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

NBIS

RWAall NBIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0112%/8h= +12.2% APRnext payment +$1.12 per $10,000 · paid last 24h +0.028%
Price spread now: BloFin against Bitget+0.017%105s7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$510.514% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.043%−$4 on $10k
Price spread, last 4 days (all we have)−0.115%−$12 · spread now +0.017%, 7d avg +0.016%
Together, before fees−0.158%−$16 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.016%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 105 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget NBISUSDT235.670get 0.0000% / 8h4h 41m$2.4M$4.4M20x
ShortBloFin NBIS-USDT235.710.0112get 0.0112% / 8h4h 41m$208K$205K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. 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
$23.43
Price spread: +0.017% → +0.016%
$0.14
Slippage, 4 orders
−$27.44
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$27.87
Costs to cover
0.514%
Break-even
15.3 days
Slippage from Bitget: live order book, 2 min ago; BloFin: live order book, 56 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 Bitget live order book, 2 min ago1.91 bp15.4 bp −$1522.9 bp −$22929.9 bp −$2,992doesn't fit
Sell BloFin live order book, 56 min ago2.13 bp11.0 bp −$1120.8 bp −$208doesn'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
Nado NBIS-PERP−0.0179%1h235.65−0.007%$38K$115K3xas long as short
Bybit NBISUSDT0.0000%8h235.77+0.042%$5.1M$6.2M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h235.65−0.008%$3.4M$16.2M25xas long as short
Gate NBIS_USDT0.0000%8h235.72+0.021%$2.8M$5.0M50xas long as short
Bitget NBISUSDTlong0.0000%8h235.67long leg$2.4M$4.4M20x
GRVT NBIS_USDT_Perp0.0000%8h235.51−0.069%$5K$119K10xas long as short
SunX NBIS-USDT0.0000%8h235.85+0.076%$1K$1.7M10xas long as short
Deribit NBIS_USDC-PERPETUAL0.0000%1h235.64−0.013%$35K$48K10xas long as short
HTX NBIS-USDT0.0000%8h235.28−0.165%$15K$60K20xas long as short
Phemex NBISUSDT0.0000%8h235.76+0.038%$1.6M$958K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX NBIS-USD+0.0038%1h235.68+0.004%$1.5M$4.2M10xas long as short
Variational Omni NBIS+0.0039%8h235.31−0.152%$2.9M$573Kas long as short
Arcus NBIS-USD+0.0040%1h235.45−0.093%$43K$132K5xas long as short
Vest NBIS-USD-PERP+0.0046%1h235.97+0.127%$216K5xas long as short
tradeXYZ xyz:NBIS+0.0050%1h235.63−0.017%$55.0M$19.9M10xas long as short
Polymarket Perps NBIS-USD+0.0050%1h235.64−0.013%$149K$453K10xas long as short
SoDEX NBIS-USD+0.0050%1h235.73+0.025%$5$21K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h235.74+0.030%$161K$504K10xas long as short
Coinbase International NBIS-PERP-INTX+0.0056%1h235.35−0.136%$389K$724K10xas long as short
Lighter NBIS+0.0064%1h235.76+0.038%$900K$4.0M10xas long as short
Aster NBISUSDT+0.0083%8h235.66−0.002%$79K$310K50xas long as short
Binance NBISUSDT+0.0086%8h235.75+0.034%$19.4M$84.6M25xas long as short
Extended NBIS-USD+0.0088%1h235.73+0.025%$147K$702K10xas long as short
KuCoin NBISUSDTM+0.0100%8h235.53−0.059%$485K$21K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h235.75+0.034%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h235.74+0.030%10xas long as short
BloFin NBIS-USDTshort+0.0112%8h235.71+0.017%$208K$205K20x
Phoenix NBIS+0.0272%1h235.31−0.153%$7K$150K10xas long as short
edgeX NBISUSDC+0.0307%4h235.68+0.004%$38K$225K10xas long as short
Entropy io:NBIS+0.0424%1h235.60−0.030%$10.2M$3.3M10xas long as short
Kraken Futures PF_NBISUSD+0.0476%1h235.54−0.055%$24K$15K20xas long as short