NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0360%/8h= −39.4% APRnext payment −$0.45 per $10,000 · paid last 24h −0.117%

Price spread now: Ondo Perps against Entropy+0.017%7-day average −0.102% · you sell dearer than you buy

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

Long on Entropy Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.467%−$47 on $10k

Price spread, last 4 days (all we have)+0.025%+$3 · spread now +0.017%, 7d avg −0.102%

Together, before fees−0.442%+ Points / potential airdropOndo Perps: Active · farm board−$44 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Ondo Perps is 0.120% dearer against Entropy than usual: you sell high and buy low (spread +0.017% now, against its 7-day average of −0.102%): +$12 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 27 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Entropy io:NBIS	230.93	0.0410	pay 0.0051% / 1h	6m 03s	$10.1M	$3.1M	10x
Short	Ondo Perps NBIS-USD.P	230.97	0.0050	get 0.0006% / 1h	6m 03s	$150K	$542K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Entropy. 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 EntropybpFee Ondo PerpsbpOrdersPrice spread, now +0.017%Rate

Funding earned: −$75.61
Price spread: +0.017% → −0.102%: $11.97
Slippage, 4 orders: no order book: not counted
Fee Entropy: 9 bp × 2 orders: −$18
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$86.63
Costs to cover: 0.230%
Break-even: never at this rate

Slippage unknown: Entropy: live order book, 1 min ago; 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 Entropy live order book, 1 min ago	1.08 bp	16.3 bp −$16	doesn't fit	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

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
Bitget NBISUSDT	−0.0369%	8h	231.14	+0.091%	$2.3M	$4.6M	20x	as long as short
Aster NBISUSDT	0.0000%	8h	231.15	+0.096%	$84K	$311K	50x	as long as short
Extended NBIS-USD	0.0000%	1h	231.02	+0.041%	$144K	$876K	10x	as long as short
Binance NBISUSDT	0.0000%	8h	231.08	+0.065%	$18.8M	$88.0M	25x	as long as short
Bybit NBISUSDT	0.0000%	8h	231.06	+0.056%	$4.9M	$6.7M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	230.93	0.000%	$3.3M	$16.0M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	231.03	+0.043%	$2.7M	$5.2M	50x	as long as short
Variational Omni NBIS	0.0000%	8h	230.87	−0.025%	$2.8M	$589K	—	as long as short
GRVT NBIS_USDT_Perp	0.0000%	8h	230.93	+0.002%	$4K	$115K	10x	as long as short
SunX NBIS-USDT	0.0000%	8h	231.10	+0.074%	$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
Deribit NBIS_USDC-PERPETUAL	0.0000%	1h	231.00	+0.030%	$34K	$49K	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	231.01	+0.035%	$15K	$57K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	231.08	+0.065%	$1.6M	$971K	10x	as long as short
BloFin NBIS-USDT	+0.0011%	8h	231.03	+0.043%	$204K	$212K	20x	as long as short
Arcus NBIS-USD	+0.0040%	1h	230.87	−0.026%	$42K	$131K	5x	as long as short
QFEX NBIS-USD	+0.0041%	1h	231.01	+0.035%	$1.5M	$3.7M	10x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	230.90	−0.013%	—	$223K	5x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	230.95	+0.009%	$137K	$473K	10x	as long as short
SoDEX NBIS-USD	+0.0050%	1h	231.04	+0.048%	$83	$20K	10x	as long as short
Ondo Perps NBIS-USD.Pshort	+0.0050%	1h	230.97	+0.017%	$150K	$542K	10x
Coinbase International NBIS-PERP-INTX	+0.0056%	1h	230.90	−0.013%	$357K	$811K	10x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	230.86	−0.030%	$476K	$27K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	231.08	+0.065%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	231.03	+0.041%	—	—	10x	as long as short
tradeXYZ xyz:NBIS	+0.0118%	1h	230.97	+0.017%	$54.1M	$21.2M	10x	as long as short
Nado NBIS-PERP	+0.0182%	1h	230.99	+0.026%	$38K	$116K	3x	as long as short
Lighter NBIS	+0.0264%	1h	231.02	+0.039%	$939K	$4.1M	10x	as long as short
Phoenix NBIS	+0.0312%	1h	231.04	+0.048%	$7K	$125K	10x	as long as short
edgeX NBISUSDC	+0.0347%	4h	230.92	−0.006%	$37K	$226K	10x	as long as short
Entropy io:NBISlong	+0.0410%	1h	230.93	long leg	$10.1M	$3.1M	10x
Kraken Futures PF_NBISUSD	+0.0540%	1h	231.03	+0.043%	$23K	$15K	20x	as long as short