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

NBIS

RWAall NBIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0319%/8h= +34.9% APRpaid last 24h +0.075%
Price spread now: edgeX against Aster+0.175%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$910.906% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.649%+$65 on $10k
Price spread, last 3 days (all we have)−0.070%−$7 · spread now +0.175%, 7d avg +0.005%
Together, before fees+0.578%+ Points / potential airdropAster: Stage 5 · edgeX: Active · farm board+$58 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and edgeX is 0.170% dearer against Aster than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of +0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster NBISUSDT233.560.0042pay 0.0042% / 8h1h 27m$79K$304K50x
ShortedgeX NBISUSDC233.970.0361get 0.0181% / 4h1h 27m$37K$233K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$67.01
Price spread: +0.175% → +0.005%
$17.02
Slippage, 4 orders
−$73.63
Fee Aster: 4 bp × 2 orders
−$8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$6.6
Costs to cover
0.906%
Break-even
7.7 days
Slippage from Aster: live order book, 55 min ago; edgeX: live order book, 55 min ago.

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, 55 min ago3.86 bp41.5 bp −$42doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 55 min ago5.57 bp24.1 bp −$24doesn't fitdoesn't fitdoesn't fit

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%8h233.96+0.172%$5.2M$6.5M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h233.98+0.180%$3.4M$17.0M25xas long as short
Gate NBIS_USDT0.0000%8h233.93+0.159%$2.8M$5.3M50xas long as short
Bitget NBISUSDT0.0000%8h233.99+0.184%$2.5M$4.8M20xas long as short
Variational Omni NBIS0.0000%8h233.75+0.082%$2.8M$825Kas long as short
SunX NBIS-USDT0.0000%8h234.06+0.214%$808$1.8M10xas long as short
HTX NBIS-USDT0.0000%8h233.99+0.184%$15K$115K20xas long as short
Phemex NBISUSDT0.0000%8h234.00+0.189%$1.6M$966K10xas long as short
BloFin NBIS-USDT+0.0032%8h234.09+0.227%$205K$214K20xas long as short
QFEX NBIS-USD+0.0038%1h233.96+0.172%$1.5M$5.1M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus NBIS-USD+0.0040%1h233.92+0.155%$44K$133K5xas long as short
Aster NBISUSDTlong+0.0042%8h233.56long leg$79K$304K50x
Vest NBIS-USD-PERP+0.0046%1h233.99+0.184%$234K5xas long as short
Extended NBIS-USD+0.0048%1h233.97+0.177%$141K$697K10xas long as short
Binance NBISUSDT+0.0049%8h234.01+0.193%$19.4M$86.9M25xas long as short
Polymarket Perps NBIS-USD+0.0050%1h233.90+0.146%$148K$657K10xas long as short
SoDEX NBIS-USD+0.0050%1h233.97+0.176%$33$20K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h233.86+0.129%$173K$499K10xas long as short
GRVT NBIS_USDT_Perp+0.0062%8h233.98+0.180%$5K$144K10xas long as short
Coinbase International NBIS-PERP-INTX+0.0072%1h232.99−0.244%$356K$698K10xas long as short
Deribit NBIS_USDC-PERPETUAL+0.0092%1h233.90+0.146%$35K$47K10xas long as short
KuCoin NBISUSDTM+0.0100%8h233.65+0.039%$482K$25K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h233.95+0.167%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h233.90+0.145%10xas long as short
tradeXYZ xyz:NBIS+0.0190%1h233.95+0.167%$54.6M$23.5M10xas long as short
Lighter NBIS+0.0208%1h234.01+0.193%$934K$4.6M10xas long as short
Nado NBIS-PERP+0.0221%1h233.84+0.121%$28K$63K3xas long as short
Entropy io:NBIS+0.0276%1h233.83+0.116%$10.2M$3.3M10xas long as short
Phoenix NBIS+0.0343%1h234.00+0.189%$7K$185K10xas long as short
Kraken Futures PF_NBISUSD+0.0346%1h233.86+0.128%$24K$13K20xas long as short
edgeX NBISUSDCshort+0.0361%4h233.97+0.175%$37K$233K10x