NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0221%/8h= −24.2% APRnext payment −$2.21 per $10,000 · paid last 24h −0.035%

Price spread now: Bitget against Gate+0.083%7-day average −0.013% · you sell dearer than you buy

Net, funding: paid 7d − costs−$67as in the Funding arb table

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$670.672% of the position

Long on Gate Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.004%$0 on $10k

Price spread, last 7 days−0.083%−$8 · spread now +0.083%, 7d avg −0.013%

Together, before fees−0.079%−$8 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.096% dearer against Gate than usual: you sell high and buy low (spread +0.083% now, against its 7-day average of −0.013%): +$10 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 35 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.004% in total (about 0.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.21 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate NBIS_USDT	228.41	0	get 0.0000% / 8h	7h 23m	$2.7M	$5.2M	50x
Short	Bitget NBISUSDT	228.60	−0.0221	pay 0.0221% / 8h	7h 23m	$2.3M	$4.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Gate. 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 GatebpFee BitgetbpOrdersPrice spread, now +0.083%Rate

Funding earned: −$46.41
Price spread: +0.083% → −0.013%: $9.63
Slippage, 4 orders: −$40.24
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$104.01
Costs to cover: 0.672%
Break-even: never at this rate

Slippage from Gate: live order book, 4 min ago; Bitget: live order book, 4 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	4.62 bp	16.9 bp −$17	30.8 bp −$308	58.3 bp −$5,830	doesn't fit
Sell Bitget live order book, 4 min ago	1.54 bp	13.5 bp −$14	30.1 bp −$301	54.2 bp −$5,424	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 NBISUSDTshort	−0.0221%	8h	228.60	+0.083%	$2.3M	$4.6M	20x
BloFin NBIS-USDT	−0.0023%	8h	227.57	−0.368%	$201K	$212K	20x	as long as short
Coinbase International NBIS-PERP-INTX	−0.0008%	1h	226.87	−0.674%	$352K	$801K	10x	as long as short
Aster NBISUSDT	0.0000%	8h	228.03	−0.165%	$73K	$320K	50x	as long as short
Extended NBIS-USD	0.0000%	1h	228.44	+0.012%	$143K	$859K	10x	as long as short
Binance NBISUSDT	0.0000%	8h	228.56	+0.066%	$18.3M	$89.5M	25x	as long as short
Bybit NBISUSDT	0.0000%	8h	228.59	+0.079%	$4.8M	$6.7M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	228.64	+0.101%	$3.2M	$16.1M	25x	as long as short
Gate NBIS_USDTlong	0.0000%	8h	228.41	long leg	$2.7M	$5.2M	50x
Variational Omni NBIS	0.0000%	8h	227.33	−0.475%	$2.8M	$598K	—	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT NBIS_USDT_Perp	0.0000%	8h	227.44	−0.423%	$4K	$113K	10x	as long as short
SunX NBIS-USDT	0.0000%	8h	228.29	−0.053%	$982	$1.6M	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	227.64	−0.337%	$13K	$62K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	228.45	+0.018%	$1.5M	$971K	10x	as long as short
Arcus NBIS-USD	+0.0040%	1h	227.94	−0.206%	$41K	$124K	5x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	227.76	−0.285%	—	$246K	5x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	228.00	−0.180%	$135K	$466K	10x	as long as short
SoDEX NBIS-USD	+0.0050%	1h	227.93	−0.210%	$68	$20K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	227.57	−0.368%	$146K	$530K	10x	as long as short
Nado NBIS-PERP	+0.0064%	1h	228.03	−0.167%	$38K	$116K	3x	as long as short
QFEX NBIS-USD	+0.0064%	1h	228.14	−0.118%	$1.5M	$3.7M	10x	as long as short
tradeXYZ xyz:NBIS	+0.0090%	1h	228.42	+0.004%	$53.2M	$21.5M	10x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	228.04	−0.162%	$469K	$71K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	227.95	−0.201%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	227.95	−0.202%	—	—	10x	as long as short
Lighter NBIS	+0.0112%	1h	228.33	−0.035%	$908K	$4.1M	10x	as long as short
Phoenix NBIS	+0.0277%	1h	227.02	−0.609%	$7K	$125K	10x	as long as short
Entropy io:NBIS	+0.0299%	1h	227.59	−0.359%	$9.9M	$3.1M	10x	as long as short
Deribit NBIS_USDC-PERPETUAL	+0.0320%	1h	228.33	−0.035%	$34K	$49K	10x	as long as short
edgeX NBISUSDC	+0.0591%	4h	227.46	−0.414%	$37K	$226K	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0684%	1h	228.22	−0.084%	$22K	$16K	20x	as long as short