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

NBIS

RWAall NBIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.008%
Price spread now: KuCoin against Aster−0.099%7-day average −0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$325as in the Funding arb table
Net, price: spread back to 7d avg − costs−$334as in the Price arb table
costs, in and out, $10k−$3303.305% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.059%+$6 on $10k
Price spread, last 4 days (all we have)−0.020%−$2 · spread now −0.099%, 7d avg −0.061%
Together, before fees+0.040%+ Points / potential airdropAster: Stage 5 · farm board+$4 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.039% cheaper against Aster than usual: you would sell low and buy high (spread −0.099% now, against its 7-day average of −0.061%). If the spread goes back, that is −$4 on $10k: about 31 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.059% in total) that is about 4.6 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster NBISUSDT231.230get 0.0000% / 8h15m 55s$84K$311K50x
ShortKuCoin NBISUSDTM231.000.0100get 0.0100% / 8h15m 55s$476K$24K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$21
Price spread: −0.099% → −0.061%
−$3.88
Slippage, 4 orders
−$310.47
Fee Aster: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$313.35
Costs to cover
3.305%
Break-even
111.4 days
Slippage from Aster: live order book, 21 min ago; KuCoin: live order book, 18 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, 21 min ago3.24 bp15.3 bp −$15doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 18 min ago23.35 bp152.0 bp −$152doesn'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
Bitget NBISUSDT−0.0389%8h231.20−0.013%$2.3M$4.6M20xas long as short
Aster NBISUSDTlong0.0000%8h231.23long leg$84K$311K50x
Extended NBIS-USD0.0000%1h231.15−0.037%$144K$879K10xas long as short
Binance NBISUSDT0.0000%8h231.20−0.013%$18.8M$87.9M25xas long as short
Bybit NBISUSDT0.0000%8h231.20−0.013%$4.9M$6.8M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h231.13−0.043%$3.3M$16.0M25xas long as short
Gate NBIS_USDT0.0000%8h231.19−0.017%$2.7M$5.2M50xas long as short
Variational Omni NBIS0.0000%8h230.98−0.106%$2.8M$589Kas long as short
GRVT NBIS_USDT_Perp0.0000%8h231.20−0.013%$4K$115K10xas long as short
SunX NBIS-USDT0.0000%8h231.20−0.013%$1K$1.6M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX NBIS-USDT0.0000%8h231.32+0.039%$15K$57K20xas long as short
Phemex NBISUSDT0.0000%8h231.20−0.013%$1.6M$970K10xas long as short
BloFin NBIS-USDT+0.0005%8h231.36+0.056%$204K$212K20xas long as short
Arcus NBIS-USD+0.0040%1h231.00−0.099%$42K$131K5xas long as short
QFEX NBIS-USD+0.0041%1h231.36+0.056%$1.5M$3.7M10xas long as short
Vest NBIS-USD-PERP+0.0046%1h231.14−0.039%$223K5xas long as short
Polymarket Perps NBIS-USD+0.0050%1h231.15−0.035%$137K$473K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h231.22−0.004%$150K$543K10xas long as short
Coinbase International NBIS-PERP-INTX+0.0056%1h230.39−0.363%$353K$805K10xas long as short
SoDEX NBIS-USD+0.0067%1h231.12−0.048%$92$20K10xas long as short
KuCoin NBISUSDTMshort+0.0100%8h231.00−0.099%$476K$24K20x
Orderly PERP_NBIS_USDC_mythos+0.0100%8h231.22−0.004%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h231.15−0.033%10xas long as short
tradeXYZ xyz:NBIS+0.0113%1h231.07−0.069%$54.1M$21.2M10xas long as short
Nado NBIS-PERP+0.0185%1h231.02−0.091%$38K$116K3xas long as short
Lighter NBIS+0.0288%1h231.10−0.056%$945K$4.1M10xas long as short
Phoenix NBIS+0.0312%1h231.02−0.091%$7K$125K10xas long as short
Entropy io:NBIS+0.0421%1h231.02−0.091%$10.1M$3.1M10xas long as short
Kraken Futures PF_NBISUSD+0.0540%1h231.14−0.038%$23K$15K20xas long as short
Deribit NBIS_USDC-PERPETUAL+0.0616%1h231.24+0.004%$34K$49K10xas long as short
edgeX NBISUSDC+0.0956%4h231.18−0.020%$37K$227K10xas long as short