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

NBIS

RWAall NBIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.028%
Price spread now: Gate against Deribit+0.048%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.048% dearer against Deribit than usual: you sell high and buy low, +$5 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit NBIS_USDC-PERPETUAL230.400get 0.0000% / 1h41m 30s$34K$49K10x
ShortGate NBIS_USDT230.510get 0.0000% / 8h1h 41m$2.7M$5.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$0
Price spread: +0.048% → 0.000%
$4.77
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$17.23
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Deribit: no order-book sample; Gate: live order book, 2 min ago. 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 Gate live order book, 2 min ago3.26 bp85.8 bp −$86256.2 bp −$2,562doesn't fitdoesn't fit
Deribit: 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−0.0481%8h230.52+0.052%$2.3M$4.6M20xas long as short
Aster NBISUSDT0.0000%8h230.33−0.029%$84K$311K50xas long as short
Extended NBIS-USD0.0000%1h230.25−0.065%$144K$678K10xas long as short
Binance NBISUSDT0.0000%8h230.38−0.010%$18.5M$87.3M25xas long as short
Bybit NBISUSDT0.0000%8h230.48+0.035%$4.9M$6.6M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h230.45+0.022%$3.3M$16.2M25xas long as short
Gate NBIS_USDTshort0.0000%8h230.51+0.048%$2.7M$5.1M50x
Variational Omni NBIS0.0000%8h230.87+0.206%$2.8M$602Kas long as short
GRVT NBIS_USDT_Perp0.0000%8h230.38−0.010%$5K$116K10xas long as short
SunX NBIS-USDT0.0000%8h230.53+0.056%$1K$1.6M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit NBIS_USDC-PERPETUALlong0.0000%1h230.40long leg$34K$49K10x
HTX NBIS-USDT0.0000%8h230.86+0.200%$15K$57K20xas long as short
Phemex NBISUSDT0.0000%8h230.62+0.095%$1.6M$963K10xas long as short
BloFin NBIS-USDT+0.0001%8h230.38−0.009%$203K$205K20xas long as short
Arcus NBIS-USD+0.0040%1h230.52+0.052%$42K$132K5xas long as short
Vest NBIS-USD-PERP+0.0046%1h230.44+0.017%$221K5xas long as short
Polymarket Perps NBIS-USD+0.0050%1h230.48+0.035%$137K$473K10xas long as short
SoDEX NBIS-USD+0.0050%1h230.400.000%$88$20K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h230.31−0.039%$152K$547K10xas long as short
QFEX NBIS-USD+0.0056%1h230.56+0.069%$1.5M$3.9M10xas long as short
Nado NBIS-PERP+0.0064%1h230.41+0.006%$37K$115K3xas long as short
KuCoin NBISUSDTM+0.0100%8h230.36−0.017%$475K$20K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h230.56+0.069%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h230.52+0.054%10xas long as short
Coinbase International NBIS-PERP-INTX+0.0120%1h230.50+0.043%$350K$812K10xas long as short
tradeXYZ xyz:NBIS+0.0138%1h230.48+0.035%$54.2M$21.0M10xas long as short
Lighter NBIS+0.0192%1h230.42+0.009%$946K$4.0M10xas long as short
Phoenix NBIS+0.0311%1h230.47+0.030%$7K$150K10xas long as short
Entropy io:NBIS+0.0364%1h230.58+0.078%$10.0M$3.1M10xas long as short
edgeX NBISUSDC+0.0470%4h230.86+0.201%$37K$228K10xas long as short
Kraken Futures PF_NBISUSD+0.0686%1h230.49+0.039%$23K$15K20xas long as short