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+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.065%
Price spread now: Orderly against Bitget+0.022%7-day average · you sell dearer than you buy
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Orderly is 0.022% dearer against Bitget than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget NBISUSDT230.860get 0.0000% / 8h6h 20m$2.3M$4.7M20x
ShortOrderly PERP_NBIS_USDC_mythos230.910.0100get 0.0100% / 8h6h 20m$2K$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$21
Price spread: +0.022% → 0.000%
$2.17
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Orderly: 3 bp × 2 orders
−$6
Net
$5.17
Costs to cover
0.180%
Break-even
5.3 days
Slippage unknown: Bitget: live order book, 1 min ago; Orderly: 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 Bitget live order book, 1 min ago1.73 bp18.4 bp −$1828.9 bp −$28943.5 bp −$4,355doesn't fit
Sell Orderly no order-book sample
Orderly: 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 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
Deribit NBIS_USDC-PERPETUAL−0.0053%1h230.66−0.087%$34K$50K10xas long as short
OKX NBIS-USDT-SWAP0.0000%8h230.74−0.052%$3.3M$16.5M25xas long as short
Gate NBIS_USDT0.0000%8h230.85−0.004%$2.7M$5.1M50xas long as short
Bitget NBISUSDTlong0.0000%8h230.86long leg$2.3M$4.7M20x
SunX NBIS-USDT0.0000%8h230.860.000%$1K$1.5M10xas long as short
HTX NBIS-USDT0.0000%8h230.79−0.030%$13K$62K20xas long as short
Phemex NBISUSDT0.0000%8h230.78−0.035%$1.6M$970K10xas long as short
Variational Omni NBIS+0.0010%8h230.73−0.055%$2.8M$642Kas long as short
Aster NBISUSDT+0.0032%8h230.97+0.049%$74K$315K50xas long as short
BloFin NBIS-USDT+0.0042%8h230.77−0.039%$205K$219K20xas long as short
Show all 31 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest NBIS-USD-PERP+0.0046%1h230.99+0.056%$250K5xas long as short
Bybit NBISUSDT+0.0048%8h230.92+0.026%$4.9M$6.8M50xas long as short
Polymarket Perps NBIS-USD+0.0050%1h230.81−0.022%$138K$472K10xas long as short
SoDEX NBIS-USD+0.0050%1h230.78−0.035%$74$19K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h230.67−0.082%$151K$538K10xas long as short
QFEX NBIS-USD+0.0054%1h230.79−0.030%$1.5M$3.7M10xas long as short
Binance NBISUSDT+0.0063%8h230.93+0.030%$19.6M$91.5M25xas long as short
Extended NBIS-USD+0.0064%1h230.79−0.028%$145K$854K10xas long as short
Coinbase International NBIS-PERP-INTX+0.0088%1h230.69−0.074%$380K$873K10xas long as short
KuCoin NBISUSDTM+0.0100%8h230.71−0.065%$468K$143K20xas long as short
Orderly PERP_NBIS_USDC_mythosshort+0.0100%8h230.91+0.022%$2K$3K10x
Aevo NBIS-PERP+0.0104%1h230.81−0.022%10xas long as short
Nado NBIS-PERP+0.0140%1h230.77−0.037%$38K$116K3xas long as short
Arcus NBIS-USD+0.0257%1h230.79−0.030%$42K$122K5xas long as short
tradeXYZ xyz:NBIS+0.0307%1h230.94+0.035%$54.3M$20.4M10xas long as short
Phoenix NBIS+0.0347%1h230.98+0.052%$7K$127K10xas long as short
GRVT NBIS_USDT_Perp+0.0353%8h230.77−0.039%$5K$104K10xas long as short
Lighter NBIS+0.0408%1h230.97+0.048%$935K$4.1M10xas long as short
Entropy io:NBIS+0.0665%1h230.81−0.022%$10.1M$3.1M10xas long as short
edgeX NBISUSDC+0.0705%4h230.90+0.015%$37K$226K10xas long as short
Kraken Futures PF_NBISUSD+0.0770%1h230.59−0.115%$22K$11K20xas long as short