Funding you earn now, next payment 03:00 UTC−0.0023%/8h= −2.5% APRpaid last 24h −0.012%
Price spread now: Bitget against QFEX−0.042%7-day average +0.050% · 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−$58as in the Price arb table
costs, in and out, $10k−$490.489% of the position
Funding, last 4 days (all we have)+0.038%+$4 on $10k
+Price spread, last 7 days+0.073%+$7 · spread now −0.042%, 7d avg +0.050%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bitget is 0.093% cheaper against QFEX than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.050%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX NBIS-USD | 235.43 | 0.0023 | pay 0.0003% / 1h | 4m 08s | $1.5M | $4.2M | 10x |
| Short | Bitget NBISUSDT | 235.33 | 0 | get 0.0000% / 8h | 5h 04m | $2.4M | $4.4M | 20x |
QFEX NBIS-USD
Bitget NBISUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$4.8
- Price spread: −0.042% → +0.050%
- −$9.28
- Slippage, 4 orders
- −$26.91
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$63
- Costs to cover
- 0.489%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 4 min ago; Bitget: live order book, 4 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, 4 min ago | 2.76 bp | 8.6 bp −$9 | 10.8 bp −$108 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 2.34 bp | 15.4 bp −$15 | 24.5 bp −$245 | 46.9 bp −$4,692 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado NBIS-PERP | −0.0010% | 1h | 235.51 | +0.034% | $64K | $100K | 3x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 235.44 | +0.004% | $5.1M | $6.2M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 235.36 | −0.030% | $3.4M | $16.2M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 235.36 | −0.030% | $2.8M | $5.1M | 50x | as long as short |
| Bitget NBISUSDTshort | 0.0000% | 8h | 235.33 | −0.042% | $2.4M | $4.4M | 20x | |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 235.28 | −0.064% | $5K | $120K | 10x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 235.34 | −0.038% | $1K | $1.7M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | 0.0000% | 1h | 235.35 | −0.034% | $35K | $48K | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 235.57 | +0.059% | $15K | $60K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 235.37 | −0.025% | $1.6M | $960K | 10x | as long as short |
Nado NBIS-PERP
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
GRVT NBIS_USDT_Perp
SunX NBIS-USDT
Deribit NBIS_USDC-PERPETUAL
HTX NBIS-USDT
Phemex NBISUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX NBIS-USDlong | +0.0023% | 1h | 235.43 | long leg | $1.5M | $4.2M | 10x | |
| Arcus NBIS-USD | +0.0040% | 1h | 235.31 | −0.051% | $43K | $132K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 235.68 | +0.106% | — | $215K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 235.30 | −0.055% | $150K | $453K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 235.36 | −0.030% | $61 | $20K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 235.52 | +0.038% | $165K | $501K | 10x | as long as short |
| edgeX NBISUSDC | +0.0052% | 4h | 235.46 | +0.013% | $38K | $226K | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0066% | 1h | 235.19 | −0.102% | $55.1M | $19.6M | 10x | as long as short |
| Variational Omni NBIS | +0.0075% | 8h | 235.50 | +0.029% | $2.9M | $565K | — | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 235.24 | −0.081% | $484K | $21K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 235.36 | −0.030% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 235.31 | −0.050% | — | — | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0104% | 1h | 235.35 | −0.034% | $389K | $725K | 10x | as long as short |
| Aster NBISUSDT | +0.0113% | 8h | 235.42 | −0.005% | $81K | $307K | 50x | as long as short |
| BloFin NBIS-USDT | +0.0115% | 8h | 235.57 | +0.059% | $207K | $205K | 20x | as long as short |
| Binance NBISUSDT | +0.0119% | 8h | 235.43 | 0.000% | $19.2M | $84.5M | 25x | as long as short |
| Extended NBIS-USD | +0.0120% | 1h | 235.33 | −0.042% | $147K | $706K | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0151% | 1h | 235.30 | −0.056% | $24K | $15K | 20x | as long as short |
| Lighter NBIS | +0.0272% | 1h | 235.37 | −0.025% | $901K | $4.3M | 10x | as long as short |
| Phoenix NBIS | +0.0308% | 1h | 235.50 | +0.030% | $7K | $150K | 10x | as long as short |
| Entropy io:NBIS | +0.0524% | 1h | 235.42 | −0.004% | $10.2M | $3.3M | 10x | as long as short |
Arcus NBIS-USD
Vest NBIS-USD-PERP
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
Ondo Perps NBIS-USD.P
edgeX NBISUSDC
tradeXYZ xyz:NBIS
Variational Omni NBIS
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
Coinbase International NBIS-PERP-INTX
Aster NBISUSDT
BloFin NBIS-USDT
Binance NBISUSDT
Extended NBIS-USD
Kraken Futures PF_NBISUSD
Lighter NBIS
Phoenix NBIS
Entropy io:NBIS