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−0.0267%/8h= −29.2% APRpaid last 24h −0.146%
Price spread now: Ondo Perps against edgeX+0.115%54s7-day average −0.023% · 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 7 days−0.722%−$72 on $10k
Price spread, last 4 days (all we have)−0.293%−$29 · spread now +0.115%, 7d avg −0.023%
Together, before fees−1.015%+ Points / potential airdropedgeX: Active · Ondo Perps: Active · farm board−$101 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.138% dearer against edgeX than usual: you sell high and buy low (spread +0.115% now, against its 7-day average of −0.023%): +$14 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 42 hours. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX NBISUSDC231.930.0317pay 0.0159% / 4h3h 04m$37K$226K10x
ShortOndo Perps NBIS-USD.P232.200.0050get 0.0006% / 1h4m 21s$160K$508K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against edgeX. 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
−$56.02
Price spread: +0.115% → −0.023%
$13.84
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$56.18
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: edgeX: live order book, 48 min ago; Ondo Perps: 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 edgeX live order book, 48 min ago5.98 bp16.8 bp −$17doesn't fitdoesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: 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
Aster NBISUSDT0.0000%8h232.69+0.327%$78K$310K50xas long as short
Extended NBIS-USD0.0000%1h232.32+0.168%$146K$626K10xas long as short
Binance NBISUSDT0.0000%8h232.60+0.289%$18.9M$85.6M25xas long as short
Bybit NBISUSDT0.0000%8h232.61+0.292%$5.0M$6.4M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h232.45+0.223%$3.4M$16.1M25xas long as short
Gate NBIS_USDT0.0000%8h232.62+0.296%$2.7M$5.1M50xas long as short
Bitget NBISUSDT0.0000%8h232.71+0.335%$2.4M$4.5M20xas long as short
Variational Omni NBIS0.0000%8h232.62+0.298%$2.9M$552Kas long as short
GRVT NBIS_USDT_Perp0.0000%8h232.14+0.088%$5K$118K10xas long as short
SunX NBIS-USDT0.0000%8h232.34+0.176%$985$1.6M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit NBIS_USDC-PERPETUAL0.0000%1h232.35+0.180%$34K$49K10xas long as short
HTX NBIS-USDT0.0000%8h232.34+0.176%$15K$60K20xas long as short
Phemex NBISUSDT0.0000%8h232.33+0.171%$1.6M$956K10xas long as short
Nado NBIS-PERP+0.0007%1h232.34+0.174%$38K$115K3xas long as short
BloFin NBIS-USDT+0.0009%8h232.15+0.094%$205K$205K20xas long as short
QFEX NBIS-USD+0.0034%1h232.47+0.232%$1.5M$4.0M10xas long as short
Arcus NBIS-USD+0.0040%1h232.19+0.111%$42K$132K5xas long as short
Vest NBIS-USD-PERP+0.0046%1h232.49+0.240%$217K5xas long as short
Kraken Futures PF_NBISUSD+0.0049%1h232.29+0.153%$23K$15K20xas long as short
tradeXYZ xyz:NBIS+0.0050%1h232.49+0.240%$54.2M$20.2M10xas long as short
Polymarket Perps NBIS-USD+0.0050%1h232.43+0.214%$143K$459K10xas long as short
SoDEX NBIS-USD+0.0050%1h232.28+0.150%$102$21K10xas long as short
Ondo Perps NBIS-USD.Pshort+0.0050%1h232.20+0.115%$160K$508K10x
KuCoin NBISUSDTM+0.0100%8h232.40+0.202%$479K$20K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h232.50+0.245%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h232.39+0.197%10xas long as short
Coinbase International NBIS-PERP-INTX+0.0104%1h232.30+0.158%$361K$771K10xas long as short
Lighter NBIS+0.0192%1h232.20+0.115%$918K$4.0M10xas long as short
Phoenix NBIS+0.0239%1h232.36+0.184%$7K$150K10xas long as short
Entropy io:NBIS+0.0293%1h232.30+0.158%$10.1M$3.2M10xas long as short
edgeX NBISUSDClong+0.0317%4h231.93long leg$37K$226K10x