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

NBIS

RWAall NBIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%
Price spread now: HTX against OKX+0.201%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$430.432% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.059%−$6 on $10k
Price spread, last 3 days (all we have)−0.211%−$21 · spread now +0.201%, 7d avg +0.029%
Together, before fees−0.270%−$27 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: HTX is 0.172% dearer against OKX than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of +0.029%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX NBIS-USDT-SWAP233.310get 0.0000% / 8h6h 38m$3.4M$16.5M25x
ShortHTX NBIS-USDT233.780get 0.0000% / 8h6h 38m$15K$60K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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

Funding earned
$0
Price spread: +0.201% → +0.029%
$17.21
Slippage, 4 orders
−$21.25
Fee OKX: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$26.04
Costs to cover
0.432%
Break-even
never at this rate
Slippage from OKX: live order book, 4 min ago; HTX: live order book, 27 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 4 min ago0.86 bp6.7 bp −$727.1 bp −$271doesn't fitdoesn't fit
Sell HTX live order book, 27 min ago2.33 bp13.4 bp −$1328.2 bp −$282doesn't fitdoesn't fit

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%8h233.39+0.034%$5.1M$6.3M50xas long as short
OKX NBIS-USDT-SWAPlong0.0000%8h233.31long leg$3.4M$16.5M25x
Gate NBIS_USDT0.0000%8h233.44+0.056%$2.8M$5.0M50xas long as short
Bitget NBISUSDT0.0000%8h233.37+0.026%$2.4M$4.5M20xas long as short
SunX NBIS-USDT0.0000%8h233.40+0.039%$1K$1.7M10xas long as short
HTX NBIS-USDTshort0.0000%8h233.78+0.201%$15K$60K20x
Phemex NBISUSDT0.0000%8h233.42+0.047%$1.6M$971K10xas long as short
QFEX NBIS-USD+0.0024%1h233.30−0.004%$1.5M$4.7M10xas long as short
GRVT NBIS_USDT_Perp+0.0036%8h233.58+0.116%$5K$129K10xas long as short
Arcus NBIS-USD+0.0040%1h233.42+0.047%$42K$132K5xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest NBIS-USD-PERP+0.0046%1h233.43+0.051%$226K5xas long as short
Polymarket Perps NBIS-USD+0.0050%1h233.29−0.009%$148K$468K10xas long as short
SoDEX NBIS-USD+0.0050%1h233.35+0.017%$98$20K10xas long as short
Deribit NBIS_USDC-PERPETUAL+0.0050%1h233.26−0.021%$35K$48K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h233.39+0.034%$163K$498K10xas long as short
Kraken Futures PF_NBISUSD+0.0096%1h233.24−0.032%$24K$15K20xas long as short
KuCoin NBISUSDTM+0.0100%8h233.38+0.030%$481K$21K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h233.33+0.009%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h233.36+0.022%10xas long as short
Coinbase International NBIS-PERP-INTX+0.0112%1h236.05+1.174%$386K$721K10xas long as short
tradeXYZ xyz:NBIS+0.0117%1h233.29−0.009%$54.7M$20.0M10xas long as short
Nado NBIS-PERP+0.0156%1h233.22−0.037%$67K$94K3xas long as short
Aster NBISUSDT+0.0218%8h233.57+0.110%$81K$314K50xas long as short
Variational Omni NBIS+0.0223%8h233.46+0.064%$2.8M$570Kas long as short
BloFin NBIS-USDT+0.0234%8h234.04+0.313%$207K$209K20xas long as short
Binance NBISUSDT+0.0240%8h233.38+0.031%$19.2M$85.1M25xas long as short
Extended NBIS-USD+0.0240%1h233.37+0.027%$150K$705K10xas long as short
Lighter NBIS+0.0288%1h233.44+0.056%$901K$4.4M10xas long as short
Phoenix NBIS+0.0306%1h233.43+0.051%$7K$152K10xas long as short
edgeX NBISUSDC+0.0339%4h233.68+0.159%$38K$225K10xas long as short
Entropy io:NBIS+0.0353%1h233.51+0.086%$10.1M$3.3M10xas long as short