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

NBIS

RWAall NBIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0783%/8h= +85.7% APRpaid last 24h −0.011%
Price spread now: Deribit against Aster+0.078%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and Deribit is 0.078% dearer against Aster than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster NBISUSDT232.410get 0.0000% / 8h2h 54m$83K$309K50x
ShortDeribit NBIS_USDC-PERPETUAL232.590.0783get 0.0098% / 1h54m 14s$34K$49K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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

Funding earned
$164.41
Price spread: +0.078% → 0.000%
$7.82
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$157.23
Costs to cover
0.150%
Break-even
0.3 days
Slippage unknown: Aster: live order book, 58 min ago; 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 Aster live order book, 58 min ago18.55 bp90.7 bp −$91doesn't fitdoesn'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
Bitget NBISUSDT−0.0065%8h232.62+0.091%$2.3M$4.5M20xas long as short
Aster NBISUSDTlong0.0000%8h232.41long leg$83K$309K50x
Extended NBIS-USD0.0000%1h232.54+0.055%$145K$756K10xas long as short
Binance NBISUSDT0.0000%8h232.60+0.082%$18.8M$85.7M25xas long as short
Bybit NBISUSDT0.0000%8h232.62+0.091%$5.0M$6.4M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h232.46+0.022%$3.4M$16.1M25xas long as short
Gate NBIS_USDT0.0000%8h232.74+0.143%$2.7M$5.0M50xas long as short
Variational Omni NBIS0.0000%8h232.58+0.074%$2.9M$552Kas long as short
GRVT NBIS_USDT_Perp0.0000%8h232.27−0.060%$5K$118K10xas long as short
SunX NBIS-USDT0.0000%8h232.65+0.104%$1K$1.6M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX NBIS-USDT0.0000%8h231.86−0.236%$15K$60K20xas long as short
Phemex NBISUSDT0.0000%8h232.60+0.082%$1.6M$956K10xas long as short
BloFin NBIS-USDT+0.0016%8h232.72+0.134%$206K$205K20xas long as short
QFEX NBIS-USD+0.0029%1h232.56+0.065%$1.5M$4.0M10xas long as short
Arcus NBIS-USD+0.0040%1h232.19−0.094%$42K$132K5xas long as short
Vest NBIS-USD-PERP+0.0046%1h232.55+0.061%$217K5xas long as short
Polymarket Perps NBIS-USD+0.0050%1h232.54+0.057%$143K$459K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h232.41+0.001%$160K$506K10xas long as short
Nado NBIS-PERP+0.0088%1h232.29−0.050%$38K$115K3xas long as short
KuCoin NBISUSDTM+0.0100%8h232.42+0.005%$479K$20K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h232.58+0.074%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h232.50+0.041%10xas long as short
tradeXYZ xyz:NBIS+0.0141%1h232.50+0.039%$54.2M$20.1M10xas long as short
Coinbase International NBIS-PERP-INTX+0.0168%1h232.30−0.047%$361K$771K10xas long as short
Kraken Futures PF_NBISUSD+0.0221%1h232.64+0.098%$23K$15K20xas long as short
Phoenix NBIS+0.0239%1h231.91−0.214%$7K$150K10xas long as short
SoDEX NBIS-USD+0.0252%1h232.52+0.048%$107$20K10xas long as short
Lighter NBIS+0.0336%1h232.55+0.061%$926K$3.9M10xas long as short
edgeX NBISUSDC+0.0552%4h232.19−0.092%$37K$226K10xas long as short
Entropy io:NBIS+0.0577%1h232.30−0.047%$10.1M$3.2M10xas long as short
Deribit NBIS_USDC-PERPETUALshort+0.0783%1h232.59+0.078%$34K$49K10x