NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0170%/8h= +18.6% APRnext payment +$0.21 per $10,000 · paid last 24h +0.011%

Price spread now: Deribit against Ondo Perps−0.051%7-day average — · you buy dearer than you sell

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

Long on Ondo Perps Short on Deribit

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

Funding pays, the price is against you. Deribit is 0.051% cheaper against Ondo Perps than usual: you would sell low and buy high (spread −0.051% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 24 hours of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps NBIS-USD.P	234.18	0.0050	pay 0.0006% / 1h	41m 50s	$160K	$502K	10x
Short	Deribit NBIS_USDC-PERPETUAL	234.06	0.0220	get 0.0028% / 1h	41m 50s	$35K	$49K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Ondo Perps. 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 Ondo PerpsbpFee DeribitbpOrdersPrice spread, now −0.051%Rate

Funding earned: $35.66
Price spread: −0.051% → 0.000%: −$5.12
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $18.53
Costs to cover: 0.120%
Break-even: 3.4 days

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

Ondo Perps and 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
Aster NBISUSDT	0.0000%	8h	234.25	+0.032%	$79K	$310K	50x	as long as short
Extended NBIS-USD	0.0000%	1h	233.95	−0.100%	$147K	$699K	10x	as long as short
Binance NBISUSDT	0.0000%	8h	233.75	−0.184%	$19.2M	$84.6M	25x	as long as short
Bybit NBISUSDT	0.0000%	8h	233.98	−0.085%	$5.0M	$6.3M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	233.79	−0.167%	$3.4M	$16.1M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	234.06	−0.051%	$2.7M	$5.0M	50x	as long as short
Bitget NBISUSDT	0.0000%	8h	233.97	−0.090%	$2.4M	$4.4M	20x	as long as short
Variational Omni NBIS	0.0000%	8h	234.44	+0.111%	$2.9M	$557K	—	as long as short
GRVT NBIS_USDT_Perp	0.0000%	8h	234.45	+0.115%	$4K	$120K	10x	as long as short
SunX NBIS-USDT	0.0000%	8h	234.22	+0.017%	$850	$1.7M	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	234.45	+0.115%	$15K	$60K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	234.15	−0.013%	$1.6M	$954K	10x	as long as short
BloFin NBIS-USDT	+0.0009%	8h	234.21	+0.013%	$207K	$206K	20x	as long as short
QFEX NBIS-USD	+0.0034%	1h	234.10	−0.034%	$1.5M	$4.0M	10x	as long as short
Nado NBIS-PERP	+0.0036%	1h	234.01	−0.074%	$38K	$115K	3x	as long as short
Arcus NBIS-USD	+0.0040%	1h	234.11	−0.030%	$42K	$132K	5x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	234.28	+0.043%	—	$216K	5x	as long as short
Kraken Futures PF_NBISUSD	+0.0048%	1h	234.07	−0.047%	$23K	$15K	20x	as long as short
tradeXYZ xyz:NBIS	+0.0050%	1h	233.72	−0.196%	$54.5M	$20.0M	10x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	234.02	−0.068%	$147K	$456K	10x	as long as short
SoDEX NBIS-USD	+0.0050%	1h	234.09	−0.038%	$84	$21K	10x	as long as short
Ondo Perps NBIS-USD.Plong	+0.0050%	1h	234.18	long leg	$160K	$502K	10x
KuCoin NBISUSDTM	+0.0100%	8h	233.99	−0.081%	$482K	$20K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	234.08	−0.043%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	234.07	−0.045%	—	—	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0104%	1h	235.56	+0.589%	$389K	$724K	10x	as long as short
Deribit NBIS_USDC-PERPETUALshort	+0.0220%	1h	234.06	−0.051%	$35K	$49K	10x
Lighter NBIS	+0.0224%	1h	233.82	−0.154%	$912K	$3.9M	10x	as long as short
Phoenix NBIS	+0.0239%	1h	234.36	+0.077%	$7K	$150K	10x	as long as short
Entropy io:NBIS	+0.0309%	1h	234.00	−0.077%	$10.2M	$3.2M	10x	as long as short
edgeX NBISUSDC	+0.0720%	4h	234.32	+0.062%	$38K	$227K	10x	as long as short