NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0088%/8h= −9.6% APRnext payment −$0.11 per $10,000 · paid last 24h −0.038%

Price spread now: Deribit against Coinbase International−0.156%7-day average — · you buy dearer than you sell

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

Long on Coinbase International Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 4 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 −$3 a day on $10k at the current rate, and Deribit is 0.156% cheaper against Coinbase International than usual: you would sell low and buy high (−$16 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	Coinbase International NBIS-PERP-INTX	230.78	0.0088	pay 0.0011% / 1h	54m 35s	$382K	$869K	10x
Short	Deribit NBIS_USDC-PERPETUAL	230.42	0	get 0.0000% / 1h	54m 35s	$34K	$50K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Coinbase International. 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 Coinbase InternationalbpFee DeribitbpOrdersPrice spread, now −0.156%Rate

Funding earned: −$18.48
Price spread: −0.156% → 0.000%: −$15.6
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$51.08
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Coinbase International: live order book, 39 min ago; Deribit: 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 Coinbase International live order book, 39 min ago	6.59 bp	11.7 bp −$12	20.7 bp −$207	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: 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
Bitget NBISUSDT	−0.0041%	8h	230.46	−0.139%	$2.3M	$4.7M	20x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	230.31	−0.204%	$3.2M	$16.4M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	230.42	−0.156%	$2.7M	$5.0M	50x	as long as short
SunX NBIS-USDT	0.0000%	8h	231.17	+0.169%	$1K	$1.6M	10x	as long as short
Deribit NBIS_USDC-PERPETUALshort	0.0000%	1h	230.42	−0.156%	$34K	$50K	10x
Phemex NBISUSDT	0.0000%	8h	230.45	−0.143%	$1.6M	$971K	10x	as long as short
Variational Omni NBIS	+0.0011%	8h	231.16	+0.165%	$2.8M	$639K	—	as long as short
Aster NBISUSDT	+0.0028%	8h	230.65	−0.054%	$74K	$320K	50x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	230.72	−0.026%	—	$246K	5x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	230.57	−0.091%	$137K	$467K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps NBIS-USD.P	+0.0050%	1h	230.99	+0.091%	$149K	$538K	10x	as long as short
QFEX NBIS-USD	+0.0054%	1h	230.40	−0.165%	$1.5M	$3.7M	10x	as long as short
BloFin NBIS-USDT	+0.0058%	8h	230.56	−0.095%	$201K	$215K	20x	as long as short
Extended NBIS-USD	+0.0064%	1h	230.38	−0.173%	$145K	$856K	10x	as long as short
Binance NBISUSDT	+0.0064%	8h	230.47	−0.134%	$18.7M	$90.8M	25x	as long as short
Coinbase International NBIS-PERP-INTXlong	+0.0088%	1h	230.78	long leg	$382K	$869K	10x
KuCoin NBISUSDTM	+0.0100%	8h	230.51	−0.117%	$467K	$107K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	230.77	−0.004%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	231.08	+0.131%	—	—	10x	as long as short
Nado NBIS-PERP	+0.0107%	1h	230.56	−0.094%	$38K	$116K	3x	as long as short
Bybit NBISUSDT	+0.0146%	8h	230.55	−0.100%	$4.9M	$6.8M	50x	as long as short
HTX NBIS-USDT	+0.0157%	8h	230.95	+0.074%	$13K	$62K	20x	as long as short
SoDEX NBIS-USD	+0.0209%	1h	230.54	−0.104%	$74	$20K	10x	as long as short
tradeXYZ xyz:NBIS	+0.0251%	1h	230.38	−0.173%	$54.1M	$21.8M	10x	as long as short
Arcus NBIS-USD	+0.0257%	1h	230.38	−0.173%	$42K	$124K	5x	as long as short
Phoenix NBIS	+0.0277%	1h	230.93	+0.065%	$7K	$127K	10x	as long as short
Lighter NBIS	+0.0296%	1h	230.48	−0.130%	$925K	$4.0M	10x	as long as short
Entropy io:NBIS	+0.0681%	1h	230.57	−0.091%	$10.1M	$3.2M	10x	as long as short
edgeX NBISUSDC	+0.0719%	4h	231.07	+0.126%	$37K	$226K	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0771%	1h	230.52	−0.112%	$22K	$16K	20x	as long as short
GRVT NBIS_USDT_Perp	+0.0822%	8h	231.19	+0.178%	$5K	$114K	10x	as long as short