Funding you earn now, next payment 12:00 UTC−0.0052%/8h= −5.7% APRnext payment −$0.07 per $10,000 · paid last 24h +0.028%
Price spread now: Deribit against Vest−0.167%7-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 −$2 a day on $10k at the current rate, and Deribit is 0.167% cheaper against Vest than usual: you would sell low and buy high (−$17 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 | Vest NBIS-USD-PERP | 233.70 | 0.0052 | pay 0.0007% / 1h | 54m 52s | — | $250K | 5x |
| Short | Deribit NBIS_USDC-PERPETUAL | 233.31 | 0 | get 0.0000% / 1h | 54m 52s | $35K | $48K | 10x |
Vest NBIS-USD-PERP
Deribit NBIS_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Vest. 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
- −$10.97
- Price spread: −0.167% → 0.000%
- −$16.69
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$36.66
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Vest: 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 Vest no order-book sample | — | — | — | — | — |
| Sell Deribit no order-book sample | — | — | — | — | — |
Vest 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 233.18 | −0.223% | $3.3M | $16.3M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 233.26 | −0.188% | $2.7M | $4.8M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 233.20 | −0.214% | $2.3M | $4.4M | 20x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 233.58 | −0.051% | $958 | $1.4M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUALshort | 0.0000% | 1h | 233.31 | −0.167% | $35K | $48K | 10x | |
| Phemex NBISUSDT | 0.0000% | 8h | 233.34 | −0.154% | $1.6M | $968K | 10x | as long as short |
| HTX NBIS-USDT | +0.0004% | 8h | 233.85 | +0.064% | $13K | $61K | 20x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0039% | 1h | 233.42 | −0.119% | $22K | $10K | 20x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 233.47 | −0.098% | $129K | $478K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 233.37 | −0.141% | $1K | $20K | 10x | as long as short |
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Bitget NBISUSDT
SunX NBIS-USDT
Phemex NBISUSDT
HTX NBIS-USDT
Kraken Futures PF_NBISUSD
Polymarket Perps NBIS-USD
SoDEX NBIS-USDShow all 31 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 233.56 | −0.060% | $151K | $523K | 10x | as long as short |
| Vest NBIS-USD-PERPlong | +0.0052% | 1h | 233.70 | long leg | — | $250K | 5x | |
| QFEX NBIS-USD | +0.0053% | 1h | 233.37 | −0.141% | $1.6M | $3.6M | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 233.27 | −0.184% | $474K | $241K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 233.54 | −0.068% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 233.50 | −0.086% | — | — | 10x | as long as short |
| Nado NBIS-PERP | +0.0154% | 1h | 233.21 | −0.209% | $38K | $79K | 3x | as long as short |
| edgeX NBISUSDC | +0.0171% | 4h | 233.78 | +0.033% | $31K | $233K | 10x | as long as short |
| Variational Omni NBIS | +0.0211% | 8h | 233.52 | −0.076% | $2.9M | $629K | — | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0224% | 1h | 234.06 | +0.154% | $383K | $862K | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0230% | 1h | 233.20 | −0.214% | $55.5M | $18.6M | 10x | as long as short |
| Bybit NBISUSDT | +0.0237% | 8h | 233.25 | −0.193% | $5.4M | $6.9M | 50x | as long as short |
| Aster NBISUSDT | +0.0238% | 8h | 233.90 | +0.086% | $81K | $314K | 50x | as long as short |
| Extended NBIS-USD | +0.0272% | 1h | 233.29 | −0.176% | $146K | $1.0M | 10x | as long as short |
| BloFin NBIS-USDT | +0.0273% | 8h | 233.33 | −0.158% | $208K | $216K | 20x | as long as short |
| Binance NBISUSDT | +0.0274% | 8h | 233.36 | −0.145% | $20.6M | $90.3M | 25x | as long as short |
| Phoenix NBIS | +0.0377% | 1h | 233.79 | +0.039% | $7K | $117K | 10x | as long as short |
| Lighter NBIS | +0.0384% | 1h | 233.35 | −0.150% | $946K | $3.7M | 10x | as long as short |
| GRVT NBIS_USDT_Perp | +0.0554% | 8h | 233.93 | +0.098% | $5K | $102K | 10x | as long as short |
| Entropy io:NBIS | +0.0649% | 1h | 233.71 | +0.004% | $10.2M | $2.9M | 10x | as long as short |
| Arcus NBIS-USD | +0.0870% | 1h | 233.56 | −0.060% | $42K | $117K | 5x | as long as short |
Ondo Perps NBIS-USD.P
QFEX NBIS-USD
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
Nado NBIS-PERP
edgeX NBISUSDC
Variational Omni NBIS
Coinbase International NBIS-PERP-INTX
tradeXYZ xyz:NBIS
Bybit NBISUSDT
Aster NBISUSDT
Extended NBIS-USD
BloFin NBIS-USDT
Binance NBISUSDT
Phoenix NBIS
Lighter NBIS
GRVT NBIS_USDT_Perp
Entropy io:NBIS
Arcus NBIS-USD