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+0.0131%/8h= +14.4% APRnext payment +$0.16 per $10,000 · paid last 24h +0.067%
Price spread now: tradeXYZ against QFEX+0.013%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$370.369% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.100%+$10 on $10k
Price spread, last 7 days−0.013%−$1 · spread now +0.013%, 7d avg +0.010%
Together, before fees+0.087%+ Points / potential airdroptradeXYZ: Active · farm board+$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.010%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX NBIS-USD234.670.0024pay 0.0003% / 1h56m 31s$1.5M$4.9M10x
ShorttradeXYZ xyz:NBIS234.700.0155get 0.0019% / 1h56m 31s$54.9M$23.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$27.57
Price spread: +0.013% → +0.010%
$0.3
Slippage, 4 orders
−$8.92
Fee QFEX: 5 bp × 2 orders
−$10
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$9.04
Costs to cover
0.369%
Break-even
9.3 days
Slippage from QFEX: live order book, 12 min ago; tradeXYZ: live order book, 3 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 QFEX live order book, 12 min ago2.12 bp7.1 bp −$78.0 bp −$80doesn't fitdoesn't fit
Sell tradeXYZ live order book, 3 min ago1.06 bp11.0 bp −$1114.8 bp −$148doesn'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
Bybit NBISUSDT0.0000%8h234.65−0.009%$5.1M$6.4M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h234.78+0.047%$3.4M$16.7M25xas long as short
Gate NBIS_USDT0.0000%8h234.78+0.047%$2.8M$5.0M50xas long as short
SunX NBIS-USDT0.0000%8h234.84+0.072%$1K$1.7M10xas long as short
HTX NBIS-USDT0.0000%8h235.61+0.401%$15K$66K20xas long as short
Phemex NBISUSDT0.0000%8h234.86+0.081%$1.6M$972K10xas long as short
QFEX NBIS-USDlong+0.0024%1h234.67long leg$1.5M$4.9M10x
Arcus NBIS-USD+0.0040%1h235.15+0.205%$43K$135K5xas long as short
Vest NBIS-USD-PERP+0.0046%1h235.01+0.145%$223K5xas long as short
Deribit NBIS_USDC-PERPETUAL+0.0048%1h234.75+0.034%$35K$48K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps NBIS-USD+0.0050%1h234.66−0.004%$142K$462K10xas long as short
SoDEX NBIS-USD+0.0050%1h234.84+0.072%$89$20K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h234.79+0.051%$169K$505K10xas long as short
Bitget NBISUSDT+0.0078%8h234.77+0.043%$2.5M$4.6M20xas long as short
Nado NBIS-PERP+0.0091%1h234.62−0.021%$31K$66K3xas long as short
Kraken Futures PF_NBISUSD+0.0095%1h234.66−0.004%$24K$15K20xas long as short
KuCoin NBISUSDTM+0.0100%8h234.75+0.034%$484K$22K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h234.88+0.089%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h234.86+0.083%10xas long as short
Coinbase International NBIS-PERP-INTX+0.0112%1h236.05+0.588%$386K$736K10xas long as short
tradeXYZ xyz:NBISshort+0.0155%1h234.70+0.013%$54.9M$23.7M10x
Aster NBISUSDT+0.0257%8h235.00+0.141%$81K$308K50xas long as short
BloFin NBIS-USDT+0.0260%8h234.84+0.072%$206K$210K20xas long as short
Variational Omni NBIS+0.0263%8h235.53+0.366%$2.9M$591Kas long as short
Binance NBISUSDT+0.0278%8h234.75+0.033%$19.5M$85.4M25xas long as short
Extended NBIS-USD+0.0280%1h234.73+0.027%$151K$705K10xas long as short
Lighter NBIS+0.0288%1h234.81+0.060%$913K$4.4M10xas long as short
Entropy io:NBIS+0.0314%1h235.13+0.196%$10.3M$3.4M10xas long as short
GRVT NBIS_USDT_Perp+0.0325%8h235.40+0.311%$5K$131K10xas long as short
Phoenix NBIS+0.0409%1h235.10+0.183%$7K$152K10xas long as short
edgeX NBISUSDC+0.0967%4h235.39+0.306%$38K$225K10xas long as short