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

NBIS

RWAall NBIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h 0.000%
Price spread now: Polymarket Perps against Extended+0.010%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$370.367% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.011%−$1 on $10k
Price spread, last 4 days (all we have)+0.067%+$7 · spread now +0.010%, 7d avg +0.030%
Together, before fees+0.057%+ Points / potential airdropExtended: Active · farm board+$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.030%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended NBIS-USD231.290get 0.0000% / 1h55m 06s$146K$753K10x
ShortPolymarket Perps NBIS-USD231.310.0050get 0.0006% / 1h55m 06s$137K$473K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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

Funding earned
$10.5
Price spread: +0.010% → +0.030%
−$1.98
Slippage, 4 orders
−$23.67
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$28.16
Costs to cover
0.367%
Break-even
25.8 days
Slippage from Extended: live order book, 53 min ago; Polymarket Perps: live order book, 52 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 Extended live order book, 53 min ago1.94 bp11.8 bp −$12141.4 bp −$1,414doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 52 min ago1.73 bp5.7 bp −$67.3 bp −$7327.0 bp −$2,700doesn'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−0.0383%8h231.42+0.057%$2.3M$4.5M20xas long as short
Aster NBISUSDT0.0000%8h231.21−0.033%$84K$311K50xas long as short
Extended NBIS-USDlong0.0000%1h231.29long leg$146K$753K10x
Binance NBISUSDT0.0000%8h231.31+0.010%$18.6M$87.1M25xas long as short
Bybit NBISUSDT0.0000%8h231.36+0.031%$4.9M$6.5M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h231.32+0.014%$3.3M$16.2M25xas long as short
Gate NBIS_USDT0.0000%8h231.37+0.036%$2.7M$5.1M50xas long as short
Variational Omni NBIS0.0000%8h231.22−0.027%$2.8M$602Kas long as short
GRVT NBIS_USDT_Perp0.0000%8h231.54+0.108%$5K$116K10xas long as short
SunX NBIS-USDT0.0000%8h232.02+0.317%$1K$1.6M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX NBIS-USDT0.0000%8h231.79+0.217%$15K$61K20xas long as short
Phemex NBISUSDT0.0000%8h231.40+0.049%$1.6M$959K10xas long as short
BloFin NBIS-USDT0.0000%8h231.38+0.040%$203K$206K20xas long as short
Arcus NBIS-USD+0.0040%1h231.50+0.092%$42K$132K5xas long as short
Vest NBIS-USD-PERP+0.0046%1h231.30+0.006%$220K5xas long as short
Polymarket Perps NBIS-USDshort+0.0050%1h231.31+0.010%$137K$473K10x
SoDEX NBIS-USD+0.0050%1h231.34+0.023%$79$20K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h231.66+0.161%$151K$548K10xas long as short
QFEX NBIS-USD+0.0056%1h231.38+0.040%$1.5M$3.9M10xas long as short
KuCoin NBISUSDTM+0.0100%8h231.19−0.042%$476K$20K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h231.34+0.023%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h231.31+0.011%10xas long as short
Coinbase International NBIS-PERP-INTX+0.0120%1h232.18+0.386%$352K$816K10xas long as short
Nado NBIS-PERP+0.0143%1h231.19−0.040%$38K$115K3xas long as short
edgeX NBISUSDC+0.0170%4h231.80+0.223%$37K$225K10xas long as short
tradeXYZ xyz:NBIS+0.0225%1h231.28−0.003%$54.3M$21.1M10xas long as short
Phoenix NBIS+0.0242%1h231.70+0.178%$7K$150K10xas long as short
Lighter NBIS+0.0360%1h231.45+0.070%$940K$3.9M10xas long as short
Deribit NBIS_USDC-PERPETUAL+0.0399%1h231.30+0.006%$34K$49K10xas long as short
Entropy io:NBIS+0.0562%1h231.50+0.092%$10.1M$3.2M10xas long as short
Kraken Futures PF_NBISUSD+0.0683%1h231.23−0.023%$23K$15K20xas long as short