Funding you earn now, next payment 08:00 UTC+0.0026%/8h= +2.8% APRnext payment +$0.26 per $10,000 · paid last 24h −0.030%
Price spread now: BloFin against Gate+0.109%63s7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$57as 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−$550.552% of the position
Funding, last 7 days−0.013%−$1 on $10k
+Price spread, last 4 days (all we have)−0.164%−$16 · spread now +0.109%, 7d avg −0.010%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.118% dearer against Gate than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.010%. The two prices were read 63 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 | Gate NBIS_USDT | 230.37 | 0 | get 0.0000% / 8h | 2h 26m | $2.7M | $5.1M | 50x |
| Short | BloFin NBIS-USDT | 230.62 | 0.0026 | get 0.0026% / 8h | 2h 26m | $205K | $204K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $5.42
- Price spread: +0.109% → −0.010%
- $11.84
- Slippage, 4 orders
- −$28.19
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$37.94
- Costs to cover
- 0.552%
- Break-even
- 56.0 days
Slippage from Gate: live order book, 2 min ago; BloFin: live order book, 55 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, 2 min ago | 3.47 bp | 12.9 bp −$13 | 26.7 bp −$267 | 57.9 bp −$5,792 | doesn't fit |
| Sell BloFin live order book, 55 min ago | 0.21 bp | 8.2 bp −$8 | 16.7 bp −$167 | 49.5 bp −$4,949 | 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 | −0.0460% | 8h | 230.40 | +0.013% | $2.3M | $4.6M | 20x | as long as short |
| Aster NBISUSDT | 0.0000% | 8h | 230.33 | −0.019% | $84K | $311K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 230.32 | −0.024% | $146K | $757K | 10x | as long as short |
| Binance NBISUSDT | 0.0000% | 8h | 230.39 | +0.007% | $18.4M | $86.6M | 25x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 230.27 | −0.043% | $4.9M | $6.4M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 230.32 | −0.022% | $3.3M | $16.0M | 25x | as long as short |
| Gate NBIS_USDTlong | 0.0000% | 8h | 230.37 | long leg | $2.7M | $5.1M | 50x | |
| Variational Omni NBIS | 0.0000% | 8h | 230.38 | +0.003% | $2.9M | $554K | — | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 230.84 | +0.203% | $5K | $118K | 10x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 230.40 | +0.013% | $823 | $1.6M | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX NBIS-USDT | 0.0000% | 8h | 230.52 | +0.065% | $15K | $61K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 230.38 | +0.004% | $1.6M | $955K | 10x | as long as short |
| Nado NBIS-PERP | +0.0009% | 1h | 230.12 | −0.109% | $37K | $115K | 3x | as long as short |
| BloFin NBIS-USDTshort | +0.0026% | 8h | 230.62 | +0.109% | $205K | $204K | 20x | |
| QFEX NBIS-USD | +0.0029% | 1h | 230.25 | −0.052% | $1.5M | $3.9M | 10x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 230.42 | +0.022% | $42K | $132K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 230.17 | −0.087% | — | $220K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 230.19 | −0.078% | $137K | $473K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 230.28 | −0.039% | $97 | $20K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 230.21 | −0.069% | $152K | $531K | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0060% | 1h | 230.20 | −0.074% | $53.5M | $20.5M | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 230.21 | −0.069% | $474K | $20K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 230.28 | −0.039% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 230.27 | −0.045% | — | — | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0168% | 1h | 230.62 | +0.109% | $353K | $792K | 10x | as long as short |
| Lighter NBIS | +0.0216% | 1h | 230.28 | −0.039% | $916K | $4.0M | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0224% | 1h | 230.27 | −0.042% | $23K | $15K | 20x | as long as short |
| Phoenix NBIS | +0.0242% | 1h | 231.01 | +0.278% | $7K | $150K | 10x | as long as short |
| Entropy io:NBIS | +0.0292% | 1h | 230.43 | +0.026% | $10.0M | $3.2M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.0489% | 1h | 230.30 | −0.030% | $34K | $49K | 10x | as long as short |
| edgeX NBISUSDC | +0.0884% | 4h | 230.81 | +0.192% | $37K | $225K | 10x | as long as short |
Gate NBIS_USDT
BloFin NBIS-USDT
Bitget NBISUSDT
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Variational Omni NBIS
GRVT NBIS_USDT_Perp
SunX NBIS-USDT
HTX NBIS-USDT
Phemex NBISUSDT
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
tradeXYZ xyz:NBIS
KuCoin NBISUSDTM
Coinbase International NBIS-PERP-INTX
Lighter NBIS
Kraken Futures PF_NBISUSD
Phoenix NBIS
Deribit NBIS_USDC-PERPETUAL
edgeX NBISUSDC