Funding arb · Price arb /

NBIS

RWAall NBIS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.058%

Price spread now: Bitget against Gate−0.021%7-day average −0.014% · you buy dearer than you sell

Net, funding: paid 7d − costs−$60as in the Funding arb table

Net, price: spread back to 7d avg − costs−$64as in the Price arb table

costs, in and out, $10k−$630.632% of the position

Long on Gate Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.030%+$3 on $10k

Price spread, last 7 days−0.016%−$2 · spread now −0.021%, 7d avg −0.014%

Together, before fees+0.014%+$1 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate NBIS_USDT	235.29	0	get 0.0000% / 8h	4h 49m	$2.8M	$5.0M	50x
Short	Bitget NBISUSDT	235.24	0	get 0.0000% / 8h	4h 49m	$2.4M	$4.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Gate. 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 GatebpFee BitgetbpOrdersPrice spread, now −0.021%Rate

Funding earned: $0
Price spread: −0.021% → −0.014%: −$0.71
Slippage, 4 orders: −$36.16
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$63.87
Costs to cover: 0.632%
Break-even: never at this rate

Slippage from Gate: live order book, 4 min ago; Bitget: live order book, 3 min ago.

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 Gate live order book, 4 min ago	1.91 bp	13.0 bp −$13	28.3 bp −$283	55.0 bp −$5,500	doesn't fit
Sell Bitget live order book, 3 min ago	1.49 bp	16.5 bp −$17	30.3 bp −$303	54.6 bp −$5,455	doesn't fit

NBIS on 31 venues

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
Nado NBIS-PERP	−0.0201%	1h	235.27	−0.008%	$64K	$101K	3x	as long as short
Bybit NBISUSDT	0.0000%	8h	235.30	+0.004%	$5.1M	$6.2M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	235.23	−0.026%	$3.4M	$16.2M	25x	as long as short
Gate NBIS_USDTlong	0.0000%	8h	235.29	long leg	$2.8M	$5.0M	50x
Bitget NBISUSDTshort	0.0000%	8h	235.24	−0.021%	$2.4M	$4.4M	20x
GRVT NBIS_USDT_Perp	0.0000%	8h	235.42	+0.056%	$5K	$119K	10x	as long as short
SunX NBIS-USDT	0.0000%	8h	235.28	−0.004%	$1K	$1.7M	10x	as long as short
Deribit NBIS_USDC-PERPETUAL	0.0000%	1h	235.28	−0.004%	$35K	$48K	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	235.51	+0.094%	$15K	$60K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	235.31	+0.009%	$1.6M	$958K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX NBIS-USD	+0.0038%	1h	235.14	−0.064%	$1.5M	$4.2M	10x	as long as short
Arcus NBIS-USD	+0.0040%	1h	235.26	−0.013%	$43K	$132K	5x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	235.52	+0.098%	—	$216K	5x	as long as short
Variational Omni NBIS	+0.0047%	8h	235.32	+0.014%	$2.9M	$578K	—	as long as short
tradeXYZ xyz:NBIS	+0.0050%	1h	235.22	−0.030%	$55.1M	$19.7M	10x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	235.14	−0.064%	$149K	$453K	10x	as long as short
SoDEX NBIS-USD	+0.0050%	1h	235.24	−0.021%	$19	$21K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	235.46	+0.072%	$161K	$504K	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0056%	1h	235.35	+0.026%	$389K	$724K	10x	as long as short
Lighter NBIS	+0.0088%	1h	235.33	+0.017%	$898K	$4.0M	10x	as long as short
Aster NBISUSDT	+0.0093%	8h	235.48	+0.083%	$81K	$308K	50x	as long as short
Extended NBIS-USD	+0.0096%	1h	235.23	−0.025%	$147K	$702K	10x	as long as short
Binance NBISUSDT	+0.0096%	8h	235.28	−0.003%	$19.3M	$84.5M	25x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	235.16	−0.055%	$484K	$21K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	235.31	+0.009%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	235.28	−0.004%	—	—	10x	as long as short
BloFin NBIS-USDT	+0.0117%	8h	235.43	+0.060%	$208K	$205K	20x	as long as short
Phoenix NBIS	+0.0272%	1h	235.43	+0.060%	$7K	$150K	10x	as long as short
Entropy io:NBIS	+0.0452%	1h	235.36	+0.030%	$10.2M	$3.3M	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0477%	1h	235.13	−0.067%	$24K	$15K	20x	as long as short
edgeX NBISUSDC	+0.1000%	4h	235.40	+0.046%	$38K	$226K	10x	as long as short