Funding you earn now, next payment 00:00 UTC−0.0086%/8h= −9.4% APRpaid last 24h +0.046%
Price spread now: Variational Omni against Arcus+0.030%7-day average +0.064% · 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)−0.051%−$5 on $10k
+Price spread, last 4 days (all we have)+0.922%+$92 · spread now +0.030%, 7d avg +0.064%
=Together, before fees+0.871%+ Points / potential airdropVariational Omni: Active · farm board+$87 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Variational Omni is 0.033% cheaper against Arcus than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.064%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus NBIS-USD | 234.31 | 0.0269 | pay 0.0034% / 1h | 47m 08s | $44K | $134K | 5x |
| Short | Variational Omni NBIS | 234.38 | 0.0183 | get 0.0183% / 8h | 47m 08s | $2.9M | $821K | — |
Arcus NBIS-USD
Variational Omni NBISFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Arcus. 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
- −$17.98
- Price spread: +0.030% → +0.064%
- −$3.33
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$25.81
- Costs to cover
- 0.045%
- Break-even
- never at this rate
Slippage unknown: Arcus: live order book, 31 min ago; Variational Omni: RFQ quote, 2 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 Arcus live order book, 31 min ago | 4.06 bp | 6.3 bp −$6 | 9.4 bp −$94 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 2 min ago | 2.80 bp | doesn't fit | 38.9 bp −$389 | 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 | 234.40 | +0.038% | $5.2M | $6.5M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 234.44 | +0.055% | $3.4M | $17.0M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 234.41 | +0.043% | $2.8M | $5.3M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 234.37 | +0.026% | $2.5M | $4.8M | 20x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 234.34 | +0.013% | $874 | $1.8M | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | 0.0000% | 1h | 233.76 | −0.235% | $358K | $699K | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 234.37 | +0.026% | $15K | $115K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 234.38 | +0.030% | $1.6M | $967K | 10x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 234.49 | +0.077% | — | $234K | 5x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 234.40 | +0.038% | $33 | $20K | 10x | as long as short |
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Bitget NBISUSDT
SunX NBIS-USDT
Coinbase International NBIS-PERP-INTX
HTX NBIS-USDT
Phemex NBISUSDT
Vest NBIS-USD-PERP
SoDEX NBIS-USDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 234.35 | +0.017% | $147K | $706K | 10x | as long as short |
| QFEX NBIS-USD | +0.0051% | 1h | 234.33 | +0.009% | $1.5M | $5.1M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.0092% | 1h | 234.26 | −0.021% | $35K | $48K | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 234.23 | −0.034% | $483K | $25K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 234.36 | +0.021% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 234.41 | +0.041% | — | — | 10x | as long as short |
| Variational Omni NBISshort | +0.0183% | 8h | 234.38 | +0.030% | $2.9M | $821K | — | |
| Aster NBISUSDT | +0.0227% | 8h | 234.32 | +0.004% | $79K | $306K | 50x | as long as short |
| Nado NBIS-PERP | +0.0231% | 1h | 234.21 | −0.041% | $28K | $63K | 3x | as long as short |
| Extended NBIS-USD | +0.0240% | 1h | 234.33 | +0.009% | $142K | $697K | 10x | as long as short |
| Binance NBISUSDT | +0.0242% | 8h | 234.39 | +0.033% | $19.4M | $86.3M | 25x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0248% | 1h | 234.24 | −0.028% | $24K | $13K | 20x | as long as short |
| BloFin NBIS-USDT | +0.0260% | 8h | 234.47 | +0.068% | $206K | $214K | 20x | as long as short |
| GRVT NBIS_USDT_Perp | +0.0261% | 8h | 234.41 | +0.043% | $5K | $139K | 10x | as long as short |
| Arcus NBIS-USDlong | +0.0269% | 1h | 234.31 | long leg | $44K | $134K | 5x | |
| tradeXYZ xyz:NBIS | +0.0300% | 1h | 234.43 | +0.051% | $54.7M | $23.3M | 10x | as long as short |
| edgeX NBISUSDC | +0.0320% | 4h | 234.32 | +0.003% | $38K | $235K | 10x | as long as short |
| Lighter NBIS | +0.0368% | 1h | 234.47 | +0.068% | $931K | $4.6M | 10x | as long as short |
| Phoenix NBIS | +0.0376% | 1h | 234.42 | +0.047% | $7K | $163K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0427% | 1h | 234.33 | +0.009% | $174K | $498K | 10x | as long as short |
| Entropy io:NBIS | +0.0503% | 1h | 234.36 | +0.021% | $10.2M | $3.3M | 10x | as long as short |
Polymarket Perps NBIS-USD
QFEX NBIS-USD
Deribit NBIS_USDC-PERPETUAL
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
Aster NBISUSDT
Nado NBIS-PERP
Extended NBIS-USD
Binance NBISUSDT
Kraken Futures PF_NBISUSD
BloFin NBIS-USDT
GRVT NBIS_USDT_Perp
tradeXYZ xyz:NBIS
edgeX NBISUSDC
Lighter NBIS
Phoenix NBIS
Ondo Perps NBIS-USD.P
Entropy io:NBIS