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 −0.030%
Price spread now: SunX against Orderly−0.047%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 feesneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and SunX is 0.047% cheaper against Orderly than usual: you would sell low and buy high (−$5 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_mythos234.190.0100pay 0.0100% / 8h5h 50m$2K$3K10x
ShortSunX NBIS-USDT234.080get 0.0000% / 8h5h 50m$904$1.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: −0.047% → 0.000%
−$4.7
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee SunX: 4 bp × 2 orders
−$8
Net
−$39.7
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; SunX: live order book, 4 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 SunX live order book, 4 min ago45.05 bp64.0 bp −$64doesn't fitdoesn'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 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%8h234.34+0.064%$5.0M$6.2M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h234.23+0.017%$3.4M$16.3M25xas long as short
Gate NBIS_USDT0.0000%8h234.36+0.073%$2.8M$5.0M50xas long as short
Bitget NBISUSDT0.0000%8h234.27+0.034%$2.4M$4.4M20xas long as short
GRVT NBIS_USDT_Perp0.0000%8h234.16−0.014%$5K$127K10xas long as short
SunX NBIS-USDTshort0.0000%8h234.08−0.047%$904$1.7M10x
Deribit NBIS_USDC-PERPETUAL0.0000%1h234.10−0.038%$35K$48K10xas long as short
HTX NBIS-USDT0.0000%8h234.190.000%$15K$60K20xas long as short
Phemex NBISUSDT0.0000%8h234.20+0.004%$1.6M$967K10xas long as short
Nado NBIS-PERP+0.0010%1h234.12−0.031%$67K$95K3xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX NBIS-USD+0.0023%1h234.16−0.013%$1.5M$4.4M10xas long as short
Arcus NBIS-USD+0.0040%1h234.01−0.077%$42K$132K5xas long as short
Vest NBIS-USD-PERP+0.0046%1h234.35+0.068%$215K5xas long as short
Polymarket Perps NBIS-USD+0.0050%1h234.09−0.043%$149K$453K10xas long as short
SoDEX NBIS-USD+0.0050%1h234.16−0.013%$5$20K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h234.24+0.021%$163K$499K10xas long as short
tradeXYZ xyz:NBIS+0.0060%1h234.190.000%$54.6M$19.7M10xas long as short
KuCoin NBISUSDTM+0.0100%8h234.16−0.013%$483K$21K20xas long as short
Orderly PERP_NBIS_USDC_mythoslong+0.0100%8h234.19long leg$2K$3K10x
Aevo NBIS-PERP+0.0104%1h234.17−0.008%10xas long as short
Coinbase International NBIS-PERP-INTX+0.0104%1h233.53−0.282%$382K$712K10xas long as short
Variational Omni NBIS+0.0121%8h234.14−0.022%$2.8M$569Kas long as short
Aster NBISUSDT+0.0145%8h234.27+0.034%$81K$307K50xas long as short
Kraken Futures PF_NBISUSD+0.0152%1h234.24+0.020%$23K$15K20xas long as short
Extended NBIS-USD+0.0152%1h234.25+0.027%$147K$698K10xas long as short
Binance NBISUSDT+0.0155%8h234.32+0.057%$19.1M$84.7M25xas long as short
Lighter NBIS+0.0280%1h234.25+0.026%$904K$4.3M10xas long as short
Phoenix NBIS+0.0308%1h234.17−0.009%$7K$150K10xas long as short
Entropy io:NBIS+0.0455%1h234.13−0.026%$10.2M$3.3M10xas long as short
edgeX NBISUSDC+0.0894%4h234.14−0.022%$38K$226K10xas long as short