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−0.0050%/8h= −5.5% APRpaid last 24h −0.036%
Price spread now: SunX against SoDEX+0.064%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 pays, funding is against you. SunX is 0.064% dearer against SoDEX than usual: you sell high and buy low (spread +0.064% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.3 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX NBIS-USD234.890.0050pay 0.0006% / 1h14m 46s$38$20K10x
ShortSunX NBIS-USDT235.040get 0.0000% / 8h14m 46s$1K$1.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: +0.064% → 0.000%
$6.39
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee SunX: 4 bp × 2 orders
−$8
Net
−$20.11
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: SoDEX: no order-book sample; SunX: live order book, 11 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 SunX live order book, 11 min ago44.93 bp64.1 bp −$64doesn'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
Bybit NBISUSDT0.0000%8h234.90+0.004%$5.2M$6.5M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h234.93+0.017%$3.4M$17.1M25xas long as short
Gate NBIS_USDT0.0000%8h234.90+0.004%$2.8M$5.3M50xas long as short
Bitget NBISUSDT0.0000%8h234.93+0.017%$2.5M$4.8M20xas long as short
SunX NBIS-USDTshort0.0000%8h235.04+0.064%$1K$1.8M10x
Deribit NBIS_USDC-PERPETUAL0.0000%1h234.82−0.030%$35K$48K10xas long as short
Coinbase International NBIS-PERP-INTX0.0000%1h234.81−0.034%$360K$679K10xas long as short
HTX NBIS-USDT0.0000%8h235.07+0.077%$15K$115K20xas long as short
Phemex NBISUSDT0.0000%8h234.92+0.013%$1.6M$975K10xas long as short
Vest NBIS-USD-PERP+0.0046%1h235.15+0.111%$234K5xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps NBIS-USD+0.0050%1h234.95+0.026%$142K$738K10xas long as short
SoDEX NBIS-USDlong+0.0050%1h234.89long leg$38$20K10x
QFEX NBIS-USD+0.0051%1h234.92+0.013%$1.5M$5.2M10xas long as short
Ondo Perps NBIS-USD.P+0.0061%1h234.98+0.038%$174K$499K10xas long as short
KuCoin NBISUSDTM+0.0100%8h234.73−0.068%$484K$25K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h234.90+0.004%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h234.92+0.013%10xas long as short
Nado NBIS-PERP+0.0197%1h234.80−0.038%$28K$63K3xas long as short
Variational Omni NBIS+0.0221%8h235.11+0.092%$2.9M$822Kas long as short
Aster NBISUSDT+0.0235%8h235.15+0.109%$81K$308K50xas long as short
BloFin NBIS-USDT+0.0247%8h234.93+0.017%$206K$214K20xas long as short
Kraken Futures PF_NBISUSD+0.0248%1h234.63−0.110%$24K$15K20xas long as short
GRVT NBIS_USDT_Perp+0.0249%8h235.06+0.071%$5K$138K10xas long as short
Binance NBISUSDT+0.0253%8h234.94+0.021%$19.4M$86.5M25xas long as short
Extended NBIS-USD+0.0256%1h234.89−0.002%$139K$703K10xas long as short
Arcus NBIS-USD+0.0269%1h234.94+0.021%$44K$134K5xas long as short
tradeXYZ xyz:NBIS+0.0305%1h235.03+0.060%$54.8M$23.4M10xas long as short
Lighter NBIS+0.0368%1h235.00+0.047%$930K$4.6M10xas long as short
Phoenix NBIS+0.0376%1h235.07+0.077%$7K$163K10xas long as short
Entropy io:NBIS+0.0490%1h234.93+0.017%$10.3M$3.4M10xas long as short
edgeX NBISUSDC+0.0874%4h235.04+0.064%$38K$236K10xas long as short