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

NBIS

RWAall NBIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0181%/8h= +19.8% APRpaid last 24h +0.102%
Price spread now: edgeX against tradeXYZ−0.019%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs$0as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$570.569% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.566%+$57 on $10k
Price spread, last 4 days (all we have)+0.573%+$57 · spread now −0.019%, 7d avg −0.001%
Together, before fees+1.140%+ Points / potential airdroptradeXYZ: Active · edgeX: Active · farm board+$114 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.001%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:NBIS231.340.0151pay 0.0019% / 1h33m 28s$54.4M$21.1M10x
ShortedgeX NBISUSDC231.300.0332get 0.0166% / 4h33m 28s$37K$227K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against tradeXYZ. 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
$37.96
Price spread: −0.019% → −0.001%
−$1.75
Slippage, 4 orders
−$29.94
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$20.73
Costs to cover
0.569%
Break-even
10.8 days
Slippage from tradeXYZ: live order book, 6 min ago; edgeX: live order book, 4 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 tradeXYZ live order book, 6 min ago0.22 bp13.0 bp −$13doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 4 min ago6.05 bp15.9 bp −$16doesn't fitdoesn't fitdoesn'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
Bitget NBISUSDT−0.0432%8h231.43+0.039%$2.3M$4.6M20xas long as short
Aster NBISUSDT0.0000%8h231.32−0.007%$84K$311K50xas long as short
Extended NBIS-USD0.0000%1h231.29−0.020%$148K$876K10xas long as short
Binance NBISUSDT0.0000%8h231.36+0.009%$18.7M$87.8M25xas long as short
Bybit NBISUSDT0.0000%8h231.48+0.061%$4.9M$6.8M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h231.340.000%$3.3M$16.1M25xas long as short
Gate NBIS_USDT0.0000%8h231.44+0.043%$2.7M$5.2M50xas long as short
Variational Omni NBIS0.0000%8h231.17−0.074%$2.8M$594Kas long as short
GRVT NBIS_USDT_Perp0.0000%8h231.32−0.009%$4K$116K10xas long as short
SunX NBIS-USDT0.0000%8h231.36+0.009%$1K$1.6M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX NBIS-USDT0.0000%8h231.29−0.022%$15K$57K20xas long as short
Phemex NBISUSDT0.0000%8h231.47+0.056%$1.6M$970K10xas long as short
BloFin NBIS-USDT+0.0028%8h231.35+0.004%$203K$209K20xas long as short
Arcus NBIS-USD+0.0040%1h231.16−0.078%$42K$131K5xas long as short
QFEX NBIS-USD+0.0041%1h231.49+0.065%$1.5M$3.8M10xas long as short
Vest NBIS-USD-PERP+0.0046%1h231.30−0.017%$222K5xas long as short
Polymarket Perps NBIS-USD+0.0050%1h231.36+0.009%$137K$473K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h231.06−0.121%$150K$543K10xas long as short
Coinbase International NBIS-PERP-INTX+0.0056%1h230.39−0.411%$353K$810K10xas long as short
KuCoin NBISUSDTM+0.0100%8h231.23−0.048%$477K$20K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h231.43+0.039%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h231.42+0.036%10xas long as short
SoDEX NBIS-USD+0.0109%1h231.37+0.013%$102$20K10xas long as short
tradeXYZ xyz:NBISlong+0.0151%1h231.34long leg$54.4M$21.1M10x
Nado NBIS-PERP+0.0173%1h231.14−0.085%$38K$116K3xas long as short
Phoenix NBIS+0.0312%1h231.13−0.091%$7K$125K10xas long as short
edgeX NBISUSDCshort+0.0332%4h231.30−0.019%$37K$227K10x
Lighter NBIS+0.0352%1h231.40+0.026%$933K$4.0M10xas long as short
Entropy io:NBIS+0.0440%1h231.28−0.026%$10.1M$3.1M10xas long as short
Kraken Futures PF_NBISUSD+0.0540%1h231.41+0.030%$23K$15K20xas long as short
Deribit NBIS_USDC-PERPETUAL+0.0701%1h231.56+0.095%$34K$49K10xas long as short