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

NBIS

RWAall NBIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0125%/8h= −13.7% APRpaid last 24h +0.030%
Price spread now: Nado against Aster−0.086%7-day average · you buy dearer than you sell
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 3 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 · Nado: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Nado is 0.086% cheaper against Aster than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster NBISUSDT234.290.0160pay 0.0160% / 8h6h 01m$81K$307K50x
ShortNado NBIS-PERP234.090.0035get 0.0004% / 1h1m 28s$67K$95K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
−$26.26
Price spread: −0.086% → 0.000%
−$8.57
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$49.83
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Aster: live order book, 65 min ago; Nado: 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, 65 min ago9.54 bp87.1 bp −$87doesn't fitdoesn't fitdoesn't fit
Sell Nado no order-book sample
Nado: 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 30 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%8h234.10−0.080%$5.0M$6.3M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h234.21−0.033%$3.4M$16.3M25xas long as short
Gate NBIS_USDT0.0000%8h234.09−0.084%$2.8M$5.1M50xas long as short
Bitget NBISUSDT0.0000%8h234.06−0.097%$2.4M$4.4M20xas long as short
GRVT NBIS_USDT_Perp0.0000%8h234.04−0.104%$5K$128K10xas long as short
SunX NBIS-USDT0.0000%8h234.07−0.093%$1K$1.7M10xas long as short
Deribit NBIS_USDC-PERPETUAL0.0000%1h234.08−0.088%$35K$48K10xas long as short
HTX NBIS-USDT0.0000%8h234.02−0.114%$15K$60K20xas long as short
Phemex NBISUSDT0.0000%8h234.22−0.029%$1.6M$970K10xas long as short
QFEX NBIS-USD+0.0024%1h234.05−0.101%$1.5M$4.5M10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado NBIS-PERPshort+0.0035%1h234.09−0.086%$67K$95K3x
Arcus NBIS-USD+0.0040%1h233.91−0.161%$42K$132K5xas long as short
Vest NBIS-USD-PERP+0.0046%1h234.22−0.029%$215K5xas long as short
Polymarket Perps NBIS-USD+0.0050%1h233.94−0.148%$149K$453K10xas long as short
SoDEX NBIS-USD+0.0050%1h234.10−0.080%$14$20K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h234.05−0.101%$164K$497K10xas long as short
tradeXYZ xyz:NBIS+0.0057%1h233.88−0.174%$54.6M$19.8M10xas long as short
Kraken Futures PF_NBISUSD+0.0096%1h234.16−0.053%$24K$15K20xas long as short
KuCoin NBISUSDTM+0.0100%8h234.00−0.122%$482K$21K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h234.14−0.063%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h234.12−0.073%10xas long as short
Coinbase International NBIS-PERP-INTX+0.0112%1h233.53−0.323%$382K$712K10xas long as short
Variational Omni NBIS+0.0152%8h234.06−0.097%$2.8M$570Kas long as short
Aster NBISUSDTlong+0.0160%8h234.29long leg$81K$307K50x
Binance NBISUSDT+0.0174%8h234.00−0.122%$19.1M$84.7M25xas long as short
Extended NBIS-USD+0.0176%1h234.02−0.113%$147K$698K10xas long as short
edgeX NBISUSDC+0.0190%4h234.01−0.116%$38K$227K10xas long as short
Lighter NBIS+0.0192%1h234.06−0.097%$904K$4.4M10xas long as short
Phoenix NBIS+0.0306%1h234.08−0.088%$7K$152K10xas long as short
Entropy io:NBIS+0.0393%1h234.07−0.093%$10.2M$3.3M10xas long as short