Funding you earn now, next payment 00:00 UTC+0.0506%/8h= +55.4% APRpaid last 24h +0.066%
Price spread now: Entropy against Gate0.000%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$700.701% of the position
Funding, last 7 days+0.510%+$51 on $10k
+Price spread, last 7 days+0.030%+$3 · spread now 0.000%, 7d avg +0.008%
=The price spread sits at its 7-day average of +0.008%, so right now this pair is about funding alone: +$15 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate NBIS_USDT | 234.39 | 0 | get 0.0000% / 8h | 42m 09s | $2.8M | $5.3M | 50x |
| Short | Entropy io:NBIS | 234.39 | 0.0506 | get 0.0063% / 1h | 42m 09s | $10.2M | $3.4M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Entropy 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
- $106.19
- Price spread: 0.000% → +0.008%
- −$0.84
- Slippage, 4 orders
- −$37.13
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Entropy: 9 bp × 2 orders
- −$18
- Net
- $35.22
- Costs to cover
- 0.701%
- Break-even
- 4.7 days
Slippage from Gate: live order book, 1 min ago; Entropy: live order book, 5 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, 1 min ago | 2.77 bp | 21.1 bp −$21 | 31.9 bp −$319 | 58.6 bp −$5,863 | doesn't fit |
| Sell Entropy live order book, 5 min ago | 1.49 bp | 14.2 bp −$14 | doesn't fit | 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 | 234.37 | −0.009% | $5.2M | $6.5M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 234.37 | −0.009% | $3.4M | $17.0M | 25x | as long as short |
| Gate NBIS_USDTlong | 0.0000% | 8h | 234.39 | long leg | $2.8M | $5.3M | 50x | |
| Bitget NBISUSDT | 0.0000% | 8h | 234.37 | −0.009% | $2.5M | $4.8M | 20x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 234.40 | +0.004% | $909 | $1.8M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | 0.0000% | 1h | 234.29 | −0.043% | $35K | $48K | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | 0.0000% | 1h | 233.76 | −0.269% | $358K | $676K | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 234.46 | +0.030% | $15K | $115K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 234.40 | +0.004% | $1.6M | $968K | 10x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 234.54 | +0.064% | — | $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 | 234.41 | +0.009% | $147K | $706K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 234.40 | +0.004% | $23 | $20K | 10x | as long as short |
| QFEX NBIS-USD | +0.0051% | 1h | 234.38 | −0.004% | $1.5M | $5.1M | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 234.24 | −0.064% | $483K | $25K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 234.39 | 0.000% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 234.44 | +0.021% | — | — | 10x | as long as short |
| Variational Omni NBIS | +0.0202% | 8h | 234.45 | +0.026% | $2.9M | $821K | — | as long as short |
| Nado NBIS-PERP | +0.0209% | 1h | 234.33 | −0.025% | $28K | $63K | 3x | as long as short |
| BloFin NBIS-USDT | +0.0220% | 8h | 234.39 | 0.000% | $205K | $214K | 20x | as long as short |
| Aster NBISUSDT | +0.0225% | 8h | 234.32 | −0.030% | $79K | $306K | 50x | as long as short |
| Binance NBISUSDT | +0.0239% | 8h | 234.40 | +0.004% | $19.4M | $86.3M | 25x | as long as short |
| Extended NBIS-USD | +0.0240% | 1h | 234.32 | −0.030% | $142K | $697K | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0249% | 1h | 234.21 | −0.077% | $24K | $13K | 20x | as long as short |
| GRVT NBIS_USDT_Perp | +0.0255% | 8h | 234.42 | +0.013% | $5K | $140K | 10x | as long as short |
| Arcus NBIS-USD | +0.0269% | 1h | 234.38 | −0.004% | $44K | $134K | 5x | as long as short |
| tradeXYZ xyz:NBIS | +0.0276% | 1h | 234.42 | +0.013% | $54.7M | $23.3M | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0282% | 1h | 234.33 | −0.026% | $174K | $498K | 10x | as long as short |
| Lighter NBIS | +0.0360% | 1h | 234.52 | +0.055% | $931K | $4.6M | 10x | as long as short |
| Phoenix NBIS | +0.0376% | 1h | 234.65 | +0.111% | $7K | $163K | 10x | as long as short |
| edgeX NBISUSDC | +0.0502% | 4h | 234.37 | −0.008% | $38K | $236K | 10x | as long as short |
| Entropy io:NBISshort | +0.0506% | 1h | 234.39 | 0.000% | $10.2M | $3.4M | 10x |
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
BloFin NBIS-USDT
Aster NBISUSDT
Binance NBISUSDT
Extended NBIS-USD
Kraken Futures PF_NBISUSD
GRVT NBIS_USDT_Perp
tradeXYZ xyz:NBIS
Lighter NBIS
Phoenix NBIS
edgeX NBISUSDC