Funding arb · Price arb /

NBIS

RWAall NBIS markets

Swap Backtest

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 +0.004%

Price spread now: Binance against Variational Omni+0.016%7-day average −0.001% · you sell dearer than you buy

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

Long on Variational Omni Short on Binance

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.005%$0 on $10k

Price spread, last 7 days−0.001%$0 · spread now +0.016%, 7d avg −0.001%

Together, before fees+0.004%+ Points / potential airdropVariational Omni: Active · farm board$0 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni NBIS	231.28	0	get 0.0000% / 8h	2h 15m	$2.9M	$555K	—
Short	Binance NBISUSDT	231.32	0	get 0.0000% / 8h	2h 15m	$18.5M	$86.9M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Variational Omni. 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 Variational OmnibpFee BinancebpOrdersPrice spread, now +0.016%Rate

Funding earned: $0
Price spread: +0.016% → −0.001%: $1.77
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Binance: 5 bp × 2 orders: −$10
Net: −$8.23
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Binance: live order book, 12 min ago. 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 Variational Omni RFQ quote, 3 min ago	3.22 bp	doesn't fit	51.1 bp −$511	doesn't fit	doesn't fit
Sell Binance live order book, 12 min ago	0.43 bp	9.3 bp −$9	27.0 bp −$270	97.2 bp −$9,724	doesn't fit

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	−0.0529%	8h	231.36	+0.034%	$2.3M	$4.6M	20x	as long as short
BloFin NBIS-USDT	−0.0023%	8h	231.33	+0.021%	$204K	$205K	20x	as long as short
Aster NBISUSDT	0.0000%	8h	231.23	−0.023%	$84K	$311K	50x	as long as short
Extended NBIS-USD	0.0000%	1h	231.28	0.000%	$146K	$753K	10x	as long as short
Binance NBISUSDTshort	0.0000%	8h	231.32	+0.016%	$18.5M	$86.9M	25x
Bybit NBISUSDT	0.0000%	8h	231.34	+0.025%	$4.9M	$6.5M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	231.31	+0.012%	$3.3M	$16.1M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	231.33	+0.021%	$2.7M	$5.1M	50x	as long as short
Variational Omni NBISlong	0.0000%	8h	231.28	long leg	$2.9M	$555K	—
GRVT NBIS_USDT_Perp	0.0000%	8h	231.22	−0.027%	$5K	$118K	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-USDT	0.0000%	8h	231.46	+0.077%	$1K	$1.6M	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	231.14	−0.061%	$15K	$61K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	231.39	+0.047%	$1.6M	$954K	10x	as long as short
QFEX NBIS-USD	+0.0029%	1h	231.34	+0.025%	$1.5M	$3.9M	10x	as long as short
Nado NBIS-PERP	+0.0035%	1h	231.28	0.000%	$38K	$115K	3x	as long as short
Arcus NBIS-USD	+0.0040%	1h	231.16	−0.053%	$42K	$132K	5x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	231.27	−0.005%	—	$220K	5x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	231.35	+0.029%	$137K	$473K	10x	as long as short
SoDEX NBIS-USD	+0.0050%	1h	231.35	+0.029%	$116	$20K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	231.30	+0.008%	$150K	$541K	10x	as long as short
tradeXYZ xyz:NBIS	+0.0091%	1h	231.34	+0.025%	$54.3M	$21.0M	10x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	231.10	−0.079%	$476K	$20K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	231.33	+0.021%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	231.33	+0.021%	—	—	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0168%	1h	230.62	−0.286%	$353K	$792K	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0223%	1h	231.25	−0.013%	$23K	$15K	20x	as long as short
Phoenix NBIS	+0.0242%	1h	230.82	−0.200%	$7K	$150K	10x	as long as short
Lighter NBIS	+0.0248%	1h	231.36	+0.034%	$936K	$4.0M	10x	as long as short
Deribit NBIS_USDC-PERPETUAL	+0.0312%	1h	231.31	+0.012%	$34K	$49K	10x	as long as short
Entropy io:NBIS	+0.0338%	1h	231.19	−0.040%	$10.0M	$3.2M	10x	as long as short
edgeX NBISUSDC	+0.0733%	4h	231.31	+0.014%	$37K	$227K	10x	as long as short