NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.32 per $10,000 · paid last 24h −0.004%

Price spread now: Variational Omni against Binance−0.059%7-day average +0.033% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Binance Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.005%$0 on $10k

Price spread, last 2 days (all we have)+0.092%+$9 · spread now −0.059%, 7d avg +0.033%

Together, before fees+0.087%+ Points / potential airdropVariational Omni: Active · farm board+$9 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Variational Omni is 0.092% cheaper against Binance than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.033%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance NBISUSDT	235.70	0.0284	pay 0.0284% / 8h	7h 07m	$19.6M	$85.4M	25x
Short	Variational Omni NBIS	235.56	0.0252	get 0.0252% / 8h	7h 07m	$2.9M	$591K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Binance. 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 BinancebpFee Variational OmnibpOrdersPrice spread, now −0.059%Rate

Funding earned: −$6.72
Price spread: −0.059% → +0.033%: −$9.2
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$25.92
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 5 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 Binance live order book, 5 min ago	0.64 bp	8.0 bp −$8	10.8 bp −$108	58.2 bp −$5,825	doesn't fit
Sell Variational Omni RFQ quote, 2 min ago	3.67 bp	doesn't fit	21.3 bp −$213	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
Kraken Futures PF_NBISUSD	−0.0178%	1h	235.55	−0.065%	$24K	$15K	20x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	235.76	+0.025%	$3.4M	$16.8M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	235.62	−0.034%	$2.8M	$5.1M	50x	as long as short
SunX NBIS-USDT	0.0000%	8h	235.71	+0.004%	$1K	$1.7M	10x	as long as short
Deribit NBIS_USDC-PERPETUAL	0.0000%	1h	235.54	−0.068%	$35K	$48K	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	236.48	+0.331%	$15K	$106K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	235.69	−0.004%	$1.6M	$972K	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0016%	1h	236.05	+0.148%	$386K	$737K	10x	as long as short
QFEX NBIS-USD	+0.0038%	1h	235.66	−0.017%	$1.5M	$4.9M	10x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	235.91	+0.089%	—	$224K	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit NBISUSDT	+0.0050%	8h	235.76	+0.025%	$5.1M	$6.4M	50x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	235.52	−0.076%	$175K	$503K	10x	as long as short
SoDEX NBIS-USD	+0.0084%	1h	235.59	−0.047%	$80	$20K	10x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	235.48	−0.093%	$486K	$23K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	235.64	−0.025%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	235.60	−0.041%	—	—	10x	as long as short
Bitget NBISUSDT	+0.0119%	8h	235.65	−0.021%	$2.5M	$4.6M	20x	as long as short
Nado NBIS-PERP	+0.0148%	1h	235.50	−0.086%	$31K	$66K	3x	as long as short
Polymarket Perps NBIS-USD	+0.0181%	1h	235.62	−0.034%	$142K	$462K	10x	as long as short
Variational Omni NBISshort	+0.0252%	8h	235.56	−0.059%	$2.9M	$591K	—
Aster NBISUSDT	+0.0260%	8h	235.81	+0.047%	$82K	$308K	50x	as long as short
Extended NBIS-USD	+0.0280%	1h	235.65	−0.023%	$151K	$705K	10x	as long as short
Binance NBISUSDTlong	+0.0284%	8h	235.70	long leg	$19.6M	$85.4M	25x
BloFin NBIS-USDT	+0.0284%	8h	235.45	−0.106%	$207K	$210K	20x	as long as short
Lighter NBIS	+0.0296%	1h	235.75	+0.021%	$920K	$4.5M	10x	as long as short
tradeXYZ xyz:NBIS	+0.0303%	1h	235.72	+0.008%	$55.2M	$23.6M	10x	as long as short
Arcus NBIS-USD	+0.0366%	1h	235.60	−0.042%	$44K	$132K	5x	as long as short
Phoenix NBIS	+0.0409%	1h	235.90	+0.085%	$7K	$163K	10x	as long as short
GRVT NBIS_USDT_Perp	+0.0440%	8h	235.92	+0.092%	$5K	$131K	10x	as long as short
edgeX NBISUSDC	+0.0735%	4h	235.65	−0.023%	$38K	$225K	10x	as long as short
Entropy io:NBIS	+0.0863%	1h	235.62	−0.034%	$10.3M	$3.4M	10x	as long as short