Funding you earn now, next payment 06:00 UTC+0.0334%/8h= +36.6% APRnext payment +$0.42 per $10,000 · paid last 24h +0.122%
Price spread now: Entropy against Vest−0.116%7-day average −0.369% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.129%+$13 on $10k
+Price spread, last 4 days (all we have)+0.011%+$1 · spread now −0.116%, 7d avg −0.369%
=Together, before fees+0.140%+ Points / potential airdropVest: Active · farm board+$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Entropy is 0.253% dearer against Vest than usual: you sell high and buy low: +$25 more if the spread goes back to its 7-day average of −0.369%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest NBIS-USD-PERP | 232.14 | 0.0046 | pay 0.0006% / 1h | 10m 16s | — | $220K | 5x |
| Short | Entropy io:NBIS | 231.87 | 0.0380 | get 0.0047% / 1h | 10m 16s | $10.1M | $3.2M | 10x |
Vest NBIS-USD-PERP
Entropy io:NBISFunding history
latest
Range statsloading…
Price spread between the two exchanges
Entropy 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
- $70.13
- Price spread: −0.116% → −0.369%
- $25.28
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Entropy: 9 bp × 2 orders
- −$18
- Net
- $75.41
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: Vest: no order-book sample; Entropy: live order book, 7 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 Vest no order-book sample | — | — | — | — | — |
| Sell Entropy live order book, 7 min ago | 1.29 bp | 25.6 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
Vest: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget NBISUSDT | −0.0483% | 8h | 232.25 | +0.047% | $2.3M | $4.6M | 20x | as long as short |
| BloFin NBIS-USDT | −0.0008% | 8h | 232.16 | +0.009% | $204K | $206K | 20x | as long as short |
| Aster NBISUSDT | 0.0000% | 8h | 232.27 | +0.055% | $85K | $311K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 232.15 | +0.002% | $146K | $753K | 10x | as long as short |
| Binance NBISUSDT | 0.0000% | 8h | 232.39 | +0.107% | $18.6M | $87.0M | 25x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 232.44 | +0.129% | $4.9M | $6.5M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 232.41 | +0.116% | $3.3M | $16.2M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 232.28 | +0.060% | $2.7M | $5.1M | 50x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 232.26 | +0.054% | $2.8M | $602K | — | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 231.39 | −0.324% | $5K | $117K | 10x | as long as short |
Bitget NBISUSDT
BloFin NBIS-USDT
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Variational Omni NBIS
GRVT NBIS_USDT_PerpShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX NBIS-USDT | 0.0000% | 8h | 232.17 | +0.013% | $1K | $1.6M | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 232.24 | +0.043% | $15K | $61K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 232.46 | +0.138% | $1.6M | $957K | 10x | as long as short |
| QFEX NBIS-USD | +0.0029% | 1h | 232.11 | −0.013% | $1.5M | $3.9M | 10x | as long as short |
| Nado NBIS-PERP | +0.0038% | 1h | 232.06 | −0.033% | $38K | $115K | 3x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 231.80 | −0.146% | $42K | $132K | 5x | as long as short |
| Vest NBIS-USD-PERPlong | +0.0046% | 1h | 232.14 | long leg | — | $220K | 5x | |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 232.12 | −0.009% | $138K | $473K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 232.09 | −0.022% | $152K | $548K | 10x | as long as short |
| edgeX NBISUSDC | +0.0060% | 4h | 231.91 | −0.097% | $37K | $225K | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 232.01 | −0.056% | $478K | $20K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 232.30 | +0.069% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 232.30 | +0.067% | — | — | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0109% | 1h | 232.16 | +0.009% | $54.6M | $21.1M | 10x | as long as short |
| SoDEX NBIS-USD | +0.0139% | 1h | 232.28 | +0.060% | $102 | $20K | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0168% | 1h | 231.92 | −0.095% | $351K | $815K | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0222% | 1h | 232.24 | +0.044% | $23K | $15K | 20x | as long as short |
| Phoenix NBIS | +0.0242% | 1h | 231.99 | −0.065% | $7K | $150K | 10x | as long as short |
| Lighter NBIS | +0.0248% | 1h | 232.43 | +0.125% | $940K | $4.0M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.0310% | 1h | 232.15 | +0.004% | $34K | $49K | 10x | as long as short |
| Entropy io:NBISshort | +0.0380% | 1h | 231.87 | −0.116% | $10.1M | $3.2M | 10x |
SunX NBIS-USDT
HTX NBIS-USDT
Phemex NBISUSDT
QFEX NBIS-USD
Nado NBIS-PERP
Arcus NBIS-USD
Polymarket Perps NBIS-USD
Ondo Perps NBIS-USD.P
edgeX NBISUSDC
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
tradeXYZ xyz:NBIS
SoDEX NBIS-USD
Coinbase International NBIS-PERP-INTX
Kraken Futures PF_NBISUSD
Phoenix NBIS
Lighter NBIS
Deribit NBIS_USDC-PERPETUAL