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

NBIS

RWAall NBIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0036%/8h= +4.0% APRnext payment +$0.05 per $10,000 · paid last 24h 0.000%
Price spread now: SoDEX against Polymarket Perps+0.031%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 feesneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and SoDEX is 0.031% dearer against Polymarket Perps than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps NBIS-USD228.500.0050pay 0.0006% / 1h21m 49s$136K$466K10x
ShortSoDEX NBIS-USD228.570.0086get 0.0011% / 1h21m 49s$69$20K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
$7.63
Price spread: +0.031% → 0.000%
$3.06
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$5.31
Costs to cover
0.160%
Break-even
11.9 days
Slippage unknown: Polymarket Perps: live order book, 76 min ago; SoDEX: 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 Polymarket Perps live order book, 76 min ago2.60 bp7.9 bp −$88.4 bp −$8434.9 bp −$3,488doesn't fit
Sell SoDEX no order-book sample
SoDEX: 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−0.0210%8h228.86+0.158%$2.3M$4.6M20xas long as short
Coinbase International NBIS-PERP-INTX−0.0008%1h226.87−0.713%$352K$801K10xas long as short
Aster NBISUSDT0.0000%8h228.12−0.168%$73K$320K50xas long as short
Extended NBIS-USD0.0000%1h228.72+0.095%$143K$859K10xas long as short
Binance NBISUSDT0.0000%8h228.77+0.118%$18.4M$89.7M25xas long as short
Bybit NBISUSDT0.0000%8h228.74+0.105%$4.8M$6.7M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h228.78+0.123%$3.2M$16.1M25xas long as short
Gate NBIS_USDT0.0000%8h228.69+0.083%$2.7M$5.2M50xas long as short
Variational Omni NBIS0.0000%8h227.33−0.514%$2.8M$598Kas long as short
GRVT NBIS_USDT_Perp0.0000%8h227.62−0.385%$4K$113K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX NBIS-USDT0.0000%8h228.86+0.158%$1K$1.6M10xas long as short
HTX NBIS-USDT0.0000%8h227.64−0.376%$13K$62K20xas long as short
Phemex NBISUSDT0.0000%8h228.66+0.070%$1.5M$971K10xas long as short
BloFin NBIS-USDT+0.0001%8h228.35−0.066%$202K$212K20xas long as short
Arcus NBIS-USD+0.0040%1h228.81+0.136%$41K$124K5xas long as short
Vest NBIS-USD-PERP+0.0046%1h228.47−0.013%$246K5xas long as short
Polymarket Perps NBIS-USDlong+0.0050%1h228.50long leg$136K$466K10x
Ondo Perps NBIS-USD.P+0.0050%1h228.46−0.018%$146K$532K10xas long as short
Nado NBIS-PERP+0.0062%1h228.38−0.051%$38K$116K3xas long as short
QFEX NBIS-USD+0.0064%1h228.74+0.105%$1.5M$3.7M10xas long as short
SoDEX NBIS-USDshort+0.0086%1h228.57+0.031%$69$20K10x
KuCoin NBISUSDTM+0.0100%8h228.35−0.066%$470K$74K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h228.46−0.018%$2K$3K10xas long as short
tradeXYZ xyz:NBIS+0.0103%1h228.88+0.166%$53.4M$21.6M10xas long as short
Aevo NBIS-PERP+0.0104%1h228.43−0.029%10xas long as short
Lighter NBIS+0.0112%1h228.75+0.109%$900K$4.1M10xas long as short
Deribit NBIS_USDC-PERPETUAL+0.0144%1h228.47−0.013%$34K$49K10xas long as short
edgeX NBISUSDC+0.0199%4h227.59−0.400%$37K$226K10xas long as short
Phoenix NBIS+0.0277%1h227.46−0.455%$7K$125K10xas long as short
Entropy io:NBIS+0.0306%1h228.28−0.096%$9.9M$3.1M10xas long as short
Kraken Futures PF_NBISUSD+0.0683%1h228.56+0.025%$22K$16K20xas long as short