Funding you earn now, next payment 02:00 UTC+0.0125%/8h= +13.6% APRnext payment +$0.16 per $10,000 · paid last 24h +0.013%
Price spread now: Coinbase International against Nado−0.183%45s7-day average — · you buy dearer than you sell
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
=Funding pays, the price is against you. Coinbase International is 0.183% cheaper against Nado than usual: you would sell low and buy high (spread −0.183% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$18 on $10k: about 4.9 days of funding at the current rate (+$4 a day). The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado NBIS-PERP | 233.96 | −0.0021 | get 0.0003% / 1h | 46m 19s | $67K | $95K | 3x |
| Short | Coinbase International NBIS-PERP-INTX | 233.53 | 0.0104 | get 0.0013% / 1h | 46m 19s | $382K | $712K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $26.15
- Price spread: −0.183% → 0.000%
- −$18.33
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$9.18
- Costs to cover
- 0.170%
- Break-even
- 9.5 days
Slippage unknown: Nado: no order-book sample; Coinbase International: live order book, 17 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 Coinbase International live order book, 17 min ago | 9.19 bp | 14.2 bp −$14 | 19.1 bp −$191 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado NBIS-PERPlong | −0.0021% | 1h | 233.96 | long leg | $67K | $95K | 3x | |
| Bybit NBISUSDT | 0.0000% | 8h | 234.06 | +0.043% | $5.0M | $6.2M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 234.04 | +0.035% | $3.4M | $16.2M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 234.09 | +0.056% | $2.8M | $5.0M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 234.07 | +0.048% | $2.4M | $4.4M | 20x | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 234.25 | +0.126% | $5K | $127K | 10x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 234.04 | +0.035% | $971 | $1.7M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | 0.0000% | 1h | 233.93 | −0.012% | $35K | $48K | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 234.04 | +0.035% | $15K | $60K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 234.04 | +0.035% | $1.6M | $966K | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX NBIS-USD | +0.0023% | 1h | 234.07 | +0.048% | $1.5M | $4.4M | 10x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 233.94 | −0.008% | $42K | $132K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 234.25 | +0.124% | — | $215K | 5x | as long as short |
| tradeXYZ xyz:NBIS | +0.0050% | 1h | 234.01 | +0.022% | $54.6M | $19.7M | 10x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 234.01 | +0.022% | $149K | $453K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 234.01 | +0.022% | $23 | $20K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 233.91 | −0.021% | $163K | $499K | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 234.00 | +0.018% | $482K | $21K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 234.00 | +0.018% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 234.00 | +0.018% | — | — | 10x | as long as short |
| Coinbase International NBIS-PERP-INTXshort | +0.0104% | 1h | 233.53 | −0.183% | $382K | $712K | 10x | |
| Variational Omni NBIS | +0.0121% | 8h | 234.14 | +0.077% | $2.8M | $569K | — | as long as short |
| Aster NBISUSDT | +0.0133% | 8h | 234.20 | +0.105% | $81K | $307K | 50x | as long as short |
| Binance NBISUSDT | +0.0143% | 8h | 234.07 | +0.049% | $19.1M | $84.7M | 25x | as long as short |
| Extended NBIS-USD | +0.0144% | 1h | 234.01 | +0.023% | $146K | $703K | 10x | as long as short |
| BloFin NBIS-USDT | +0.0151% | 8h | 234.01 | +0.022% | — | $204K | 20x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0152% | 1h | 233.95 | −0.003% | $23K | $15K | 20x | as long as short |
| Lighter NBIS | +0.0232% | 1h | 234.09 | +0.056% | $903K | $4.3M | 10x | as long as short |
| Phoenix NBIS | +0.0308% | 1h | 234.23 | +0.116% | $7K | $150K | 10x | as long as short |
| Entropy io:NBIS | +0.0410% | 1h | 234.05 | +0.039% | $10.2M | $3.3M | 10x | as long as short |
| edgeX NBISUSDC | +0.0722% | 4h | 233.94 | −0.008% | $38K | $227K | 10x | as long as short |
Coinbase International NBIS-PERP-INTX
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Bitget NBISUSDT
GRVT NBIS_USDT_Perp
SunX NBIS-USDT
Deribit NBIS_USDC-PERPETUAL
HTX NBIS-USDT
Phemex NBISUSDT
tradeXYZ xyz:NBIS
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
KuCoin NBISUSDTM
Variational Omni NBIS
Aster NBISUSDT
Binance NBISUSDT
Extended NBIS-USD
BloFin NBIS-USDT
Kraken Futures PF_NBISUSD
Lighter NBIS
Phoenix NBIS
edgeX NBISUSDC