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

NBIS

RWAall NBIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0052%/8h= +5.6% APRnext payment +$0.06 per $10,000 · paid last 24h +0.051%
Price spread now: Kraken Futures against Nado−0.072%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · farm boardneeds both histories
Funding pays, the price is against you. Kraken Futures is 0.072% cheaper against Nado than usual: you would sell low and buy high (spread −0.072% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 4.7 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado NBIS-PERP234.800.0197pay 0.0025% / 1h15m 00s$28K$63K3x
ShortKraken Futures PF_NBISUSD234.630.0248get 0.0031% / 1h15m 00s$24K$15K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Nado. 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
$10.82
Price spread: −0.072% → 0.000%
−$7.21
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$13.39
Costs to cover
0.170%
Break-even
15.7 days
Slippage unknown: Nado: no order-book sample; Kraken Futures: 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 Nado no order-book sample
Sell Kraken Futures no order-book sample
Nado and Kraken Futures: 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%8h234.90+0.043%$5.2M$6.5M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h234.91+0.047%$3.4M$17.1M25xas long as short
Gate NBIS_USDT0.0000%8h234.90+0.043%$2.8M$5.3M50xas long as short
Bitget NBISUSDT0.0000%8h234.89+0.038%$2.5M$4.8M20xas long as short
SunX NBIS-USDT0.0000%8h235.04+0.102%$1K$1.8M10xas long as short
Deribit NBIS_USDC-PERPETUAL0.0000%1h234.82+0.009%$35K$48K10xas long as short
Coinbase International NBIS-PERP-INTX0.0000%1h234.81+0.004%$360K$679K10xas long as short
HTX NBIS-USDT0.0000%8h235.07+0.115%$15K$115K20xas long as short
Phemex NBISUSDT0.0000%8h234.92+0.051%$1.6M$975K10xas long as short
Vest NBIS-USD-PERP+0.0046%1h235.15+0.149%$234K5xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps NBIS-USD+0.0050%1h234.95+0.064%$142K$738K10xas long as short
SoDEX NBIS-USD+0.0050%1h234.89+0.038%$38$20K10xas long as short
QFEX NBIS-USD+0.0051%1h234.92+0.051%$1.5M$5.2M10xas long as short
Ondo Perps NBIS-USD.P+0.0067%1h234.98+0.077%$174K$499K10xas long as short
KuCoin NBISUSDTM+0.0100%8h234.75−0.021%$484K$25K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h234.90+0.043%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h234.92+0.052%10xas long as short
Nado NBIS-PERPlong+0.0197%1h234.80long leg$28K$63K3x
Variational Omni NBIS+0.0221%8h235.11+0.130%$2.9M$822Kas long as short
Aster NBISUSDT+0.0235%8h235.14+0.144%$81K$308K50xas long as short
BloFin NBIS-USDT+0.0247%8h234.93+0.055%$206K$214K20xas long as short
Kraken Futures PF_NBISUSDshort+0.0248%1h234.63−0.072%$24K$15K20x
GRVT NBIS_USDT_Perp+0.0249%8h235.06+0.110%$5K$138K10xas long as short
Binance NBISUSDT+0.0253%8h234.93+0.055%$19.4M$86.5M25xas long as short
Extended NBIS-USD+0.0256%1h234.87+0.028%$139K$703K10xas long as short
Arcus NBIS-USD+0.0269%1h234.93+0.055%$44K$134K5xas long as short
tradeXYZ xyz:NBIS+0.0305%1h234.99+0.081%$54.8M$23.4M10xas long as short
Phoenix NBIS+0.0376%1h235.07+0.115%$7K$163K10xas long as short
Lighter NBIS+0.0376%1h235.01+0.089%$932K$4.6M10xas long as short
Entropy io:NBIS+0.0489%1h234.92+0.051%$10.3M$3.4M10xas long as short
edgeX NBISUSDC+0.0874%4h235.04+0.103%$38K$236K10xas long as short