NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h −0.054%

Price spread now: Extended against tradeXYZ+0.003%7-day average −0.037% · you sell dearer than you buy

Net, funding: paid 7d − costs−$71as in the Funding arb table

Net, price: spread back to 7d avg − costs−$44as in the Price arb table

costs, in and out, $10k−$480.484% of the position

Long on tradeXYZ Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.225%−$23 on $10k

Price spread, last 4 days (all we have)+0.068%+$7 · spread now +0.003%, 7d avg −0.037%

Together, before fees−0.157%+ Points / potential airdroptradeXYZ: Active · Extended: Active · farm board−$16 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Extended is 0.041% dearer against tradeXYZ than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.037%. Mind the row above: over the last 7 days funding on this pair cost −0.225%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:NBIS	234.62	0.0078	pay 0.0010% / 1h	21m 30s	$55.0M	$19.6M	10x
Short	Extended NBIS-USD	234.63	0.0128	get 0.0016% / 1h	21m 30s	$146K	$702K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against tradeXYZ. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee tradeXYZbpFee ExtendedbpOrdersPrice spread, now +0.003%Rate

Funding earned: $10.54
Price spread: +0.003% → −0.037%: $4.07
Slippage, 4 orders: −$25.38
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$33.77
Costs to cover: 0.484%
Break-even: 29.4 days

Slippage from tradeXYZ: live order book, 7 min ago; Extended: live order book, 41 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 tradeXYZ live order book, 7 min ago	0.85 bp	11.7 bp −$12	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 41 min ago	2.57 bp	12.5 bp −$13	118.0 bp −$1,180	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
Bybit NBISUSDT	0.0000%	8h	234.70	+0.034%	$5.0M	$6.2M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	234.61	−0.004%	$3.4M	$16.2M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	234.70	+0.034%	$2.8M	$5.0M	50x	as long as short
Bitget NBISUSDT	0.0000%	8h	234.66	+0.017%	$2.4M	$4.4M	20x	as long as short
GRVT NBIS_USDT_Perp	0.0000%	8h	234.58	−0.017%	$4K	$127K	10x	as long as short
SunX NBIS-USDT	0.0000%	8h	234.61	−0.004%	$1K	$1.7M	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	234.54	−0.034%	$15K	$60K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	234.67	+0.021%	$1.6M	$961K	10x	as long as short
Nado NBIS-PERP	+0.0011%	1h	234.37	−0.106%	$65K	$98K	3x	as long as short
QFEX NBIS-USD	+0.0023%	1h	234.67	+0.021%	$1.5M	$4.3M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus NBIS-USD	+0.0040%	1h	234.44	−0.077%	$42K	$132K	5x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	234.82	+0.085%	—	$215K	5x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	234.62	0.000%	$149K	$453K	10x	as long as short
SoDEX NBIS-USD	+0.0050%	1h	234.58	−0.017%	$38	$21K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	234.46	−0.068%	$164K	$498K	10x	as long as short
tradeXYZ xyz:NBISlong	+0.0078%	1h	234.62	long leg	$55.0M	$19.6M	10x
Variational Omni NBIS	+0.0091%	8h	234.48	−0.061%	$2.9M	$568K	—	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	234.40	−0.094%	$483K	$21K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	234.61	−0.004%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	234.60	−0.008%	—	—	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0104%	1h	233.53	−0.465%	$382K	$712K	10x	as long as short
Aster NBISUSDT	+0.0122%	8h	234.69	+0.028%	$81K	$307K	50x	as long as short
BloFin NBIS-USDT	+0.0127%	8h	234.60	−0.009%	$207K	$204K	20x	as long as short
Extended NBIS-USDshort	+0.0128%	1h	234.63	+0.003%	$146K	$702K	10x
Binance NBISUSDT	+0.0132%	8h	234.67	+0.020%	$19.2M	$84.5M	25x	as long as short
Kraken Futures PF_NBISUSD	+0.0152%	1h	234.54	−0.033%	$23K	$15K	20x	as long as short
Lighter NBIS	+0.0264%	1h	234.58	−0.017%	$902K	$4.3M	10x	as long as short
Phoenix NBIS	+0.0308%	1h	234.63	+0.004%	$7K	$150K	10x	as long as short
Deribit NBIS_USDC-PERPETUAL	+0.0433%	1h	234.49	−0.055%	$35K	$48K	10x	as long as short
Entropy io:NBIS	+0.0503%	1h	234.54	−0.034%	$10.2M	$3.3M	10x	as long as short
edgeX NBISUSDC	+0.0972%	4h	234.37	−0.107%	$38K	$226K	10x	as long as short