NBIS funding rates and arbitrage

NBIS perpetuals trade on 15 contracts across 15 venues, forming 105 cross-venue arbitrage pairs. By net APR the current best pair is long WhiteBIT against short Coinbase, netting +68.77%, though note the legs settle on different cadences (8h / 1h)ใ€‚

NBIS perpetual funding rates by venue

APR = current rate ร— (24 รท settlement interval) ร— 365. Venues settle on different cadences, so rates must be annualised before comparing.

VenueContractMarginSettlementCurrent rateAPR24h avg APR24h volumeMark
LBankNBISUSDTUSDT8h0.0000%0.00%+52.49%$52.5M167.990
BitgetNBISUSDTUSDT8h0.0000%0.00%+46.58%$14.7M168.030
OKXNBIS-USDT-SWAPUSDT8h0.0000%0.00%+42.20%$12.3M167.990
BybitNBISUSDTUSDT8h0.0000%0.00%+33.18%$12.0M167.950
GateNBIS_USDTUSDT8h0.0000%0.00%+6.07%$6.1M168.100
MEXCNBISSTOCK_USDTUSDT8h0.0000%0.00%+52.47%$5.6M167.990
WhiteBITNBIS_PERPUSDT8h-0.0100%-10.95%+37.91%$3.9M168.100
KuCoinNBISUSDTMUSDT8h0.0082%+8.98%+55.29%$1.7M168.050
DeribitNBIS_USDC-PERPETUALUSDC8h0.0386%+42.26%+42.40%$1.5M167.850
LighterNBISUSDC1h0.0004%+3.50%+46.06%$1.4M167.840
KrakenPF_NBISUSDUSD1h0.0037%+31.98%+62.92%$395K167.795
HTXNBIS-USDTUSDT8h0.0000%0.00%+2.30%$130K168.105
AsterNBISUSDTUSDT8h0.0000%0.00%+47.07%$53K167.968
Crypto.comNBISUSD-PERPUSD4h0.0006%+1.38%+5.52%$19K167.910
CoinbaseNBIS-PERPUSDC1h0.0066%+57.82%+57.82%$0243.060

NBIS cross-venue arbitrage pairs

Short the higher-APR leg and go long the lower one; net APR = short leg โˆ’ long leg.

LongShortNet APRDaily24h avgSettlementLiquidity
WhiteBIT USDTCoinbase USDC+68.77%0.1884%+19.91%8h / 1h$0
Aster USDTCoinbase USDC+57.82%0.1584%+10.75%8h / 1h$0
Bitget USDTCoinbase USDC+57.82%0.1584%+11.24%8h / 1h$0
Bybit USDTCoinbase USDC+57.82%0.1584%+24.63%8h / 1h$0
Gate USDTCoinbase USDC+57.82%0.1584%+51.75%8h / 1h$0
HTX USDTCoinbase USDC+57.82%0.1584%+55.51%8h / 1h$0
LBank USDTCoinbase USDC+57.82%0.1584%+5.33%8h / 1h$0
MEXC USDTCoinbase USDC+57.82%0.1584%+5.35%8h / 1h$0
OKX USDTCoinbase USDC+57.82%0.1584%+15.62%8h / 1h$0
Crypto.com USDCoinbase USDC+56.44%0.1546%+52.29%4h / 1h$0
Lighter USDCCoinbase USDC+54.31%0.1488%+11.75%1h matched$0
WhiteBIT USDTDeribit USDC+53.21%0.1458%+4.49%8h matched$1.5M

Nebius Group N.V. (Backpack Securities) project profile

Key facts
Total
2,152
Max supply
unlimited
Type
Token
Market cap rank
#3952
Tokenized AssetsSolana EcosystemReal World Assets (RWA)Backpack Securities Ecosystem
Contract addresses
solanaNBiSF3UaVUFtRzHwAfxyHsBCAZWGEKnMpewAE4oh7BG
About

Nebius Group N.V. (Backpack Securities) is a digital representation of private equity, specifically designed to bridge the gap between traditional financial markets and the on-chain ecosystem. Unlike synthetic derivatives or perpetual contracts that merely track price movements through oracles, NBIS represents a tangible claim on the underlying asset. The project is part of the emerging sector of Real World Assets (RWA), which focuses on digitizing physical or financial instruments to improve liquidity and accessibility.

Reference data from CoinGecko, independent of the rate data on this site. We do not verify or endorse what these links contain.

Funding rates for other coins

Snapshot taken 2026-10-19 17:49 UTC; the page regenerates every minute. For live data, history charts and filters, open the live dashboard, or browse All coins.