Funding you earn now, next payment 01:00 UTC+0.0232%/8h= +25.4% APRpaid last 24h +0.004%
Price spread now: Bybit against Vest−0.034%7-day average −0.491% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.035%+$3 on $10k
+Price spread, last 3 days (all we have)−0.056%−$6 · spread now −0.034%, 7d avg −0.491%
=Together, before fees−0.021%+ Points / potential airdropVest: Active · farm board−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Bybit is 0.457% dearer against Vest than usual: you sell high and buy low: +$46 more if the spread goes back to its 7-day average of −0.491%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.035% in total (about 3.9% a year). A funding rate is set anew for every payment. 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 | Vest NBIS-USD-PERP | 235.75 | 0.0046 | pay 0.0006% / 1h | 53m 21s | — | $234K | 5x |
| Short | Bybit NBISUSDT | 235.67 | 0.0278 | get 0.0278% / 8h | 7h 53m | $5.1M | $6.5M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Vest. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $48.78
- Price spread: −0.034% → −0.491%
- $45.73
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $81.51
- Costs to cover
- 0.130%
- Break-even
- from the start
Slippage unknown: Vest: no order-book sample; Bybit: live order book, 5 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 Vest no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 5 min ago | 1.06 bp | 18.4 bp −$18 | 84.6 bp −$846 | doesn't fit | doesn't fit |
Vest: 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NBISUSD | −0.0179% | 1h | 235.43 | −0.136% | $24K | $15K | 20x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 235.55 | −0.085% | $3.4M | $17.1M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 235.50 | −0.106% | $2.8M | $5.1M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 235.54 | −0.089% | $2.5M | $4.7M | 20x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 235.57 | −0.076% | $1K | $1.7M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | 0.0000% | 1h | 235.53 | −0.093% | $35K | $48K | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 235.69 | −0.025% | $15K | $113K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 235.58 | −0.072% | $1.6M | $973K | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0016% | 1h | 234.10 | −0.700% | $359K | $678K | 10x | as long as short |
| QFEX NBIS-USD | +0.0038% | 1h | 235.53 | −0.093% | $1.5M | $5.1M | 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-PERPlong | +0.0046% | 1h | 235.75 | long leg | — | $234K | 5x | |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 235.58 | −0.072% | $174K | $507K | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 235.43 | −0.136% | $485K | $25K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 235.56 | −0.081% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 234.35 | −0.594% | — | — | 10x | as long as short |
| Nado NBIS-PERP | +0.0187% | 1h | 235.46 | −0.123% | $29K | $63K | 3x | as long as short |
| Variational Omni NBIS | +0.0195% | 8h | 235.77 | +0.008% | $2.9M | $817K | — | as long as short |
| Aster NBISUSDT | +0.0214% | 8h | 235.77 | +0.007% | $81K | $308K | 50x | as long as short |
| Extended NBIS-USD | +0.0232% | 1h | 235.49 | −0.111% | $138K | $700K | 10x | as long as short |
| Binance NBISUSDT | +0.0232% | 8h | 235.54 | −0.089% | $19.5M | $86.1M | 25x | as long as short |
| BloFin NBIS-USDT | +0.0252% | 8h | 235.56 | −0.081% | $206K | $213K | 20x | as long as short |
| Bybit NBISUSDTshort | +0.0278% | 8h | 235.67 | −0.034% | $5.1M | $6.5M | 50x | |
| Arcus NBIS-USD | +0.0366% | 1h | 235.30 | −0.191% | $44K | $134K | 5x | as long as short |
| Phoenix NBIS | +0.0409% | 1h | 235.65 | −0.042% | $7K | $163K | 10x | as long as short |
| Lighter NBIS | +0.0432% | 1h | 235.50 | −0.106% | $929K | $4.4M | 10x | as long as short |
| edgeX NBISUSDC | +0.0438% | 4h | 235.44 | −0.132% | $38K | $228K | 10x | as long as short |
| GRVT NBIS_USDT_Perp | +0.0566% | 8h | 235.49 | −0.110% | $5K | $137K | 10x | as long as short |
| Entropy io:NBIS | +0.0778% | 1h | 235.34 | −0.174% | $10.3M | $3.4M | 10x | as long as short |
| SoDEX NBIS-USD | +0.0961% | 1h | 235.60 | −0.064% | $9 | $20K | 10x | as long as short |
| Polymarket Perps NBIS-USD | +0.1556% | 1h | 235.50 | −0.106% | $141K | $432K | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.1682% | 1h | 235.46 | −0.123% | $54.9M | $23.4M | 10x | as long as short |
Bybit NBISUSDT
Kraken Futures PF_NBISUSD
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Bitget NBISUSDT
SunX NBIS-USDT
Deribit NBIS_USDC-PERPETUAL
HTX NBIS-USDT
Phemex NBISUSDT
Coinbase International NBIS-PERP-INTX
KuCoin NBISUSDTM
Variational Omni NBIS
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
BloFin NBIS-USDT
Phoenix NBIS
Lighter NBIS
edgeX NBISUSDC
GRVT NBIS_USDT_Perp
SoDEX NBIS-USD
Polymarket Perps NBIS-USD
tradeXYZ xyz:NBIS