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+0.0817%/8h= +89.5% APRpaid last 24h +0.144%
Price spread now: edgeX against Bybit+0.120%111s7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs+$7as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$650.647% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.716%+$72 on $10k
Price spread, last 4 days (all we have)−0.007%−$1 · spread now +0.120%, 7d avg 0.000%
Together, before fees+0.708%+ Points / potential airdropedgeX: Active · farm board+$71 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and edgeX is 0.120% dearer against Bybit than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of 0.000%. The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit NBISUSDT230.340get 0.0000% / 8h2h 27m$4.9M$6.4M50x
ShortedgeX NBISUSDC230.620.0817get 0.0408% / 4h2h 27m$37K$227K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$171.55
Price spread: +0.120% → 0.000%
$11.96
Slippage, 4 orders
−$44.7
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$118.81
Costs to cover
0.647%
Break-even
2.2 days
Slippage from Bybit: live order book, 5 min ago; edgeX: live order book, 19 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 ago0.65 bp14.2 bp −$1468.0 bp −$680doesn't fitdoesn't fit
Sell edgeX live order book, 19 min ago5.60 bp16.4 bp −$16doesn'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
Bitget NBISUSDT−0.0420%8h230.48+0.061%$2.3M$4.6M20xas long as short
BloFin NBIS-USDT−0.0024%8h231.08+0.321%$206K$205K20xas long as short
Deribit NBIS_USDC-PERPETUAL−0.0010%1h230.30−0.017%$34K$49K10xas long as short
Aster NBISUSDT0.0000%8h230.45+0.047%$84K$311K50xas long as short
Extended NBIS-USD0.0000%1h230.32−0.010%$144K$753K10xas long as short
Binance NBISUSDT0.0000%8h230.36+0.010%$18.4M$86.5M25xas long as short
Bybit NBISUSDTlong0.0000%8h230.34long leg$4.9M$6.4M50x
OKX NBIS-USDT-SWAP0.0000%8h230.39+0.022%$3.3M$16.0M25xas long as short
Gate NBIS_USDT0.0000%8h230.44+0.043%$2.7M$5.1M50xas long as short
Variational Omni NBIS0.0000%8h230.59+0.108%$2.9M$555Kas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT NBIS_USDT_Perp0.0000%8h230.62+0.122%$5K$118K10xas long as short
SunX NBIS-USDT0.0000%8h230.61+0.117%$759$1.6M10xas long as short
HTX NBIS-USDT0.0000%8h230.89+0.239%$15K$61K20xas long as short
Phemex NBISUSDT0.0000%8h230.43+0.039%$1.6M$955K10xas long as short
Nado NBIS-PERP+0.0009%1h230.57+0.099%$37K$115K3xas long as short
QFEX NBIS-USD+0.0029%1h230.49+0.065%$1.5M$3.9M10xas long as short
Arcus NBIS-USD+0.0040%1h230.66+0.139%$42K$132K5xas long as short
Vest NBIS-USD-PERP+0.0046%1h230.55+0.091%$219K5xas long as short
Polymarket Perps NBIS-USD+0.0050%1h230.40+0.026%$137K$473K10xas long as short
SoDEX NBIS-USD+0.0050%1h230.43+0.039%$92$20K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h230.75+0.178%$159K$531K10xas long as short
tradeXYZ xyz:NBIS+0.0057%1h230.33−0.004%$53.5M$20.5M10xas long as short
KuCoin NBISUSDTM+0.0100%8h230.45+0.048%$475K$20K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h230.43+0.039%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h230.40+0.025%10xas long as short
Coinbase International NBIS-PERP-INTX+0.0168%1h230.62+0.122%$353K$792K10xas long as short
Lighter NBIS+0.0208%1h230.39+0.022%$915K$3.9M10xas long as short
Kraken Futures PF_NBISUSD+0.0224%1h230.31−0.012%$23K$15K20xas long as short
Phoenix NBIS+0.0242%1h230.78+0.191%$7K$150K10xas long as short
Entropy io:NBIS+0.0296%1h230.56+0.096%$10.0M$3.2M10xas long as short
edgeX NBISUSDCshort+0.0817%4h230.62+0.120%$37K$227K10x