NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0265%/8h= +29.0% APRnext payment +$0.33 per $10,000 · paid last 24h +0.082%

Price spread now: Phoenix against Vest+0.082%58s7-day average −0.355% · you sell dearer than you buy

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

Long on Vest Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.102%+$10 on $10k

Price spread, last 4 days (all we have)−0.034%−$3 · spread now +0.082%, 7d avg −0.355%

Together, before fees+0.069%+ Points / potential airdropVest: Active · farm board+$7 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Phoenix is 0.437% dearer against Vest than usual: you sell high and buy low: +$44 more if the spread goes back to its 7-day average of −0.355%. The two prices were read 58 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	Vest NBIS-USD-PERP	231.22	0.0046	pay 0.0006% / 1h	49m 37s	—	$221K	5x
Short	Phoenix NBIS	231.41	0.0311	get 0.0039% / 1h	49m 37s	$7K	$150K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix 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 PhoenixbpOrdersPrice spread, now +0.082%Rate

Funding earned: $55.62
Price spread: +0.082% → −0.355%: $43.72
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: $90.35
Costs to cover: 0.090%
Break-even: from the start

Slippage unknown: Vest: no order-book sample; Phoenix: live order book, 51 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 Phoenix live order book, 51 min ago	6.07 bp	17.2 bp −$17	37.7 bp −$377	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
Bitget NBISUSDT	−0.0406%	8h	231.52	+0.130%	$2.3M	$4.5M	20x	as long as short
BloFin NBIS-USDT	−0.0001%	8h	231.20	−0.009%	$204K	$206K	20x	as long as short
Aster NBISUSDT	0.0000%	8h	231.33	+0.049%	$84K	$311K	50x	as long as short
Extended NBIS-USD	0.0000%	1h	231.42	+0.086%	$145K	$724K	10x	as long as short
Binance NBISUSDT	0.0000%	8h	231.50	+0.121%	$18.6M	$87.2M	25x	as long as short
Bybit NBISUSDT	0.0000%	8h	231.47	+0.108%	$4.9M	$6.5M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	231.37	+0.065%	$3.3M	$16.2M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	231.50	+0.121%	$2.7M	$5.1M	50x	as long as short
Variational Omni NBIS	0.0000%	8h	231.31	+0.040%	$2.8M	$602K	—	as long as short
GRVT NBIS_USDT_Perp	0.0000%	8h	231.41	+0.082%	$5K	$116K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX NBIS-USDT	0.0000%	8h	231.44	+0.095%	$1K	$1.6M	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	231.31	+0.039%	$15K	$61K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	231.45	+0.099%	$1.6M	$961K	10x	as long as short
Arcus NBIS-USD	+0.0040%	1h	231.18	−0.017%	$42K	$132K	5x	as long as short
Vest NBIS-USD-PERPlong	+0.0046%	1h	231.22	long leg	—	$221K	5x
Polymarket Perps NBIS-USD	+0.0050%	1h	231.32	+0.043%	$137K	$473K	10x	as long as short
SoDEX NBIS-USD	+0.0050%	1h	231.33	+0.048%	$93	$20K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	231.24	+0.009%	$151K	$547K	10x	as long as short
QFEX NBIS-USD	+0.0056%	1h	231.49	+0.117%	$1.5M	$3.9M	10x	as long as short
edgeX NBISUSDC	+0.0098%	4h	231.34	+0.051%	$37K	$226K	10x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	231.28	+0.026%	$477K	$20K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	231.37	+0.065%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	231.34	+0.053%	—	—	10x	as long as short
Nado NBIS-PERP	+0.0118%	1h	231.04	−0.077%	$38K	$115K	3x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0120%	1h	231.07	−0.065%	$351K	$813K	10x	as long as short
tradeXYZ xyz:NBIS	+0.0204%	1h	231.44	+0.095%	$54.4M	$21.0M	10x	as long as short
Phoenix NBISshort	+0.0311%	1h	231.41	+0.082%	$7K	$150K	10x
Lighter NBIS	+0.0328%	1h	231.46	+0.104%	$947K	$4.0M	10x	as long as short
Deribit NBIS_USDC-PERPETUAL	+0.0485%	1h	231.36	+0.061%	$34K	$49K	10x	as long as short
Entropy io:NBIS	+0.0516%	1h	231.42	+0.086%	$10.0M	$3.1M	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0683%	1h	231.40	+0.077%	$23K	$15K	20x	as long as short