Funding you earn now, next payment 06:00 UTC+0.0478%/8h= +52.3% APRnext payment +$0.60 per $10,000 · paid last 24h +0.122%
Price spread now: Entropy against Vest−0.009%7-day average −0.369% · 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)+0.129%+$13 on $10k
+Price spread, last 4 days (all we have)−0.097%−$10 · spread now −0.009%, 7d avg −0.369%
=Together, before fees+0.032%+ Points / potential airdropVest: Active · farm board+$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Entropy is 0.360% dearer against Vest than usual: you sell high and buy low: +$36 more if the spread goes back to its 7-day average of −0.369%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.129% in total (about 13.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.60 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 | Vest NBIS-USD-PERP | 232.62 | 0.0046 | pay 0.0006% / 1h | 48m 58s | — | $217K | 5x |
| Short | Entropy io:NBIS | 232.60 | 0.0523 | get 0.0065% / 1h | 48m 58s | $10.1M | $3.2M | 10x |
Vest NBIS-USD-PERP
Entropy io:NBISFunding history
latest
Range statsloading…
Price spread between the two exchanges
Entropy 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
- $100.3
- Price spread: −0.009% → −0.369%
- $36.05
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Entropy: 9 bp × 2 orders
- −$18
- Net
- $116.35
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: Vest: no order-book sample; Entropy: live order book, 8 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 Entropy live order book, 8 min ago | 1.29 bp | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit NBIS_USDC-PERPETUAL | −0.0609% | 1h | 232.50 | −0.052% | $34K | $49K | 10x | as long as short |
| Bitget NBISUSDT | −0.0070% | 8h | 232.46 | −0.069% | $2.3M | $4.5M | 20x | as long as short |
| BloFin NBIS-USDT | −0.0019% | 8h | 232.57 | −0.021% | $205K | $205K | 20x | as long as short |
| Aster NBISUSDT | 0.0000% | 8h | 232.37 | −0.108% | $83K | $310K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 232.26 | −0.153% | $145K | $753K | 10x | as long as short |
| Binance NBISUSDT | 0.0000% | 8h | 232.36 | −0.111% | $18.8M | $85.6M | 25x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 232.40 | −0.095% | $4.9M | $6.4M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 232.40 | −0.095% | $3.4M | $16.1M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 232.58 | −0.017% | $2.7M | $5.0M | 50x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 232.77 | +0.066% | $2.9M | $555K | — | as long as short |
Deribit NBIS_USDC-PERPETUAL
Bitget NBISUSDT
BloFin NBIS-USDT
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Variational Omni NBISShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 232.78 | +0.069% | $5K | $118K | 10x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 232.75 | +0.056% | $1K | $1.6M | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 232.96 | +0.146% | $15K | $60K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 232.43 | −0.082% | $1.6M | $956K | 10x | as long as short |
| QFEX NBIS-USD | +0.0029% | 1h | 232.58 | −0.017% | $1.5M | $3.9M | 10x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 232.48 | −0.060% | $42K | $132K | 5x | as long as short |
| Vest NBIS-USD-PERPlong | +0.0046% | 1h | 232.62 | long leg | — | $217K | 5x | |
| Nado NBIS-PERP | +0.0046% | 1h | 232.71 | +0.040% | $38K | $115K | 3x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 232.45 | −0.073% | $143K | $459K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 232.44 | −0.077% | $98 | $20K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 232.76 | +0.060% | $161K | $507K | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0091% | 1h | 232.24 | −0.163% | $54.1M | $20.2M | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 232.35 | −0.116% | $478K | $20K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 232.65 | +0.013% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 232.60 | −0.007% | — | — | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0168% | 1h | 232.30 | −0.138% | $361K | $771K | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0222% | 1h | 232.46 | −0.068% | $23K | $15K | 20x | as long as short |
| Phoenix NBIS | +0.0242% | 1h | 232.60 | −0.009% | $7K | $150K | 10x | as long as short |
| Lighter NBIS | +0.0360% | 1h | 232.36 | −0.112% | $930K | $3.9M | 10x | as long as short |
| Entropy io:NBISshort | +0.0523% | 1h | 232.60 | −0.009% | $10.1M | $3.2M | 10x | |
| edgeX NBISUSDC | +0.0915% | 4h | 232.68 | +0.028% | $37K | $226K | 10x | as long as short |
GRVT NBIS_USDT_Perp
SunX NBIS-USDT
HTX NBIS-USDT
Phemex NBISUSDT
QFEX NBIS-USD
Arcus NBIS-USD
Nado NBIS-PERP
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
Ondo Perps NBIS-USD.P
tradeXYZ xyz:NBIS
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
Coinbase International NBIS-PERP-INTX
Kraken Futures PF_NBISUSD
Phoenix NBIS
Lighter NBIS
edgeX NBISUSDC