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

NBIS

RWAall NBIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0601%/8h= −65.8% APRnext payment $0.75 per $10,000 · paid last 24h
Price spread now: Aevo against Deribit−0.067%7-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 7 daysno history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and Aevo is 0.067% cheaper against Deribit than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit NBIS_USDC-PERPETUAL230.640.0705pay 0.0088% / 1h24m 03s$34K$49K10x
ShortAevo NBIS-PERP230.490.0104get 0.0013% / 1h24m 03s10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Deribit. 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
−$126.16
Price spread: −0.067% → 0.000%
−$6.69
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$155.86
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Deribit: no order-book sample; Aevo: 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 Deribit no order-book sample
Sell Aevo no order-book sample
Deribit and Aevo: 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−0.0495%8h230.88+0.104%$2.3M$4.6M20xas long as short
BloFin NBIS-USDT−0.0029%8h230.52−0.052%$204K$204K20xas long as short
Aster NBISUSDT0.0000%8h230.63−0.004%$84K$311K50xas long as short
Extended NBIS-USD0.0000%1h230.73+0.038%$146K$757K10xas long as short
Binance NBISUSDT0.0000%8h230.77+0.058%$18.5M$86.7M25xas long as short
Bybit NBISUSDT0.0000%8h230.84+0.087%$4.9M$6.4M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h230.85+0.091%$3.3M$16.1M25xas long as short
Gate NBIS_USDT0.0000%8h230.85+0.091%$2.7M$5.1M50xas long as short
Variational Omni NBIS0.0000%8h230.38−0.114%$2.9M$554Kas long as short
GRVT NBIS_USDT_Perp0.0000%8h230.84+0.086%$5K$118K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX NBIS-USDT0.0000%8h230.70+0.026%$1K$1.6M10xas long as short
HTX NBIS-USDT0.0000%8h230.52−0.052%$15K$61K20xas long as short
Phemex NBISUSDT0.0000%8h230.88+0.104%$1.6M$955K10xas long as short
Nado NBIS-PERP+0.0014%1h230.29−0.150%$37K$115K3xas long as short
QFEX NBIS-USD+0.0029%1h230.51−0.056%$1.5M$3.9M10xas long as short
Arcus NBIS-USD+0.0040%1h230.35−0.126%$42K$132K5xas long as short
Vest NBIS-USD-PERP+0.0046%1h230.45−0.082%$220K5xas long as short
Polymarket Perps NBIS-USD+0.0050%1h230.49−0.065%$137K$473K10xas long as short
SoDEX NBIS-USD+0.0050%1h230.49−0.065%$111$20K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h230.65+0.004%$152K$532K10xas long as short
tradeXYZ xyz:NBIS+0.0068%1h230.74+0.043%$53.6M$20.6M10xas long as short
KuCoin NBISUSDTM+0.0100%8h230.47−0.074%$475K$20K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h230.52−0.052%$2K$3K10xas long as short
Aevo NBIS-PERPshort+0.0104%1h230.49−0.067%10x
Coinbase International NBIS-PERP-INTX+0.0168%1h230.62−0.009%$353K$792K10xas long as short
Kraken Futures PF_NBISUSD+0.0223%1h230.55−0.040%$23K$15K20xas long as short
Lighter NBIS+0.0232%1h230.62−0.009%$929K$4.0M10xas long as short
Phoenix NBIS+0.0242%1h230.44−0.087%$7K$150K10xas long as short
Entropy io:NBIS+0.0292%1h230.43−0.091%$10.0M$3.2M10xas long as short
edgeX NBISUSDC+0.0361%4h230.33−0.136%$37K$226K10xas long as short
Deribit NBIS_USDC-PERPETUALlong+0.0705%1h230.64long leg$34K$49K10x