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

NBIS

RWAall NBIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0342%/8h= +37.5% APRnext payment +$0.43 per $10,000 · paid last 24h −0.063%
Price spread now: Deribit against Kraken Futures+0.006%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$10 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_NBISUSD234.260.0048pay 0.0006% / 1h46m 35s$23K$15K20x
ShortDeribit NBIS_USDC-PERPETUAL234.270.0391get 0.0049% / 1h46m 35s$35K$49K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against Kraken Futures. 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
$71.87
Price spread: +0.006% → 0.000%
$0.57
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$55.45
Costs to cover
0.170%
Break-even
1.6 days
Slippage unknown: Kraken Futures: no order-book sample; Deribit: 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
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures no order-book sample
Sell Deribit no order-book sample
Kraken Futures and Deribit: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit NBISUSDT0.0000%8h234.49+0.100%$5.0M$6.3M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h234.43+0.074%$3.4M$16.2M25xas long as short
Gate NBIS_USDT0.0000%8h234.38+0.053%$2.8M$5.0M50xas long as short
Bitget NBISUSDT0.0000%8h234.41+0.065%$2.4M$4.4M20xas long as short
Variational Omni NBIS0.0000%8h234.15−0.044%$2.9M$558Kas long as short
GRVT NBIS_USDT_Perp0.0000%8h233.86−0.169%$4K$120K10xas long as short
SunX NBIS-USDT0.0000%8h234.38+0.053%$916$1.7M10xas long as short
HTX NBIS-USDT0.0000%8h234.17−0.037%$15K$60K20xas long as short
Phemex NBISUSDT0.0000%8h234.34+0.036%$1.6M$953K10xas long as short
Aster NBISUSDT+0.0002%8h234.73+0.202%$79K$310K50xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance NBISUSDT+0.0004%8h234.48+0.095%$19.3M$84.6M25xas long as short
Extended NBIS-USD+0.0008%1h234.37+0.050%$147K$699K10xas long as short
BloFin NBIS-USDT+0.0011%8h234.29+0.014%$207K$206K20xas long as short
QFEX NBIS-USD+0.0034%1h234.42+0.070%$1.5M$4.1M10xas long as short
Arcus NBIS-USD+0.0040%1h234.10−0.067%$42K$132K5xas long as short
Vest NBIS-USD-PERP+0.0046%1h234.34+0.036%$216K5xas long as short
Kraken Futures PF_NBISUSDlong+0.0048%1h234.26long leg$23K$15K20x
Polymarket Perps NBIS-USD+0.0050%1h234.25−0.003%$147K$456K10xas long as short
SoDEX NBIS-USD+0.0050%1h234.24−0.007%$80$21K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h233.88−0.161%$160K$501K10xas long as short
tradeXYZ xyz:NBIS+0.0053%1h234.38+0.053%$54.7M$20.0M10xas long as short
Nado NBIS-PERP+0.0077%1h234.44+0.079%$38K$115K3xas long as short
KuCoin NBISUSDTM+0.0100%8h234.36+0.044%$483K$20K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h234.28+0.010%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h234.27+0.007%10xas long as short
Coinbase International NBIS-PERP-INTX+0.0104%1h235.56+0.556%$389K$724K10xas long as short
Phoenix NBIS+0.0239%1h234.02−0.101%$7K$150K10xas long as short
Lighter NBIS+0.0296%1h234.43+0.074%$913K$3.9M10xas long as short
Entropy io:NBIS+0.0332%1h234.29+0.014%$10.2M$3.2M10xas long as short
edgeX NBISUSDC+0.0346%4h233.86−0.170%$38K$227K10xas long as short
Deribit NBIS_USDC-PERPETUALshort+0.0391%1h234.27+0.006%$35K$49K10x