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 +0.005%

Price spread now: Orderly against Variational Omni−0.043%48s7-day average — · you buy dearer than you sell

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

Long on Variational Omni Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 4 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. Orderly is 0.043% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.043% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 35 hours of funding at the current rate (+$3 a day). The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni NBIS	230.57	0	get 0.0000% / 8h	1h 30m	$2.8M	$601K	—
Short	Orderly PERP_NBIS_USDC_mythos	230.47	0.0100	get 0.0100% / 8h	1h 30m	$2K	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now −0.043%Rate

Funding earned: $21
Price spread: −0.043% → 0.000%: −$4.32
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Orderly: 3 bp × 2 orders: −$6
Net: $10.68
Costs to cover: 0.060%
Break-even: 3.4 days

Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Orderly: no order-book sample. 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, 4 min ago	4.60 bp	doesn't fit	41.0 bp −$410	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

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	−0.0593%	8h	230.77	+0.087%	$2.3M	$4.5M	20x	as long as short
Aster NBISUSDT	0.0000%	8h	230.61	+0.019%	$84K	$311K	50x	as long as short
Extended NBIS-USD	0.0000%	1h	230.63	+0.027%	$149K	$635K	10x	as long as short
Binance NBISUSDT	0.0000%	8h	230.73	+0.070%	$18.5M	$87.4M	25x	as long as short
Bybit NBISUSDT	0.0000%	8h	230.60	+0.013%	$4.9M	$6.6M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	230.62	+0.022%	$3.3M	$16.2M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	230.78	+0.091%	$2.7M	$5.1M	50x	as long as short
Variational Omni NBISlong	0.0000%	8h	230.57	long leg	$2.8M	$601K	—
GRVT NBIS_USDT_Perp	0.0000%	8h	230.73	+0.071%	$5K	$116K	10x	as long as short
SunX NBIS-USDT	0.0000%	8h	230.50	−0.030%	$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	230.73	+0.070%	$15K	$57K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	230.59	+0.009%	$1.6M	$963K	10x	as long as short
BloFin NBIS-USDT	+0.0026%	8h	230.51	−0.026%	$204K	$204K	20x	as long as short
Arcus NBIS-USD	+0.0040%	1h	230.34	−0.100%	$42K	$132K	5x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	230.43	−0.061%	—	$221K	5x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	230.48	−0.039%	$137K	$473K	10x	as long as short
SoDEX NBIS-USD	+0.0050%	1h	230.49	−0.035%	$111	$20K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	230.38	−0.082%	$152K	$547K	10x	as long as short
QFEX NBIS-USD	+0.0056%	1h	230.57	0.000%	$1.5M	$3.8M	10x	as long as short
Nado NBIS-PERP	+0.0061%	1h	230.26	−0.134%	$37K	$115K	3x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	230.39	−0.078%	$475K	$20K	20x	as long as short
Orderly PERP_NBIS_USDC_mythosshort	+0.0100%	8h	230.47	−0.043%	$2K	$3K	10x
Aevo NBIS-PERP	+0.0104%	1h	230.43	−0.058%	—	—	10x	as long as short
tradeXYZ xyz:NBIS	+0.0106%	1h	230.51	−0.026%	$54.2M	$21.0M	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0120%	1h	230.39	−0.078%	$351K	$812K	10x	as long as short
Lighter NBIS	+0.0224%	1h	230.46	−0.048%	$951K	$4.0M	10x	as long as short
edgeX NBISUSDC	+0.0309%	4h	230.61	+0.018%	$37K	$227K	10x	as long as short
Phoenix NBIS	+0.0311%	1h	230.30	−0.117%	$7K	$150K	10x	as long as short
Entropy io:NBIS	+0.0343%	1h	230.41	−0.069%	$10.0M	$3.1M	10x	as long as short
Deribit NBIS_USDC-PERPETUAL	+0.0532%	1h	230.40	−0.074%	$34K	$49K	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0686%	1h	230.52	−0.020%	$23K	$15K	20x	as long as short