Funding you earn now, next payment 02:00 UTC+0.0353%/8h= +38.6% APRpaid last 24h +0.141%
Price spread now: Entropy against HTX−0.115%7-day average +0.076% · you buy dearer than you sell
Net, funding: paid 7d − costs−$10as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$720.724% of the position
Funding, last 7 days+0.622%+$62 on $10k
+Price spread, last 3 days (all we have)+0.188%+$19 · spread now −0.115%, 7d avg +0.076%
=Funding pays, the price is against you. Entropy is 0.191% cheaper against HTX than usual: you would sell low and buy high (spread −0.115% now, against its 7-day average of +0.076%). If the spread goes back, that is −$19 on $10k: about 43 hours of funding at the current rate (+$11 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX NBIS-USDT | 233.78 | 0 | get 0.0000% / 8h | 6h 38m | $15K | $60K | 20x |
| Short | Entropy io:NBIS | 233.51 | 0.0353 | get 0.0044% / 1h | 38m 39s | $10.1M | $3.3M | 10x |
HTX NBIS-USDT
Entropy io:NBISFunding history
latest
Range statsloading…
Price spread between the two exchanges
Entropy against HTX. 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
- $74.1
- Price spread: −0.115% → +0.076%
- −$19.15
- Slippage, 4 orders
- −$42.45
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Entropy: 9 bp × 2 orders
- −$18
- Net
- −$17.5
- Costs to cover
- 0.724%
- Break-even
- 8.7 days
Slippage from HTX: live order book, 27 min ago; Entropy: live order book, 6 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 HTX live order book, 27 min ago | 2.33 bp | 12.4 bp −$12 | 26.7 bp −$267 | doesn't fit | doesn't fit |
| Sell Entropy live order book, 6 min ago | 1.71 bp | 24.5 bp −$25 | 44.5 bp −$445 | 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 | 233.38 | −0.171% | $5.1M | $6.3M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 233.33 | −0.192% | $3.4M | $16.5M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 233.36 | −0.180% | $2.8M | $5.0M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 233.35 | −0.184% | $2.4M | $4.5M | 20x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 233.40 | −0.163% | $1K | $1.7M | 10x | as long as short |
| HTX NBIS-USDTlong | 0.0000% | 8h | 233.78 | long leg | $15K | $60K | 20x | |
| Phemex NBISUSDT | 0.0000% | 8h | 233.42 | −0.154% | $1.6M | $971K | 10x | as long as short |
| QFEX NBIS-USD | +0.0024% | 1h | 233.31 | −0.201% | $1.5M | $4.7M | 10x | as long as short |
| GRVT NBIS_USDT_Perp | +0.0036% | 8h | 233.58 | −0.085% | $5K | $129K | 10x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 233.36 | −0.180% | $42K | $132K | 5x | as long as short |
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Bitget NBISUSDT
SunX NBIS-USDT
Phemex NBISUSDT
QFEX NBIS-USD
GRVT NBIS_USDT_Perp
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 | 233.43 | −0.150% | — | $226K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 233.29 | −0.210% | $148K | $468K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 233.35 | −0.184% | $98 | $20K | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.0050% | 1h | 233.26 | −0.222% | $35K | $48K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 233.31 | −0.201% | $163K | $499K | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0096% | 1h | 233.24 | −0.233% | $24K | $15K | 20x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 233.35 | −0.184% | $481K | $21K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 233.33 | −0.192% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 233.36 | −0.179% | — | — | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0112% | 1h | 236.05 | +0.971% | $386K | $721K | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0117% | 1h | 233.29 | −0.210% | $54.7M | $20.0M | 10x | as long as short |
| Nado NBIS-PERP | +0.0156% | 1h | 233.22 | −0.237% | $67K | $94K | 3x | as long as short |
| Aster NBISUSDT | +0.0218% | 8h | 233.59 | −0.083% | $81K | $314K | 50x | as long as short |
| Variational Omni NBIS | +0.0223% | 8h | 233.46 | −0.137% | $2.8M | $570K | — | as long as short |
| BloFin NBIS-USDT | +0.0234% | 8h | 234.04 | +0.111% | $207K | $209K | 20x | as long as short |
| Binance NBISUSDT | +0.0237% | 8h | 233.39 | −0.165% | $19.2M | $85.1M | 25x | as long as short |
| Extended NBIS-USD | +0.0240% | 1h | 233.30 | −0.207% | $150K | $705K | 10x | as long as short |
| Lighter NBIS | +0.0288% | 1h | 233.44 | −0.145% | $901K | $4.4M | 10x | as long as short |
| Phoenix NBIS | +0.0306% | 1h | 233.43 | −0.150% | $7K | $152K | 10x | as long as short |
| edgeX NBISUSDC | +0.0339% | 4h | 233.68 | −0.043% | $38K | $225K | 10x | as long as short |
| Entropy io:NBISshort | +0.0353% | 1h | 233.51 | −0.115% | $10.1M | $3.3M | 10x |
Vest NBIS-USD-PERP
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
Deribit NBIS_USDC-PERPETUAL
Ondo Perps NBIS-USD.P
Kraken Futures PF_NBISUSD
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
Coinbase International NBIS-PERP-INTX
tradeXYZ xyz:NBIS
Nado NBIS-PERP
Aster NBISUSDT
Variational Omni NBIS
BloFin NBIS-USDT
Binance NBISUSDT
Extended NBIS-USD
Lighter NBIS
Phoenix NBIS
edgeX NBISUSDC