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+0.0068%/8h= +7.4% APRnext payment +$0.68 per $10,000 · paid last 24h +0.002%
Price spread now: OKX against Bitget+0.013%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$530.532% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.085%−$8 on $10k
Price spread, last 7 days−0.009%−$1 · spread now +0.013%, 7d avg −0.004%
Together, before fees−0.094%−$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.004%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.085%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget NBISUSDT232.88−0.0068get 0.0068% / 8h2h 51m$2.3M$4.5M20x
ShortOKX NBIS-USDT-SWAP232.910get 0.0000% / 8h2h 51m$3.4M$16.1M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$14.28
Price spread: +0.013% → −0.004%
$1.66
Slippage, 4 orders
−$31.22
Fee Bitget: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$37.28
Costs to cover
0.532%
Break-even
25.3 days
Slippage from Bitget: live order book, 1 min ago; OKX: live order book, 2 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, 1 min ago1.29 bp14.4 bp −$1414.6 bp −$14631.3 bp −$3,131doesn't fit
Sell OKX live order book, 2 min ago1.93 bp12.8 bp −$1338.9 bp −$389doesn'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
Bitget NBISUSDTlong−0.0068%8h232.88long leg$2.3M$4.5M20x
Aster NBISUSDT0.0000%8h232.77−0.048%$83K$309K50xas long as short
Extended NBIS-USD0.0000%1h232.84−0.019%$145K$756K10xas long as short
Binance NBISUSDT0.0000%8h232.90+0.009%$18.9M$85.7M25xas long as short
Bybit NBISUSDT0.0000%8h232.94+0.026%$5.0M$6.4M50xas long as short
OKX NBIS-USDT-SWAPshort0.0000%8h232.91+0.013%$3.4M$16.1M25x
Gate NBIS_USDT0.0000%8h232.86−0.009%$2.7M$5.0M50xas long as short
Variational Omni NBIS0.0000%8h232.58−0.129%$2.9M$552Kas long as short
GRVT NBIS_USDT_Perp0.0000%8h232.27−0.262%$5K$118K10xas long as short
SunX NBIS-USDT0.0000%8h232.58−0.129%$1K$1.6M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX NBIS-USDT0.0000%8h231.86−0.438%$15K$60K20xas long as short
Phemex NBISUSDT0.0000%8h232.85−0.013%$1.6M$956K10xas long as short
Deribit NBIS_USDC-PERPETUAL+0.0008%1h232.75−0.056%$35K$49K10xas long as short
BloFin NBIS-USDT+0.0028%8h232.75−0.056%$205K$205K20xas long as short
QFEX NBIS-USD+0.0029%1h232.80−0.034%$1.5M$3.9M10xas long as short
Arcus NBIS-USD+0.0040%1h232.37−0.219%$42K$132K5xas long as short
Vest NBIS-USD-PERP+0.0046%1h232.73−0.064%$217K5xas long as short
Polymarket Perps NBIS-USD+0.0050%1h232.66−0.094%$143K$459K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h232.41−0.202%$160K$506K10xas long as short
Nado NBIS-PERP+0.0097%1h232.68−0.087%$38K$115K3xas long as short
KuCoin NBISUSDTM+0.0100%8h232.73−0.064%$479K$20K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h232.77−0.047%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h232.77−0.045%10xas long as short
tradeXYZ xyz:NBIS+0.0136%1h232.80−0.034%$54.3M$20.2M10xas long as short
Coinbase International NBIS-PERP-INTX+0.0168%1h232.30−0.249%$361K$771K10xas long as short
SoDEX NBIS-USD+0.0221%1h232.82−0.026%$107$20K10xas long as short
Kraken Futures PF_NBISUSD+0.0221%1h232.79−0.037%$23K$15K20xas long as short
Phoenix NBIS+0.0242%1h232.60−0.120%$7K$150K10xas long as short
Lighter NBIS+0.0384%1h232.87−0.004%$931K$3.9M10xas long as short
Entropy io:NBIS+0.0588%1h232.51−0.159%$10.1M$3.2M10xas long as short
edgeX NBISUSDC+0.0674%4h232.58−0.129%$37K$226K10xas long as short