Funding arb · Price arb /

NBIS

RWAall NBIS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0059%/8h= +6.5% APRpaid last 24h —

Price spread now: Aevo against Binance−0.022%7-day average — · you buy dearer than you sell

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

Long on Binance Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Aevo is 0.022% cheaper against Binance than usual: you would sell low and buy high (spread −0.022% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 30 hours of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance NBISUSDT	230.44	0.0045	pay 0.0045% / 8h	7h 00m	$18.5M	$90.2M	25x
Short	Aevo NBIS-PERP	230.39	0.0104	get 0.0013% / 1h	0m 42s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Binance. 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 BinancebpFee AevobpOrdersPrice spread, now −0.022%Rate

Funding earned: $12.4
Price spread: −0.022% → 0.000%: −$2.22
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$15.82
Costs to cover: 0.260%
Break-even: 15.9 days

Slippage unknown: Binance: live order book, 12 min ago; Aevo: 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 Binance live order book, 12 min ago	0.65 bp	7.3 bp −$7	23.6 bp −$236	79.2 bp −$7,922	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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
Bitget NBISUSDT	−0.0079%	8h	230.38	−0.026%	$2.3M	$4.6M	20x	as long as short
Coinbase International NBIS-PERP-INTX	−0.0008%	1h	230.78	+0.148%	$382K	$869K	10x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	230.40	−0.017%	$3.3M	$16.4M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	230.39	−0.022%	$2.7M	$5.2M	50x	as long as short
Variational Omni NBIS	0.0000%	8h	230.37	−0.029%	$2.8M	$601K	—	as long as short
SunX NBIS-USDT	0.0000%	8h	230.61	+0.074%	$1K	$1.6M	10x	as long as short
Phemex NBISUSDT	0.0000%	8h	230.40	−0.017%	$1.5M	$971K	10x	as long as short
Aster NBISUSDT	+0.0005%	8h	230.18	−0.114%	$74K	$320K	50x	as long as short
Arcus NBIS-USD	+0.0040%	1h	230.53	+0.039%	$42K	$124K	5x	as long as short
Binance NBISUSDTlong	+0.0045%	8h	230.44	long leg	$18.5M	$90.2M	25x

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest NBIS-USD-PERP	+0.0046%	1h	230.40	−0.017%	—	$246K	5x	as long as short
Extended NBIS-USD	+0.0048%	1h	230.31	−0.058%	$144K	$856K	10x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	230.36	−0.035%	$137K	$467K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	230.20	−0.104%	$149K	$539K	10x	as long as short
QFEX NBIS-USD	+0.0064%	1h	230.59	+0.065%	$1.6M	$3.7M	10x	as long as short
BloFin NBIS-USDT	+0.0065%	8h	230.49	+0.022%	$200K	$215K	20x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	230.26	−0.078%	$474K	$96K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	230.44	0.000%	$2K	$3K	10x	as long as short
Aevo NBIS-PERPshort	+0.0104%	1h	230.39	−0.022%	—	—	10x
Nado NBIS-PERP	+0.0134%	1h	230.32	−0.051%	$38K	$116K	3x	as long as short
tradeXYZ xyz:NBIS	+0.0190%	1h	230.48	+0.017%	$54.1M	$22.0M	10x	as long as short
HTX NBIS-USDT	+0.0195%	8h	230.68	+0.104%	$13K	$62K	20x	as long as short
Bybit NBISUSDT	+0.0240%	8h	230.38	−0.026%	$4.8M	$6.8M	50x	as long as short
Lighter NBIS	+0.0248%	1h	230.56	+0.052%	$927K	$4.2M	10x	as long as short
Deribit NBIS_USDC-PERPETUAL	+0.0271%	1h	230.40	−0.017%	$34K	$50K	10x	as long as short
Phoenix NBIS	+0.0277%	1h	230.48	+0.017%	$7K	$125K	10x	as long as short
SoDEX NBIS-USD	+0.0409%	1h	230.44	0.000%	$78	$20K	10x	as long as short
Entropy io:NBIS	+0.0414%	1h	230.38	−0.026%	$10.0M	$3.2M	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0677%	1h	230.48	+0.016%	$22K	$16K	20x	as long as short
edgeX NBISUSDC	+0.0741%	4h	230.53	+0.038%	$37K	$227K	10x	as long as short
GRVT NBIS_USDT_Perp	+0.0765%	8h	230.54	+0.043%	$5K	$114K	10x	as long as short