NBIS

Alert

Funding spread now, next payment 18:00 UTC−0.0200%/8h

paid, last 24h−0.005%paid, last 3 days−0.011%to open and closeno order book

The current rate is far above what this pair has been paying: over the last 3 days it paid -0.011% in total (about -1.3% a year). A funding rate is set anew for every payment. 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	Nado NBIS-PERP	233.59	0.0200	pay 0.0025% / 1h	25m 58s	$29K	$65K	3x
Short	Variational Omni NBIS	233.30	0	get 0.0000% / 8h	6h 25m	$2.8M	$791K	—

Funding history

latest

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Funding on every exchange

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Profit calculator

Position, each leg$Hold fordaysFee NadobpFee Variational OmnibpOrdersRate

Funding earned: −$42.1
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$49.1
Break-even: never at this rate

Slippage unknown: Nado: no order-book sample; Variational Omni: RFQ quote, 5 min ago. Net counts fees only.

Price risk

price view

Price gap now: −0.124%
Avg gap 7d: —

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Nado no order-book sample	—	—	—	—	—
Sell Variational Omni RFQ quote, 5 min ago	4.58 bp	doesn't fit	45.5 bp −$455	doesn't fit	doesn't fit

Nado: 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 30 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Kraken Futures PF_NBISUSD	−0.0163%	1h	$25K	$10K	20x	as long as short
BloFin NBIS-USDT	−0.0002%	8h	$214K	$200K	20x	as long as short
Bybit NBISUSDT	0.0000%	8h	$5.2M	$5.7M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	$3.5M	$15.2M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	$2.9M	$4.6M	50x	as long as short
Bitget NBISUSDT	0.0000%	8h	$2.6M	$4.3M	20x	as long as short
Variational Omni NBISshort	0.0000%	8h	$2.8M	$791K	—
SunX NBIS-USDT	0.0000%	8h	$1K	$1.7M	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	$18K	$109K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	$1.6M	$831K	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Extended NBIS-USD	+0.0024%	1h	$160K	$673K	10x	as long as short
Binance NBISUSDT	+0.0025%	8h	$21.0M	$72.2M	25x	as long as short
Arcus NBIS-USD	+0.0040%	1h	$41K	$93K	5x	as long as short
QFEX NBIS-USD	+0.0042%	1h	$1.3M	$4.4M	10x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	—	$141K	5x	as long as short
tradeXYZ xyz:NBIS	+0.0050%	1h	$54.2M	$20.3M	10x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	$129K	$520K	10x	as long as short
SoDEX NBIS-USD	+0.0050%	1h	$117	$20K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	$157K	$476K	10x	as long as short
Deribit NBIS_USDC-PERPETUAL	+0.0092%	1h	$36K	$88K	10x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	$498K	$19K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	$2K	$4K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	—	—	10x	as long as short
Aster NBISUSDT	+0.0134%	8h	$103K	$218K	50x	as long as short
Lighter NBIS	+0.0160%	1h	$1.0M	$4.3M	10x	as long as short
Entropy io:NBIS	+0.0189%	1h	$10.2M	$3.2M	10x	as long as short
Nado NBIS-PERPlong	+0.0200%	1h	$29K	$65K	3x
Coinbase International NBIS-PERP-INTX	+0.0272%	1h	$369K	$538K	10x	as long as short
Phoenix NBIS	+0.0274%	1h	$7K	$173K	10x	as long as short
edgeX NBISUSDC	+0.0403%	4h	$37K	$236K	10x	as long as short