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−0.0440%/8h= −48.2% APRpaid last 24h −0.037%
Price spread now: Orderly against Kraken Futures+0.003%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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$13 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_NBISUSD231.090.0540pay 0.0068% / 1h3m 59s$23K$15K20x
ShortOrderly PERP_NBIS_USDC_mythos231.100.0100get 0.0100% / 8h3m 59s$2K$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
−$92.47
Price spread: +0.003% → 0.000%
$0.33
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$108.14
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Orderly: 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 Kraken Futures no order-book sample
Sell Orderly no order-book sample
Kraken Futures and Orderly: 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−0.0365%8h231.23+0.060%$2.3M$4.6M20xas long as short
Aster NBISUSDT0.0000%8h231.21+0.049%$84K$311K50xas long as short
Extended NBIS-USD0.0000%1h231.16+0.031%$145K$876K10xas long as short
Binance NBISUSDT0.0000%8h231.21+0.052%$18.8M$88.0M25xas long as short
Bybit NBISUSDT0.0000%8h231.23+0.060%$4.9M$6.7M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h231.09−0.001%$3.3M$16.0M25xas long as short
Gate NBIS_USDT0.0000%8h231.16+0.029%$2.7M$5.2M50xas long as short
Variational Omni NBIS0.0000%8h231.07−0.008%$2.8M$590Kas long as short
GRVT NBIS_USDT_Perp0.0000%8h231.02−0.032%$4K$115K10xas long as short
SunX NBIS-USDT0.0000%8h231.16+0.029%$1K$1.6M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit NBIS_USDC-PERPETUAL0.0000%1h230.99−0.044%$34K$49K10xas long as short
HTX NBIS-USDT0.0000%8h231.04−0.023%$15K$57K20xas long as short
Phemex NBISUSDT0.0000%8h231.22+0.055%$1.6M$971K10xas long as short
BloFin NBIS-USDT+0.0005%8h231.07−0.010%$204K$212K20xas long as short
Arcus NBIS-USD+0.0040%1h230.90−0.083%$42K$131K5xas long as short
QFEX NBIS-USD+0.0041%1h231.13+0.016%$1.5M$3.7M10xas long as short
Vest NBIS-USD-PERP+0.0046%1h231.00−0.040%$223K5xas long as short
Polymarket Perps NBIS-USD+0.0050%1h231.04−0.023%$137K$473K10xas long as short
SoDEX NBIS-USD+0.0050%1h231.13+0.016%$83$20K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h230.94−0.066%$150K$542K10xas long as short
Coinbase International NBIS-PERP-INTX+0.0056%1h230.90−0.083%$357K$811K10xas long as short
KuCoin NBISUSDTM+0.0100%8h230.90−0.083%$476K$30K20xas long as short
Orderly PERP_NBIS_USDC_mythosshort+0.0100%8h231.10+0.003%$2K$3K10x
Aevo NBIS-PERP+0.0104%1h231.10+0.003%10xas long as short
tradeXYZ xyz:NBIS+0.0118%1h231.12+0.012%$54.1M$21.2M10xas long as short
Nado NBIS-PERP+0.0173%1h231.04−0.024%$38K$116K3xas long as short
Lighter NBIS+0.0256%1h231.17+0.034%$939K$4.1M10xas long as short
Phoenix NBIS+0.0312%1h231.11+0.008%$7K$125K10xas long as short
Entropy io:NBIS+0.0405%1h231.02−0.031%$10.1M$3.1M10xas long as short
edgeX NBISUSDC+0.0505%4h230.94−0.068%$37K$227K10xas long as short
Kraken Futures PF_NBISUSDlong+0.0540%1h231.09long leg$23K$15K20x