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

NBIS

RWAall NBIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.021%
Price spread now: Aster against Ondo Perps+0.184%7-day average +0.022% · 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 7 days−0.034%−$3 on $10k
Price spread, last 4 days (all we have)−0.206%−$21 · spread now +0.184%, 7d avg +0.022%
Together, before fees−0.240%+ Points / potential airdropOndo Perps: Active · Aster: Stage 5 · farm board−$24 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.162% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.184% now, against its 7-day average of +0.022%): +$16 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 11 days. At the pace of the last 7 days (−0.034% in total) that is about 33 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps NBIS-USD.P233.830.0050pay 0.0006% / 1h29m 14s$160K$501K10x
ShortAster NBISUSDT234.260get 0.0000% / 8h3h 29m$79K$310K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Ondo Perps. 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
−$10.58
Price spread: +0.184% → +0.022%
$16.18
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Aster: 4 bp × 2 orders
−$8
Net
−$7.4
Costs to cover
0.130%
Break-even
from the start
Slippage unknown: Ondo Perps: no order-book sample; Aster: live order book, 23 min ago. 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 Ondo Perps no order-book sample
Sell Aster live order book, 23 min ago18.55 bp27.2 bp −$271051.7 bp −$10.5Kdoesn't fitdoesn't fit
Ondo Perps: 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
BloFin NBIS-USDT−0.0014%8h234.12+0.124%$206K$206K20xas long as short
Aster NBISUSDTshort0.0000%8h234.26+0.184%$79K$310K50x
Extended NBIS-USD0.0000%1h234.04+0.090%$147K$699K10xas long as short
Binance NBISUSDT0.0000%8h234.13+0.127%$19.2M$84.8M25xas long as short
Bybit NBISUSDT0.0000%8h234.17+0.145%$5.0M$6.3M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h234.05+0.094%$3.4M$16.2M25xas long as short
Gate NBIS_USDT0.0000%8h234.13+0.128%$2.7M$5.0M50xas long as short
Bitget NBISUSDT0.0000%8h234.20+0.158%$2.4M$4.4M20xas long as short
Variational Omni NBIS0.0000%8h234.33+0.213%$2.9M$555Kas long as short
GRVT NBIS_USDT_Perp0.0000%8h234.30+0.203%$4K$119K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX NBIS-USDT0.0000%8h234.24+0.175%$970$1.7M10xas long as short
HTX NBIS-USDT0.0000%8h234.38+0.235%$15K$60K20xas long as short
Phemex NBISUSDT0.0000%8h234.24+0.175%$1.6M$955K10xas long as short
QFEX NBIS-USD+0.0034%1h234.11+0.120%$1.5M$4.0M10xas long as short
Arcus NBIS-USD+0.0040%1h233.96+0.056%$42K$132K5xas long as short
Nado NBIS-PERP+0.0041%1h234.16+0.143%$38K$115K3xas long as short
Vest NBIS-USD-PERP+0.0046%1h234.29+0.197%$216K5xas long as short
Kraken Futures PF_NBISUSD+0.0048%1h234.08+0.106%$23K$15K20xas long as short
tradeXYZ xyz:NBIS+0.0050%1h233.97+0.060%$54.5M$20.1M10xas long as short
Polymarket Perps NBIS-USD+0.0050%1h234.01+0.077%$147K$456K10xas long as short
SoDEX NBIS-USD+0.0050%1h234.12+0.124%$80$21K10xas long as short
Ondo Perps NBIS-USD.Plong+0.0050%1h233.83long leg$160K$501K10x
KuCoin NBISUSDTM+0.0100%8h234.02+0.081%$482K$20K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h234.09+0.111%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h234.04+0.091%10xas long as short
Coinbase International NBIS-PERP-INTX+0.0104%1h234.20+0.158%$375K$736K10xas long as short
Deribit NBIS_USDC-PERPETUAL+0.0220%1h234.08+0.107%$35K$49K10xas long as short
Phoenix NBIS+0.0239%1h233.90+0.030%$7K$150K10xas long as short
Lighter NBIS+0.0256%1h234.20+0.158%$925K$3.9M10xas long as short
Entropy io:NBIS+0.0361%1h234.06+0.098%$10.2M$3.2M10xas long as short
edgeX NBISUSDC+0.0895%4h234.27+0.188%$38K$227K10xas long as short