NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0101%/8h= −11.1% APRnext payment −$0.13 per $10,000 · paid last 24h −0.081%

Price spread now: Ondo Perps against Kraken Futures+0.061%7-day average — · you sell dearer than you buy

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

Long on Kraken Futures Short on Ondo Perps

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 airdropOndo Perps: Active · farm boardneeds both histories

The price spread pays, funding is against you. Ondo Perps is 0.061% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.061% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_NBISUSD	234.32	0.0152	pay 0.0019% / 1h	24m 25s	$23K	$15K	20x
Short	Ondo Perps NBIS-USD.P	234.46	0.0050	get 0.0006% / 1h	24m 25s	$164K	$498K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Kraken Futures. 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 Kraken FuturesbpFee Ondo PerpsbpOrdersPrice spread, now +0.061%Rate

Funding earned: −$21.3
Price spread: +0.061% → 0.000%: $6.14
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$30.16
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Kraken Futures: no order-book sample; 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 Kraken Futures no order-book sample	—	—	—	—	—
Sell Ondo Perps no order-book sample	—	—	—	—	—

Kraken Futures and 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
Bybit NBISUSDT	0.0000%	8h	234.49	+0.074%	$5.0M	$6.2M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	234.29	−0.011%	$3.4M	$16.2M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	234.41	+0.040%	$2.8M	$5.0M	50x	as long as short
Bitget NBISUSDT	0.0000%	8h	234.38	+0.027%	$2.4M	$4.4M	20x	as long as short
GRVT NBIS_USDT_Perp	0.0000%	8h	234.49	+0.072%	$4K	$127K	10x	as long as short
SunX NBIS-USDT	0.0000%	8h	234.43	+0.049%	$1K	$1.7M	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	234.54	+0.096%	$15K	$60K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	234.41	+0.040%	$1.6M	$962K	10x	as long as short
Nado NBIS-PERP	+0.0004%	1h	234.27	−0.020%	$65K	$98K	3x	as long as short
QFEX NBIS-USD	+0.0023%	1h	234.31	−0.003%	$1.5M	$4.3M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus NBIS-USD	+0.0040%	1h	234.36	+0.019%	$42K	$132K	5x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	234.49	+0.074%	—	$215K	5x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	234.33	+0.006%	$149K	$453K	10x	as long as short
SoDEX NBIS-USD	+0.0050%	1h	234.35	+0.014%	$37	$20K	10x	as long as short
Ondo Perps NBIS-USD.Pshort	+0.0050%	1h	234.46	+0.061%	$164K	$498K	10x
tradeXYZ xyz:NBIS	+0.0075%	1h	234.34	+0.010%	$54.9M	$19.6M	10x	as long as short
Variational Omni NBIS	+0.0091%	8h	234.48	+0.069%	$2.9M	$568K	—	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	234.21	−0.045%	$483K	$21K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	234.46	+0.061%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	234.46	+0.062%	—	—	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0104%	1h	233.53	−0.335%	$382K	$712K	10x	as long as short
BloFin NBIS-USDT	+0.0114%	8h	234.39	+0.032%	$206K	$204K	20x	as long as short
Aster NBISUSDT	+0.0122%	8h	234.64	+0.139%	$81K	$307K	50x	as long as short
Extended NBIS-USD	+0.0128%	1h	234.30	−0.007%	$146K	$702K	10x	as long as short
Binance NBISUSDT	+0.0131%	8h	234.44	+0.054%	$19.1M	$84.5M	25x	as long as short
Kraken Futures PF_NBISUSDlong	+0.0152%	1h	234.32	long leg	$23K	$15K	20x
Lighter NBIS	+0.0248%	1h	234.42	+0.044%	$901K	$4.3M	10x	as long as short
Phoenix NBIS	+0.0308%	1h	234.85	+0.228%	$7K	$150K	10x	as long as short
Deribit NBIS_USDC-PERPETUAL	+0.0391%	1h	234.30	−0.007%	$35K	$48K	10x	as long as short
Entropy io:NBIS	+0.0482%	1h	234.41	+0.040%	$10.2M	$3.3M	10x	as long as short
edgeX NBISUSDC	+0.0699%	4h	234.45	+0.055%	$38K	$226K	10x	as long as short