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

NBIS

RWAall NBIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0062%/8h= +6.8% APRpaid last 24h +0.018%
Price spread now: Orderly against QFEX−0.025%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Orderly is 0.025% cheaper against QFEX than usual: you would sell low and buy high (spread −0.025% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 33 hours of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX NBIS-USD236.330.0038pay 0.0005% / 1h27m 51s$1.5M$5.0M10x
ShortOrderly PERP_NBIS_USDC_mythos236.270.0100get 0.0100% / 8h7h 27m$2K$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against QFEX. 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
$12.97
Price spread: −0.025% → 0.000%
−$2.54
Slippage, 4 orders
no order book: not counted
Fee QFEX: 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$5.57
Costs to cover
0.160%
Break-even
10.0 days
Slippage unknown: QFEX: live order book, 6 min ago; Orderly: 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 QFEX live order book, 6 min ago2.34 bp8.5 bp −$912.2 bp −$122doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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
Kraken Futures PF_NBISUSD−0.0178%1h236.18−0.066%$24K$15K20xas long as short
OKX NBIS-USDT-SWAP0.0000%8h236.11−0.093%$3.4M$16.8M25xas long as short
SunX NBIS-USDT0.0000%8h236.28−0.021%$1K$1.7M10xas long as short
HTX NBIS-USDT0.0000%8h235.80−0.224%$15K$112K20xas long as short
Phemex NBISUSDT0.0000%8h236.22−0.047%$1.6M$972K10xas long as short
Deribit NBIS_USDC-PERPETUAL+0.0004%1h236.14−0.080%$35K$48K10xas long as short
Coinbase International NBIS-PERP-INTX+0.0016%1h236.05−0.118%$386K$739K10xas long as short
QFEX NBIS-USDlong+0.0038%1h236.33long leg$1.5M$5.0M10x
Vest NBIS-USD-PERP+0.0046%1h236.49+0.068%$224K5xas long as short
Gate NBIS_USDT+0.0048%8h236.17−0.068%$2.8M$5.1M50xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps NBIS-USD.P+0.0050%1h235.64−0.292%$175K$504K10xas long as short
Bitget NBISUSDT+0.0070%8h236.20−0.055%$2.5M$4.6M20xas long as short
Bybit NBISUSDT+0.0094%8h236.18−0.063%$5.1M$6.5M50xas long as short
KuCoin NBISUSDTM+0.0100%8h235.95−0.161%$487K$23K20xas long as short
Orderly PERP_NBIS_USDC_mythosshort+0.0100%8h236.27−0.025%$2K$3K10x
Aevo NBIS-PERP+0.0104%1h236.22−0.047%10xas long as short
Nado NBIS-PERP+0.0191%1h236.25−0.034%$31K$66K3xas long as short
SoDEX NBIS-USD+0.0192%1h236.14−0.080%$52$20K10xas long as short
Variational Omni NBIS+0.0230%8h235.75−0.246%$2.9M$820Kas long as short
BloFin NBIS-USDT+0.0241%8h236.13−0.085%$207K$212K20xas long as short
Aster NBISUSDT+0.0248%8h235.97−0.153%$82K$308K50xas long as short
Extended NBIS-USD+0.0264%1h236.18−0.064%$151K$905K10xas long as short
Binance NBISUSDT+0.0268%8h236.24−0.037%$19.7M$85.7M25xas long as short
Lighter NBIS+0.0328%1h236.25−0.034%$929K$4.5M10xas long as short
Polymarket Perps NBIS-USD+0.0357%1h236.39+0.025%$136K$433K10xas long as short
Arcus NBIS-USD+0.0366%1h235.75−0.245%$44K$132K5xas long as short
Phoenix NBIS+0.0409%1h236.14−0.080%$7K$163K10xas long as short
GRVT NBIS_USDT_Perp+0.0435%8h235.71−0.263%$5K$133K10xas long as short
tradeXYZ xyz:NBIS+0.0455%1h236.08−0.106%$55.3M$23.7M10xas long as short
edgeX NBISUSDC+0.0550%4h235.72−0.256%$38K$229K10xas long as short
Entropy io:NBIS+0.0905%1h235.92−0.173%$10.3M$3.4M10xas long as short