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+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.028%
Price spread now: Orderly against OKX+0.051%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Orderly is 0.051% dearer against OKX than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX NBIS-USDT-SWAP236.030get 0.0000% / 8h7h 45m$3.4M$16.9M25x
ShortOrderly PERP_NBIS_USDC_mythos236.150.0100get 0.0100% / 8h7h 45m$2K$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$21
Price spread: +0.051% → 0.000%
$5.08
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
$10.08
Costs to cover
0.160%
Break-even
3.6 days
Slippage unknown: OKX: live order book, 3 min ago; 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 OKX live order book, 3 min ago0.63 bp11.0 bp −$1148.8 bp −$488doesn't fitdoesn't fit
Sell Orderly no order-book sample
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
Kraken Futures PF_NBISUSD−0.0178%1h235.97−0.027%$24K$15K20xas long as short
OKX NBIS-USDT-SWAPlong0.0000%8h236.03long leg$3.4M$16.9M25x
Bitget NBISUSDT0.0000%8h236.10+0.030%$2.5M$4.7M20xas long as short
SunX NBIS-USDT0.0000%8h236.35+0.136%$1K$1.7M10xas long as short
Phemex NBISUSDT0.0000%8h236.30+0.114%$1.6M$973K10xas long as short
Coinbase International NBIS-PERP-INTX+0.0016%1h235.49−0.229%$361K$683K10xas long as short
QFEX NBIS-USD+0.0038%1h236.13+0.042%$1.5M$5.1M10xas long as short
Vest NBIS-USD-PERP+0.0046%1h236.44+0.174%$234K5xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h236.21+0.076%$175K$507K10xas long as short
HTX NBIS-USDT+0.0054%8h236.39+0.153%$15K$112K20xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate NBIS_USDT+0.0091%8h236.14+0.047%$2.8M$5.1M50xas long as short
KuCoin NBISUSDTM+0.0100%8h236.02−0.004%$487K$24K20xas long as short
Orderly PERP_NBIS_USDC_mythosshort+0.0100%8h236.15+0.051%$2K$3K10x
Aevo NBIS-PERP+0.0104%1h236.030.000%10xas long as short
Variational Omni NBIS+0.0213%8h236.31+0.120%$2.9M$817Kas long as short
Nado NBIS-PERP+0.0214%1h236.14+0.046%$29K$63K3xas long as short
Aster NBISUSDT+0.0231%8h236.07+0.015%$82K$308K50xas long as short
Bybit NBISUSDT+0.0233%8h236.17+0.059%$5.2M$6.5M50xas long as short
Extended NBIS-USD+0.0248%1h236.04+0.005%$137K$850K10xas long as short
Binance NBISUSDT+0.0250%8h236.12+0.038%$19.6M$85.9M25xas long as short
BloFin NBIS-USDT+0.0272%8h236.48+0.191%$206K$214K20xas long as short
Deribit NBIS_USDC-PERPETUAL+0.0301%1h236.01−0.008%$35K$48K10xas long as short
Lighter NBIS+0.0360%1h236.36+0.140%$929K$4.4M10xas long as short
Arcus NBIS-USD+0.0366%1h236.11+0.034%$44K$132K5xas long as short
edgeX NBISUSDC+0.0391%4h236.21+0.077%$38K$229K10xas long as short
Phoenix NBIS+0.0409%1h236.34+0.131%$7K$163K10xas long as short
GRVT NBIS_USDT_Perp+0.0498%8h236.24+0.088%$5K$137K10xas long as short
SoDEX NBIS-USD+0.0525%1h236.02−0.004%$33$20K10xas long as short
Polymarket Perps NBIS-USD+0.0726%1h236.07+0.017%$138K$431K10xas long as short
tradeXYZ xyz:NBIS+0.0856%1h236.04+0.004%$55.2M$23.6M10xas long as short
Entropy io:NBIS+0.0940%1h236.10+0.030%$10.3M$3.4M10xas long as short