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−0.0022%/8h= −2.4% APRnext payment $0.22 per $10,000 · paid last 24h −0.002%
Price spread now: Variational Omni against Aster−0.110%7-day average +0.053% · 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)−0.002%$0 on $10k
Price spread, last 4 days (all we have)+0.865%+$86 · spread now −0.110%, 7d avg +0.053%
Together, before fees+0.863%+ Points / potential airdropAster: Stage 5 · Variational Omni: Active · farm board+$86 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Variational Omni is 0.163% cheaper against Aster than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of +0.053%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster NBISUSDT233.530.0022pay 0.0022% / 8h1h 45m$79K$304K50x
ShortVariational Omni NBIS233.270get 0.0000% / 8h1h 45m$2.8M$945K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$4.59
Price spread: −0.110% → +0.053%
−$16.27
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$28.86
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Aster: live order book, 36 min ago; Variational Omni: RFQ quote, 4 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 Aster live order book, 36 min ago3.86 bp41.5 bp −$42doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 4 min ago4.14 bpdoesn't fit50.5 bp −$505doesn'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
Deribit NBIS_USDC-PERPETUAL−0.0050%1h233.11−0.179%$35K$47K10xas long as short
Bybit NBISUSDT0.0000%8h233.28−0.106%$5.1M$6.5M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h233.24−0.123%$3.4M$17.0M25xas long as short
Gate NBIS_USDT0.0000%8h233.25−0.119%$2.8M$5.3M50xas long as short
Bitget NBISUSDT0.0000%8h233.37−0.067%$2.5M$4.7M20xas long as short
Variational Omni NBISshort0.0000%8h233.27−0.110%$2.8M$945K
SunX NBIS-USDT0.0000%8h233.27−0.110%$1K$1.8M10xas long as short
HTX NBIS-USDT0.0000%8h233.16−0.157%$15K$115K20xas long as short
Phemex NBISUSDT0.0000%8h233.27−0.110%$1.6M$967K10xas long as short
BloFin NBIS-USDT+0.0019%8h233.20−0.140%$205K$213K20xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance NBISUSDT+0.0020%8h233.37−0.069%$19.4M$86.8M25xas long as short
Aster NBISUSDTlong+0.0022%8h233.53long leg$79K$304K50x
Extended NBIS-USD+0.0024%1h233.31−0.093%$141K$697K10xas long as short
GRVT NBIS_USDT_Perp+0.0038%8h233.26−0.115%$5K$145K10xas long as short
QFEX NBIS-USD+0.0038%1h233.32−0.089%$1.5M$5.1M10xas long as short
Arcus NBIS-USD+0.0040%1h233.29−0.102%$44K$133K5xas long as short
Vest NBIS-USD-PERP+0.0046%1h233.45−0.033%$234K5xas long as short
Polymarket Perps NBIS-USD+0.0050%1h233.36−0.072%$136K$645K10xas long as short
SoDEX NBIS-USD+0.0050%1h233.26−0.114%$19$20K10xas long as short
Ondo Perps NBIS-USD.P+0.0056%1h233.20−0.140%$173K$498K10xas long as short
Coinbase International NBIS-PERP-INTX+0.0072%1h232.99−0.230%$356K$702K10xas long as short
KuCoin NBISUSDTM+0.0100%8h233.06−0.200%$480K$25K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h233.26−0.114%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h233.28−0.106%10xas long as short
Nado NBIS-PERP+0.0244%1h233.24−0.122%$28K$63K3xas long as short
tradeXYZ xyz:NBIS+0.0261%1h233.31−0.093%$54.4M$23.5M10xas long as short
Entropy io:NBIS+0.0261%1h233.25−0.119%$10.2M$3.3M10xas long as short
Lighter NBIS+0.0264%1h233.36−0.072%$934K$4.6M10xas long as short
Phoenix NBIS+0.0343%1h233.45−0.033%$7K$185K10xas long as short
Kraken Futures PF_NBISUSD+0.0347%1h233.11−0.177%$24K$13K20xas long as short
edgeX NBISUSDC+0.0743%4h233.22−0.131%$37K$235K10xas long as short