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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX NBIS-USDT | 235.61 | 0 | get 0.0000% / 8h | 6h 57m | $15K | $66K | 20x |
| Short | Phemex NBISUSDT | 234.98 | 0 | get 0.0000% / 8h | 6h 57m | $1.6M | $972K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy HTX live order book, 8 min ago | 2.33 bp | 12.4 bp −$12 | 26.7 bp −$267 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 5 min ago | 4.24 bp | 43.3 bp −$43 | 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 | 234.92 | −0.293% | $5.1M | $6.4M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 234.99 | −0.263% | $3.4M | $16.7M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 235.02 | −0.250% | $2.8M | $4.9M | 50x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 234.98 | −0.267% | $1K | $1.7M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | 0.0000% | 1h | 234.92 | −0.293% | $35K | $48K | 10x | as long as short |
| HTX NBIS-USDTlong | 0.0000% | 8h | 235.61 | long leg | $15K | $66K | 20x | |
| Phemex NBISUSDTshort | 0.0000% | 8h | 234.98 | −0.267% | $1.6M | $972K | 10x | |
| Nado NBIS-PERP | +0.0007% | 1h | 235.16 | −0.189% | $31K | $66K | 3x | as long as short |
| QFEX NBIS-USD | +0.0024% | 1h | 235.17 | −0.187% | $1.5M | $4.9M | 10x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 235.51 | −0.042% | $43K | $134K | 5x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest NBIS-USD-PERP | +0.0046% | 1h | 235.51 | −0.042% | — | $223K | 5x | as long as short |
| tradeXYZ xyz:NBIS | +0.0050% | 1h | 234.96 | −0.276% | $55.0M | $23.6M | 10x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 235.13 | −0.204% | $142K | $462K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 234.98 | −0.267% | $99 | $20K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 235.39 | −0.093% | $174K | $507K | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0095% | 1h | 234.97 | −0.270% | $24K | $15K | 20x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 235.03 | −0.246% | $485K | $22K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 235.11 | −0.212% | $2K | $3K | 10x | as long as short |
| Bitget NBISUSDT | +0.0101% | 8h | 235.00 | −0.259% | $2.5M | $4.6M | 20x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 235.02 | −0.250% | — | — | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0112% | 1h | 236.05 | +0.187% | $386K | $736K | 10x | as long as short |
| Lighter NBIS | +0.0184% | 1h | 235.08 | −0.225% | $916K | $4.4M | 10x | as long as short |
| Aster NBISUSDT | +0.0261% | 8h | 235.33 | −0.120% | $81K | $308K | 50x | as long as short |
| Variational Omni NBIS | +0.0263% | 8h | 235.53 | −0.034% | $2.9M | $591K | — | as long as short |
| Binance NBISUSDT | +0.0285% | 8h | 235.03 | −0.246% | $19.5M | $85.4M | 25x | as long as short |
| Extended NBIS-USD | +0.0288% | 1h | 234.97 | −0.270% | $151K | $705K | 10x | as long as short |
| BloFin NBIS-USDT | +0.0310% | 8h | 235.50 | −0.047% | $207K | $210K | 20x | as long as short |
| Entropy io:NBIS | +0.0342% | 1h | 235.47 | −0.059% | $10.3M | $3.4M | 10x | as long as short |
| GRVT NBIS_USDT_Perp | +0.0361% | 8h | 235.62 | +0.004% | $5K | $131K | 10x | as long as short |
| Phoenix NBIS | +0.0409% | 1h | 235.61 | 0.000% | $7K | $149K | 10x | as long as short |
| edgeX NBISUSDC | +0.0981% | 4h | 235.58 | −0.013% | $38K | $227K | 10x | as long as short |
HTX NBIS-USDT
Phemex NBISUSDT
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
SunX NBIS-USDT
Deribit NBIS_USDC-PERPETUAL
tradeXYZ xyz:NBIS
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
Kraken Futures PF_NBISUSD
KuCoin NBISUSDTM
Bitget NBISUSDT
Coinbase International NBIS-PERP-INTX
Lighter NBIS
Aster NBISUSDT
Variational Omni NBIS
Binance NBISUSDT
Extended NBIS-USD
BloFin NBIS-USDT
GRVT NBIS_USDT_Perp
Phoenix NBIS
edgeX NBISUSDC