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+0.0145%/8h= +15.9% APRpaid last 24h +0.146%
Price spread now: edgeX against Polymarket Perps+0.308%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs+$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$470.466% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.808%+$81 on $10k
Price spread, last 4 days (all we have)−0.253%−$25 · spread now +0.308%, 7d avg +0.006%
Together, before fees+0.554%+ Points / potential airdropedgeX: Active · farm board+$55 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and edgeX is 0.302% dearer against Polymarket Perps than usual: you sell high and buy low: +$30 more if the spread goes back to its 7-day average of +0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps NBIS-USD233.280.0050pay 0.0006% / 1h22m 34s$147K$456K10x
ShortedgeX NBISUSDC234.000.0195get 0.0098% / 4h3h 22m$38K$226K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Polymarket 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
$30.52
Price spread: +0.308% → +0.006%
$30.23
Slippage, 4 orders
−$29.6
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$14.15
Costs to cover
0.466%
Break-even
3.8 days
Slippage from Polymarket Perps: live order book, 30 min ago; edgeX: live order book, 29 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 Polymarket Perps live order book, 30 min ago2.56 bp6.6 bp −$77.3 bp −$7333.0 bp −$3,295doesn't fit
Sell edgeX live order book, 29 min ago5.98 bp16.7 bp −$17doesn't fitdoesn'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
BloFin NBIS-USDT−0.0005%8h233.39+0.047%$205K$205K20xas long as short
Aster NBISUSDT0.0000%8h233.62+0.144%$78K$310K50xas long as short
Extended NBIS-USD0.0000%1h233.25−0.015%$147K$680K10xas long as short
Binance NBISUSDT0.0000%8h233.39+0.047%$19.2M$84.9M25xas long as short
Bybit NBISUSDT0.0000%8h233.33+0.021%$5.0M$6.3M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h233.33+0.021%$3.4M$16.1M25xas long as short
Gate NBIS_USDT0.0000%8h233.25−0.013%$2.7M$5.1M50xas long as short
Bitget NBISUSDT0.0000%8h233.26−0.009%$2.4M$4.4M20xas long as short
Variational Omni NBIS0.0000%8h233.62+0.147%$2.9M$555Kas long as short
GRVT NBIS_USDT_Perp0.0000%8h233.77+0.210%$4K$119K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX NBIS-USDT0.0000%8h233.40+0.051%$1K$1.6M10xas long as short
HTX NBIS-USDT0.0000%8h233.68+0.171%$15K$60K20xas long as short
Phemex NBISUSDT0.0000%8h233.44+0.069%$1.6M$954K10xas long as short
Deribit NBIS_USDC-PERPETUAL+0.0007%1h233.25−0.013%$35K$49K10xas long as short
Nado NBIS-PERP+0.0031%1h233.19−0.039%$38K$115K3xas long as short
QFEX NBIS-USD+0.0034%1h233.21−0.030%$1.5M$4.0M10xas long as short
Arcus NBIS-USD+0.0040%1h233.45+0.073%$42K$132K5xas long as short
Vest NBIS-USD-PERP+0.0046%1h233.44+0.069%$216K5xas long as short
Kraken Futures PF_NBISUSD+0.0049%1h233.30+0.007%$23K$15K20xas long as short
tradeXYZ xyz:NBIS+0.0050%1h233.15−0.056%$54.3M$20.1M10xas long as short
Polymarket Perps NBIS-USDlong+0.0050%1h233.28long leg$147K$456K10x
SoDEX NBIS-USD+0.0050%1h233.35+0.030%$117$21K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h233.37+0.039%$160K$501K10xas long as short
KuCoin NBISUSDTM+0.0100%8h233.41+0.056%$481K$20K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h233.41+0.056%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h233.40+0.053%10xas long as short
Coinbase International NBIS-PERP-INTX+0.0104%1h233.49+0.090%$374K$741K10xas long as short
edgeX NBISUSDCshort+0.0195%4h234.00+0.308%$38K$226K10x
Lighter NBIS+0.0232%1h233.29+0.004%$924K$3.9M10xas long as short
Phoenix NBIS+0.0239%1h234.14+0.369%$7K$150K10xas long as short
Entropy io:NBIS+0.0287%1h233.66+0.163%$10.1M$3.2M10xas long as short