NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0028%/8h= −3.1% APRnext payment −$0.04 per $10,000 · paid last 24h −0.046%

Price spread now: Deribit against tradeXYZ−0.055%7-day average — · you buy dearer than you sell

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

Long on tradeXYZ 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 airdroptradeXYZ: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Deribit is 0.055% cheaper against tradeXYZ than usual: you would sell low and buy high (−$6 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	tradeXYZ xyz:NBIS	234.49	0.0077	pay 0.0010% / 1h	23m 29s	$55.0M	$19.6M	10x
Short	Deribit NBIS_USDC-PERPETUAL	234.36	0.0049	get 0.0006% / 1h	23m 29s	$35K	$48K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against tradeXYZ. 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 tradeXYZbpFee DeribitbpOrdersPrice spread, now −0.055%Rate

Funding earned: −$5.88
Price spread: −0.055% → 0.000%: −$5.54
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$36.42
Costs to cover: 0.250%
Break-even: never at this rate

Slippage unknown: tradeXYZ: live order book, 5 min ago; 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 tradeXYZ live order book, 5 min ago	0.85 bp	11.7 bp −$12	doesn't fit	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

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
Bybit NBISUSDT	0.0000%	8h	234.54	+0.021%	$5.0M	$6.2M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	234.53	+0.017%	$3.4M	$16.2M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	234.56	+0.030%	$2.8M	$5.0M	50x	as long as short
Bitget NBISUSDT	0.0000%	8h	234.49	0.000%	$2.4M	$4.4M	20x	as long as short
GRVT NBIS_USDT_Perp	0.0000%	8h	234.49	−0.002%	$4K	$127K	10x	as long as short
SunX NBIS-USDT	0.0000%	8h	234.34	−0.064%	$1K	$1.7M	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	234.54	+0.021%	$15K	$60K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	234.48	−0.004%	$1.6M	$962K	10x	as long as short
Nado NBIS-PERP	+0.0003%	1h	234.36	−0.056%	$65K	$98K	3x	as long as short
QFEX NBIS-USD	+0.0023%	1h	234.57	+0.034%	$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	234.37	−0.051%	$42K	$132K	5x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	234.70	+0.090%	—	$215K	5x	as long as short
Deribit NBIS_USDC-PERPETUALshort	+0.0049%	1h	234.36	−0.055%	$35K	$48K	10x
Polymarket Perps NBIS-USD	+0.0050%	1h	234.48	−0.004%	$149K	$453K	10x	as long as short
SoDEX NBIS-USD	+0.0050%	1h	234.44	−0.021%	$38	$20K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	234.46	−0.013%	$164K	$498K	10x	as long as short
tradeXYZ xyz:NBISlong	+0.0077%	1h	234.49	long leg	$55.0M	$19.6M	10x
Variational Omni NBIS	+0.0091%	8h	234.48	−0.006%	$2.9M	$568K	—	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	234.27	−0.094%	$483K	$21K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	234.46	−0.013%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	234.46	−0.012%	—	—	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0104%	1h	233.53	−0.409%	$382K	$712K	10x	as long as short
BloFin NBIS-USDT	+0.0114%	8h	234.39	−0.043%	$206K	$204K	20x	as long as short
Aster NBISUSDT	+0.0121%	8h	234.66	+0.070%	$81K	$307K	50x	as long as short
Extended NBIS-USD	+0.0128%	1h	234.46	−0.013%	$146K	$702K	10x	as long as short
Binance NBISUSDT	+0.0130%	8h	234.53	+0.016%	$19.1M	$84.5M	25x	as long as short
Kraken Futures PF_NBISUSD	+0.0152%	1h	234.41	−0.035%	$23K	$15K	20x	as long as short
Lighter NBIS	+0.0248%	1h	234.54	+0.021%	$902K	$4.3M	10x	as long as short
Phoenix NBIS	+0.0308%	1h	234.38	−0.047%	$7K	$150K	10x	as long as short
Entropy io:NBIS	+0.0488%	1h	234.44	−0.021%	$10.2M	$3.3M	10x	as long as short
edgeX NBISUSDC	+0.0972%	4h	234.37	−0.052%	$38K	$226K	10x	as long as short