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

NBIS

RWAall NBIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.006%
Price spread now: Deribit against Variational Omni+0.044%7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Deribit is 0.044% dearer against Variational Omni than usual: you sell high and buy low, +$4 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni NBIS230.250get 0.0000% / 8h1h 32m$2.8M$601K
ShortDeribit NBIS_USDC-PERPETUAL230.350get 0.0000% / 1h32m 11s$34K$49K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
$0
Price spread: +0.044% → 0.000%
$4.36
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$2.64
Costs to cover
0.070%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Deribit: 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 Variational Omni RFQ quote, 2 min ago4.60 bpdoesn't fit41.0 bp −$410doesn't fitdoesn't fit
Sell Deribit no order-book sample
Deribit: 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
Bitget NBISUSDT−0.0581%8h230.53+0.122%$2.3M$4.5M20xas long as short
BloFin NBIS-USDT−0.0019%8h230.72+0.204%$204K$204K20xas long as short
Aster NBISUSDT0.0000%8h230.45+0.086%$84K$311K50xas long as short
Extended NBIS-USD0.0000%1h230.34+0.041%$149K$635K10xas long as short
Binance NBISUSDT0.0000%8h230.37+0.053%$18.5M$87.4M25xas long as short
Bybit NBISUSDT0.0000%8h230.46+0.091%$4.9M$6.6M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h230.36+0.048%$3.3M$16.1M25xas long as short
Gate NBIS_USDT0.0000%8h230.40+0.065%$2.7M$5.1M50xas long as short
Variational Omni NBISlong0.0000%8h230.25long leg$2.8M$601K
GRVT NBIS_USDT_Perp0.0000%8h230.38+0.058%$5K$116K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX NBIS-USDT0.0000%8h230.41+0.070%$1K$1.6M10xas long as short
Deribit NBIS_USDC-PERPETUALshort0.0000%1h230.35+0.044%$34K$49K10x
HTX NBIS-USDT0.0000%8h230.73+0.209%$15K$57K20xas long as short
Phemex NBISUSDT0.0000%8h230.43+0.078%$1.6M$962K10xas long as short
Arcus NBIS-USD+0.0040%1h230.30+0.022%$42K$132K5xas long as short
Vest NBIS-USD-PERP+0.0046%1h230.30+0.022%$221K5xas long as short
Polymarket Perps NBIS-USD+0.0050%1h230.30+0.022%$137K$473K10xas long as short
SoDEX NBIS-USD+0.0050%1h230.38+0.057%$106$20K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h230.16−0.039%$151K$546K10xas long as short
QFEX NBIS-USD+0.0056%1h230.40+0.065%$1.5M$3.8M10xas long as short
Nado NBIS-PERP+0.0060%1h230.35+0.042%$37K$115K3xas long as short
edgeX NBISUSDC+0.0067%4h230.32+0.032%$37K$227K10xas long as short
KuCoin NBISUSDTM+0.0100%8h230.36+0.048%$475K$20K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h230.40+0.065%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h230.37+0.052%10xas long as short
tradeXYZ xyz:NBIS+0.0108%1h230.32+0.031%$54.2M$21.0M10xas long as short
Coinbase International NBIS-PERP-INTX+0.0120%1h230.39+0.061%$351K$812K10xas long as short
Lighter NBIS+0.0208%1h230.45+0.087%$951K$4.0M10xas long as short
Phoenix NBIS+0.0311%1h230.30+0.022%$7K$150K10xas long as short
Entropy io:NBIS+0.0337%1h230.46+0.091%$10.0M$3.1M10xas long as short
Kraken Futures PF_NBISUSD+0.0686%1h230.34+0.041%$23K$15K20xas long as short