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

NBIS

RWAall NBIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 13:00 UTC+0.0046%/8h= +5.0% APRnext payment +$0.06 per $10,000 · paid last 24h −0.029%
Price spread now: Vest against Deribit+0.259%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 fees+ Points / potential airdropVest: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Vest is 0.259% dearer against Deribit than usual: you sell high and buy low: +$26 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit NBIS_USDC-PERPETUAL231.640get 0.0000% / 1h22m 06s$36K$52K10x
ShortVest NBIS-USD-PERP232.240.0046get 0.0006% / 1h22m 06s$246K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
$9.59
Price spread: +0.259% → 0.000%
$25.9
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Vest: 1 bp × 2 orders
−$2
Net
$26.5
Costs to cover
0.090%
Break-even
from the start
Slippage unknown: Deribit: no order-book sample; Vest: 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 Vest no order-book sample
Deribit and Vest: 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NBIS-USDT-SWAP0.0000%8h231.66+0.009%$3.3M$15.9M25xas long as short
Gate NBIS_USDT0.0000%8h231.88+0.104%$2.7M$4.7M50xas long as short
Bitget NBISUSDT0.0000%8h231.71+0.030%$2.2M$4.4M20xas long as short
SunX NBIS-USDT0.0000%8h232.61+0.419%$1K$1.2M10xas long as short
Deribit NBIS_USDC-PERPETUALlong0.0000%1h231.64long leg$36K$52K10x
HTX NBIS-USDT0.0000%8h232.54+0.389%$12K$61K20xas long as short
Phemex NBISUSDT0.0000%8h231.85+0.091%$1.6M$967K10xas long as short
Bybit NBISUSDT+0.0030%8h231.90+0.112%$5.4M$6.9M50xas long as short
QFEX NBIS-USD+0.0042%1h231.92+0.121%$1.6M$3.5M10xas long as short
Vest NBIS-USD-PERPshort+0.0046%1h232.24+0.259%$246K5x
Show all 31 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps NBIS-USD+0.0050%1h231.84+0.086%$129K$393K10xas long as short
SoDEX NBIS-USD+0.0050%1h231.85+0.091%$1K$20K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h232.42+0.337%$154K$499K10xas long as short
KuCoin NBISUSDTM+0.0100%8h231.92+0.121%$460K$350K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h232.10+0.199%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h231.98+0.149%10xas long as short
Nado NBIS-PERP+0.0107%1h231.95+0.134%$38K$54K3xas long as short
Variational Omni NBIS+0.0108%8h232.46+0.352%$2.9M$604Kas long as short
tradeXYZ xyz:NBIS+0.0121%1h231.58−0.026%$55.3M$18.8M10xas long as short
BloFin NBIS-USDT+0.0143%8h232.36+0.311%$208K$215K20xas long as short
edgeX NBISUSDC+0.0161%4h232.52+0.379%$31K$234K10xas long as short
GRVT NBIS_USDT_Perp+0.0164%8h232.52+0.380%$5K$100K10xas long as short
Aster NBISUSDT+0.0169%8h232.47+0.357%$80K$314K50xas long as short
Extended NBIS-USD+0.0176%1h231.96+0.139%$146K$1.1M10xas long as short
Binance NBISUSDT+0.0177%8h231.97+0.144%$20.4M$87.8M25xas long as short
Lighter NBIS+0.0192%1h231.77+0.056%$928K$3.7M10xas long as short
Arcus NBIS-USD+0.0277%1h231.92+0.121%$42K$111K5xas long as short
Coinbase International NBIS-PERP-INTX+0.0304%1h232.43+0.341%$380K$850K10xas long as short
Phoenix NBIS+0.0345%1h232.61+0.419%$7K$115K10xas long as short
Kraken Futures PF_NBISUSD+0.0509%1h231.83+0.080%$22K$10K20xas long as short
Entropy io:NBIS+0.0518%1h232.24+0.259%$10.1M$2.7M10xas long as short