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

NBIS

RWAall NBIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0849%/8h= −92.9% APRnext payment $1.06 per $10,000 · paid last 24h −0.012%
Price spread now: SoDEX against Deribit+0.017%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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$25 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit NBIS_USDC-PERPETUAL235.300.0899pay 0.0112% / 1h11m 05s$35K$49K10x
ShortSoDEX NBIS-USD235.340.0050get 0.0006% / 1h11m 05s$52$21K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$178.25
Price spread: +0.017% → 0.000%
$1.7
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$191.55
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Deribit: no order-book sample; 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 Deribit no order-book sample
Sell SoDEX no order-book sample
Deribit and 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
Nado NBIS-PERP−0.0063%1h235.08−0.095%$38K$115K3xas long as short
Bybit NBISUSDT0.0000%8h235.49+0.081%$5.0M$6.3M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h235.38+0.034%$3.4M$16.2M25xas long as short
Gate NBIS_USDT0.0000%8h235.40+0.042%$2.8M$5.0M50xas long as short
Bitget NBISUSDT0.0000%8h235.42+0.051%$2.4M$4.4M20xas long as short
Variational Omni NBIS0.0000%8h235.40+0.043%$2.9M$561Kas long as short
GRVT NBIS_USDT_Perp0.0000%8h235.29−0.004%$5K$120K10xas long as short
SunX NBIS-USDT0.0000%8h235.44+0.059%$1K$1.7M10xas long as short
HTX NBIS-USDT0.0000%8h235.32+0.008%$15K$60K20xas long as short
Phemex NBISUSDT0.0000%8h235.47+0.072%$1.6M$955K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX NBISUSDC+0.0029%4h235.20−0.042%$38K$227K10xas long as short
Aster NBISUSDT+0.0035%8h235.33+0.013%$79K$310K50xas long as short
QFEX NBIS-USD+0.0038%1h235.37+0.030%$1.5M$4.2M10xas long as short
Binance NBISUSDT+0.0039%8h235.45+0.063%$19.4M$84.5M25xas long as short
Extended NBIS-USD+0.0040%1h235.36+0.026%$150K$701K10xas long as short
Arcus NBIS-USD+0.0040%1h235.19−0.047%$43K$132K5xas long as short
Vest NBIS-USD-PERP+0.0046%1h235.54+0.102%$216K5xas long as short
tradeXYZ xyz:NBIS+0.0050%1h235.38+0.034%$54.9M$19.9M10xas long as short
Polymarket Perps NBIS-USD+0.0050%1h235.29−0.004%$149K$453K10xas long as short
SoDEX NBIS-USDshort+0.0050%1h235.34+0.017%$52$21K10x
Ondo Perps NBIS-USD.P+0.0050%1h235.24−0.025%$161K$503K10xas long as short
Coinbase International NBIS-PERP-INTX+0.0056%1h235.56+0.110%$389K$724K10xas long as short
BloFin NBIS-USDT+0.0058%8h235.45+0.064%$207K$205K20xas long as short
KuCoin NBISUSDTM+0.0100%8h235.09−0.089%$484K$21K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h235.29−0.004%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h235.27−0.015%10xas long as short
Lighter NBIS+0.0160%1h235.31+0.004%$903K$4.1M10xas long as short
Phoenix NBIS+0.0272%1h235.26−0.017%$7K$150K10xas long as short
Entropy io:NBIS+0.0417%1h235.24−0.025%$10.2M$3.2M10xas long as short
Kraken Futures PF_NBISUSD+0.0477%1h235.41+0.046%$24K$15K20xas long as short
Deribit NBIS_USDC-PERPETUALlong+0.0899%1h235.30long leg$35K$49K10x