Funding you earn now, next payment 09:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.008%
Price spread now: Variational Omni against Ondo Perps+0.030%7-day average +0.070% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.013%+$1 on $10k
+Price spread, last 4 days (all we have)+0.798%+$80 · spread now +0.030%, 7d avg +0.070%
=Together, before fees+0.810%+ Points / potential airdropOndo Perps: Active · Variational Omni: Active · farm board+$81 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Variational Omni is 0.040% cheaper against Ondo Perps than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.070%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps NBIS-USD.P | 227.85 | 0.0050 | pay 0.0006% / 1h | 35m 42s | $148K | $537K | 10x |
| Short | Variational Omni NBIS | 227.92 | 0 | get 0.0000% / 8h | 7h 35m | $2.8M | $577K | — |
Ondo Perps NBIS-USD.P
Variational Omni NBISFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$10.58
- Price spread: +0.030% → +0.070%
- −$4.03
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$19.61
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Variational Omni: RFQ quote, 3 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 Variational Omni RFQ quote, 3 min ago | 3.25 bp | doesn't fit | 42.6 bp −$426 | 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 | −0.0272% | 8h | 227.84 | −0.004% | $2.3M | $4.5M | 20x | as long as short |
| BloFin NBIS-USDT | −0.0016% | 8h | 228.98 | +0.496% | $201K | $212K | 20x | as long as short |
| Coinbase International NBIS-PERP-INTX | −0.0008% | 1h | 227.95 | +0.044% | $353K | $801K | 10x | as long as short |
| Aster NBISUSDT | 0.0000% | 8h | 227.95 | +0.043% | $80K | $313K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 227.83 | −0.010% | $146K | $877K | 10x | as long as short |
| Binance NBISUSDT | 0.0000% | 8h | 227.82 | −0.013% | $18.5M | $88.7M | 25x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 227.86 | +0.004% | $4.8M | $6.7M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 227.81 | −0.018% | $3.2M | $15.8M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 227.78 | −0.031% | $2.7M | $5.1M | 50x | as long as short |
| Variational Omni NBISshort | 0.0000% | 8h | 227.92 | +0.030% | $2.8M | $577K | — |
Bitget NBISUSDT
BloFin NBIS-USDT
Coinbase International NBIS-PERP-INTX
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 228.78 | +0.406% | $4K | $114K | 10x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 228.14 | +0.127% | $1K | $1.6M | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 228.00 | +0.066% | $15K | $61K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 228.01 | +0.070% | $1.5M | $971K | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.0013% | 1h | 227.84 | −0.004% | $34K | $49K | 10x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 227.99 | +0.061% | $42K | $124K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 227.82 | −0.013% | — | $224K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 227.76 | −0.039% | $135K | $466K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 228.02 | +0.075% | $68 | $20K | 10x | as long as short |
| Ondo Perps NBIS-USD.Plong | +0.0050% | 1h | 227.85 | long leg | $148K | $537K | 10x | |
| Nado NBIS-PERP | +0.0063% | 1h | 227.81 | −0.018% | $38K | $116K | 3x | as long as short |
| QFEX NBIS-USD | +0.0064% | 1h | 227.86 | +0.004% | $1.5M | $3.7M | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0078% | 1h | 227.66 | −0.083% | $53.1M | $21.5M | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 227.72 | −0.057% | $468K | $58K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 228.04 | +0.083% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 227.97 | +0.052% | — | — | 10x | as long as short |
| Lighter NBIS | +0.0128% | 1h | 227.76 | −0.039% | $912K | $4.0M | 10x | as long as short |
| Phoenix NBIS | +0.0277% | 1h | 229.09 | +0.544% | $7K | $125K | 10x | as long as short |
| Entropy io:NBIS | +0.0305% | 1h | 228.18 | +0.145% | $9.9M | $3.1M | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0685% | 1h | 227.88 | +0.012% | $22K | $16K | 20x | as long as short |
| edgeX NBISUSDC | +0.0808% | 4h | 228.81 | +0.420% | $37K | $227K | 10x | as long as short |
GRVT NBIS_USDT_Perp
SunX NBIS-USDT
HTX NBIS-USDT
Phemex NBISUSDT
Deribit NBIS_USDC-PERPETUAL
Arcus NBIS-USD
Vest NBIS-USD-PERP
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
Nado NBIS-PERP
QFEX NBIS-USD
tradeXYZ xyz:NBIS
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
Lighter NBIS
Phoenix NBIS
Entropy io:NBIS
Kraken Futures PF_NBISUSD
edgeX NBISUSDC