NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0154%/8h= −16.8% APRnext payment −$1.54 per $10,000 · paid last 24h +0.002%

Price spread now: Variational Omni against GRVT+0.119%7-day average −0.013% · you sell dearer than you buy

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

Long on GRVT Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)0.000%$0 on $10k

Price spread, last 3 days (all we have)−0.147%−$15 · spread now +0.119%, 7d avg −0.013%

Together, before fees−0.147%+ Points / potential airdropGRVT: Active · Variational Omni: Active · farm board−$15 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Variational Omni is 0.132% dearer against GRVT than usual: you sell high and buy low (spread +0.119% now, against its 7-day average of −0.013%): +$13 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 2.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT NBIS_USDT_Perp	235.42	0.0368	pay 0.0368% / 8h	7h 37m	$5K	$136K	10x
Short	Variational Omni NBIS	235.70	0.0214	get 0.0214% / 8h	7h 37m	$2.9M	$817K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against GRVT. 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 GRVTbpFee Variational OmnibpOrdersPrice spread, now +0.119%Rate

Funding earned: −$32.29
Price spread: +0.119% → −0.013%: $13.19
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$28.1
Costs to cover: 0.090%
Break-even: from the start

Slippage unknown: GRVT: live order book, 30 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 GRVT live order book, 30 min ago	2.98 bp	10.2 bp −$10	24.0 bp −$240	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 2 min ago	4.12 bp	doesn't fit	56.3 bp −$563	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
Kraken Futures PF_NBISUSD	−0.0178%	1h	235.81	+0.162%	$24K	$15K	20x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	235.91	+0.206%	$3.4M	$16.8M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	235.74	+0.134%	$2.8M	$5.1M	50x	as long as short
SunX NBIS-USDT	0.0000%	8h	235.42	−0.002%	$1K	$1.7M	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	235.70	+0.117%	$15K	$112K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	235.96	+0.228%	$1.6M	$973K	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0016%	1h	236.05	+0.266%	$386K	$739K	10x	as long as short
Bitget NBISUSDT	+0.0030%	8h	235.87	+0.189%	$2.5M	$4.7M	20x	as long as short
QFEX NBIS-USD	+0.0038%	1h	235.75	+0.138%	$1.5M	$5.0M	10x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	235.88	+0.194%	—	$224K	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps NBIS-USD.P	+0.0050%	1h	235.43	+0.003%	$174K	$505K	10x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	235.60	+0.075%	$486K	$24K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	235.79	+0.155%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	235.76	+0.142%	—	—	10x	as long as short
Bybit NBISUSDT	+0.0149%	8h	236.02	+0.253%	$5.1M	$6.5M	50x	as long as short
SoDEX NBIS-USD	+0.0174%	1h	235.64	+0.092%	$24	$20K	10x	as long as short
Nado NBIS-PERP	+0.0181%	1h	235.54	+0.051%	$29K	$63K	3x	as long as short
Variational Omni NBISshort	+0.0214%	8h	235.70	+0.119%	$2.9M	$817K	—
Aster NBISUSDT	+0.0230%	8h	235.91	+0.206%	$82K	$308K	50x	as long as short
Extended NBIS-USD	+0.0248%	1h	235.86	+0.184%	$137K	$954K	10x	as long as short
Binance NBISUSDT	+0.0251%	8h	235.97	+0.232%	$19.6M	$85.6M	25x	as long as short
BloFin NBIS-USDT	+0.0267%	8h	236.00	+0.245%	$207K	$212K	20x	as long as short
Lighter NBIS	+0.0288%	1h	236.02	+0.253%	$928K	$4.5M	10x	as long as short
Arcus NBIS-USD	+0.0366%	1h	235.44	+0.007%	$44K	$132K	5x	as long as short
GRVT NBIS_USDT_Perplong	+0.0368%	8h	235.42	long leg	$5K	$136K	10x
Phoenix NBIS	+0.0409%	1h	235.59	+0.071%	$7K	$163K	10x	as long as short
Deribit NBIS_USDC-PERPETUAL	+0.0429%	1h	235.87	+0.189%	$35K	$48K	10x	as long as short
Polymarket Perps NBIS-USD	+0.0467%	1h	235.80	+0.160%	$135K	$433K	10x	as long as short
tradeXYZ xyz:NBIS	+0.0582%	1h	235.80	+0.160%	$55.1M	$23.6M	10x	as long as short
edgeX NBISUSDC	+0.0863%	4h	235.35	−0.031%	$38K	$228K	10x	as long as short
Entropy io:NBIS	+0.0892%	1h	235.53	+0.045%	$10.3M	$3.4M	10x	as long as short