Funding arb · Price arb /

NBIS

RWAall NBIS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.009%

Price spread now: Binance against Aster+0.065%7-day average +0.028% · you sell dearer than you buy

Net, funding: paid 7d − costs−$90as in the Funding arb table

Net, price: spread back to 7d avg − costs−$87as in the Price arb table

costs, in and out, $10k−$910.909% of the position

Long on Aster Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.007%+$1 on $10k

Price spread, last 4 days (all we have)+0.794%+$79 · spread now +0.065%, 7d avg +0.028%

Together, before fees+0.800%+ Points / potential airdropAster: Stage 5 · farm board+$80 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.037% dearer against Aster than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.028%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster NBISUSDT	231.36	0	get 0.0000% / 8h	2h 17m	$84K	$311K	50x
Short	Binance NBISUSDT	231.51	0	get 0.0000% / 8h	2h 17m	$18.5M	$86.8M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Aster. 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

Position, each leg$Hold fordaysFee AsterbpFee BinancebpOrdersPrice spread, now +0.065%Rate

Funding earned: $0
Price spread: +0.065% → +0.028%: $3.66
Slippage, 4 orders: −$72.89
Fee Aster: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$87.23
Costs to cover: 0.909%
Break-even: never at this rate

Slippage from Aster: live order book, 30 min ago; Binance: live order book, 10 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster live order book, 30 min ago	3.45 bp	46.4 bp −$46	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 10 min ago	0.43 bp	9.3 bp −$9	27.0 bp −$270	97.2 bp −$9,724	doesn't fit

NBIS on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget NBISUSDT	−0.0532%	8h	231.44	+0.035%	$2.3M	$4.6M	20x	as long as short
Aster NBISUSDTlong	0.0000%	8h	231.36	long leg	$84K	$311K	50x
Extended NBIS-USD	0.0000%	1h	231.41	+0.022%	$146K	$753K	10x	as long as short
Binance NBISUSDTshort	0.0000%	8h	231.51	+0.065%	$18.5M	$86.8M	25x
Bybit NBISUSDT	0.0000%	8h	231.50	+0.061%	$4.9M	$6.5M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	231.38	+0.009%	$3.3M	$16.2M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	231.41	+0.022%	$2.7M	$5.1M	50x	as long as short
Variational Omni NBIS	0.0000%	8h	230.88	−0.207%	$2.9M	$554K	—	as long as short
GRVT NBIS_USDT_Perp	0.0000%	8h	231.22	−0.060%	$5K	$118K	10x	as long as short
SunX NBIS-USDT	0.0000%	8h	231.20	−0.069%	$1K	$1.6M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX NBIS-USDT	0.0000%	8h	230.91	−0.194%	$15K	$61K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	231.52	+0.070%	$1.6M	$955K	10x	as long as short
BloFin NBIS-USDT	+0.0021%	8h	231.27	−0.039%	$205K	$205K	20x	as long as short
QFEX NBIS-USD	+0.0029%	1h	231.37	+0.005%	$1.5M	$3.9M	10x	as long as short
Nado NBIS-PERP	+0.0033%	1h	231.36	0.000%	$38K	$115K	3x	as long as short
Arcus NBIS-USD	+0.0040%	1h	231.02	−0.147%	$42K	$132K	5x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	231.29	−0.030%	—	$220K	5x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	231.38	+0.009%	$137K	$473K	10x	as long as short
SoDEX NBIS-USD	+0.0050%	1h	231.43	+0.031%	$116	$20K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	231.36	0.000%	$152K	$541K	10x	as long as short
tradeXYZ xyz:NBIS	+0.0078%	1h	231.39	+0.013%	$54.4M	$20.9M	10x	as long as short
edgeX NBISUSDC	+0.0086%	4h	230.87	−0.213%	$37K	$227K	10x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	231.20	−0.069%	$477K	$20K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	231.45	+0.039%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	231.49	+0.058%	—	—	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0168%	1h	230.62	−0.319%	$353K	$792K	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0223%	1h	231.41	+0.021%	$23K	$15K	20x	as long as short
Phoenix NBIS	+0.0242%	1h	230.82	−0.233%	$7K	$150K	10x	as long as short
Lighter NBIS	+0.0256%	1h	231.46	+0.044%	$944K	$4.0M	10x	as long as short
Entropy io:NBIS	+0.0338%	1h	231.16	−0.086%	$10.0M	$3.2M	10x	as long as short
Deribit NBIS_USDC-PERPETUAL	+0.0702%	1h	231.43	+0.031%	$34K	$49K	10x	as long as short