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

NBIS

RWAall NBIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0077%/8h= +8.4% APRnext payment +$0.10 per $10,000 · paid last 24h +0.022%
Price spread now: Kraken Futures against tradeXYZ−0.010%50s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:NBIS234.340.0075pay 0.0009% / 1h24m 21s$54.9M$19.6M10x
ShortKraken Futures PF_NBISUSD234.320.0152get 0.0019% / 1h24m 21s$23K$15K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$16.18
Price spread: −0.010% → 0.000%
−$1.02
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$12.84
Costs to cover
0.280%
Break-even
12.6 days
Slippage unknown: tradeXYZ: live order book, 4 min ago; Kraken Futures: 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
LegHalf-spread$10k$100k$1M$5M
Buy tradeXYZ live order book, 4 min ago0.85 bp11.7 bp −$12doesn't fitdoesn't fitdoesn't fit
Sell Kraken Futures no order-book sample
Kraken Futures: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit NBISUSDT0.0000%8h234.49+0.064%$5.0M$6.2M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h234.29−0.021%$3.4M$16.2M25xas long as short
Gate NBIS_USDT0.0000%8h234.41+0.030%$2.8M$5.0M50xas long as short
Bitget NBISUSDT0.0000%8h234.38+0.017%$2.4M$4.4M20xas long as short
GRVT NBIS_USDT_Perp0.0000%8h234.49+0.062%$4K$127K10xas long as short
SunX NBIS-USDT0.0000%8h234.43+0.038%$1K$1.7M10xas long as short
HTX NBIS-USDT0.0000%8h234.54+0.085%$15K$60K20xas long as short
Phemex NBISUSDT0.0000%8h234.41+0.030%$1.6M$962K10xas long as short
Nado NBIS-PERP+0.0004%1h234.27−0.030%$65K$98K3xas long as short
QFEX NBIS-USD+0.0023%1h234.31−0.013%$1.5M$4.3M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus NBIS-USD+0.0040%1h234.36+0.009%$42K$132K5xas long as short
Vest NBIS-USD-PERP+0.0046%1h234.49+0.064%$215K5xas long as short
Polymarket Perps NBIS-USD+0.0050%1h234.33−0.004%$149K$453K10xas long as short
SoDEX NBIS-USD+0.0050%1h234.35+0.004%$37$20K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h234.46+0.051%$164K$498K10xas long as short
tradeXYZ xyz:NBISlong+0.0075%1h234.34long leg$54.9M$19.6M10x
Variational Omni NBIS+0.0091%8h234.48+0.058%$2.9M$568Kas long as short
KuCoin NBISUSDTM+0.0100%8h234.21−0.055%$483K$21K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h234.46+0.051%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h234.46+0.052%10xas long as short
Coinbase International NBIS-PERP-INTX+0.0104%1h233.53−0.346%$382K$712K10xas long as short
BloFin NBIS-USDT+0.0114%8h234.39+0.021%$206K$204K20xas long as short
Aster NBISUSDT+0.0122%8h234.64+0.129%$81K$307K50xas long as short
Extended NBIS-USD+0.0128%1h234.30−0.017%$146K$702K10xas long as short
Binance NBISUSDT+0.0131%8h234.44+0.044%$19.1M$84.5M25xas long as short
Kraken Futures PF_NBISUSDshort+0.0152%1h234.32−0.010%$23K$15K20x
Lighter NBIS+0.0248%1h234.42+0.034%$901K$4.3M10xas long as short
Phoenix NBIS+0.0308%1h234.85+0.218%$7K$150K10xas long as short
Deribit NBIS_USDC-PERPETUAL+0.0391%1h234.30−0.017%$35K$48K10xas long as short
Entropy io:NBIS+0.0482%1h234.41+0.030%$10.2M$3.3M10xas long as short
edgeX NBISUSDC+0.0699%4h234.45+0.045%$38K$226K10xas long as short