Funding arb · Price arb /

NBIS

RWAall NBIS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.013%

Price spread now: Extended against Binance+0.021%7-day average −0.063% · you sell dearer than you buy

Net, funding: paid 7d − costs−$47as in the Funding arb table

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$420.422% of the position

Long on Binance Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.047%−$5 on $10k

Price spread, last 4 days (all we have)−0.911%−$91 · spread now +0.021%, 7d avg −0.063%

Together, before fees−0.958%+ Points / potential airdropExtended: Active · farm board−$96 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: Extended is 0.084% dearer against Binance than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.063%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance NBISUSDT	228.02	0	get 0.0000% / 8h	7h 36m	$18.5M	$88.6M	25x
Short	Extended NBIS-USD	228.07	0	get 0.0000% / 1h	36m 30s	$146K	$877K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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

Position, each leg$Hold fordaysFee BinancebpFee ExtendedbpOrdersPrice spread, now +0.021%Rate

Funding earned: $0
Price spread: +0.021% → −0.063%: $8.45
Slippage, 4 orders: −$27.17
Fee Binance: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$33.73
Costs to cover: 0.422%
Break-even: never at this rate

Slippage from Binance: live order book, 6 min ago; Extended: live order book, 62 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 6 min ago	0.22 bp	8.7 bp −$9	25.6 bp −$256	94.2 bp −$9,416	doesn't fit
Sell Extended live order book, 62 min ago	2.16 bp	12.1 bp −$12	135.3 bp −$1,353	doesn't fit	doesn't fit

NBIS on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget NBISUSDT	−0.0275%	8h	227.94	−0.037%	$2.3M	$4.5M	20x	as long as short
BloFin NBIS-USDT	−0.0016%	8h	228.98	+0.419%	$201K	$212K	20x	as long as short
Coinbase International NBIS-PERP-INTX	−0.0008%	1h	229.39	+0.599%	$355K	$806K	10x	as long as short
Aster NBISUSDT	0.0000%	8h	228.16	+0.058%	$80K	$313K	50x	as long as short
Extended NBIS-USDshort	0.0000%	1h	228.07	+0.021%	$146K	$877K	10x
Binance NBISUSDTlong	0.0000%	8h	228.02	long leg	$18.5M	$88.6M	25x
Bybit NBISUSDT	0.0000%	8h	228.00	−0.010%	$4.8M	$6.7M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	227.89	−0.059%	$3.2M	$15.8M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	228.12	+0.042%	$2.7M	$5.1M	50x	as long as short
Variational Omni NBIS	0.0000%	8h	228.94	+0.403%	$2.8M	$576K	—	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT NBIS_USDT_Perp	0.0000%	8h	228.78	+0.330%	$4K	$114K	10x	as long as short
SunX NBIS-USDT	0.0000%	8h	228.99	+0.424%	$1K	$1.6M	10x	as long as short
Deribit NBIS_USDC-PERPETUAL	0.0000%	1h	228.61	+0.257%	$34K	$49K	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	228.61	+0.257%	$15K	$58K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	228.52	+0.218%	$1.5M	$971K	10x	as long as short
Arcus NBIS-USD	+0.0040%	1h	227.99	−0.015%	$42K	$124K	5x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	227.82	−0.089%	—	$224K	5x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	227.76	−0.116%	$135K	$466K	10x	as long as short
SoDEX NBIS-USD	+0.0050%	1h	228.62	+0.262%	$69	$20K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	228.53	+0.222%	$148K	$538K	10x	as long as short
Nado NBIS-PERP	+0.0063%	1h	227.81	−0.094%	$38K	$116K	3x	as long as short
QFEX NBIS-USD	+0.0064%	1h	228.00	−0.010%	$1.5M	$3.6M	10x	as long as short
tradeXYZ xyz:NBIS	+0.0075%	1h	228.03	+0.003%	$53.2M	$21.5M	10x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	228.11	+0.038%	$470K	$57K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	228.84	+0.358%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	228.65	+0.277%	—	—	10x	as long as short
Lighter NBIS	+0.0136%	1h	228.04	+0.007%	$913K	$4.0M	10x	as long as short
Phoenix NBIS	+0.0277%	1h	229.09	+0.468%	$7K	$125K	10x	as long as short
Entropy io:NBIS	+0.0306%	1h	228.44	+0.183%	$10.0M	$3.1M	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0682%	1h	228.78	+0.332%	$22K	$16K	20x	as long as short
edgeX NBISUSDC	+0.0808%	4h	228.81	+0.344%	$37K	$227K	10x	as long as short