Funding arb · Price arb /

NBIS

RWAall NBIS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0080%/8h= −8.8% APRnext payment −$0.10 per $10,000 · paid last 24h —

Price spread now: Aevo against Extended+0.050%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Extended Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

The price spread pays, funding is against you. Aevo is 0.050% dearer against Extended than usual: you sell high and buy low (spread +0.050% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended NBIS-USD	233.76	0.0184	pay 0.0023% / 1h	28m 27s	$146K	$847K	10x
Short	Aevo NBIS-PERP	233.87	0.0104	get 0.0013% / 1h	28m 27s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Extended. 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

Position, each leg$Hold fordaysFee ExtendedbpFee AevobpOrdersPrice spread, now +0.050%Rate

Funding earned: −$16.8
Price spread: +0.050% → 0.000%: $4.95
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$32.85
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: Extended: live order book, 18 min ago; Aevo: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Extended live order book, 18 min ago	2.57 bp	12.3 bp −$12	204.5 bp −$2,045	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

NBIS on 31 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX NBIS-USDT-SWAP	0.0000%	8h	233.79	+0.015%	$3.3M	$16.6M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	233.78	+0.011%	$2.8M	$5.0M	50x	as long as short
Bitget NBISUSDT	0.0000%	8h	233.81	+0.023%	$2.3M	$4.6M	20x	as long as short
SunX NBIS-USDT	0.0000%	8h	234.03	+0.117%	$1K	$1.4M	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	234.09	+0.143%	$13K	$62K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	233.87	+0.049%	$1.6M	$970K	10x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	234.04	+0.122%	—	$250K	5x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	233.31	−0.191%	$152K	$531K	10x	as long as short
QFEX NBIS-USD	+0.0058%	1h	233.85	+0.040%	$1.6M	$3.6M	10x	as long as short
Deribit NBIS_USDC-PERPETUAL	+0.0092%	1h	233.89	+0.058%	$35K	$49K	10x	as long as short

Show all 31 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin NBISUSDTM	+0.0100%	8h	233.58	−0.075%	$474K	$203K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	233.87	+0.049%	$2K	$3K	10x	as long as short
Aevo NBIS-PERPshort	+0.0104%	1h	233.87	+0.050%	—	—	10x
Coinbase International NBIS-PERP-INTX	+0.0104%	1h	234.06	+0.130%	$383K	$875K	10x	as long as short
Variational Omni NBIS	+0.0117%	8h	233.61	−0.064%	$2.9M	$637K	—	as long as short
Bybit NBISUSDT	+0.0117%	8h	233.89	+0.058%	$5.4M	$7.0M	50x	as long as short
Polymarket Perps NBIS-USD	+0.0131%	1h	233.85	+0.040%	$133K	$476K	10x	as long as short
Aster NBISUSDT	+0.0152%	8h	234.02	+0.114%	$81K	$314K	50x	as long as short
Extended NBIS-USDlong	+0.0184%	1h	233.76	long leg	$146K	$847K	10x
Binance NBISUSDT	+0.0188%	8h	233.83	+0.030%	$20.6M	$91.4M	25x	as long as short
Nado NBIS-PERP	+0.0194%	1h	233.70	−0.025%	$38K	$85K	3x	as long as short
BloFin NBIS-USDT	+0.0209%	8h	233.93	+0.075%	$209K	$217K	20x	as long as short
SoDEX NBIS-USD	+0.0236%	1h	233.94	+0.079%	$84	$19K	10x	as long as short
edgeX NBISUSDC	+0.0298%	4h	233.63	−0.056%	$31K	$234K	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0370%	1h	233.63	−0.054%	$22K	$11K	20x	as long as short
Phoenix NBIS	+0.0377%	1h	234.06	+0.130%	$7K	$127K	10x	as long as short
Lighter NBIS	+0.0400%	1h	233.97	+0.092%	$949K	$3.8M	10x	as long as short
Arcus NBIS-USD	+0.0413%	1h	233.83	+0.032%	$42K	$119K	5x	as long as short
tradeXYZ xyz:NBIS	+0.0416%	1h	233.82	+0.028%	$55.5M	$18.8M	10x	as long as short
GRVT NBIS_USDT_Perp	+0.0452%	8h	233.66	−0.041%	$5K	$101K	10x	as long as short
Entropy io:NBIS	+0.0736%	1h	233.73	−0.011%	$10.2M	$3.0M	10x	as long as short