Funding you earn now, next payment 20:00 UTC−0.0050%/8hpaid last 24h −0.075%
Price spread now: Phemex against Ondo Perps+0.241%7-day average +0.032% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.167%−$17 on $10k
+Price spread, last 3 days (all we have)−0.256%−$26 · spread now +0.241%, 7d avg +0.032%
=Together, before fees−0.423%+ Points / potential airdropOndo Perps: Active · farm board−$42 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Phemex is 0.208% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.241% now, against its 7-day average of +0.032%): +$21 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 14 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps NBIS-USD.P | 232.60 | 0.0050 | pay 0.0006% / 1h | 1m 03s | $159K | $489K | 10x |
| Short | Phemex NBISUSDT | 233.16 | 0 | get 0.0000% / 8h | 4h 01m | $1.6M | $914K | 10x |
Ondo Perps NBIS-USD.P
Phemex NBISUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Ondo Perps. 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
- −$10.58
- Price spread: +0.241% → +0.032%
- $20.84
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$6.74
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: Ondo Perps: no order-book sample; Phemex: live order book, 1 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 1 min ago | 4.51 bp | 62.4 bp −$62 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NBISUSD | −0.0161% | 1h | 233.02 | +0.181% | $23K | $13K | 20x | as long as short |
| Aster NBISUSDT | 0.0000% | 8h | 233.07 | +0.202% | $106K | $272K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 233.07 | +0.203% | $140K | $694K | 10x | as long as short |
| Binance NBISUSDT | 0.0000% | 8h | 233.00 | +0.172% | $19.6M | $85.2M | 25x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 233.01 | +0.176% | $5.1M | $6.5M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 232.94 | +0.146% | $3.4M | $16.7M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 233.09 | +0.211% | $2.8M | $5.1M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 233.06 | +0.198% | $2.5M | $4.7M | 20x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 232.66 | +0.027% | $2.8M | $923K | — | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 233.19 | +0.254% | $5K | $144K | 10x | as long as short |
Kraken Futures PF_NBISUSD
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Bitget NBISUSDT
Variational Omni NBIS
GRVT NBIS_USDT_PerpShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX NBIS-USDT | 0.0000% | 8h | 233.05 | +0.193% | $1K | $1.8M | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 233.03 | +0.185% | $15K | $115K | 20x | as long as short |
| Phemex NBISUSDTshort | 0.0000% | 8h | 233.16 | +0.241% | $1.6M | $914K | 10x | |
| BloFin NBIS-USDT | +0.0024% | 8h | 233.07 | +0.202% | $210K | $215K | 20x | as long as short |
| QFEX NBIS-USD | +0.0033% | 1h | 233.09 | +0.211% | $1.5M | $5.0M | 10x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 233.01 | +0.176% | $40K | $124K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 233.12 | +0.224% | — | $230K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 233.10 | +0.215% | $141K | $572K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 233.03 | +0.185% | $84 | $20K | 10x | as long as short |
| Ondo Perps NBIS-USD.Plong | +0.0050% | 1h | 232.60 | long leg | $159K | $489K | 10x | |
| Deribit NBIS_USDC-PERPETUAL | +0.0050% | 1h | 233.05 | +0.193% | $35K | $89K | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 232.93 | +0.142% | $491K | $22K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 233.07 | +0.202% | $2K | $4K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 233.06 | +0.197% | — | — | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0120% | 1h | 233.22 | +0.267% | $359K | $657K | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0124% | 1h | 233.06 | +0.198% | $54.4M | $22.9M | 10x | as long as short |
| Entropy io:NBIS | +0.0135% | 1h | 233.03 | +0.185% | $10.2M | $3.3M | 10x | as long as short |
| Nado NBIS-PERP | +0.0159% | 1h | 232.96 | +0.155% | $29K | $65K | 3x | as long as short |
| Lighter NBIS | +0.0224% | 1h | 233.21 | +0.262% | $978K | $4.5M | 10x | as long as short |
| Phoenix NBIS | +0.0340% | 1h | 232.74 | +0.060% | $7K | $180K | 10x | as long as short |
| edgeX NBISUSDC | +0.0617% | 4h | 233.15 | +0.238% | $37K | $239K | 10x | as long as short |
SunX NBIS-USDT
HTX NBIS-USDT
BloFin NBIS-USDT
QFEX NBIS-USD
Arcus NBIS-USD
Vest NBIS-USD-PERP
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
Deribit NBIS_USDC-PERPETUAL
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
Coinbase International NBIS-PERP-INTX
tradeXYZ xyz:NBIS
Entropy io:NBIS
Nado NBIS-PERP
Lighter NBIS
Phoenix NBIS
edgeX NBISUSDC