Funding you earn now, next payment 05:00 UTC−0.0045%/8h= −4.9% APRnext payment −$0.06 per $10,000 · paid last 24h −0.011%
Price spread now: Ondo Perps against Deribit+0.082%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
The price spread pays, funding is against you. Ondo Perps is 0.082% dearer against Deribit than usual: you sell high and buy low (spread +0.082% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit NBIS_USDC-PERPETUAL | 232.01 | 0.0095 | pay 0.0012% / 1h | 3m 08s | $34K | $49K | 10x |
| Short | Ondo Perps NBIS-USD.P | 232.20 | 0.0050 | get 0.0006% / 1h | 3m 08s | $160K | $508K | 10x |
Deribit NBIS_USDC-PERPETUAL
Ondo Perps NBIS-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Deribit. 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
- −$9.35
- Price spread: +0.082% → 0.000%
- $8.19
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$13.16
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; Ondo Perps: no order-book sample. 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Deribit and Ondo Perps: 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin NBIS-USDT | −0.0004% | 8h | 231.97 | −0.017% | $205K | $205K | 20x | as long as short |
| Aster NBISUSDT | 0.0000% | 8h | 232.30 | +0.125% | $78K | $309K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 231.97 | −0.017% | $151K | $667K | 10x | as long as short |
| Binance NBISUSDT | 0.0000% | 8h | 232.02 | +0.005% | $18.8M | $85.6M | 25x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 232.11 | +0.043% | $4.9M | $6.4M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 231.99 | −0.009% | $3.3M | $16.1M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 232.10 | +0.039% | $2.7M | $5.1M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 232.02 | +0.004% | $2.3M | $4.5M | 20x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 232.62 | +0.265% | $2.9M | $552K | — | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 232.41 | +0.170% | $5K | $118K | 10x | as long as short |
BloFin NBIS-USDT
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Bitget NBISUSDT
Variational Omni NBIS
GRVT NBIS_USDT_PerpShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX NBIS-USDT | 0.0000% | 8h | 232.07 | +0.026% | $984 | $1.6M | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 232.34 | +0.142% | $15K | $60K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 232.03 | +0.009% | $1.6M | $956K | 10x | as long as short |
| Nado NBIS-PERP | +0.0008% | 1h | 232.10 | +0.038% | $38K | $115K | 3x | as long as short |
| QFEX NBIS-USD | +0.0034% | 1h | 232.00 | −0.004% | $1.5M | $4.0M | 10x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 232.23 | +0.095% | $42K | $132K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 232.15 | +0.060% | — | $217K | 5x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0049% | 1h | 232.03 | +0.008% | $23K | $15K | 20x | as long as short |
| tradeXYZ xyz:NBIS | +0.0050% | 1h | 231.91 | −0.043% | $54.1M | $20.2M | 10x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 231.99 | −0.009% | $142K | $459K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 232.01 | 0.000% | $107 | $21K | 10x | as long as short |
| Ondo Perps NBIS-USD.Pshort | +0.0050% | 1h | 232.20 | +0.082% | $160K | $508K | 10x | |
| Deribit NBIS_USDC-PERPETUALlong | +0.0095% | 1h | 232.01 | long leg | $34K | $49K | 10x | |
| KuCoin NBISUSDTM | +0.0100% | 8h | 232.01 | 0.000% | $478K | $20K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 232.01 | 0.000% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 231.97 | −0.018% | — | — | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0104% | 1h | 232.30 | +0.125% | $361K | $771K | 10x | as long as short |
| edgeX NBISUSDC | +0.0149% | 4h | 232.30 | +0.127% | $37K | $227K | 10x | as long as short |
| Lighter NBIS | +0.0192% | 1h | 232.05 | +0.017% | $917K | $4.0M | 10x | as long as short |
| Phoenix NBIS | +0.0239% | 1h | 232.36 | +0.151% | $7K | $150K | 10x | as long as short |
| Entropy io:NBIS | +0.0298% | 1h | 232.43 | +0.181% | $10.1M | $3.2M | 10x | as long as short |
SunX NBIS-USDT
HTX NBIS-USDT
Phemex NBISUSDT
Nado NBIS-PERP
QFEX NBIS-USD
Arcus NBIS-USD
Vest NBIS-USD-PERP
Kraken Futures PF_NBISUSD
tradeXYZ xyz:NBIS
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
Coinbase International NBIS-PERP-INTX
edgeX NBISUSDC
Lighter NBIS
Phoenix NBIS
Entropy io:NBIS