NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0186%/8h= −20.4% APRnext payment −$0.23 per $10,000 · paid last 24h −0.098%

Price spread now: Vest against Lighter+0.060%7-day average +0.418% · you sell dearer than you buy

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

Long on Lighter Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.126%−$13 on $10k

Price spread, last 4 days (all we have)+0.387%+$39 · spread now +0.060%, 7d avg +0.418%

Together, before fees+0.260%+ Points / potential airdropLighter: Season 3 · Vest: Active · farm board+$26 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Vest is 0.359% cheaper against Lighter than usual: you would sell low and buy high (−$36 if the spread goes back to its 7-day average of +0.418%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter NBIS	234.23	0.0232	pay 0.0029% / 1h	15m 26s	$904K	$4.4M	10x
Short	Vest NBIS-USD-PERP	234.37	0.0046	get 0.0006% / 1h	15m 26s	—	$215K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against Lighter. 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 LighterbpFee VestbpOrdersPrice spread, now +0.060%Rate

Funding earned: −$39.13
Price spread: +0.060% → +0.418%: −$35.85
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Vest: 1 bp × 2 orders: −$2
Net: −$76.98
Costs to cover: 0.020%
Break-even: never at this rate

Slippage unknown: Lighter: live order book, 2 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 Lighter live order book, 2 min ago	1.07 bp	1.1 bp −$1	2.5 bp −$25	52.7 bp −$5,265	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 30 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	234.24	+0.004%	$5.1M	$6.3M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	234.26	+0.013%	$3.4M	$16.4M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	234.25	+0.009%	$2.8M	$5.0M	50x	as long as short
Bitget NBISUSDT	0.0000%	8h	234.24	+0.004%	$2.4M	$4.5M	20x	as long as short
GRVT NBIS_USDT_Perp	0.0000%	8h	234.07	−0.066%	$5K	$128K	10x	as long as short
SunX NBIS-USDT	0.0000%	8h	234.28	+0.021%	$944	$1.7M	10x	as long as short
Deribit NBIS_USDC-PERPETUAL	0.0000%	1h	234.12	−0.047%	$35K	$48K	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	234.04	−0.081%	$15K	$60K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	234.16	−0.030%	$1.6M	$972K	10x	as long as short
QFEX NBIS-USD	+0.0024%	1h	234.28	+0.021%	$1.5M	$4.5M	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus NBIS-USD	+0.0040%	1h	234.09	−0.060%	$42K	$132K	5x	as long as short
Vest NBIS-USD-PERPshort	+0.0046%	1h	234.37	+0.060%	—	$215K	5x
Polymarket Perps NBIS-USD	+0.0050%	1h	234.17	−0.026%	$149K	$453K	10x	as long as short
SoDEX NBIS-USD	+0.0050%	1h	234.19	−0.017%	$56	$20K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	233.96	−0.115%	$164K	$498K	10x	as long as short
tradeXYZ xyz:NBIS	+0.0065%	1h	234.18	−0.021%	$54.7M	$20.0M	10x	as long as short
Nado NBIS-PERP	+0.0066%	1h	234.11	−0.050%	$67K	$95K	3x	as long as short
Kraken Futures PF_NBISUSD	+0.0096%	1h	234.04	−0.083%	$24K	$15K	20x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	234.17	−0.026%	$483K	$21K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	234.19	−0.017%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	234.20	−0.012%	—	—	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0112%	1h	233.89	−0.145%	$383K	$714K	10x	as long as short
Variational Omni NBIS	+0.0174%	8h	234.17	−0.025%	$2.8M	$571K	—	as long as short
Aster NBISUSDT	+0.0189%	8h	234.37	+0.059%	$81K	$314K	50x	as long as short
Extended NBIS-USD	+0.0200%	1h	234.15	−0.033%	$147K	$699K	10x	as long as short
Binance NBISUSDT	+0.0203%	8h	234.25	+0.006%	$19.2M	$84.8M	25x	as long as short
Lighter NBISlong	+0.0232%	1h	234.23	long leg	$904K	$4.4M	10x
Phoenix NBIS	+0.0306%	1h	234.27	+0.017%	$7K	$152K	10x	as long as short
Entropy io:NBIS	+0.0407%	1h	234.20	−0.013%	$10.2M	$3.3M	10x	as long as short
edgeX NBISUSDC	+0.0978%	4h	234.03	−0.086%	$38K	$227K	10x	as long as short