Funding arb · Price arb /

NBIS

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.038%

Price spread now: Aster against SunX+0.024%56s7-day average 0.000% · you sell dearer than you buy

Net, funding: paid 7d − costs−$187as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$2002.003% of the position

Long on SunX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.130%+$13 on $10k

Price spread, last 4 days (all we have)+0.038%+$4 · spread now +0.024%, 7d avg 0.000%

Together, before fees+0.168%+ Points / potential airdropAster: Stage 5 · farm board+$17 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.024% dearer against SunX than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of 0.000%. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX NBIS-USDT	231.20	0	get 0.0000% / 8h	2h 17m	$1K	$1.6M	10x
Short	Aster NBISUSDT	231.26	0	get 0.0000% / 8h	2h 17m	$84K	$311K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against SunX. 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

Position, each leg$Hold fordaysFee SunXbpFee AsterbpOrdersPrice spread, now +0.024%Rate

Funding earned: $0
Price spread: +0.024% → 0.000%: $2.41
Slippage, 4 orders: −$184.35
Fee SunX: 4 bp × 2 orders: −$8
Fee Aster: 4 bp × 2 orders: −$8
Net: −$197.94
Costs to cover: 2.003%
Break-even: never at this rate

Slippage from SunX: live order book, 8 min ago; Aster: live order book, 30 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy SunX live order book, 8 min ago	45.14 bp	63.4 bp −$63	doesn't fit	doesn't fit	doesn't fit
Sell Aster live order book, 30 min ago	3.45 bp	26.4 bp −$26	1766.0 bp −$17.7K	doesn't fit	doesn't fit

NBIS on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget NBISUSDT	−0.0532%	8h	231.36	+0.069%	$2.3M	$4.6M	20x	as long as short
Aster NBISUSDTshort	0.0000%	8h	231.26	+0.024%	$84K	$311K	50x
Extended NBIS-USD	0.0000%	1h	231.41	+0.091%	$146K	$753K	10x	as long as short
Binance NBISUSDT	0.0000%	8h	231.24	+0.016%	$18.5M	$86.8M	25x	as long as short
Bybit NBISUSDT	0.0000%	8h	231.37	+0.074%	$4.9M	$6.5M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	231.33	+0.056%	$3.3M	$16.1M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	231.45	+0.108%	$2.7M	$5.1M	50x	as long as short
Variational Omni NBIS	0.0000%	8h	230.88	−0.139%	$2.9M	$554K	—	as long as short
GRVT NBIS_USDT_Perp	0.0000%	8h	231.22	+0.009%	$5K	$118K	10x	as long as short
SunX NBIS-USDTlong	0.0000%	8h	231.20	long leg	$1K	$1.6M	10x

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX NBIS-USDT	0.0000%	8h	230.91	−0.125%	$15K	$61K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	231.52	+0.138%	$1.6M	$955K	10x	as long as short
BloFin NBIS-USDT	+0.0021%	8h	231.27	+0.030%	$205K	$205K	20x	as long as short
QFEX NBIS-USD	+0.0029%	1h	231.37	+0.074%	$1.5M	$3.9M	10x	as long as short
Nado NBIS-PERP	+0.0033%	1h	231.36	+0.069%	$38K	$115K	3x	as long as short
Arcus NBIS-USD	+0.0040%	1h	231.02	−0.078%	$42K	$132K	5x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	231.29	+0.039%	—	$220K	5x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	231.38	+0.078%	$137K	$473K	10x	as long as short
SoDEX NBIS-USD	+0.0050%	1h	231.43	+0.099%	$116	$20K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	231.36	+0.069%	$152K	$541K	10x	as long as short
tradeXYZ xyz:NBIS	+0.0079%	1h	231.33	+0.056%	$54.3M	$20.9M	10x	as long as short
edgeX NBISUSDC	+0.0086%	4h	230.87	−0.144%	$37K	$227K	10x	as long as short
Deribit NBIS_USDC-PERPETUAL	+0.0096%	1h	231.03	−0.074%	$34K	$49K	10x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	231.24	+0.017%	$477K	$20K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	231.26	+0.026%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	231.22	+0.009%	—	—	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0168%	1h	230.62	−0.251%	$353K	$792K	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0223%	1h	231.41	+0.090%	$23K	$15K	20x	as long as short
Phoenix NBIS	+0.0242%	1h	230.82	−0.164%	$7K	$150K	10x	as long as short
Lighter NBIS	+0.0256%	1h	231.46	+0.112%	$944K	$4.0M	10x	as long as short
Entropy io:NBIS	+0.0338%	1h	231.16	−0.017%	$10.0M	$3.2M	10x	as long as short