Funding you earn now, next payment 02:00 UTC+0.0045%/8h= +4.9% APRnext payment +$0.06 per $10,000 · paid last 24h +0.107%
Price spread now: Kraken Futures against SoDEX−0.022%7-day average — · you buy dearer than you sell
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
Funding pays, the price is against you. Kraken Futures is 0.022% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.022% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 39 hours of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX NBIS-USD | 235.36 | 0.0050 | pay 0.0006% / 1h | 59m 24s | $94 | $20K | 10x |
| Short | Kraken Futures PF_NBISUSD | 235.31 | 0.0095 | get 0.0012% / 1h | 59m 24s | $24K | $15K | 20x |
SoDEX NBIS-USD
Kraken Futures PF_NBISUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against SoDEX. 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
- $9.46
- Price spread: −0.022% → 0.000%
- −$2.22
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$10.76
- Costs to cover
- 0.180%
- Break-even
- 15.0 days
Slippage unknown: SoDEX: no order-book sample; Kraken Futures: 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
SoDEX and Kraken Futures: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit NBISUSDT | 0.0000% | 8h | 235.48 | +0.051% | $5.1M | $6.4M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 235.52 | +0.068% | $3.4M | $16.7M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 235.47 | +0.047% | $2.8M | $4.9M | 50x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 235.35 | −0.004% | $1K | $1.7M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | 0.0000% | 1h | 235.33 | −0.013% | $35K | $48K | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 235.61 | +0.106% | $15K | $66K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 235.40 | +0.017% | $1.6M | $972K | 10x | as long as short |
| QFEX NBIS-USD | +0.0038% | 1h | 235.43 | +0.030% | $1.5M | $4.9M | 10x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 235.85 | +0.208% | — | $223K | 5x | as long as short |
| tradeXYZ xyz:NBIS | +0.0050% | 1h | 235.51 | +0.064% | $55.1M | $23.6M | 10x | as long as short |
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
SunX NBIS-USDT
Deribit NBIS_USDC-PERPETUAL
HTX NBIS-USDT
Phemex NBISUSDT
QFEX NBIS-USD
Vest NBIS-USD-PERP
tradeXYZ xyz:NBISShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 235.46 | +0.042% | $142K | $462K | 10x | as long as short |
| SoDEX NBIS-USDlong | +0.0050% | 1h | 235.36 | long leg | $94 | $20K | 10x | |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 235.44 | +0.034% | $174K | $502K | 10x | as long as short |
| Kraken Futures PF_NBISUSDshort | +0.0095% | 1h | 235.31 | −0.022% | $24K | $15K | 20x | |
| KuCoin NBISUSDTM | +0.0100% | 8h | 235.40 | +0.017% | $485K | $22K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 235.50 | +0.059% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 235.40 | +0.018% | — | — | 10x | as long as short |
| Bitget NBISUSDT | +0.0106% | 8h | 235.50 | +0.059% | $2.5M | $4.6M | 20x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0112% | 1h | 236.05 | +0.293% | $386K | $736K | 10x | as long as short |
| Nado NBIS-PERP | +0.0134% | 1h | 235.47 | +0.046% | $31K | $66K | 3x | as long as short |
| BloFin NBIS-USDT | +0.0261% | 8h | 235.62 | +0.110% | $207K | $211K | 20x | as long as short |
| Variational Omni NBIS | +0.0263% | 8h | 235.53 | +0.072% | $2.9M | $591K | — | as long as short |
| Aster NBISUSDT | +0.0263% | 8h | 235.79 | +0.184% | $82K | $308K | 50x | as long as short |
| Binance NBISUSDT | +0.0287% | 8h | 235.52 | +0.069% | $19.6M | $85.3M | 25x | as long as short |
| Lighter NBIS | +0.0288% | 1h | 235.67 | +0.132% | $920K | $4.4M | 10x | as long as short |
| Extended NBIS-USD | +0.0288% | 1h | 235.41 | +0.023% | $151K | $705K | 10x | as long as short |
| GRVT NBIS_USDT_Perp | +0.0361% | 8h | 235.62 | +0.111% | $5K | $131K | 10x | as long as short |
| Arcus NBIS-USD | +0.0366% | 1h | 235.58 | +0.093% | $44K | $133K | 5x | as long as short |
| Entropy io:NBIS | +0.0388% | 1h | 235.61 | +0.106% | $10.3M | $3.4M | 10x | as long as short |
| Phoenix NBIS | +0.0409% | 1h | 235.61 | +0.106% | $7K | $149K | 10x | as long as short |
| edgeX NBISUSDC | +0.0981% | 4h | 235.58 | +0.093% | $38K | $227K | 10x | as long as short |
Polymarket Perps NBIS-USD
Ondo Perps NBIS-USD.P
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
Bitget NBISUSDT
Coinbase International NBIS-PERP-INTX
Nado NBIS-PERP
BloFin NBIS-USDT
Variational Omni NBIS
Aster NBISUSDT
Binance NBISUSDT
Lighter NBIS
Extended NBIS-USD
GRVT NBIS_USDT_Perp
Arcus NBIS-USD
Entropy io:NBIS
Phoenix NBIS
edgeX NBISUSDC