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

NBIS

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.11 per $10,000 · paid last 24h −0.005%
Price spread now: GRVT against Aster+0.073%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$720.720% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.019%+$2 on $10k
Price spread, last 3 days (all we have)+0.040%+$4 · spread now +0.073%, 7d avg +0.012%
Together, before fees+0.058%+ Points / potential airdropAster: Stage 5 · GRVT: Active · farm board+$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and GRVT is 0.061% dearer against Aster than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.012%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster NBISUSDT233.530.0033pay 0.0033% / 8h1h 31m$79K$304K50x
ShortGRVT NBIS_USDT_Perp233.700.0044get 0.0044% / 8h1h 31m$5K$144K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
$2.23
Price spread: +0.073% → +0.012%
$6.14
Slippage, 4 orders
−$55
Fee Aster: 4 bp × 2 orders
−$8
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$63.63
Costs to cover
0.720%
Break-even
206.5 days
Slippage from Aster: live order book, 51 min ago; GRVT: live order book, 50 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, 51 min ago3.86 bp41.5 bp −$42doesn't fitdoesn't fitdoesn't fit
Sell GRVT live order book, 50 min ago1.50 bp8.6 bp −$9doesn'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%8h233.80+0.116%$5.2M$6.5M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h233.66+0.056%$3.4M$17.0M25xas long as short
Gate NBIS_USDT0.0000%8h233.70+0.073%$2.8M$5.3M50xas long as short
Bitget NBISUSDT0.0000%8h233.71+0.077%$2.5M$4.8M20xas long as short
Variational Omni NBIS0.0000%8h233.67+0.059%$2.8M$825Kas long as short
SunX NBIS-USDT0.0000%8h233.84+0.133%$849$1.8M10xas long as short
Deribit NBIS_USDC-PERPETUAL0.0000%1h233.73+0.086%$35K$47K10xas long as short
HTX NBIS-USDT0.0000%8h233.80+0.116%$15K$115K20xas long as short
Phemex NBISUSDT0.0000%8h233.76+0.098%$1.6M$965K10xas long as short
Aster NBISUSDTlong+0.0033%8h233.53long leg$79K$304K50x
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance NBISUSDT+0.0037%8h233.76+0.100%$19.4M$86.9M25xas long as short
QFEX NBIS-USD+0.0038%1h233.74+0.090%$1.5M$5.1M10xas long as short
Extended NBIS-USD+0.0040%1h233.72+0.081%$141K$697K10xas long as short
Arcus NBIS-USD+0.0040%1h233.73+0.086%$44K$133K5xas long as short
BloFin NBIS-USDT+0.0043%8h233.77+0.103%$205K$213K20xas long as short
GRVT NBIS_USDT_Perpshort+0.0044%8h233.70+0.073%$5K$144K10x
Vest NBIS-USD-PERP+0.0046%1h233.92+0.167%$234K5xas long as short
Polymarket Perps NBIS-USD+0.0050%1h233.77+0.103%$148K$657K10xas long as short
SoDEX NBIS-USD+0.0050%1h233.73+0.086%$42$20K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h233.83+0.128%$173K$499K10xas long as short
Coinbase International NBIS-PERP-INTX+0.0072%1h232.99−0.231%$356K$698K10xas long as short
KuCoin NBISUSDTM+0.0100%8h233.47−0.026%$481K$25K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h233.76+0.098%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h233.76+0.098%10xas long as short
tradeXYZ xyz:NBIS+0.0197%1h233.77+0.103%$54.5M$23.5M10xas long as short
Nado NBIS-PERP+0.0223%1h233.71+0.079%$28K$63K3xas long as short
Lighter NBIS+0.0224%1h233.81+0.120%$934K$4.6M10xas long as short
Entropy io:NBIS+0.0267%1h233.75+0.094%$10.2M$3.3M10xas long as short
Phoenix NBIS+0.0343%1h233.78+0.107%$7K$185K10xas long as short
Kraken Futures PF_NBISUSD+0.0346%1h233.58+0.022%$24K$13K20xas long as short
edgeX NBISUSDC+0.0916%4h233.85+0.138%$37K$235K10xas long as short