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+0.0002%/8h= +0.2% APRpaid last 24h +0.012%
Price spread now: Binance against Extended−0.024%7-day average +0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$390.395% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.047%+$5 on $10k
Price spread, last 4 days (all we have)+0.866%+$87 · spread now −0.024%, 7d avg +0.065%
Together, before fees+0.913%+ Points / potential airdropExtended: Active · farm board+$91 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.089% cheaper against Extended than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.065%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended NBIS-USD234.180get 0.0000% / 1h43m 59s$147K$699K10x
ShortBinance NBISUSDT234.120.0002get 0.0002% / 8h3h 43m$19.3M$84.6M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Extended. 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
$0.39
Price spread: −0.024% → +0.065%
−$8.86
Slippage, 4 orders
−$24.47
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Binance: 5 bp × 2 orders
−$10
Net
−$47.94
Costs to cover
0.395%
Break-even
870.9 days
Slippage from Extended: live order book, 9 min ago; Binance: live order book, 14 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 9 min ago1.49 bp11.5 bp −$11173.5 bp −$1,735doesn't fitdoesn't fit
Sell Binance live order book, 14 min ago0.21 bp7.8 bp −$821.3 bp −$21383.4 bp −$8,339doesn't fit

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
BloFin NBIS-USDT−0.0011%8h234.47+0.126%$207K$206K20xas long as short
Aster NBISUSDT0.0000%8h234.59+0.175%$79K$310K50xas long as short
Extended NBIS-USDlong0.0000%1h234.18long leg$147K$699K10x
Bybit NBISUSDT0.0000%8h234.09−0.037%$5.0M$6.3M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h234.07−0.045%$3.4M$16.1M25xas long as short
Gate NBIS_USDT0.0000%8h234.23+0.023%$2.7M$5.0M50xas long as short
Bitget NBISUSDT0.0000%8h234.31+0.057%$2.4M$4.4M20xas long as short
Variational Omni NBIS0.0000%8h234.44+0.112%$2.9M$557Kas long as short
GRVT NBIS_USDT_Perp0.0000%8h233.86−0.135%$4K$120K10xas long as short
SunX NBIS-USDT0.0000%8h234.45+0.117%$832$1.7M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit NBIS_USDC-PERPETUAL0.0000%1h234.28+0.045%$35K$49K10xas long as short
HTX NBIS-USDT0.0000%8h234.45+0.117%$15K$60K20xas long as short
Phemex NBISUSDT0.0000%8h234.40+0.096%$1.6M$954K10xas long as short
Binance NBISUSDTshort+0.0002%8h234.12−0.024%$19.3M$84.6M25x
QFEX NBIS-USD+0.0034%1h234.37+0.083%$1.5M$4.0M10xas long as short
Arcus NBIS-USD+0.0040%1h234.17−0.002%$42K$132K5xas long as short
Nado NBIS-PERP+0.0044%1h234.37+0.081%$38K$115K3xas long as short
Vest NBIS-USD-PERP+0.0046%1h234.55+0.160%$216K5xas long as short
Kraken Futures PF_NBISUSD+0.0048%1h234.22+0.018%$23K$15K20xas long as short
tradeXYZ xyz:NBIS+0.0050%1h234.26+0.036%$54.6M$20.0M10xas long as short
Polymarket Perps NBIS-USD+0.0050%1h234.26+0.036%$147K$456K10xas long as short
SoDEX NBIS-USD+0.0050%1h234.33+0.066%$70$21K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h234.36+0.079%$160K$502K10xas long as short
KuCoin NBISUSDTM+0.0100%8h234.19+0.006%$482K$20K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h234.37+0.083%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h234.31+0.059%10xas long as short
Coinbase International NBIS-PERP-INTX+0.0104%1h235.56+0.591%$389K$724K10xas long as short
Lighter NBIS+0.0232%1h234.43+0.109%$915K$3.9M10xas long as short
Phoenix NBIS+0.0239%1h234.36+0.079%$7K$150K10xas long as short
Entropy io:NBIS+0.0323%1h234.31+0.057%$10.2M$3.2M10xas long as short
edgeX NBISUSDC+0.0720%4h234.32+0.064%$38K$227K10xas long as short