NBIS

NBIS token vs the real share

NBISx on Solana against the ordinary NBIS share, sampled every 15 minutes.

Latest basis
-12.55%
token trades below the share · 2026-09-05 13:39 UTC
token$196.8677vsshare$225.1247
Pool depth $0thin pool

Read this one carefully. The pool behind this quote holds $0. A gap measured against a pool that thin is a stale price, not a dislocation you can trade.

Basis history

90d · 24h buckets · 263 samples
negative = token cheaper than the share
+1.42%0-13.59%
2 Sep5 Sep
Average
-6.38%
Widest discount
-12.92%
Widest premium
+1.98%
Distinct token prices
2

Why this matters for a delta-neutral position

The perps on NBIS price off the ordinary share — marks sit within about 0.10–0.15% of it — while the long leg of the carry is bought as a token on Solana. So this gap is not a curiosity: it is the entry cost of the position, charged in full on the way in. Buying at a discount is a rebate if the gap closes before you exit and a loss if it widens, which is precisely the question this series was started to settle. "Distinct token prices" is the quickest sanity check available: if the count is 1, nothing traded and the number above is a leftover quote.

Samples land every 15 minutes and are kept 90 days. Readings beyond ±20% are never recorded — past that it is a broken pool quote, not a basis.

NBIS funding rates across venues → xStocks scanner →