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

NBIS

RWAall NBIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0072%/8h= +7.9% APRpaid last 24h +0.062%
Price spread now: Kraken Futures against BloFin−0.015%57s7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin NBIS-USDT233.61−0.0023get 0.0023% / 8h3h 37m$206K$205K20x
ShortKraken Futures PF_NBISUSD233.580.0049get 0.0006% / 1h37m 18s$23K$15K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against BloFin. 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
$15.09
Price spread: −0.015% → 0.000%
−$1.47
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$8.38
Costs to cover
0.220%
Break-even
10.9 days
Slippage unknown: BloFin: live order book, 53 min ago; Kraken Futures: no order-book sample. 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 BloFin live order book, 53 min ago0.85 bp9.9 bp −$1021.6 bp −$216doesn't fitdoesn't fit
Sell Kraken Futures no order-book sample
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
BloFin NBIS-USDTlong−0.0023%8h233.61long leg$206K$205K20x
Aster NBISUSDT0.0000%8h233.93+0.137%$78K$310K50xas long as short
Extended NBIS-USD0.0000%1h233.69+0.033%$147K$699K10xas long as short
Binance NBISUSDT0.0000%8h233.82+0.090%$19.2M$84.8M25xas long as short
Bybit NBISUSDT0.0000%8h233.86+0.107%$5.0M$6.3M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h233.79+0.077%$3.4M$16.1M25xas long as short
Gate NBIS_USDT0.0000%8h233.81+0.086%$2.7M$5.0M50xas long as short
Bitget NBISUSDT0.0000%8h233.85+0.103%$2.4M$4.4M20xas long as short
Variational Omni NBIS0.0000%8h233.67+0.027%$2.9M$556Kas long as short
GRVT NBIS_USDT_Perp0.0000%8h233.68+0.030%$4K$119K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX NBIS-USDT0.0000%8h233.83+0.094%$849$1.7M10xas long as short
HTX NBIS-USDT0.0000%8h234.10+0.210%$15K$60K20xas long as short
Phemex NBISUSDT0.0000%8h233.83+0.094%$1.6M$954K10xas long as short
Nado NBIS-PERP+0.0028%1h233.50−0.049%$38K$115K3xas long as short
QFEX NBIS-USD+0.0034%1h233.74+0.056%$1.5M$4.0M10xas long as short
Arcus NBIS-USD+0.0040%1h233.67+0.026%$42K$132K5xas long as short
Vest NBIS-USD-PERP+0.0046%1h233.86+0.107%$216K5xas long as short
Kraken Futures PF_NBISUSDshort+0.0049%1h233.58−0.015%$23K$15K20x
tradeXYZ xyz:NBIS+0.0050%1h233.71+0.043%$54.5M$20.0M10xas long as short
Polymarket Perps NBIS-USD+0.0050%1h233.69+0.034%$147K$456K10xas long as short
SoDEX NBIS-USD+0.0050%1h233.66+0.021%$75$21K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h233.98+0.158%$160K$502K10xas long as short
KuCoin NBISUSDTM+0.0100%8h233.65+0.017%$481K$20K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h233.69+0.034%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h233.64+0.012%10xas long as short
Coinbase International NBIS-PERP-INTX+0.0104%1h235.56+0.835%$389K$724K10xas long as short
Phoenix NBIS+0.0239%1h233.81+0.086%$7K$150K10xas long as short
Lighter NBIS+0.0240%1h233.66+0.021%$912K$3.9M10xas long as short
Entropy io:NBIS+0.0293%1h233.73+0.051%$10.1M$3.2M10xas long as short
Deribit NBIS_USDC-PERPETUAL+0.0349%1h233.68+0.030%$35K$49K10xas long as short
edgeX NBISUSDC+0.0849%4h233.62+0.004%$37K$226K10xas long as short