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

NBIS

RWAall NBIS markets
SwapBacktest
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: SunX against Gate+0.047%7-day average −0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$187as in the Funding arb table
Net, price: spread back to 7d avg − costs−$166as in the Price arb table
costs, in and out, $10k−$1731.733% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.141%−$14 on $10k
Price spread, last 3 days (all we have)−0.096%−$10 · spread now +0.047%, 7d avg −0.026%
Together, before fees−0.237%−$24 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: SunX is 0.073% dearer against Gate than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.026%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate NBIS_USDT235.360get 0.0000% / 8h7h 35m$2.8M$5.1M50x
ShortSunX NBIS-USDT235.470get 0.0000% / 8h7h 35m$1K$1.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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

Funding earned
$0
Price spread: +0.047% → −0.026%
$7.27
Slippage, 4 orders
−$150.34
Fee Gate: 7.5 bp × 2 orders
−$15
Fee SunX: 4 bp × 2 orders
−$8
Net
−$166.07
Costs to cover
1.733%
Break-even
never at this rate
Slippage from Gate: live order book, 3 min ago; SunX: live order book, 10 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 Gate live order book, 3 min ago2.76 bp25.5 bp −$2535.1 bp −$35162.0 bp −$6,203doesn't fit
Sell SunX live order book, 10 min ago45.11 bp64.1 bp −$64doesn't fitdoesn'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
Kraken Futures PF_NBISUSD−0.0179%1h235.26−0.042%$24K$15K20xas long as short
OKX NBIS-USDT-SWAP0.0000%8h235.29−0.030%$3.4M$16.8M25xas long as short
Gate NBIS_USDTlong0.0000%8h235.36long leg$2.8M$5.1M50x
SunX NBIS-USDTshort0.0000%8h235.47+0.047%$1K$1.7M10x
Deribit NBIS_USDC-PERPETUAL0.0000%1h235.20−0.068%$35K$48K10xas long as short
HTX NBIS-USDT0.0000%8h235.54+0.076%$15K$112K20xas long as short
Phemex NBISUSDT0.0000%8h235.41+0.021%$1.6M$973K10xas long as short
Coinbase International NBIS-PERP-INTX+0.0016%1h236.05+0.293%$386K$739K10xas long as short
QFEX NBIS-USD+0.0038%1h235.40+0.017%$1.5M$5.0M10xas long as short
Bitget NBISUSDT+0.0042%8h235.360.000%$2.5M$4.7M20xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest NBIS-USD-PERP+0.0046%1h235.63+0.115%$224K5xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h235.41+0.021%$175K$505K10xas long as short
Bybit NBISUSDT+0.0094%8h235.39+0.013%$5.1M$6.5M50xas long as short
KuCoin NBISUSDTM+0.0100%8h235.23−0.055%$485K$23K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h235.39+0.013%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h235.360.000%10xas long as short
SoDEX NBIS-USD+0.0143%1h235.33−0.013%$38$20K10xas long as short
Nado NBIS-PERP+0.0177%1h235.25−0.048%$29K$63K3xas long as short
Variational Omni NBIS+0.0225%8h235.53+0.072%$2.9M$820Kas long as short
Aster NBISUSDT+0.0234%8h235.62+0.111%$81K$308K50xas long as short
BloFin NBIS-USDT+0.0249%8h235.50+0.059%$207K$212K20xas long as short
Binance NBISUSDT+0.0256%8h235.37+0.004%$19.5M$85.7M25xas long as short
Extended NBIS-USD+0.0256%1h235.30−0.024%$147K$975K10xas long as short
Lighter NBIS+0.0288%1h235.42+0.025%$926K$4.5M10xas long as short
Arcus NBIS-USD+0.0366%1h235.51+0.064%$44K$132K5xas long as short
GRVT NBIS_USDT_Perp+0.0368%8h235.42+0.027%$5K$136K10xas long as short
Phoenix NBIS+0.0409%1h235.75+0.166%$7K$163K10xas long as short
Polymarket Perps NBIS-USD+0.0428%1h235.360.000%$135K$433K10xas long as short
tradeXYZ xyz:NBIS+0.0537%1h235.30−0.025%$55.0M$23.6M10xas long as short
edgeX NBISUSDC+0.0863%4h235.35−0.004%$38K$228K10xas long as short
Entropy io:NBIS+0.0896%1h235.54+0.076%$10.3M$3.4M10xas long as short