NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0099%/8h= +10.9% APRnext payment +$0.99 per $10,000 · paid last 24h +0.043%

Price spread now: Variational Omni against Orderly−0.049%7-day average — · you buy dearer than you sell

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

Long on Orderly Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding pays, the price is against you. Variational Omni is 0.049% cheaper against Orderly than usual: you would sell low and buy high (spread −0.049% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 39 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_NBIS_USDC_mythos	234.49	0.0100	pay 0.0100% / 8h	38m 43s	$2K	$3K	10x
Short	Variational Omni NBIS	234.38	0.0199	get 0.0199% / 8h	38m 43s	$2.9M	$821K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Orderly. 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 OrderlybpFee Variational OmnibpOrdersPrice spread, now −0.049%Rate

Funding earned: $20.81
Price spread: −0.049% → 0.000%: −$4.87
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $9.94
Costs to cover: 0.060%
Break-even: 3.7 days

Slippage unknown: Orderly: no order-book sample; Variational Omni: RFQ quote, just now. 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 Orderly no order-book sample	—	—	—	—	—
Sell Variational Omni RFQ quote, just now	3.67 bp	doesn't fit	30.9 bp −$309	doesn't fit	doesn't fit

Orderly: 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	234.55	+0.026%	$5.2M	$6.5M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	234.61	+0.051%	$3.4M	$17.0M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	234.50	+0.004%	$2.8M	$5.3M	50x	as long as short
Bitget NBISUSDT	0.0000%	8h	234.57	+0.034%	$2.5M	$4.8M	20x	as long as short
SunX NBIS-USDT	0.0000%	8h	234.44	−0.021%	$931	$1.8M	10x	as long as short
Deribit NBIS_USDC-PERPETUAL	0.0000%	1h	234.35	−0.060%	$35K	$48K	10x	as long as short
Coinbase International NBIS-PERP-INTX	0.0000%	1h	233.76	−0.311%	$358K	$676K	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	234.46	−0.013%	$15K	$115K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	234.50	+0.004%	$1.6M	$967K	10x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	234.60	+0.047%	—	$234K	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps NBIS-USD	+0.0050%	1h	234.49	0.000%	$147K	$706K	10x	as long as short
SoDEX NBIS-USD	+0.0050%	1h	234.45	−0.017%	$33	$20K	10x	as long as short
QFEX NBIS-USD	+0.0051%	1h	234.44	−0.021%	$1.5M	$5.1M	10x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	234.35	−0.060%	$483K	$25K	20x	as long as short
Orderly PERP_NBIS_USDC_mythoslong	+0.0100%	8h	234.49	long leg	$2K	$3K	10x
Aevo NBIS-PERP	+0.0104%	1h	234.52	+0.013%	—	—	10x	as long as short
Nado NBIS-PERP	+0.0194%	1h	234.41	−0.034%	$28K	$63K	3x	as long as short
Variational Omni NBISshort	+0.0199%	8h	234.38	−0.049%	$2.9M	$821K	—
Ondo Perps NBIS-USD.P	+0.0208%	1h	234.39	−0.043%	$174K	$498K	10x	as long as short
Aster NBISUSDT	+0.0219%	8h	234.39	−0.044%	$79K	$306K	50x	as long as short
Extended NBIS-USD	+0.0232%	1h	234.49	−0.001%	$142K	$697K	10x	as long as short
Binance NBISUSDT	+0.0234%	8h	234.55	+0.027%	$19.4M	$86.3M	25x	as long as short
BloFin NBIS-USDT	+0.0236%	8h	234.47	−0.009%	$206K	$214K	20x	as long as short
GRVT NBIS_USDT_Perp	+0.0247%	8h	234.42	−0.030%	$5K	$140K	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0248%	1h	234.28	−0.089%	$24K	$13K	20x	as long as short
tradeXYZ xyz:NBIS	+0.0263%	1h	234.57	+0.034%	$54.7M	$23.1M	10x	as long as short
Arcus NBIS-USD	+0.0269%	1h	234.55	+0.026%	$44K	$134K	5x	as long as short
Lighter NBIS	+0.0352%	1h	234.70	+0.090%	$934K	$4.6M	10x	as long as short
Phoenix NBIS	+0.0376%	1h	234.52	+0.013%	$7K	$163K	10x	as long as short
Entropy io:NBIS	+0.0506%	1h	234.51	+0.009%	$10.2M	$3.3M	10x	as long as short
edgeX NBISUSDC	+0.0929%	4h	234.38	−0.046%	$38K	$234K	10x	as long as short