Funding you earn now, next payment 06:00 UTC+0.0157%/8h= +17.2% APRpaid last 24h +0.015%
Price spread now: SoDEX against Phemex+0.030%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and SoDEX is 0.030% dearer against Phemex than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex NBISUSDT | 232.10 | 0 | get 0.0000% / 8h | 2h 08m | $1.6M | $957K | 10x |
| Short | SoDEX NBIS-USD | 232.17 | 0.0157 | get 0.0020% / 1h | 8m 50s | $98 | $20K | 10x |
Phemex NBISUSDT
SoDEX NBIS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- $33
- Price spread: +0.030% → 0.000%
- $3.02
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- $16.01
- Costs to cover
- 0.200%
- Break-even
- 3.6 days
Slippage unknown: Phemex: live order book, 4 min ago; SoDEX: 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, 4 min ago | 5.39 bp | 38.6 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget NBISUSDT | −0.0469% | 8h | 232.21 | +0.047% | $2.3M | $4.6M | 20x | as long as short |
| Aster NBISUSDT | 0.0000% | 8h | 232.10 | −0.002% | $85K | $311K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 232.13 | +0.015% | $146K | $753K | 10x | as long as short |
| Binance NBISUSDT | 0.0000% | 8h | 232.22 | +0.053% | $18.6M | $87.0M | 25x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 232.24 | +0.060% | $4.9M | $6.5M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 232.16 | +0.026% | $3.3M | $16.2M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 232.18 | +0.034% | $2.7M | $5.1M | 50x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 232.26 | +0.071% | $2.8M | $602K | — | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 232.32 | +0.095% | $5K | $117K | 10x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 232.42 | +0.138% | $1K | $1.6M | 10x | as long as short |
Bitget NBISUSDT
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Variational Omni NBIS
GRVT NBIS_USDT_Perp
SunX NBIS-USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX NBIS-USDT | 0.0000% | 8h | 232.24 | +0.060% | $15K | $61K | 20x | as long as short |
| Phemex NBISUSDTlong | 0.0000% | 8h | 232.10 | long leg | $1.6M | $957K | 10x | |
| BloFin NBIS-USDT | +0.0003% | 8h | 232.30 | +0.086% | $202K | $206K | 20x | as long as short |
| QFEX NBIS-USD | +0.0029% | 1h | 232.35 | +0.108% | $1.5M | $3.9M | 10x | as long as short |
| Nado NBIS-PERP | +0.0038% | 1h | 232.25 | +0.064% | $38K | $115K | 3x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 231.92 | −0.078% | $42K | $132K | 5x | as long as short |
| edgeX NBISUSDC | +0.0045% | 4h | 232.19 | +0.039% | $37K | $226K | 10x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 232.30 | +0.086% | — | $220K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 232.22 | +0.052% | $138K | $473K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 232.09 | −0.004% | $152K | $548K | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 232.02 | −0.034% | $478K | $20K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 232.19 | +0.039% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 232.14 | +0.016% | — | — | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0111% | 1h | 232.16 | +0.026% | $54.6M | $21.1M | 10x | as long as short |
| SoDEX NBIS-USDshort | +0.0157% | 1h | 232.17 | +0.030% | $98 | $20K | 10x | |
| Coinbase International NBIS-PERP-INTX | +0.0168% | 1h | 231.92 | −0.078% | $351K | $815K | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0222% | 1h | 232.28 | +0.078% | $23K | $15K | 20x | as long as short |
| Phoenix NBIS | +0.0242% | 1h | 232.31 | +0.090% | $7K | $150K | 10x | as long as short |
| Lighter NBIS | +0.0248% | 1h | 232.19 | +0.039% | $939K | $4.0M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.0267% | 1h | 232.24 | +0.060% | $34K | $49K | 10x | as long as short |
| Entropy io:NBIS | +0.0383% | 1h | 231.99 | −0.047% | $10.1M | $3.2M | 10x | as long as short |
HTX NBIS-USDT
BloFin NBIS-USDT
QFEX NBIS-USD
Nado NBIS-PERP
Arcus NBIS-USD
edgeX NBISUSDC
Vest NBIS-USD-PERP
Polymarket Perps NBIS-USD
Ondo Perps NBIS-USD.P
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
tradeXYZ xyz:NBIS
Coinbase International NBIS-PERP-INTX
Kraken Futures PF_NBISUSD
Phoenix NBIS
Lighter NBIS
Deribit NBIS_USDC-PERPETUAL
Entropy io:NBIS