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+0.0042%/8h= +4.6% APRnext payment +$0.42 per $10,000 · paid last 24h +0.005%
Price spread now: BloFin against Variational Omni+0.200%71s7-day average +0.016% · you sell dearer than you buy
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 3 days (all we have)+0.005%$0 on $10k
Price spread, last 3 days (all we have)−0.273%−$27 · spread now +0.200%, 7d avg +0.016%
Together, before fees−0.268%+ Points / potential airdropVariational Omni: Active · farm board−$27 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.184% dearer against Variational Omni than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.016%. The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni NBIS235.530.0225pay 0.0225% / 8h7h 36m$2.9M$820K
ShortBloFin NBIS-USDT236.000.0267get 0.0267% / 8h7h 36m$207K$212K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
$8.74
Price spread: +0.200% → +0.016%
$18.43
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
$15.17
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; BloFin: live order book, 29 min ago. 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 Variational Omni RFQ quote, 3 min ago4.12 bpdoesn't fit47.9 bp −$479doesn't fitdoesn't fit
Sell BloFin live order book, 29 min ago2.35 bp9.7 bp −$1022.9 bp −$229doesn'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
Kraken Futures PF_NBISUSD−0.0178%1h235.45−0.032%$24K$15K20xas long as short
OKX NBIS-USDT-SWAP0.0000%8h235.51−0.008%$3.4M$16.8M25xas long as short
Gate NBIS_USDT0.0000%8h235.53+0.001%$2.8M$5.1M50xas long as short
SunX NBIS-USDT0.0000%8h235.62+0.039%$1K$1.7M10xas long as short
Deribit NBIS_USDC-PERPETUAL0.0000%1h235.61+0.035%$35K$48K10xas long as short
HTX NBIS-USDT0.0000%8h235.70+0.073%$15K$112K20xas long as short
Phemex NBISUSDT0.0000%8h235.58+0.022%$1.6M$973K10xas long as short
Coinbase International NBIS-PERP-INTX+0.0016%1h236.05+0.221%$386K$739K10xas long as short
QFEX NBIS-USD+0.0038%1h235.54+0.005%$1.5M$5.0M10xas long as short
Bitget NBISUSDT+0.0039%8h235.53+0.001%$2.5M$4.7M20xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest NBIS-USD-PERP+0.0046%1h235.81+0.120%$224K5xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h235.43−0.042%$175K$505K10xas long as short
KuCoin NBISUSDTM+0.0100%8h235.41−0.050%$485K$23K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h235.60+0.030%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h235.56+0.012%10xas long as short
Bybit NBISUSDT+0.0123%8h235.57+0.018%$5.1M$6.5M50xas long as short
SoDEX NBIS-USD+0.0172%1h235.50−0.012%$42$20K10xas long as short
Nado NBIS-PERP+0.0181%1h235.78+0.109%$29K$63K3xas long as short
Variational Omni NBISlong+0.0225%8h235.53long leg$2.9M$820K
Aster NBISUSDT+0.0234%8h235.81+0.119%$82K$308K50xas long as short
Binance NBISUSDT+0.0256%8h235.57+0.019%$19.5M$85.6M25xas long as short
Extended NBIS-USD+0.0256%1h235.54+0.005%$148K$967K10xas long as short
BloFin NBIS-USDTshort+0.0267%8h236.00+0.200%$207K$212K20x
Lighter NBIS+0.0288%1h235.63+0.043%$927K$4.5M10xas long as short
Arcus NBIS-USD+0.0366%1h235.55+0.009%$44K$132K5xas long as short
GRVT NBIS_USDT_Perp+0.0368%8h235.42−0.044%$5K$136K10xas long as short
Phoenix NBIS+0.0409%1h235.59+0.026%$7K$163K10xas long as short
Polymarket Perps NBIS-USD+0.0449%1h235.64+0.047%$135K$433K10xas long as short
tradeXYZ xyz:NBIS+0.0557%1h235.51−0.008%$55.1M$23.6M10xas long as short
edgeX NBISUSDC+0.0863%4h235.35−0.075%$38K$228K10xas long as short
Entropy io:NBIS+0.0902%1h235.66+0.056%$10.3M$3.4M10xas long as short