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+0.0093%/8h= +10.1% APRpaid last 24h +0.014%
Price spread now: Deribit against OKX−0.017%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 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: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX NBIS-USDT-SWAP233.640get 0.0000% / 8h6h 33m$3.4M$16.5M25x
ShortDeribit NBIS_USDC-PERPETUAL233.600.0093get 0.0012% / 1h33m 44s$35K$48K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against OKX. 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
$19.44
Price spread: −0.017% → 0.000%
−$1.71
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$0.73
Costs to cover
0.170%
Break-even
6.7 days
Slippage unknown: OKX: live order book, 5 min ago; Deribit: 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 OKX live order book, 5 min ago0.21 bp10.2 bp −$1030.1 bp −$301doesn't fitdoesn't fit
Sell Deribit no order-book sample
Deribit: 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%8h233.79+0.064%$5.1M$6.3M50xas long as short
OKX NBIS-USDT-SWAPlong0.0000%8h233.64long leg$3.4M$16.5M25x
Gate NBIS_USDT0.0000%8h233.71+0.030%$2.8M$5.0M50xas long as short
Bitget NBISUSDT0.0000%8h233.70+0.026%$2.4M$4.5M20xas long as short
SunX NBIS-USDT0.0000%8h233.56−0.034%$1K$1.7M10xas long as short
HTX NBIS-USDT0.0000%8h233.40−0.103%$15K$60K20xas long as short
Phemex NBISUSDT0.0000%8h233.71+0.030%$1.6M$971K10xas long as short
GRVT NBIS_USDT_Perp+0.0016%8h233.46−0.075%$5K$129K10xas long as short
QFEX NBIS-USD+0.0024%1h233.58−0.026%$1.5M$4.6M10xas long as short
Arcus NBIS-USD+0.0040%1h233.38−0.111%$42K$132K5xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest NBIS-USD-PERP+0.0046%1h233.68+0.017%$215K5xas long as short
Polymarket Perps NBIS-USD+0.0050%1h233.51−0.056%$148K$454K10xas long as short
SoDEX NBIS-USD+0.0050%1h233.56−0.034%$79$20K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h233.49−0.064%$163K$499K10xas long as short
Deribit NBIS_USDC-PERPETUALshort+0.0093%1h233.60−0.017%$35K$48K10x
Kraken Futures PF_NBISUSD+0.0096%1h233.48−0.070%$24K$15K20xas long as short
KuCoin NBISUSDTM+0.0100%8h233.56−0.034%$482K$21K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h233.58−0.026%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h233.59−0.021%10xas long as short
tradeXYZ xyz:NBIS+0.0109%1h233.59−0.021%$54.7M$20.0M10xas long as short
Coinbase International NBIS-PERP-INTX+0.0112%1h236.05+1.032%$386K$721K10xas long as short
Nado NBIS-PERP+0.0144%1h233.41−0.098%$67K$94K3xas long as short
Variational Omni NBIS+0.0207%8h233.54−0.043%$2.8M$571Kas long as short
Aster NBISUSDT+0.0210%8h233.82+0.075%$81K$314K50xas long as short
Binance NBISUSDT+0.0231%8h233.65+0.006%$19.2M$85.0M25xas long as short
Extended NBIS-USD+0.0232%1h233.58−0.025%$150K$701K10xas long as short
Lighter NBIS+0.0296%1h233.68+0.017%$902K$4.4M10xas long as short
Phoenix NBIS+0.0306%1h233.42−0.094%$7K$152K10xas long as short
Entropy io:NBIS+0.0384%1h233.56−0.034%$10.1M$3.3M10xas long as short
edgeX NBISUSDC+0.0636%4h233.36−0.119%$37K$226K10xas long as short