Funding you earn now, next payment 04:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.04 per $10,000 · paid last 24h +0.062%
Price spread now: tradeXYZ against Vest−0.136%7-day average −0.471% · 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)+0.070%+$7 on $10k
+Price spread, last 4 days (all we have)−0.124%−$12 · spread now −0.136%, 7d avg −0.471%
=Together, before fees−0.054%+ Points / potential airdropVest: Active · tradeXYZ: Active · farm board−$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and tradeXYZ is 0.335% dearer against Vest than usual: you sell high and buy low: +$34 more if the spread goes back to its 7-day average of −0.471%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest NBIS-USD-PERP | 235.86 | 0.0046 | pay 0.0006% / 1h | 59m 09s | — | $215K | 5x |
| Short | tradeXYZ xyz:NBIS | 235.54 | 0.0076 | get 0.0009% / 1h | 59m 09s | $55.2M | $19.7M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $6.28
- Price spread: −0.136% → −0.471%
- $33.55
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $19.83
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: Vest: no order-book sample; tradeXYZ: live order book, 10 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 tradeXYZ live order book, 10 min ago | 0.64 bp | 9.8 bp −$10 | 13.6 bp −$136 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado NBIS-PERP | −0.0344% | 1h | 235.63 | −0.096% | $64K | $100K | 3x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 235.65 | −0.089% | $5.1M | $6.2M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 235.62 | −0.102% | $3.4M | $16.2M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 235.67 | −0.081% | $2.8M | $5.0M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 235.68 | −0.076% | $2.4M | $4.4M | 20x | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 235.57 | −0.123% | $5K | $120K | 10x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 235.72 | −0.059% | $1K | $1.7M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | 0.0000% | 1h | 235.59 | −0.114% | $35K | $48K | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 235.50 | −0.153% | $15K | $60K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 235.69 | −0.072% | $1.6M | $959K | 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 | 235.61 | −0.106% | $1.5M | $4.2M | 10x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 235.37 | −0.208% | $43K | $132K | 5x | as long as short |
| Vest NBIS-USD-PERPlong | +0.0046% | 1h | 235.86 | long leg | — | $215K | 5x | |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 235.52 | −0.144% | $150K | $453K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 235.66 | −0.085% | $33 | $21K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 235.37 | −0.208% | $164K | $500K | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0056% | 1h | 235.35 | −0.216% | $389K | $724K | 10x | as long as short |
| Variational Omni NBIS | +0.0066% | 8h | 235.50 | −0.152% | $2.9M | $566K | — | as long as short |
| tradeXYZ xyz:NBISshort | +0.0076% | 1h | 235.54 | −0.136% | $55.2M | $19.7M | 10x | |
| KuCoin NBISUSDTM | +0.0100% | 8h | 235.44 | −0.178% | $485K | $21K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 235.64 | −0.093% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 235.66 | −0.084% | — | — | 10x | as long as short |
| Aster NBISUSDT | +0.0106% | 8h | 235.67 | −0.081% | $81K | $307K | 50x | as long as short |
| Binance NBISUSDT | +0.0110% | 8h | 235.70 | −0.068% | $19.3M | $84.4M | 25x | as long as short |
| Extended NBIS-USD | +0.0112% | 1h | 235.64 | −0.092% | $147K | $706K | 10x | as long as short |
| BloFin NBIS-USDT | +0.0115% | 8h | 235.74 | −0.051% | $207K | $205K | 20x | as long as short |
| Lighter NBIS | +0.0136% | 1h | 235.71 | −0.064% | $902K | $4.0M | 10x | as long as short |
| Phoenix NBIS | +0.0308% | 1h | 235.30 | −0.237% | $7K | $149K | 10x | as long as short |
| edgeX NBISUSDC | +0.0325% | 4h | 235.54 | −0.137% | $38K | $227K | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0476% | 1h | 235.56 | −0.128% | $24K | $15K | 20x | as long as short |
| Entropy io:NBIS | +0.0502% | 1h | 235.56 | −0.127% | $10.2M | $3.3M | 10x | as long as short |
tradeXYZ xyz:NBIS
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Bitget NBISUSDT
GRVT NBIS_USDT_Perp
SunX NBIS-USDT
Deribit NBIS_USDC-PERPETUAL
HTX NBIS-USDT
Phemex NBISUSDT
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
Coinbase International NBIS-PERP-INTX
Variational Omni NBIS
KuCoin NBISUSDTM
Aster NBISUSDT
Binance NBISUSDT
Extended NBIS-USD
BloFin NBIS-USDT
Lighter NBIS
Phoenix NBIS
edgeX NBISUSDC
Kraken Futures PF_NBISUSD