Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment −$0.00 per $10,000 · paid last 24h +0.021%
Price spread now: Arcus against QFEX+0.026%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$340.335% of the position
Funding, last 4 days (all we have)+0.145%+$14 on $10k
+Price spread, last 4 days (all we have)−0.024%−$2 · spread now +0.026%, 7d avg −0.001%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Arcus is 0.027% dearer against QFEX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX NBIS-USD | 230.90 | 0.0041 | pay 0.0005% / 1h | 10m 04s | $1.5M | $3.7M | 10x |
| Short | Arcus NBIS-USD | 230.96 | 0.0040 | get 0.0005% / 1h | 10m 04s | $42K | $131K | 5x |
QFEX NBIS-USD
Arcus NBIS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against QFEX. 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
- −$0.09
- Price spread: +0.026% → −0.001%
- $2.74
- Slippage, 4 orders
- −$19.05
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$30.9
- Costs to cover
- 0.335%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 3 min ago; Arcus: live order book, 28 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 QFEX live order book, 3 min ago | 2.38 bp | 7.4 bp −$7 | 10.2 bp −$102 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 28 min ago | 5.19 bp | 9.6 bp −$10 | 15.8 bp −$158 | 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 | −0.0371% | 8h | 231.09 | +0.082% | $2.3M | $4.6M | 20x | as long as short |
| BloFin NBIS-USDT | −0.0003% | 8h | 230.95 | +0.022% | $204K | $212K | 20x | as long as short |
| Aster NBISUSDT | 0.0000% | 8h | 231.06 | +0.068% | $84K | $311K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 230.99 | +0.041% | $144K | $878K | 10x | as long as short |
| Binance NBISUSDT | 0.0000% | 8h | 231.05 | +0.065% | $18.8M | $87.9M | 25x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 231.03 | +0.056% | $4.9M | $6.8M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 230.89 | −0.004% | $3.3M | $16.0M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 231.08 | +0.078% | $2.7M | $5.2M | 50x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 230.87 | −0.012% | $2.8M | $589K | — | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 231.43 | +0.231% | $4K | $115K | 10x | as long as short |
Bitget NBISUSDT
BloFin NBIS-USDT
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
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 | 231.40 | +0.217% | $1K | $1.6M | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 231.41 | +0.221% | $15K | $57K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 231.07 | +0.074% | $1.6M | $970K | 10x | as long as short |
| Arcus NBIS-USDshort | +0.0040% | 1h | 230.96 | +0.026% | $42K | $131K | 5x | |
| QFEX NBIS-USDlong | +0.0041% | 1h | 230.90 | long leg | $1.5M | $3.7M | 10x | |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 230.85 | −0.022% | — | $223K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 230.92 | +0.009% | $137K | $473K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 231.00 | +0.043% | $79 | $20K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 231.12 | +0.095% | $150K | $543K | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0056% | 1h | 230.39 | −0.221% | $353K | $805K | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 230.85 | −0.022% | $476K | $26K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 230.97 | +0.030% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 230.98 | +0.033% | — | — | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0117% | 1h | 230.91 | +0.004% | $54.1M | $21.2M | 10x | as long as short |
| Nado NBIS-PERP | +0.0187% | 1h | 230.83 | −0.029% | $38K | $116K | 3x | as long as short |
| Lighter NBIS | +0.0272% | 1h | 230.99 | +0.039% | $942K | $4.1M | 10x | as long as short |
| Phoenix NBIS | +0.0312% | 1h | 231.30 | +0.173% | $7K | $125K | 10x | as long as short |
| Entropy io:NBIS | +0.0411% | 1h | 230.86 | −0.017% | $10.1M | $3.1M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.0443% | 1h | 231.00 | +0.043% | $34K | $49K | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0541% | 1h | 230.95 | +0.022% | $23K | $15K | 20x | as long as short |
| edgeX NBISUSDC | +0.0839% | 4h | 231.21 | +0.133% | $37K | $228K | 10x | as long as short |
SunX NBIS-USDT
HTX NBIS-USDT
Phemex NBISUSDT
Vest NBIS-USD-PERP
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
Ondo Perps NBIS-USD.P
Coinbase International NBIS-PERP-INTX
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
tradeXYZ xyz:NBIS
Nado NBIS-PERP
Lighter NBIS
Phoenix NBIS
Entropy io:NBIS
Deribit NBIS_USDC-PERPETUAL
Kraken Futures PF_NBISUSD
edgeX NBISUSDC