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

NBIS

RWAall NBIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.006%
Price spread now: Ondo Perps against Binance−0.046%7-day average −0.012% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.025%+$2 on $10k
Price spread, last 2 days (all we have)+0.178%+$18 · spread now −0.046%, 7d avg −0.012%
Together, before fees+0.203%+ Points / potential airdropOndo Perps: Active · farm board+$20 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.034% cheaper against Binance than usual: you would sell low and buy high (spread −0.046% now, against its 7-day average of −0.012%). If the spread goes back, that is −$3 on $10k: about 2.2 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.025% in total) that is about 9.5 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance NBISUSDT232.990get 0.0000% / 8h2h 00m$19.3M$87.2M25x
ShortOndo Perps NBIS-USD.P232.880.0050get 0.0006% / 1h0m 58s$180K$513K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
$10.58
Price spread: −0.046% → −0.012%
−$3.38
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$7.8
Costs to cover
0.150%
Break-even
12.2 days
Slippage unknown: Binance: live order book, 12 min ago; Ondo Perps: 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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 12 min ago0.21 bp9.1 bp −$929.8 bp −$298110.8 bp −$11.1Kdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit NBIS_USDC-PERPETUAL−0.0608%1h232.84−0.063%$35K$48K10xas long as short
BloFin NBIS-USDT−0.0004%8h233.06+0.032%$206K$216K20xas long as short
Aster NBISUSDT0.0000%8h233.11+0.052%$79K$304K50xas long as short
Extended NBIS-USD0.0000%1h232.96−0.010%$141K$697K10xas long as short
Binance NBISUSDTlong0.0000%8h232.99long leg$19.3M$87.2M25x
Bybit NBISUSDT0.0000%8h232.96−0.011%$5.1M$6.7M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h232.91−0.033%$3.4M$17.0M25xas long as short
Gate NBIS_USDT0.0000%8h232.98−0.003%$2.8M$5.3M50xas long as short
Bitget NBISUSDT0.0000%8h232.95−0.016%$2.5M$4.8M20xas long as short
Variational Omni NBIS0.0000%8h232.99+0.004%$2.8M$945Kas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX NBIS-USDT0.0000%8h232.93−0.024%$519$1.8M10xas long as short
HTX NBIS-USDT0.0000%8h232.97−0.007%$15K$115K20xas long as short
Phemex NBISUSDT0.0000%8h233.01+0.010%$1.6M$966K10xas long as short
GRVT NBIS_USDT_Perp+0.0007%8h232.99+0.004%$5K$147K10xas long as short
QFEX NBIS-USD+0.0033%1h232.98−0.003%$1.5M$5.1M10xas long as short
Arcus NBIS-USD+0.0040%1h233.11+0.053%$44K$134K5xas long as short
Vest NBIS-USD-PERP+0.0046%1h233.09+0.045%$234K5xas long as short
Polymarket Perps NBIS-USD+0.0050%1h233.02+0.014%$139K$637K10xas long as short
SoDEX NBIS-USD+0.0050%1h232.98−0.003%$42$20K10xas long as short
Ondo Perps NBIS-USD.Pshort+0.0050%1h232.88−0.046%$180K$513K10x
Kraken Futures PF_NBISUSD+0.0057%1h232.86−0.053%$24K$13K20xas long as short
KuCoin NBISUSDTM+0.0100%8h232.96−0.011%$480K$25K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h233.05+0.027%$2K$4K10xas long as short
Lighter NBIS+0.0104%1h233.08+0.040%$934K$4.6M10xas long as short
Aevo NBIS-PERP+0.0104%1h233.02+0.014%10xas long as short
Coinbase International NBIS-PERP-INTX+0.0136%1h232.99+0.002%$355K$704K10xas long as short
edgeX NBISUSDC+0.0163%4h232.92−0.026%$37K$235K10xas long as short
tradeXYZ xyz:NBIS+0.0184%1h233.07+0.036%$54.4M$23.5M10xas long as short
Entropy io:NBIS+0.0193%1h233.03+0.019%$10.2M$3.3M10xas long as short
Nado NBIS-PERP+0.0194%1h232.89−0.040%$28K$65K3xas long as short
Phoenix NBIS+0.0276%1h233.27+0.122%$7K$185K10xas long as short