NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.012%

Price spread now: Bybit against Orderly+0.076%7-day average — · you sell dearer than you buy

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

Long on Orderly Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Bybit is 0.076% dearer against Orderly than usual: you sell high and buy low (spread +0.076% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_NBIS_USDC_mythos	235.49	0.0100	pay 0.0100% / 8h	5h 01m	$2K	$3K	10x
Short	Bybit NBISUSDT	235.67	0	get 0.0000% / 8h	5h 01m	$5.1M	$6.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Orderly. 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 OrderlybpFee BybitbpOrdersPrice spread, now +0.076%Rate

Funding earned: −$21
Price spread: +0.076% → 0.000%: $7.64
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$30.36
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; Bybit: live order book, 2 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 Orderly no order-book sample	—	—	—	—	—
Sell Bybit live order book, 2 min ago	2.55 bp	11.2 bp −$11	73.8 bp −$738	doesn't fit	doesn't fit

Orderly: 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	−0.0020%	1h	235.43	−0.026%	$64K	$100K	3x	as long as short
Bybit NBISUSDTshort	0.0000%	8h	235.67	+0.076%	$5.1M	$6.2M	50x
OKX NBIS-USDT-SWAP	0.0000%	8h	235.45	−0.017%	$3.4M	$16.2M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	235.52	+0.013%	$2.8M	$5.1M	50x	as long as short
Bitget NBISUSDT	0.0000%	8h	235.54	+0.021%	$2.4M	$4.4M	20x	as long as short
GRVT NBIS_USDT_Perp	0.0000%	8h	235.42	−0.032%	$5K	$120K	10x	as long as short
SunX NBIS-USDT	0.0000%	8h	235.51	+0.008%	$1K	$1.7M	10x	as long as short
Deribit NBIS_USDC-PERPETUAL	0.0000%	1h	235.41	−0.034%	$35K	$48K	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	235.50	+0.004%	$15K	$60K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	235.55	+0.025%	$1.6M	$960K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX NBIS-USD	+0.0023%	1h	235.45	−0.017%	$1.5M	$4.2M	10x	as long as short
Arcus NBIS-USD	+0.0040%	1h	235.27	−0.093%	$43K	$132K	5x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	235.74	+0.106%	—	$215K	5x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	235.43	−0.025%	$150K	$453K	10x	as long as short
SoDEX NBIS-USD	+0.0050%	1h	235.51	+0.008%	$42	$20K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	235.37	−0.051%	$164K	$500K	10x	as long as short
tradeXYZ xyz:NBIS	+0.0062%	1h	235.55	+0.025%	$55.2M	$19.6M	10x	as long as short
Variational Omni NBIS	+0.0066%	8h	235.50	+0.005%	$2.9M	$566K	—	as long as short
BloFin NBIS-USDT	+0.0098%	8h	235.56	+0.030%	$207K	$205K	20x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	235.36	−0.055%	$485K	$21K	20x	as long as short
Orderly PERP_NBIS_USDC_mythoslong	+0.0100%	8h	235.49	long leg	$2K	$3K	10x
Aevo NBIS-PERP	+0.0104%	1h	235.47	−0.007%	—	—	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0104%	1h	235.35	−0.059%	$389K	$725K	10x	as long as short
Aster NBISUSDT	+0.0109%	8h	235.44	−0.021%	$81K	$307K	50x	as long as short
Extended NBIS-USD	+0.0112%	1h	235.48	−0.005%	$147K	$706K	10x	as long as short
Binance NBISUSDT	+0.0113%	8h	235.66	+0.072%	$19.3M	$84.4M	25x	as long as short
Kraken Futures PF_NBISUSD	+0.0151%	1h	235.33	−0.066%	$24K	$15K	20x	as long as short
Lighter NBIS	+0.0256%	1h	235.58	+0.038%	$902K	$4.3M	10x	as long as short
Phoenix NBIS	+0.0308%	1h	235.30	−0.081%	$7K	$150K	10x	as long as short
Entropy io:NBIS	+0.0514%	1h	235.41	−0.034%	$10.2M	$3.3M	10x	as long as short
edgeX NBISUSDC	+0.0535%	4h	235.54	+0.023%	$38K	$227K	10x	as long as short