NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0322%/8h= +35.3% APRnext payment +$0.40 per $10,000 · paid last 24h +0.100%

Price spread now: Lighter against Vest−0.101%7-day average −0.423% · you buy dearer than you sell

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

Long on Vest Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.123%+$12 on $10k

Price spread, last 3 days (all we have)+0.088%+$9 · spread now −0.101%, 7d avg −0.423%

Together, before fees+0.211%+ Points / potential airdropVest: Active · Lighter: Season 3 · farm board+$21 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Lighter is 0.321% dearer against Vest than usual: you sell high and buy low: +$32 more if the spread goes back to its 7-day average of −0.423%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest NBIS-USD-PERP	236.54	0.0046	pay 0.0006% / 1h	48m 32s	—	$234K	5x
Short	Lighter NBIS	236.30	0.0368	get 0.0046% / 1h	48m 32s	$930K	$4.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Vest. 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 VestbpFee LighterbpOrdersPrice spread, now −0.101%Rate

Funding earned: $67.69
Price spread: −0.101% → −0.423%: $32.12
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Lighter: 0 bp × 2 orders: $0
Net: $97.81
Costs to cover: 0.020%
Break-even: from the start

Slippage unknown: Vest: no order-book sample; Lighter: 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 Vest no order-book sample	—	—	—	—	—
Sell Lighter live order book, 4 min ago	0.85 bp	0.9 bp −$1	2.3 bp −$23	58.2 bp −$5,817	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	−0.0178%	1h	236.03	−0.218%	$24K	$15K	20x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	236.37	−0.072%	$3.4M	$17.1M	25x	as long as short
Bitget NBISUSDT	0.0000%	8h	236.36	−0.076%	$2.5M	$4.7M	20x	as long as short
SunX NBIS-USDT	0.0000%	8h	236.08	−0.194%	$1K	$1.7M	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	235.83	−0.300%	$15K	$113K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	236.24	−0.127%	$1.6M	$973K	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0016%	1h	235.49	−0.444%	$361K	$683K	10x	as long as short
QFEX NBIS-USD	+0.0038%	1h	236.29	−0.106%	$1.5M	$5.1M	10x	as long as short
Vest NBIS-USD-PERPlong	+0.0046%	1h	236.54	long leg	—	$234K	5x
Gate NBIS_USDT	+0.0049%	8h	236.25	−0.123%	$2.8M	$5.1M	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps NBIS-USD.P	+0.0050%	1h	236.21	−0.140%	$175K	$507K	10x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	236.05	−0.207%	$487K	$25K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	236.20	−0.144%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	235.89	−0.274%	—	—	10x	as long as short
Nado NBIS-PERP	+0.0186%	1h	236.06	−0.204%	$29K	$63K	3x	as long as short
Variational Omni NBIS	+0.0198%	8h	236.05	−0.206%	$2.9M	$817K	—	as long as short
BloFin NBIS-USDT	+0.0214%	8h	236.30	−0.101%	$206K	$214K	20x	as long as short
Aster NBISUSDT	+0.0223%	8h	236.02	−0.221%	$82K	$308K	50x	as long as short
Extended NBIS-USD	+0.0240%	1h	236.28	−0.110%	$138K	$782K	10x	as long as short
Binance NBISUSDT	+0.0240%	8h	236.34	−0.083%	$19.6M	$86.0M	25x	as long as short
Bybit NBISUSDT	+0.0258%	8h	236.35	−0.080%	$5.2M	$6.5M	50x	as long as short
Deribit NBIS_USDC-PERPETUAL	+0.0343%	1h	236.16	−0.161%	$35K	$48K	10x	as long as short
GRVT NBIS_USDT_Perp	+0.0352%	8h	235.50	−0.440%	$5K	$137K	10x	as long as short
Arcus NBIS-USD	+0.0366%	1h	235.85	−0.292%	$44K	$133K	5x	as long as short
Lighter NBISshort	+0.0368%	1h	236.30	−0.101%	$930K	$4.4M	10x
Phoenix NBIS	+0.0409%	1h	236.34	−0.085%	$7K	$163K	10x	as long as short
edgeX NBISUSDC	+0.0480%	4h	235.50	−0.439%	$38K	$228K	10x	as long as short
SoDEX NBIS-USD	+0.0646%	1h	236.18	−0.152%	$24	$20K	10x	as long as short
Entropy io:NBIS	+0.0863%	1h	235.90	−0.271%	$10.3M	$3.4M	10x	as long as short
Polymarket Perps NBIS-USD	+0.0909%	1h	236.34	−0.085%	$140K	$429K	10x	as long as short
tradeXYZ xyz:NBIS	+0.1064%	1h	236.33	−0.089%	$55.3M	$23.6M	10x	as long as short