NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0450%/8h= −49.3% APRnext payment −$0.56 per $10,000 · paid last 24h +0.046%

Price spread now: Coinbase International against Deribit+0.039%7-day average — · you sell dearer than you buy

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

Long on Deribit Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Coinbase International is 0.039% dearer against Deribit than usual: you sell high and buy low (spread +0.039% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 7 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit NBIS_USDC-PERPETUAL	230.53	0.0618	pay 0.0077% / 1h	24m 39s	$34K	$49K	10x
Short	Coinbase International NBIS-PERP-INTX	230.62	0.0168	get 0.0021% / 1h	24m 39s	$353K	$792K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Deribit. 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 DeribitbpFee Coinbase InternationalbpOrdersPrice spread, now +0.039%Rate

Funding earned: −$94.57
Price spread: +0.039% → 0.000%: $3.9
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$107.66
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Deribit: no order-book sample; Coinbase International: live order book, 24 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 Deribit no order-book sample	—	—	—	—	—
Sell Coinbase International live order book, 24 min ago	7.11 bp	12.2 bp −$12	17.9 bp −$179	doesn't fit	doesn't fit

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 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	−0.0495%	8h	230.68	+0.065%	$2.3M	$4.6M	20x	as long as short
BloFin NBIS-USDT	−0.0029%	8h	230.52	−0.004%	$204K	$204K	20x	as long as short
Aster NBISUSDT	0.0000%	8h	230.44	−0.041%	$84K	$311K	50x	as long as short
Extended NBIS-USD	0.0000%	1h	230.34	−0.084%	$146K	$757K	10x	as long as short
Binance NBISUSDT	0.0000%	8h	230.47	−0.026%	$18.4M	$86.7M	25x	as long as short
Bybit NBISUSDT	0.0000%	8h	230.52	−0.004%	$4.9M	$6.4M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	230.52	−0.004%	$3.3M	$16.1M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	230.44	−0.039%	$2.7M	$5.1M	50x	as long as short
Variational Omni NBIS	0.0000%	8h	230.38	−0.066%	$2.9M	$554K	—	as long as short
GRVT NBIS_USDT_Perp	0.0000%	8h	230.84	+0.134%	$5K	$118K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX NBIS-USDT	0.0000%	8h	230.70	+0.074%	$974	$1.6M	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	230.52	−0.004%	$15K	$61K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	230.54	+0.004%	$1.6M	$955K	10x	as long as short
Nado NBIS-PERP	+0.0013%	1h	230.19	−0.146%	$37K	$115K	3x	as long as short
QFEX NBIS-USD	+0.0029%	1h	230.48	−0.022%	$1.5M	$3.9M	10x	as long as short
Arcus NBIS-USD	+0.0040%	1h	230.35	−0.078%	$42K	$132K	5x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	230.26	−0.117%	—	$220K	5x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	230.43	−0.043%	$137K	$473K	10x	as long as short
SoDEX NBIS-USD	+0.0050%	1h	230.36	−0.074%	$97	$20K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	230.65	+0.052%	$152K	$532K	10x	as long as short
tradeXYZ xyz:NBIS	+0.0063%	1h	230.34	−0.082%	$53.5M	$20.5M	10x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	230.33	−0.087%	$475K	$20K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	230.43	−0.043%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	230.39	−0.062%	—	—	10x	as long as short
Coinbase International NBIS-PERP-INTXshort	+0.0168%	1h	230.62	+0.039%	$353K	$792K	10x
Lighter NBIS	+0.0216%	1h	230.43	−0.043%	$928K	$4.0M	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0223%	1h	230.40	−0.058%	$23K	$15K	20x	as long as short
Phoenix NBIS	+0.0242%	1h	230.44	−0.039%	$7K	$150K	10x	as long as short
Entropy io:NBIS	+0.0292%	1h	230.43	−0.043%	$10.0M	$3.2M	10x	as long as short
edgeX NBISUSDC	+0.0361%	4h	230.33	−0.089%	$37K	$226K	10x	as long as short
Deribit NBIS_USDC-PERPETUALlong	+0.0618%	1h	230.53	long leg	$34K	$49K	10x