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

NBIS

RWAall NBIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0004%/8h= +0.5% APRnext payment +$0.04 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against Binance+0.062%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$380.377% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.006%−$1 on $10k
Price spread, last 4 days (all we have)+0.068%+$7 · spread now +0.062%, 7d avg +0.039%
Together, before fees+0.062%+$6 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.023% dearer against Binance than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.039%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance NBISUSDT233.710.0136pay 0.0136% / 8h5h 53m$20.4M$90.7M25x
ShortBloFin NBIS-USDT233.850.0141get 0.0141% / 8h5h 53m$157K$217K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
$0.89
Price spread: +0.062% → +0.039%
$2.32
Slippage, 4 orders
−$15.7
Fee Binance: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$34.48
Costs to cover
0.377%
Break-even
277.5 days
Slippage from Binance: live order book, 13 min ago; BloFin: live order book, 52 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 Binance live order book, 13 min ago1.08 bp9.1 bp −$925.7 bp −$25787.5 bp −$8,749doesn't fit
Sell BloFin live order book, 52 min ago2.17 bp9.6 bp −$1020.1 bp −$201doesn't fitdoesn't fit

NBIS on 31 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NBIS-USDT-SWAP0.0000%8h233.76+0.023%$3.3M$16.5M25xas long as short
Gate NBIS_USDT0.0000%8h233.75+0.019%$2.8M$5.0M50xas long as short
Bitget NBISUSDT0.0000%8h233.83+0.053%$2.3M$4.5M20xas long as short
SunX NBIS-USDT0.0000%8h233.63−0.032%$937$1.4M10xas long as short
HTX NBIS-USDT0.0000%8h233.21−0.212%$13K$62K20xas long as short
Phemex NBISUSDT0.0000%8h233.79+0.036%$1.6M$969K10xas long as short
Vest NBIS-USD-PERP+0.0046%1h233.74+0.015%$250K5xas long as short
QFEX NBIS-USD+0.0058%1h233.51−0.084%$1.6M$3.6M10xas long as short
Variational Omni NBIS+0.0063%8h233.08−0.269%$2.9M$637Kas long as short
Bybit NBISUSDT+0.0078%8h233.82+0.049%$5.3M$6.9M50xas long as short
Show all 31 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps NBIS-USD.P+0.0090%1h233.32−0.165%$154K$523K10xas long as short
Aster NBISUSDT+0.0098%8h233.29−0.177%$75K$312K50xas long as short
KuCoin NBISUSDTM+0.0100%8h233.37−0.143%$473K$174K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h233.60−0.045%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h233.56−0.061%10xas long as short
Coinbase International NBIS-PERP-INTX+0.0104%1h232.69−0.434%$381K$877K10xas long as short
Extended NBIS-USD+0.0136%1h233.59−0.048%$149K$846K10xas long as short
Binance NBISUSDTlong+0.0136%8h233.71long leg$20.4M$90.7M25x
BloFin NBIS-USDTshort+0.0141%8h233.85+0.062%$157K$217K20x
Polymarket Perps NBIS-USD+0.0184%1h233.52−0.079%$137K$472K10xas long as short
Nado NBIS-PERP+0.0217%1h233.39−0.134%$38K$85K3xas long as short
Deribit NBIS_USDC-PERPETUAL+0.0307%1h233.64−0.028%$35K$49K10xas long as short
Kraken Futures PF_NBISUSD+0.0370%1h233.40−0.129%$22K$11K20xas long as short
Phoenix NBIS+0.0377%1h233.04−0.285%$7K$127K10xas long as short
Arcus NBIS-USD+0.0413%1h233.47−0.101%$42K$119K5xas long as short
edgeX NBISUSDC+0.0420%4h233.25−0.195%$37K$226K10xas long as short
GRVT NBIS_USDT_Perp+0.0433%8h233.43−0.119%$5K$102K10xas long as short
SoDEX NBIS-USD+0.0460%1h233.69−0.006%$61$19K10xas long as short
tradeXYZ xyz:NBIS+0.0474%1h233.85+0.062%$55.3M$19.1M10xas long as short
Lighter NBIS+0.0536%1h233.86+0.066%$944K$3.8M10xas long as short
Entropy io:NBIS+0.0763%1h233.30−0.173%$10.2M$3.0M10xas long as short