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−0.0075%/8h= −8.2% APRnext payment $0.75 per $10,000 · paid last 24h −0.075%
Price spread now: SunX against Aster+0.103%56s7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$191as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1791.791% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.124%−$12 on $10k
Price spread, last 3 days (all we have)−0.195%−$19 · spread now +0.103%, 7d avg +0.006%
Together, before fees−0.319%+ Points / potential airdropAster: Stage 5 · farm board−$32 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.097% dearer against Aster than usual: you sell high and buy low (spread +0.103% now, against its 7-day average of +0.006%): +$10 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.3 days. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster NBISUSDT233.810.0075pay 0.0075% / 8h1h 20m$79K$304K50x
ShortSunX NBIS-USDT234.050get 0.0000% / 8h1h 20m$1K$1.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$15.71
Price spread: +0.103% → +0.006%
$9.67
Slippage, 4 orders
−$163.07
Fee Aster: 4 bp × 2 orders
−$8
Fee SunX: 4 bp × 2 orders
−$8
Net
−$185.11
Costs to cover
1.791%
Break-even
never at this rate
Slippage from Aster: live order book, 62 min ago; SunX: live order book, 5 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, 62 min ago3.86 bp41.5 bp −$42doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 5 min ago45.06 bp64.0 bp −$64doesn'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%8h233.79−0.009%$5.2M$6.5M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h233.90+0.038%$3.4M$17.0M25xas long as short
Gate NBIS_USDT0.0000%8h233.92+0.047%$2.8M$5.3M50xas long as short
Bitget NBISUSDT0.0000%8h233.88+0.030%$2.5M$4.8M20xas long as short
SunX NBIS-USDTshort0.0000%8h234.05+0.103%$1K$1.8M10x
HTX NBIS-USDT0.0000%8h234.05+0.103%$15K$115K20xas long as short
Phemex NBISUSDT0.0000%8h234.04+0.098%$1.6M$968K10xas long as short
Variational Omni NBIS+0.0016%8h233.98+0.073%$2.8M$825Kas long as short
QFEX NBIS-USD+0.0038%1h233.94+0.055%$1.5M$5.1M10xas long as short
Arcus NBIS-USD+0.0040%1h233.95+0.060%$44K$133K5xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest NBIS-USD-PERP+0.0046%1h234.08+0.115%$234K5xas long as short
Polymarket Perps NBIS-USD+0.0050%1h233.97+0.068%$148K$657K10xas long as short
SoDEX NBIS-USD+0.0050%1h234.02+0.090%$19$20K10xas long as short
BloFin NBIS-USDT+0.0054%8h234.06+0.107%$206K$214K20xas long as short
Coinbase International NBIS-PERP-INTX+0.0072%1h232.99−0.351%$356K$697K10xas long as short
Ondo Perps NBIS-USD.P+0.0074%1h233.92+0.047%$174K$499K10xas long as short
Aster NBISUSDTlong+0.0075%8h233.81long leg$79K$304K50x
Extended NBIS-USD+0.0080%1h233.95+0.062%$142K$697K10xas long as short
Binance NBISUSDT+0.0083%8h233.99+0.077%$19.4M$86.9M25xas long as short
GRVT NBIS_USDT_Perp+0.0087%8h234.09+0.118%$5K$144K10xas long as short
KuCoin NBISUSDTM+0.0100%8h233.64−0.073%$481K$25K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h233.93+0.051%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h234.03+0.092%10xas long as short
tradeXYZ xyz:NBIS+0.0196%1h233.97+0.068%$54.6M$23.5M10xas long as short
Lighter NBIS+0.0216%1h234.00+0.081%$935K$4.6M10xas long as short
Nado NBIS-PERP+0.0246%1h233.80−0.006%$28K$63K3xas long as short
Deribit NBIS_USDC-PERPETUAL+0.0306%1h233.95+0.060%$35K$47K10xas long as short
Entropy io:NBIS+0.0310%1h233.97+0.068%$10.2M$3.3M10xas long as short
Phoenix NBIS+0.0343%1h234.19+0.162%$7K$185K10xas long as short
Kraken Futures PF_NBISUSD+0.0346%1h233.87+0.025%$24K$13K20xas long as short
edgeX NBISUSDC+0.0486%4h234.09+0.122%$37K$234K10xas long as short