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

NBIS

RWAall NBIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.016%
Price spread now: SunX against Ondo Perps+0.130%7-day average +0.024% · 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−0.165%−$17 on $10k
Price spread, last 4 days (all we have)−0.148%−$15 · spread now +0.130%, 7d avg +0.024%
Together, before fees−0.313%+ Points / potential airdropOndo Perps: Active · farm board−$31 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.106% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.130% now, against its 7-day average of +0.024%): +$11 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 7.0 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps NBIS-USD.P231.060.0050pay 0.0006% / 1h35m 53s$150K$543K10x
ShortSunX NBIS-USDT231.360get 0.0000% / 8h35m 53s$993$1.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: +0.130% → +0.024%
$10.61
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee SunX: 4 bp × 2 orders
−$8
Net
−$12.97
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; SunX: live order book, 9 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 SunX live order book, 9 min ago45.22 bp64.4 bp −$64doesn't fitdoesn'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
Bitget NBISUSDT−0.0450%8h231.37+0.134%$2.3M$4.6M20xas long as short
Aster NBISUSDT0.0000%8h231.21+0.065%$84K$311K50xas long as short
Extended NBIS-USD0.0000%1h231.23+0.072%$148K$876K10xas long as short
Binance NBISUSDT0.0000%8h231.33+0.116%$18.7M$87.8M25xas long as short
Bybit NBISUSDT0.0000%8h231.25+0.082%$4.9M$6.8M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h231.30+0.104%$3.3M$16.2M25xas long as short
Gate NBIS_USDT0.0000%8h231.29+0.100%$2.7M$5.2M50xas long as short
Variational Omni NBIS0.0000%8h231.17+0.048%$2.8M$594Kas long as short
GRVT NBIS_USDT_Perp0.0000%8h231.29+0.099%$4K$116K10xas long as short
SunX NBIS-USDTshort0.0000%8h231.36+0.130%$993$1.6M10x
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX NBIS-USDT0.0000%8h231.29+0.100%$15K$57K20xas long as short
Phemex NBISUSDT0.0000%8h231.25+0.082%$1.6M$969K10xas long as short
BloFin NBIS-USDT+0.0008%8h231.36+0.130%$203K$209K20xas long as short
Arcus NBIS-USD+0.0040%1h231.13+0.030%$42K$131K5xas long as short
QFEX NBIS-USD+0.0041%1h231.30+0.104%$1.5M$3.8M10xas long as short
Vest NBIS-USD-PERP+0.0046%1h231.11+0.022%$222K5xas long as short
Polymarket Perps NBIS-USD+0.0050%1h231.20+0.061%$137K$473K10xas long as short
Ondo Perps NBIS-USD.Plong+0.0050%1h231.06long leg$150K$543K10x
Coinbase International NBIS-PERP-INTX+0.0056%1h230.39−0.290%$353K$814K10xas long as short
SoDEX NBIS-USD+0.0097%1h231.27+0.091%$97$20K10xas long as short
KuCoin NBISUSDTM+0.0100%8h231.060.000%$476K$20K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h231.33+0.117%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h231.30+0.106%10xas long as short
tradeXYZ xyz:NBIS+0.0141%1h231.14+0.035%$54.3M$21.1M10xas long as short
Nado NBIS-PERP+0.0168%1h231.07+0.003%$38K$116K3xas long as short
Phoenix NBIS+0.0312%1h231.13+0.030%$7K$125K10xas long as short
Lighter NBIS+0.0368%1h231.18+0.052%$931K$4.0M10xas long as short
Entropy io:NBIS+0.0428%1h231.15+0.039%$10.1M$3.1M10xas long as short
edgeX NBISUSDC+0.0453%4h231.23+0.075%$37K$226K10xas long as short
Kraken Futures PF_NBISUSD+0.0540%1h231.19+0.056%$23K$15K20xas long as short
Deribit NBIS_USDC-PERPETUAL+0.0789%1h231.26+0.087%$34K$49K10xas long as short