Funding you earn now, next payment 09:00 UTC+0.0066%/8h= +7.2% APRpaid last 24h +0.058%
Price spread now: Nado against Phemex−0.026%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$159as in the Price arb table
costs, in and out, $10k−$1601.597% of the position
Funding, last 4 days (all we have)+0.105%+$10 on $10k
+Price spread, last 4 days (all we have)+0.105%+$10 · spread now −0.026%, 7d avg −0.030%
=Together, before fees+0.210%+ Points / potential airdropNado: Active · farm board+$21 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.030%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex NBISUSDT | 227.87 | 0 | get 0.0000% / 8h | 7h 35m | $1.5M | $971K | 10x |
| Short | Nado NBIS-PERP | 227.81 | 0.0066 | get 0.0008% / 1h | 35m 06s | $38K | $116K | 3x |
Phemex NBISUSDT
Nado NBIS-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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
- $13.79
- Price spread: −0.026% → −0.030%
- $0.33
- Slippage, 4 orders
- −$140.72
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$145.6
- Costs to cover
- 1.597%
- Break-even
- 80.9 days
Slippage from Phemex: live order book, 3 min ago; Nado: live order book, 58 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, 3 min ago | 3.28 bp | 50.6 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
| Sell Nado live order book, 58 min ago | 11.46 bp | 31.6 bp −$32 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget NBISUSDT | −0.0272% | 8h | 227.80 | −0.031% | $2.3M | $4.5M | 20x | as long as short |
| Coinbase International NBIS-PERP-INTX | −0.0008% | 1h | 227.95 | +0.035% | $353K | $801K | 10x | as long as short |
| BloFin NBIS-USDT | −0.0007% | 8h | 227.74 | −0.057% | $200K | $211K | 20x | as long as short |
| Aster NBISUSDT | 0.0000% | 8h | 227.90 | +0.012% | $80K | $313K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 227.74 | −0.058% | $146K | $877K | 10x | as long as short |
| Binance NBISUSDT | 0.0000% | 8h | 227.82 | −0.024% | $18.5M | $88.7M | 25x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 227.71 | −0.070% | $4.8M | $6.7M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 227.77 | −0.044% | $3.2M | $15.8M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 227.76 | −0.048% | $2.7M | $5.1M | 50x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 227.92 | +0.021% | $2.8M | $577K | — | as long as short |
Bitget NBISUSDT
Coinbase International NBIS-PERP-INTX
BloFin NBIS-USDT
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Variational Omni NBISShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 228.78 | +0.398% | $4K | $114K | 10x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 227.93 | +0.026% | $1K | $1.6M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | 0.0000% | 1h | 227.77 | −0.044% | $34K | $49K | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 228.00 | +0.057% | $13K | $61K | 20x | as long as short |
| Phemex NBISUSDTlong | 0.0000% | 8h | 227.87 | long leg | $1.5M | $971K | 10x | |
| Arcus NBIS-USD | +0.0040% | 1h | 227.75 | −0.053% | $42K | $124K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 227.65 | −0.097% | — | $237K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 227.70 | −0.075% | $135K | $466K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 227.75 | −0.053% | $64 | $20K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 227.85 | −0.009% | $148K | $537K | 10x | as long as short |
| QFEX NBIS-USD | +0.0064% | 1h | 227.86 | −0.004% | $1.5M | $3.7M | 10x | as long as short |
| Nado NBIS-PERPshort | +0.0066% | 1h | 227.81 | −0.026% | $38K | $116K | 3x | |
| tradeXYZ xyz:NBIS | +0.0080% | 1h | 227.70 | −0.075% | $53.1M | $21.5M | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 227.74 | −0.057% | $468K | $60K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 227.88 | +0.004% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 227.81 | −0.026% | — | — | 10x | as long as short |
| Lighter NBIS | +0.0128% | 1h | 227.69 | −0.079% | $911K | $4.0M | 10x | as long as short |
| Phoenix NBIS | +0.0277% | 1h | 229.09 | +0.535% | $7K | $125K | 10x | as long as short |
| Entropy io:NBIS | +0.0305% | 1h | 228.18 | +0.136% | $9.9M | $3.1M | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0685% | 1h | 227.76 | −0.048% | $22K | $16K | 20x | as long as short |
| edgeX NBISUSDC | +0.0808% | 4h | 228.81 | +0.412% | $37K | $227K | 10x | as long as short |
GRVT NBIS_USDT_Perp
SunX NBIS-USDT
Deribit NBIS_USDC-PERPETUAL
HTX NBIS-USDT
Arcus NBIS-USD
Vest NBIS-USD-PERP
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
Ondo Perps NBIS-USD.P
QFEX NBIS-USD
tradeXYZ xyz:NBIS
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
Lighter NBIS
Phoenix NBIS
Entropy io:NBIS
Kraken Futures PF_NBISUSD
edgeX NBISUSDC