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 −0.051%
Price spread now: HTX against Bybit−0.030%7-day average +0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$470.472% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.144%−$14 on $10k
Price spread, last 3 days (all we have)+0.010%+$1 · spread now −0.030%, 7d avg +0.021%
Together, before fees−0.134%−$13 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: HTX is 0.051% cheaper against Bybit than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.021%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit NBISUSDT234.440get 0.0000% / 8h44m 43s$5.2M$6.5M50x
ShortHTX NBIS-USDT234.370get 0.0000% / 8h44m 43s$15K$115K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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: −0.030% → +0.021%
−$5.13
Slippage, 4 orders
−$24.24
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee HTX: 6 bp × 2 orders
−$12
Net
−$52.37
Costs to cover
0.472%
Break-even
never at this rate
Slippage from Bybit: live order book, 3 min ago; HTX: live order book, 31 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, 3 min ago1.92 bp13.1 bp −$1378.7 bp −$787doesn't fitdoesn't fit
Sell HTX live order book, 31 min ago0.86 bp10.6 bp −$1122.1 bp −$221doesn'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
Bybit NBISUSDTlong0.0000%8h234.44long leg$5.2M$6.5M50x
OKX NBIS-USDT-SWAP0.0000%8h234.37−0.030%$3.4M$17.0M25xas long as short
Gate NBIS_USDT0.0000%8h234.39−0.021%$2.8M$5.3M50xas long as short
Bitget NBISUSDT0.0000%8h234.32−0.051%$2.5M$4.8M20xas long as short
SunX NBIS-USDT0.0000%8h234.34−0.043%$874$1.8M10xas long as short
Deribit NBIS_USDC-PERPETUAL0.0000%1h234.29−0.064%$35K$48K10xas long as short
Coinbase International NBIS-PERP-INTX0.0000%1h233.76−0.290%$358K$699K10xas long as short
HTX NBIS-USDTshort0.0000%8h234.37−0.030%$15K$115K20x
Phemex NBISUSDT0.0000%8h234.39−0.021%$1.6M$967K10xas long as short
Vest NBIS-USD-PERP+0.0046%1h234.55+0.047%$234K5xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps NBIS-USD+0.0050%1h234.43−0.004%$147K$706K10xas long as short
SoDEX NBIS-USD+0.0050%1h234.37−0.030%$33$20K10xas long as short
QFEX NBIS-USD+0.0051%1h234.35−0.038%$1.5M$5.1M10xas long as short
KuCoin NBISUSDTM+0.0100%8h234.20−0.102%$483K$25K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h234.42−0.009%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h234.43−0.003%10xas long as short
Variational Omni NBIS+0.0202%8h234.45+0.005%$2.9M$821Kas long as short
Aster NBISUSDT+0.0227%8h234.32−0.051%$79K$306K50xas long as short
Nado NBIS-PERP+0.0228%1h234.35−0.040%$28K$63K3xas long as short
BloFin NBIS-USDT+0.0234%8h234.48+0.017%$206K$214K20xas long as short
Extended NBIS-USD+0.0240%1h234.31−0.056%$142K$697K10xas long as short
Binance NBISUSDT+0.0240%8h234.37−0.030%$19.4M$86.3M25xas long as short
Kraken Futures PF_NBISUSD+0.0249%1h234.20−0.101%$24K$13K20xas long as short
GRVT NBIS_USDT_Perp+0.0261%8h234.41−0.013%$5K$139K10xas long as short
Arcus NBIS-USD+0.0269%1h234.43−0.004%$44K$134K5xas long as short
tradeXYZ xyz:NBIS+0.0292%1h234.41−0.013%$54.7M$23.3M10xas long as short
edgeX NBISUSDC+0.0320%4h234.32−0.053%$38K$235K10xas long as short
Lighter NBIS+0.0360%1h234.50+0.026%$931K$4.6M10xas long as short
Ondo Perps NBIS-USD.P+0.0367%1h234.33−0.047%$174K$498K10xas long as short
Phoenix NBIS+0.0376%1h234.42−0.009%$7K$163K10xas long as short
Entropy io:NBIS+0.0501%1h234.40−0.017%$10.2M$3.3M10xas long as short