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

NBIS

RWAall NBIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0041%/8h= +4.5% APRpaid last 24h +0.012%
Price spread now: QFEX against HTX+0.121%7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and QFEX is 0.121% dearer against HTX than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX NBIS-USDT230.850get 0.0000% / 8h48m 03s$15K$57K20x
ShortQFEX NBIS-USD231.130.0041get 0.0005% / 1h48m 03s$1.5M$3.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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

Funding earned
$8.55
Price spread: +0.121% → 0.000%
$12.13
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$1.32
Costs to cover
0.220%
Break-even
8.1 days
Slippage unknown: HTX: no order-book sample; QFEX: live order book, 5 min ago. 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 HTX no order-book sample
Sell QFEX live order book, 5 min ago2.82 bp9.1 bp −$912.1 bp −$121doesn't fitdoesn't fit
HTX: 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
Bitget NBISUSDT−0.0532%8h231.19+0.147%$2.3M$4.6M20xas long as short
BloFin NBIS-USDT−0.0018%8h230.98+0.056%$205K$211K20xas long as short
Aster NBISUSDT0.0000%8h230.89+0.017%$84K$311K50xas long as short
Extended NBIS-USD0.0000%1h231.07+0.096%$146K$716K10xas long as short
Binance NBISUSDT0.0000%8h231.14+0.127%$18.5M$87.7M25xas long as short
Bybit NBISUSDT0.0000%8h231.17+0.139%$4.9M$6.8M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h231.22+0.160%$3.3M$16.1M25xas long as short
Gate NBIS_USDT0.0000%8h231.14+0.126%$2.7M$5.2M50xas long as short
Variational Omni NBIS0.0000%8h230.57−0.121%$2.8M$595Kas long as short
GRVT NBIS_USDT_Perp0.0000%8h230.66−0.083%$4K$116K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX NBIS-USDT0.0000%8h231.08+0.100%$1K$1.6M10xas long as short
HTX NBIS-USDTlong0.0000%8h230.85long leg$15K$57K20x
Phemex NBISUSDT0.0000%8h231.28+0.186%$1.6M$966K10xas long as short
Arcus NBIS-USD+0.0040%1h230.70−0.065%$42K$131K5xas long as short
QFEX NBIS-USDshort+0.0041%1h231.13+0.121%$1.5M$3.8M10x
Vest NBIS-USD-PERP+0.0046%1h230.91+0.026%$222K5xas long as short
Polymarket Perps NBIS-USD+0.0050%1h230.98+0.056%$137K$473K10xas long as short
SoDEX NBIS-USD+0.0050%1h231.07+0.095%$116$20K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h230.89+0.017%$150K$543K10xas long as short
Coinbase International NBIS-PERP-INTX+0.0056%1h230.39−0.199%$353K$814K10xas long as short
Nado NBIS-PERP+0.0080%1h230.81−0.016%$38K$116K3xas long as short
KuCoin NBISUSDTM+0.0100%8h230.91+0.026%$476K$20K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h231.01+0.069%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h231.02+0.074%10xas long as short
tradeXYZ xyz:NBIS+0.0117%1h231.02+0.074%$54.3M$21.1M10xas long as short
Phoenix NBIS+0.0312%1h230.87+0.009%$7K$125K10xas long as short
Entropy io:NBIS+0.0327%1h230.84−0.004%$10.1M$3.1M10xas long as short
Lighter NBIS+0.0328%1h231.11+0.113%$938K$4.0M10xas long as short
edgeX NBISUSDC+0.0349%4h230.58−0.117%$37K$227K10xas long as short
Deribit NBIS_USDC-PERPETUAL+0.0443%1h231.03+0.078%$34K$49K10xas long as short
Kraken Futures PF_NBISUSD+0.0541%1h231.01+0.069%$23K$15K20xas long as short