NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0077%/8h= −8.5% APRnext payment −$0.10 per $10,000 · paid last 24h −0.045%

Price spread now: QFEX against Nado+0.076%7-day average +0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$60as in the Price arb table

costs, in and out, $10k−$670.672% of the position

Long on Nado Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.088%−$9 on $10k

Price spread, last 4 days (all we have)−0.169%−$17 · spread now +0.076%, 7d avg +0.003%

Together, before fees−0.257%+ Points / potential airdropNado: Active · farm board−$26 on $10k · with fees, hour by hour

The price spread pays, funding is against you. QFEX is 0.073% dearer against Nado than usual: you sell high and buy low (spread +0.076% now, against its 7-day average of +0.003%): +$7 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado NBIS-PERP	232.32	0.0131	pay 0.0016% / 1h	4m 39s	$38K	$86K	3x
Short	QFEX NBIS-USD	232.50	0.0054	get 0.0007% / 1h	4m 39s	$1.6M	$3.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against Nado. 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 NadobpFee QFEXbpOrdersPrice spread, now +0.076%Rate

Funding earned: −$16.25
Price spread: +0.076% → +0.003%: $7.34
Slippage, 4 orders: −$50.21
Fee Nado: 3.5 bp × 2 orders: −$7
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$76.12
Costs to cover: 0.672%
Break-even: never at this rate

Slippage from Nado: live order book, 45 min ago; QFEX: live order book, 7 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 Nado live order book, 45 min ago	11.93 bp	16.1 bp −$16	80.5 bp −$805	doesn't fit	doesn't fit
Sell QFEX live order book, 7 min ago	2.38 bp	7.8 bp −$8	10.3 bp −$103	doesn't fit	doesn't fit

NBIS on 31 exchanges

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
OKX NBIS-USDT-SWAP	0.0000%	8h	232.60	+0.119%	$3.3M	$16.5M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	232.45	+0.055%	$2.7M	$5.1M	50x	as long as short
Bitget NBISUSDT	0.0000%	8h	232.49	+0.072%	$2.3M	$4.5M	20x	as long as short
SunX NBIS-USDT	0.0000%	8h	232.64	+0.136%	$984	$1.5M	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	232.36	+0.016%	$13K	$62K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	232.33	+0.003%	$1.6M	$969K	10x	as long as short
Variational Omni NBIS	+0.0024%	8h	232.60	+0.119%	$2.9M	$636K	—	as long as short
Bybit NBISUSDT	+0.0044%	8h	232.51	+0.080%	$5.0M	$6.8M	50x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	232.61	+0.124%	—	$250K	5x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	232.51	+0.080%	$139K	$472K	10x	as long as short

Show all 31 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps NBIS-USD.P	+0.0050%	1h	231.52	−0.346%	$153K	$538K	10x	as long as short
QFEX NBIS-USDshort	+0.0054%	1h	232.50	+0.076%	$1.6M	$3.7M	10x
Aster NBISUSDT	+0.0058%	8h	232.06	−0.114%	$74K	$312K	50x	as long as short
Extended NBIS-USD	+0.0088%	1h	232.33	+0.002%	$146K	$847K	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0088%	1h	231.78	−0.234%	$382K	$877K	10x	as long as short
Binance NBISUSDT	+0.0092%	8h	232.45	+0.054%	$19.7M	$90.6M	25x	as long as short
BloFin NBIS-USDT	+0.0099%	8h	232.50	+0.076%	$158K	$217K	20x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	232.17	−0.066%	$471K	$162K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	232.39	+0.029%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	232.09	−0.102%	—	—	10x	as long as short
SoDEX NBIS-USD	+0.0129%	1h	232.31	−0.006%	$70	$19K	10x	as long as short
Nado NBIS-PERPlong	+0.0131%	1h	232.32	long leg	$38K	$86K	3x
Deribit NBIS_USDC-PERPETUAL	+0.0137%	1h	232.36	+0.016%	$34K	$49K	10x	as long as short
Arcus NBIS-USD	+0.0257%	1h	232.45	+0.055%	$42K	$121K	5x	as long as short
tradeXYZ xyz:NBIS	+0.0285%	1h	232.45	+0.055%	$54.7M	$19.2M	10x	as long as short
GRVT NBIS_USDT_Perp	+0.0318%	8h	232.34	+0.006%	$4K	$103K	10x	as long as short
Phoenix NBIS	+0.0347%	1h	232.07	−0.109%	$7K	$127K	10x	as long as short
Lighter NBIS	+0.0400%	1h	232.54	+0.093%	$943K	$4.1M	10x	as long as short
edgeX NBISUSDC	+0.0587%	4h	232.09	−0.102%	$37K	$227K	10x	as long as short
Entropy io:NBIS	+0.0665%	1h	232.18	−0.062%	$10.1M	$3.1M	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0764%	1h	232.46	+0.059%	$22K	$11K	20x	as long as short