NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0195%/8h= −21.4% APRnext payment −$1.95 per $10,000 · paid last 24h −0.027%

Price spread now: OKX against Variational Omni−0.046%7-day average −0.014% · you buy dearer than you sell

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

Long on Variational Omni Short on OKX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.044%−$4 on $10k

Price spread, last 7 days+0.061%+$6 · spread now −0.046%, 7d avg −0.014%

Together, before fees+0.017%+ Points / potential airdropVariational Omni: Active · farm board+$2 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and OKX is 0.032% cheaper against Variational Omni than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.014%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.044% in total (about -4.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.95 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni NBIS	235.77	0.0195	pay 0.0195% / 8h	7h 54m	$2.9M	$817K	—
Short	OKX NBIS-USDT-SWAP	235.66	0	get 0.0000% / 8h	7h 54m	$3.4M	$17.1M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Variational Omni. 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 Variational OmnibpFee OKXbpOrdersPrice spread, now −0.046%Rate

Funding earned: −$40.95
Price spread: −0.046% → −0.014%: −$3.2
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee OKX: 5 bp × 2 orders: −$10
Net: −$54.15
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 5 min ago; OKX: live order book, 4 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 Variational Omni RFQ quote, 5 min ago	4.12 bp	doesn't fit	60.6 bp −$606	doesn't fit	doesn't fit
Sell OKX live order book, 4 min ago	1.27 bp	11.2 bp −$11	68.7 bp −$687	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
Kraken Futures PF_NBISUSD	−0.0179%	1h	235.39	−0.161%	$24K	$15K	20x	as long as short
OKX NBIS-USDT-SWAPshort	0.0000%	8h	235.66	−0.046%	$3.4M	$17.1M	25x
Gate NBIS_USDT	0.0000%	8h	235.49	−0.118%	$2.8M	$5.1M	50x	as long as short
Bitget NBISUSDT	0.0000%	8h	235.65	−0.050%	$2.5M	$4.7M	20x	as long as short
SunX NBIS-USDT	0.0000%	8h	235.57	−0.084%	$1K	$1.7M	10x	as long as short
Deribit NBIS_USDC-PERPETUAL	0.0000%	1h	235.52	−0.105%	$35K	$48K	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	235.69	−0.033%	$15K	$113K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	235.55	−0.093%	$1.6M	$973K	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0016%	1h	234.10	−0.708%	$359K	$678K	10x	as long as short
QFEX NBIS-USD	+0.0038%	1h	235.53	−0.101%	$1.5M	$5.2M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest NBIS-USD-PERP	+0.0046%	1h	235.76	−0.003%	—	$234K	5x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	235.03	−0.313%	$174K	$505K	10x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	235.34	−0.182%	$485K	$25K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	235.57	−0.084%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	234.76	−0.427%	—	—	10x	as long as short
Variational Omni NBISlong	+0.0195%	8h	235.77	long leg	$2.9M	$817K	—
Nado NBIS-PERP	+0.0202%	1h	235.54	−0.097%	$29K	$63K	3x	as long as short
Aster NBISUSDT	+0.0214%	8h	235.75	−0.008%	$81K	$308K	50x	as long as short
Extended NBIS-USD	+0.0232%	1h	235.56	−0.087%	$138K	$700K	10x	as long as short
Binance NBISUSDT	+0.0232%	8h	235.61	−0.068%	$19.5M	$86.1M	25x	as long as short
BloFin NBIS-USDT	+0.0252%	8h	235.56	−0.088%	$206K	$213K	20x	as long as short
Arcus NBIS-USD	+0.0366%	1h	235.24	−0.224%	$44K	$134K	5x	as long as short
Phoenix NBIS	+0.0376%	1h	234.94	−0.351%	$7K	$163K	10x	as long as short
edgeX NBISUSDC	+0.0438%	4h	235.44	−0.140%	$38K	$228K	10x	as long as short
Lighter NBIS	+0.0480%	1h	235.67	−0.042%	$930K	$4.4M	10x	as long as short
Bybit NBISUSDT	+0.0549%	8h	235.74	−0.012%	$5.2M	$6.5M	50x	as long as short
GRVT NBIS_USDT_Perp	+0.0566%	8h	235.49	−0.118%	$5K	$137K	10x	as long as short
Entropy io:NBIS	+0.0781%	1h	235.32	−0.190%	$10.3M	$3.4M	10x	as long as short
SoDEX NBIS-USD	+0.1139%	1h	235.54	−0.097%	$9	$20K	10x	as long as short
Polymarket Perps NBIS-USD	+0.1840%	1h	235.33	−0.186%	$137K	$431K	10x	as long as short
tradeXYZ xyz:NBIS	+0.2104%	1h	235.41	−0.152%	$54.9M	$23.4M	10x	as long as short