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

NBIS

RWAall NBIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0005%/8h= −0.5% APRnext payment $0.05 per $10,000 · paid last 24h +0.005%
Price spread now: BloFin against GRVT−0.163%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$410.408% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.008%−$1 on $10k
Price spread, last 4 days (all we have)+0.093%+$9 · spread now −0.163%, 7d avg +0.009%
Together, before fees+0.085%+ Points / potential airdropGRVT: Active · farm board+$9 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: BloFin is 0.172% cheaper against GRVT than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of +0.009%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT NBIS_USDT_Perp233.770get 0.0000% / 8h3h 23m$4K$119K10x
ShortBloFin NBIS-USDT233.39−0.0005pay 0.0005% / 8h3h 23m$205K$205K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against GRVT. 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
−$0.96
Price spread: −0.163% → +0.009%
−$17.21
Slippage, 4 orders
−$19.81
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$58.98
Costs to cover
0.408%
Break-even
never at this rate
Slippage from GRVT: live order book, 24 min ago; BloFin: live order book, 68 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 GRVT live order book, 24 min ago2.35 bp10.2 bp −$101075.9 bp −$10.8Kdoesn't fitdoesn't fit
Sell BloFin live order book, 68 min ago0.85 bp8.8 bp −$920.9 bp −$209doesn'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
BloFin NBIS-USDTshort−0.0005%8h233.39−0.163%$205K$205K20x
Aster NBISUSDT0.0000%8h233.68−0.040%$78K$310K50xas long as short
Extended NBIS-USD0.0000%1h233.32−0.191%$147K$680K10xas long as short
Binance NBISUSDT0.0000%8h233.38−0.169%$19.2M$84.9M25xas long as short
Bybit NBISUSDT0.0000%8h233.38−0.167%$5.0M$6.3M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h233.33−0.188%$3.4M$16.1M25xas long as short
Gate NBIS_USDT0.0000%8h233.38−0.167%$2.7M$5.1M50xas long as short
Bitget NBISUSDT0.0000%8h233.46−0.133%$2.4M$4.4M20xas long as short
Variational Omni NBIS0.0000%8h233.62−0.064%$2.9M$555Kas long as short
GRVT NBIS_USDT_Perplong0.0000%8h233.77long leg$4K$119K10x
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX NBIS-USDT0.0000%8h233.40−0.158%$1K$1.6M10xas long as short
HTX NBIS-USDT0.0000%8h233.68−0.039%$15K$60K20xas long as short
Phemex NBISUSDT0.0000%8h233.44−0.141%$1.6M$954K10xas long as short
Deribit NBIS_USDC-PERPETUAL+0.0007%1h233.25−0.223%$35K$49K10xas long as short
Nado NBIS-PERP+0.0030%1h233.29−0.204%$38K$115K3xas long as short
QFEX NBIS-USD+0.0034%1h233.34−0.184%$1.5M$4.0M10xas long as short
Arcus NBIS-USD+0.0040%1h233.59−0.077%$42K$132K5xas long as short
Vest NBIS-USD-PERP+0.0046%1h233.59−0.077%$216K5xas long as short
Kraken Futures PF_NBISUSD+0.0049%1h233.30−0.203%$23K$15K20xas long as short
tradeXYZ xyz:NBIS+0.0050%1h233.22−0.235%$54.4M$20.1M10xas long as short
Polymarket Perps NBIS-USD+0.0050%1h233.28−0.210%$147K$456K10xas long as short
SoDEX NBIS-USD+0.0050%1h233.35−0.180%$117$21K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h233.37−0.171%$160K$501K10xas long as short
KuCoin NBISUSDTM+0.0100%8h233.46−0.133%$481K$20K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h233.41−0.154%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h233.40−0.157%10xas long as short
Coinbase International NBIS-PERP-INTX+0.0104%1h233.49−0.120%$374K$741K10xas long as short
edgeX NBISUSDC+0.0195%4h234.00+0.097%$38K$226K10xas long as short
Lighter NBIS+0.0232%1h233.37−0.171%$924K$3.9M10xas long as short
Phoenix NBIS+0.0239%1h234.14+0.158%$7K$150K10xas long as short
Entropy io:NBIS+0.0303%1h233.75−0.009%$10.1M$3.2M10xas long as short