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+0.0093%/8h= +10.2% APRnext payment +$0.93 per $10,000 · paid last 24h +0.002%
Price spread now: KuCoin against BloFin+0.082%110s7-day average −0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$162as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1681.683% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.062%+$6 on $10k
Price spread, last 4 days (all we have)−0.065%−$7 · spread now +0.082%, 7d avg −0.074%
Together, before fees−0.004%$0 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.155% dearer against BloFin than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.074%. The two prices were read 110 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin NBIS-USDT232.950.0007pay 0.0007% / 8h3h 15m$206K$205K20x
ShortKuCoin NBISUSDTM233.140.0100get 0.0100% / 8h3h 15m$481K$20K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$19.47
Price spread: +0.082% → −0.074%
$15.53
Slippage, 4 orders
−$144.33
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$133.33
Costs to cover
1.683%
Break-even
54.9 days
Slippage from BloFin: live order book, 5 min ago; KuCoin: live order book, 58 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, 5 min ago0.21 bp10.1 bp −$1013.8 bp −$138doesn't fitdoesn't fit
Sell KuCoin live order book, 58 min ago18.93 bp72.6 bp −$73doesn't fitdoesn'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
Aster NBISUSDT0.0000%8h233.31+0.157%$78K$310K50xas long as short
Extended NBIS-USD0.0000%1h233.14+0.084%$146K$648K10xas long as short
Binance NBISUSDT0.0000%8h233.31+0.154%$19.1M$85.1M25xas long as short
Bybit NBISUSDT0.0000%8h233.34+0.167%$5.0M$6.3M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h233.21+0.112%$3.4M$16.1M25xas long as short
Gate NBIS_USDT0.0000%8h233.24+0.124%$2.7M$5.1M50xas long as short
Bitget NBISUSDT0.0000%8h233.33+0.163%$2.3M$4.5M20xas long as short
Variational Omni NBIS0.0000%8h233.10+0.066%$2.9M$552Kas long as short
GRVT NBIS_USDT_Perp0.0000%8h232.98+0.012%$5K$120K10xas long as short
SunX NBIS-USDT0.0000%8h233.01+0.026%$1K$1.6M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX NBIS-USDT0.0000%8h233.51+0.240%$15K$60K20xas long as short
Phemex NBISUSDT0.0000%8h233.06+0.047%$1.6M$954K10xas long as short
BloFin NBIS-USDTlong+0.0007%8h232.95long leg$206K$205K20x
Nado NBIS-PERP+0.0020%1h233.11+0.070%$38K$115K3xas long as short
QFEX NBIS-USD+0.0034%1h233.21+0.112%$1.5M$4.0M10xas long as short
Arcus NBIS-USD+0.0040%1h232.98+0.013%$42K$132K5xas long as short
Vest NBIS-USD-PERP+0.0046%1h233.38+0.185%$216K5xas long as short
Kraken Futures PF_NBISUSD+0.0049%1h233.17+0.093%$23K$15K20xas long as short
tradeXYZ xyz:NBIS+0.0050%1h233.30+0.150%$54.4M$20.1M10xas long as short
Polymarket Perps NBIS-USD+0.0050%1h233.23+0.120%$147K$456K10xas long as short
SoDEX NBIS-USD+0.0050%1h232.96+0.004%$103$21K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h233.01+0.026%$160K$500K10xas long as short
KuCoin NBISUSDTMshort+0.0100%8h233.14+0.082%$481K$20K20x
Orderly PERP_NBIS_USDC_mythos+0.0100%8h233.24+0.124%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h232.96+0.002%10xas long as short
Coinbase International NBIS-PERP-INTX+0.0104%1h232.88−0.030%$361K$767K10xas long as short
edgeX NBISUSDC+0.0114%4h232.90−0.020%$37K$227K10xas long as short
Deribit NBIS_USDC-PERPETUAL+0.0179%1h233.03+0.034%$35K$49K10xas long as short
Lighter NBIS+0.0224%1h233.34+0.167%$925K$4.0M10xas long as short
Phoenix NBIS+0.0239%1h232.87−0.034%$7K$150K10xas long as short
Entropy io:NBIS+0.0296%1h233.14+0.082%$10.1M$3.2M10xas long as short