NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0120%/8h= −13.1% APRpaid last 24h −0.049%

Price spread now: Variational Omni against Coinbase International+0.078%7-day average −0.094% · you sell dearer than you buy

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

Long on Coinbase International Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.126%−$13 on $10k

Price spread, last 4 days (all we have)−0.171%−$17 · spread now +0.078%, 7d avg −0.094%

Together, before fees−0.297%+ Points / potential airdropVariational Omni: Active · farm board−$30 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Variational Omni is 0.172% dearer against Coinbase International than usual: you sell high and buy low (spread +0.078% now, against its 7-day average of −0.094%): +$17 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 4.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International NBIS-PERP-INTX	230.39	0.0120	pay 0.0015% / 1h	26m 21s	$351K	$812K	10x
Short	Variational Omni NBIS	230.57	0	get 0.0000% / 8h	1h 26m	$2.8M	$601K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Coinbase International. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Coinbase InternationalbpFee Variational OmnibpOrdersPrice spread, now +0.078%Rate

Funding earned: −$25.2
Price spread: +0.078% → −0.094%: $17.23
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$17.97
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Coinbase International: live order book, 17 min ago; Variational Omni: RFQ quote, 3 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 Coinbase International live order book, 17 min ago	3.26 bp	11.5 bp −$11	21.7 bp −$217	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 3 min ago	3.71 bp	doesn't fit	49.5 bp −$495	doesn't fit	doesn't fit

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	−0.0592%	8h	230.94	+0.239%	$2.3M	$4.5M	20x	as long as short
Aster NBISUSDT	0.0000%	8h	230.74	+0.151%	$84K	$311K	50x	as long as short
Extended NBIS-USD	0.0000%	1h	230.77	+0.164%	$149K	$635K	10x	as long as short
Binance NBISUSDT	0.0000%	8h	230.87	+0.207%	$18.5M	$87.3M	25x	as long as short
Bybit NBISUSDT	0.0000%	8h	230.92	+0.230%	$4.9M	$6.6M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	230.82	+0.187%	$3.3M	$16.2M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	230.89	+0.217%	$2.7M	$5.2M	50x	as long as short
Variational Omni NBISshort	0.0000%	8h	230.57	+0.078%	$2.8M	$601K	—
GRVT NBIS_USDT_Perp	0.0000%	8h	230.56	+0.074%	$5K	$116K	10x	as long as short
SunX NBIS-USDT	0.0000%	8h	230.74	+0.152%	$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	230.74	+0.152%	$15K	$57K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	230.92	+0.230%	$1.6M	$963K	10x	as long as short
BloFin NBIS-USDT	+0.0004%	8h	230.75	+0.156%	$204K	$205K	20x	as long as short
Arcus NBIS-USD	+0.0040%	1h	230.58	+0.082%	$42K	$132K	5x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	230.73	+0.148%	—	$221K	5x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	230.75	+0.156%	$137K	$473K	10x	as long as short
SoDEX NBIS-USD	+0.0050%	1h	230.85	+0.200%	$106	$20K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	230.43	+0.017%	$151K	$548K	10x	as long as short
QFEX NBIS-USD	+0.0056%	1h	230.70	+0.135%	$1.5M	$3.8M	10x	as long as short
Nado NBIS-PERP	+0.0077%	1h	230.56	+0.072%	$37K	$115K	3x	as long as short
tradeXYZ xyz:NBIS	+0.0095%	1h	230.76	+0.161%	$54.3M	$21.0M	10x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	230.65	+0.113%	$475K	$20K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	230.87	+0.208%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	230.84	+0.195%	—	—	10x	as long as short
Coinbase International NBIS-PERP-INTXlong	+0.0120%	1h	230.39	long leg	$351K	$812K	10x
Deribit NBIS_USDC-PERPETUAL	+0.0184%	1h	230.77	+0.165%	$34K	$49K	10x	as long as short
edgeX NBISUSDC	+0.0187%	4h	230.88	+0.211%	$37K	$226K	10x	as long as short
Lighter NBIS	+0.0240%	1h	230.92	+0.230%	$956K	$4.0M	10x	as long as short
Phoenix NBIS	+0.0311%	1h	230.90	+0.221%	$7K	$150K	10x	as long as short
Entropy io:NBIS	+0.0356%	1h	230.65	+0.113%	$10.0M	$3.1M	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0684%	1h	230.88	+0.213%	$23K	$15K	20x	as long as short