Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.028%
Price spread now: Orderly against OKX−0.064%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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
Funding pays, the price is against you. Orderly is 0.064% cheaper against OKX than usual: you would sell low and buy high (spread −0.064% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 2.1 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX NBIS-USDT-SWAP | 235.73 | 0 | get 0.0000% / 8h | 7h 23m | $3.4M | $16.8M | 25x |
| Short | Orderly PERP_NBIS_USDC_mythos | 235.58 | 0.0100 | get 0.0100% / 8h | 7h 23m | $2K | $3K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against OKX. 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
- $21
- Price spread: −0.064% → 0.000%
- −$6.36
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$1.36
- Costs to cover
- 0.160%
- Break-even
- 7.5 days
Slippage unknown: OKX: live order book, just now; Orderly: 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 OKX live order book, just now | 1.27 bp | 9.3 bp −$9 | 22.9 bp −$229 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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_NBISUSD | −0.0178% | 1h | 235.58 | −0.062% | $24K | $15K | 20x | as long as short |
| OKX NBIS-USDT-SWAPlong | 0.0000% | 8h | 235.73 | long leg | $3.4M | $16.8M | 25x | |
| Gate NBIS_USDT | 0.0000% | 8h | 235.66 | −0.030% | $2.8M | $5.1M | 50x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 235.91 | +0.076% | $1K | $1.7M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | 0.0000% | 1h | 235.57 | −0.068% | $35K | $48K | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 235.58 | −0.064% | $15K | $112K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 235.70 | −0.013% | $1.6M | $973K | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0016% | 1h | 236.05 | +0.136% | $386K | $739K | 10x | as long as short |
| QFEX NBIS-USD | +0.0038% | 1h | 235.57 | −0.068% | $1.5M | $4.9M | 10x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 235.98 | +0.106% | — | $224K | 5x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit NBISUSDT | +0.0049% | 8h | 235.78 | +0.021% | $5.1M | $6.5M | 50x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 236.13 | +0.170% | $176K | $505K | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 235.48 | −0.106% | $486K | $23K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythosshort | +0.0100% | 8h | 235.58 | −0.064% | $2K | $3K | 10x | |
| Aevo NBIS-PERP | +0.0104% | 1h | 235.60 | −0.054% | — | — | 10x | as long as short |
| Bitget NBISUSDT | +0.0108% | 8h | 235.75 | +0.008% | $2.5M | $4.6M | 20x | as long as short |
| SoDEX NBIS-USD | +0.0131% | 1h | 235.67 | −0.025% | $52 | $20K | 10x | as long as short |
| Nado NBIS-PERP | +0.0182% | 1h | 235.47 | −0.109% | $31K | $66K | 3x | as long as short |
| edgeX NBISUSDC | +0.0184% | 4h | 235.95 | +0.092% | $38K | $228K | 10x | as long as short |
| Variational Omni NBIS | +0.0240% | 8h | 236.09 | +0.153% | $2.9M | $820K | — | as long as short |
| Aster NBISUSDT | +0.0248% | 8h | 235.78 | +0.021% | $81K | $308K | 50x | as long as short |
| BloFin NBIS-USDT | +0.0255% | 8h | 235.72 | −0.004% | $207K | $211K | 20x | as long as short |
| Binance NBISUSDT | +0.0270% | 8h | 235.77 | +0.016% | $19.6M | $85.6M | 25x | as long as short |
| Extended NBIS-USD | +0.0272% | 1h | 235.65 | −0.035% | $151K | $806K | 10x | as long as short |
| Polymarket Perps NBIS-USD | +0.0311% | 1h | 235.66 | −0.030% | $134K | $444K | 10x | as long as short |
| Lighter NBIS | +0.0328% | 1h | 235.79 | +0.025% | $926K | $4.5M | 10x | as long as short |
| Arcus NBIS-USD | +0.0366% | 1h | 235.76 | +0.013% | $44K | $132K | 5x | as long as short |
| tradeXYZ xyz:NBIS | +0.0406% | 1h | 235.65 | −0.034% | $55.1M | $23.7M | 10x | as long as short |
| Phoenix NBIS | +0.0409% | 1h | 235.89 | +0.068% | $7K | $163K | 10x | as long as short |
| GRVT NBIS_USDT_Perp | +0.0446% | 8h | 236.00 | +0.115% | $5K | $132K | 10x | as long as short |
| Entropy io:NBIS | +0.0870% | 1h | 235.75 | +0.008% | $10.3M | $3.4M | 10x | as long as short |
OKX NBIS-USDT-SWAP
Kraken Futures PF_NBISUSD
Gate NBIS_USDT
SunX NBIS-USDT
Deribit NBIS_USDC-PERPETUAL
HTX NBIS-USDT
Phemex NBISUSDT
Coinbase International NBIS-PERP-INTX
Bybit NBISUSDT
KuCoin NBISUSDTM
Bitget NBISUSDT
SoDEX NBIS-USD
edgeX NBISUSDC
Variational Omni NBIS
Aster NBISUSDT
BloFin NBIS-USDT
Binance NBISUSDT
Extended NBIS-USD
Polymarket Perps NBIS-USD
Lighter NBIS
tradeXYZ xyz:NBIS
Phoenix NBIS
GRVT NBIS_USDT_Perp