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

NBIS

RWAall NBIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.014%
Price spread now: KuCoin against Polymarket Perps−0.043%7-day average −0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$291as in the Funding arb table
Net, price: spread back to 7d avg − costs−$301as in the Price arb table
costs, in and out, $10k−$3023.022% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.111%+$11 on $10k
Price spread, last 4 days (all we have)−0.065%−$7 · spread now −0.043%, 7d avg −0.051%
Together, before fees+0.046%+$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.051%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps NBIS-USD232.160.0050pay 0.0006% / 1h5m 31s$138K$473K10x
ShortKuCoin NBISUSDTM232.060.0100get 0.0100% / 8h2h 05m$478K$20K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$10.5
Price spread: −0.043% → −0.051%
$0.84
Slippage, 4 orders
−$282.19
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$290.86
Costs to cover
3.022%
Break-even
200.9 days
Slippage from Polymarket Perps: live order book, 42 min ago; KuCoin: live order book, 53 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, 42 min ago1.73 bp7.4 bp −$77.8 bp −$7832.0 bp −$3,204doesn't fit
Sell KuCoin live order book, 53 min ago28.27 bp155.0 bp −$155doesn'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
Bitget NBISUSDT−0.0417%8h232.31+0.065%$2.3M$4.6M20xas long as short
BloFin NBIS-USDT−0.0009%8h232.38+0.095%$203K$206K20xas long as short
Aster NBISUSDT0.0000%8h232.06−0.043%$85K$311K50xas long as short
Extended NBIS-USD0.0000%1h232.26+0.045%$146K$753K10xas long as short
Binance NBISUSDT0.0000%8h232.25+0.039%$18.6M$87.0M25xas long as short
Bybit NBISUSDT0.0000%8h232.28+0.052%$4.9M$6.5M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h232.31+0.065%$3.3M$16.2M25xas long as short
Gate NBIS_USDT0.0000%8h232.30+0.060%$2.7M$5.1M50xas long as short
Variational Omni NBIS0.0000%8h232.29+0.058%$2.8M$602Kas long as short
GRVT NBIS_USDT_Perp0.0000%8h232.27+0.046%$5K$117K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX NBIS-USDT0.0000%8h232.35+0.082%$1K$1.6M10xas long as short
HTX NBIS-USDT0.0000%8h232.23+0.030%$15K$61K20xas long as short
Phemex NBISUSDT0.0000%8h232.34+0.078%$1.6M$957K10xas long as short
QFEX NBIS-USD+0.0029%1h232.17+0.004%$1.5M$3.9M10xas long as short
Arcus NBIS-USD+0.0040%1h232.11−0.022%$42K$132K5xas long as short
Vest NBIS-USD-PERP+0.0046%1h232.24+0.034%$220K5xas long as short
Polymarket Perps NBIS-USDlong+0.0050%1h232.16long leg$138K$473K10x
Ondo Perps NBIS-USD.P+0.0050%1h232.29+0.056%$151K$548K10xas long as short
Nado NBIS-PERP+0.0051%1h232.02−0.060%$38K$115K3xas long as short
KuCoin NBISUSDTMshort+0.0100%8h232.06−0.043%$478K$20K20x
Orderly PERP_NBIS_USDC_mythos+0.0100%8h232.27+0.047%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h232.23+0.030%10xas long as short
tradeXYZ xyz:NBIS+0.0114%1h232.160.000%$54.6M$21.1M10xas long as short
SoDEX NBIS-USD+0.0153%1h232.30+0.060%$79$20K10xas long as short
Coinbase International NBIS-PERP-INTX+0.0168%1h232.18+0.009%$352K$816K10xas long as short
Kraken Futures PF_NBISUSD+0.0222%1h232.29+0.057%$23K$15K20xas long as short
Phoenix NBIS+0.0242%1h232.20+0.017%$7K$150K10xas long as short
Lighter NBIS+0.0272%1h232.25+0.039%$939K$4.0M10xas long as short
Entropy io:NBIS+0.0400%1h232.07−0.039%$10.1M$3.2M10xas long as short
edgeX NBISUSDC+0.0630%4h232.29+0.056%$37K$226K10xas long as short
Deribit NBIS_USDC-PERPETUAL+0.0785%1h232.21+0.022%$34K$49K10xas long as short