Funding you earn now, next payment 06:00 UTC−0.0009%/8h= −1.0% APRnext payment −$0.01 per $10,000 · paid last 24h +0.045%
Price spread now: Nado against Ondo Perps−0.118%52s7-day average +0.014% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.025%+$3 on $10k
+Price spread, last 4 days (all we have)+0.181%+$18 · spread now −0.118%, 7d avg +0.014%
=Together, before fees+0.206%+ Points / potential airdropOndo Perps: Active · Nado: Active · farm board+$21 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Nado is 0.132% cheaper against Ondo Perps than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.014%). Swap the legs. The two prices were read 52 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 | Ondo Perps NBIS-USD.P | 232.29 | 0.0050 | pay 0.0006% / 1h | 6m 48s | $151K | $548K | 10x |
| Short | Nado NBIS-PERP | 232.02 | 0.0041 | get 0.0005% / 1h | 6m 48s | $38K | $115K | 3x |
Ondo Perps NBIS-USD.P
Nado NBIS-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Ondo Perps. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$1.93
- Price spread: −0.118% → +0.014%
- −$13.19
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$27.13
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Nado: live order book, 37 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Nado live order book, 37 min ago | 11.23 bp | 30.5 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
Ondo Perps: 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 | −0.0429% | 8h | 232.30 | +0.004% | $2.3M | $4.6M | 20x | as long as short |
| BloFin NBIS-USDT | −0.0009% | 8h | 232.38 | +0.039% | $203K | $206K | 20x | as long as short |
| Aster NBISUSDT | 0.0000% | 8h | 232.08 | −0.089% | $85K | $311K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 232.17 | −0.050% | $146K | $753K | 10x | as long as short |
| Binance NBISUSDT | 0.0000% | 8h | 232.33 | +0.016% | $18.6M | $87.0M | 25x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 232.30 | +0.004% | $4.9M | $6.5M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 232.19 | −0.043% | $3.3M | $16.2M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 232.29 | 0.000% | $2.7M | $5.1M | 50x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 232.26 | −0.011% | $2.8M | $602K | — | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 232.32 | +0.013% | $5K | $117K | 10x | as long as short |
Bitget NBISUSDT
BloFin NBIS-USDT
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Variational Omni NBIS
GRVT NBIS_USDT_PerpShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX NBIS-USDT | 0.0000% | 8h | 232.23 | −0.026% | $1K | $1.6M | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 232.23 | −0.026% | $15K | $61K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 232.32 | +0.013% | $1.6M | $957K | 10x | as long as short |
| QFEX NBIS-USD | +0.0029% | 1h | 232.30 | +0.004% | $1.5M | $3.9M | 10x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 232.07 | −0.095% | $42K | $132K | 5x | as long as short |
| Nado NBIS-PERPshort | +0.0041% | 1h | 232.02 | −0.118% | $38K | $115K | 3x | |
| edgeX NBISUSDC | +0.0045% | 4h | 232.19 | −0.043% | $37K | $226K | 10x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 232.29 | 0.000% | — | $220K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 232.26 | −0.013% | $138K | $473K | 10x | as long as short |
| Ondo Perps NBIS-USD.Plong | +0.0050% | 1h | 232.29 | long leg | $151K | $548K | 10x | |
| KuCoin NBISUSDTM | +0.0100% | 8h | 232.06 | −0.099% | $478K | $20K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 232.24 | −0.022% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 232.20 | −0.039% | — | — | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0113% | 1h | 232.22 | −0.030% | $54.6M | $21.1M | 10x | as long as short |
| SoDEX NBIS-USD | +0.0158% | 1h | 232.30 | +0.004% | $79 | $20K | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0168% | 1h | 231.92 | −0.159% | $351K | $815K | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0222% | 1h | 232.31 | +0.008% | $23K | $15K | 20x | as long as short |
| Phoenix NBIS | +0.0242% | 1h | 232.31 | +0.009% | $7K | $150K | 10x | as long as short |
| Lighter NBIS | +0.0264% | 1h | 232.24 | −0.022% | $939K | $4.0M | 10x | as long as short |
| Entropy io:NBIS | +0.0395% | 1h | 232.03 | −0.112% | $10.1M | $3.2M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.0957% | 1h | 232.25 | −0.017% | $34K | $49K | 10x | as long as short |
SunX NBIS-USDT
HTX NBIS-USDT
Phemex NBISUSDT
QFEX NBIS-USD
Arcus NBIS-USD
edgeX NBISUSDC
Vest NBIS-USD-PERP
Polymarket Perps NBIS-USD
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
tradeXYZ xyz:NBIS
SoDEX NBIS-USD
Coinbase International NBIS-PERP-INTX
Kraken Futures PF_NBISUSD
Phoenix NBIS
Lighter NBIS
Entropy io:NBIS
Deribit NBIS_USDC-PERPETUAL