NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0034%/8h= +3.8% APRnext payment +$0.04 per $10,000 · paid last 24h −0.075%

Price spread now: Ondo Perps against Coinbase International+0.034%7-day average −0.113% · you sell dearer than you buy

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

Long on Coinbase International Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.351%−$35 on $10k

Price spread, last 3 days (all we have)−0.144%−$14 · spread now +0.034%, 7d avg −0.113%

Together, before fees−0.495%+ Points / potential airdropOndo Perps: Active · farm board−$49 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 Ondo Perps is 0.147% dearer against Coinbase International than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.113%. Mind the row above: over the last 7 days funding on this pair cost −0.351%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International NBIS-PERP-INTX	236.05	0.0016	pay 0.0002% / 1h	23m 19s	$386K	$739K	10x
Short	Ondo Perps NBIS-USD.P	236.13	0.0050	get 0.0006% / 1h	23m 19s	$176K	$505K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Coinbase International. 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 Coinbase InternationalbpFee Ondo PerpsbpOrdersPrice spread, now +0.034%Rate

Funding earned: $7.22
Price spread: +0.034% → −0.113%: $14.72
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: $6.94
Costs to cover: 0.150%
Break-even: 0.3 days

Slippage unknown: Coinbase International: live order book, 50 min ago; Ondo Perps: 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 Coinbase International live order book, 50 min ago	3.20 bp	9.4 bp −$9	20.7 bp −$207	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: 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
Kraken Futures PF_NBISUSD	−0.0178%	1h	235.58	−0.198%	$24K	$15K	20x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	235.63	−0.178%	$3.4M	$16.8M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	235.64	−0.174%	$2.8M	$5.1M	50x	as long as short
SunX NBIS-USDT	0.0000%	8h	235.91	−0.059%	$1K	$1.7M	10x	as long as short
Deribit NBIS_USDC-PERPETUAL	0.0000%	1h	235.57	−0.203%	$35K	$48K	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	235.58	−0.199%	$15K	$112K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	235.70	−0.148%	$1.6M	$973K	10x	as long as short
Coinbase International NBIS-PERP-INTXlong	+0.0016%	1h	236.05	long leg	$386K	$739K	10x
QFEX NBIS-USD	+0.0038%	1h	235.57	−0.203%	$1.5M	$4.9M	10x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	235.98	−0.030%	—	$224K	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit NBISUSDT	+0.0049%	8h	235.63	−0.178%	$5.1M	$6.5M	50x	as long as short
Ondo Perps NBIS-USD.Pshort	+0.0050%	1h	236.13	+0.034%	$176K	$505K	10x
KuCoin NBISUSDTM	+0.0100%	8h	235.40	−0.275%	$485K	$23K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	235.58	−0.199%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	235.60	−0.190%	—	—	10x	as long as short
Bitget NBISUSDT	+0.0108%	8h	235.70	−0.148%	$2.5M	$4.6M	20x	as long as short
SoDEX NBIS-USD	+0.0131%	1h	235.67	−0.161%	$52	$20K	10x	as long as short
Nado NBIS-PERP	+0.0182%	1h	235.47	−0.244%	$31K	$66K	3x	as long as short
edgeX NBISUSDC	+0.0184%	4h	235.95	−0.044%	$38K	$228K	10x	as long as short
Variational Omni NBIS	+0.0240%	8h	236.09	+0.017%	$2.9M	$820K	—	as long as short
Aster NBISUSDT	+0.0248%	8h	235.67	−0.160%	$81K	$308K	50x	as long as short
BloFin NBIS-USDT	+0.0255%	8h	235.72	−0.140%	$207K	$211K	20x	as long as short
Binance NBISUSDT	+0.0270%	8h	235.53	−0.219%	$19.6M	$85.6M	25x	as long as short
Extended NBIS-USD	+0.0272%	1h	235.49	−0.237%	$151K	$812K	10x	as long as short
Polymarket Perps NBIS-USD	+0.0311%	1h	235.66	−0.165%	$134K	$444K	10x	as long as short
Lighter NBIS	+0.0328%	1h	235.79	−0.110%	$926K	$4.5M	10x	as long as short
Arcus NBIS-USD	+0.0366%	1h	235.76	−0.123%	$44K	$132K	5x	as long as short
Phoenix NBIS	+0.0409%	1h	235.89	−0.068%	$7K	$163K	10x	as long as short
tradeXYZ xyz:NBIS	+0.0409%	1h	235.57	−0.203%	$55.1M	$23.7M	10x	as long as short
GRVT NBIS_USDT_Perp	+0.0446%	8h	236.00	−0.021%	$5K	$132K	10x	as long as short
Entropy io:NBIS	+0.0870%	1h	235.75	−0.127%	$10.3M	$3.4M	10x	as long as short