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

NBIS

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0182%/8h= +19.9% APRpaid last 24h +0.037%
Price spread now: BloFin against SoDEX+0.038%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 3 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 +$5 a day on $10k at the current rate, and BloFin is 0.038% dearer against SoDEX than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX NBIS-USD234.380.0050pay 0.0006% / 1h40m 44s$28$20K10x
ShortBloFin NBIS-USDT234.470.0232get 0.0232% / 8h40m 44s$205K$214K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against SoDEX. 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
$38.26
Price spread: +0.038% → 0.000%
$3.84
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
$22.1
Costs to cover
0.200%
Break-even
3.0 days
Slippage unknown: SoDEX: no order-book sample; BloFin: live order book, 29 min ago. 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 SoDEX no order-book sample
Sell BloFin live order book, 29 min ago0.86 bp7.9 bp −$815.8 bp −$158doesn't fitdoesn't fit
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
Bybit NBISUSDT0.0000%8h234.39+0.004%$5.2M$6.5M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h234.48+0.043%$3.4M$17.0M25xas long as short
Gate NBIS_USDT0.0000%8h234.41+0.013%$2.8M$5.3M50xas long as short
Bitget NBISUSDT0.0000%8h234.41+0.013%$2.5M$4.8M20xas long as short
SunX NBIS-USDT0.0000%8h234.40+0.009%$909$1.8M10xas long as short
Deribit NBIS_USDC-PERPETUAL0.0000%1h234.36−0.009%$35K$48K10xas long as short
Coinbase International NBIS-PERP-INTX0.0000%1h233.76−0.265%$358K$676K10xas long as short
HTX NBIS-USDT0.0000%8h234.46+0.034%$15K$115K20xas long as short
Phemex NBISUSDT0.0000%8h234.380.000%$1.6M$967K10xas long as short
Vest NBIS-USD-PERP+0.0046%1h234.49+0.047%$234K5xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps NBIS-USD+0.0050%1h234.380.000%$147K$706K10xas long as short
SoDEX NBIS-USDlong+0.0050%1h234.38long leg$28$20K10x
QFEX NBIS-USD+0.0051%1h234.34−0.017%$1.5M$5.1M10xas long as short
KuCoin NBISUSDTM+0.0100%8h234.26−0.051%$483K$25K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h234.380.000%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h234.43+0.020%10xas long as short
Variational Omni NBIS+0.0202%8h234.45+0.030%$2.9M$821Kas long as short
Nado NBIS-PERP+0.0207%1h234.25−0.055%$28K$63K3xas long as short
Aster NBISUSDT+0.0223%8h234.33−0.022%$79K$306K50xas long as short
BloFin NBIS-USDTshort+0.0232%8h234.47+0.038%$205K$214K20x
Binance NBISUSDT+0.0236%8h234.42+0.017%$19.4M$86.3M25xas long as short
Ondo Perps NBIS-USD.P+0.0236%1h234.33−0.021%$174K$498K10xas long as short
Extended NBIS-USD+0.0240%1h234.380.000%$142K$697K10xas long as short
Kraken Futures PF_NBISUSD+0.0249%1h234.15−0.099%$24K$13K20xas long as short
GRVT NBIS_USDT_Perp+0.0252%8h234.45+0.031%$5K$140K10xas long as short
Arcus NBIS-USD+0.0269%1h234.41+0.013%$44K$134K5xas long as short
tradeXYZ xyz:NBIS+0.0270%1h234.47+0.038%$54.7M$23.3M10xas long as short
Lighter NBIS+0.0368%1h234.57+0.081%$934K$4.6M10xas long as short
Phoenix NBIS+0.0376%1h234.52+0.060%$7K$163K10xas long as short
edgeX NBISUSDC+0.0502%4h234.37−0.003%$38K$236K10xas long as short
Entropy io:NBIS+0.0503%1h234.43+0.021%$10.2M$3.4M10xas long as short