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

NBIS

RWAall NBIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0063%/8h= +6.9% APRpaid last 24h +0.079%
Price spread now: tradeXYZ against Bitget−0.017%7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$540.541% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.150%+$15 on $10k
Price spread, last 7 days−0.004%$0 · spread now −0.017%, 7d avg −0.041%
Together, before fees+0.145%+ Points / potential airdroptradeXYZ: Active · farm board+$15 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and tradeXYZ is 0.024% dearer against Bitget than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.041%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget NBISUSDT234.160get 0.0000% / 8h6h 16m$2.4M$4.5M20x
ShorttradeXYZ xyz:NBIS234.120.0063get 0.0008% / 1h16m 01s$54.7M$20.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$13.26
Price spread: −0.017% → −0.041%
$2.36
Slippage, 4 orders
−$24.13
Fee Bitget: 6 bp × 2 orders
−$12
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$38.51
Costs to cover
0.541%
Break-even
27.3 days
Slippage from Bitget: live order book, 2 min ago; tradeXYZ: live order book, 3 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 ago1.92 bp15.5 bp −$1521.7 bp −$21730.5 bp −$3,046doesn't fit
Sell tradeXYZ live order book, 3 min ago0.43 bp10.6 bp −$1114.6 bp −$146doesn't fitdoesn't fit

NBIS on 30 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
Bybit NBISUSDT0.0000%8h234.22+0.026%$5.1M$6.3M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h234.19+0.013%$3.4M$16.4M25xas long as short
Gate NBIS_USDT0.0000%8h234.18+0.009%$2.8M$5.0M50xas long as short
Bitget NBISUSDTlong0.0000%8h234.16long leg$2.4M$4.5M20x
GRVT NBIS_USDT_Perp0.0000%8h234.07−0.037%$5K$128K10xas long as short
SunX NBIS-USDT0.0000%8h234.28+0.051%$944$1.7M10xas long as short
Deribit NBIS_USDC-PERPETUAL0.0000%1h234.11−0.021%$35K$48K10xas long as short
HTX NBIS-USDT0.0000%8h234.04−0.051%$15K$60K20xas long as short
Phemex NBISUSDT0.0000%8h234.160.000%$1.6M$972K10xas long as short
QFEX NBIS-USD+0.0024%1h234.18+0.009%$1.5M$4.5M10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus NBIS-USD+0.0040%1h234.08−0.034%$42K$132K5xas long as short
Vest NBIS-USD-PERP+0.0046%1h234.35+0.081%$215K5xas long as short
Polymarket Perps NBIS-USD+0.0050%1h234.13−0.013%$149K$453K10xas long as short
SoDEX NBIS-USD+0.0050%1h234.15−0.004%$61$20K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h233.96−0.085%$164K$498K10xas long as short
tradeXYZ xyz:NBISshort+0.0063%1h234.12−0.017%$54.7M$20.0M10x
Nado NBIS-PERP+0.0067%1h234.17+0.005%$67K$95K3xas long as short
Kraken Futures PF_NBISUSD+0.0096%1h234.02−0.059%$24K$15K20xas long as short
KuCoin NBISUSDTM+0.0100%8h234.17+0.004%$483K$21K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h234.17+0.004%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h234.16+0.002%10xas long as short
Coinbase International NBIS-PERP-INTX+0.0112%1h233.89−0.115%$383K$714K10xas long as short
Variational Omni NBIS+0.0174%8h234.17+0.005%$2.8M$571Kas long as short
Aster NBISUSDT+0.0189%8h234.34+0.079%$81K$314K50xas long as short
Binance NBISUSDT+0.0206%8h234.15−0.003%$19.2M$84.8M25xas long as short
Extended NBIS-USD+0.0208%1h234.13−0.015%$147K$699K10xas long as short
Lighter NBIS+0.0232%1h234.21+0.021%$904K$4.4M10xas long as short
Phoenix NBIS+0.0306%1h234.27+0.047%$7K$152K10xas long as short
Entropy io:NBIS+0.0409%1h234.20+0.017%$10.2M$3.3M10xas long as short
edgeX NBISUSDC+0.0978%4h234.03−0.056%$38K$227K10xas long as short