NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0084%/8h= +9.3% APRnext payment +$0.84 per $10,000 · paid last 24h −0.006%

Price spread now: Variational Omni against Orderly−0.021%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 Variational Omni

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 airdropVariational Omni: Active · farm boardneeds both histories

Funding pays, the price is against you. Variational Omni is 0.021% cheaper against Orderly than usual: you would sell low and buy high (spread −0.021% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 20 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_NBIS_USDC_mythos	234.17	0.0100	pay 0.0100% / 8h	6h 20m	$2K	$3K	10x
Short	Variational Omni NBIS	234.12	0.0184	get 0.0184% / 8h	6h 20m	$2.8M	$571K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now −0.021%Rate

Funding earned: $17.74
Price spread: −0.021% → 0.000%: −$2.06
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $9.68
Costs to cover: 0.060%
Break-even: 3.2 days

Slippage unknown: Orderly: 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 Orderly no order-book sample	—	—	—	—	—
Sell Variational Omni RFQ quote, 3 min ago	2.77 bp	doesn't fit	48.3 bp −$483	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 30 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
Bybit NBISUSDT	0.0000%	8h	234.17	0.000%	$5.1M	$6.3M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	234.13	−0.017%	$3.4M	$16.4M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	234.14	−0.013%	$2.8M	$5.0M	50x	as long as short
Bitget NBISUSDT	0.0000%	8h	234.12	−0.021%	$2.4M	$4.5M	20x	as long as short
GRVT NBIS_USDT_Perp	0.0000%	8h	234.22	+0.021%	$5K	$129K	10x	as long as short
SunX NBIS-USDT	0.0000%	8h	234.11	−0.026%	$1K	$1.7M	10x	as long as short
Deribit NBIS_USDC-PERPETUAL	0.0000%	1h	234.06	−0.047%	$35K	$48K	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	234.47	+0.128%	$15K	$60K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	234.15	−0.009%	$1.6M	$972K	10x	as long as short
QFEX NBIS-USD	+0.0024%	1h	234.17	0.000%	$1.5M	$4.6M	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus NBIS-USD	+0.0040%	1h	234.11	−0.026%	$42K	$132K	5x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	234.41	+0.102%	—	$215K	5x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	234.11	−0.026%	$149K	$453K	10x	as long as short
SoDEX NBIS-USD	+0.0050%	1h	234.13	−0.017%	$61	$20K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	234.27	+0.043%	$164K	$499K	10x	as long as short
tradeXYZ xyz:NBIS	+0.0065%	1h	234.09	−0.034%	$54.7M	$19.9M	10x	as long as short
Nado NBIS-PERP	+0.0095%	1h	234.11	−0.024%	$67K	$95K	3x	as long as short
Kraken Futures PF_NBISUSD	+0.0096%	1h	233.99	−0.076%	$24K	$15K	20x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	234.15	−0.009%	$482K	$21K	20x	as long as short
Orderly PERP_NBIS_USDC_mythoslong	+0.0100%	8h	234.17	long leg	$2K	$3K	10x
Aevo NBIS-PERP	+0.0104%	1h	234.15	−0.009%	—	—	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0112%	1h	233.89	−0.120%	$383K	$714K	10x	as long as short
Variational Omni NBISshort	+0.0184%	8h	234.12	−0.021%	$2.8M	$571K	—
Aster NBISUSDT	+0.0199%	8h	234.36	+0.081%	$81K	$314K	50x	as long as short
Binance NBISUSDT	+0.0216%	8h	234.14	−0.011%	$19.2M	$84.8M	25x	as long as short
Extended NBIS-USD	+0.0216%	1h	234.09	−0.036%	$150K	$701K	10x	as long as short
Lighter NBIS	+0.0256%	1h	234.18	+0.004%	$904K	$4.4M	10x	as long as short
Phoenix NBIS	+0.0306%	1h	234.33	+0.068%	$7K	$152K	10x	as long as short
Entropy io:NBIS	+0.0429%	1h	234.20	+0.013%	$10.2M	$3.3M	10x	as long as short
edgeX NBISUSDC	+0.0944%	4h	234.21	+0.017%	$38K	$226K	10x	as long as short