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

NBIS

RWAall NBIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.031%
Price spread now: Bitget against Bybit−0.021%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$610.611% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.031%+$3 on $10k
Price spread, last 7 days+0.013%+$1 · spread now −0.021%, 7d avg +0.005%
Together, before fees+0.044%+$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.026% cheaper against Bybit than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit NBISUSDT234.390get 0.0000% / 8h48m 25s$5.2M$6.5M50x
ShortBitget NBISUSDT234.340get 0.0000% / 8h48m 25s$2.5M$4.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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
$0
Price spread: −0.021% → +0.005%
−$2.61
Slippage, 4 orders
−$38.09
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$63.7
Costs to cover
0.611%
Break-even
never at this rate
Slippage from Bybit: live order book, 5 min ago; Bitget: live order book, 5 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 Bybit live order book, 5 min ago1.92 bp13.5 bp −$1475.3 bp −$753doesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago1.71 bp16.8 bp −$1726.2 bp −$26242.9 bp −$4,288doesn'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
Bybit NBISUSDTlong0.0000%8h234.39long leg$5.2M$6.5M50x
OKX NBIS-USDT-SWAP0.0000%8h234.34−0.021%$3.4M$17.0M25xas long as short
Gate NBIS_USDT0.0000%8h234.38−0.004%$2.8M$5.3M50xas long as short
Bitget NBISUSDTshort0.0000%8h234.34−0.021%$2.5M$4.8M20x
SunX NBIS-USDT0.0000%8h234.37−0.009%$1K$1.8M10xas long as short
Coinbase International NBIS-PERP-INTX0.0000%1h233.76−0.269%$358K$699K10xas long as short
HTX NBIS-USDT0.0000%8h234.42+0.013%$15K$115K20xas long as short
Phemex NBISUSDT0.0000%8h234.32−0.030%$1.6M$967K10xas long as short
Vest NBIS-USD-PERP+0.0046%1h234.49+0.043%$234K5xas long as short
QFEX NBIS-USD+0.0051%1h234.32−0.030%$1.5M$5.1M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps NBIS-USD+0.0053%1h234.30−0.038%$146K$706K10xas long as short
SoDEX NBIS-USD+0.0089%1h234.32−0.030%$28$20K10xas long as short
KuCoin NBISUSDTM+0.0100%8h234.21−0.077%$483K$25K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h234.34−0.021%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h234.40+0.006%10xas long as short
Deribit NBIS_USDC-PERPETUAL+0.0177%1h234.29−0.043%$35K$48K10xas long as short
Variational Omni NBIS+0.0183%8h234.38−0.004%$2.9M$821Kas long as short
Aster NBISUSDT+0.0229%8h234.32−0.030%$79K$306K50xas long as short
BloFin NBIS-USDT+0.0231%8h234.45+0.026%$206K$214K20xas long as short
Nado NBIS-PERP+0.0232%1h234.17−0.095%$28K$63K3xas long as short
Extended NBIS-USD+0.0240%1h234.30−0.039%$142K$697K10xas long as short
Binance NBISUSDT+0.0242%8h234.34−0.021%$19.4M$86.3M25xas long as short
Kraken Futures PF_NBISUSD+0.0249%1h234.15−0.102%$24K$13K20xas long as short
GRVT NBIS_USDT_Perp+0.0253%8h234.42+0.013%$5K$139K10xas long as short
Arcus NBIS-USD+0.0269%1h234.29−0.043%$44K$134K5xas long as short
tradeXYZ xyz:NBIS+0.0297%1h234.35−0.017%$54.6M$23.3M10xas long as short
edgeX NBISUSDC+0.0344%4h234.390.000%$38K$235K10xas long as short
Lighter NBIS+0.0368%1h234.43+0.017%$932K$4.6M10xas long as short
Phoenix NBIS+0.0376%1h234.42+0.013%$7K$163K10xas long as short
Ondo Perps NBIS-USD.P+0.0469%1h234.390.000%$174K$498K10xas long as short
Entropy io:NBIS+0.0513%1h234.34−0.021%$10.2M$3.3M10xas long as short