Funding arb · Price arb /

NBIS

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0069%/8h= +7.6% APRpaid last 24h −0.014%

Price spread now: Vest against BloFin+0.107%105s7-day average +0.445% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on BloFin Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.048%−$5 on $10k

Price spread, last 4 days (all we have)−0.048%−$5 · spread now +0.107%, 7d avg +0.445%

Together, before fees−0.096%+ Points / potential airdropVest: Active · farm board−$10 on $10k · with fees, hour by hour

Funding pays, the price is against you. Vest is 0.338% cheaper against BloFin than usual: you would sell low and buy high (spread +0.107% now, against its 7-day average of +0.445%). If the spread goes back, that is −$34 on $10k: about 16 days of funding at the current rate (+$2 a day). The two prices were read 105 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin NBIS-USDT	233.61	−0.0023	get 0.0023% / 8h	3h 37m	$206K	$205K	20x
Short	Vest NBIS-USD-PERP	233.86	0.0046	get 0.0006% / 1h	37m 37s	—	$216K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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

Position, each leg$Hold fordaysFee BloFinbpFee VestbpOrdersPrice spread, now +0.107%Rate

Funding earned: $14.48
Price spread: +0.107% → +0.445%: −$33.75
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Vest: 1 bp × 2 orders: −$2
Net: −$33.27
Costs to cover: 0.140%
Break-even: 23.1 days

Slippage unknown: BloFin: live order book, 53 min ago; Vest: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BloFin live order book, 53 min ago	0.85 bp	9.9 bp −$10	21.6 bp −$216	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin NBIS-USDTlong	−0.0023%	8h	233.61	long leg	$206K	$205K	20x
Aster NBISUSDT	0.0000%	8h	233.93	+0.135%	$78K	$310K	50x	as long as short
Extended NBIS-USD	0.0000%	1h	233.69	+0.033%	$147K	$699K	10x	as long as short
Binance NBISUSDT	0.0000%	8h	233.79	+0.076%	$19.2M	$84.8M	25x	as long as short
Bybit NBISUSDT	0.0000%	8h	233.82	+0.090%	$5.0M	$6.3M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	233.72	+0.047%	$3.4M	$16.1M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	233.74	+0.056%	$2.7M	$5.0M	50x	as long as short
Bitget NBISUSDT	0.0000%	8h	233.78	+0.073%	$2.4M	$4.4M	20x	as long as short
Variational Omni NBIS	0.0000%	8h	233.67	+0.027%	$2.9M	$556K	—	as long as short
GRVT NBIS_USDT_Perp	0.0000%	8h	233.68	+0.030%	$4K	$119K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX NBIS-USDT	0.0000%	8h	233.83	+0.094%	$849	$1.7M	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	234.10	+0.210%	$15K	$60K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	233.83	+0.094%	$1.6M	$954K	10x	as long as short
Nado NBIS-PERP	+0.0028%	1h	233.50	−0.049%	$38K	$115K	3x	as long as short
QFEX NBIS-USD	+0.0034%	1h	233.74	+0.056%	$1.5M	$4.0M	10x	as long as short
Arcus NBIS-USD	+0.0040%	1h	233.67	+0.026%	$42K	$132K	5x	as long as short
Vest NBIS-USD-PERPshort	+0.0046%	1h	233.86	+0.107%	—	$216K	5x
Kraken Futures PF_NBISUSD	+0.0049%	1h	233.58	−0.015%	$23K	$15K	20x	as long as short
tradeXYZ xyz:NBIS	+0.0050%	1h	233.54	−0.030%	$54.4M	$20.0M	10x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	233.68	+0.030%	$147K	$456K	10x	as long as short
SoDEX NBIS-USD	+0.0050%	1h	233.66	+0.021%	$75	$21K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	233.98	+0.158%	$160K	$502K	10x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	233.60	−0.004%	$481K	$20K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	233.66	+0.021%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	233.63	+0.008%	—	—	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0104%	1h	235.56	+0.835%	$389K	$724K	10x	as long as short
Phoenix NBIS	+0.0239%	1h	233.81	+0.086%	$7K	$150K	10x	as long as short
Lighter NBIS	+0.0240%	1h	233.66	+0.021%	$912K	$3.9M	10x	as long as short
Entropy io:NBIS	+0.0293%	1h	233.73	+0.051%	$10.1M	$3.2M	10x	as long as short
Deribit NBIS_USDC-PERPETUAL	+0.0349%	1h	233.68	+0.030%	$35K	$49K	10x	as long as short
edgeX NBISUSDC	+0.0849%	4h	233.62	+0.004%	$37K	$226K	10x	as long as short