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

NBIS

RWAall NBIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.00 per $10,000 · paid last 24h −0.024%
Price spread now: QFEX against SoDEX−0.017%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
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX NBIS-USD235.090.0050pay 0.0006% / 1h15m 45s$28$20K10x
ShortQFEX NBIS-USD235.050.0051get 0.0006% / 1h15m 45s$1.5M$5.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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
$0.18
Price spread: −0.017% → 0.000%
−$1.7
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$19.52
Costs to cover
0.180%
Break-even
746.3 days
Slippage unknown: SoDEX: no order-book sample; QFEX: live order book, 3 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 QFEX live order book, 3 min ago2.34 bp7.3 bp −$79.2 bp −$92doesn'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%8h235.01−0.034%$5.2M$6.5M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h234.95−0.060%$3.4M$17.1M25xas long as short
Gate NBIS_USDT0.0000%8h235.05−0.017%$2.8M$5.3M50xas long as short
Bitget NBISUSDT0.0000%8h234.94−0.064%$2.5M$4.8M20xas long as short
SunX NBIS-USDT0.0000%8h235.04−0.021%$1K$1.8M10xas long as short
Deribit NBIS_USDC-PERPETUAL0.0000%1h234.97−0.051%$35K$48K10xas long as short
Coinbase International NBIS-PERP-INTX0.0000%1h233.76−0.566%$358K$675K10xas long as short
HTX NBIS-USDT0.0000%8h235.07−0.009%$15K$115K20xas long as short
Phemex NBISUSDT0.0000%8h235.11+0.009%$1.6M$975K10xas long as short
Vest NBIS-USD-PERP+0.0046%1h235.27+0.077%$234K5xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps NBIS-USD+0.0050%1h235.090.000%$150K$723K10xas long as short
SoDEX NBIS-USDlong+0.0050%1h235.09long leg$28$20K10x
QFEX NBIS-USDshort+0.0051%1h235.05−0.017%$1.5M$5.2M10x
Ondo Perps NBIS-USD.P+0.0070%1h234.89−0.085%$174K$499K10xas long as short
KuCoin NBISUSDTM+0.0100%8h234.87−0.094%$484K$25K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h235.090.000%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h235.12+0.012%10xas long as short
Nado NBIS-PERP+0.0196%1h234.92−0.072%$28K$63K3xas long as short
Variational Omni NBIS+0.0221%8h235.11+0.007%$2.9M$822Kas long as short
Aster NBISUSDT+0.0235%8h235.20+0.045%$81K$308K50xas long as short
Kraken Futures PF_NBISUSD+0.0248%1h234.80−0.123%$24K$14K20xas long as short
GRVT NBIS_USDT_Perp+0.0250%8h235.07−0.009%$5K$139K10xas long as short
Binance NBISUSDT+0.0253%8h234.97−0.051%$19.4M$86.5M25xas long as short
Extended NBIS-USD+0.0256%1h235.08−0.006%$141K$701K10xas long as short
BloFin NBIS-USDT+0.0264%8h235.12+0.013%$206K$214K20xas long as short
Arcus NBIS-USD+0.0269%1h235.04−0.021%$44K$134K5xas long as short
tradeXYZ xyz:NBIS+0.0305%1h235.04−0.021%$54.8M$23.4M10xas long as short
Phoenix NBIS+0.0376%1h235.07−0.009%$7K$163K10xas long as short
Lighter NBIS+0.0376%1h235.04−0.021%$933K$4.6M10xas long as short
Entropy io:NBIS+0.0489%1h234.92−0.072%$10.3M$3.4M10xas long as short
edgeX NBISUSDC+0.0895%4h235.03−0.026%$38K$235K10xas long as short