NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h 0.000%

Price spread now: Extended against Polymarket Perps−0.026%7-day average −0.030% · you buy dearer than you sell

Net, funding: paid 7d − costs−$36as in the Funding arb table

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$370.367% of the position

Long on Polymarket Perps Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.011%+$1 on $10k

Price spread, last 4 days (all we have)−0.051%−$5 · spread now −0.026%, 7d avg −0.030%

Together, before fees−0.041%+ Points / potential airdropExtended: Active · farm board−$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.030%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps NBIS-USD	231.31	0.0050	pay 0.0006% / 1h	55m 31s	$137K	$473K	10x
Short	Extended NBIS-USD	231.25	0	get 0.0000% / 1h	55m 31s	$146K	$753K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Polymarket Perps. 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 Polymarket PerpsbpFee ExtendedbpOrdersPrice spread, now −0.026%Rate

Funding earned: −$10.5
Price spread: −0.026% → −0.030%: $0.42
Slippage, 4 orders: −$23.67
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$46.76
Costs to cover: 0.367%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 52 min ago; Extended: live order book, 52 min ago.

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 Polymarket Perps live order book, 52 min ago	1.73 bp	7.4 bp −$7	7.8 bp −$78	32.0 bp −$3,204	doesn't fit
Sell Extended live order book, 52 min ago	1.94 bp	11.8 bp −$12	165.8 bp −$1,658	doesn't fit	doesn't fit

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	−0.0383%	8h	231.42	+0.048%	$2.3M	$4.5M	20x	as long as short
Aster NBISUSDT	0.0000%	8h	231.22	−0.038%	$84K	$311K	50x	as long as short
Extended NBIS-USDshort	0.0000%	1h	231.25	−0.026%	$146K	$753K	10x
Binance NBISUSDT	0.0000%	8h	231.35	+0.016%	$18.6M	$87.1M	25x	as long as short
Bybit NBISUSDT	0.0000%	8h	231.39	+0.035%	$4.9M	$6.5M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	231.36	+0.022%	$3.3M	$16.2M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	231.37	+0.026%	$2.7M	$5.1M	50x	as long as short
Variational Omni NBIS	0.0000%	8h	231.22	−0.037%	$2.8M	$602K	—	as long as short
GRVT NBIS_USDT_Perp	0.0000%	8h	231.54	+0.098%	$5K	$116K	10x	as long as short
SunX NBIS-USDT	0.0000%	8h	232.02	+0.307%	$1K	$1.6M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX NBIS-USDT	0.0000%	8h	231.79	+0.208%	$15K	$61K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	231.27	−0.017%	$1.6M	$959K	10x	as long as short
BloFin NBIS-USDT	+0.0015%	8h	231.74	+0.186%	$203K	$206K	20x	as long as short
Arcus NBIS-USD	+0.0040%	1h	231.50	+0.082%	$42K	$132K	5x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	231.30	−0.004%	—	$220K	5x	as long as short
Polymarket Perps NBIS-USDlong	+0.0050%	1h	231.31	long leg	$137K	$473K	10x
SoDEX NBIS-USD	+0.0050%	1h	231.27	−0.017%	$79	$20K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	231.66	+0.151%	$151K	$548K	10x	as long as short
QFEX NBIS-USD	+0.0056%	1h	231.38	+0.030%	$1.5M	$3.9M	10x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	231.19	−0.052%	$476K	$20K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	231.34	+0.013%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	231.24	−0.030%	—	—	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0120%	1h	232.18	+0.376%	$352K	$816K	10x	as long as short
Nado NBIS-PERP	+0.0143%	1h	231.19	−0.050%	$38K	$115K	3x	as long as short
edgeX NBISUSDC	+0.0170%	4h	231.80	+0.214%	$37K	$225K	10x	as long as short
tradeXYZ xyz:NBIS	+0.0232%	1h	231.35	+0.017%	$54.4M	$21.1M	10x	as long as short
Phoenix NBIS	+0.0242%	1h	231.70	+0.169%	$7K	$150K	10x	as long as short
Deribit NBIS_USDC-PERPETUAL	+0.0312%	1h	231.27	−0.017%	$34K	$49K	10x	as long as short
Lighter NBIS	+0.0360%	1h	231.46	+0.065%	$940K	$3.9M	10x	as long as short
Entropy io:NBIS	+0.0562%	1h	231.50	+0.082%	$10.1M	$3.2M	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0683%	1h	231.27	−0.018%	$23K	$15K	20x	as long as short