NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0238%/8h= +26.0% APRnext payment +$0.30 per $10,000 · paid last 24h −0.107%

Price spread now: SoDEX against Kraken Futures+0.046%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Kraken Futures Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and SoDEX is 0.046% dearer against Kraken Futures than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_NBISUSD	235.41	−0.0179	get 0.0022% / 1h	59m 36s	$24K	$15K	20x
Short	SoDEX NBIS-USD	235.52	0.0059	get 0.0007% / 1h	59m 36s	$89	$20K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Kraken Futures. 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

Position, each leg$Hold fordaysFee Kraken FuturesbpFee SoDEXbpOrdersPrice spread, now +0.046%Rate

Funding earned: $49.92
Price spread: +0.046% → 0.000%: $4.56
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee SoDEX: 4 bp × 2 orders: −$8
Net: $36.48
Costs to cover: 0.180%
Break-even: 1.9 days

Slippage unknown: Kraken Futures: no order-book sample; SoDEX: no order-book sample. Net counts fees only.

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 Kraken Futures no order-book sample	—	—	—	—	—
Sell SoDEX no order-book sample	—	—	—	—	—

Kraken Futures and SoDEX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Kraken Futures PF_NBISUSDlong	−0.0179%	1h	235.41	long leg	$24K	$15K	20x
Bybit NBISUSDT	0.0000%	8h	235.52	+0.046%	$5.1M	$6.4M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	235.46	+0.020%	$3.4M	$16.7M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	235.47	+0.024%	$2.8M	$4.9M	50x	as long as short
SunX NBIS-USDT	0.0000%	8h	235.61	+0.084%	$1K	$1.7M	10x	as long as short
Deribit NBIS_USDC-PERPETUAL	0.0000%	1h	235.48	+0.029%	$35K	$48K	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	235.71	+0.126%	$15K	$66K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	235.53	+0.050%	$1.6M	$973K	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0016%	1h	236.05	+0.271%	$386K	$736K	10x	as long as short
QFEX NBIS-USD	+0.0038%	1h	235.51	+0.041%	$1.5M	$4.9M	10x	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	235.91	+0.211%	—	$223K	5x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	235.44	+0.012%	$174K	$502K	10x	as long as short
SoDEX NBIS-USDshort	+0.0059%	1h	235.52	+0.046%	$89	$20K	10x
KuCoin NBISUSDTM	+0.0100%	8h	235.45	+0.016%	$485K	$22K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	235.57	+0.067%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	235.56	+0.064%	—	—	10x	as long as short
Bitget NBISUSDT	+0.0106%	8h	235.52	+0.046%	$2.5M	$4.6M	20x	as long as short
Polymarket Perps NBIS-USD	+0.0126%	1h	235.52	+0.046%	$142K	$462K	10x	as long as short
Nado NBIS-PERP	+0.0136%	1h	235.53	+0.049%	$31K	$66K	3x	as long as short
tradeXYZ xyz:NBIS	+0.0163%	1h	235.49	+0.033%	$55.1M	$23.6M	10x	as long as short
BloFin NBIS-USDT	+0.0261%	8h	235.62	+0.088%	$207K	$211K	20x	as long as short
Variational Omni NBIS	+0.0263%	8h	235.53	+0.049%	$2.9M	$591K	—	as long as short
Aster NBISUSDT	+0.0263%	8h	235.84	+0.180%	$82K	$308K	50x	as long as short
Binance NBISUSDT	+0.0287%	8h	235.58	+0.069%	$19.6M	$85.3M	25x	as long as short
Lighter NBIS	+0.0288%	1h	235.67	+0.109%	$920K	$4.4M	10x	as long as short
Extended NBIS-USD	+0.0288%	1h	235.49	+0.034%	$151K	$705K	10x	as long as short
Arcus NBIS-USD	+0.0366%	1h	235.58	+0.071%	$44K	$133K	5x	as long as short
GRVT NBIS_USDT_Perp	+0.0375%	8h	235.73	+0.134%	$5K	$131K	10x	as long as short
Entropy io:NBIS	+0.0388%	1h	235.61	+0.084%	$10.3M	$3.4M	10x	as long as short
Phoenix NBIS	+0.0409%	1h	235.61	+0.084%	$7K	$163K	10x	as long as short
edgeX NBISUSDC	+0.0981%	4h	235.58	+0.071%	$38K	$227K	10x	as long as short