Funding you earn now, next payment 11:00 UTC−0.0046%/8h= −5.0% APRnext payment −$0.06 per $10,000 · paid last 24h +0.028%
Price spread now: Deribit against Vest−0.239%48s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Deribit is 0.239% cheaper against Vest than usual: you would sell low and buy high (−$24 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest NBIS-USD-PERP | 234.13 | 0.0046 | pay 0.0006% / 1h | 43m 21s | — | $250K | 5x |
| Short | Deribit NBIS_USDC-PERPETUAL | 233.57 | 0 | get 0.0000% / 1h | 43m 21s | $35K | $49K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Vest. 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
- −$9.59
- Price spread: −0.239% → 0.000%
- −$23.92
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$42.51
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Vest: no order-book sample; Deribit: 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 Vest no order-book sample | — | — | — | — | — |
| Sell Deribit no order-book sample | — | — | — | — | — |
Vest and Deribit: 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 234.03 | −0.043% | $3.3M | $16.6M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 234.01 | −0.051% | $2.8M | $5.0M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 234.03 | −0.043% | $2.3M | $4.6M | 20x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 233.59 | −0.231% | $1K | $1.4M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUALshort | 0.0000% | 1h | 233.57 | −0.239% | $35K | $49K | 10x | |
| HTX NBIS-USDT | 0.0000% | 8h | 234.47 | +0.145% | $13K | $62K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 233.84 | −0.124% | $1.6M | $969K | 10x | as long as short |
| Vest NBIS-USD-PERPlong | +0.0046% | 1h | 234.13 | long leg | — | $250K | 5x | |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 233.37 | −0.325% | $152K | $532K | 10x | as long as short |
| QFEX NBIS-USD | +0.0058% | 1h | 233.88 | −0.107% | $1.6M | $3.6M | 10x | as long as short |
Show all 31 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NBISUSDTM | +0.0100% | 8h | 233.79 | −0.145% | $474K | $186K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 233.94 | −0.081% | $2K | $3K | 10x | as long as short |
| Bybit NBISUSDT | +0.0104% | 8h | 234.14 | +0.004% | $5.4M | $7.0M | 50x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 234.06 | −0.031% | — | — | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0104% | 1h | 234.06 | −0.030% | $383K | $883K | 10x | as long as short |
| Variational Omni NBIS | +0.0111% | 8h | 233.75 | −0.164% | $2.9M | $646K | — | as long as short |
| Polymarket Perps NBIS-USD | +0.0114% | 1h | 233.98 | −0.064% | $134K | $476K | 10x | as long as short |
| Aster NBISUSDT | +0.0145% | 8h | 234.35 | +0.096% | $81K | $314K | 50x | as long as short |
| Extended NBIS-USD | +0.0176% | 1h | 233.92 | −0.091% | $149K | $842K | 10x | as long as short |
| Binance NBISUSDT | +0.0180% | 8h | 234.00 | −0.056% | $20.6M | $91.5M | 25x | as long as short |
| BloFin NBIS-USDT | +0.0197% | 8h | 233.87 | −0.111% | $207K | $217K | 20x | as long as short |
| Nado NBIS-PERP | +0.0222% | 1h | 233.98 | −0.063% | $38K | $85K | 3x | as long as short |
| edgeX NBISUSDC | +0.0334% | 4h | 233.78 | −0.148% | $31K | $234K | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0370% | 1h | 233.49 | −0.274% | $22K | $11K | 20x | as long as short |
| Lighter NBIS | +0.0376% | 1h | 234.04 | −0.038% | $946K | $3.8M | 10x | as long as short |
| Phoenix NBIS | +0.0377% | 1h | 233.68 | −0.192% | $7K | $127K | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0387% | 1h | 234.12 | −0.004% | $55.4M | $19.2M | 10x | as long as short |
| Arcus NBIS-USD | +0.0413% | 1h | 233.98 | −0.064% | $42K | $119K | 5x | as long as short |
| SoDEX NBIS-USD | +0.0495% | 1h | 233.85 | −0.120% | $84 | $19K | 10x | as long as short |
| GRVT NBIS_USDT_Perp | +0.0560% | 8h | 234.24 | +0.047% | $4K | $101K | 10x | as long as short |
| Entropy io:NBIS | +0.0761% | 1h | 233.96 | −0.073% | $10.2M | $3.0M | 10x | as long as short |
Deribit NBIS_USDC-PERPETUAL
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Bitget NBISUSDT
SunX NBIS-USDT
HTX NBIS-USDT
Phemex NBISUSDT
KuCoin NBISUSDTM
Bybit NBISUSDT
Coinbase International NBIS-PERP-INTX
Variational Omni NBIS
Polymarket Perps NBIS-USD
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
BloFin NBIS-USDT
edgeX NBISUSDC
Kraken Futures PF_NBISUSD
Lighter NBIS
Phoenix NBIS
tradeXYZ xyz:NBIS
SoDEX NBIS-USD
GRVT NBIS_USDT_Perp