Settings8H · net · $10k
Funding arb · Price arb /

NBIS

RWAall NBIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0095%/8h= +10.4% APRnext payment +$0.12 per $10,000 · paid last 24h +0.008%
Price spread now: Deribit against Arcus+0.009%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus NBIS-USD233.780.0040pay 0.0005% / 1h17m 33s$44K$133K5x
ShortDeribit NBIS_USDC-PERPETUAL233.800.0135get 0.0017% / 1h17m 33s$35K$47K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against Arcus. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$19.91
Price spread: +0.009% → 0.000%
$0.86
Slippage, 4 orders
no order book: not counted
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$9.27
Costs to cover
0.115%
Break-even
3.7 days
Slippage unknown: Arcus: live order book, just now; Deribit: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Arcus live order book, just now4.06 bp6.3 bp −$69.4 bp −$94doesn't fitdoesn't fit
Sell Deribit no order-book sample
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

NBIS on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit NBISUSDT0.0000%8h233.74−0.017%$5.2M$6.5M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h233.68−0.043%$3.4M$17.0M25xas long as short
Gate NBIS_USDT0.0000%8h233.71−0.030%$2.8M$5.3M50xas long as short
Bitget NBISUSDT0.0000%8h233.79+0.004%$2.5M$4.8M20xas long as short
SunX NBIS-USDT0.0000%8h233.94+0.068%$1K$1.8M10xas long as short
HTX NBIS-USDT0.0000%8h234.05+0.115%$15K$115K20xas long as short
Phemex NBISUSDT0.0000%8h233.91+0.056%$1.6M$968K10xas long as short
QFEX NBIS-USD+0.0038%1h233.74−0.017%$1.5M$5.1M10xas long as short
Variational Omni NBIS+0.0039%8h234.04+0.109%$2.9M$825Kas long as short
Arcus NBIS-USDlong+0.0040%1h233.78long leg$44K$133K5x
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest NBIS-USD-PERP+0.0046%1h233.92+0.060%$234K5xas long as short
Polymarket Perps NBIS-USD+0.0050%1h233.92+0.060%$132K$683K10xas long as short
SoDEX NBIS-USD+0.0050%1h233.86+0.034%$9$20K10xas long as short
Coinbase International NBIS-PERP-INTX+0.0072%1h232.99−0.338%$356K$697K10xas long as short
Aster NBISUSDT+0.0091%8h233.76−0.008%$79K$304K50xas long as short
Extended NBIS-USD+0.0096%1h233.74−0.015%$142K$697K10xas long as short
Ondo Perps NBIS-USD.P+0.0096%1h233.84+0.026%$174K$499K10xas long as short
BloFin NBIS-USDT+0.0099%8h234.01+0.098%$205K$214K20xas long as short
KuCoin NBISUSDTM+0.0100%8h233.62−0.068%$481K$25K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h233.90+0.051%$2K$3K10xas long as short
Binance NBISUSDT+0.0100%8h233.79+0.004%$19.4M$86.9M25xas long as short
Aevo NBIS-PERP+0.0104%1h233.92+0.059%10xas long as short
GRVT NBIS_USDT_Perp+0.0117%8h233.96+0.076%$5K$142K10xas long as short
Deribit NBIS_USDC-PERPETUALshort+0.0135%1h233.80+0.009%$35K$47K10x
tradeXYZ xyz:NBIS+0.0201%1h233.82+0.017%$54.5M$23.5M10xas long as short
Lighter NBIS+0.0224%1h233.89+0.047%$930K$4.6M10xas long as short
Nado NBIS-PERP+0.0257%1h233.70−0.036%$28K$63K3xas long as short
Entropy io:NBIS+0.0311%1h233.89+0.047%$10.2M$3.3M10xas long as short
Phoenix NBIS+0.0343%1h234.19+0.175%$7K$185K10xas long as short
Kraken Futures PF_NBISUSD+0.0346%1h233.73−0.022%$24K$13K20xas long as short
edgeX NBISUSDC+0.0431%4h234.04+0.112%$37K$234K10xas long as short