NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.001%

Price spread now: Polymarket Perps against Deribit+0.051%7-day average — · you sell dearer than you buy

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

Long on Deribit Short on Polymarket Perps

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 for this trade now. Funding pays +$2 a day on $10k at the current rate, and Polymarket Perps is 0.051% dearer against Deribit than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit NBIS_USDC-PERPETUAL	233.65	0	get 0.0000% / 1h	15m 58s	$35K	$47K	10x
Short	Polymarket Perps NBIS-USD	233.77	0.0050	get 0.0006% / 1h	15m 58s	$132K	$683K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Deribit. 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 DeribitbpFee Polymarket PerpsbpOrdersPrice spread, now +0.051%Rate

Funding earned: $10.5
Price spread: +0.051% → 0.000%: $5.14
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: $0.64
Costs to cover: 0.150%
Break-even: 6.6 days

Slippage unknown: Deribit: no order-book sample; Polymarket Perps: live order book, 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 Deribit no order-book sample	—	—	—	—	—
Sell Polymarket Perps live order book, 2 min ago	1.71 bp	5.7 bp −$6	6.2 bp −$62	25.2 bp −$2,522	doesn't fit

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
Bybit NBISUSDT	0.0000%	8h	233.64	−0.004%	$5.2M	$6.5M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	233.70	+0.021%	$3.4M	$17.0M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	233.71	+0.026%	$2.8M	$5.3M	50x	as long as short
Bitget NBISUSDT	0.0000%	8h	233.71	+0.026%	$2.5M	$4.8M	20x	as long as short
SunX NBIS-USDT	0.0000%	8h	233.79	+0.060%	$1K	$1.8M	10x	as long as short
Deribit NBIS_USDC-PERPETUALlong	0.0000%	1h	233.65	long leg	$35K	$47K	10x
HTX NBIS-USDT	0.0000%	8h	233.89	+0.103%	$15K	$115K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	233.78	+0.056%	$1.6M	$970K	10x	as long as short
QFEX NBIS-USD	+0.0038%	1h	233.74	+0.039%	$1.5M	$5.1M	10x	as long as short
Variational Omni NBIS	+0.0039%	8h	234.04	+0.165%	$2.9M	$825K	—	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus NBIS-USD	+0.0040%	1h	233.75	+0.043%	$44K	$133K	5x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	233.86	+0.090%	—	$234K	5x	as long as short
Polymarket Perps NBIS-USDshort	+0.0050%	1h	233.77	+0.051%	$132K	$683K	10x
SoDEX NBIS-USD	+0.0050%	1h	233.75	+0.043%	$19	$20K	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0072%	1h	232.99	−0.282%	$356K	$697K	10x	as long as short
BloFin NBIS-USDT	+0.0079%	8h	233.78	+0.056%	$205K	$214K	20x	as long as short
Aster NBISUSDT	+0.0095%	8h	233.76	+0.048%	$79K	$304K	50x	as long as short
Ondo Perps NBIS-USD.P	+0.0100%	1h	233.84	+0.081%	$173K	$499K	10x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	233.50	−0.064%	$481K	$25K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	233.78	+0.056%	$2K	$3K	10x	as long as short
Binance NBISUSDT	+0.0102%	8h	233.75	+0.043%	$19.4M	$86.9M	25x	as long as short
Extended NBIS-USD	+0.0104%	1h	233.68	+0.014%	$142K	$697K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	233.78	+0.054%	—	—	10x	as long as short
GRVT NBIS_USDT_Perp	+0.0117%	8h	233.96	+0.132%	$5K	$142K	10x	as long as short
tradeXYZ xyz:NBIS	+0.0201%	1h	233.76	+0.047%	$54.5M	$23.5M	10x	as long as short
Lighter NBIS	+0.0224%	1h	233.85	+0.086%	$930K	$4.6M	10x	as long as short
Nado NBIS-PERP	+0.0257%	1h	233.66	+0.003%	$28K	$63K	3x	as long as short
Entropy io:NBIS	+0.0309%	1h	233.85	+0.086%	$10.2M	$3.3M	10x	as long as short
Phoenix NBIS	+0.0343%	1h	233.99	+0.146%	$7K	$185K	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0346%	1h	233.57	−0.033%	$24K	$13K	20x	as long as short
edgeX NBISUSDC	+0.0431%	4h	234.04	+0.168%	$37K	$234K	10x	as long as short