NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0011%/8h= −1.2% APRpaid last 24h +0.009%

Price spread now: Variational Omni against Polymarket Perps−0.139%7-day average +0.010% · you buy dearer than you sell

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

Long on Polymarket Perps Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.091%+$9 on $10k

Price spread, last 4 days (all we have)+0.212%+$21 · spread now −0.139%, 7d avg +0.010%

Together, before fees+0.303%+ Points / potential airdropVariational Omni: Active · farm board+$30 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 Variational Omni is 0.149% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of +0.010%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.091%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps NBIS-USD	235.64	0.0050	pay 0.0006% / 1h	42m 46s	$149K	$453K	10x
Short	Variational Omni NBIS	235.31	0.0039	get 0.0039% / 8h	4h 42m	$2.9M	$573K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now −0.139%Rate

Funding earned: −$2.26
Price spread: −0.139% → +0.010%: −$14.92
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$25.19
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Polymarket Perps: live order book, 15 min ago; Variational Omni: RFQ quote, 1 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 Polymarket Perps live order book, 15 min ago	2.12 bp	7.8 bp −$8	8.2 bp −$82	29.4 bp −$2,937	doesn't fit
Sell Variational Omni RFQ quote, 1 min ago	2.78 bp	doesn't fit	43.3 bp −$433	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
Nado NBIS-PERP	−0.0195%	1h	235.66	+0.010%	$38K	$115K	3x	as long as short
Bybit NBISUSDT	0.0000%	8h	235.84	+0.085%	$5.1M	$6.2M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	235.69	+0.021%	$3.4M	$16.2M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	235.66	+0.008%	$2.8M	$5.0M	50x	as long as short
Bitget NBISUSDT	0.0000%	8h	235.66	+0.008%	$2.4M	$4.4M	20x	as long as short
GRVT NBIS_USDT_Perp	0.0000%	8h	235.51	−0.056%	$5K	$119K	10x	as long as short
SunX NBIS-USDT	0.0000%	8h	235.85	+0.089%	$1K	$1.7M	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	235.28	−0.153%	$15K	$60K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	235.71	+0.030%	$1.6M	$958K	10x	as long as short
QFEX NBIS-USD	+0.0038%	1h	235.74	+0.042%	$1.5M	$4.2M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni NBISshort	+0.0039%	8h	235.31	−0.139%	$2.9M	$573K	—
Arcus NBIS-USD	+0.0040%	1h	235.34	−0.127%	$43K	$132K	5x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	235.97	+0.140%	—	$216K	5x	as long as short
Deribit NBIS_USDC-PERPETUAL	+0.0047%	1h	235.65	+0.004%	$35K	$48K	10x	as long as short
tradeXYZ xyz:NBIS	+0.0050%	1h	235.56	−0.034%	$55.0M	$19.9M	10x	as long as short
Polymarket Perps NBIS-USDlong	+0.0050%	1h	235.64	long leg	$149K	$453K	10x
SoDEX NBIS-USD	+0.0050%	1h	235.65	+0.004%	$9	$21K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	235.74	+0.042%	$161K	$504K	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0056%	1h	235.35	−0.123%	$389K	$724K	10x	as long as short
Lighter NBIS	+0.0072%	1h	235.72	+0.034%	$899K	$4.0M	10x	as long as short
Aster NBISUSDT	+0.0085%	8h	235.61	−0.013%	$79K	$310K	50x	as long as short
Binance NBISUSDT	+0.0086%	8h	235.73	+0.038%	$19.4M	$84.6M	25x	as long as short
Extended NBIS-USD	+0.0088%	1h	235.63	−0.004%	$147K	$702K	10x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	235.48	−0.068%	$485K	$21K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	235.73	+0.038%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	235.66	+0.010%	—	—	10x	as long as short
BloFin NBIS-USDT	+0.0112%	8h	235.71	+0.030%	$208K	$205K	20x	as long as short
Phoenix NBIS	+0.0272%	1h	235.31	−0.140%	$7K	$150K	10x	as long as short
Entropy io:NBIS	+0.0426%	1h	235.57	−0.030%	$10.2M	$3.3M	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0476%	1h	235.52	−0.052%	$24K	$15K	20x	as long as short
edgeX NBISUSDC	+0.0975%	4h	235.27	−0.155%	$38K	$227K	10x	as long as short