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−0.0010%/8h= −1.1% APRnext payment $0.01 per $10,000 · paid last 24h +0.017%
Price spread now: Arcus against Ondo Perps−0.009%7-day average +0.008% · 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)+0.085%+$9 on $10k
Price spread, last 4 days (all we have)+0.015%+$1 · spread now −0.009%, 7d avg +0.008%
Together, before fees+0.100%+ Points / potential airdropOndo Perps: Active · farm board+$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.008%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair paid +0.085%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps NBIS-USD.P234.100.0050pay 0.0006% / 1h13m 44s$164K$498K10x
ShortArcus NBIS-USD234.080.0040get 0.0005% / 1h13m 44s$42K$132K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus against Ondo Perps. 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
−$2.13
Price spread: −0.009% → +0.008%
−$1.69
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
−$13.31
Costs to cover
0.095%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Arcus: live order book, 54 min ago. 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 Ondo Perps no order-book sample
Sell Arcus live order book, 54 min ago2.33 bp12.5 bp −$1220.4 bp −$204doesn't fitdoesn't fit
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 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%8h234.24+0.060%$5.1M$6.3M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h234.21+0.047%$3.4M$16.4M25xas long as short
Gate NBIS_USDT0.0000%8h234.23+0.056%$2.8M$5.0M50xas long as short
Bitget NBISUSDT0.0000%8h234.24+0.060%$2.4M$4.5M20xas long as short
GRVT NBIS_USDT_Perp0.0000%8h234.07−0.011%$5K$128K10xas long as short
SunX NBIS-USDT0.0000%8h234.28+0.077%$944$1.7M10xas long as short
Deribit NBIS_USDC-PERPETUAL0.0000%1h234.02−0.034%$35K$48K10xas long as short
HTX NBIS-USDT0.0000%8h234.32+0.094%$15K$60K20xas long as short
Phemex NBISUSDT0.0000%8h234.20+0.043%$1.6M$972K10xas long as short
QFEX NBIS-USD+0.0024%1h234.13+0.013%$1.5M$4.5M10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus NBIS-USDshort+0.0040%1h234.08−0.009%$42K$132K5x
Vest NBIS-USD-PERP+0.0046%1h234.34+0.103%$215K5xas long as short
Polymarket Perps NBIS-USD+0.0050%1h234.100.000%$149K$453K10xas long as short
SoDEX NBIS-USD+0.0050%1h234.18+0.034%$56$20K10xas long as short
Ondo Perps NBIS-USD.Plong+0.0050%1h234.10long leg$164K$498K10x
Nado NBIS-PERP+0.0065%1h234.06−0.018%$67K$95K3xas long as short
tradeXYZ xyz:NBIS+0.0067%1h234.100.000%$54.7M$20.0M10xas long as short
Kraken Futures PF_NBISUSD+0.0096%1h234.05−0.023%$24K$15K20xas long as short
KuCoin NBISUSDTM+0.0100%8h234.14+0.017%$482K$21K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h234.15+0.021%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h234.14+0.016%10xas long as short
Coinbase International NBIS-PERP-INTX+0.0112%1h233.89−0.090%$383K$714K10xas long as short
Variational Omni NBIS+0.0174%8h234.17+0.031%$2.8M$571Kas long as short
Aster NBISUSDT+0.0183%8h234.38+0.118%$81K$314K50xas long as short
Binance NBISUSDT+0.0199%8h234.16+0.024%$19.2M$84.8M25xas long as short
Extended NBIS-USD+0.0200%1h234.11+0.003%$147K$699K10xas long as short
Lighter NBIS+0.0232%1h234.19+0.038%$904K$4.4M10xas long as short
Phoenix NBIS+0.0306%1h234.27+0.073%$7K$152K10xas long as short
Entropy io:NBIS+0.0405%1h234.18+0.034%$10.2M$3.3M10xas long as short
edgeX NBISUSDC+0.0978%4h234.03−0.031%$38K$227K10xas long as short