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

NBIS

RWAall NBIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.018%
Price spread now: Bitget against Bybit−0.017%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$590.589% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 7 days−0.006%−$1 · spread now −0.017%, 7d avg +0.005%
Together, before fees−0.005%−$1 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: Bitget is 0.022% cheaper against Bybit than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit NBISUSDT234.210get 0.0000% / 8h6h 16m$5.1M$6.3M50x
ShortBitget NBISUSDT234.170get 0.0000% / 8h6h 16m$2.4M$4.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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
$0
Price spread: −0.017% → +0.005%
−$2.24
Slippage, 4 orders
−$35.88
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$61.12
Costs to cover
0.589%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; Bitget: live order book, 2 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 Bybit live order book, 2 min ago2.99 bp12.5 bp −$1360.9 bp −$609doesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago1.92 bp17.2 bp −$1731.0 bp −$31054.4 bp −$5,437doesn't fit

NBIS on 30 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
Bybit NBISUSDTlong0.0000%8h234.21long leg$5.1M$6.3M50x
OKX NBIS-USDT-SWAP0.0000%8h234.19−0.009%$3.4M$16.4M25xas long as short
Gate NBIS_USDT0.0000%8h234.16−0.021%$2.8M$5.0M50xas long as short
Bitget NBISUSDTshort0.0000%8h234.17−0.017%$2.4M$4.5M20x
GRVT NBIS_USDT_Perp0.0000%8h234.07−0.058%$5K$128K10xas long as short
SunX NBIS-USDT0.0000%8h234.28+0.030%$944$1.7M10xas long as short
Deribit NBIS_USDC-PERPETUAL0.0000%1h234.11−0.043%$35K$48K10xas long as short
HTX NBIS-USDT0.0000%8h234.04−0.073%$15K$60K20xas long as short
Phemex NBISUSDT0.0000%8h234.16−0.021%$1.6M$972K10xas long as short
QFEX NBIS-USD+0.0024%1h234.18−0.013%$1.5M$4.5M10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus NBIS-USD+0.0040%1h234.08−0.056%$42K$132K5xas long as short
Vest NBIS-USD-PERP+0.0046%1h234.35+0.060%$215K5xas long as short
Polymarket Perps NBIS-USD+0.0050%1h234.13−0.034%$149K$453K10xas long as short
SoDEX NBIS-USD+0.0050%1h234.15−0.026%$61$20K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h233.96−0.107%$164K$498K10xas long as short
tradeXYZ xyz:NBIS+0.0063%1h234.13−0.034%$54.7M$20.0M10xas long as short
Nado NBIS-PERP+0.0067%1h234.17−0.016%$67K$95K3xas long as short
Kraken Futures PF_NBISUSD+0.0096%1h234.02−0.081%$24K$15K20xas long as short
KuCoin NBISUSDTM+0.0100%8h234.17−0.017%$483K$21K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h234.17−0.017%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h234.16−0.020%10xas long as short
Coinbase International NBIS-PERP-INTX+0.0112%1h233.89−0.137%$383K$714K10xas long as short
Variational Omni NBIS+0.0184%8h234.12−0.038%$2.8M$571Kas long as short
Aster NBISUSDT+0.0189%8h234.35+0.061%$81K$314K50xas long as short
Binance NBISUSDT+0.0206%8h234.15−0.026%$19.2M$84.8M25xas long as short
Extended NBIS-USD+0.0208%1h234.13−0.036%$147K$699K10xas long as short
Lighter NBIS+0.0232%1h234.210.000%$904K$4.4M10xas long as short
Phoenix NBIS+0.0306%1h234.27+0.026%$7K$152K10xas long as short
Entropy io:NBIS+0.0409%1h234.20−0.004%$10.2M$3.3M10xas long as short
edgeX NBISUSDC+0.0978%4h234.03−0.078%$38K$227K10xas long as short