Funding arb · Price arb /

NBIS

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.036%

Price spread now: Aster against OKX−0.133%7-day average +0.003% · you buy dearer than you sell

Net, funding: paid 7d − costs−$45as in the Funding arb table

Net, price: spread back to 7d avg − costs−$63as in the Price arb table

costs, in and out, $10k−$500.495% of the position

Long on OKX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.044%+$4 on $10k

Price spread, last 4 days (all we have)+0.005%$0 · spread now −0.133%, 7d avg +0.003%

Together, before fees+0.049%+ Points / potential airdropAster: Stage 5 · farm board+$5 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: Aster is 0.136% cheaper against OKX than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of +0.003%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX NBIS-USDT-SWAP	230.37	0	get 0.0000% / 8h	7h 02m	$3.3M	$16.4M	25x
Short	Aster NBISUSDT	230.06	0	get 0.0000% / 8h	7h 02m	$74K	$320K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against OKX. 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

Position, each leg$Hold fordaysFee OKXbpFee AsterbpOrdersPrice spread, now −0.133%Rate

Funding earned: $0
Price spread: −0.133% → +0.003%: −$13.57
Slippage, 4 orders: −$31.51
Fee OKX: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$63.08
Costs to cover: 0.495%
Break-even: never at this rate

Slippage from OKX: live order book, 1 min ago; Aster: live order book, 30 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy OKX live order book, 1 min ago	1.09 bp	10.0 bp −$10	29.8 bp −$298	doesn't fit	doesn't fit
Sell Aster live order book, 30 min ago	3.08 bp	11.1 bp −$11	1394.2 bp −$13.9K	doesn't fit	doesn't fit

NBIS on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget NBISUSDT	−0.0084%	8h	230.50	+0.056%	$2.3M	$4.6M	20x	as long as short
Coinbase International NBIS-PERP-INTX	−0.0008%	1h	230.78	+0.178%	$382K	$869K	10x	as long as short
Aster NBISUSDTshort	0.0000%	8h	230.06	−0.133%	$74K	$320K	50x
OKX NBIS-USDT-SWAPlong	0.0000%	8h	230.37	long leg	$3.3M	$16.4M	25x
Gate NBIS_USDT	0.0000%	8h	230.48	+0.048%	$2.7M	$5.2M	50x	as long as short
Variational Omni NBIS	0.0000%	8h	230.53	+0.070%	$2.8M	$598K	—	as long as short
SunX NBIS-USDT	0.0000%	8h	230.17	−0.087%	$1K	$1.6M	10x	as long as short
Phemex NBISUSDT	0.0000%	8h	230.38	+0.004%	$1.5M	$971K	10x	as long as short
BloFin NBIS-USDT	+0.0008%	8h	230.34	−0.013%	$200K	$214K	20x	as long as short
Extended NBIS-USD	+0.0032%	1h	230.39	+0.008%	$144K	$856K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance NBISUSDT	+0.0036%	8h	230.40	+0.013%	$18.5M	$90.1M	25x	as long as short
Arcus NBIS-USD	+0.0040%	1h	230.33	−0.017%	$42K	$124K	5x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	230.34	−0.013%	—	$246K	5x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	230.42	+0.022%	$137K	$467K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	230.33	−0.017%	$149K	$539K	10x	as long as short
QFEX NBIS-USD	+0.0064%	1h	230.39	+0.009%	$1.5M	$3.7M	10x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	230.29	−0.035%	$473K	$95K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	230.37	0.000%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	230.20	−0.072%	—	—	10x	as long as short
Nado NBIS-PERP	+0.0132%	1h	230.06	−0.134%	$38K	$116K	3x	as long as short
HTX NBIS-USDT	+0.0153%	8h	230.57	+0.087%	$13K	$62K	20x	as long as short
tradeXYZ xyz:NBIS	+0.0188%	1h	230.46	+0.039%	$54.0M	$21.9M	10x	as long as short
Bybit NBISUSDT	+0.0246%	8h	230.39	+0.009%	$4.8M	$6.8M	50x	as long as short
Lighter NBIS	+0.0248%	1h	230.36	−0.004%	$923K	$4.1M	10x	as long as short
Phoenix NBIS	+0.0277%	1h	230.48	+0.048%	$7K	$125K	10x	as long as short
Deribit NBIS_USDC-PERPETUAL	+0.0402%	1h	230.18	−0.082%	$34K	$50K	10x	as long as short
Entropy io:NBIS	+0.0412%	1h	230.30	−0.030%	$10.0M	$3.2M	10x	as long as short
SoDEX NBIS-USD	+0.0416%	1h	230.32	−0.022%	$69	$20K	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0678%	1h	230.24	−0.058%	$22K	$16K	20x	as long as short
edgeX NBISUSDC	+0.0741%	4h	230.53	+0.069%	$37K	$227K	10x	as long as short
GRVT NBIS_USDT_Perp	+0.0765%	8h	230.54	+0.074%	$5K	$114K	10x	as long as short