NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0133%/8h= +14.5% APRnext payment +$0.17 per $10,000 · paid last 24h +0.027%

Price spread now: Nado against Deribit−0.042%7-day average — · you buy dearer than you sell

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

Long on Deribit Short on Nado

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—+ Points / potential airdropNado: Active · farm boardneeds both histories

Funding pays, the price is against you. Nado is 0.042% cheaper against Deribit than usual: you would sell low and buy high (spread −0.042% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 25 hours of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit NBIS_USDC-PERPETUAL	230.95	0.0053	pay 0.0007% / 1h	7m 42s	$34K	$49K	10x
Short	Nado NBIS-PERP	230.85	0.0186	get 0.0023% / 1h	7m 42s	$38K	$116K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now −0.042%Rate

Funding earned: $27.9
Price spread: −0.042% → 0.000%: −$4.2
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Nado: 3.5 bp × 2 orders: −$7
Net: $9.71
Costs to cover: 0.140%
Break-even: 4.6 days

Slippage unknown: Deribit: no order-book sample; Nado: live order book, 26 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 Nado live order book, 26 min ago	11.46 bp	31.6 bp −$32	doesn't fit	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	−0.0369%	8h	231.02	+0.030%	$2.3M	$4.6M	20x	as long as short
Aster NBISUSDT	0.0000%	8h	231.03	+0.033%	$84K	$311K	50x	as long as short
Extended NBIS-USD	0.0000%	1h	230.88	−0.030%	$144K	$878K	10x	as long as short
Binance NBISUSDT	0.0000%	8h	230.86	−0.039%	$18.8M	$87.9M	25x	as long as short
Bybit NBISUSDT	0.0000%	8h	231.02	+0.030%	$4.9M	$6.8M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	230.83	−0.052%	$3.3M	$16.0M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	230.88	−0.030%	$2.7M	$5.2M	50x	as long as short
Variational Omni NBIS	0.0000%	8h	230.87	−0.034%	$2.8M	$589K	—	as long as short
GRVT NBIS_USDT_Perp	0.0000%	8h	230.93	−0.007%	$4K	$115K	10x	as long as short
SunX NBIS-USDT	0.0000%	8h	230.98	+0.013%	$1K	$1.6M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX NBIS-USDT	0.0000%	8h	231.01	+0.026%	$15K	$57K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	231.03	+0.035%	$1.6M	$970K	10x	as long as short
BloFin NBIS-USDT	+0.0006%	8h	231.06	+0.048%	$204K	$212K	20x	as long as short
Arcus NBIS-USD	+0.0040%	1h	230.88	−0.030%	$42K	$131K	5x	as long as short
QFEX NBIS-USD	+0.0041%	1h	231.11	+0.069%	$1.5M	$3.7M	10x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	230.96	+0.004%	—	$223K	5x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	230.91	−0.017%	$137K	$473K	10x	as long as short
SoDEX NBIS-USD	+0.0050%	1h	230.94	−0.004%	$79	$20K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	230.97	+0.009%	$150K	$542K	10x	as long as short
Deribit NBIS_USDC-PERPETUALlong	+0.0053%	1h	230.95	long leg	$34K	$49K	10x
Coinbase International NBIS-PERP-INTX	+0.0056%	1h	230.90	−0.022%	$355K	$807K	10x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	230.81	−0.061%	$476K	$26K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	231.00	+0.022%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	230.97	+0.009%	—	—	10x	as long as short
tradeXYZ xyz:NBIS	+0.0118%	1h	230.83	−0.052%	$54.0M	$21.2M	10x	as long as short
Nado NBIS-PERPshort	+0.0186%	1h	230.85	−0.042%	$38K	$116K	3x
Lighter NBIS	+0.0264%	1h	230.88	−0.030%	$938K	$4.1M	10x	as long as short
Phoenix NBIS	+0.0312%	1h	231.04	+0.039%	$7K	$125K	10x	as long as short
edgeX NBISUSDC	+0.0347%	4h	230.92	−0.015%	$37K	$226K	10x	as long as short
Entropy io:NBIS	+0.0411%	1h	230.92	−0.013%	$10.1M	$3.1M	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0541%	1h	230.91	−0.018%	$23K	$15K	20x	as long as short