Funding arb · Price arb /

NBIS

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h −0.053%

Price spread now: Vest against Gate+0.072%7-day average +0.464% · you sell dearer than you buy

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

Long on Gate Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.025%+$2 on $10k

Price spread, last 3 days (all we have)+0.005%+$1 · spread now +0.072%, 7d avg +0.464%

Together, before fees+0.030%+ Points / potential airdropVest: Active · farm board+$3 on $10k · with fees, hour by hour

Funding pays, the price is against you. Vest is 0.392% cheaper against Gate than usual: you would sell low and buy high (spread +0.072% now, against its 7-day average of +0.464%). If the spread goes back, that is −$39 on $10k: about 29 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate NBIS_USDT	234.83	0	get 0.0000% / 8h	22m 05s	$2.8M	$5.3M	50x
Short	Vest NBIS-USD-PERP	235.00	0.0046	get 0.0006% / 1h	22m 05s	—	$234K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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 VestbpOrdersPrice spread, now +0.072%Rate

Funding earned: $9.59
Price spread: +0.072% → +0.464%: −$39.18
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Vest: 1 bp × 2 orders: −$2
Net: −$46.59
Costs to cover: 0.170%
Break-even: 41.0 days

Slippage unknown: Gate: live order book, 1 min ago; Vest: 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 Gate live order book, 1 min ago	2.56 bp	13.1 bp −$13	26.0 bp −$260	53.1 bp −$5,313	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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 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
Bybit NBISUSDT	0.0000%	8h	234.80	−0.013%	$5.2M	$6.5M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	234.92	+0.038%	$3.4M	$17.1M	25x	as long as short
Gate NBIS_USDTlong	0.0000%	8h	234.83	long leg	$2.8M	$5.3M	50x
Bitget NBISUSDT	0.0000%	8h	234.87	+0.017%	$2.5M	$4.8M	20x	as long as short
SunX NBIS-USDT	0.0000%	8h	234.78	−0.021%	$1K	$1.8M	10x	as long as short
Deribit NBIS_USDC-PERPETUAL	0.0000%	1h	234.70	−0.055%	$35K	$48K	10x	as long as short
Coinbase International NBIS-PERP-INTX	0.0000%	1h	233.76	−0.456%	$358K	$676K	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	234.82	−0.004%	$15K	$115K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	234.91	+0.034%	$1.6M	$973K	10x	as long as short
Vest NBIS-USD-PERPshort	+0.0046%	1h	235.00	+0.072%	—	$234K	5x

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps NBIS-USD	+0.0050%	1h	234.84	+0.004%	$149K	$723K	10x	as long as short
SoDEX NBIS-USD	+0.0050%	1h	234.83	0.000%	$28	$20K	10x	as long as short
QFEX NBIS-USD	+0.0051%	1h	234.75	−0.034%	$1.5M	$5.2M	10x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	234.61	−0.094%	$484K	$25K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	234.79	−0.017%	$2K	$3K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0102%	1h	234.65	−0.077%	$174K	$499K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	234.85	+0.007%	—	—	10x	as long as short
Nado NBIS-PERP	+0.0195%	1h	234.68	−0.066%	$28K	$63K	3x	as long as short
Variational Omni NBIS	+0.0218%	8h	234.82	−0.005%	$2.9M	$822K	—	as long as short
Aster NBISUSDT	+0.0235%	8h	234.57	−0.109%	$79K	$306K	50x	as long as short
Kraken Futures PF_NBISUSD	+0.0248%	1h	234.55	−0.121%	$24K	$14K	20x	as long as short
GRVT NBIS_USDT_Perp	+0.0252%	8h	234.83	0.000%	$5K	$139K	10x	as long as short
Binance NBISUSDT	+0.0253%	8h	234.85	+0.007%	$19.4M	$86.5M	25x	as long as short
Extended NBIS-USD	+0.0256%	1h	234.81	−0.007%	$144K	$699K	10x	as long as short
BloFin NBIS-USDT	+0.0267%	8h	234.83	0.000%	$207K	$214K	20x	as long as short
Arcus NBIS-USD	+0.0269%	1h	234.77	−0.026%	$44K	$134K	5x	as long as short
tradeXYZ xyz:NBIS	+0.0305%	1h	234.84	+0.004%	$54.8M	$23.4M	10x	as long as short
Phoenix NBIS	+0.0376%	1h	235.05	+0.094%	$7K	$163K	10x	as long as short
Lighter NBIS	+0.0384%	1h	234.96	+0.055%	$933K	$4.6M	10x	as long as short
edgeX NBISUSDC	+0.0431%	4h	234.77	−0.027%	$38K	$234K	10x	as long as short
Entropy io:NBIS	+0.0484%	1h	234.80	−0.013%	$10.3M	$3.4M	10x	as long as short