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 +0.021%
Price spread now: Polymarket Perps against SunX0.000%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$130as in the Funding arb table
Net, price: spread back to 7d avg − costs−$137as in the Price arb table
costs, in and out, $10k−$1381.376% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.078%+$8 on $10k
Price spread, last 3 days (all we have)+0.026%+$3 · spread now 0.000%, 7d avg −0.009%
Together, before fees+0.104%+$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.009%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX NBIS-USDT234.810get 0.0000% / 8h27m 09s$862$1.8M10x
ShortPolymarket Perps NBIS-USD234.810.0050get 0.0006% / 1h27m 09s$149K$723K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
$10.5
Price spread: 0.000% → −0.009%
$0.9
Slippage, 4 orders
−$121.64
Fee SunX: 4 bp × 2 orders
−$8
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$126.24
Costs to cover
1.376%
Break-even
91.2 days
Slippage from SunX: live order book, 8 min ago; Polymarket Perps: live order book, 51 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, 8 min ago22.72 bp41.2 bp −$41doesn't fitdoesn't fitdoesn't fit
Sell Polymarket Perps live order book, 51 min ago1.71 bp5.7 bp −$66.2 bp −$6225.2 bp −$2,522doesn't fit

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%8h234.74−0.030%$5.2M$6.5M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h234.85+0.017%$3.4M$17.1M25xas long as short
Gate NBIS_USDT0.0000%8h234.78−0.013%$2.8M$5.3M50xas long as short
Bitget NBISUSDT0.0000%8h234.79−0.009%$2.5M$4.8M20xas long as short
SunX NBIS-USDTlong0.0000%8h234.81long leg$862$1.8M10x
Deribit NBIS_USDC-PERPETUAL0.0000%1h234.69−0.051%$35K$48K10xas long as short
Coinbase International NBIS-PERP-INTX0.0000%1h233.76−0.447%$358K$676K10xas long as short
HTX NBIS-USDT0.0000%8h234.78−0.013%$15K$115K20xas long as short
Phemex NBISUSDT0.0000%8h234.810.000%$1.6M$971K10xas long as short
Vest NBIS-USD-PERP+0.0046%1h234.96+0.064%$234K5xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps NBIS-USDshort+0.0050%1h234.810.000%$149K$723K10x
SoDEX NBIS-USD+0.0050%1h234.79−0.009%$33$20K10xas long as short
QFEX NBIS-USD+0.0051%1h234.75−0.026%$1.5M$5.1M10xas long as short
KuCoin NBISUSDTM+0.0100%8h234.61−0.085%$484K$25K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h234.810.000%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h234.83+0.008%10xas long as short
Ondo Perps NBIS-USD.P+0.0134%1h234.66−0.064%$174K$499K10xas long as short
Nado NBIS-PERP+0.0200%1h234.69−0.049%$28K$63K3xas long as short
Variational Omni NBIS+0.0210%8h234.91+0.044%$2.9M$822Kas long as short
Aster NBISUSDT+0.0232%8h234.54−0.113%$79K$306K50xas long as short
Extended NBIS-USD+0.0248%1h234.77−0.018%$142K$697K10xas long as short
GRVT NBIS_USDT_Perp+0.0248%8h234.84+0.012%$5K$140K10xas long as short
Binance NBISUSDT+0.0248%8h234.83+0.009%$19.4M$86.5M25xas long as short
Kraken Futures PF_NBISUSD+0.0248%1h234.49−0.137%$24K$14K20xas long as short
BloFin NBIS-USDT+0.0260%8h234.86+0.021%$207K$214K20xas long as short
Arcus NBIS-USD+0.0269%1h234.810.000%$44K$134K5xas long as short
tradeXYZ xyz:NBIS+0.0315%1h234.85+0.017%$54.8M$23.4M10xas long as short
Phoenix NBIS+0.0376%1h234.90+0.038%$7K$163K10xas long as short
Lighter NBIS+0.0400%1h234.98+0.072%$931K$4.6M10xas long as short
Entropy io:NBIS+0.0509%1h234.83+0.009%$10.3M$3.3M10xas long as short
edgeX NBISUSDC+0.0943%4h234.82+0.004%$38K$234K10xas long as short