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

NBIS

RWAall NBIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.014%
Price spread now: KuCoin against SoDEX+0.017%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX NBIS-USD230.260.0050pay 0.0006% / 1h37m 54s$92$20K10x
ShortKuCoin NBISUSDTM230.300.0100get 0.0100% / 8h1h 37m$475K$20K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$10.5
Price spread: +0.017% → 0.000%
$1.74
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$7.76
Costs to cover
0.200%
Break-even
12.2 days
Slippage unknown: SoDEX: no order-book sample; KuCoin: live order book, 6 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 KuCoin live order book, 6 min ago23.88 bp62.1 bp −$62doesn't fitdoesn'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
Bitget NBISUSDT−0.0518%8h230.39+0.056%$2.3M$4.5M20xas long as short
Aster NBISUSDT0.0000%8h230.39+0.058%$84K$311K50xas long as short
Extended NBIS-USD0.0000%1h230.33+0.032%$144K$662K10xas long as short
Binance NBISUSDT0.0000%8h230.35+0.039%$18.5M$87.3M25xas long as short
Bybit NBISUSDT0.0000%8h230.36+0.043%$4.9M$6.6M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h230.36+0.043%$3.3M$16.1M25xas long as short
Gate NBIS_USDT0.0000%8h230.36+0.043%$2.7M$5.1M50xas long as short
Variational Omni NBIS0.0000%8h230.48+0.095%$2.8M$602Kas long as short
GRVT NBIS_USDT_Perp0.0000%8h230.55+0.127%$5K$116K10xas long as short
SunX NBIS-USDT0.0000%8h230.42+0.069%$1K$1.6M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit NBIS_USDC-PERPETUAL0.0000%1h230.260.000%$34K$49K10xas long as short
HTX NBIS-USDT0.0000%8h230.50+0.104%$15K$57K20xas long as short
Phemex NBISUSDT0.0000%8h230.34+0.035%$1.6M$962K10xas long as short
BloFin NBIS-USDT+0.0003%8h230.40+0.061%$204K$205K20xas long as short
Arcus NBIS-USD+0.0040%1h230.37+0.048%$42K$132K5xas long as short
Vest NBIS-USD-PERP+0.0046%1h230.29+0.013%$221K5xas long as short
Polymarket Perps NBIS-USD+0.0050%1h230.24−0.009%$137K$473K10xas long as short
SoDEX NBIS-USDlong+0.0050%1h230.26long leg$92$20K10x
Ondo Perps NBIS-USD.P+0.0050%1h230.45+0.083%$152K$547K10xas long as short
QFEX NBIS-USD+0.0056%1h230.46+0.087%$1.5M$3.8M10xas long as short
Nado NBIS-PERP+0.0076%1h230.24−0.008%$37K$115K3xas long as short
KuCoin NBISUSDTMshort+0.0100%8h230.30+0.017%$475K$20K20x
Orderly PERP_NBIS_USDC_mythos+0.0100%8h230.33+0.030%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h230.27+0.004%10xas long as short
Coinbase International NBIS-PERP-INTX+0.0120%1h230.39+0.056%$351K$812K10xas long as short
tradeXYZ xyz:NBIS+0.0125%1h230.31+0.022%$54.2M$20.9M10xas long as short
Lighter NBIS+0.0216%1h230.37+0.048%$947K$4.0M10xas long as short
Phoenix NBIS+0.0311%1h230.47+0.091%$7K$150K10xas long as short
Entropy io:NBIS+0.0362%1h230.49+0.100%$10.0M$3.1M10xas long as short
edgeX NBISUSDC+0.0496%4h230.48+0.096%$37K$226K10xas long as short
Kraken Futures PF_NBISUSD+0.0686%1h230.21−0.023%$23K$15K20xas long as short