Funding arb · Price arb /

NBIS

RWAall NBIS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.040%

Price spread now: Gate against HTX−0.009%7-day average +0.006% · you buy dearer than you sell

Net, funding: paid 7d − costs−$49as in the Funding arb table

Net, price: spread back to 7d avg − costs−$62as in the Price arb table

costs, in and out, $10k−$600.604% of the position

Long on HTX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.114%+$11 on $10k

Price spread, last 3 days (all we have)+0.058%+$6 · spread now −0.009%, 7d avg +0.006%

Together, before fees+0.172%+$17 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX NBIS-USDT	234.46	0	get 0.0000% / 8h	39m 45s	$15K	$115K	20x
Short	Gate NBIS_USDT	234.44	0	get 0.0000% / 8h	39m 45s	$2.8M	$5.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against HTX. 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 HTXbpFee GatebpOrdersPrice spread, now −0.009%Rate

Funding earned: $0
Price spread: −0.009% → +0.006%: −$1.5
Slippage, 4 orders: −$33.4
Fee HTX: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$61.89
Costs to cover: 0.604%
Break-even: never at this rate

Slippage from HTX: live order book, 36 min ago; Gate: live order book, 3 min ago.

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 HTX live order book, 36 min ago	0.86 bp	10.1 bp −$10	17.3 bp −$173	doesn't fit	doesn't fit
Sell Gate live order book, 3 min ago	2.77 bp	18.6 bp −$19	71.2 bp −$712	292.7 bp −$29.3K	doesn't fit

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
Bybit NBISUSDT	0.0000%	8h	234.49	+0.013%	$5.2M	$6.5M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	234.52	+0.026%	$3.4M	$17.0M	25x	as long as short
Gate NBIS_USDTshort	0.0000%	8h	234.44	−0.009%	$2.8M	$5.3M	50x
Bitget NBISUSDT	0.0000%	8h	234.46	0.000%	$2.5M	$4.8M	20x	as long as short
SunX NBIS-USDT	0.0000%	8h	234.44	−0.009%	$910	$1.8M	10x	as long as short
Deribit NBIS_USDC-PERPETUAL	0.0000%	1h	234.38	−0.034%	$35K	$48K	10x	as long as short
Coinbase International NBIS-PERP-INTX	0.0000%	1h	233.76	−0.299%	$358K	$676K	10x	as long as short
HTX NBIS-USDTlong	0.0000%	8h	234.46	long leg	$15K	$115K	20x
Phemex NBISUSDT	0.0000%	8h	234.48	+0.009%	$1.6M	$968K	10x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	234.50	+0.017%	—	$234K	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps NBIS-USD	+0.0050%	1h	234.40	−0.026%	$147K	$706K	10x	as long as short
SoDEX NBIS-USD	+0.0050%	1h	234.43	−0.013%	$28	$20K	10x	as long as short
QFEX NBIS-USD	+0.0051%	1h	234.40	−0.026%	$1.5M	$5.1M	10x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	234.34	−0.051%	$483K	$25K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	234.44	−0.009%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	234.46	+0.002%	—	—	10x	as long as short
Variational Omni NBIS	+0.0199%	8h	234.38	−0.036%	$2.9M	$821K	—	as long as short
Nado NBIS-PERP	+0.0202%	1h	234.34	−0.052%	$28K	$63K	3x	as long as short
Aster NBISUSDT	+0.0221%	8h	234.37	−0.037%	$79K	$306K	50x	as long as short
Extended NBIS-USD	+0.0232%	1h	234.45	−0.004%	$142K	$697K	10x	as long as short
BloFin NBIS-USDT	+0.0232%	8h	234.47	+0.004%	$205K	$214K	20x	as long as short
Binance NBISUSDT	+0.0234%	8h	234.50	+0.015%	$19.4M	$86.3M	25x	as long as short
Ondo Perps NBIS-USD.P	+0.0236%	1h	234.33	−0.055%	$174K	$498K	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0248%	1h	234.28	−0.077%	$24K	$13K	20x	as long as short
GRVT NBIS_USDT_Perp	+0.0252%	8h	234.45	−0.003%	$5K	$140K	10x	as long as short
tradeXYZ xyz:NBIS	+0.0267%	1h	234.54	+0.034%	$54.7M	$23.1M	10x	as long as short
Arcus NBIS-USD	+0.0269%	1h	234.41	−0.021%	$44K	$134K	5x	as long as short
Lighter NBIS	+0.0360%	1h	234.64	+0.077%	$934K	$4.6M	10x	as long as short
Phoenix NBIS	+0.0376%	1h	234.52	+0.026%	$7K	$163K	10x	as long as short
edgeX NBISUSDC	+0.0502%	4h	234.37	−0.038%	$38K	$236K	10x	as long as short
Entropy io:NBIS	+0.0506%	1h	234.43	−0.013%	$10.2M	$3.3M	10x	as long as short