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−0.0029%/8h= −3.2% APRnext payment $0.04 per $10,000 · paid last 24h −0.059%
Price spread now: SoDEX against Coinbase International+0.155%7-day average · you sell dearer than you buy
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 3 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 pays, funding is against you. SoDEX is 0.155% dearer against Coinbase International than usual: you sell high and buy low (spread +0.155% now, against zero (this spread has no 7-day history yet)): +$16 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 18 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International NBIS-PERP-INTX231.920.0168pay 0.0021% / 1h10m 12s$351K$815K10x
ShortSoDEX NBIS-USD232.280.0139get 0.0017% / 1h10m 12s$102$20K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against Coinbase International. 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
−$6.17
Price spread: +0.155% → 0.000%
$15.52
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$8.65
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Coinbase International: live order book, 38 min ago; SoDEX: 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 Coinbase International live order book, 38 min ago7.11 bp13.8 bp −$1421.3 bp −$213doesn't fitdoesn't fit
Sell SoDEX no order-book sample
SoDEX: 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
Bitget NBISUSDT−0.0483%8h232.25+0.142%$2.3M$4.6M20xas long as short
BloFin NBIS-USDT−0.0008%8h232.16+0.103%$204K$206K20xas long as short
Aster NBISUSDT0.0000%8h232.27+0.150%$85K$311K50xas long as short
Extended NBIS-USD0.0000%1h232.15+0.097%$146K$753K10xas long as short
Binance NBISUSDT0.0000%8h232.39+0.202%$18.6M$87.0M25xas long as short
Bybit NBISUSDT0.0000%8h232.44+0.224%$4.9M$6.5M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h232.41+0.211%$3.3M$16.2M25xas long as short
Gate NBIS_USDT0.0000%8h232.28+0.155%$2.7M$5.1M50xas long as short
Variational Omni NBIS0.0000%8h232.26+0.148%$2.8M$602Kas long as short
GRVT NBIS_USDT_Perp0.0000%8h231.39−0.229%$5K$117K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX NBIS-USDT0.0000%8h232.17+0.108%$1K$1.6M10xas long as short
HTX NBIS-USDT0.0000%8h232.24+0.138%$15K$61K20xas long as short
Phemex NBISUSDT0.0000%8h232.46+0.233%$1.6M$957K10xas long as short
QFEX NBIS-USD+0.0029%1h232.11+0.082%$1.5M$3.9M10xas long as short
Nado NBIS-PERP+0.0038%1h232.06+0.062%$38K$115K3xas long as short
Arcus NBIS-USD+0.0040%1h231.80−0.052%$42K$132K5xas long as short
Vest NBIS-USD-PERP+0.0046%1h232.14+0.095%$220K5xas long as short
Polymarket Perps NBIS-USD+0.0050%1h232.12+0.086%$138K$473K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h232.09+0.073%$152K$548K10xas long as short
edgeX NBISUSDC+0.0060%4h231.91−0.002%$37K$225K10xas long as short
KuCoin NBISUSDTM+0.0100%8h232.01+0.039%$478K$20K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h232.30+0.164%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h232.30+0.162%10xas long as short
tradeXYZ xyz:NBIS+0.0109%1h232.16+0.103%$54.6M$21.1M10xas long as short
SoDEX NBIS-USDshort+0.0139%1h232.28+0.155%$102$20K10x
Coinbase International NBIS-PERP-INTXlong+0.0168%1h231.92long leg$351K$815K10x
Kraken Futures PF_NBISUSD+0.0222%1h232.24+0.139%$23K$15K20xas long as short
Phoenix NBIS+0.0242%1h231.99+0.030%$7K$150K10xas long as short
Lighter NBIS+0.0248%1h232.43+0.220%$940K$4.0M10xas long as short
Deribit NBIS_USDC-PERPETUAL+0.0310%1h232.15+0.099%$34K$49K10xas long as short
Entropy io:NBIS+0.0380%1h231.87−0.022%$10.1M$3.2M10xas long as short