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= −5.4% APRpaid last 24h −0.014%
Price spread now: Ondo Perps against Orderly−0.004%7-day average · you buy dearer than you sell
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 5 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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_NBIS_USDC_mythos233.380.0100pay 0.0100% / 8h3h 21m$2K$3K10x
ShortOndo Perps NBIS-USD.P233.370.0050get 0.0006% / 1h21m 47s$160K$501K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Orderly. 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
−$10.42
Price spread: −0.004% → 0.000%
−$0.43
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$21.84
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; Ondo Perps: 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 Orderly no order-book sample
Sell Ondo Perps no order-book sample
Orderly and 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−0.0005%8h233.39+0.004%$205K$205K20xas long as short
Aster NBISUSDT0.0000%8h233.44+0.028%$78K$310K50xas long as short
Extended NBIS-USD0.0000%1h233.16−0.093%$147K$675K10xas long as short
Binance NBISUSDT0.0000%8h233.38−0.001%$19.2M$84.9M25xas long as short
Bybit NBISUSDT0.0000%8h233.41+0.013%$5.0M$6.3M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h233.42+0.017%$3.4M$16.1M25xas long as short
Gate NBIS_USDT0.0000%8h233.34−0.017%$2.7M$5.1M50xas long as short
Bitget NBISUSDT0.0000%8h233.42+0.017%$2.4M$4.4M20xas long as short
Variational Omni NBIS0.0000%8h233.62+0.104%$2.9M$555Kas long as short
GRVT NBIS_USDT_Perp0.0000%8h233.77+0.167%$4K$119K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX NBIS-USDT0.0000%8h233.26−0.051%$1K$1.6M10xas long as short
HTX NBIS-USDT0.0000%8h233.68+0.129%$15K$60K20xas long as short
Phemex NBISUSDT0.0000%8h233.36−0.009%$1.6M$954K10xas long as short
Nado NBIS-PERP+0.0031%1h233.19−0.082%$38K$115K3xas long as short
QFEX NBIS-USD+0.0034%1h233.21−0.073%$1.5M$4.0M10xas long as short
Arcus NBIS-USD+0.0040%1h233.45+0.030%$42K$132K5xas long as short
Vest NBIS-USD-PERP+0.0046%1h233.44+0.026%$216K5xas long as short
Kraken Futures PF_NBISUSD+0.0049%1h233.32−0.024%$23K$15K20xas long as short
tradeXYZ xyz:NBIS+0.0050%1h233.12−0.111%$54.3M$20.1M10xas long as short
Polymarket Perps NBIS-USD+0.0050%1h233.26−0.051%$147K$456K10xas long as short
SoDEX NBIS-USD+0.0050%1h233.30−0.034%$117$21K10xas long as short
Ondo Perps NBIS-USD.Pshort+0.0050%1h233.37−0.004%$160K$501K10x
KuCoin NBISUSDTM+0.0100%8h233.23−0.064%$481K$20K20xas long as short
Orderly PERP_NBIS_USDC_mythoslong+0.0100%8h233.38long leg$2K$3K10x
Aevo NBIS-PERP+0.0104%1h233.33−0.022%10xas long as short
Coinbase International NBIS-PERP-INTX+0.0104%1h233.17−0.090%$361K$740K10xas long as short
Deribit NBIS_USDC-PERPETUAL+0.0136%1h233.40+0.009%$35K$49K10xas long as short
edgeX NBISUSDC+0.0195%4h234.00+0.265%$38K$226K10xas long as short
Lighter NBIS+0.0232%1h233.46+0.034%$925K$3.9M10xas long as short
Phoenix NBIS+0.0239%1h234.14+0.326%$7K$150K10xas long as short
Entropy io:NBIS+0.0287%1h233.66+0.120%$10.1M$3.2M10xas long as short