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

NBIS

RWAall NBIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC−0.0097%/8h= −10.6% APRnext payment $0.97 per $10,000 · paid last 24h −0.027%
Price spread now: OKX against Binance+0.089%7-day average −0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$390.390% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.050%−$5 on $10k
Price spread, last 7 days−0.098%−$10 · spread now +0.089%, 7d avg −0.015%
Together, before fees−0.148%−$15 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.104% dearer against Binance than usual: you sell high and buy low (spread +0.089% now, against its 7-day average of −0.015%): +$10 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.6 days. At the pace of the last 7 days (−0.050% in total) that is about 15 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance NBISUSDT232.400.0097pay 0.0097% / 8h6h 02m$19.7M$90.8M25x
ShortOKX NBIS-USDT-SWAP232.610get 0.0000% / 8h6h 02m$3.3M$16.5M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
−$20.38
Price spread: +0.089% → −0.015%
$10.38
Slippage, 4 orders
−$19.02
Fee Binance: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$49.03
Costs to cover
0.390%
Break-even
never at this rate
Slippage from Binance: live order book, 3 min ago; OKX: live order book, 4 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, 3 min ago1.08 bp9.1 bp −$925.7 bp −$25787.5 bp −$8,749doesn't fit
Sell OKX live order book, 4 min ago2.58 bp9.1 bp −$933.0 bp −$330doesn't fitdoesn't fit

NBIS on 31 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NBIS-USDT-SWAPshort0.0000%8h232.61+0.089%$3.3M$16.5M25x
Gate NBIS_USDT0.0000%8h232.46+0.024%$2.7M$5.1M50xas long as short
Bitget NBISUSDT0.0000%8h232.52+0.050%$2.3M$4.6M20xas long as short
SunX NBIS-USDT0.0000%8h232.07−0.144%$982$1.5M10xas long as short
Deribit NBIS_USDC-PERPETUAL0.0000%1h232.03−0.161%$34K$49K10xas long as short
HTX NBIS-USDT0.0000%8h232.36−0.019%$13K$62K20xas long as short
Phemex NBISUSDT0.0000%8h232.61+0.089%$1.6M$969K10xas long as short
Variational Omni NBIS+0.0024%8h232.60+0.085%$2.9M$636Kas long as short
Bybit NBISUSDT+0.0039%8h232.47+0.029%$5.0M$6.8M50xas long as short
Vest NBIS-USD-PERP+0.0046%1h232.37−0.014%$250K5xas long as short
Show all 31 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps NBIS-USD+0.0050%1h232.14−0.113%$138K$472K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h231.86−0.234%$153K$522K10xas long as short
QFEX NBIS-USD+0.0054%1h232.13−0.118%$1.6M$3.7M10xas long as short
Aster NBISUSDT+0.0063%8h232.06−0.147%$74K$312K50xas long as short
Coinbase International NBIS-PERP-INTX+0.0088%1h231.78−0.268%$382K$876K10xas long as short
Extended NBIS-USD+0.0096%1h232.31−0.039%$146K$844K10xas long as short
Binance NBISUSDTlong+0.0097%8h232.40long leg$19.7M$90.8M25x
BloFin NBIS-USDT+0.0098%8h232.68+0.119%$157K$216K20xas long as short
KuCoin NBISUSDTM+0.0100%8h232.12−0.122%$471K$164K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h232.20−0.088%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h232.15−0.109%10xas long as short
Nado NBIS-PERP+0.0135%1h232.11−0.127%$38K$86K3xas long as short
SoDEX NBIS-USD+0.0140%1h232.44+0.016%$60$19K10xas long as short
Arcus NBIS-USD+0.0257%1h232.23−0.075%$42K$121K5xas long as short
tradeXYZ xyz:NBIS+0.0285%1h232.43+0.011%$54.7M$19.2M10xas long as short
GRVT NBIS_USDT_Perp+0.0318%8h232.34−0.028%$4K$103K10xas long as short
Phoenix NBIS+0.0347%1h232.07−0.144%$7K$127K10xas long as short
Lighter NBIS+0.0384%1h232.42+0.007%$942K$4.1M10xas long as short
Entropy io:NBIS+0.0664%1h232.18−0.096%$10.1M$3.1M10xas long as short
edgeX NBISUSDC+0.0732%4h232.38−0.009%$37K$227K10xas long as short
Kraken Futures PF_NBISUSD+0.0765%1h232.16−0.104%$22K$11K20xas long as short