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+0.0050%/8h= +5.5% APRpaid last 24h +0.014%
Price spread now: Ondo Perps against OKX+0.013%7-day average −0.022% · 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 7 days+0.079%+$8 on $10k
Price spread, last 4 days (all we have)−0.106%−$11 · spread now +0.013%, 7d avg −0.022%
Together, before fees−0.027%+ Points / potential airdropOndo Perps: Active · farm board−$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Ondo Perps is 0.035% dearer against OKX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.022%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX NBIS-USDT-SWAP230.740get 0.0000% / 8h57m 27s$3.3M$16.1M25x
ShortOndo Perps NBIS-USD.P230.770.0050get 0.0006% / 1h57m 27s$151K$542K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
$10.58
Price spread: +0.013% → −0.022%
$3.5
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$0.92
Costs to cover
0.150%
Break-even
7.6 days
Slippage unknown: OKX: live order book, 1 min ago; Ondo Perps: 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, 1 min ago1.08 bp7.9 bp −$820.9 bp −$209doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: 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−0.0536%8h230.94+0.087%$2.3M$4.6M20xas long as short
Deribit NBIS_USDC-PERPETUAL−0.0313%1h230.71−0.013%$34K$49K10xas long as short
Nado NBIS-PERP−0.0145%1h230.74−0.001%$37K$115K3xas long as short
BloFin NBIS-USDT−0.0020%8h230.90+0.069%$204K$205K20xas long as short
Aster NBISUSDT0.0000%8h230.72−0.009%$84K$311K50xas long as short
Extended NBIS-USD0.0000%1h230.69−0.021%$149K$631K10xas long as short
Binance NBISUSDT0.0000%8h230.82+0.035%$18.5M$87.6M25xas long as short
Bybit NBISUSDT0.0000%8h230.80+0.026%$4.9M$6.8M50xas long as short
OKX NBIS-USDT-SWAPlong0.0000%8h230.74long leg$3.3M$16.1M25x
Gate NBIS_USDT0.0000%8h230.86+0.052%$2.7M$5.2M50xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni NBIS0.0000%8h230.87+0.056%$2.8M$595Kas long as short
GRVT NBIS_USDT_Perp0.0000%8h230.92+0.077%$4K$116K10xas long as short
SunX NBIS-USDT0.0000%8h230.94+0.087%$889$1.6M10xas long as short
HTX NBIS-USDT0.0000%8h230.97+0.100%$15K$57K20xas long as short
Phemex NBISUSDT0.0000%8h230.86+0.052%$1.6M$966K10xas long as short
Arcus NBIS-USD+0.0040%1h230.75+0.004%$42K$132K5xas long as short
QFEX NBIS-USD+0.0041%1h230.78+0.017%$1.5M$3.8M10xas long as short
Vest NBIS-USD-PERP+0.0046%1h230.67−0.030%$222K5xas long as short
Polymarket Perps NBIS-USD+0.0050%1h230.76+0.009%$137K$473K10xas long as short
SoDEX NBIS-USD+0.0050%1h230.77+0.013%$134$20K10xas long as short
Ondo Perps NBIS-USD.Pshort+0.0050%1h230.77+0.013%$151K$542K10x
Coinbase International NBIS-PERP-INTX+0.0056%1h230.38−0.156%$352K$813K10xas long as short
tradeXYZ xyz:NBIS+0.0071%1h230.78+0.017%$54.2M$21.1M10xas long as short
Lighter NBIS+0.0096%1h230.88+0.061%$936K$4.0M10xas long as short
Entropy io:NBIS+0.0097%1h230.82+0.035%$10.0M$3.1M10xas long as short
KuCoin NBISUSDTM+0.0100%8h230.73−0.004%$476K$20K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h230.80+0.026%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h230.79+0.022%10xas long as short
Phoenix NBIS+0.0311%1h231.11+0.160%$7K$125K10xas long as short
Kraken Futures PF_NBISUSD+0.0541%1h230.70−0.017%$23K$15K20xas long as short
edgeX NBISUSDC+0.0853%4h230.83+0.039%$37K$225K10xas long as short