NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0859%/8h= −94.1% APRnext payment −$1.07 per $10,000 · paid last 24h −0.125%

Price spread now: Vest against Entropy+0.182%7-day average +0.389% · you sell dearer than you buy

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

Long on Entropy Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.101%−$10 on $10k

Price spread, last 3 days (all we have)−0.123%−$12 · spread now +0.182%, 7d avg +0.389%

Together, before fees−0.225%+ Points / potential airdropVest: Active · farm board−$22 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$26 a day on $10k at the current rate, and Vest is 0.206% cheaper against Entropy than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of +0.389%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.101% in total (about -11.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.07 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Entropy io:NBIS	235.93	0.0905	pay 0.0113% / 1h	27m 11s	$10.3M	$3.4M	10x
Short	Vest NBIS-USD-PERP	236.36	0.0046	get 0.0006% / 1h	27m 11s	—	$224K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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 VestbpOrdersPrice spread, now +0.182%Rate

Funding earned: −$180.42
Price spread: +0.182% → +0.389%: −$20.64
Slippage, 4 orders: no order book: not counted
Fee Entropy: 9 bp × 2 orders: −$18
Fee Vest: 1 bp × 2 orders: −$2
Net: −$221.06
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Entropy: live order book, 10 min ago; Vest: 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, 10 min ago	1.91 bp	21.5 bp −$21	doesn't fit	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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	−0.0178%	1h	236.22	+0.122%	$24K	$15K	20x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	236.31	+0.161%	$3.4M	$16.8M	25x	as long as short
SunX NBIS-USDT	0.0000%	8h	236.28	+0.148%	$1K	$1.7M	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	236.25	+0.136%	$15K	$112K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	236.37	+0.186%	$1.6M	$972K	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0016%	1h	236.05	+0.051%	$386K	$739K	10x	as long as short
QFEX NBIS-USD	+0.0038%	1h	236.16	+0.097%	$1.5M	$5.0M	10x	as long as short
Gate NBIS_USDT	+0.0043%	8h	236.27	+0.144%	$2.8M	$5.1M	50x	as long as short
Vest NBIS-USD-PERPshort	+0.0046%	1h	236.36	+0.182%	—	$224K	5x
Ondo Perps NBIS-USD.P	+0.0050%	1h	235.64	−0.123%	$175K	$504K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget NBISUSDT	+0.0083%	8h	236.35	+0.178%	$2.5M	$4.6M	20x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	236.02	+0.038%	$487K	$23K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	236.36	+0.182%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	236.31	+0.162%	—	—	10x	as long as short
Bybit NBISUSDT	+0.0120%	8h	236.34	+0.174%	$5.1M	$6.5M	50x	as long as short
Nado NBIS-PERP	+0.0191%	1h	236.05	+0.049%	$31K	$66K	3x	as long as short
SoDEX NBIS-USD	+0.0201%	1h	236.31	+0.161%	$57	$20K	10x	as long as short
Variational Omni NBIS	+0.0230%	8h	235.75	−0.077%	$2.9M	$820K	—	as long as short
Aster NBISUSDT	+0.0250%	8h	236.01	+0.032%	$82K	$308K	50x	as long as short
BloFin NBIS-USDT	+0.0253%	8h	236.22	+0.123%	$207K	$212K	20x	as long as short
Binance NBISUSDT	+0.0270%	8h	236.31	+0.161%	$19.7M	$85.7M	25x	as long as short
Extended NBIS-USD	+0.0272%	1h	236.26	+0.138%	$151K	$897K	10x	as long as short
Deribit NBIS_USDC-PERPETUAL	+0.0301%	1h	236.20	+0.114%	$35K	$48K	10x	as long as short
Lighter NBIS	+0.0336%	1h	236.37	+0.186%	$930K	$4.5M	10x	as long as short
Polymarket Perps NBIS-USD	+0.0351%	1h	236.29	+0.153%	$134K	$436K	10x	as long as short
Arcus NBIS-USD	+0.0366%	1h	235.87	−0.025%	$44K	$132K	5x	as long as short
Phoenix NBIS	+0.0409%	1h	236.14	+0.089%	$7K	$163K	10x	as long as short
GRVT NBIS_USDT_Perp	+0.0435%	8h	235.71	−0.094%	$5K	$133K	10x	as long as short
tradeXYZ xyz:NBIS	+0.0453%	1h	236.24	+0.131%	$55.3M	$23.7M	10x	as long as short
Entropy io:NBISlong	+0.0905%	1h	235.93	long leg	$10.3M	$3.4M	10x
edgeX NBISUSDC	+0.0983%	4h	236.10	+0.073%	$38K	$227K	10x	as long as short