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−0.0084%/8h= −9.2% APRnext payment $0.11 per $10,000 · paid last 24h −0.052%
Price spread now: SoDEX against Nado−0.046%7-day average · you buy dearer than you sell
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 airdropNado: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and SoDEX is 0.046% cheaper against Nado than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado NBIS-PERP235.470.0134pay 0.0017% / 1h59m 06s$31K$66K3x
ShortSoDEX NBIS-USD235.360.0050get 0.0006% / 1h59m 06s$94$20K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against Nado. 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
−$17.72
Price spread: −0.046% → 0.000%
−$4.62
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$37.34
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Nado: no order-book sample; SoDEX: 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 Nado no order-book sample
Sell SoDEX no order-book sample
Nado and SoDEX: 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
Bybit NBISUSDT0.0000%8h235.39−0.033%$5.1M$6.4M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h235.36−0.046%$3.4M$16.7M25xas long as short
Gate NBIS_USDT0.0000%8h235.42−0.021%$2.8M$4.9M50xas long as short
SunX NBIS-USDT0.0000%8h235.35−0.050%$1K$1.7M10xas long as short
Deribit NBIS_USDC-PERPETUAL0.0000%1h235.33−0.059%$35K$48K10xas long as short
HTX NBIS-USDT0.0000%8h235.61+0.060%$15K$66K20xas long as short
Phemex NBISUSDT0.0000%8h235.40−0.029%$1.6M$972K10xas long as short
QFEX NBIS-USD+0.0038%1h235.43−0.017%$1.5M$4.9M10xas long as short
Vest NBIS-USD-PERP+0.0046%1h235.85+0.162%$223K5xas long as short
tradeXYZ xyz:NBIS+0.0050%1h235.32−0.063%$55.1M$23.6M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps NBIS-USD+0.0050%1h235.46−0.004%$142K$462K10xas long as short
SoDEX NBIS-USDshort+0.0050%1h235.36−0.046%$94$20K10x
Ondo Perps NBIS-USD.P+0.0050%1h235.44−0.012%$174K$502K10xas long as short
Kraken Futures PF_NBISUSD+0.0095%1h235.31−0.068%$24K$15K20xas long as short
KuCoin NBISUSDTM+0.0100%8h235.39−0.033%$485K$22K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h235.50+0.013%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h235.40−0.028%10xas long as short
Bitget NBISUSDT+0.0106%8h235.44−0.012%$2.5M$4.6M20xas long as short
Coinbase International NBIS-PERP-INTX+0.0112%1h236.05+0.247%$386K$736K10xas long as short
Nado NBIS-PERPlong+0.0134%1h235.47long leg$31K$66K3x
Variational Omni NBIS+0.0263%8h235.53+0.025%$2.9M$591Kas long as short
Aster NBISUSDT+0.0263%8h235.81+0.143%$82K$308K50xas long as short
Binance NBISUSDT+0.0287%8h235.42−0.021%$19.5M$85.3M25xas long as short
Lighter NBIS+0.0288%1h235.42−0.021%$919K$4.4M10xas long as short
Extended NBIS-USD+0.0288%1h235.41−0.024%$151K$705K10xas long as short
BloFin NBIS-USDT+0.0310%8h235.50+0.013%$207K$210K20xas long as short
GRVT NBIS_USDT_Perp+0.0361%8h235.62+0.064%$5K$131K10xas long as short
Arcus NBIS-USD+0.0366%1h235.58+0.047%$44K$133K5xas long as short
Entropy io:NBIS+0.0388%1h235.61+0.060%$10.3M$3.4M10xas long as short
Phoenix NBIS+0.0409%1h235.61+0.060%$7K$149K10xas long as short
edgeX NBISUSDC+0.0981%4h235.58+0.047%$38K$227K10xas long as short