Funding you earn now, next payment 04:00 UTC+0.0038%/8h= +4.2% APRpaid last 24h −0.012%
Price spread now: QFEX against Variational Omni+0.005%7-day average −0.062% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.076%−$8 on $10k
+Price spread, last 7 days−0.041%−$4 · spread now +0.005%, 7d avg −0.062%
=Together, before fees−0.117%+ Points / potential airdropVariational Omni: Active · farm board−$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and QFEX is 0.067% dearer against Variational Omni than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.062%. Mind the row above: over the last 3 days funding on this pair cost −0.076%, 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 | Variational Omni NBIS | 235.25 | 0 | get 0.0000% / 8h | 4h 12m | $2.9M | $561K | — |
| Short | QFEX NBIS-USD | 235.26 | 0.0038 | get 0.0005% / 1h | 12m 01s | $1.5M | $4.2M | 10x |
Variational Omni NBIS
QFEX NBIS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Variational Omni. 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
- $8.03
- Price spread: +0.005% → −0.062%
- $6.67
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- $4.7
- Costs to cover
- 0.100%
- Break-even
- 2.9 days
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; QFEX: live order book, 7 min ago. 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 Variational Omni RFQ quote, 2 min ago | 2.78 bp | doesn't fit | 37.4 bp −$374 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 7 min ago | 2.13 bp | 8.3 bp −$8 | 10.7 bp −$107 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado NBIS-PERP | −0.0069% | 1h | 235.08 | −0.072% | $38K | $115K | 3x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 235.46 | +0.090% | $5.0M | $6.3M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 235.33 | +0.035% | $3.4M | $16.2M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 235.32 | +0.030% | $2.8M | $5.0M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 235.38 | +0.056% | $2.4M | $4.4M | 20x | as long as short |
| Variational Omni NBISlong | 0.0000% | 8h | 235.25 | long leg | $2.9M | $561K | — | |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 235.29 | +0.017% | $5K | $120K | 10x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 235.38 | +0.056% | $1K | $1.7M | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 235.24 | −0.004% | $15K | $60K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 235.36 | +0.047% | $1.6M | $955K | 10x | as long as short |
Nado NBIS-PERP
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Bitget NBISUSDT
GRVT NBIS_USDT_Perp
SunX NBIS-USDT
HTX NBIS-USDT
Phemex NBISUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX NBISUSDC | +0.0029% | 4h | 235.20 | −0.021% | $38K | $227K | 10x | as long as short |
| BloFin NBIS-USDT | +0.0029% | 8h | 235.38 | +0.056% | $207K | $205K | 20x | as long as short |
| Aster NBISUSDT | +0.0034% | 8h | 235.33 | +0.035% | $79K | $310K | 50x | as long as short |
| QFEX NBIS-USDshort | +0.0038% | 1h | 235.26 | +0.005% | $1.5M | $4.2M | 10x | |
| Binance NBISUSDT | +0.0040% | 8h | 235.34 | +0.040% | $19.4M | $84.5M | 25x | as long as short |
| Extended NBIS-USD | +0.0040% | 1h | 235.30 | +0.020% | $150K | $701K | 10x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 235.18 | −0.029% | $43K | $132K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 235.50 | +0.107% | — | $216K | 5x | as long as short |
| tradeXYZ xyz:NBIS | +0.0050% | 1h | 235.28 | +0.013% | $54.9M | $19.9M | 10x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 235.25 | 0.000% | $149K | $453K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 235.29 | +0.017% | $52 | $21K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 235.24 | −0.004% | $161K | $503K | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0056% | 1h | 235.56 | +0.132% | $389K | $724K | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 235.09 | −0.068% | $484K | $21K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 235.29 | +0.017% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 235.25 | +0.001% | — | — | 10x | as long as short |
| Lighter NBIS | +0.0152% | 1h | 235.28 | +0.013% | $903K | $4.1M | 10x | as long as short |
| Phoenix NBIS | +0.0272% | 1h | 235.26 | +0.005% | $7K | $150K | 10x | as long as short |
| Entropy io:NBIS | +0.0411% | 1h | 235.24 | −0.004% | $10.2M | $3.2M | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0477% | 1h | 235.25 | +0.002% | $24K | $15K | 20x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.0686% | 1h | 235.25 | 0.000% | $35K | $48K | 10x | as long as short |
edgeX NBISUSDC
BloFin NBIS-USDT
Aster NBISUSDT
Binance NBISUSDT
Extended NBIS-USD
Arcus NBIS-USD
Vest NBIS-USD-PERP
tradeXYZ xyz:NBIS
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
Lighter NBIS
Phoenix NBIS
Entropy io:NBIS
Kraken Futures PF_NBISUSD
Deribit NBIS_USDC-PERPETUAL