NBIS funding rates
NBIS perpetual funding across 12 venues. Rates are annualized (APR); positive means longs pay shorts.
· refreshed every 5 min
- Best pair · 7d
- 16.5%long Bitget, short Entropy · net 11.0%
- Highest funding now
- 36.4%PmPolymarket
- Lowest funding now
- −19.6%BgBitgetCEX
- Listed on
- 12 venues
Funding by venue
| 7d chart | Flags | Open | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PmPolymarket | NBIS-USD | 36.4% | 36.6% | 18.8% | 8.1% | 15.8% | 99% | 1h | 08:00 | 222.26 | $259k | $607k | TradFi | PmPolymarket | |
| LiLighter | NBIS | 31.5% | 22.0% | 10.7% | 17.4% | 8.8% | 96% | 1h | 08:00 | 222.07 | $653k | $657k | TradFi | LiLighter | |
| ByBybitCEX | NBISUSDT | 30.7% | 42.1% | 18.7% | 8.2% | 14.8% | 76% | 8h | 08:00 | 222.21 | $6.2M | $1.2M | TradFi | ByBybit | |
| NaNado | NBIS-PERP_USDT0 | 11.8% | 20.9% | 18.7% | 4.1% | 18.4% | 85% | 1h | 08:00 | 222.19 | $90k | $3k | TradFi | NaNado | |
| EnEntropy | io:NBIS | 11.6% | 7.8% | 21.8% | 22.9% | 24.1% | 100% | 1h | — | 222.02 | $9.2M | $3.1M | TradFi | ||
| RwRWA Perp | PERP_NBIS_USDC_mythos | 10.9% | 11.0% | 10.9% | 10.0% | 10.9% | 100% | 8h | 08:00 | 222.24 | $1k | $0 | TradFi | RwRWA Perp | |
| GtGateCEX | NBIS_USDT | 6.9% | 19.5% | 12.4% | 6.5% | 11.3% | 67% | 8h | 08:00 | 222.29 | $3.4M | $1.1M | TradFi | GtGate | |
| ExExtended | NBIS-USD | 2.6% | 7.5% | 9.2% | 4.8% | 9.4% | 46% | 1h | 08:00 | 222.13 | $80k | $441k | TradFi | ExExtended | |
| AsAster | NBISUSDT | 0.0% | 8.8% | 7.5% | 4.8% | 7.3% | 52% | 8h | 08:00 | 222.22 | $147k | $6k | TradFi | AsAster | |
| GrGRVT | NBIS_USDT_Perp | 0.0% | 5.1% | 9.2% | 5.6% | 9.8% | 51% | 8h | 08:00 | 222.34 | $4k | $124k | TradFi | GrGRVT | |
| VaVariational | NBIS | 0.0% | 4.9% | 7.3% | 3.3% | 7.7% | 43% | 8h | — | 222.13 | $2.9M | $443k | TradFi | VaVariational | |
| BgBitgetCEX | NBISUSDT | −19.6% | −0.4% | 5.3% | 3.2% | 6.3% | 43% | 8h | 08:00 | 222.19 | $1.9M | $1.2M | TradFi | BgBitget |
Sparklines: hourly funding APR over the last 7 days, zero line dashed.
Long/short pairs
| Spread APR | After taker fees | Quality | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 7d trend | Flags | Open | Calc | |||||||||||
| VaVariational | EnEntropy | 11.6% | 2.9% | 14.5% | 19.6% | 12.2% | 18.2% | 2.3d | steady | $2.9M | 8h/1hTradFispread not incl. | Va | calc | |
| BgBitgetCEX | EnEntropy | 31.2% | 8.3% | 16.5% | 19.7% | 11.0% | 16.5% | 4.6d | steady | $1.9M | 8h/1hTradFi | Bg | calc | |
| AsAster | EnEntropy | 11.6% | −1.0% | 14.3% | 18.2% | 9.8% | 14.7% | 4.4d | cooling | $147k | 8h/1hTradFi | As | calc | |
| VaVariational | NaNado | 11.8% | 15.9% | 11.4% | 0.8% | 9.6% | 14.4% | 2.2d | steady | $90k | 8h/1hTradFispread not incl. | VaNa | calc | |
| ExExtended | EnEntropy | 8.9% | 0.3% | 12.6% | 18.1% | 9.0% | 13.5% | 4.0d | steady | $80k | TradFi | Ex | calc | |
| LiLighter | EnEntropy | −20.0% | −14.1% | 11.1% | 5.5% | 8.8% | 13.2% | 3.0d | cooling | $653k | TradFi | Li | calc | |
| BgBitgetCEX | NaNado | 31.4% | 21.3% | 13.4% | 0.9% | 8.5% | 12.7% | 5.2d | steady | $90k | 8h/1hTradFi | BgNa | calc | |
| AsAster | NaNado | 11.8% | 12.0% | 11.2% | −0.6% | 7.3% | 10.9% | 4.9d | steady | $90k | 8h/1hTradFi | AsNa | calc | |
| ExExtended | NaNado | 9.2% | 13.3% | 9.6% | −0.7% | 6.4% | 9.6% | 4.6d | steady | $80k | TradFi | ExNa | calc | |
| LiLighter | NaNado | −19.7% | −1.1% | 8.1% | −13.3% | 6.2% | 9.4% | 3.2d | cooling | $90k | TradFi | LiNa | calc | |
| LiLighter | PmPolymarket | 4.9% | 14.6% | 8.1% | −9.3% | 6.0% | 9.0% | 3.6d | steady | $259k | TradFiinvite only | LiPm | calc | |
| VaVariational | PmPolymarket | 36.4% | 31.6% | 11.5% | 4.8% | 9.4% | 14.1% | 2.5d | spike ×3.9 | $259k | 8h/1hTradFiinvite onlyspread not incl. | VaPm | calc | |
| VaVariational | ByBybitCEX | 30.7% | 37.1% | 11.5% | 4.9% | 8.6% | 12.9% | 3.5d | spike ×5.2 | $2.9M | TradFispread not incl. | VaBy | calc | |
| BgBitgetCEX | PmPolymarket | 56.0% | 37.0% | 13.5% | 4.9% | 8.2% | 12.4% | 5.4d | spike ×3.9 | $259k | 8h/1hTradFiinvite only | BgPm | calc | |
| GrGRVT | EnEntropy | 11.6% | 2.7% | 12.6% | 17.3% | 7.9% | 11.9% | 5.2d | steady | $4k | low OI8h/1hTradFi | Gr | calc | |
| BgBitgetCEX | ByBybitCEX | 50.3% | 42.5% | 13.4% | 5.0% | 7.4% | 11.2% | 6.2d | spike ×5.0 | $1.9M | TradFi | BgBy | calc | |
| AsAster | PmPolymarket | 36.4% | 27.8% | 11.2% | 3.3% | 7.1% | 10.6% | 5.2d | spike ×3.3 | $147k | 8h/1hTradFiinvite only | AsPm | calc | |
| AsAster | ByBybitCEX | 30.7% | 33.3% | 11.2% | 3.5% | 6.2% | 9.4% | 6.2d | spike ×4.4 | $147k | TradFi | AsBy | calc | |
| ExExtended | PmPolymarket | 33.8% | 29.0% | 9.6% | 3.3% | 6.2% | 9.3% | 4.9d | spike ×4.6 | $80k | TradFiinvite only | ExPm | calc | |
| ExExtended | ByBybitCEX | 28.1% | 34.5% | 9.6% | 3.4% | 5.4% | 8.1% | 6.1d | spike ×6.4 | $80k | 1h/8hTradFi | ExBy | calc | |
| GrGRVT | NaNado | 11.8% | 15.7% | 9.6% | −1.5% | 5.4% | 8.1% | 6.1d | steady | $4k | low OI8h/1hTradFi | GrNa | calc | |
| VaVariational | LiLighter | 31.5% | 17.0% | 3.4% | 14.0% | 3.4% | 5.1% | <0.1d | spike ×15.4 | $653k | 8h/1hTradFispread not incl. | VaLi | calc | |
| GtGateCEX | EnEntropy | 4.7% | −11.7% | 9.3% | 16.4% | 3.1% | 4.6% | 9.4d | mixed | $3.4M | 8h/1hTradFi | Gt | calc | |
| LiLighter | ByBybitCEX | −0.8% | 20.1% | 8.1% | −9.2% | 5.2% | 7.8% | 5.0d | spike ×3.3 | $653k | 1h/8hTradFi | LiBy | calc | |
| GrGRVT | PmPolymarket | 36.4% | 31.4% | 9.6% | 2.5% | 5.2% | 7.7% | 6.5d | spike ×5.3 | $4k | low OI8h/1hTradFiinvite only | GrPm | calc | |
| VaVariational | GtGateCEX | 6.9% | 14.6% | 5.2% | 3.2% | 1.3% | 1.9% | 11d | weak | $2.9M | TradFispread not incl. | VaGt | calc | |
| BgBitgetCEX | LiLighter | 51.1% | 22.4% | 5.4% | 14.1% | 2.2% | 3.3% | 8.2d | spike ×8.9 | $653k | 8h/1hTradFi | BgLi | calc | |
| GrGRVT | ByBybitCEX | 30.7% | 36.9% | 9.6% | 2.6% | 4.4% | 6.5% | 7.6d | spike ×7.4 | $4k | low OITradFi | GrBy | calc | |
| AsAster | LiLighter | 31.5% | 13.2% | 3.1% | 12.6% | 1.0% | 1.6% | 9.3d | weak | $147k | 8h/1hTradFi | AsLi | calc | |
| VaVariational | ExExtended | 2.6% | 2.6% | 1.9% | 1.5% | 0.6% | 0.9% | 9.7d | weak | $80k | 8h/1hTradFispread not incl. | VaEx | calc | |
| GtGateCEX | NaNado | 4.9% | 1.4% | 6.3% | −2.4% | 0.5% | 0.8% | 13d | steady | $90k | 8h/1hTradFi | GtNa | calc | |
| ExExtended | LiLighter | 28.9% | 14.4% | 1.5% | 12.6% | 0.2% | 0.3% | 12d | weak | $80k | TradFi | ExLi | calc | |
| GtGateCEX | PmPolymarket | 29.5% | 17.1% | 6.3% | 1.6% | 0.3% | 0.5% | 13d | spike ×3.8 | $259k | 8h/1hTradFiinvite only | GtPm | calc | |
| BgBitgetCEX | GtGateCEX | 26.5% | 19.9% | 7.1% | 3.3% | 0.1% | 0.2% | 14d | spike ×4.0 | $1.9M | TradFi | BgGt | calc | |
| BgBitgetCEX | ExExtended | 22.2% | 8.0% | 3.9% | 1.6% | −0.6% | −0.9% | 16d | weak | $80k | 8h/1hTradFi | BgEx | calc | |
| VaVariational | GrGRVT | 0.0% | 0.2% | 1.9% | 2.3% | −0.5% | −0.7% | 17d | weak | $4k | low OITradFispread not incl. | VaGr | calc | |
| GtGateCEX | ByBybitCEX | 23.8% | 22.6% | 6.3% | 1.7% | −0.5% | −0.7% | 15d | spike ×6.3 | $3.4M | TradFi | GtBy | calc | |
| AsAster | GtGateCEX | 6.9% | 10.7% | 4.9% | 1.7% | −1.1% | −1.6% | 17d | weak | $147k | TradFi | AsGt | calc | |
| BgBitgetCEX | VaVariational | 19.6% | 5.4% | 2.0% | 0.1% | −1.1% | −1.7% | 22d | weak | $1.9M | TradFispread not incl. | BgVa | calc | |
| AsAster | ExExtended | 2.6% | −1.3% | 1.6% | 0.0% | −1.8% | −2.6% | 29d | weak | $80k | 8h/1hTradFi | AsEx | calc | |
| VaVariational | AsAster | 0.0% | 3.9% | 0.3% | 1.4% | −1.8% | −2.8% | 116d | weak | $147k | TradFispread not incl. | VaAs | calc | |
| ExExtended | GtGateCEX | 4.3% | 11.9% | 3.3% | 1.7% | −1.9% | −2.9% | 22d | weak | $80k | 1h/8hTradFi | ExGt | calc | |
| NaNado | EnEntropy | −0.3% | −13.0% | 3.1% | 18.8% | −1.1% | −1.7% | 19d | mixed | $90k | TradFi | Na | calc | |
| PmPolymarket | EnEntropy | −24.9% | −28.7% | 3.0% | 14.8% | −1.4% | −2.1% | 20d | mixed | $259k | TradFiinvite only | Pm | calc | |
| BgBitgetCEX | AsAster | 19.6% | 9.3% | 2.2% | 1.5% | −3.0% | −4.5% | 33d | weak | $147k | TradFi | BgAs | calc | |
| BgBitgetCEX | GrGRVT | 19.6% | 5.6% | 3.9% | 2.4% | −1.6% | −2.4% | 20d | weak | $4k | low OITradFi | BgGr | calc | |
| GrGRVT | LiLighter | 31.5% | 16.8% | 1.5% | 11.8% | −0.8% | −1.3% | 22d | spike | $4k | low OI8h/1hTradFi | GrLi | calc | |
| LiLighter | GtGateCEX | −24.6% | −2.5% | 1.8% | −10.9% | −2.1% | −3.2% | 31d | mixed | $653k | 1h/8hTradFi | LiGt | calc | |
| ByBybitCEX | EnEntropy | −19.2% | −34.2% | 3.1% | 14.7% | −2.2% | −3.2% | 24d | mixed | $6.2M | 8h/1hTradFi | By | calc | |
| AsAster | GrGRVT | 0.0% | −3.7% | 1.6% | 0.8% | −2.8% | −4.2% | 38d | weak | $4k | low OITradFi | AsGr | calc | |
| GrGRVT | GtGateCEX | 6.9% | 14.4% | 3.3% | 0.9% | −3.0% | −4.5% | 27d | weak | $4k | low OITradFi | GrGt | calc | |
| GrGRVT | ExExtended | 2.6% | 2.4% | 0.0% | −0.8% | −3.6% | −5.5% | >999d | weak | $4k | low OI8h/1hTradFi | GrEx | calc | |
| ByBybitCEX | PmPolymarket | 5.7% | −5.5% | 0.0% | −0.1% | −4.9% | −7.4% | >999d | mixed | $259k | 8h/1hTradFiinvite only | ByPm | calc | |
| GtGateCEX | LiLighter | 24.6% | 2.5% | −1.8% | 10.9% | −5.7% | −8.5% | — | mixed | $653k | 8h/1hTradFi | GtLi | calc | |
| EnEntropy | NaNado | 0.3% | 13.0% | −3.1% | −18.8% | −7.2% | −10.9% | — | mixed | $90k | TradFi | Na | calc | |
| NaNado | PmPolymarket | 24.6% | 15.7% | 0.0% | 4.0% | −3.9% | −5.8% | >999d | spike | $90k | TradFiinvite only | NaPm | calc | |
| NaNado | ByBybitCEX | 18.9% | 21.2% | 0.0% | 4.1% | −4.7% | −7.0% | >999d | spike | $90k | 1h/8hTradFi | NaBy | calc | |
| NaNado | LiLighter | 19.7% | 1.1% | −8.1% | 13.3% | −9.9% | −14.8% | — | mixed | $90k | TradFi | NaLi | calc | |
| ByBybitCEX | LiLighter | 0.8% | −20.1% | −8.1% | 9.2% | −10.9% | −16.4% | — | mixed | $653k | 8h/1hTradFi | ByLi | calc | |
| EnEntropy | LiLighter | 20.0% | 14.1% | −11.1% | −5.5% | −13.5% | −20.2% | — | mixed | $653k | TradFi | Li | calc | |
| EnEntropy | PmPolymarket | 24.9% | 28.7% | −3.0% | −14.8% | −7.5% | −11.2% | — | spike | $259k | TradFiinvite only | Pm | calc | |
| EnEntropy | ByBybitCEX | 19.2% | 34.2% | −3.1% | −14.7% | −8.3% | −12.4% | — | spike | $6.2M | 1h/8hTradFi | By | calc | |
What the columns and badges mean
- now
- Current funding spread APR: short-leg rate minus long-leg rate, annualized.
- 24h
- Average spread APR over the last 24 hours, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
- 7d
- Average spread APR over the last 7 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet). Used for ranking and net APR.
- 30d
- Average spread APR over the last 30 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
- 7d trend
- Spread APR over the last 7 days in 6-hour averages; the dashed line is zero.
- Net APR
- 7d spread APR minus taker fees to open and close both legs, spread over the holding period: net = spread7d − fees × 365 / days. Per unit of notional per leg.
- On capital
- Net APR on the capital posted for both legs at this leverage: net × leverage / 2.
- Breakeven
- Days of 7d-average funding needed to pay back open+close taker fees.
- Min OI
- Smaller open interest of the two legs, USD.
- steady
- Steady: prior-week spread at least 5% APR, last 24h positive and no spike, positive now. Not negative in X% of hours over 7 days.
- spike
- The last 24h spread is far above the prior 6-day average (more than 3×, or above 15% APR after a weak prior) — it may not last.
- mixed
- The spread was negative too often: not negative in only X% of hours over 7 days.
- new
- Less than 4 days of shared history in the prior week: stability cannot be judged yet.
- weak
- Prior-week spread under 5% APR: too small to call steady.
- cooling
- The prior week was solid, but the last 24h or the current spread is not positive.
- ≠ asset?
- Mark prices differ by N bps — these may be different assets under one ticker, or contracts of a different size (e.g. per 1,000 coins). Verify before trading.
- stale
- At least one leg has not updated for over 30 minutes.
- low OI
- Open interest under $50k on at least one leg — size carefully.
- 8h/1h
- Funding intervals differ (8h vs 1h): payments are not simultaneous.
- TradFi
- Tokenized stock, index or commodity: trading sessions and oracle rules may differ.
- invite only
- Invite-only venue: an account needs an invite code, so it is not selected by default. Tick it in the venue filter to include it.
- spread not incl.
- A leg trades on quotes with no fee (Variational): the cost is the market maker's quote spread, which we cannot see, so the net APR is before it. Compare the quote with the mark price before you trade.
- CEX
- Centralized exchange: trading needs an account with identity verification (KYC).
Prices now
Buy on the row's venue at its ask, sell on the column's venue at its bid; spread before fees.Indicative · marks from 2026-10-12 07:25 UTC
Live quotes are unavailable right now (last update: never). Shown instead: indicative spreads between mark prices from the funding snapshot. Marks are taken minutes apart and are not prices you can trade at.
NBIS · TradFi
No two venues give a usable spread right now.
| Buy ↓ · Sell → | GrGRVT222.335 | GtGate222.29 | PmPolymarket222.26 | RwRWA Perp222.24 | AsAster222.223 | ByBybit222.21 | NaNado222.193 | BgBitget222.19 | VaVariational222.133 | ExExtended222.13 | LiLighter222.07 | EnEntropy222.02 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EnEntropy222.02 | 0.142% | 0.122% | 0.108% | 0.099% | 0.091% | 0.086% | 0.078% | 0.077% | 0.051% | 0.050% | 0.023% | — |
| LiLighter222.07 | 0.119% | 0.099% | 0.086% | 0.077% | 0.069% | 0.063% | 0.055% | 0.054% | 0.028% | 0.027% | — | −0.023% |
| ExExtended222.13 | 0.092% | 0.072% | 0.058% | 0.049% | 0.041% | 0.036% | 0.028% | 0.027% | 0.001% | — | −0.027% | −0.050% |
| VaVariational222.133 | 0.091% | 0.071% | 0.057% | 0.048% | 0.040% | 0.035% | 0.027% | 0.026% | — | −0.001% | −0.028% | −0.051% |
| BgBitget222.19 | 0.065% | 0.045% | 0.031% | 0.023% | 0.015% | 0.009% | 0.001% | — | −0.026% | −0.027% | −0.054% | −0.077% |
| NaNado222.193 | 0.064% | 0.044% | 0.030% | 0.021% | 0.013% | 0.008% | — | −0.001% | −0.027% | −0.028% | −0.055% | −0.078% |
| ByBybit222.21 | 0.056% | 0.036% | 0.022% | 0.013% | 0.006% | — | −0.008% | −0.009% | −0.035% | −0.036% | −0.063% | −0.086% |
| AsAster222.223 | 0.051% | 0.030% | 0.017% | 0.008% | — | −0.006% | −0.013% | −0.015% | −0.040% | −0.041% | −0.069% | −0.091% |
| RwRWA Perp222.24 | 0.043% | 0.022% | 0.009% | — | −0.008% | −0.013% | −0.021% | −0.023% | −0.048% | −0.049% | −0.077% | −0.099% |
| PmPolymarket222.26 | 0.034% | 0.013% | — | −0.009% | −0.017% | −0.022% | −0.030% | −0.031% | −0.057% | −0.058% | −0.086% | −0.108% |
| GtGate222.29 | 0.020% | — | −0.013% | −0.022% | −0.030% | −0.036% | −0.044% | −0.045% | −0.071% | −0.072% | −0.099% | −0.122% |
| GrGRVT222.335 | — | −0.020% | −0.034% | −0.043% | −0.051% | −0.056% | −0.064% | −0.065% | −0.091% | −0.092% | −0.119% | −0.142% |
All quotes (12)
| Venue | Bid | Ask | Quality | Age | Vol 24h | Flags |
|---|---|---|---|---|---|---|
| AsAster | 222.223 | 222.223 | mark | 3m | $6k | closedno FX |
| BgBitgetCEX | 222.19 | 222.19 | mark | 7m | $1.2M | closedno FX |
| ByBybitCEX | 222.21 | 222.21 | mark | 7m | $1.2M | closedno FX |
| EnEntropy | 222.02 | 222.02 | mark | 3m | $3.1M | closed |
| ExExtended | 222.13 | 222.13 | mark | 3m | $441k | closed |
| GtGateCEX | 222.29 | 222.29 | mark | 7m | $1.1M | closedno FX |
| GrGRVT | 222.335 | 222.335 | mark | 3m | $124k | closedno FX |
| LiLighter | 222.07 | 222.07 | mark | 3m | $657k | closed |
| NaNado | 222.193 | 222.193 | mark | 3m | $3k | closedno FX |
| PmPolymarket | 222.26 | 222.26 | mark | 3m | $607k | closed |
| RwRWA Perp | 222.24 | 222.24 | mark | 3m | $0 | closed |
| VaVariational | 222.133 | 222.133 | mark | 3m | $443k | closed |
All spreads → · Hatched cells use a mark or mid price, a flagged venue or one outside the default selection.
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