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+0.0008%/8h= +0.9% APRnext payment +$0.08 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against Binance−0.026%7-day average +0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$350.349% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.009%−$1 on $10k
Price spread, last 4 days (all we have)+0.223%+$22 · spread now −0.026%, 7d avg +0.042%
Together, before fees+0.214%+$21 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.067% cheaper against Binance than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.042%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance NBISUSDT234.070.0143pay 0.0143% / 8h5h 46m$19.1M$84.7M25x
ShortBloFin NBIS-USDT234.010.0151get 0.0151% / 8h5h 46m$204K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Binance. 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
$1.73
Price spread: −0.026% → +0.042%
−$6.74
Slippage, 4 orders
−$12.89
Fee Binance: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$39.9
Costs to cover
0.349%
Break-even
168.8 days
Slippage from Binance: live order book, 11 min ago; BloFin: live order book, 73 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 Binance live order book, 11 min ago0.64 bp8.6 bp −$922.4 bp −$22488.1 bp −$8,814doesn't fit
Sell BloFin live order book, 73 min ago0.64 bp7.8 bp −$813.4 bp −$134doesn'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
Nado NBIS-PERP−0.0021%1h233.97−0.045%$67K$95K3xas long as short
Bybit NBISUSDT0.0000%8h234.08+0.004%$5.0M$6.2M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h234.04−0.013%$3.4M$16.2M25xas long as short
Gate NBIS_USDT0.0000%8h234.09+0.009%$2.8M$5.0M50xas long as short
Bitget NBISUSDT0.0000%8h234.070.000%$2.4M$4.4M20xas long as short
GRVT NBIS_USDT_Perp0.0000%8h234.25+0.079%$5K$127K10xas long as short
SunX NBIS-USDT0.0000%8h234.04−0.013%$971$1.7M10xas long as short
Deribit NBIS_USDC-PERPETUAL0.0000%1h233.93−0.060%$35K$48K10xas long as short
HTX NBIS-USDT0.0000%8h234.04−0.013%$15K$60K20xas long as short
Phemex NBISUSDT0.0000%8h234.04−0.013%$1.6M$966K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX NBIS-USD+0.0023%1h234.00−0.030%$1.5M$4.4M10xas long as short
Arcus NBIS-USD+0.0040%1h233.94−0.056%$42K$132K5xas long as short
Vest NBIS-USD-PERP+0.0046%1h234.20+0.056%$215K5xas long as short
tradeXYZ xyz:NBIS+0.0050%1h234.00−0.030%$54.6M$19.7M10xas long as short
Polymarket Perps NBIS-USD+0.0050%1h233.95−0.051%$149K$453K10xas long as short
SoDEX NBIS-USD+0.0050%1h234.01−0.026%$23$20K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h233.91−0.068%$163K$499K10xas long as short
KuCoin NBISUSDTM+0.0100%8h234.02−0.021%$482K$21K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h234.00−0.030%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h233.97−0.042%10xas long as short
Coinbase International NBIS-PERP-INTX+0.0104%1h233.53−0.231%$382K$712K10xas long as short
Variational Omni NBIS+0.0121%8h234.14+0.030%$2.8M$569Kas long as short
Aster NBISUSDT+0.0133%8h234.21+0.060%$81K$307K50xas long as short
Binance NBISUSDTlong+0.0143%8h234.07long leg$19.1M$84.7M25x
Extended NBIS-USD+0.0144%1h234.00−0.031%$146K$703K10xas long as short
BloFin NBIS-USDTshort+0.0151%8h234.01−0.026%$204K20x
Kraken Futures PF_NBISUSD+0.0152%1h233.95−0.051%$23K$15K20xas long as short
Lighter NBIS+0.0232%1h234.09+0.009%$903K$4.3M10xas long as short
Phoenix NBIS+0.0308%1h234.23+0.068%$7K$150K10xas long as short
Entropy io:NBIS+0.0410%1h234.05−0.009%$10.2M$3.3M10xas long as short
edgeX NBISUSDC+0.0722%4h233.94−0.055%$38K$227K10xas long as short