NOBID01The desk
The schedule, run against your own position
Every term the desk charges is published as a number with a name, and every one of them is arithmetic on a reference you supply. The calculator below imports that schedule directly and runs it in your browser, so the figure it returns can be checked by hand from the lines above it. Nothing is sent anywhere.
Three limits, stated before you use it. The number is indicative: it is what the schedule says, not what a dealer has agreed. The reference price is yours, because Nobid runs no price feed and will not pretend a default is a mark. And the whole page describes a desk that is not open.
The book is published. The desk is not open: Nobid is not quoting, holding client assets, or accepting orders. Nothing on this site is an offer, a solicitation, or investment advice. The page opens on the position this book was written about: 1,625 AMC, the reserve of the deepest curve on Robinhood Chain, one of 115,094 live curves surveyed at block 55,223,440 that cannot reach ether at any price.
02Quote
Describe the position; the schedule does the rest
Six inputs, five lines, one number, and every step between them visible. The arithmetic runs on this device and leaves no trace of your position anywhere else.
Position
Free text. The per-curve census is not finished, so the desk does not offer a list of tickers it cannot yet stand behind.
An operator input, not a feed. Nobid runs no price feed and this figure carries no block height. The quote inherits every error in whatever you type here.
Reference notional 4,875 USD. Defaults to 1,625, the reserve the deepest curve on the chain reports.
2.60 of 4.2 AMC raised. Late — depth thinning.
Defaults to the rate recorded with the survey at block 55,223,440, on 2026-09-06. It is a measurement of that moment, not a live rate.
Session
Nothing here is being stored: the preferences category is off, so the fields reset when you leave.
Waterfall
Quoting across the gap| Line | Why it is charged | bp |
|---|---|---|
| Venue — Equity-quoted · no venue | No pair, no borrow, no offset. The desk holds the position outright until an exit exists. This is the book. | 420 |
| Out of hours — session closed | z = 0.84 against an assumed overnight σ of 2.4%. The underlying is shut for 80.7% of the week. | 202 |
| Size — Standard | Reference notional 4,875 USD. | 35 |
| Curve — 62% raised | Late — depth thinning. Graduation at 4.2 of the quote asset. | 40 |
| Desk | The only line here that is revenue rather than risk. | 25 |
| All in | The terms add rather than compound, so this column sums — 7.22% off the reference notional. | 722 |
Ticket · indicative
| Reference notional | $4,875 |
|---|---|
| Net proceeds | $4,523 |
| Settled in ETH | 1.8392 ETH |
| Implied price per AMC | $2.7834 |
Indicative. Were the desk open, a returned quote would stand for 90 seconds and settle on-chain, same transaction; it is not open, so this number is the schedule speaking and nobody else. The JSON carries the inputs, every line, the totals and the terms, so a quote can be argued with later in the same form it was read in.
03Terms
What a number from this page would commit the desk to
A schedule is only half of it. The other half is how long the price stands, how small a ticket is worth settling, and the point at which the desk stops quoting from a table and starts quoting from a chair. Those are stated here rather than discovered later.
For orientation rather than as a quote: a stranded position in standard size, quoted while the underlying is shut and mid-curve, prices at 682 bp all in. Of that, 202 bp is the out-of-hours term alone — z = 0.84 against an assumed overnight sigma of 2.4%. Both numbers are published so they can be argued with, which is the only reason to publish a number at all.