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

NBIS

RWAall NBIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.014%
Price spread now: Orderly against SoDEX+0.042%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 +$2 a day on $10k at the current rate, and Orderly is 0.042% 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-USD235.600.0050pay 0.0006% / 1h39m 40s$5$21K10x
ShortOrderly PERP_NBIS_USDC_mythos235.700.0100get 0.0100% / 8h4h 39m$2K$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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: +0.042% → 0.000%
$4.24
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Orderly: 3 bp × 2 orders
−$6
Net
$0.74
Costs to cover
0.140%
Break-even
6.5 days
Slippage unknown: SoDEX: no order-book sample; 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 SoDEX no order-book sample
Sell Orderly no order-book sample
SoDEX and 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
Nado NBIS-PERP−0.0169%1h235.65+0.021%$38K$115K3xas long as short
Bybit NBISUSDT0.0000%8h235.62+0.008%$5.1M$6.2M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h235.52−0.034%$3.4M$16.2M25xas long as short
Gate NBIS_USDT0.0000%8h235.58−0.008%$2.8M$5.0M50xas long as short
Bitget NBISUSDT0.0000%8h235.56−0.017%$2.4M$4.4M20xas long as short
GRVT NBIS_USDT_Perp0.0000%8h235.75+0.064%$5K$119K10xas long as short
SunX NBIS-USDT0.0000%8h235.85+0.106%$1K$1.7M10xas long as short
Deribit NBIS_USDC-PERPETUAL0.0000%1h235.66+0.025%$35K$48K10xas long as short
HTX NBIS-USDT0.0000%8h235.77+0.072%$15K$60K20xas long as short
Phemex NBISUSDT0.0000%8h235.58−0.008%$1.6M$958K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni NBIS+0.0033%8h235.81+0.088%$2.9M$572Kas long as short
QFEX NBIS-USD+0.0038%1h235.51−0.038%$1.5M$4.2M10xas long as short
Arcus NBIS-USD+0.0040%1h235.47−0.055%$43K$132K5xas long as short
Vest NBIS-USD-PERP+0.0046%1h235.97+0.157%$216K5xas long as short
tradeXYZ xyz:NBIS+0.0050%1h235.42−0.076%$54.9M$19.8M10xas long as short
Polymarket Perps NBIS-USD+0.0050%1h235.67+0.030%$149K$453K10xas long as short
SoDEX NBIS-USDlong+0.0050%1h235.60long leg$5$21K10x
Ondo Perps NBIS-USD.P+0.0050%1h235.63+0.013%$161K$504K10xas long as short
Coinbase International NBIS-PERP-INTX+0.0056%1h235.35−0.106%$389K$724K10xas long as short
Lighter NBIS+0.0072%1h235.56−0.017%$899K$4.0M10xas long as short
Aster NBISUSDT+0.0079%8h235.51−0.036%$79K$310K50xas long as short
Extended NBIS-USD+0.0080%1h235.51−0.036%$147K$702K10xas long as short
Binance NBISUSDT+0.0083%8h235.58−0.008%$19.4M$84.6M25xas long as short
KuCoin NBISUSDTM+0.0100%8h235.37−0.098%$485K$21K20xas long as short
Orderly PERP_NBIS_USDC_mythosshort+0.0100%8h235.70+0.042%$2K$3K10x
BloFin NBIS-USDT+0.0100%8h235.83+0.098%$207K$205K20xas long as short
Aevo NBIS-PERP+0.0104%1h235.69+0.040%10xas long as short
Phoenix NBIS+0.0272%1h235.68+0.034%$7K$150K10xas long as short
edgeX NBISUSDC+0.0307%4h235.68+0.034%$38K$225K10xas long as short
Entropy io:NBIS+0.0418%1h235.55−0.021%$10.2M$3.2M10xas long as short
Kraken Futures PF_NBISUSD+0.0476%1h235.51−0.039%$24K$15K20xas long as short