Funding you earn now, next payment 23:00 UTC+0.0038%/8h= +4.2% APRpaid last 24h −0.055%
Price spread now: QFEX against Gate−0.004%55s7-day average −0.065% · 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—prices read too far apart to compare
costs, in and out, $10k−$520.516% of the position
Funding, last 3 days (all we have)−0.003%$0 on $10k
+Price spread, last 7 days−0.076%−$8 · spread now −0.004%, 7d avg −0.065%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and QFEX is 0.061% dearer against Gate than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.065%. The two prices were read 55 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 | 233.97 | 0 | get 0.0000% / 8h | 1h 23m | $2.8M | $5.3M | 50x |
| Short | QFEX NBIS-USD | 233.96 | 0.0038 | get 0.0005% / 1h | 23m 36s | $1.5M | $5.1M | 10x |
Gate NBIS_USDT
QFEX NBIS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- $8
- Price spread: −0.004% → −0.065%
- $6.1
- Slippage, 4 orders
- −$26.64
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$37.55
- Costs to cover
- 0.516%
- Break-even
- 39.9 days
Slippage from Gate: live order book, 5 min ago; QFEX: 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, 5 min ago | 3.42 bp | 19.2 bp −$19 | 35.9 bp −$359 | 64.2 bp −$6,421 | doesn't fit |
| Sell QFEX live order book, 5 min ago | 1.92 bp | 7.7 bp −$8 | 11.0 bp −$110 | 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 | 233.95 | −0.009% | $5.2M | $6.5M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 233.94 | −0.013% | $3.4M | $17.0M | 25x | as long as short |
| Gate NBIS_USDTlong | 0.0000% | 8h | 233.97 | long leg | $2.8M | $5.3M | 50x | |
| Bitget NBISUSDT | 0.0000% | 8h | 233.98 | +0.004% | $2.5M | $4.8M | 20x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 234.08 | +0.047% | $1K | $1.8M | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 233.99 | +0.009% | $15K | $115K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 234.02 | +0.021% | $1.6M | $967K | 10x | as long as short |
| Variational Omni NBIS | +0.0016% | 8h | 233.98 | +0.005% | $2.8M | $825K | — | as long as short |
| QFEX NBIS-USDshort | +0.0038% | 1h | 233.96 | −0.004% | $1.5M | $5.1M | 10x | |
| Arcus NBIS-USD | +0.0040% | 1h | 233.95 | −0.009% | $44K | $133K | 5x | as long as short |
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Bitget NBISUSDT
SunX NBIS-USDT
HTX NBIS-USDT
Phemex NBISUSDT
Variational Omni NBIS
Arcus NBIS-USDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest NBIS-USD-PERP | +0.0046% | 1h | 234.06 | +0.038% | — | $234K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 234.02 | +0.021% | $148K | $657K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 233.97 | 0.000% | $14 | $20K | 10x | as long as short |
| GRVT NBIS_USDT_Perp | +0.0062% | 8h | 233.98 | +0.004% | $5K | $144K | 10x | as long as short |
| Extended NBIS-USD | +0.0064% | 1h | 233.96 | −0.003% | $142K | $697K | 10x | as long as short |
| Aster NBISUSDT | +0.0066% | 8h | 233.95 | −0.009% | $79K | $304K | 50x | as long as short |
| Binance NBISUSDT | +0.0070% | 8h | 234.01 | +0.016% | $19.4M | $86.9M | 25x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0072% | 1h | 232.99 | −0.419% | $356K | $697K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0078% | 1h | 233.92 | −0.021% | $174K | $499K | 10x | as long as short |
| BloFin NBIS-USDT | +0.0084% | 8h | 234.13 | +0.068% | $206K | $214K | 20x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.0092% | 1h | 233.97 | 0.000% | $35K | $47K | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 233.75 | −0.094% | $481K | $25K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 234.01 | +0.017% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 234.02 | +0.021% | — | — | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0189% | 1h | 233.96 | −0.004% | $54.6M | $23.5M | 10x | as long as short |
| Lighter NBIS | +0.0208% | 1h | 234.03 | +0.026% | $936K | $4.6M | 10x | as long as short |
| Nado NBIS-PERP | +0.0235% | 1h | 233.92 | −0.022% | $28K | $63K | 3x | as long as short |
| Entropy io:NBIS | +0.0303% | 1h | 233.95 | −0.009% | $10.2M | $3.3M | 10x | as long as short |
| Phoenix NBIS | +0.0343% | 1h | 234.01 | +0.017% | $7K | $185K | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0346% | 1h | 233.87 | −0.043% | $24K | $13K | 20x | as long as short |
| edgeX NBISUSDC | +0.0361% | 4h | 233.97 | −0.001% | $37K | $233K | 10x | as long as short |
Vest NBIS-USD-PERP
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
GRVT NBIS_USDT_Perp
Extended NBIS-USD
Aster NBISUSDT
Binance NBISUSDT
Coinbase International NBIS-PERP-INTX
Ondo Perps NBIS-USD.P
BloFin NBIS-USDT
Deribit NBIS_USDC-PERPETUAL
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
tradeXYZ xyz:NBIS
Lighter NBIS
Nado NBIS-PERP
Entropy io:NBIS
Phoenix NBIS
Kraken Futures PF_NBISUSD
edgeX NBISUSDC