Funding you earn now, next payment 08:00 UTC−0.0198%/8h= −21.6% APRnext payment −$1.98 per $10,000 · paid last 24h −0.024%
Price spread now: Phemex against Variational Omni+0.155%7-day average +0.015% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.093%−$9 on $10k
+Price spread, last 3 days (all we have)−0.199%−$20 · spread now +0.155%, 7d avg +0.015%
=Together, before fees−0.292%+ Points / potential airdropVariational Omni: Active · farm board−$29 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Phemex is 0.141% dearer against Variational Omni than usual: you sell high and buy low (spread +0.155% now, against its 7-day average of +0.015%): +$14 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 2.4 days. At the pace of the last 3 days (−0.093% in total) that is about 5.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni NBIS | 236.05 | 0.0198 | pay 0.0198% / 8h | 7h 47m | $2.9M | $817K | — |
| Short | Phemex NBISUSDT | 236.42 | 0 | get 0.0000% / 8h | 7h 47m | $1.6M | $973K | 10x |
Variational Omni NBIS
Phemex NBISUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$41.49
- Price spread: +0.155% → +0.015%
- $14.07
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$39.42
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Phemex: 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, 2 min ago | 4.11 bp | doesn't fit | 49.1 bp −$491 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 1 min ago | 3.81 bp | 50.7 bp −$51 | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NBISUSD | −0.0178% | 1h | 236.27 | +0.092% | $24K | $15K | 20x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 236.45 | +0.168% | $3.4M | $17.1M | 25x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 236.43 | +0.160% | $2.5M | $4.7M | 20x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 236.42 | +0.155% | $1K | $1.7M | 10x | as long as short |
| Phemex NBISUSDTshort | 0.0000% | 8h | 236.42 | +0.155% | $1.6M | $973K | 10x | |
| Coinbase International NBIS-PERP-INTX | +0.0016% | 1h | 235.49 | −0.239% | $361K | $683K | 10x | as long as short |
| HTX NBIS-USDT | +0.0033% | 8h | 236.39 | +0.143% | $15K | $112K | 20x | as long as short |
| QFEX NBIS-USD | +0.0038% | 1h | 236.35 | +0.126% | $1.5M | $5.1M | 10x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 236.58 | +0.223% | — | $234K | 5x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 236.21 | +0.066% | $175K | $507K | 10x | as long as short |
Kraken Futures PF_NBISUSD
OKX NBIS-USDT-SWAP
Bitget NBISUSDT
SunX NBIS-USDT
Coinbase International NBIS-PERP-INTX
HTX NBIS-USDT
QFEX NBIS-USD
Vest NBIS-USD-PERP
Ondo Perps NBIS-USD.PShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NBISUSDTM | +0.0100% | 8h | 236.13 | +0.032% | $487K | $24K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 236.40 | +0.147% | $2K | $3K | 10x | as long as short |
| Gate NBIS_USDT | +0.0103% | 8h | 236.32 | +0.113% | $2.8M | $5.1M | 50x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 235.98 | −0.029% | — | — | 10x | as long as short |
| Variational Omni NBISlong | +0.0198% | 8h | 236.05 | long leg | $2.9M | $817K | — | |
| Nado NBIS-PERP | +0.0205% | 1h | 236.20 | +0.061% | $29K | $63K | 3x | as long as short |
| Aster NBISUSDT | +0.0226% | 8h | 236.09 | +0.014% | $82K | $308K | 50x | as long as short |
| Extended NBIS-USD | +0.0240% | 1h | 236.37 | +0.135% | $143K | $805K | 10x | as long as short |
| Binance NBISUSDT | +0.0243% | 8h | 236.47 | +0.177% | $19.6M | $86.0M | 25x | as long as short |
| BloFin NBIS-USDT | +0.0272% | 8h | 236.48 | +0.181% | $206K | $214K | 20x | as long as short |
| Bybit NBISUSDT | +0.0298% | 8h | 236.41 | +0.151% | $5.2M | $6.5M | 50x | as long as short |
| Arcus NBIS-USD | +0.0366% | 1h | 235.98 | −0.031% | $44K | $132K | 5x | as long as short |
| Lighter NBIS | +0.0384% | 1h | 236.51 | +0.193% | $930K | $4.4M | 10x | as long as short |
| edgeX NBISUSDC | +0.0391% | 4h | 236.21 | +0.068% | $38K | $229K | 10x | as long as short |
| Phoenix NBIS | +0.0409% | 1h | 236.34 | +0.121% | $7K | $163K | 10x | as long as short |
| GRVT NBIS_USDT_Perp | +0.0498% | 8h | 236.24 | +0.078% | $5K | $137K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0667% | 1h | 236.39 | +0.143% | $24 | $20K | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.0724% | 1h | 236.40 | +0.147% | $35K | $48K | 10x | as long as short |
| Polymarket Perps NBIS-USD | +0.0842% | 1h | 236.41 | +0.151% | $140K | $429K | 10x | as long as short |
| Entropy io:NBIS | +0.0903% | 1h | 235.99 | −0.027% | $10.3M | $3.4M | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0955% | 1h | 236.36 | +0.130% | $55.3M | $23.6M | 10x | as long as short |
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Gate NBIS_USDT
Aevo NBIS-PERP
Nado NBIS-PERP
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
BloFin NBIS-USDT
Bybit NBISUSDT
Arcus NBIS-USD
Lighter NBIS
edgeX NBISUSDC
Phoenix NBIS
GRVT NBIS_USDT_Perp
SoDEX NBIS-USD
Deribit NBIS_USDC-PERPETUAL
Polymarket Perps NBIS-USD
Entropy io:NBIS
tradeXYZ xyz:NBIS