Funding you earn now, next payment 03:00 UTC−0.0046%/8h= −5.1% APRnext payment −$0.06 per $10,000 · paid last 24h +0.052%
Price spread now: Nado against SoDEX−0.034%47s7-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
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Nado is 0.034% cheaper against SoDEX than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX NBIS-USD | 234.35 | 0.0050 | pay 0.0006% / 1h | 24m 36s | $37 | $20K | 10x |
| Short | Nado NBIS-PERP | 234.27 | 0.0004 | get 0.0000% / 1h | 24m 36s | $65K | $98K | 3x |
SoDEX NBIS-USD
Nado NBIS-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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
- −$9.74
- Price spread: −0.034% → 0.000%
- −$3.4
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$28.13
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: SoDEX: no order-book sample; Nado: 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 Nado no order-book sample | — | — | — | — | — |
SoDEX and Nado: 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 | 234.47 | +0.051% | $5.0M | $6.2M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 234.29 | −0.026% | $3.4M | $16.2M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 234.42 | +0.030% | $2.8M | $5.0M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 234.34 | −0.004% | $2.4M | $4.4M | 20x | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 234.49 | +0.058% | $4K | $127K | 10x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 234.43 | +0.034% | $1K | $1.7M | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 234.54 | +0.081% | $15K | $60K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 234.41 | +0.026% | $1.6M | $962K | 10x | as long as short |
| Nado NBIS-PERPshort | +0.0004% | 1h | 234.27 | −0.034% | $65K | $98K | 3x | |
| QFEX NBIS-USD | +0.0023% | 1h | 234.31 | −0.017% | $1.5M | $4.3M | 10x | as long as short |
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Bitget NBISUSDT
GRVT NBIS_USDT_Perp
SunX NBIS-USDT
HTX NBIS-USDT
Phemex NBISUSDT
QFEX NBIS-USDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus NBIS-USD | +0.0040% | 1h | 234.36 | +0.004% | $42K | $132K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 234.60 | +0.107% | — | $215K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 234.36 | +0.004% | $149K | $453K | 10x | as long as short |
| SoDEX NBIS-USDlong | +0.0050% | 1h | 234.35 | long leg | $37 | $20K | 10x | |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 234.46 | +0.047% | $164K | $498K | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0074% | 1h | 234.29 | −0.026% | $54.9M | $19.6M | 10x | as long as short |
| Variational Omni NBIS | +0.0091% | 8h | 234.48 | +0.054% | $2.9M | $568K | — | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 234.18 | −0.073% | $483K | $21K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 234.40 | +0.021% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 234.38 | +0.014% | — | — | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0104% | 1h | 233.53 | −0.350% | $382K | $712K | 10x | as long as short |
| BloFin NBIS-USDT | +0.0114% | 8h | 234.39 | +0.017% | $206K | $204K | 20x | as long as short |
| Aster NBISUSDT | +0.0122% | 8h | 234.64 | +0.123% | $81K | $307K | 50x | as long as short |
| Extended NBIS-USD | +0.0128% | 1h | 234.30 | −0.021% | $146K | $702K | 10x | as long as short |
| Binance NBISUSDT | +0.0131% | 8h | 234.41 | +0.024% | $19.1M | $84.5M | 25x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0152% | 1h | 234.32 | −0.014% | $23K | $15K | 20x | as long as short |
| Lighter NBIS | +0.0248% | 1h | 234.42 | +0.030% | $901K | $4.3M | 10x | as long as short |
| Phoenix NBIS | +0.0308% | 1h | 234.85 | +0.213% | $7K | $150K | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.0391% | 1h | 234.30 | −0.021% | $35K | $48K | 10x | as long as short |
| Entropy io:NBIS | +0.0482% | 1h | 234.41 | +0.026% | $10.2M | $3.3M | 10x | as long as short |
| edgeX NBISUSDC | +0.0699% | 4h | 234.45 | +0.041% | $38K | $226K | 10x | as long as short |
Arcus NBIS-USD
Vest NBIS-USD-PERP
Polymarket Perps NBIS-USD
Ondo Perps NBIS-USD.P
tradeXYZ xyz:NBIS
Variational Omni NBIS
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
Coinbase International NBIS-PERP-INTX
BloFin NBIS-USDT
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
Kraken Futures PF_NBISUSD
Lighter NBIS
Phoenix NBIS
Deribit NBIS_USDC-PERPETUAL
Entropy io:NBIS
edgeX NBISUSDC