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

NBIS

RWAall NBIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0220%/8h= +24.0% APRnext payment +$0.27 per $10,000 · paid last 24h +0.014%
Price spread now: Deribit against Ondo Perps+0.052%7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Deribit is 0.052% dearer against Ondo Perps than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps NBIS-USD.P230.770.0050pay 0.0006% / 1h1m 33s$151K$542K10x
ShortDeribit NBIS_USDC-PERPETUAL230.890.0270get 0.0034% / 1h1m 33s$34K$49K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
$46.12
Price spread: +0.052% → 0.000%
$5.2
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$39.32
Costs to cover
0.120%
Break-even
1.0 days
Slippage unknown: Ondo Perps: no order-book sample; Deribit: 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 Ondo Perps no order-book sample
Sell Deribit no order-book sample
Ondo Perps and Deribit: 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−0.0542%8h230.97+0.087%$2.3M$4.5M20xas long as short
BloFin NBIS-USDT−0.0006%8h230.90+0.056%$204K$205K20xas long as short
Aster NBISUSDT0.0000%8h230.70−0.031%$84K$311K50xas long as short
Extended NBIS-USD0.0000%1h230.83+0.026%$149K$631K10xas long as short
Binance NBISUSDT0.0000%8h230.90+0.054%$18.5M$87.6M25xas long as short
Bybit NBISUSDT0.0000%8h230.87+0.043%$4.9M$6.8M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h230.82+0.022%$3.3M$16.1M25xas long as short
Gate NBIS_USDT0.0000%8h230.89+0.052%$2.7M$5.2M50xas long as short
Variational Omni NBIS0.0000%8h231.09+0.138%$2.8M$595Kas long as short
GRVT NBIS_USDT_Perp0.0000%8h230.95+0.078%$5K$116K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX NBIS-USDT0.0000%8h230.92+0.065%$889$1.6M10xas long as short
HTX NBIS-USDT0.0000%8h230.97+0.087%$15K$57K20xas long as short
Phemex NBISUSDT0.0000%8h230.99+0.095%$1.6M$966K10xas long as short
Arcus NBIS-USD+0.0040%1h230.83+0.026%$42K$132K5xas long as short
edgeX NBISUSDC+0.0045%4h230.84+0.032%$37K$227K10xas long as short
Vest NBIS-USD-PERP+0.0046%1h230.79+0.009%$222K5xas long as short
Polymarket Perps NBIS-USD+0.0050%1h230.97+0.087%$137K$473K10xas long as short
SoDEX NBIS-USD+0.0050%1h230.90+0.056%$143$20K10xas long as short
Ondo Perps NBIS-USD.Plong+0.0050%1h230.77long leg$151K$542K10x
QFEX NBIS-USD+0.0056%1h230.89+0.052%$1.5M$3.8M10xas long as short
Nado NBIS-PERP+0.0080%1h230.68−0.039%$37K$115K3xas long as short
KuCoin NBISUSDTM+0.0100%8h230.72−0.022%$476K$20K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h230.94+0.074%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h230.92+0.065%10xas long as short
Coinbase International NBIS-PERP-INTX+0.0120%1h230.38−0.169%$352K$814K10xas long as short
tradeXYZ xyz:NBIS+0.0129%1h230.88+0.048%$54.2M$21.1M10xas long as short
Lighter NBIS+0.0232%1h230.89+0.052%$938K$4.0M10xas long as short
Deribit NBIS_USDC-PERPETUALshort+0.0270%1h230.89+0.052%$34K$49K10x
Phoenix NBIS+0.0311%1h231.15+0.165%$7K$150K10xas long as short
Entropy io:NBIS+0.0359%1h230.82+0.022%$10.0M$3.1M10xas long as short
Kraken Futures PF_NBISUSD+0.0685%1h230.86+0.037%$23K$15K20xas long as short