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−0.0043%/8h= −4.7% APRnext payment $0.43 per $10,000 · paid last 24h −0.008%
Price spread now: KuCoin against Aster−0.052%7-day average −0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$296as in the Funding arb table
Net, price: spread back to 7d avg − costs−$301as in the Price arb table
costs, in and out, $10k−$3023.016% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.059%+$6 on $10k
Price spread, last 4 days (all we have)−0.067%−$7 · spread now −0.052%, 7d avg −0.058%
Together, before fees−0.008%+ Points / potential airdropAster: Stage 5 · farm board−$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.058%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.059%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster NBISUSDT234.260.0143pay 0.0143% / 8h5h 50m$81K$307K50x
ShortKuCoin NBISUSDTM234.140.0100get 0.0100% / 8h5h 50m$482K$21K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Aster. 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
−$8.93
Price spread: −0.052% → −0.058%
$0.6
Slippage, 4 orders
−$281.64
Fee Aster: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$309.97
Costs to cover
3.016%
Break-even
never at this rate
Slippage from Aster: live order book, 12 min ago; KuCoin: live order book, 47 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 12 min ago11.74 bp90.5 bp −$91doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 47 min ago31.51 bp106.5 bp −$107doesn't fitdoesn't fitdoesn't fit

NBIS on 30 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
Nado NBIS-PERP−0.0001%1h234.260.000%$67K$95K3xas long as short
Bybit NBISUSDT0.0000%8h234.12−0.061%$5.0M$6.2M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h234.09−0.074%$3.4M$16.2M25xas long as short
Gate NBIS_USDT0.0000%8h234.21−0.022%$2.8M$5.0M50xas long as short
Bitget NBISUSDT0.0000%8h234.13−0.057%$2.4M$4.4M20xas long as short
GRVT NBIS_USDT_Perp0.0000%8h234.16−0.045%$5K$127K10xas long as short
SunX NBIS-USDT0.0000%8h234.11−0.065%$904$1.7M10xas long as short
Deribit NBIS_USDC-PERPETUAL0.0000%1h234.06−0.086%$35K$48K10xas long as short
HTX NBIS-USDT0.0000%8h234.19−0.031%$15K$60K20xas long as short
Phemex NBISUSDT0.0000%8h234.09−0.074%$1.6M$967K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX NBIS-USD+0.0023%1h234.16−0.044%$1.5M$4.4M10xas long as short
Arcus NBIS-USD+0.0040%1h234.03−0.099%$42K$132K5xas long as short
Vest NBIS-USD-PERP+0.0046%1h234.37+0.046%$215K5xas long as short
Polymarket Perps NBIS-USD+0.0050%1h234.05−0.091%$149K$453K10xas long as short
SoDEX NBIS-USD+0.0050%1h234.04−0.095%$14$20K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h234.09−0.074%$163K$499K10xas long as short
tradeXYZ xyz:NBIS+0.0050%1h234.05−0.091%$54.6M$19.7M10xas long as short
KuCoin NBISUSDTMshort+0.0100%8h234.14−0.052%$482K$21K20x
Orderly PERP_NBIS_USDC_mythos+0.0100%8h234.12−0.061%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h234.09−0.074%10xas long as short
Coinbase International NBIS-PERP-INTX+0.0104%1h233.53−0.313%$382K$712K10xas long as short
Variational Omni NBIS+0.0121%8h234.14−0.053%$2.8M$569Kas long as short
Aster NBISUSDTlong+0.0143%8h234.26long leg$81K$307K50x
Kraken Futures PF_NBISUSD+0.0152%1h234.14−0.052%$23K$15K20xas long as short
Extended NBIS-USD+0.0152%1h234.07−0.083%$147K$698K10xas long as short
Binance NBISUSDT+0.0153%8h234.13−0.054%$19.1M$84.7M25xas long as short
Lighter NBIS+0.0280%1h234.29+0.012%$904K$4.3M10xas long as short
Phoenix NBIS+0.0308%1h234.17−0.040%$7K$150K10xas long as short
Entropy io:NBIS+0.0445%1h234.21−0.022%$10.2M$3.3M10xas long as short
edgeX NBISUSDC+0.0894%4h234.14−0.053%$38K$226K10xas long as short