NBIS 永续合约资金费率 — 各交易所对比
Nebius (NBIS)
NBIS 资金费本周的实际结算收益
按过去 7 天实际结算的资金费排序（$10,000 仓位，已扣除开平仓成本），而不是瞬时年化。
$10,000 做 NBIS：做多 Variational / 做空 Bybit → 扣除成本后一周 +$16.74（实际结算年化 23.4%）。
- 做多 Variational做空 Bybit+$16.74每周（$10k）, 扣除成本后
- 实际结算，7 天均值
- +23.4%
- 稳定
- 62%
回本 2 天 - 做多 KuCoin做空 Bybit+$13.96每周（$10k）, 扣除成本后
- 实际结算，7 天均值
- +26.8%
- 稳定
- 76%
回本 3 天 - 做多 Phemex做空 Bybit+$12.15
过去 7 天的实际数据，不是预测。成本 = 两家交易所开平仓的吃单手续费。 即将结算的资金费 →
Funding Rates by Exchange
+83.29%
Interval
1h
Open Interest
$7.0M
Mark Price
$198.96
+63.69%
Interval
8h
Open Interest
$1.6M
Mark Price
$199.18
+29.80%
Interval
8h
Open Interest
—
Mark Price
$198.84
+24.72%
Interval
8h
Open Interest
$4.3M
Mark Price
$198.98
+24.54%
Interval
1h
Open Interest
$45K
Mark Price
$198.7333
+24.39%
Interval
8h
Open Interest
$281K
Mark Price
$198.72
+24.15%
Interval
1h
Open Interest
$189K
Mark Price
$199.22
+23.90%
Interval
8h
Open Interest
—
Mark Price
$199.03
+23.45%
Interval
8h
Open Interest
$5.2M
Mark Price
$198.91
+23.40%
Interval
8h
Open Interest
$714K
Mark Price
$198.88
+22.94%
Interval
8h
Open Interest
—
Mark Price
$199.08
+22.50%
Interval
1h
Open Interest
$3K
Mark Price
$199.15
+21.48%
Interval
8h
Open Interest
$191K
Mark Price
$198.3
+21.37%
Interval
8h
Open Interest
$12K
Mark Price
$199.0778
+20.74%
Interval
8h
Open Interest
$2.6M
Mark Price
$198.7945
+20.44%
Interval
1h
Open Interest
$34.2M
Mark Price
$198.97
+16.20%
Interval
1h
Open Interest
$7K
Mark Price
$198.51
+14.46%
Interval
1h
Open Interest
$12K
Mark Price
$197.78
+13.71%
Interval
8h
Open Interest
$6.2M
Mark Price
$198.84
+13.18%
Interval
8h
Open Interest
$3.9M
Mark Price
$199.2
+12.52%
Interval
1h
Open Interest
$182K
Mark Price
$199.02
+10.96%
Interval
8h
Open Interest
$1K
Mark Price
$198.72
+7.89%
Interval
1h
Open Interest
$613K
Mark Price
$198.94
+5.52%
Interval
1h
Open Interest
$233K
Mark Price
$198.9
+4.15%
Interval
1h
Open Interest
$734K
Mark Price
$198.76
+0.35%
Interval
1h
Open Interest
$8K
Mark Price
$198.9
+0.00%
Interval
8h
Open Interest
$2.1M
Mark Price
$199.73
+0.00%
Interval
8h
Open Interest
$1.7M
Mark Price
$201.76
+0.00%
Interval
8h
Open Interest
$42K
Mark Price
$198.865
+0.00%
Interval
8h
Open Interest
$742K
Mark Price
$198.87
+0.00%
Interval
8h
Open Interest
$1.4M
Mark Price
$199.06
-4.00%
Interval
1h
Open Interest
$43K
Mark Price
$199.0816
Funding Rates by Exchange
| Exchange | Funding APR↓ | Interval | Open Interest↕ | Mark Price↕ |
|---|---|---|---|---|
 EntropyBest Short | +83.29% | 1h | $7.0M | $198.96 |
 Toobit | +63.69% | 8h | $1.6M | $199.18 |
 Bitunix | +29.80% | 8h | — | $198.84 |
 Hotcoin | +24.72% | 8h | $4.3M | $198.98 |
 Extended | +24.54% | 1h | $45K | $198.7333 |
 WEEX | +24.39% | 8h | $281K | $198.72 |
 Arcus | +24.15% | 1h | $189K | $199.22 |
 LBank | +23.90% | 8h | — | $199.03 |
 MEXC | +23.45% | 8h | $5.2M | $198.91 |
 BloFin | +23.40% | 8h | $714K | $198.88 |
 CoinW | +22.94% | 8h | — | $199.08 |
 SoDEX | +22.50% | 1h | $3K | $199.15 |
 Aster | +21.48% | 8h | $191K | $198.3 |
 grvt | +21.37% | 8h | $12K | $199.0778 |
 Variational | +20.74% | 8h | $2.6M | $198.7945 |
![trade[XYZ]](/icons/exchanges/hl-xyz.svg){kind=icon} trade[XYZ] | +20.44% | 1h | $34.2M | $198.97 |
 Crypto.com | +16.20% | 1h | $7K | $198.51 |
 TxFlow | +14.46% | 1h | $12K | $197.78 |
 Bybit | +13.71% | 8h | $6.2M | $198.84 |
 OKX | +13.18% | 8h | $3.9M | $199.2 |
 Polymarket | +12.52% | 1h | $182K | $199.02 |
 WOOFi Pro | +10.96% | 8h | $1K | $198.72 |
 Lighter | +7.89% | 1h | $613K | $198.94 |
 Ondo | +5.52% | 1h | $233K | $198.9 |
 QFEX | +4.15% | 1h | $734K | $198.76 |
 Phoenix | +0.35% | 1h | $8K | $198.9 |
 Bitget | +0.00% | 8h | $2.1M | $199.73 |
 Gate.io | +0.00% | 8h | $1.7M | $201.76 |
 HTX | +0.00% | 8h | $42K | $198.865 |
 KuCoin | +0.00% | 8h | $742K | $198.87 |
 Phemex | +0.00% | 8h | $1.4M | $199.06 |
 NADOBest Long | -4.00% | 1h | $43K | $199.0816 |
NBIS 资金费率的含义
资金费率数据更新于 2026-10-13 14:04 UTC
ORBIT 按交易所实时汇总 NBIS（Nebius (NBIS)） 代币化（RWA）永续合约在 32 家交易所的资金费率。资金费率是多头与空头之间的周期性支付，用来把永续合约价格锚定在现货附近：费率为正时多头向空头支付，为负时空头向多头支付。目前 NBIS 的年化资金费率从 NADO 的 -4.00% 到 Entropy 的 +83.29% 不等。
NBIS 当前最大的跨所资金费率价差为年化 87.3%。德尔塔中性的跨所套利正是赚取这一差额：在费率最低的 NADO 做多，在费率最高的 Entropy 做空。两条腿等额反向，价格波动相互抵消，留下的就是费率差。ORBIT 回测器回放两条腿真实的资金费率历史，并按实时订单簿扣除吃单手续费和滑点，得到的是净收益，而不是宣传数字。
NBIS 在所跟踪的永续品种中持仓量排名第 99，各交易所合计持仓量 $74.3M，24 小时成交量 $102.4M，成交量加权标记价格 $199.0466。流动性越深，就能以越低的滑点在更大仓位上交易这一价差——在筛选器中使用「最低持仓量」过滤，只保留能实际进出的市场。
Frequently asked questions
- 目前哪家交易所的 NBIS 资金费率最高？
- Entropy，年化 +83.29%。较高的正费率意味着空头收取资金费用，因此它是跨所套利中做空的一方。费率每个结算周期都会变化，当前数值请以实时筛选器为准。
- 为赚取资金费率，NBIS 应在哪家交易所做多？
- NADO 的 NBIS 资金费率最低，为年化 -4.00%，在那里做多成本最低（甚至可收取费用）。与费率最高的交易所配对，即构成德尔塔中性的价差组合。
- NBIS 最佳的资金费率套利组合是什么？
- 价差最大的组合是 NADO 做多 / Entropy 做空，扣除成本前约为年化 87.3%。确定仓位规模前，请先在 ORBIT 回测器中验证，它会扣除真实的手续费和滑点。
- NBIS 的资金费用多久结算一次？
- 各交易所资金间隔不同（1 小时、8 小时）。在年化费率相同的情况下，间隔越长，单次支付越少但金额越大。ORBIT 把所有交易所统一换算为年化费率，便于直接比较。
- NBIS 的资金费率目前是正还是负？
- 各交易所正负不一，年化从 -4.00% 到 +83.29%——正是这种分歧创造了跨所套利机会。