Settings8H · net · $10k
Funding arb · Price arb /

NBIS

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against HTX−0.267%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$136as in the Funding arb table
Net, price: spread back to 7d avg − costs−$159as in the Price arb table
costs, in and out, $10k−$1331.335% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.027%−$3 on $10k
Price spread, last 3 days (all we have)+0.272%+$27 · spread now −0.267%, 7d avg −0.008%
Together, before fees+0.245%+$25 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.260% cheaper against HTX than usual: you would sell low and buy high, −$26 on $10k if it goes back to its 7-day average of −0.008%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX NBIS-USDT235.610get 0.0000% / 8h6h 57m$15K$66K20x
ShortPhemex NBISUSDT234.980get 0.0000% / 8h6h 57m$1.6M$972K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex against HTX. 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

Funding earned
$0
Price spread: −0.267% → −0.008%
−$25.95
Slippage, 4 orders
−$109.48
Fee HTX: 6 bp × 2 orders
−$12
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$159.43
Costs to cover
1.335%
Break-even
never at this rate
Slippage from HTX: live order book, 8 min ago; Phemex: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 8 min ago2.33 bp12.4 bp −$1226.7 bp −$267doesn't fitdoesn't fit
Sell Phemex live order book, 5 min ago4.24 bp43.3 bp −$43doesn't fitdoesn't fitdoesn't fit

NBIS on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit NBISUSDT0.0000%8h234.92−0.293%$5.1M$6.4M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h234.99−0.263%$3.4M$16.7M25xas long as short
Gate NBIS_USDT0.0000%8h235.02−0.250%$2.8M$4.9M50xas long as short
SunX NBIS-USDT0.0000%8h234.98−0.267%$1K$1.7M10xas long as short
Deribit NBIS_USDC-PERPETUAL0.0000%1h234.92−0.293%$35K$48K10xas long as short
HTX NBIS-USDTlong0.0000%8h235.61long leg$15K$66K20x
Phemex NBISUSDTshort0.0000%8h234.98−0.267%$1.6M$972K10x
Nado NBIS-PERP+0.0007%1h235.16−0.189%$31K$66K3xas long as short
QFEX NBIS-USD+0.0024%1h235.17−0.187%$1.5M$4.9M10xas long as short
Arcus NBIS-USD+0.0040%1h235.51−0.042%$43K$134K5xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest NBIS-USD-PERP+0.0046%1h235.51−0.042%$223K5xas long as short
tradeXYZ xyz:NBIS+0.0050%1h234.96−0.276%$55.0M$23.6M10xas long as short
Polymarket Perps NBIS-USD+0.0050%1h235.13−0.204%$142K$462K10xas long as short
SoDEX NBIS-USD+0.0050%1h234.98−0.267%$99$20K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h235.39−0.093%$174K$507K10xas long as short
Kraken Futures PF_NBISUSD+0.0095%1h234.97−0.270%$24K$15K20xas long as short
KuCoin NBISUSDTM+0.0100%8h235.03−0.246%$485K$22K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h235.11−0.212%$2K$3K10xas long as short
Bitget NBISUSDT+0.0101%8h235.00−0.259%$2.5M$4.6M20xas long as short
Aevo NBIS-PERP+0.0104%1h235.02−0.250%10xas long as short
Coinbase International NBIS-PERP-INTX+0.0112%1h236.05+0.187%$386K$736K10xas long as short
Lighter NBIS+0.0184%1h235.08−0.225%$916K$4.4M10xas long as short
Aster NBISUSDT+0.0261%8h235.33−0.120%$81K$308K50xas long as short
Variational Omni NBIS+0.0263%8h235.53−0.034%$2.9M$591Kas long as short
Binance NBISUSDT+0.0285%8h235.03−0.246%$19.5M$85.4M25xas long as short
Extended NBIS-USD+0.0288%1h234.97−0.270%$151K$705K10xas long as short
BloFin NBIS-USDT+0.0310%8h235.50−0.047%$207K$210K20xas long as short
Entropy io:NBIS+0.0342%1h235.47−0.059%$10.3M$3.4M10xas long as short
GRVT NBIS_USDT_Perp+0.0361%8h235.62+0.004%$5K$131K10xas long as short
Phoenix NBIS+0.0409%1h235.610.000%$7K$149K10xas long as short
edgeX NBISUSDC+0.0981%4h235.58−0.013%$38K$227K10xas long as short