Funding arb · Price arb /

NBIS

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.014%

Price spread now: Vest against SunX−0.170%7-day average +0.438% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on SunX Short on Vest

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.049%+$5 on $10k

Price spread, last 4 days (all we have)+0.354%+$35 · spread now −0.170%, 7d avg +0.438%

Together, before fees+0.402%+ Points / potential airdropVest: Active · farm board+$40 on $10k · with fees, hour by hour

Funding pays, the price is against you. Vest is 0.608% cheaper against SunX than usual: you would sell low and buy high (spread −0.170% now, against its 7-day average of +0.438%). If the spread goes back, that is −$61 on $10k: about 44 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX NBIS-USDT	228.86	0	get 0.0000% / 8h	7h 22m	$1K	$1.6M	10x
Short	Vest NBIS-USD-PERP	228.47	0.0046	get 0.0006% / 1h	22m 06s	—	$246K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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 VestbpOrdersPrice spread, now −0.170%Rate

Funding earned: $9.59
Price spread: −0.170% → +0.438%: −$60.83
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Vest: 1 bp × 2 orders: −$2
Net: −$61.23
Costs to cover: 0.100%
Break-even: 51.7 days

Slippage unknown: SunX: live order book, 3 min ago; Vest: no order-book sample. Net counts fees only.

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, 3 min ago	44.98 bp	63.2 bp −$63	doesn't fit	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget NBISUSDT	−0.0210%	8h	228.66	−0.087%	$2.3M	$4.6M	20x	as long as short
Coinbase International NBIS-PERP-INTX	−0.0008%	1h	226.87	−0.870%	$352K	$801K	10x	as long as short
Aster NBISUSDT	0.0000%	8h	228.05	−0.355%	$73K	$320K	50x	as long as short
Extended NBIS-USD	0.0000%	1h	228.54	−0.139%	$143K	$859K	10x	as long as short
Binance NBISUSDT	0.0000%	8h	228.62	−0.105%	$18.4M	$89.7M	25x	as long as short
Bybit NBISUSDT	0.0000%	8h	228.62	−0.105%	$4.8M	$6.7M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	228.61	−0.109%	$3.2M	$16.1M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	228.58	−0.122%	$2.7M	$5.2M	50x	as long as short
Variational Omni NBIS	0.0000%	8h	227.33	−0.670%	$2.8M	$598K	—	as long as short
GRVT NBIS_USDT_Perp	0.0000%	8h	227.62	−0.542%	$4K	$113K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX NBIS-USDTlong	0.0000%	8h	228.86	long leg	$1K	$1.6M	10x
HTX NBIS-USDT	0.0000%	8h	227.64	−0.533%	$13K	$62K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	228.66	−0.087%	$1.5M	$971K	10x	as long as short
BloFin NBIS-USDT	+0.0001%	8h	228.35	−0.223%	$202K	$212K	20x	as long as short
Arcus NBIS-USD	+0.0040%	1h	228.81	−0.022%	$41K	$124K	5x	as long as short
Vest NBIS-USD-PERPshort	+0.0046%	1h	228.47	−0.170%	—	$246K	5x
Polymarket Perps NBIS-USD	+0.0050%	1h	228.50	−0.157%	$136K	$466K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	228.46	−0.175%	$146K	$532K	10x	as long as short
Nado NBIS-PERP	+0.0062%	1h	228.38	−0.209%	$38K	$116K	3x	as long as short
QFEX NBIS-USD	+0.0064%	1h	228.74	−0.052%	$1.5M	$3.7M	10x	as long as short
SoDEX NBIS-USD	+0.0086%	1h	228.57	−0.127%	$69	$20K	10x	as long as short
tradeXYZ xyz:NBIS	+0.0100%	1h	228.52	−0.149%	$53.3M	$21.5M	10x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	228.19	−0.293%	$470K	$74K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	228.46	−0.175%	$2K	$3K	10x	as long as short
Lighter NBIS	+0.0104%	1h	228.50	−0.157%	$909K	$4.1M	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	228.43	−0.186%	—	—	10x	as long as short
Deribit NBIS_USDC-PERPETUAL	+0.0144%	1h	228.47	−0.170%	$34K	$49K	10x	as long as short
edgeX NBISUSDC	+0.0199%	4h	227.59	−0.557%	$37K	$226K	10x	as long as short
Phoenix NBIS	+0.0277%	1h	227.46	−0.612%	$7K	$125K	10x	as long as short
Entropy io:NBIS	+0.0300%	1h	228.25	−0.267%	$9.9M	$3.1M	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0683%	1h	228.56	−0.133%	$22K	$16K	20x	as long as short