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

NBIS

RWAall NBIS markets
SwapBacktest
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 +0.023%
Price spread now: GRVT against SunX+0.046%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$138as in the Funding arb table
Net, price: spread back to 7d avg − costs−$146as in the Price arb table
costs, in and out, $10k−$1511.511% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.135%+$13 on $10k
Price spread, last 3 days (all we have)+0.007%+$1 · spread now +0.046%, 7d avg −0.001%
Together, before fees+0.141%+ Points / potential airdropGRVT: Active · farm board+$14 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: GRVT is 0.047% dearer against SunX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.001%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX NBIS-USDT234.110get 0.0000% / 8h6h 21m$1K$1.7M10x
ShortGRVT NBIS_USDT_Perp234.220get 0.0000% / 8h6h 21m$5K$129K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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

Funding earned
$0
Price spread: +0.046% → −0.001%
$4.73
Slippage, 4 orders
−$134.11
Fee SunX: 4 bp × 2 orders
−$8
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$146.39
Costs to cover
1.511%
Break-even
never at this rate
Slippage from SunX: live order book, 4 min ago; GRVT: live order book, 41 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 4 min ago45.03 bp63.4 bp −$63doesn't fitdoesn't fitdoesn't fit
Sell GRVT live order book, 41 min ago2.55 bp14.6 bp −$1530.1 bp −$301doesn't fitdoesn't fit

NBIS on 30 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%8h234.19+0.034%$5.1M$6.3M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h234.13+0.009%$3.4M$16.4M25xas long as short
Gate NBIS_USDT0.0000%8h234.15+0.017%$2.8M$5.0M50xas long as short
Bitget NBISUSDT0.0000%8h234.13+0.009%$2.4M$4.5M20xas long as short
GRVT NBIS_USDT_Perpshort0.0000%8h234.22+0.046%$5K$129K10x
SunX NBIS-USDTlong0.0000%8h234.11long leg$1K$1.7M10x
Deribit NBIS_USDC-PERPETUAL0.0000%1h234.06−0.021%$35K$48K10xas long as short
HTX NBIS-USDT0.0000%8h234.47+0.154%$15K$60K20xas long as short
Phemex NBISUSDT0.0000%8h234.15+0.017%$1.6M$972K10xas long as short
QFEX NBIS-USD+0.0024%1h234.17+0.026%$1.5M$4.6M10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus NBIS-USD+0.0040%1h234.110.000%$42K$132K5xas long as short
Vest NBIS-USD-PERP+0.0046%1h234.41+0.128%$215K5xas long as short
Polymarket Perps NBIS-USD+0.0050%1h234.110.000%$149K$453K10xas long as short
SoDEX NBIS-USD+0.0050%1h234.13+0.009%$61$20K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h234.27+0.068%$164K$499K10xas long as short
tradeXYZ xyz:NBIS+0.0067%1h234.09−0.009%$54.7M$19.9M10xas long as short
Nado NBIS-PERP+0.0095%1h234.11+0.001%$67K$95K3xas long as short
Kraken Futures PF_NBISUSD+0.0096%1h233.99−0.050%$24K$15K20xas long as short
KuCoin NBISUSDTM+0.0100%8h234.17+0.026%$483K$21K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h234.17+0.026%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h234.15+0.017%10xas long as short
Coinbase International NBIS-PERP-INTX+0.0112%1h233.89−0.094%$383K$714K10xas long as short
Variational Omni NBIS+0.0191%8h234.40+0.122%$2.8M$571Kas long as short
Aster NBISUSDT+0.0199%8h234.38+0.113%$81K$314K50xas long as short
Binance NBISUSDT+0.0216%8h234.17+0.027%$19.2M$84.8M25xas long as short
Extended NBIS-USD+0.0216%1h234.14+0.013%$150K$701K10xas long as short
Lighter NBIS+0.0256%1h234.18+0.030%$904K$4.4M10xas long as short
Phoenix NBIS+0.0306%1h234.33+0.094%$7K$152K10xas long as short
Entropy io:NBIS+0.0429%1h234.20+0.038%$10.2M$3.3M10xas long as short
edgeX NBISUSDC+0.0944%4h234.21+0.043%$38K$226K10xas long as short