K | $25K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 234.42 | +0.026% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 234.43 | +0.031% | — | — | 10x | as long as short |
| Variational Omni NBIS | +0.0202% | 8h | 234.45 | +0.039% | $2.9M | $821K | — | as long as short |
| Nado NBIS-PERP | +0.0222% | 1h | 234.30 | −0.027% | $28K | $63K | 3x | as long as short |
| Aster NBISUSDT | +0.0227% | 8h | 234.32 | −0.017% | $79K | $306K | 50x | as long as short |
| BloFin NBIS-USDT | +0.0234% | 8h | 234.48 | +0.051% | $206K | $214K | 20x | as long as short |
| Extended NBIS-USD | +0.0240% | 1h | 234.32 | −0.018% | $142K | $697K | 10x | as long as short |
| Binance NBISUSDT | +0.0240% | 8h | 234.40 | +0.016% | $19.4M | $86.3M | 25x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0249% | 1h | 234.20 | −0.067% | $24K | $13K | 20x | as long as short |
| GRVT NBIS_USDT_Perp | +0.0261% | 8h | 234.41 | +0.021% | $5K | $139K | 10x | as long as short |
| Arcus NBIS-USDshort | +0.0269% | 1h | 234.34 | −0.009% | $44K | $134K | 5x | |
| tradeXYZ xyz:NBIS | +0.0290% | 1h | 234.43 | +0.030% | $54.7M | $23.3M | 10x | as long as short |
| edgeX NBISUSDC | +0.0320% | 4h | 234.32 | −0.018% | $38K | $235K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0332% | 1h | 234.33 | −0.013% | $174K | $498K | 10x | as long as short |
| Lighter NBIS | +0.0360% | 1h | 234.50 | +0.060% | $931K | $4.6M | 10x | as long as short |
| Phoenix NBIS | +0.0376% | 1h | 234.42 | +0.026% | $7K | $163K | 10x | as long as short |
| Entropy io:NBIS | +0.0501% | 1h | 234.40 | +0.017% | $10.2M | $3.3M | 10x | as long as short |
Gate NBIS_USDT
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Bitget NBISUSDT
SunX NBIS-USDT
Deribit NBIS_USDC-PERPETUAL
Coinbase International NBIS-PERP-INTX
HTX NBIS-USDT
Phemex NBISUSDT
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
KuCoin NBISUSDTM
Variational Omni NBIS
Aster NBISUSDT
BloFin NBIS-USDT
Extended NBIS-USD
Binance NBISUSDT
Kraken Futures PF_NBISUSD
GRVT NBIS_USDT_Perp
tradeXYZ xyz:NBIS
edgeX NBISUSDC
Lighter NBIS
Phoenix NBIS