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

NBIS

RWAall NBIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0017%/8h= +1.9% APRnext payment +$0.17 per $10,000 · paid last 24h −0.026%
Price spread now: Bitget against BloFin+0.034%7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$540.539% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.070%+$7 on $10k
Price spread, last 3 days (all we have)+0.064%+$6 · spread now +0.034%, 7d avg −0.014%
Together, before fees+0.134%+$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bitget is 0.048% dearer against BloFin than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.014%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin NBIS-USDT233.25−0.0017get 0.0017% / 8h2h 08m$205K$216K20x
ShortBitget NBISUSDT233.330get 0.0000% / 8h2h 08m$2.5M$4.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BloFin. 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
$3.64
Price spread: +0.034% → −0.014%
$4.8
Slippage, 4 orders
−$29.91
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$45.46
Costs to cover
0.539%
Break-even
94.4 days
Slippage from BloFin: live order book, 6 min ago; Bitget: live order book, 9 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 BloFin live order book, 6 min ago0.43 bp8.7 bp −$925.2 bp −$252doesn't fitdoesn't fit
Sell Bitget live order book, 9 min ago2.79 bp18.8 bp −$1929.3 bp −$29345.7 bp −$4,571doesn'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
Deribit NBIS_USDC-PERPETUAL−0.0350%1h233.15−0.043%$35K$67K10xas long as short
BloFin NBIS-USDTlong−0.0017%8h233.25long leg$205K$216K20x
Aster NBISUSDT0.0000%8h233.33+0.036%$79K$304K50xas long as short
Extended NBIS-USD0.0000%1h233.21−0.019%$141K$697K10xas long as short
Binance NBISUSDT0.0000%8h233.23−0.009%$19.4M$87.1M25xas long as short
Bybit NBISUSDT0.0000%8h233.16−0.039%$5.1M$6.7M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h233.14−0.047%$3.4M$17.0M25xas long as short
Gate NBIS_USDT0.0000%8h233.21−0.017%$2.9M$5.3M50xas long as short
Bitget NBISUSDTshort0.0000%8h233.33+0.034%$2.5M$4.7M20x
Variational Omni NBIS0.0000%8h233.30+0.021%$2.8M$945Kas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX NBIS-USDT0.0000%8h233.24−0.004%$431$1.8M10xas long as short
HTX NBIS-USDT0.0000%8h233.40+0.064%$15K$115K20xas long as short
Phemex NBISUSDT0.0000%8h233.24−0.004%$1.6M$964K10xas long as short
GRVT NBIS_USDT_Perp+0.0002%8h233.31+0.025%$5K$147K10xas long as short
QFEX NBIS-USD+0.0033%1h233.27+0.009%$1.5M$5.1M10xas long as short
Arcus NBIS-USD+0.0040%1h233.27+0.009%$44K$134K5xas long as short
Vest NBIS-USD-PERP+0.0046%1h233.45+0.086%$234K5xas long as short
Polymarket Perps NBIS-USD+0.0050%1h233.30+0.021%$130K$588K10xas long as short
SoDEX NBIS-USD+0.0050%1h233.21−0.017%$70$20K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h233.19−0.026%$180K$514K10xas long as short
Kraken Futures PF_NBISUSD+0.0056%1h233.11−0.059%$24K$13K20xas long as short
edgeX NBISUSDC+0.0061%4h233.28+0.015%$37K$233K10xas long as short
Lighter NBIS+0.0096%1h233.22−0.013%$935K$4.6M10xas long as short
KuCoin NBISUSDTM+0.0100%8h233.07−0.077%$480K$25K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h233.250.000%$2K$4K10xas long as short
Aevo NBIS-PERP+0.0104%1h233.22−0.013%10xas long as short
Coinbase International NBIS-PERP-INTX+0.0136%1h232.99−0.111%$355K$704K10xas long as short
tradeXYZ xyz:NBIS+0.0174%1h233.29+0.017%$54.4M$23.5M10xas long as short
Entropy io:NBIS+0.0175%1h233.27+0.009%$10.2M$3.3M10xas long as short
Nado NBIS-PERP+0.0181%1h233.24−0.003%$28K$65K3xas long as short
Phoenix NBIS+0.0276%1h233.41+0.069%$7K$185K10xas long as short