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

NBIS

RWAall NBIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0131%/8h= −14.3% APRpaid last 24h −0.052%
Price spread now: Polymarket Perps against Variational Omni−0.034%7-day average −0.007% · 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 3 days (all we have)−0.075%−$7 on $10k
Price spread, last 3 days (all we have)+0.001%$0 · spread now −0.034%, 7d avg −0.007%
Together, before fees−0.073%+ Points / potential airdropVariational Omni: Active · farm board−$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Polymarket Perps is 0.027% cheaper against Variational Omni than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.007%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni NBIS234.380.0183pay 0.0183% / 8h47m 36s$2.9M$821K
ShortPolymarket Perps NBIS-USD234.300.0053get 0.0007% / 1h47m 36s$146K$706K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
−$27.43
Price spread: −0.034% → −0.007%
−$2.72
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$38.16
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Polymarket Perps: live order book, 30 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, 2 min ago2.80 bpdoesn't fit38.8 bp −$388doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 30 min ago1.71 bp5.7 bp −$66.2 bp −$6225.2 bp −$2,522doesn'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
Bybit NBISUSDT0.0000%8h234.37−0.005%$5.2M$6.5M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h234.42+0.017%$3.4M$17.0M25xas long as short
Gate NBIS_USDT0.0000%8h234.34−0.017%$2.8M$5.3M50xas long as short
Bitget NBISUSDT0.0000%8h234.34−0.017%$2.5M$4.8M20xas long as short
SunX NBIS-USDT0.0000%8h234.37−0.005%$1K$1.8M10xas long as short
Coinbase International NBIS-PERP-INTX0.0000%1h233.76−0.265%$358K$699K10xas long as short
HTX NBIS-USDT0.0000%8h234.42+0.017%$15K$115K20xas long as short
Phemex NBISUSDT0.0000%8h234.33−0.022%$1.6M$967K10xas long as short
Vest NBIS-USD-PERP+0.0046%1h234.49+0.047%$234K5xas long as short
SoDEX NBIS-USD+0.0050%1h234.36−0.009%$23$20K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX NBIS-USD+0.0051%1h234.33−0.022%$1.5M$5.1M10xas long as short
Polymarket Perps NBIS-USDshort+0.0053%1h234.30−0.034%$146K$706K10x
KuCoin NBISUSDTM+0.0100%8h234.22−0.069%$483K$25K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h234.34−0.017%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h234.40+0.010%10xas long as short
Deribit NBIS_USDC-PERPETUAL+0.0177%1h234.29−0.039%$35K$48K10xas long as short
Variational Omni NBISlong+0.0183%8h234.38long leg$2.9M$821K
Aster NBISUSDT+0.0227%8h234.32−0.026%$79K$306K50xas long as short
BloFin NBIS-USDT+0.0231%8h234.45+0.030%$206K$214K20xas long as short
Nado NBIS-PERP+0.0232%1h234.17−0.091%$28K$63K3xas long as short
Extended NBIS-USD+0.0240%1h234.31−0.030%$142K$697K10xas long as short
Binance NBISUSDT+0.0242%8h234.35−0.012%$19.4M$86.3M25xas long as short
Kraken Futures PF_NBISUSD+0.0249%1h234.20−0.077%$24K$13K20xas long as short
GRVT NBIS_USDT_Perp+0.0253%8h234.42+0.017%$5K$139K10xas long as short
Arcus NBIS-USD+0.0269%1h234.31−0.030%$44K$134K5xas long as short
tradeXYZ xyz:NBIS+0.0296%1h234.35−0.013%$54.6M$23.3M10xas long as short
edgeX NBISUSDC+0.0344%4h234.39+0.004%$38K$235K10xas long as short
Lighter NBIS+0.0368%1h234.47+0.038%$931K$4.6M10xas long as short
Phoenix NBIS+0.0376%1h234.42+0.017%$7K$163K10xas long as short
Ondo Perps NBIS-USD.P+0.0427%1h234.33−0.022%$174K$498K10xas long as short
Entropy io:NBIS+0.0503%1h234.36−0.009%$10.2M$3.3M10xas long as short