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

NBIS

RWAall NBIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%
Price spread now: OKX against Bybit−0.039%7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$590.586% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.079%−$8 on $10k
Price spread, last 7 days+0.030%+$3 · spread now −0.039%, 7d avg +0.001%
Together, before fees−0.049%−$5 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: OKX is 0.040% cheaper against Bybit than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.001%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit NBISUSDT229.240get 0.0000% / 8h7h 43m$4.8M$6.6M50x
ShortOKX NBIS-USDT-SWAP229.150get 0.0000% / 8h7h 43m$3.2M$15.8M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.039% → +0.001%
−$3.98
Slippage, 4 orders
−$37.55
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee OKX: 5 bp × 2 orders
−$10
Net
−$62.53
Costs to cover
0.586%
Break-even
never at this rate
Slippage from Bybit: live order book, 5 min ago; OKX: 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 ago2.40 bp19.4 bp −$1970.1 bp −$701doesn't fitdoesn't fit
Sell OKX live order book, 5 min ago1.09 bp12.7 bp −$1337.3 bp −$373doesn'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−0.0301%8h229.20−0.017%$2.3M$4.5M20xas long as short
Deribit NBIS_USDC-PERPETUAL−0.0099%1h229.09−0.065%$34K$49K10xas long as short
BloFin NBIS-USDT−0.0028%8h229.39+0.065%$203K$213K20xas long as short
Coinbase International NBIS-PERP-INTX−0.0008%1h229.39+0.065%$355K$806K10xas long as short
Aster NBISUSDT0.0000%8h229.38+0.062%$83K$313K50xas long as short
Extended NBIS-USD0.0000%1h229.19−0.021%$147K$880K10xas long as short
Binance NBISUSDT0.0000%8h229.14−0.044%$18.6M$88.5M25xas long as short
Bybit NBISUSDTlong0.0000%8h229.24long leg$4.8M$6.6M50x
OKX NBIS-USDT-SWAPshort0.0000%8h229.15−0.039%$3.2M$15.8M25x
Gate NBIS_USDT0.0000%8h229.20−0.017%$2.7M$5.1M50xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni NBIS0.0000%8h229.08−0.071%$2.8M$576Kas long as short
GRVT NBIS_USDT_Perp0.0000%8h229.57+0.142%$4K$114K10xas long as short
SunX NBIS-USDT0.0000%8h229.53+0.127%$1K$1.6M10xas long as short
HTX NBIS-USDT0.0000%8h229.52+0.122%$15K$57K20xas long as short
Phemex NBISUSDT0.0000%8h229.27+0.013%$1.5M$972K10xas long as short
Arcus NBIS-USD+0.0040%1h229.31+0.031%$42K$124K5xas long as short
Vest NBIS-USD-PERP+0.0046%1h229.36+0.052%$224K5xas long as short
Polymarket Perps NBIS-USD+0.0050%1h229.35+0.048%$136K$466K10xas long as short
SoDEX NBIS-USD+0.0050%1h229.240.000%$64$20K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h229.44+0.087%$148K$539K10xas long as short
tradeXYZ xyz:NBIS+0.0052%1h229.07−0.074%$53.5M$21.4M10xas long as short
QFEX NBIS-USD+0.0064%1h229.42+0.079%$1.5M$3.7M10xas long as short
Nado NBIS-PERP+0.0078%1h229.40+0.072%$38K$116K3xas long as short
KuCoin NBISUSDTM+0.0100%8h229.31+0.031%$471K$52K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h229.23−0.004%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h229.240.000%10xas long as short
Lighter NBIS+0.0144%1h229.21−0.013%$920K$4.0M10xas long as short
Phoenix NBIS+0.0277%1h229.23−0.004%$7K$125K10xas long as short
Entropy io:NBIS+0.0376%1h229.53+0.127%$10.0M$3.1M10xas long as short
Kraken Futures PF_NBISUSD+0.0681%1h229.22−0.008%$22K$16K20xas long as short
edgeX NBISUSDC+0.0905%4h229.58+0.150%$37K$228K10xas long as short