NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0185%/8h= +20.2% APRnext payment +$0.23 per $10,000 · paid last 24h +0.043%

Price spread now: Nado against Extended−0.048%7-day average +0.025% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$92as in the Price arb table

costs, in and out, $10k−$850.850% of the position

Long on Extended Short on Nado

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.060%+$6 on $10k

Price spread, last 4 days (all we have)+0.401%+$40 · spread now −0.048%, 7d avg +0.025%

Together, before fees+0.462%+ Points / potential airdropExtended: Active · Nado: Active · farm board+$46 on $10k · with fees, hour by hour

Funding pays, the price is against you. Nado is 0.072% cheaper against Extended than usual: you would sell low and buy high (spread −0.048% now, against its 7-day average of +0.025%). If the spread goes back, that is −$7 on $10k: about 31 hours of funding at the current rate (+$6 a day). At the pace of the last 4 days (+0.060% in total) that is about 4.2 days.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.060% in total (about 6.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.23 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	Extended NBIS-USD	231.14	0	get 0.0000% / 1h	15m 03s	$144K	$879K	10x
Short	Nado NBIS-PERP	231.02	0.0185	get 0.0023% / 1h	15m 03s	$38K	$116K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Extended. 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 ExtendedbpFee NadobpOrdersPrice spread, now −0.048%Rate

Funding earned: $38.78
Price spread: −0.048% → +0.025%: −$7.25
Slippage, 4 orders: −$72.97
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$53.43
Costs to cover: 0.850%
Break-even: 16.6 days

Slippage from Extended: live order book, 23 min ago; Nado: live order book, 18 min ago.

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 Extended live order book, 23 min ago	2.16 bp	12.0 bp −$12	173.2 bp −$1,732	doesn't fit	doesn't fit
Sell Nado live order book, 18 min ago	11.46 bp	31.6 bp −$32	doesn't fit	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
Bitget NBISUSDT	−0.0386%	8h	231.27	+0.058%	$2.3M	$4.6M	20x	as long as short
BloFin NBIS-USDT	−0.0005%	8h	231.23	+0.041%	$204K	$212K	20x	as long as short
Aster NBISUSDT	0.0000%	8h	231.23	+0.041%	$84K	$311K	50x	as long as short
Extended NBIS-USDlong	0.0000%	1h	231.14	long leg	$144K	$879K	10x
Binance NBISUSDT	0.0000%	8h	231.24	+0.046%	$18.8M	$87.9M	25x	as long as short
Bybit NBISUSDT	0.0000%	8h	231.20	+0.028%	$4.9M	$6.8M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	231.14	+0.002%	$3.3M	$16.0M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	231.18	+0.019%	$2.7M	$5.2M	50x	as long as short
Variational Omni NBIS	0.0000%	8h	231.19	+0.023%	$2.8M	$589K	—	as long as short
GRVT NBIS_USDT_Perp	0.0000%	8h	231.20	+0.028%	$4K	$115K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX NBIS-USDT	0.0000%	8h	231.20	+0.028%	$1K	$1.6M	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	231.32	+0.080%	$15K	$57K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	231.19	+0.024%	$1.6M	$969K	10x	as long as short
Arcus NBIS-USD	+0.0040%	1h	231.00	−0.059%	$42K	$131K	5x	as long as short
QFEX NBIS-USD	+0.0041%	1h	231.18	+0.019%	$1.5M	$3.7M	10x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	231.09	−0.020%	—	$223K	5x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	231.10	−0.015%	$137K	$473K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	231.22	+0.036%	$150K	$543K	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0056%	1h	230.39	−0.323%	$353K	$805K	10x	as long as short
SoDEX NBIS-USD	+0.0062%	1h	231.14	+0.002%	$88	$20K	10x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	231.01	−0.054%	$476K	$24K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	231.22	+0.036%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	231.16	+0.009%	—	—	10x	as long as short
tradeXYZ xyz:NBIS	+0.0114%	1h	231.15	+0.006%	$54.1M	$21.2M	10x	as long as short
Deribit NBIS_USDC-PERPETUAL	+0.0183%	1h	231.13	−0.002%	$34K	$49K	10x	as long as short
Nado NBIS-PERPshort	+0.0185%	1h	231.02	−0.048%	$38K	$116K	3x
Lighter NBIS	+0.0280%	1h	231.13	−0.002%	$942K	$4.1M	10x	as long as short
Phoenix NBIS	+0.0312%	1h	231.02	−0.050%	$7K	$125K	10x	as long as short
edgeX NBISUSDC	+0.0358%	4h	231.31	+0.077%	$37K	$228K	10x	as long as short
Entropy io:NBIS	+0.0421%	1h	231.05	−0.037%	$10.1M	$3.1M	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0540%	1h	231.13	−0.003%	$23K	$15K	20x	as long as short