Funding arb · Price arb /

NBIS

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.021%

Price spread now: Extended against Aster−0.185%7-day average −0.035% · you buy dearer than you sell

Net, funding: paid 7d − costs−$145as in the Funding arb table

Net, price: spread back to 7d avg − costs−$156as in the Price arb table

costs, in and out, $10k−$1411.405% of the position

Long on Aster Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.040%−$4 on $10k

Price spread, last 4 days (all we have)+0.124%+$12 · spread now −0.185%, 7d avg −0.035%

Together, before fees+0.084%+ Points / potential airdropAster: Stage 5 · Extended: Active · farm board+$8 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: Extended is 0.150% cheaper against Aster than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of −0.035%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster NBISUSDT	232.17	0	get 0.0000% / 8h	3h 01m	$78K	$309K	50x
Short	Extended NBIS-USD	231.74	0	get 0.0000% / 1h	1m 19s	$145K	$726K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.185%Rate

Funding earned: $0
Price spread: −0.185% → −0.035%: −$15.01
Slippage, 4 orders: −$127.51
Fee Aster: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$155.52
Costs to cover: 1.405%
Break-even: never at this rate

Slippage from Aster: live order book, 51 min ago; Extended: live order book, 52 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, 51 min ago	18.55 bp	90.7 bp −$91	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 52 min ago	1.49 bp	11.2 bp −$11	128.8 bp −$1,288	doesn't fit	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
BloFin NBIS-USDT	−0.0004%	8h	231.97	−0.085%	$205K	$205K	20x	as long as short
Aster NBISUSDTlong	0.0000%	8h	232.17	long leg	$78K	$309K	50x
Extended NBIS-USDshort	0.0000%	1h	231.74	−0.185%	$145K	$726K	10x
Binance NBISUSDT	0.0000%	8h	231.81	−0.155%	$18.8M	$85.6M	25x	as long as short
Bybit NBISUSDT	0.0000%	8h	231.82	−0.150%	$4.9M	$6.4M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	231.81	−0.154%	$3.3M	$16.1M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	231.85	−0.137%	$2.7M	$5.1M	50x	as long as short
Bitget NBISUSDT	0.0000%	8h	231.80	−0.158%	$2.3M	$4.5M	20x	as long as short
Variational Omni NBIS	0.0000%	8h	232.62	+0.197%	$2.9M	$552K	—	as long as short
GRVT NBIS_USDT_Perp	0.0000%	8h	232.41	+0.103%	$5K	$118K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX NBIS-USDT	0.0000%	8h	231.92	−0.106%	$965	$1.6M	10x	as long as short
Deribit NBIS_USDC-PERPETUAL	0.0000%	1h	231.75	−0.180%	$34K	$49K	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	232.34	+0.074%	$15K	$60K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	231.89	−0.119%	$1.6M	$956K	10x	as long as short
Nado NBIS-PERP	+0.0004%	1h	231.75	−0.179%	$38K	$115K	3x	as long as short
QFEX NBIS-USD	+0.0034%	1h	231.82	−0.150%	$1.5M	$4.0M	10x	as long as short
Arcus NBIS-USD	+0.0040%	1h	231.96	−0.089%	$42K	$132K	5x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	231.93	−0.102%	—	$217K	5x	as long as short
Kraken Futures PF_NBISUSD	+0.0049%	1h	231.86	−0.133%	$23K	$15K	20x	as long as short
tradeXYZ xyz:NBIS	+0.0050%	1h	231.72	−0.193%	$54.0M	$20.2M	10x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	231.72	−0.193%	$142K	$459K	10x	as long as short
SoDEX NBIS-USD	+0.0050%	1h	231.84	−0.141%	$107	$21K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	232.20	+0.014%	$159K	$508K	10x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	231.78	−0.167%	$478K	$20K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	231.82	−0.150%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	231.75	−0.178%	—	—	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0104%	1h	232.30	+0.057%	$361K	$771K	10x	as long as short
Lighter NBIS	+0.0184%	1h	231.86	−0.132%	$916K	$4.0M	10x	as long as short
Phoenix NBIS	+0.0239%	1h	232.36	+0.083%	$7K	$150K	10x	as long as short
Entropy io:NBIS	+0.0293%	1h	232.03	−0.059%	$10.1M	$3.2M	10x	as long as short
edgeX NBISUSDC	+0.0417%	4h	232.07	−0.043%	$37K	$227K	10x	as long as short