Settings8H · net · $10k
Funding arb · Price arb /

NBIS

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0222%/8h= +24.3% APRnext payment +$0.28 per $10,000 · paid last 24h +0.012%
Price spread now: Extended against Ondo Perps−0.204%7-day average −0.014% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.069%−$7 on $10k
Price spread, last 4 days (all we have)+0.199%+$20 · spread now −0.204%, 7d avg −0.014%
Together, before fees+0.130%+ Points / potential airdropOndo Perps: Active · Extended: Active · farm board+$13 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.190% cheaper against Ondo Perps than usual: you would sell low and buy high (spread −0.204% now, against its 7-day average of −0.014%). If the spread goes back, that is −$19 on $10k: about 2.9 days of funding at the current rate (+$7 a day). Mind the row above: over the last 7 days funding on this pair cost −0.069%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.069% in total (about -3.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.28 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps NBIS-USD.P236.130.0050pay 0.0006% / 1h22m 54s$176K$505K10x
ShortExtended NBIS-USD235.650.0272get 0.0034% / 1h22m 54s$151K$806K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Ondo Perps. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$46.54
Price spread: −0.204% → −0.014%
−$19.01
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$17.52
Costs to cover
0.100%
Break-even
4.4 days
Slippage unknown: Ondo Perps: no order-book sample; Extended: live order book, 50 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Ondo Perps no order-book sample
Sell Extended live order book, 50 min ago2.35 bp12.0 bp −$12134.2 bp −$1,342doesn't fitdoesn't fit
Ondo Perps: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_NBISUSD−0.0178%1h235.58−0.232%$24K$15K20xas long as short
OKX NBIS-USDT-SWAP0.0000%8h235.73−0.169%$3.4M$16.8M25xas long as short
Gate NBIS_USDT0.0000%8h235.66−0.199%$2.8M$5.1M50xas long as short
SunX NBIS-USDT0.0000%8h235.91−0.093%$1K$1.7M10xas long as short
Deribit NBIS_USDC-PERPETUAL0.0000%1h235.57−0.237%$35K$48K10xas long as short
HTX NBIS-USDT0.0000%8h235.58−0.233%$15K$112K20xas long as short
Phemex NBISUSDT0.0000%8h235.70−0.182%$1.6M$973K10xas long as short
Coinbase International NBIS-PERP-INTX+0.0016%1h236.05−0.034%$386K$739K10xas long as short
QFEX NBIS-USD+0.0038%1h235.57−0.237%$1.5M$4.9M10xas long as short
Vest NBIS-USD-PERP+0.0046%1h235.98−0.064%$224K5xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit NBISUSDT+0.0049%8h235.78−0.148%$5.1M$6.5M50xas long as short
Ondo Perps NBIS-USD.Plong+0.0050%1h236.13long leg$176K$505K10x
KuCoin NBISUSDTM+0.0100%8h235.48−0.275%$486K$23K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h235.58−0.233%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h235.60−0.223%10xas long as short
Bitget NBISUSDT+0.0108%8h235.75−0.161%$2.5M$4.6M20xas long as short
SoDEX NBIS-USD+0.0131%1h235.67−0.195%$52$20K10xas long as short
Nado NBIS-PERP+0.0182%1h235.47−0.278%$31K$66K3xas long as short
edgeX NBISUSDC+0.0184%4h235.95−0.077%$38K$228K10xas long as short
Variational Omni NBIS+0.0240%8h236.09−0.016%$2.9M$820Kas long as short
Aster NBISUSDT+0.0248%8h235.78−0.148%$81K$308K50xas long as short
BloFin NBIS-USDT+0.0255%8h235.72−0.174%$207K$211K20xas long as short
Binance NBISUSDT+0.0270%8h235.77−0.154%$19.6M$85.6M25xas long as short
Extended NBIS-USDshort+0.0272%1h235.65−0.204%$151K$806K10x
Polymarket Perps NBIS-USD+0.0311%1h235.66−0.199%$134K$444K10xas long as short
Lighter NBIS+0.0328%1h235.79−0.144%$926K$4.5M10xas long as short
Arcus NBIS-USD+0.0366%1h235.76−0.157%$44K$132K5xas long as short
tradeXYZ xyz:NBIS+0.0406%1h235.65−0.203%$55.1M$23.7M10xas long as short
Phoenix NBIS+0.0409%1h235.89−0.102%$7K$163K10xas long as short
GRVT NBIS_USDT_Perp+0.0446%8h236.00−0.055%$5K$132K10xas long as short
Entropy io:NBIS+0.0870%1h235.75−0.161%$10.3M$3.4M10xas long as short