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

NBIS

RWAall NBIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.004%
Price spread now: Gate against Bybit−0.039%7-day average +0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$610.609% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.023%−$2 on $10k
Price spread, last 7 days+0.054%+$5 · spread now −0.039%, 7d avg +0.019%
Together, before fees+0.030%+$3 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: Gate is 0.058% cheaper against Bybit than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.019%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit NBISUSDT228.940get 0.0000% / 8h7h 37m$4.8M$6.7M50x
ShortGate NBIS_USDT228.850get 0.0000% / 8h7h 37m$2.7M$5.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: −0.039% → +0.019%
−$5.78
Slippage, 4 orders
−$34.89
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$66.67
Costs to cover
0.609%
Break-even
never at this rate
Slippage from Bybit: live order book, 1 min ago; Gate: live order book, 1 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, 1 min ago2.18 bp11.7 bp −$1258.8 bp −$588doesn't fitdoesn't fit
Sell Gate live order book, 1 min ago3.71 bp20.2 bp −$2081.8 bp −$818291.2 bp −$29.1Kdoesn't fit

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
Bitget NBISUSDT−0.0280%8h229.02+0.035%$2.3M$4.5M20xas long as short
Coinbase International NBIS-PERP-INTX−0.0008%1h229.39+0.197%$355K$806K10xas long as short
Aster NBISUSDT0.0000%8h228.81−0.057%$81K$313K50xas long as short
Extended NBIS-USD0.0000%1h228.86−0.035%$146K$877K10xas long as short
Binance NBISUSDT0.0000%8h228.93−0.004%$18.6M$88.5M25xas long as short
Bybit NBISUSDTlong0.0000%8h228.94long leg$4.8M$6.7M50x
OKX NBIS-USDT-SWAP0.0000%8h228.91−0.013%$3.2M$15.8M25xas long as short
Gate NBIS_USDTshort0.0000%8h228.85−0.039%$2.7M$5.1M50x
Variational Omni NBIS0.0000%8h228.94+0.001%$2.8M$576Kas long as short
GRVT NBIS_USDT_Perp0.0000%8h228.78−0.072%$4K$114K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX NBIS-USDT0.0000%8h228.91−0.013%$1K$1.6M10xas long as short
Deribit NBIS_USDC-PERPETUAL0.0000%1h228.60−0.149%$34K$49K10xas long as short
HTX NBIS-USDT0.0000%8h229.04+0.044%$15K$58K20xas long as short
Phemex NBISUSDT0.0000%8h228.83−0.048%$1.5M$971K10xas long as short
BloFin NBIS-USDT+0.0003%8h228.86−0.035%$202K$212K20xas long as short
Arcus NBIS-USD+0.0040%1h228.86−0.035%$42K$124K5xas long as short
Vest NBIS-USD-PERP+0.0046%1h228.57−0.162%$224K5xas long as short
Polymarket Perps NBIS-USD+0.0050%1h228.70−0.105%$136K$466K10xas long as short
SoDEX NBIS-USD+0.0050%1h228.75−0.083%$64$20K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h228.53−0.179%$148K$538K10xas long as short
Nado NBIS-PERP+0.0059%1h228.64−0.132%$38K$116K3xas long as short
QFEX NBIS-USD+0.0064%1h228.83−0.048%$1.5M$3.7M10xas long as short
tradeXYZ xyz:NBIS+0.0076%1h228.76−0.079%$53.4M$21.4M10xas long as short
KuCoin NBISUSDTM+0.0100%8h228.75−0.083%$470K$56K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h228.82−0.052%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h228.73−0.090%10xas long as short
Lighter NBIS+0.0136%1h228.97+0.013%$917K$4.0M10xas long as short
Phoenix NBIS+0.0277%1h229.09+0.066%$7K$125K10xas long as short
Entropy io:NBIS+0.0307%1h228.85−0.039%$10.0M$3.1M10xas long as short
Kraken Futures PF_NBISUSD+0.0682%1h228.71−0.102%$22K$16K20xas long as short
edgeX NBISUSDC+0.0808%4h228.81−0.058%$37K$227K10xas long as short