NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0190%/8h= −20.8% APRnext payment −$0.24 per $10,000 · paid last 24h −0.073%

Price spread now: Nado against Entropy−0.147%7-day average — · you buy dearer than you sell

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

Long on Entropy Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropNado: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Nado is 0.147% cheaper against Entropy than usual: you would sell low and buy high (−$15 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	Entropy io:NBIS	233.61	0.0359	pay 0.0045% / 1h	41m 00s	$10.1M	$3.4M	10x
Short	Nado NBIS-PERP	233.27	0.0170	get 0.0021% / 1h	41m 00s	$69K	$93K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Entropy. 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 EntropybpFee NadobpOrdersPrice spread, now −0.147%Rate

Funding earned: −$39.86
Price spread: −0.147% → 0.000%: −$14.68
Slippage, 4 orders: no order book: not counted
Fee Entropy: 9 bp × 2 orders: −$18
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$79.53
Costs to cover: 0.250%
Break-even: never at this rate

Slippage unknown: Entropy: live order book, 4 min ago; Nado: 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 Entropy live order book, 4 min ago	1.71 bp	22.2 bp −$22	doesn't fit	doesn't fit	doesn't fit
Sell Nado no order-book sample	—	—	—	—	—

Nado: 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	233.62	+0.004%	$5.1M	$6.3M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	233.57	−0.017%	$3.4M	$16.5M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	233.59	−0.009%	$2.8M	$5.0M	50x	as long as short
Bitget NBISUSDT	0.0000%	8h	233.54	−0.030%	$2.4M	$4.5M	20x	as long as short
SunX NBIS-USDT	0.0000%	8h	233.48	−0.056%	$1K	$1.7M	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	233.78	+0.073%	$15K	$60K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	233.59	−0.009%	$1.6M	$972K	10x	as long as short
Deribit NBIS_USDC-PERPETUAL	+0.0007%	1h	233.40	−0.090%	$35K	$48K	10x	as long as short
QFEX NBIS-USD	+0.0024%	1h	233.45	−0.068%	$1.5M	$4.7M	10x	as long as short
Arcus NBIS-USD	+0.0040%	1h	233.55	−0.026%	$42K	$135K	5x	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	233.56	−0.021%	—	$226K	5x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	233.34	−0.116%	$148K	$468K	10x	as long as short
SoDEX NBIS-USD	+0.0050%	1h	233.42	−0.081%	$98	$20K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	233.39	−0.094%	$163K	$501K	10x	as long as short
GRVT NBIS_USDT_Perp	+0.0062%	8h	233.77	+0.066%	$5K	$130K	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0096%	1h	233.41	−0.087%	$24K	$15K	20x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	233.50	−0.047%	$481K	$21K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	233.45	−0.068%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	233.44	−0.071%	—	—	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0112%	1h	236.05	+1.044%	$386K	$721K	10x	as long as short
tradeXYZ xyz:NBIS	+0.0130%	1h	233.43	−0.077%	$54.7M	$22.9M	10x	as long as short
Nado NBIS-PERPshort	+0.0170%	1h	233.27	−0.147%	$69K	$93K	3x
Variational Omni NBIS	+0.0223%	8h	233.46	−0.065%	$2.8M	$570K	—	as long as short
Aster NBISUSDT	+0.0223%	8h	233.68	+0.032%	$81K	$314K	50x	as long as short
BloFin NBIS-USDT	+0.0234%	8h	234.04	+0.184%	$207K	$209K	20x	as long as short
Extended NBIS-USD	+0.0240%	1h	233.50	−0.046%	$150K	$705K	10x	as long as short
Binance NBISUSDT	+0.0244%	8h	233.61	0.000%	$19.2M	$85.3M	25x	as long as short
Lighter NBIS	+0.0296%	1h	233.57	−0.017%	$902K	$4.4M	10x	as long as short
Phoenix NBIS	+0.0306%	1h	234.04	+0.184%	$7K	$152K	10x	as long as short
edgeX NBISUSDC	+0.0339%	4h	233.68	+0.030%	$38K	$225K	10x	as long as short
Entropy io:NBISlong	+0.0359%	1h	233.61	long leg	$10.1M	$3.4M	10x