Funding you earn now, next payment 02:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.12 per $10,000 · paid last 24h −0.035%
Price spread now: Arcus against Nado+0.009%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado NBIS-PERP | 233.31 | 0.0140 | pay 0.0017% / 1h | 35m 48s | $67K | $94K | 3x |
| Short | Arcus NBIS-USD | 233.33 | 0.0040 | get 0.0005% / 1h | 35m 48s | $42K | $132K | 5x |
Nado NBIS-PERP
Arcus NBIS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Nado. 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
- −$20.94
- Price spread: +0.009% → 0.000%
- $0.93
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$31.51
- Costs to cover
- 0.115%
- Break-even
- never at this rate
Slippage unknown: Nado: no order-book sample; Arcus: live order book, 32 min ago. 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 Nado no order-book sample | — | — | — | — | — |
| Sell Arcus live order book, 32 min ago | 2.33 bp | 12.5 bp −$12 | 20.4 bp −$204 | doesn't fit | doesn't fit |
Nado: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit NBISUSDT | 0.0000% | 8h | 233.49 | +0.078% | $5.1M | $6.3M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 233.43 | +0.052% | $3.4M | $16.5M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 233.50 | +0.082% | $2.8M | $5.0M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 233.53 | +0.095% | $2.4M | $4.5M | 20x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 233.56 | +0.108% | $997 | $1.7M | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 233.40 | +0.039% | $15K | $60K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 233.63 | +0.138% | $1.6M | $972K | 10x | as long as short |
| GRVT NBIS_USDT_Perp | +0.0016% | 8h | 233.46 | +0.067% | $5K | $129K | 10x | as long as short |
| QFEX NBIS-USD | +0.0024% | 1h | 233.49 | +0.078% | $1.5M | $4.6M | 10x | as long as short |
| Arcus NBIS-USDshort | +0.0040% | 1h | 233.33 | +0.009% | $42K | $132K | 5x |
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Bitget NBISUSDT
SunX NBIS-USDT
HTX NBIS-USDT
Phemex NBISUSDT
GRVT NBIS_USDT_Perp
QFEX 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 | 233.54 | +0.099% | — | $226K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 233.46 | +0.065% | $148K | $456K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 233.42 | +0.048% | $84 | $20K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 233.49 | +0.078% | $163K | $499K | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.0093% | 1h | 233.55 | +0.104% | $35K | $48K | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0096% | 1h | 233.42 | +0.046% | $24K | $15K | 20x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 233.40 | +0.039% | $481K | $21K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 233.49 | +0.078% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 233.52 | +0.089% | — | — | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0110% | 1h | 233.37 | +0.026% | $54.7M | $20.0M | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0112% | 1h | 236.05 | +1.175% | $386K | $721K | 10x | as long as short |
| Nado NBIS-PERPlong | +0.0140% | 1h | 233.31 | long leg | $67K | $94K | 3x | |
| Variational Omni NBIS | +0.0207% | 8h | 233.54 | +0.099% | $2.8M | $571K | — | as long as short |
| Aster NBISUSDT | +0.0211% | 8h | 233.58 | +0.118% | $81K | $314K | 50x | as long as short |
| Binance NBISUSDT | +0.0231% | 8h | 233.47 | +0.069% | $19.2M | $85.0M | 25x | as long as short |
| Extended NBIS-USD | +0.0232% | 1h | 233.42 | +0.046% | $150K | $701K | 10x | as long as short |
| BloFin NBIS-USDT | +0.0234% | 8h | 234.04 | +0.314% | $207K | $209K | 20x | as long as short |
| Lighter NBIS | +0.0280% | 1h | 233.43 | +0.052% | $901K | $4.4M | 10x | as long as short |
| Phoenix NBIS | +0.0306% | 1h | 233.42 | +0.048% | $7K | $152K | 10x | as long as short |
| Entropy io:NBIS | +0.0361% | 1h | 233.46 | +0.065% | $10.1M | $3.3M | 10x | as long as short |
| edgeX NBISUSDC | +0.0636% | 4h | 233.36 | +0.023% | $37K | $226K | 10x | as long as short |
Vest NBIS-USD-PERP
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
Ondo Perps NBIS-USD.P
Deribit NBIS_USDC-PERPETUAL
Kraken Futures PF_NBISUSD
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
tradeXYZ xyz:NBIS
Coinbase International NBIS-PERP-INTX
Variational Omni NBIS
Aster NBISUSDT
Binance NBISUSDT
Extended NBIS-USD
BloFin NBIS-USDT
Lighter NBIS
Phoenix NBIS
Entropy io:NBIS
edgeX NBISUSDC