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−0.0256%/8h= −28.0% APRpaid last 24h −0.087%
Price spread now: HTX against Lighter−0.061%7-day average · you buy dearer than you sell
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 7 days−0.522%−$52 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and HTX is 0.061% cheaper against Lighter than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter NBIS231.180.0256pay 0.0032% / 1h2m 57s$940K$4.1M10x
ShortHTX NBIS-USDT231.040get 0.0000% / 8h2m 57s$15K$57K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Lighter. 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
−$53.76
Price spread: −0.061% → 0.000%
−$6.06
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee HTX: 6 bp × 2 orders
−$12
Net
−$71.82
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 5 min ago; HTX: 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 Lighter live order book, 5 min ago0.65 bp1.1 bp −$13.2 bp −$3257.8 bp −$5,784doesn't fit
Sell HTX no order-book sample
HTX: 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−0.0362%8h231.25+0.030%$2.3M$4.6M20xas long as short
BloFin NBIS-USDT−0.0024%8h231.21+0.013%$204K$212K20xas long as short
Aster NBISUSDT0.0000%8h231.19+0.005%$84K$311K50xas long as short
Extended NBIS-USD0.0000%1h231.17−0.003%$145K$876K10xas long as short
Binance NBISUSDT0.0000%8h231.22+0.019%$18.8M$88.0M25xas long as short
Bybit NBISUSDT0.0000%8h231.22+0.017%$4.9M$6.7M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h231.13−0.022%$3.3M$16.0M25xas long as short
Gate NBIS_USDT0.0000%8h231.20+0.009%$2.7M$5.2M50xas long as short
Variational Omni NBIS0.0000%8h231.07−0.046%$2.8M$590Kas long as short
GRVT NBIS_USDT_Perp0.0000%8h231.02−0.070%$4K$115K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX NBIS-USDT0.0000%8h231.25+0.030%$1K$1.6M10xas long as short
Deribit NBIS_USDC-PERPETUAL0.0000%1h231.10−0.035%$34K$49K10xas long as short
HTX NBIS-USDTshort0.0000%8h231.04−0.061%$15K$57K20x
Phemex NBISUSDT0.0000%8h231.26+0.035%$1.6M$972K10xas long as short
Arcus NBIS-USD+0.0040%1h230.95−0.099%$42K$131K5xas long as short
QFEX NBIS-USD+0.0041%1h231.25+0.030%$1.5M$3.7M10xas long as short
Vest NBIS-USD-PERP+0.0046%1h231.07−0.048%$223K5xas long as short
Polymarket Perps NBIS-USD+0.0050%1h231.14−0.017%$137K$473K10xas long as short
SoDEX NBIS-USD+0.0050%1h231.20+0.009%$83$20K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h230.94−0.104%$150K$542K10xas long as short
Coinbase International NBIS-PERP-INTX+0.0056%1h230.90−0.121%$357K$811K10xas long as short
KuCoin NBISUSDTM+0.0100%8h230.94−0.104%$476K$31K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h231.15−0.013%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h231.13−0.020%10xas long as short
tradeXYZ xyz:NBIS+0.0119%1h231.10−0.035%$54.1M$21.2M10xas long as short
Nado NBIS-PERP+0.0172%1h231.10−0.036%$38K$116K3xas long as short
Lighter NBISlong+0.0256%1h231.18long leg$940K$4.1M10x
Phoenix NBIS+0.0312%1h231.11−0.030%$7K$125K10xas long as short
Entropy io:NBIS+0.0405%1h231.05−0.056%$10.1M$3.1M10xas long as short
edgeX NBISUSDC+0.0505%4h230.94−0.106%$37K$227K10xas long as short
Kraken Futures PF_NBISUSD+0.0540%1h231.180.000%$23K$15K20xas long as short