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

NBIS

RWAall NBIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0050%/8h= −5.5% APRnext payment $0.06 per $10,000 · paid last 24h −0.097%
Price spread now: Vest against Kraken Futures+0.083%47s7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVest: Active · farm boardneeds both histories
The price spread pays, funding is against you. Vest is 0.083% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.083% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.5 days. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_NBISUSD234.050.0096pay 0.0012% / 1h13m 25s$24K$15K20x
ShortVest NBIS-USD-PERP234.240.0046get 0.0006% / 1h13m 25s$215K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
−$10.48
Price spread: +0.083% → 0.000%
$8.28
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Vest: 1 bp × 2 orders
−$2
Net
−$14.19
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Vest: 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 Vest no order-book sample
Kraken Futures and Vest: 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 30 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
Bybit NBISUSDT0.0000%8h234.02−0.011%$5.0M$6.3M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h234.01−0.015%$3.4M$16.4M25xas long as short
Gate NBIS_USDT0.0000%8h234.04−0.003%$2.8M$5.0M50xas long as short
Bitget NBISUSDT0.0000%8h234.03−0.007%$2.4M$4.5M20xas long as short
GRVT NBIS_USDT_Perp0.0000%8h234.17+0.053%$5K$128K10xas long as short
SunX NBIS-USDT0.0000%8h234.28+0.100%$944$1.7M10xas long as short
Deribit NBIS_USDC-PERPETUAL0.0000%1h234.02−0.011%$35K$48K10xas long as short
HTX NBIS-USDT0.0000%8h234.32+0.117%$15K$60K20xas long as short
Phemex NBISUSDT0.0000%8h234.20+0.066%$1.6M$972K10xas long as short
QFEX NBIS-USD+0.0024%1h234.08+0.014%$1.5M$4.5M10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus NBIS-USD+0.0040%1h234.08+0.014%$42K$132K5xas long as short
Vest NBIS-USD-PERPshort+0.0046%1h234.24+0.083%$215K5x
Polymarket Perps NBIS-USD+0.0050%1h233.94−0.045%$149K$453K10xas long as short
SoDEX NBIS-USD+0.0050%1h234.00−0.020%$42$20K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h234.10+0.023%$164K$498K10xas long as short
Nado NBIS-PERP+0.0063%1h234.07+0.012%$67K$95K3xas long as short
tradeXYZ xyz:NBIS+0.0066%1h233.98−0.028%$54.6M$20.0M10xas long as short
Kraken Futures PF_NBISUSDlong+0.0096%1h234.05long leg$24K$15K20x
KuCoin NBISUSDTM+0.0100%8h234.05+0.002%$482K$21K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h234.05+0.002%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h233.99−0.025%10xas long as short
Coinbase International NBIS-PERP-INTX+0.0112%1h233.89−0.067%$383K$714K10xas long as short
Variational Omni NBIS+0.0174%8h234.17+0.054%$2.8M$571Kas long as short
Aster NBISUSDT+0.0183%8h234.36+0.135%$81K$314K50xas long as short
Binance NBISUSDT+0.0199%8h234.06+0.008%$19.1M$84.9M25xas long as short
Extended NBIS-USD+0.0200%1h234.11+0.026%$147K$699K10xas long as short
Lighter NBIS+0.0232%1h234.19+0.061%$904K$4.4M10xas long as short
Phoenix NBIS+0.0306%1h234.27+0.096%$7K$152K10xas long as short
edgeX NBISUSDC+0.0337%4h234.18+0.059%$38K$227K10xas long as short
Entropy io:NBIS+0.0405%1h234.18+0.057%$10.2M$3.3M10xas long as short