NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0450%/8h= −49.3% APRnext payment −$4.50 per $10,000 · paid last 24h −0.024%

Price spread now: Bitget against Variational Omni−0.043%7-day average −0.011% · you buy dearer than you sell

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

Long on Variational Omni Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.045%−$5 on $10k

Price spread, last 7 days+0.072%+$7 · spread now −0.043%, 7d avg −0.011%

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

Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Bitget is 0.032% cheaper against Variational Omni than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.011%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.045% in total (about -4.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.50 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	Variational Omni NBIS	231.45	0	get 0.0000% / 8h	36m 34s	$2.8M	$594K	—
Short	Bitget NBISUSDT	231.35	−0.0450	pay 0.0450% / 8h	36m 34s	$2.3M	$4.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Variational Omni. 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 Variational OmnibpFee BitgetbpOrdersPrice spread, now −0.043%Rate

Funding earned: −$94.5
Price spread: −0.043% → −0.011%: −$3.17
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$109.67
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Bitget: live order book, 1 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 Variational Omni RFQ quote, 3 min ago	2.79 bp	doesn't fit	51.6 bp −$516	doesn't fit	doesn't fit
Sell Bitget live order book, 1 min ago	1.94 bp	17.4 bp −$17	27.7 bp −$277	49.3 bp −$4,926	doesn't fit

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 NBISUSDTshort	−0.0450%	8h	231.35	−0.043%	$2.3M	$4.6M	20x
Aster NBISUSDT	0.0000%	8h	231.21	−0.106%	$84K	$311K	50x	as long as short
Extended NBIS-USD	0.0000%	1h	231.24	−0.092%	$148K	$876K	10x	as long as short
Binance NBISUSDT	0.0000%	8h	231.32	−0.056%	$18.6M	$87.8M	25x	as long as short
Bybit NBISUSDT	0.0000%	8h	231.27	−0.078%	$4.9M	$6.8M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	231.30	−0.065%	$3.3M	$16.2M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	231.30	−0.065%	$2.7M	$5.2M	50x	as long as short
Variational Omni NBISlong	0.0000%	8h	231.45	long leg	$2.8M	$594K	—
GRVT NBIS_USDT_Perp	0.0000%	8h	231.29	−0.069%	$4K	$116K	10x	as long as short
SunX NBIS-USDT	0.0000%	8h	231.35	−0.043%	$992	$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
HTX NBIS-USDT	0.0000%	8h	231.29	−0.069%	$15K	$57K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	231.32	−0.056%	$1.6M	$968K	10x	as long as short
BloFin NBIS-USDT	+0.0008%	8h	231.36	−0.039%	$203K	$209K	20x	as long as short
Arcus NBIS-USD	+0.0040%	1h	231.13	−0.138%	$42K	$131K	5x	as long as short
QFEX NBIS-USD	+0.0041%	1h	231.30	−0.065%	$1.5M	$3.8M	10x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	231.09	−0.155%	—	$222K	5x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	231.13	−0.138%	$137K	$473K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	231.06	−0.168%	$150K	$543K	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0056%	1h	230.39	−0.458%	$353K	$814K	10x	as long as short
SoDEX NBIS-USD	+0.0085%	1h	231.25	−0.086%	$93	$20K	10x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	231.08	−0.160%	$476K	$20K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	231.20	−0.108%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	231.15	−0.127%	—	—	10x	as long as short
tradeXYZ xyz:NBIS	+0.0142%	1h	231.19	−0.112%	$54.3M	$21.1M	10x	as long as short
Nado NBIS-PERP	+0.0168%	1h	231.07	−0.165%	$38K	$116K	3x	as long as short
Phoenix NBIS	+0.0312%	1h	231.13	−0.138%	$7K	$125K	10x	as long as short
Lighter NBIS	+0.0368%	1h	231.30	−0.065%	$932K	$4.0M	10x	as long as short
Entropy io:NBIS	+0.0428%	1h	231.15	−0.130%	$10.1M	$3.1M	10x	as long as short
edgeX NBISUSDC	+0.0453%	4h	231.23	−0.093%	$37K	$226K	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0540%	1h	231.13	−0.136%	$23K	$15K	20x	as long as short
Deribit NBIS_USDC-PERPETUAL	+0.1049%	1h	231.16	−0.125%	$34K	$49K	10x	as long as short