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+0.0026%/8h= +2.9% APRnext payment +$0.03 per $10,000 · paid last 24h +0.013%
Price spread now: Deribit against SoDEX−0.009%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX NBIS-USD231.960.0112pay 0.0014% / 1h1m 14s$70$20K10x
ShortDeribit NBIS_USDC-PERPETUAL231.940.0138get 0.0017% / 1h1m 14s$34K$49K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
$5.48
Price spread: −0.009% → 0.000%
−$0.86
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$10.39
Costs to cover
0.150%
Break-even
20.3 days
Slippage unknown: SoDEX: no order-book sample; Deribit: 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 SoDEX no order-book sample
Sell Deribit no order-book sample
SoDEX and Deribit: 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−0.0393%8h232.03+0.030%$2.3M$4.6M20xas long as short
BloFin NBIS-USDT−0.0030%8h232.05+0.039%$203K$206K20xas long as short
Aster NBISUSDT0.0000%8h231.89−0.030%$85K$311K50xas long as short
Extended NBIS-USD0.0000%1h231.960.000%$146K$753K10xas long as short
Binance NBISUSDT0.0000%8h232.03+0.032%$18.6M$87.1M25xas long as short
Bybit NBISUSDT0.0000%8h232.03+0.030%$4.9M$6.5M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h232.00+0.017%$3.3M$16.2M25xas long as short
Gate NBIS_USDT0.0000%8h232.05+0.039%$2.7M$5.1M50xas long as short
Variational Omni NBIS0.0000%8h232.29+0.144%$2.8M$602Kas long as short
GRVT NBIS_USDT_Perp0.0000%8h231.93−0.013%$5K$116K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX NBIS-USDT0.0000%8h232.02+0.026%$1K$1.6M10xas long as short
HTX NBIS-USDT0.0000%8h232.09+0.056%$15K$61K20xas long as short
Phemex NBISUSDT0.0000%8h232.03+0.030%$1.6M$959K10xas long as short
QFEX NBIS-USD+0.0029%1h232.01+0.022%$1.5M$3.9M10xas long as short
Arcus NBIS-USD+0.0040%1h231.89−0.030%$42K$132K5xas long as short
Vest NBIS-USD-PERP+0.0046%1h231.83−0.056%$220K5xas long as short
Polymarket Perps NBIS-USD+0.0050%1h231.93−0.013%$138K$473K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h231.68−0.121%$151K$547K10xas long as short
Nado NBIS-PERP+0.0059%1h231.90−0.026%$38K$115K3xas long as short
KuCoin NBISUSDTM+0.0100%8h231.81−0.065%$478K$20K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h232.01+0.022%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h231.97+0.005%10xas long as short
SoDEX NBIS-USDlong+0.0112%1h231.96long leg$70$20K10x
tradeXYZ xyz:NBIS+0.0127%1h231.90−0.026%$54.5M$21.1M10xas long as short
Deribit NBIS_USDC-PERPETUALshort+0.0138%1h231.94−0.009%$34K$49K10x
Coinbase International NBIS-PERP-INTX+0.0168%1h232.18+0.095%$352K$816K10xas long as short
Kraken Futures PF_NBISUSD+0.0222%1h232.04+0.034%$23K$15K20xas long as short
Phoenix NBIS+0.0242%1h232.20+0.103%$7K$150K10xas long as short
Lighter NBIS+0.0272%1h232.07+0.047%$941K$4.0M10xas long as short
Entropy io:NBIS+0.0402%1h231.95−0.004%$10.1M$3.2M10xas long as short
edgeX NBISUSDC+0.0533%4h231.91−0.020%$37K$227K10xas long as short