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−0.0046%/8h= −5.1% APRnext payment $0.46 per $10,000 · paid last 24h −0.073%
Price spread now: SunX against BloFin−0.021%55s7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$160as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1471.466% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.132%−$13 on $10k
Price spread, last 3 days (all we have)+0.017%+$2 · spread now −0.021%, 7d avg −0.015%
Together, before fees−0.115%−$11 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.015%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin NBIS-USDT233.300.0046pay 0.0046% / 8h1h 47m$205K$216K20x
ShortSunX NBIS-USDT233.250get 0.0000% / 8h1h 47m$966$1.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$9.69
Price spread: −0.021% → −0.015%
−$0.68
Slippage, 4 orders
−$126.57
Fee BloFin: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$156.93
Costs to cover
1.466%
Break-even
never at this rate
Slippage from BloFin: live order book, 27 min ago; SunX: live order book, 8 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, 27 min ago0.43 bp8.7 bp −$925.2 bp −$252doesn't fitdoesn't fit
Sell SunX live order book, 8 min ago45.02 bp64.1 bp −$64doesn'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
Deribit NBIS_USDC-PERPETUAL−0.0007%1h233.18−0.051%$35K$47K10xas long as short
Bybit NBISUSDT0.0000%8h233.23−0.030%$5.1M$6.5M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h233.12−0.077%$3.4M$17.0M25xas long as short
Gate NBIS_USDT0.0000%8h233.21−0.039%$2.8M$5.3M50xas long as short
Bitget NBISUSDT0.0000%8h233.21−0.039%$2.5M$4.7M20xas long as short
Variational Omni NBIS0.0000%8h233.27−0.013%$2.8M$945Kas long as short
SunX NBIS-USDTshort0.0000%8h233.25−0.021%$966$1.8M10x
HTX NBIS-USDT0.0000%8h233.36+0.026%$15K$115K20xas long as short
Phemex NBISUSDT0.0000%8h233.21−0.039%$1.6M$966K10xas long as short
Binance NBISUSDT+0.0021%8h233.26−0.018%$19.4M$86.9M25xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NBISUSDT+0.0023%8h233.48+0.079%$79K$304K50xas long as short
Extended NBIS-USD+0.0024%1h233.22−0.036%$141K$697K10xas long as short
QFEX NBIS-USD+0.0038%1h233.24−0.026%$1.5M$5.1M10xas long as short
GRVT NBIS_USDT_Perp+0.0039%8h233.25−0.020%$5K$147K10xas long as short
Arcus NBIS-USD+0.0040%1h233.300.000%$44K$133K5xas long as short
Vest NBIS-USD-PERP+0.0046%1h233.31+0.004%$234K5xas long as short
BloFin NBIS-USDTlong+0.0046%8h233.30long leg$205K$216K20x
SoDEX NBIS-USD+0.0050%1h233.19−0.047%$33$20K10xas long as short
Polymarket Perps NBIS-USD+0.0066%1h233.29−0.004%$136K$645K10xas long as short
Coinbase International NBIS-PERP-INTX+0.0072%1h232.99−0.133%$356K$702K10xas long as short
KuCoin NBISUSDTM+0.0100%8h233.12−0.077%$480K$25K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h233.20−0.043%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h233.22−0.036%10xas long as short
Ondo Perps NBIS-USD.P+0.0119%1h233.27−0.013%$173K$498K10xas long as short
Entropy io:NBIS+0.0297%1h233.24−0.026%$10.2M$3.3M10xas long as short
Nado NBIS-PERP+0.0297%1h233.26−0.019%$28K$63K3xas long as short
tradeXYZ xyz:NBIS+0.0301%1h233.27−0.013%$54.4M$23.5M10xas long as short
Phoenix NBIS+0.0343%1h233.31+0.004%$7K$185K10xas long as short
Kraken Futures PF_NBISUSD+0.0347%1h233.12−0.078%$24K$13K20xas long as short
Lighter NBIS+0.0352%1h233.28−0.009%$934K$4.6M10xas long as short
edgeX NBISUSDC+0.0602%4h233.27−0.014%$37K$234K10xas long as short