Funding arb · Price arb /

NBIS

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0188%/8h= −20.6% APRpaid last 24h −0.061%

Price spread now: Vest against Aster+0.172%7-day average +0.498% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aster Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.031%−$3 on $10k

Price spread, last 3 days (all we have)−0.095%−$10 · spread now +0.172%, 7d avg +0.498%

Together, before fees−0.126%+ Points / potential airdropAster: Stage 5 · Vest: Active · farm board−$13 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Vest is 0.326% cheaper against Aster than usual: you would sell low and buy high (−$33 if the spread goes back to its 7-day average of +0.498%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.031% in total (about -3.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster NBISUSDT	234.55	0.0233	pay 0.0233% / 8h	25m 51s	$79K	$306K	50x
Short	Vest NBIS-USD-PERP	234.95	0.0046	get 0.0006% / 1h	25m 51s	—	$234K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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

Position, each leg$Hold fordaysFee AsterbpFee VestbpOrdersPrice spread, now +0.172%Rate

Funding earned: −$39.44
Price spread: +0.172% → +0.498%: −$32.6
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Vest: 1 bp × 2 orders: −$2
Net: −$82.04
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 51 min ago; Vest: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster live order book, 51 min ago	9.40 bp	86.8 bp −$87	doesn't fit	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit NBISUSDT	0.0000%	8h	234.74	+0.082%	$5.2M	$6.5M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	234.79	+0.104%	$3.4M	$17.1M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	234.77	+0.095%	$2.8M	$5.3M	50x	as long as short
Bitget NBISUSDT	0.0000%	8h	234.77	+0.095%	$2.5M	$4.8M	20x	as long as short
SunX NBIS-USDT	0.0000%	8h	234.81	+0.112%	$1K	$1.8M	10x	as long as short
Deribit NBIS_USDC-PERPETUAL	0.0000%	1h	234.68	+0.057%	$35K	$48K	10x	as long as short
Coinbase International NBIS-PERP-INTX	0.0000%	1h	233.76	−0.336%	$358K	$676K	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	234.78	+0.099%	$15K	$115K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	234.80	+0.108%	$1.6M	$971K	10x	as long as short
Vest NBIS-USD-PERPshort	+0.0046%	1h	234.95	+0.172%	—	$234K	5x

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps NBIS-USD	+0.0050%	1h	234.81	+0.112%	$149K	$723K	10x	as long as short
SoDEX NBIS-USD	+0.0050%	1h	234.80	+0.108%	$28	$20K	10x	as long as short
QFEX NBIS-USD	+0.0051%	1h	234.73	+0.078%	$1.5M	$5.1M	10x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	234.61	+0.027%	$484K	$25K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	234.81	+0.112%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	234.84	+0.125%	—	—	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0131%	1h	234.66	+0.048%	$174K	$499K	10x	as long as short
Nado NBIS-PERP	+0.0200%	1h	234.69	+0.062%	$28K	$63K	3x	as long as short
Variational Omni NBIS	+0.0218%	8h	234.82	+0.115%	$2.9M	$822K	—	as long as short
Aster NBISUSDTlong	+0.0233%	8h	234.55	long leg	$79K	$306K	50x
Extended NBIS-USD	+0.0248%	1h	234.73	+0.077%	$142K	$697K	10x	as long as short
GRVT NBIS_USDT_Perp	+0.0248%	8h	234.84	+0.124%	$5K	$140K	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0248%	1h	234.48	−0.027%	$24K	$14K	20x	as long as short
Binance NBISUSDT	+0.0250%	8h	234.80	+0.110%	$19.4M	$86.5M	25x	as long as short
BloFin NBIS-USDT	+0.0260%	8h	234.86	+0.133%	$207K	$214K	20x	as long as short
Arcus NBIS-USD	+0.0269%	1h	234.81	+0.112%	$44K	$134K	5x	as long as short
tradeXYZ xyz:NBIS	+0.0314%	1h	234.86	+0.133%	$54.8M	$23.4M	10x	as long as short
Phoenix NBIS	+0.0376%	1h	234.90	+0.150%	$7K	$163K	10x	as long as short
Lighter NBIS	+0.0392%	1h	234.94	+0.167%	$930K	$4.6M	10x	as long as short
Entropy io:NBIS	+0.0506%	1h	234.83	+0.121%	$10.3M	$3.4M	10x	as long as short
edgeX NBISUSDC	+0.0943%	4h	234.82	+0.116%	$38K	$234K	10x	as long as short