Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.016%
Price spread now: Ondo Perps against Phemex−0.129%7-day average −0.035% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.165%+$16 on $10k
+Price spread, last 4 days (all we have)+0.171%+$17 · spread now −0.129%, 7d avg −0.035%
=Together, before fees+0.335%+ Points / potential airdropOndo Perps: Active · farm board+$34 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.094% cheaper against Phemex than usual: you would sell low and buy high (spread −0.129% now, against its 7-day average of −0.035%). If the spread goes back, that is −$9 on $10k: about 6.2 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex NBISUSDT | 232.50 | 0 | get 0.0000% / 8h | 3h 05m | $1.6M | $956K | 10x |
| Short | Ondo Perps NBIS-USD.P | 232.20 | 0.0050 | get 0.0006% / 1h | 5m 44s | $160K | $508K | 10x |
Phemex NBISUSDT
Ondo Perps NBIS-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps 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
- $10.58
- Price spread: −0.129% → −0.035%
- −$9.44
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$15.86
- Costs to cover
- 0.170%
- Break-even
- 17.5 days
Slippage unknown: Phemex: live order book, 2 min ago; Ondo Perps: 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 Phemex live order book, 2 min ago | 4.74 bp | 41.2 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin NBIS-USDT | −0.0014% | 8h | 232.20 | −0.129% | $206K | $204K | 20x | as long as short |
| Aster NBISUSDT | 0.0000% | 8h | 232.44 | −0.024% | $78K | $310K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 232.18 | −0.139% | $145K | $601K | 10x | as long as short |
| Binance NBISUSDT | 0.0000% | 8h | 232.26 | −0.103% | $18.8M | $85.6M | 25x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 232.34 | −0.069% | $5.0M | $6.4M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 232.18 | −0.138% | $3.4M | $16.1M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 232.33 | −0.073% | $2.7M | $5.1M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 232.30 | −0.086% | $2.4M | $4.5M | 20x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 232.62 | +0.053% | $2.9M | $552K | — | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 231.97 | −0.228% | $5K | $118K | 10x | as long as short |
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_PerpShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX NBIS-USDT | 0.0000% | 8h | 232.66 | +0.069% | $940 | $1.6M | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 232.16 | −0.146% | $15K | $60K | 20x | as long as short |
| Phemex NBISUSDTlong | 0.0000% | 8h | 232.50 | long leg | $1.6M | $956K | 10x | |
| Nado NBIS-PERP | +0.0009% | 1h | 232.56 | +0.026% | $38K | $115K | 3x | as long as short |
| QFEX NBIS-USD | +0.0034% | 1h | 232.32 | −0.077% | $1.5M | $4.0M | 10x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 232.20 | −0.129% | $42K | $132K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 232.57 | +0.030% | — | $217K | 5x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0049% | 1h | 232.69 | +0.084% | $23K | $15K | 20x | as long as short |
| tradeXYZ xyz:NBIS | +0.0050% | 1h | 232.26 | −0.103% | $54.1M | $20.2M | 10x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 232.59 | +0.039% | $143K | $459K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 232.37 | −0.056% | $93 | $21K | 10x | as long as short |
| Ondo Perps NBIS-USD.Pshort | +0.0050% | 1h | 232.20 | −0.129% | $160K | $508K | 10x | |
| KuCoin NBISUSDTM | +0.0100% | 8h | 232.25 | −0.108% | $479K | $20K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 232.63 | +0.056% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 232.57 | +0.032% | — | — | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0104% | 1h | 232.30 | −0.086% | $361K | $771K | 10x | as long as short |
| Lighter NBIS | +0.0200% | 1h | 232.28 | −0.095% | $918K | $4.0M | 10x | as long as short |
| Phoenix NBIS | +0.0239% | 1h | 232.25 | −0.108% | $7K | $150K | 10x | as long as short |
| Entropy io:NBIS | +0.0295% | 1h | 232.37 | −0.056% | $10.1M | $3.2M | 10x | as long as short |
| edgeX NBISUSDC | +0.0317% | 4h | 231.93 | −0.244% | $37K | $226K | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.0524% | 1h | 232.69 | +0.082% | $35K | $49K | 10x | as long as short |
SunX NBIS-USDT
HTX NBIS-USDT
Nado NBIS-PERP
QFEX NBIS-USD
Arcus NBIS-USD
Vest NBIS-USD-PERP
Kraken Futures PF_NBISUSD
tradeXYZ xyz:NBIS
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
Coinbase International NBIS-PERP-INTX
Lighter NBIS
Phoenix NBIS
Entropy io:NBIS
edgeX NBISUSDC
Deribit NBIS_USDC-PERPETUAL