Funding arb · Price arb /

NBIS

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h —

Price spread now: Aevo against Gate+0.012%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Gate Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs 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: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate NBIS_USDT	229.37	0	get 0.0000% / 8h	7h 16m	$2.7M	$5.2M	50x
Short	Aevo NBIS-PERP	229.40	0.0104	get 0.0013% / 1h	16m 48s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Gate. 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

Position, each leg$Hold fordaysFee GatebpFee AevobpOrdersPrice spread, now +0.012%Rate

Funding earned: $21.84
Price spread: +0.012% → 0.000%: $1.17
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$7.99
Costs to cover: 0.310%
Break-even: 9.6 days

Slippage unknown: Gate: live order book, 1 min ago; Aevo: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 1 min ago	4.58 bp	27.5 bp −$28	36.8 bp −$368	60.5 bp −$6,050	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget NBISUSDT	−0.0173%	8h	229.57	+0.087%	$2.3M	$4.6M	20x	as long as short
Coinbase International NBIS-PERP-INTX	−0.0008%	1h	226.87	−1.090%	$352K	$801K	10x	as long as short
Aster NBISUSDT	0.0000%	8h	229.13	−0.104%	$73K	$320K	50x	as long as short
Extended NBIS-USD	0.0000%	1h	229.38	+0.006%	$143K	$859K	10x	as long as short
Binance NBISUSDT	0.0000%	8h	229.52	+0.065%	$18.4M	$89.6M	25x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	229.63	+0.113%	$3.2M	$16.2M	25x	as long as short
Gate NBIS_USDTlong	0.0000%	8h	229.37	long leg	$2.7M	$5.2M	50x
Variational Omni NBIS	0.0000%	8h	229.38	+0.005%	$2.8M	$597K	—	as long as short
SunX NBIS-USDT	0.0000%	8h	229.30	−0.031%	$1K	$1.6M	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	229.37	0.000%	$13K	$62K	20x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex NBISUSDT	0.0000%	8h	229.32	−0.022%	$1.5M	$971K	10x	as long as short
BloFin NBIS-USDT	+0.0020%	8h	229.34	−0.013%	$200K	$213K	20x	as long as short
Arcus NBIS-USD	+0.0040%	1h	229.44	+0.031%	$42K	$124K	5x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	229.31	−0.026%	—	$246K	5x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	229.28	−0.039%	$136K	$466K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	229.31	−0.026%	$147K	$534K	10x	as long as short
QFEX NBIS-USD	+0.0064%	1h	229.56	+0.083%	$1.5M	$3.7M	10x	as long as short
Nado NBIS-PERP	+0.0086%	1h	229.12	−0.110%	$38K	$116K	3x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	229.13	−0.105%	$472K	$80K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	229.36	−0.004%	$2K	$3K	10x	as long as short
Aevo NBIS-PERPshort	+0.0104%	1h	229.40	+0.012%	—	—	10x
tradeXYZ xyz:NBIS	+0.0124%	1h	229.30	−0.031%	$53.5M	$21.6M	10x	as long as short
Bybit NBISUSDT	+0.0131%	8h	229.56	+0.083%	$4.8M	$6.8M	50x	as long as short
Lighter NBIS	+0.0144%	1h	229.30	−0.031%	$902K	$4.1M	10x	as long as short
Phoenix NBIS	+0.0277%	1h	229.27	−0.044%	$7K	$125K	10x	as long as short
Entropy io:NBIS	+0.0320%	1h	229.06	−0.135%	$10.0M	$3.1M	10x	as long as short
GRVT NBIS_USDT_Perp	+0.0350%	8h	229.37	−0.001%	$4K	$113K	10x	as long as short
SoDEX NBIS-USD	+0.0356%	1h	229.35	−0.009%	$73	$20K	10x	as long as short
edgeX NBISUSDC	+0.0583%	4h	229.37	0.000%	$37K	$227K	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0681%	1h	229.16	−0.092%	$22K	$16K	20x	as long as short
Deribit NBIS_USDC-PERPETUAL	+0.0885%	1h	229.40	+0.013%	$34K	$49K	10x	as long as short