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

NBIS

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0082%/8h= +9.0% APRpaid last 24h +0.025%
Price spread now: tradeXYZ against Aster+0.031%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$710.713% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.189%+$19 on $10k
Price spread, last 4 days (all we have)−0.075%−$7 · spread now +0.031%, 7d avg 0.000%
Together, before fees+0.114%+ Points / potential airdropAster: Stage 5 · tradeXYZ: Active · farm board+$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and tradeXYZ is 0.031% dearer against Aster than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of 0.000%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster NBISUSDT230.720get 0.0000% / 8h56m 53s$84K$311K50x
ShorttradeXYZ xyz:NBIS230.790.0082get 0.0010% / 1h56m 53s$54.2M$21.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$17.17
Price spread: +0.031% → 0.000%
$3.08
Slippage, 4 orders
−$45.27
Fee Aster: 4 bp × 2 orders
−$8
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$51.02
Costs to cover
0.713%
Break-even
27.8 days
Slippage from Aster: live order book, 45 min ago; tradeXYZ: live order book, 13 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, 45 min ago4.12 bp36.5 bp −$37doesn't fitdoesn't fitdoesn't fit
Sell tradeXYZ live order book, 13 min ago1.08 bp12.4 bp −$12doesn'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−0.0536%8h230.94+0.096%$2.3M$4.6M20xas long as short
Nado NBIS-PERP−0.0145%1h230.74+0.008%$37K$115K3xas long as short
Aster NBISUSDTlong0.0000%8h230.72long leg$84K$311K50x
Extended NBIS-USD0.0000%1h230.80+0.037%$149K$631K10xas long as short
Binance NBISUSDT0.0000%8h230.81+0.040%$18.5M$87.6M25xas long as short
Bybit NBISUSDT0.0000%8h230.77+0.022%$4.9M$6.8M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h230.80+0.035%$3.3M$16.1M25xas long as short
Gate NBIS_USDT0.0000%8h230.84+0.053%$2.7M$5.2M50xas long as short
Variational Omni NBIS0.0000%8h230.87+0.066%$2.8M$595Kas long as short
GRVT NBIS_USDT_Perp0.0000%8h230.92+0.086%$4K$116K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX NBIS-USDT0.0000%8h230.94+0.096%$889$1.6M10xas long as short
Deribit NBIS_USDC-PERPETUAL0.0000%1h230.72+0.001%$34K$49K10xas long as short
HTX NBIS-USDT0.0000%8h230.97+0.109%$15K$57K20xas long as short
Phemex NBISUSDT0.0000%8h230.92+0.087%$1.6M$966K10xas long as short
BloFin NBIS-USDT+0.0024%8h230.79+0.031%$204K$205K20xas long as short
Arcus NBIS-USD+0.0040%1h230.75+0.014%$42K$132K5xas long as short
QFEX NBIS-USD+0.0041%1h230.78+0.027%$1.5M$3.8M10xas long as short
Vest NBIS-USD-PERP+0.0046%1h230.67−0.021%$222K5xas long as short
Polymarket Perps NBIS-USD+0.0050%1h230.76+0.018%$137K$473K10xas long as short
SoDEX NBIS-USD+0.0050%1h230.83+0.048%$134$20K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h230.77+0.022%$151K$542K10xas long as short
Coinbase International NBIS-PERP-INTX+0.0056%1h230.38−0.147%$352K$813K10xas long as short
tradeXYZ xyz:NBISshort+0.0082%1h230.79+0.031%$54.2M$21.1M10x
Lighter NBIS+0.0096%1h230.88+0.070%$936K$4.0M10xas long as short
Entropy io:NBIS+0.0097%1h230.82+0.044%$10.0M$3.1M10xas long as short
KuCoin NBISUSDTM+0.0100%8h230.72+0.001%$476K$20K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h230.81+0.040%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h230.80+0.034%10xas long as short
Phoenix NBIS+0.0311%1h231.11+0.170%$7K$125K10xas long as short
Kraken Futures PF_NBISUSD+0.0541%1h230.76+0.018%$23K$15K20xas long as short
edgeX NBISUSDC+0.0853%4h230.83+0.048%$37K$225K10xas long as short