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

NBIS

RWAall NBIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0034%/8h= +3.7% APRpaid last 24h +0.010%
Price spread now: QFEX against OKX−0.047%7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$340.342% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.010%−$1 on $10k
Price spread, last 7 days+0.008%+$1 · spread now −0.047%, 7d avg −0.046%
Together, before fees−0.002%$0 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.046%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX NBIS-USDT-SWAP232.580get 0.0000% / 8h3h 04m$3.4M$16.1M25x
ShortQFEX NBIS-USD232.470.0034get 0.0004% / 1h4m 31s$1.5M$4.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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
$7.16
Price spread: −0.047% → −0.046%
−$0.12
Slippage, 4 orders
−$14.25
Fee OKX: 5 bp × 2 orders
−$10
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$27.21
Costs to cover
0.342%
Break-even
33.6 days
Slippage from OKX: live order book, 4 min ago; QFEX: live order book, 4 min ago.

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, 4 min ago0.65 bp9.8 bp −$1025.6 bp −$256doesn't fitdoesn't fit
Sell QFEX live order book, 4 min ago2.37 bp7.4 bp −$710.0 bp −$100doesn't fitdoesn't fit

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
Aster NBISUSDT0.0000%8h232.580.000%$78K$310K50xas long as short
Extended NBIS-USD0.0000%1h232.32−0.111%$146K$626K10xas long as short
Binance NBISUSDT0.0000%8h232.46−0.053%$18.9M$85.6M25xas long as short
Bybit NBISUSDT0.0000%8h232.52−0.026%$5.0M$6.4M50xas long as short
OKX NBIS-USDT-SWAPlong0.0000%8h232.58long leg$3.4M$16.1M25x
Gate NBIS_USDT0.0000%8h232.45−0.056%$2.7M$5.1M50xas long as short
Bitget NBISUSDT0.0000%8h232.60+0.009%$2.4M$4.5M20xas long as short
Variational Omni NBIS0.0000%8h232.62+0.019%$2.9M$552Kas long as short
GRVT NBIS_USDT_Perp0.0000%8h232.14−0.191%$5K$118K10xas long as short
SunX NBIS-USDT0.0000%8h232.34−0.103%$985$1.6M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit NBIS_USDC-PERPETUAL0.0000%1h232.35−0.099%$34K$49K10xas long as short
HTX NBIS-USDT0.0000%8h232.34−0.103%$15K$60K20xas long as short
Phemex NBISUSDT0.0000%8h232.33−0.107%$1.6M$956K10xas long as short
Nado NBIS-PERP+0.0007%1h232.34−0.104%$38K$115K3xas long as short
BloFin NBIS-USDT+0.0009%8h232.15−0.185%$205K$205K20xas long as short
QFEX NBIS-USDshort+0.0034%1h232.47−0.047%$1.5M$4.0M10x
Arcus NBIS-USD+0.0040%1h232.19−0.168%$42K$132K5xas long as short
Vest NBIS-USD-PERP+0.0046%1h232.36−0.095%$217K5xas long as short
Kraken Futures PF_NBISUSD+0.0049%1h232.29−0.126%$23K$15K20xas long as short
tradeXYZ xyz:NBIS+0.0050%1h232.08−0.215%$54.1M$20.2M10xas long as short
Polymarket Perps NBIS-USD+0.0050%1h232.17−0.176%$143K$459K10xas long as short
SoDEX NBIS-USD+0.0050%1h232.28−0.129%$102$21K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h232.20−0.163%$160K$508K10xas long as short
KuCoin NBISUSDTM+0.0100%8h232.20−0.163%$479K$20K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h232.33−0.107%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h232.27−0.131%10xas long as short
Coinbase International NBIS-PERP-INTX+0.0104%1h232.30−0.120%$361K$771K10xas long as short
Lighter NBIS+0.0192%1h232.20−0.163%$918K$4.0M10xas long as short
Phoenix NBIS+0.0239%1h232.36−0.095%$7K$150K10xas long as short
Entropy io:NBIS+0.0293%1h232.30−0.120%$10.1M$3.2M10xas long as short
edgeX NBISUSDC+0.0317%4h231.93−0.278%$37K$226K10xas long as short