NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0449%/8h= −49.1% APRnext payment −$4.49 per $10,000 · paid last 24h −0.048%

Price spread now: Orderly against Bybit−0.025%7-day average — · you buy dearer than you sell

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

Long on Bybit Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Orderly is 0.025% cheaper against Bybit 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.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit NBISUSDT	235.70	0.0549	pay 0.0549% / 8h	7h 54m	$5.1M	$6.5M	50x
Short	Orderly PERP_NBIS_USDC_mythos	235.64	0.0100	get 0.0100% / 8h	7h 54m	$2K	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Bybit. 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 BybitbpFee OrderlybpOrdersPrice spread, now −0.025%Rate

Funding earned: −$94.26
Price spread: −0.025% → 0.000%: −$2.55
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$113.8
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 4 min ago; Orderly: 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 Bybit live order book, 4 min ago	1.06 bp	13.9 bp −$14	77.3 bp −$773	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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
Kraken Futures PF_NBISUSD	−0.0179%	1h	235.43	−0.115%	$24K	$15K	20x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	235.66	−0.017%	$3.4M	$17.1M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	235.46	−0.102%	$2.8M	$5.1M	50x	as long as short
Bitget NBISUSDT	0.0000%	8h	235.64	−0.025%	$2.5M	$4.7M	20x	as long as short
SunX NBIS-USDT	0.0000%	8h	235.57	−0.055%	$1K	$1.7M	10x	as long as short
Deribit NBIS_USDC-PERPETUAL	0.0000%	1h	235.53	−0.072%	$35K	$48K	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	235.69	−0.004%	$15K	$113K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	235.58	−0.051%	$1.6M	$973K	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0016%	1h	234.10	−0.679%	$359K	$678K	10x	as long as short
QFEX NBIS-USD	+0.0038%	1h	235.53	−0.072%	$1.5M	$5.2M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest NBIS-USD-PERP	+0.0046%	1h	235.83	+0.055%	—	$234K	5x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	235.03	−0.284%	$174K	$505K	10x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	235.46	−0.102%	$485K	$25K	20x	as long as short
Orderly PERP_NBIS_USDC_mythosshort	+0.0100%	8h	235.64	−0.025%	$2K	$3K	10x
Aevo NBIS-PERP	+0.0104%	1h	234.52	−0.500%	—	—	10x	as long as short
Nado NBIS-PERP	+0.0190%	1h	235.50	−0.083%	$29K	$63K	3x	as long as short
Variational Omni NBIS	+0.0195%	8h	235.77	+0.029%	$2.9M	$817K	—	as long as short
Aster NBISUSDT	+0.0214%	8h	235.76	+0.024%	$81K	$308K	50x	as long as short
Extended NBIS-USD	+0.0232%	1h	235.57	−0.054%	$138K	$700K	10x	as long as short
Binance NBISUSDT	+0.0232%	8h	235.61	−0.036%	$19.5M	$86.1M	25x	as long as short
BloFin NBIS-USDT	+0.0252%	8h	235.56	−0.059%	$206K	$213K	20x	as long as short
Arcus NBIS-USD	+0.0366%	1h	235.24	−0.195%	$44K	$134K	5x	as long as short
Phoenix NBIS	+0.0376%	1h	234.94	−0.322%	$7K	$163K	10x	as long as short
edgeX NBISUSDC	+0.0438%	4h	235.44	−0.111%	$38K	$228K	10x	as long as short
Lighter NBIS	+0.0480%	1h	235.65	−0.021%	$930K	$4.4M	10x	as long as short
Bybit NBISUSDTlong	+0.0549%	8h	235.70	long leg	$5.1M	$6.5M	50x
GRVT NBIS_USDT_Perp	+0.0566%	8h	235.49	−0.089%	$5K	$137K	10x	as long as short
Entropy io:NBIS	+0.0781%	1h	235.32	−0.161%	$10.3M	$3.4M	10x	as long as short
SoDEX NBIS-USD	+0.0961%	1h	235.60	−0.042%	$9	$20K	10x	as long as short
Polymarket Perps NBIS-USD	+0.1864%	1h	235.56	−0.059%	$137K	$428K	10x	as long as short
tradeXYZ xyz:NBIS	+0.1887%	1h	235.51	−0.081%	$54.9M	$23.4M	10x	as long as short