Funding you earn now, next payment 08:00 UTC−0.0655%/8h= −71.8% APRnext payment −$0.82 per $10,000 · paid last 24h −0.019%
Price spread now: Vest against Deribit−0.112%48s7-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
=Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and Vest is 0.112% cheaper against Deribit than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit NBIS_USDC-PERPETUAL | 231.56 | 0.0701 | pay 0.0088% / 1h | 33m 35s | $34K | $49K | 10x |
| Short | Vest NBIS-USD-PERP | 231.30 | 0.0046 | get 0.0006% / 1h | 33m 35s | — | $222K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Vest 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
- −$137.61
- Price spread: −0.112% → 0.000%
- −$11.23
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$157.84
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; Vest: 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Vest no order-book sample | — | — | — | — | — |
Deribit and 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget NBISUSDT | −0.0432% | 8h | 231.43 | −0.056% | $2.3M | $4.6M | 20x | as long as short |
| Aster NBISUSDT | 0.0000% | 8h | 231.32 | −0.102% | $84K | $311K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 231.29 | −0.115% | $148K | $876K | 10x | as long as short |
| Binance NBISUSDT | 0.0000% | 8h | 231.36 | −0.086% | $18.7M | $87.8M | 25x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 231.48 | −0.035% | $4.9M | $6.8M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 231.34 | −0.095% | $3.3M | $16.1M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 231.44 | −0.052% | $2.7M | $5.2M | 50x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 231.17 | −0.168% | $2.8M | $594K | — | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 231.32 | −0.104% | $4K | $116K | 10x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 231.36 | −0.086% | $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 | 231.29 | −0.117% | $15K | $57K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 231.47 | −0.039% | $1.6M | $970K | 10x | as long as short |
| BloFin NBIS-USDT | +0.0028% | 8h | 231.35 | −0.091% | $203K | $209K | 20x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 231.16 | −0.173% | $42K | $131K | 5x | as long as short |
| QFEX NBIS-USD | +0.0041% | 1h | 231.49 | −0.030% | $1.5M | $3.8M | 10x | as long as short |
| Vest NBIS-USD-PERPshort | +0.0046% | 1h | 231.30 | −0.112% | — | $222K | 5x | |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 231.36 | −0.086% | $137K | $473K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 231.06 | −0.216% | $150K | $543K | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0056% | 1h | 230.39 | −0.505% | $353K | $810K | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 231.23 | −0.143% | $477K | $20K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 231.43 | −0.056% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 231.42 | −0.059% | — | — | 10x | as long as short |
| SoDEX NBIS-USD | +0.0109% | 1h | 231.37 | −0.082% | $102 | $20K | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0151% | 1h | 231.34 | −0.095% | $54.4M | $21.1M | 10x | as long as short |
| Nado NBIS-PERP | +0.0173% | 1h | 231.14 | −0.180% | $38K | $116K | 3x | as long as short |
| Phoenix NBIS | +0.0312% | 1h | 231.13 | −0.186% | $7K | $125K | 10x | as long as short |
| edgeX NBISUSDC | +0.0332% | 4h | 231.30 | −0.114% | $37K | $227K | 10x | as long as short |
| Lighter NBIS | +0.0352% | 1h | 231.40 | −0.069% | $933K | $4.0M | 10x | as long as short |
| Entropy io:NBIS | +0.0440% | 1h | 231.28 | −0.121% | $10.1M | $3.1M | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0540% | 1h | 231.41 | −0.065% | $23K | $15K | 20x | as long as short |
| Deribit NBIS_USDC-PERPETUALlong | +0.0701% | 1h | 231.56 | long leg | $34K | $49K | 10x |
Deribit NBIS_USDC-PERPETUAL
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-USDT
HTX NBIS-USDT
Phemex NBISUSDT
BloFin NBIS-USDT
Polymarket Perps NBIS-USD
Coinbase International NBIS-PERP-INTX
KuCoin NBISUSDTM
SoDEX NBIS-USD
tradeXYZ xyz:NBIS
Phoenix NBIS
edgeX NBISUSDC
Lighter NBIS
Kraken Futures PF_NBISUSD