NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0383%/8h= −41.9% APRnext payment −$0.48 per $10,000 · paid last 24h −0.126%

Price spread now: Vest against Entropy+0.119%45s7-day average +0.378% · you sell dearer than you buy

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

Long on Entropy Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.122%−$12 on $10k

Price spread, last 4 days (all we have)+0.095%+$9 · spread now +0.119%, 7d avg +0.378%

Together, before fees−0.027%+ Points / potential airdropVest: Active · farm board−$3 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Vest is 0.259% cheaper against Entropy than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of +0.378%). Swap the legs. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.122% in total (about -13.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.48 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Entropy io:NBIS	235.33	0.0429	pay 0.0054% / 1h	9m 42s	$10.2M	$3.2M	10x
Short	Vest NBIS-USD-PERP	235.61	0.0046	get 0.0006% / 1h	9m 42s	—	$216K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against Entropy. 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 EntropybpFee VestbpOrdersPrice spread, now +0.119%Rate

Funding earned: −$80.41
Price spread: +0.119% → +0.378%: −$25.89
Slippage, 4 orders: no order book: not counted
Fee Entropy: 9 bp × 2 orders: −$18
Fee Vest: 1 bp × 2 orders: −$2
Net: −$126.29
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Entropy: live order book, 6 min ago; Vest: 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, 6 min ago	1.06 bp	16.2 bp −$16	doesn't fit	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

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
Nado NBIS-PERP	−0.0055%	1h	235.26	−0.028%	$38K	$115K	3x	as long as short
Bybit NBISUSDT	0.0000%	8h	235.40	+0.030%	$5.0M	$6.3M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	235.35	+0.008%	$3.4M	$16.2M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	235.38	+0.021%	$2.8M	$5.0M	50x	as long as short
Bitget NBISUSDT	0.0000%	8h	235.38	+0.021%	$2.4M	$4.4M	20x	as long as short
Variational Omni NBIS	0.0000%	8h	235.40	+0.030%	$2.9M	$561K	—	as long as short
GRVT NBIS_USDT_Perp	0.0000%	8h	235.29	−0.017%	$5K	$120K	10x	as long as short
SunX NBIS-USDT	0.0000%	8h	235.44	+0.047%	$1K	$1.7M	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	235.32	−0.004%	$15K	$60K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	235.40	+0.030%	$1.6M	$955K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX NBISUSDC	+0.0029%	4h	235.20	−0.055%	$38K	$227K	10x	as long as short
Aster NBISUSDT	+0.0038%	8h	235.33	+0.002%	$79K	$310K	50x	as long as short
QFEX NBIS-USD	+0.0038%	1h	235.34	+0.004%	$1.5M	$4.2M	10x	as long as short
Extended NBIS-USD	+0.0040%	1h	235.33	+0.002%	$150K	$701K	10x	as long as short
Arcus NBIS-USD	+0.0040%	1h	235.23	−0.042%	$43K	$132K	5x	as long as short
Binance NBISUSDT	+0.0041%	8h	235.40	+0.030%	$19.4M	$84.5M	25x	as long as short
Vest NBIS-USD-PERPshort	+0.0046%	1h	235.61	+0.119%	—	$216K	5x
tradeXYZ xyz:NBIS	+0.0050%	1h	235.36	+0.013%	$54.9M	$19.9M	10x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	235.28	−0.021%	$149K	$453K	10x	as long as short
SoDEX NBIS-USD	+0.0050%	1h	235.33	0.000%	$52	$21K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	235.24	−0.038%	$161K	$502K	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0056%	1h	235.56	+0.098%	$389K	$724K	10x	as long as short
BloFin NBIS-USDT	+0.0058%	8h	235.45	+0.051%	$207K	$205K	20x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	235.23	−0.042%	$485K	$21K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	235.31	−0.008%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	235.31	−0.008%	—	—	10x	as long as short
Lighter NBIS	+0.0168%	1h	235.50	+0.072%	$903K	$4.1M	10x	as long as short
Phoenix NBIS	+0.0272%	1h	235.26	−0.030%	$7K	$150K	10x	as long as short
Entropy io:NBISlong	+0.0429%	1h	235.33	long leg	$10.2M	$3.2M	10x
Kraken Futures PF_NBISUSD	+0.0477%	1h	235.40	+0.030%	$24K	$15K	20x	as long as short
Deribit NBIS_USDC-PERPETUAL	+0.0643%	1h	235.42	+0.038%	$35K	$49K	10x	as long as short