Funding you earn now, next payment 07:00 UTC−0.0176%/8h= −19.3% APRnext payment −$0.22 per $10,000 · paid last 24h −0.014%
Price spread now: Polymarket Perps against Deribit−0.022%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Polymarket Perps is 0.022% cheaper against Deribit than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit NBIS_USDC-PERPETUAL | 231.12 | 0.0226 | pay 0.0028% / 1h | 52m 15s | $34K | $49K | 10x |
| Short | Polymarket Perps NBIS-USD | 231.07 | 0.0050 | get 0.0006% / 1h | 52m 15s | $137K | $473K | 10x |
Deribit NBIS_USDC-PERPETUAL
Polymarket Perps NBIS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Deribit. 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
- −$37
- Price spread: −0.022% → 0.000%
- −$2.16
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$54.16
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; Polymarket Perps: live order book, 55 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 Polymarket Perps live order book, 55 min ago | 1.73 bp | 5.7 bp −$6 | 7.3 bp −$73 | 27.0 bp −$2,700 | 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 | −0.0395% | 8h | 231.21 | +0.039% | $2.3M | $4.5M | 20x | as long as short |
| Aster NBISUSDT | 0.0000% | 8h | 231.07 | −0.023% | $84K | $311K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 231.08 | −0.018% | $145K | $742K | 10x | as long as short |
| Binance NBISUSDT | 0.0000% | 8h | 231.13 | +0.004% | $18.6M | $87.1M | 25x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 231.21 | +0.039% | $4.9M | $6.5M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 231.06 | −0.026% | $3.3M | $16.2M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 231.13 | +0.004% | $2.7M | $5.1M | 50x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 231.22 | +0.045% | $2.8M | $602K | — | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 231.42 | +0.130% | $5K | $116K | 10x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 231.40 | +0.121% | $1K | $1.6M | 10x | as long as short |
Bitget NBISUSDT
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Variational Omni NBIS
GRVT NBIS_USDT_Perp
SunX NBIS-USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX NBIS-USDT | 0.0000% | 8h | 231.31 | +0.082% | $15K | $61K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 231.13 | +0.004% | $1.6M | $961K | 10x | as long as short |
| BloFin NBIS-USDT | +0.0030% | 8h | 231.30 | +0.078% | $204K | $206K | 20x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 231.32 | +0.087% | $42K | $132K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 231.30 | +0.078% | — | $220K | 5x | as long as short |
| Polymarket Perps NBIS-USDshort | +0.0050% | 1h | 231.07 | −0.022% | $137K | $473K | 10x | |
| SoDEX NBIS-USD | +0.0050% | 1h | 231.07 | −0.022% | $88 | $20K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 231.24 | +0.052% | $151K | $548K | 10x | as long as short |
| QFEX NBIS-USD | +0.0056% | 1h | 231.14 | +0.009% | $1.5M | $3.9M | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 231.03 | −0.039% | $476K | $20K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 231.14 | +0.009% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 231.11 | −0.005% | — | — | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0120% | 1h | 232.18 | +0.459% | $352K | $816K | 10x | as long as short |
| Nado NBIS-PERP | +0.0136% | 1h | 231.04 | −0.034% | $38K | $115K | 3x | as long as short |
| tradeXYZ xyz:NBIS | +0.0196% | 1h | 231.06 | −0.026% | $54.3M | $21.0M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUALlong | +0.0226% | 1h | 231.12 | long leg | $34K | $49K | 10x | |
| Phoenix NBIS | +0.0311% | 1h | 231.70 | +0.251% | $7K | $150K | 10x | as long as short |
| Lighter NBIS | +0.0336% | 1h | 231.12 | 0.000% | $941K | $3.9M | 10x | as long as short |
| Entropy io:NBIS | +0.0537% | 1h | 231.39 | +0.117% | $10.0M | $3.1M | 10x | as long as short |
| edgeX NBISUSDC | +0.0655% | 4h | 231.33 | +0.089% | $37K | $226K | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0684% | 1h | 231.07 | −0.021% | $23K | $15K | 20x | as long as short |
HTX NBIS-USDT
Phemex NBISUSDT
BloFin NBIS-USDT
Arcus NBIS-USD
Vest NBIS-USD-PERP
SoDEX NBIS-USD
Ondo Perps NBIS-USD.P
QFEX NBIS-USD
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
Coinbase International NBIS-PERP-INTX
Nado NBIS-PERP
tradeXYZ xyz:NBIS
Phoenix NBIS
Lighter NBIS
Entropy io:NBIS
edgeX NBISUSDC
Kraken Futures PF_NBISUSD