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

NBIS

RWAall NBIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0634%/8h= −69.4% APRnext payment $0.79 per $10,000 · paid last 24h −0.052%
Price spread now: SoDEX against Kraken Futures+0.014%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 3 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: −$19 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_NBISUSD231.150.0684pay 0.0085% / 1h51m 21s$23K$15K20x
ShortSoDEX NBIS-USD231.180.0050get 0.0006% / 1h51m 21s$88$20K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$133.07
Price spread: +0.014% → 0.000%
$1.35
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$149.72
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Kraken Futures: no order-book sample; SoDEX: 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 SoDEX no order-book sample
Kraken Futures and SoDEX: 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
Bitget NBISUSDT−0.0402%8h231.27+0.052%$2.3M$4.5M20xas long as short
Aster NBISUSDT0.0000%8h231.05−0.041%$84K$311K50xas long as short
Extended NBIS-USD0.0000%1h231.11−0.018%$145K$736K10xas long as short
Binance NBISUSDT0.0000%8h231.17+0.007%$18.6M$87.1M25xas long as short
Bybit NBISUSDT0.0000%8h231.24+0.039%$4.9M$6.5M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h231.09−0.025%$3.3M$16.2M25xas long as short
Gate NBIS_USDT0.0000%8h231.19+0.018%$2.7M$5.1M50xas long as short
Variational Omni NBIS0.0000%8h231.22+0.033%$2.8M$602Kas long as short
GRVT NBIS_USDT_Perp0.0000%8h231.37+0.097%$5K$116K10xas long as short
SunX NBIS-USDT0.0000%8h231.18+0.014%$1K$1.6M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX NBIS-USDT0.0000%8h231.31+0.070%$15K$61K20xas long as short
Phemex NBISUSDT0.0000%8h231.13−0.008%$1.6M$961K10xas long as short
BloFin NBIS-USDT+0.0030%8h231.30+0.065%$204K$206K20xas long as short
Arcus NBIS-USD+0.0040%1h231.18+0.014%$42K$132K5xas long as short
Vest NBIS-USD-PERP+0.0046%1h231.09−0.025%$221K5xas long as short
Polymarket Perps NBIS-USD+0.0050%1h231.08−0.030%$137K$473K10xas long as short
SoDEX NBIS-USDshort+0.0050%1h231.18+0.014%$88$20K10x
Ondo Perps NBIS-USD.P+0.0050%1h231.24+0.039%$151K$548K10xas long as short
QFEX NBIS-USD+0.0056%1h231.14−0.004%$1.5M$3.9M10xas long as short
edgeX NBISUSDC+0.0098%4h231.34+0.082%$37K$226K10xas long as short
KuCoin NBISUSDTM+0.0100%8h231.03−0.051%$476K$20K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h231.16+0.005%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h231.14−0.005%10xas long as short
Nado NBIS-PERP+0.0118%1h231.04−0.046%$38K$115K3xas long as short
Coinbase International NBIS-PERP-INTX+0.0120%1h232.18+0.446%$352K$816K10xas long as short
Deribit NBIS_USDC-PERPETUAL+0.0140%1h231.09−0.025%$34K$49K10xas long as short
tradeXYZ xyz:NBIS+0.0192%1h231.08−0.030%$54.3M$21.0M10xas long as short
Phoenix NBIS+0.0311%1h231.41+0.113%$7K$150K10xas long as short
Lighter NBIS+0.0320%1h231.16+0.005%$941K$3.9M10xas long as short
Entropy io:NBIS+0.0503%1h231.28+0.057%$10.0M$3.1M10xas long as short
Kraken Futures PF_NBISUSDlong+0.0684%1h231.15long leg$23K$15K20x