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

NBIS

RWAall NBIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0036%/8h= −3.9% APRnext payment $0.04 per $10,000 · paid last 24h +0.039%
Price spread now: Nado against Extended−0.037%7-day average · you buy dearer than you sell
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 fees+ Points / potential airdropExtended: Active · Nado: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Nado is 0.037% cheaper against Extended than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended NBIS-USD236.290.0248pay 0.0031% / 1h45m 51s$137K$835K10x
ShortNado NBIS-PERP236.200.0212get 0.0027% / 1h45m 51s$29K$63K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
−$7.55
Price spread: −0.037% → 0.000%
−$3.72
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$23.27
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 27 min ago; Nado: 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 Extended live order book, 27 min ago2.35 bp12.4 bp −$12174.7 bp −$1,747doesn't fitdoesn't fit
Sell Nado no order-book sample
Nado: 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
Kraken Futures PF_NBISUSD−0.0178%1h236.19−0.043%$24K$15K20xas long as short
OKX NBIS-USDT-SWAP0.0000%8h236.32+0.013%$3.4M$16.9M25xas long as short
Bitget NBISUSDT0.0000%8h236.31+0.009%$2.5M$4.7M20xas long as short
SunX NBIS-USDT0.0000%8h236.35+0.026%$1K$1.7M10xas long as short
Phemex NBISUSDT0.0000%8h236.30+0.005%$1.6M$973K10xas long as short
Coinbase International NBIS-PERP-INTX+0.0016%1h235.49−0.338%$361K$683K10xas long as short
QFEX NBIS-USD+0.0038%1h236.25−0.016%$1.5M$5.1M10xas long as short
Vest NBIS-USD-PERP+0.0046%1h236.59+0.127%$234K5xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h236.21−0.033%$175K$507K10xas long as short
HTX NBIS-USDT+0.0054%8h236.39+0.043%$15K$112K20xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NBISUSDTM+0.0100%8h236.10−0.080%$487K$24K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h236.31+0.009%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h236.11−0.074%10xas long as short
Gate NBIS_USDT+0.0108%8h236.28−0.004%$2.8M$5.1M50xas long as short
Nado NBIS-PERPshort+0.0212%1h236.20−0.037%$29K$63K3x
Variational Omni NBIS+0.0213%8h236.31+0.010%$2.9M$817Kas long as short
Aster NBISUSDT+0.0231%8h236.06−0.095%$82K$308K50xas long as short
Extended NBIS-USDlong+0.0248%1h236.29long leg$137K$835K10x
Binance NBISUSDT+0.0248%8h236.31+0.009%$19.6M$86.0M25xas long as short
BloFin NBIS-USDT+0.0272%8h236.48+0.081%$206K$214K20xas long as short
Bybit NBISUSDT+0.0275%8h236.34+0.022%$5.2M$6.5M50xas long as short
Lighter NBIS+0.0360%1h236.38+0.039%$929K$4.4M10xas long as short
Arcus NBIS-USD+0.0366%1h236.08−0.088%$44K$132K5xas long as short
Deribit NBIS_USDC-PERPETUAL+0.0385%1h236.26−0.012%$35K$48K10xas long as short
edgeX NBISUSDC+0.0391%4h236.21−0.032%$38K$229K10xas long as short
Phoenix NBIS+0.0409%1h236.34+0.022%$7K$163K10xas long as short
GRVT NBIS_USDT_Perp+0.0498%8h236.24−0.021%$5K$137K10xas long as short
SoDEX NBIS-USD+0.0617%1h236.27−0.008%$38$20K10xas long as short
Polymarket Perps NBIS-USD+0.0786%1h236.28−0.004%$140K$429K10xas long as short
tradeXYZ xyz:NBIS+0.0896%1h236.26−0.012%$55.2M$23.6M10xas long as short
Entropy io:NBIS+0.0931%1h236.06−0.097%$10.3M$3.4M10xas long as short