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 +0.008%
Price spread now: Aster against Orderly−0.108%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Aster is 0.108% cheaper against Orderly than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_NBIS_USDC_mythos230.560.0100pay 0.0100% / 8h1h 41m$2K$3K10x
ShortAster NBISUSDT230.310get 0.0000% / 8h1h 41m$84K$311K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Orderly. 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: −0.108% → 0.000%
−$10.8
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Aster: 4 bp × 2 orders
−$8
Net
−$45.8
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; Aster: live order book, 65 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 Orderly no order-book sample
Sell Aster live order book, 65 min ago3.45 bp26.4 bp −$261766.0 bp −$17.7Kdoesn't fitdoesn't fit
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
Bitget NBISUSDT−0.0481%8h230.52−0.017%$2.3M$4.6M20xas long as short
Aster NBISUSDTshort0.0000%8h230.31−0.108%$84K$311K50x
Extended NBIS-USD0.0000%1h230.25−0.135%$144K$678K10xas long as short
Binance NBISUSDT0.0000%8h230.29−0.117%$18.5M$87.3M25xas long as short
Bybit NBISUSDT0.0000%8h230.41−0.065%$4.9M$6.6M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h230.45−0.048%$3.3M$16.2M25xas long as short
Gate NBIS_USDT0.0000%8h230.51−0.022%$2.7M$5.1M50xas long as short
Variational Omni NBIS0.0000%8h230.87+0.136%$2.8M$602Kas long as short
GRVT NBIS_USDT_Perp0.0000%8h230.91+0.151%$5K$116K10xas long as short
SunX NBIS-USDT0.0000%8h230.53−0.013%$1K$1.6M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit NBIS_USDC-PERPETUAL0.0000%1h230.40−0.069%$34K$49K10xas long as short
HTX NBIS-USDT0.0000%8h230.86+0.130%$15K$57K20xas long as short
Phemex NBISUSDT0.0000%8h230.62+0.026%$1.6M$963K10xas long as short
BloFin NBIS-USDT+0.0001%8h230.38−0.078%$203K$205K20xas long as short
Arcus NBIS-USD+0.0040%1h230.52−0.017%$42K$132K5xas long as short
Vest NBIS-USD-PERP+0.0046%1h230.33−0.100%$221K5xas long as short
Polymarket Perps NBIS-USD+0.0050%1h230.41−0.065%$137K$473K10xas long as short
SoDEX NBIS-USD+0.0050%1h230.40−0.069%$88$20K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h230.31−0.108%$152K$547K10xas long as short
QFEX NBIS-USD+0.0056%1h230.560.000%$1.5M$3.9M10xas long as short
Nado NBIS-PERP+0.0064%1h230.41−0.064%$37K$115K3xas long as short
KuCoin NBISUSDTM+0.0100%8h230.43−0.056%$475K$20K20xas long as short
Orderly PERP_NBIS_USDC_mythoslong+0.0100%8h230.56long leg$2K$3K10x
Aevo NBIS-PERP+0.0104%1h230.52−0.015%10xas long as short
Coinbase International NBIS-PERP-INTX+0.0120%1h230.50−0.026%$350K$812K10xas long as short
tradeXYZ xyz:NBIS+0.0141%1h230.47−0.039%$54.2M$21.0M10xas long as short
Lighter NBIS+0.0192%1h230.42−0.061%$946K$4.0M10xas long as short
Phoenix NBIS+0.0311%1h230.96+0.173%$7K$150K10xas long as short
Entropy io:NBIS+0.0364%1h230.58+0.009%$10.0M$3.1M10xas long as short
edgeX NBISUSDC+0.0470%4h230.86+0.131%$37K$228K10xas long as short
Kraken Futures PF_NBISUSD+0.0686%1h230.49−0.031%$23K$15K20xas long as short