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

NBIS

RWAall NBIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0684%/8h= −74.9% APRpaid last 24h −0.066%
Price spread now: OKX against Kraken Futures+0.022%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
The price spread pays, funding is against you. OKX is 0.022% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.022% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$21 a day in funding at the current rate, which eats that in about 3 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_NBISUSD230.930.0684pay 0.0086% / 1h24m 09s$23K$15K20x
ShortOKX NBIS-USDT-SWAP230.980get 0.0000% / 8h1h 24m$3.3M$16.2M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Kraken Futures. 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
−$143.71
Price spread: +0.022% → 0.000%
$2.2
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$161.51
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Kraken Futures: no order-book sample; OKX: live order book, 4 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 Kraken Futures no order-book sample
Sell OKX live order book, 4 min ago2.17 bp9.5 bp −$1036.6 bp −$366doesn't fitdoesn't fit
Kraken Futures: 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−0.0589%8h231.03+0.044%$2.3M$4.5M20xas long as short
BloFin NBIS-USDT−0.0005%8h230.94+0.005%$204K$205K20xas long as short
Aster NBISUSDT0.0000%8h230.83−0.043%$84K$311K50xas long as short
Extended NBIS-USD0.0000%1h230.93+0.001%$149K$635K10xas long as short
Binance NBISUSDT0.0000%8h231.02+0.041%$18.5M$87.3M25xas long as short
Bybit NBISUSDT0.0000%8h231.07+0.061%$4.9M$6.6M50xas long as short
OKX NBIS-USDT-SWAPshort0.0000%8h230.98+0.022%$3.3M$16.2M25x
Gate NBIS_USDT0.0000%8h231.06+0.057%$2.7M$5.2M50xas long as short
Variational Omni NBIS0.0000%8h230.85−0.035%$2.8M$601Kas long as short
GRVT NBIS_USDT_Perp0.0000%8h230.78−0.065%$5K$116K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX NBIS-USDT0.0000%8h230.95+0.009%$1K$1.6M10xas long as short
Deribit NBIS_USDC-PERPETUAL0.0000%1h230.80−0.056%$34K$49K10xas long as short
HTX NBIS-USDT0.0000%8h230.98+0.022%$15K$57K20xas long as short
Phemex NBISUSDT0.0000%8h231.04+0.048%$1.6M$964K10xas long as short
Arcus NBIS-USD+0.0040%1h230.68−0.108%$42K$132K5xas long as short
Vest NBIS-USD-PERP+0.0046%1h230.85−0.034%$221K5xas long as short
Polymarket Perps NBIS-USD+0.0050%1h230.88−0.021%$137K$473K10xas long as short
SoDEX NBIS-USD+0.0050%1h230.99+0.026%$102$20K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h230.43−0.216%$151K$548K10xas long as short
QFEX NBIS-USD+0.0056%1h230.91−0.008%$1.5M$3.8M10xas long as short
Nado NBIS-PERP+0.0068%1h230.92−0.006%$38K$115K3xas long as short
tradeXYZ xyz:NBIS+0.0088%1h230.91−0.008%$54.3M$21.0M10xas long as short
KuCoin NBISUSDTM+0.0100%8h230.85−0.034%$476K$20K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h230.88−0.021%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h230.88−0.022%10xas long as short
Coinbase International NBIS-PERP-INTX+0.0120%1h230.39−0.234%$351K$812K10xas long as short
Lighter NBIS+0.0216%1h231.01+0.035%$957K$4.0M10xas long as short
Phoenix NBIS+0.0311%1h230.72−0.091%$7K$150K10xas long as short
Entropy io:NBIS+0.0361%1h230.79−0.060%$10.0M$3.1M10xas long as short
edgeX NBISUSDC+0.0511%4h230.68−0.107%$37K$226K10xas long as short
Kraken Futures PF_NBISUSDlong+0.0684%1h230.93long leg$23K$15K20x