NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0048%/8h= −5.2% APRnext payment −$0.06 per $10,000 · paid last 24h −0.029%

Price spread now: Deribit against Nado−0.072%46s7-day average — · you buy dearer than you sell

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

Long on Nado Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 4 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 −$1 a day on $10k at the current rate, and Deribit is 0.072% cheaper against Nado than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado NBIS-PERP	226.72	0.0063	pay 0.0008% / 1h	28m 20s	$38K	$116K	3x
Short	Deribit NBIS_USDC-PERPETUAL	226.56	0.0015	get 0.0002% / 1h	28m 20s	$34K	$49K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Nado. 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 NadobpFee DeribitbpOrdersPrice spread, now −0.072%Rate

Funding earned: −$10.02
Price spread: −0.072% → 0.000%: −$7.18
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$31.2
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Nado: live order book, 65 min ago; Deribit: 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 Nado live order book, 65 min ago	11.46 bp	29.3 bp −$29	506.7 bp −$5,067	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: 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
Bitget NBISUSDT	−0.0242%	8h	226.98	+0.113%	$2.3M	$4.5M	20x	as long as short
BloFin NBIS-USDT	−0.0010%	8h	227.05	+0.144%	$202K	$211K	20x	as long as short
Coinbase International NBIS-PERP-INTX	−0.0008%	1h	227.70	+0.431%	$353K	$800K	10x	as long as short
Aster NBISUSDT	0.0000%	8h	226.88	+0.070%	$80K	$313K	50x	as long as short
Extended NBIS-USD	0.0000%	1h	226.78	+0.026%	$145K	$854K	10x	as long as short
Binance NBISUSDT	0.0000%	8h	227.03	+0.135%	$18.4M	$89.5M	25x	as long as short
Bybit NBISUSDT	0.0000%	8h	226.91	+0.083%	$4.8M	$6.7M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	226.78	+0.025%	$3.2M	$15.9M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	226.86	+0.061%	$2.7M	$5.1M	50x	as long as short
Variational Omni NBIS	0.0000%	8h	227.51	+0.348%	$2.8M	$596K	—	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT NBIS_USDT_Perp	0.0000%	8h	227.49	+0.338%	$4K	$113K	10x	as long as short
SunX NBIS-USDT	0.0000%	8h	227.25	+0.233%	$1K	$1.6M	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	227.25	+0.233%	$13K	$62K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	227.07	+0.153%	$1.5M	$971K	10x	as long as short
Deribit NBIS_USDC-PERPETUALshort	+0.0015%	1h	226.56	−0.072%	$34K	$49K	10x
Arcus NBIS-USD	+0.0040%	1h	226.70	−0.010%	$41K	$124K	5x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	226.69	−0.014%	—	$246K	5x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	226.67	−0.023%	$134K	$466K	10x	as long as short
SoDEX NBIS-USD	+0.0050%	1h	226.87	+0.065%	$68	$20K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	226.75	+0.012%	$146K	$532K	10x	as long as short
Nado NBIS-PERPlong	+0.0063%	1h	226.72	long leg	$38K	$116K	3x
QFEX NBIS-USD	+0.0064%	1h	226.90	+0.078%	$1.5M	$3.7M	10x	as long as short
tradeXYZ xyz:NBIS	+0.0075%	1h	226.82	+0.043%	$52.9M	$21.5M	10x	as long as short
Lighter NBIS	+0.0088%	1h	226.77	+0.021%	$904K	$4.0M	10x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	226.75	+0.012%	$466K	$66K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	226.85	+0.056%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	226.79	+0.028%	—	—	10x	as long as short
Phoenix NBIS	+0.0277%	1h	227.44	+0.316%	$7K	$125K	10x	as long as short
Entropy io:NBIS	+0.0291%	1h	227.11	+0.171%	$9.9M	$3.1M	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0688%	1h	226.70	−0.008%	$21K	$16K	20x	as long as short
edgeX NBISUSDC	+0.0926%	4h	227.34	+0.272%	$37K	$228K	10x	as long as short