NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0531%/8h= +58.2% APRnext payment +$0.66 per $10,000 · paid last 24h +0.072%

Price spread now: Entropy against Nado−0.026%7-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 Entropy

What this pair did over the last

the charts below follow

Funding, last 3 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

Funding pays, the price is against you. Entropy is 0.026% cheaper against Nado than usual: you would sell low and buy high (spread −0.026% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 4 hours of funding at the current rate (+$16 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado NBIS-PERP	235.46	−0.0008	get 0.0001% / 1h	4m 51s	$64K	$99K	3x
Short	Entropy io:NBIS	235.40	0.0523	get 0.0065% / 1h	4m 51s	$10.2M	$3.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Entropy 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 EntropybpOrdersPrice spread, now −0.026%Rate

Funding earned: $111.54
Price spread: −0.026% → 0.000%: −$2.6
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Entropy: 9 bp × 2 orders: −$18
Net: $83.94
Costs to cover: 0.250%
Break-even: 1.7 days

Slippage unknown: Nado: no order-book sample; Entropy: live order book, 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 Nado no order-book sample	—	—	—	—	—
Sell Entropy live order book, 2 min ago	0.64 bp	13.8 bp −$14	doesn't fit	doesn't fit	doesn't fit

Nado: 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
Nado NBIS-PERPlong	−0.0008%	1h	235.46	long leg	$64K	$99K	3x
Bybit NBISUSDT	0.0000%	8h	235.62	+0.067%	$5.1M	$6.2M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	235.59	+0.055%	$3.4M	$16.2M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	235.58	+0.050%	$2.8M	$5.1M	50x	as long as short
Bitget NBISUSDT	0.0000%	8h	235.59	+0.055%	$2.4M	$4.4M	20x	as long as short
GRVT NBIS_USDT_Perp	0.0000%	8h	235.28	−0.077%	$5K	$120K	10x	as long as short
SunX NBIS-USDT	0.0000%	8h	235.57	+0.046%	$1K	$1.7M	10x	as long as short
Deribit NBIS_USDC-PERPETUAL	0.0000%	1h	235.47	+0.004%	$35K	$48K	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	235.57	+0.046%	$15K	$60K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	235.58	+0.050%	$1.6M	$960K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX NBIS-USD	+0.0023%	1h	235.50	+0.016%	$1.5M	$4.2M	10x	as long as short
Arcus NBIS-USD	+0.0040%	1h	235.26	−0.085%	$43K	$132K	5x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	235.79	+0.140%	—	$215K	5x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	235.48	+0.008%	$150K	$453K	10x	as long as short
SoDEX NBIS-USD	+0.0050%	1h	235.53	+0.029%	$61	$20K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	235.42	−0.018%	$165K	$500K	10x	as long as short
edgeX NBISUSDC	+0.0052%	4h	235.46	0.000%	$38K	$226K	10x	as long as short
tradeXYZ xyz:NBIS	+0.0069%	1h	235.51	+0.021%	$55.2M	$19.6M	10x	as long as short
Variational Omni NBIS	+0.0075%	8h	235.50	+0.016%	$2.9M	$565K	—	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	235.31	−0.064%	$485K	$21K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	235.54	+0.033%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	235.53	+0.031%	—	—	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0104%	1h	235.35	−0.047%	$389K	$725K	10x	as long as short
Aster NBISUSDT	+0.0115%	8h	235.45	−0.003%	$81K	$307K	50x	as long as short
BloFin NBIS-USDT	+0.0115%	8h	235.57	+0.046%	$207K	$205K	20x	as long as short
Binance NBISUSDT	+0.0119%	8h	235.60	+0.061%	$19.2M	$84.5M	25x	as long as short
Extended NBIS-USD	+0.0120%	1h	235.54	+0.032%	$147K	$706K	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0151%	1h	235.38	−0.032%	$24K	$15K	20x	as long as short
Lighter NBIS	+0.0272%	1h	235.57	+0.046%	$902K	$4.3M	10x	as long as short
Phoenix NBIS	+0.0308%	1h	235.50	+0.016%	$7K	$150K	10x	as long as short
Entropy io:NBISshort	+0.0523%	1h	235.40	−0.026%	$10.2M	$3.3M	10x