NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0072%/8h= −7.9% APRpaid last 24h −0.036%

Price spread now: Variational Omni against Coinbase International+0.327%7-day average −0.100% · you sell dearer than you buy

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

Long on Coinbase International Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.138%−$14 on $10k

Price spread, last 3 days (all we have)−0.400%−$40 · spread now +0.327%, 7d avg −0.100%

Together, before fees−0.537%+ Points / potential airdropVariational Omni: Active · farm board−$54 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Variational Omni is 0.427% dearer against Coinbase International than usual: you sell high and buy low (spread +0.327% now, against its 7-day average of −0.100%): +$43 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 20 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International NBIS-PERP-INTX	232.99	0.0072	pay 0.0009% / 1h	27m 21s	$356K	$698K	10x
Short	Variational Omni NBIS	233.75	0	get 0.0000% / 8h	1h 27m	$2.8M	$825K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now +0.327%Rate

Funding earned: −$15.12
Price spread: +0.327% → −0.100%: $42.7
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $17.58
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Coinbase International: live order book, 56 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 Coinbase International live order book, 56 min ago	10.50 bp	16.2 bp −$16	22.0 bp −$220	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 2 min ago	3.68 bp	doesn't fit	50.6 bp −$506	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	233.98	+0.425%	$5.2M	$6.5M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	233.98	+0.425%	$3.4M	$17.0M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	233.93	+0.403%	$2.8M	$5.3M	50x	as long as short
Bitget NBISUSDT	0.0000%	8h	234.00	+0.433%	$2.5M	$4.8M	20x	as long as short
Variational Omni NBISshort	0.0000%	8h	233.75	+0.327%	$2.8M	$825K	—
SunX NBIS-USDT	0.0000%	8h	234.06	+0.459%	$808	$1.8M	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	233.80	+0.348%	$15K	$115K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	233.96	+0.416%	$1.6M	$965K	10x	as long as short
QFEX NBIS-USD	+0.0038%	1h	233.96	+0.416%	$1.5M	$5.1M	10x	as long as short
Arcus NBIS-USD	+0.0040%	1h	233.92	+0.399%	$44K	$133K	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin NBIS-USDT	+0.0041%	8h	234.10	+0.476%	$205K	$214K	20x	as long as short
Aster NBISUSDT	+0.0042%	8h	233.56	+0.246%	$79K	$304K	50x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	233.99	+0.429%	—	$234K	5x	as long as short
Extended NBIS-USD	+0.0048%	1h	233.97	+0.422%	$141K	$697K	10x	as long as short
Binance NBISUSDT	+0.0049%	8h	234.01	+0.438%	$19.4M	$86.9M	25x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	233.90	+0.391%	$148K	$657K	10x	as long as short
SoDEX NBIS-USD	+0.0050%	1h	233.97	+0.421%	$33	$20K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	233.86	+0.373%	$173K	$499K	10x	as long as short
GRVT NBIS_USDT_Perp	+0.0062%	8h	233.98	+0.425%	$5K	$144K	10x	as long as short
Coinbase International NBIS-PERP-INTXlong	+0.0072%	1h	232.99	long leg	$356K	$698K	10x
Deribit NBIS_USDC-PERPETUAL	+0.0092%	1h	233.90	+0.391%	$35K	$47K	10x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	233.65	+0.283%	$482K	$25K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	233.95	+0.412%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	233.90	+0.390%	—	—	10x	as long as short
tradeXYZ xyz:NBIS	+0.0189%	1h	233.95	+0.412%	$54.6M	$23.5M	10x	as long as short
Lighter NBIS	+0.0208%	1h	234.01	+0.438%	$934K	$4.6M	10x	as long as short
Nado NBIS-PERP	+0.0221%	1h	233.84	+0.366%	$28K	$63K	3x	as long as short
Entropy io:NBIS	+0.0276%	1h	233.83	+0.361%	$10.2M	$3.3M	10x	as long as short
Phoenix NBIS	+0.0343%	1h	234.00	+0.433%	$7K	$185K	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0346%	1h	233.86	+0.373%	$24K	$13K	20x	as long as short
edgeX NBISUSDC	+0.0361%	4h	233.97	+0.420%	$37K	$233K	10x	as long as short