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

NBIS

RWAall NBIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0232%/8h= +25.4% APRpaid last 24h +0.004%
Price spread now: Bybit against Vest−0.034%7-day average −0.491% · 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)+0.035%+$3 on $10k
Price spread, last 3 days (all we have)−0.056%−$6 · spread now −0.034%, 7d avg −0.491%
Together, before fees−0.021%+ Points / potential airdropVest: Active · farm board−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Bybit is 0.457% dearer against Vest than usual: you sell high and buy low: +$46 more if the spread goes back to its 7-day average of −0.491%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.035% in total (about 3.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest NBIS-USD-PERP235.750.0046pay 0.0006% / 1h53m 21s$234K5x
ShortBybit NBISUSDT235.670.0278get 0.0278% / 8h7h 53m$5.1M$6.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Vest. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$48.78
Price spread: −0.034% → −0.491%
$45.73
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$81.51
Costs to cover
0.130%
Break-even
from the start
Slippage unknown: Vest: no order-book sample; Bybit: live order book, 5 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 Vest no order-book sample
Sell Bybit live order book, 5 min ago1.06 bp18.4 bp −$1884.6 bp −$846doesn't fitdoesn't fit
Vest: 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
Kraken Futures PF_NBISUSD−0.0179%1h235.43−0.136%$24K$15K20xas long as short
OKX NBIS-USDT-SWAP0.0000%8h235.55−0.085%$3.4M$17.1M25xas long as short
Gate NBIS_USDT0.0000%8h235.50−0.106%$2.8M$5.1M50xas long as short
Bitget NBISUSDT0.0000%8h235.54−0.089%$2.5M$4.7M20xas long as short
SunX NBIS-USDT0.0000%8h235.57−0.076%$1K$1.7M10xas long as short
Deribit NBIS_USDC-PERPETUAL0.0000%1h235.53−0.093%$35K$48K10xas long as short
HTX NBIS-USDT0.0000%8h235.69−0.025%$15K$113K20xas long as short
Phemex NBISUSDT0.0000%8h235.58−0.072%$1.6M$973K10xas long as short
Coinbase International NBIS-PERP-INTX+0.0016%1h234.10−0.700%$359K$678K10xas long as short
QFEX NBIS-USD+0.0038%1h235.53−0.093%$1.5M$5.1M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest NBIS-USD-PERPlong+0.0046%1h235.75long leg$234K5x
Ondo Perps NBIS-USD.P+0.0050%1h235.58−0.072%$174K$507K10xas long as short
KuCoin NBISUSDTM+0.0100%8h235.43−0.136%$485K$25K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h235.56−0.081%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h234.35−0.594%10xas long as short
Nado NBIS-PERP+0.0187%1h235.46−0.123%$29K$63K3xas long as short
Variational Omni NBIS+0.0195%8h235.77+0.008%$2.9M$817Kas long as short
Aster NBISUSDT+0.0214%8h235.77+0.007%$81K$308K50xas long as short
Extended NBIS-USD+0.0232%1h235.49−0.111%$138K$700K10xas long as short
Binance NBISUSDT+0.0232%8h235.54−0.089%$19.5M$86.1M25xas long as short
BloFin NBIS-USDT+0.0252%8h235.56−0.081%$206K$213K20xas long as short
Bybit NBISUSDTshort+0.0278%8h235.67−0.034%$5.1M$6.5M50x
Arcus NBIS-USD+0.0366%1h235.30−0.191%$44K$134K5xas long as short
Phoenix NBIS+0.0409%1h235.65−0.042%$7K$163K10xas long as short
Lighter NBIS+0.0432%1h235.50−0.106%$929K$4.4M10xas long as short
edgeX NBISUSDC+0.0438%4h235.44−0.132%$38K$228K10xas long as short
GRVT NBIS_USDT_Perp+0.0566%8h235.49−0.110%$5K$137K10xas long as short
Entropy io:NBIS+0.0778%1h235.34−0.174%$10.3M$3.4M10xas long as short
SoDEX NBIS-USD+0.0961%1h235.60−0.064%$9$20K10xas long as short
Polymarket Perps NBIS-USD+0.1556%1h235.50−0.106%$141K$432K10xas long as short
tradeXYZ xyz:NBIS+0.1682%1h235.46−0.123%$54.9M$23.4M10xas long as short