Funding you earn now, next payment 08:00 UTC+0.0607%/8h= +66.5% APRpaid last 24h +0.162%
Price spread now: edgeX against Phemex+0.178%7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$118as in the Price arb table
costs, in and out, $10k−$1371.375% of the position
Funding, last 7 days+0.886%+$89 on $10k
+Price spread, last 4 days (all we have)−0.139%−$14 · spread now +0.178%, 7d avg −0.020%
=Together, before fees+0.747%+ Points / potential airdropedgeX: Active · farm board+$75 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and edgeX is 0.198% dearer against Phemex than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of −0.020%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex NBISUSDT | 233.74 | 0 | get 0.0000% / 8h | 3h 40m | $1.6M | $954K | 10x |
| Short | edgeX NBISUSDC | 234.16 | 0.0607 | get 0.0304% / 4h | 3h 40m | $38K | $225K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Phemex. 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
- $127.49
- Price spread: +0.178% → −0.020%
- $19.82
- Slippage, 4 orders
- −$116.49
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $9.82
- Costs to cover
- 1.375%
- Break-even
- 6.5 days
Slippage from Phemex: live order book, 2 min ago; edgeX: live order book, 11 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 Phemex live order book, 2 min ago | 4.48 bp | 53.1 bp −$53 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 11 min ago | 5.98 bp | 16.7 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin NBIS-USDT | −0.0010% | 8h | 233.67 | −0.030% | $206K | $205K | 20x | as long as short |
| Aster NBISUSDT | 0.0000% | 8h | 233.88 | +0.060% | $78K | $310K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 233.63 | −0.046% | $147K | $699K | 10x | as long as short |
| Binance NBISUSDT | 0.0000% | 8h | 233.70 | −0.017% | $19.2M | $84.6M | 25x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 233.80 | +0.026% | $5.0M | $6.3M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 233.63 | −0.047% | $3.4M | $16.1M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 233.74 | 0.000% | $2.7M | $5.0M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 233.68 | −0.026% | $2.4M | $4.4M | 20x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 233.67 | −0.028% | $2.9M | $556K | — | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 234.45 | +0.303% | $4K | $120K | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX NBIS-USDT | 0.0000% | 8h | 233.70 | −0.017% | $848 | $1.7M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | 0.0000% | 1h | 233.59 | −0.064% | $35K | $49K | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 234.10 | +0.154% | $15K | $60K | 20x | as long as short |
| Phemex NBISUSDTlong | 0.0000% | 8h | 233.74 | long leg | $1.6M | $954K | 10x | |
| QFEX NBIS-USD | +0.0034% | 1h | 233.70 | −0.017% | $1.5M | $4.0M | 10x | as long as short |
| Nado NBIS-PERP | +0.0035% | 1h | 233.72 | −0.008% | $38K | $115K | 3x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 233.87 | +0.056% | $42K | $132K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 234.02 | +0.120% | — | $216K | 5x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0049% | 1h | 233.57 | −0.074% | $23K | $15K | 20x | as long as short |
| tradeXYZ xyz:NBIS | +0.0050% | 1h | 233.64 | −0.043% | $54.5M | $20.0M | 10x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 233.60 | −0.060% | $147K | $456K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 233.73 | −0.004% | $79 | $21K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 233.98 | +0.103% | $160K | $502K | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 233.68 | −0.026% | $481K | $20K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 233.70 | −0.017% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 233.65 | −0.039% | — | — | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0104% | 1h | 235.56 | +0.779% | $389K | $724K | 10x | as long as short |
| Lighter NBIS | +0.0216% | 1h | 233.76 | +0.009% | $912K | $3.9M | 10x | as long as short |
| Phoenix NBIS | +0.0239% | 1h | 234.36 | +0.265% | $7K | $150K | 10x | as long as short |
| Entropy io:NBIS | +0.0299% | 1h | 233.88 | +0.060% | $10.2M | $3.2M | 10x | as long as short |
| edgeX NBISUSDCshort | +0.0607% | 4h | 234.16 | +0.178% | $38K | $225K | 10x |
Phemex NBISUSDT
edgeX NBISUSDC
BloFin NBIS-USDT
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Bitget NBISUSDT
Variational Omni NBIS
GRVT NBIS_USDT_Perp
SunX NBIS-USDT
Deribit NBIS_USDC-PERPETUAL
HTX NBIS-USDT
Kraken Futures PF_NBISUSD
tradeXYZ xyz:NBIS
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
KuCoin NBISUSDTM
Coinbase International NBIS-PERP-INTX
Lighter NBIS
Phoenix NBIS