NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.007%

Price spread now: GRVT against Orderly−0.035%7-day average — · you buy dearer than you sell

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

Long on Orderly Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropGRVT: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and GRVT is 0.035% cheaper against Orderly than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_NBIS_USDC_mythos	230.98	0.0100	pay 0.0100% / 8h	20m 33s	$2K	$3K	10x
Short	GRVT NBIS_USDT_Perp	230.90	0	get 0.0000% / 8h	20m 33s	$4K	$115K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against Orderly. 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 OrderlybpFee GRVTbpOrdersPrice spread, now −0.035%Rate

Funding earned: −$21
Price spread: −0.035% → 0.000%: −$3.46
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$39.46
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; GRVT: live order book, 12 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 Orderly no order-book sample	—	—	—	—	—
Sell GRVT live order book, 12 min ago	1.51 bp	10.4 bp −$10	doesn't fit	doesn't fit	doesn't fit

Orderly: 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	−0.0405%	8h	231.13	+0.065%	$2.3M	$4.6M	20x	as long as short
BloFin NBIS-USDT	−0.0005%	8h	231.09	+0.048%	$205K	$209K	20x	as long as short
Aster NBISUSDT	0.0000%	8h	231.13	+0.065%	$84K	$311K	50x	as long as short
Extended NBIS-USD	0.0000%	1h	231.07	+0.038%	$144K	$879K	10x	as long as short
Binance NBISUSDT	0.0000%	8h	231.13	+0.065%	$18.8M	$87.9M	25x	as long as short
Bybit NBISUSDT	0.0000%	8h	231.14	+0.069%	$4.9M	$6.8M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	231.05	+0.030%	$3.3M	$16.0M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	231.07	+0.039%	$2.7M	$5.2M	50x	as long as short
Variational Omni NBIS	0.0000%	8h	230.98	+0.002%	$2.8M	$589K	—	as long as short
GRVT NBIS_USDT_Perpshort	0.0000%	8h	230.90	−0.035%	$4K	$115K	10x

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX NBIS-USDT	0.0000%	8h	231.04	+0.026%	$1K	$1.6M	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	231.10	+0.052%	$15K	$57K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	231.07	+0.039%	$1.6M	$970K	10x	as long as short
Arcus NBIS-USD	+0.0040%	1h	230.80	−0.078%	$42K	$131K	5x	as long as short
QFEX NBIS-USD	+0.0041%	1h	231.09	+0.048%	$1.5M	$3.7M	10x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	230.88	−0.043%	—	$223K	5x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	230.93	−0.022%	$137K	$473K	10x	as long as short
SoDEX NBIS-USD	+0.0050%	1h	231.01	+0.013%	$97	$20K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	230.63	−0.152%	$150K	$541K	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0056%	1h	230.39	−0.255%	$353K	$805K	10x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	230.89	−0.039%	$475K	$23K	20x	as long as short
Orderly PERP_NBIS_USDC_mythoslong	+0.0100%	8h	230.98	long leg	$2K	$3K	10x
tradeXYZ xyz:NBIS	+0.0101%	1h	230.95	−0.013%	$54.1M	$21.2M	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	230.93	−0.020%	—	—	10x	as long as short
Nado NBIS-PERP	+0.0168%	1h	230.92	−0.025%	$38K	$116K	3x	as long as short
Lighter NBIS	+0.0272%	1h	231.08	+0.043%	$945K	$4.1M	10x	as long as short
Phoenix NBIS	+0.0312%	1h	230.83	−0.065%	$7K	$125K	10x	as long as short
Deribit NBIS_USDC-PERPETUAL	+0.0313%	1h	230.91	−0.030%	$34K	$49K	10x	as long as short
Entropy io:NBIS	+0.0402%	1h	230.95	−0.013%	$10.1M	$3.1M	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0541%	1h	230.98	+0.001%	$23K	$15K	20x	as long as short
edgeX NBISUSDC	+0.0776%	4h	230.81	−0.074%	$37K	$227K	10x	as long as short