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+0.0012%/8h= +1.3% APRnext payment +$0.01 per $10,000 · paid last 24h +0.059%
Price spread now: Coinbase International against SoDEX−0.138%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Coinbase International is 0.138% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.138% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 39 days of funding at the current rate ($0 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX NBIS-USD232.240.0156pay 0.0020% / 1h7m 48s$88$20K10x
ShortCoinbase International NBIS-PERP-INTX231.920.0168get 0.0021% / 1h7m 48s$351K$815K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against SoDEX. 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
$2.46
Price spread: −0.138% → 0.000%
−$13.78
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$29.32
Costs to cover
0.180%
Break-even
90.5 days
Slippage unknown: SoDEX: no order-book sample; Coinbase International: live order book, 41 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 SoDEX no order-book sample
Sell Coinbase International live order book, 41 min ago7.11 bp12.2 bp −$1217.9 bp −$179doesn't fitdoesn't fit
SoDEX: 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−0.0456%8h232.31+0.030%$2.3M$4.6M20xas long as short
Aster NBISUSDT0.0000%8h232.08−0.068%$85K$311K50xas long as short
Extended NBIS-USD0.0000%1h232.21−0.011%$146K$753K10xas long as short
Binance NBISUSDT0.0000%8h232.32+0.033%$18.6M$87.0M25xas long as short
Bybit NBISUSDT0.0000%8h232.27+0.013%$4.9M$6.5M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h232.21−0.013%$3.3M$16.2M25xas long as short
Gate NBIS_USDT0.0000%8h232.27+0.013%$2.7M$5.1M50xas long as short
Variational Omni NBIS0.0000%8h232.26+0.010%$2.8M$602Kas long as short
GRVT NBIS_USDT_Perp0.0000%8h232.32+0.035%$5K$117K10xas long as short
SunX NBIS-USDT0.0000%8h232.23−0.004%$1K$1.6M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX NBIS-USDT0.0000%8h232.240.000%$15K$61K20xas long as short
Phemex NBISUSDT0.0000%8h232.240.000%$1.6M$957K10xas long as short
BloFin NBIS-USDT+0.0003%8h232.30+0.026%$202K$206K20xas long as short
QFEX NBIS-USD+0.0029%1h232.20−0.017%$1.5M$3.9M10xas long as short
Nado NBIS-PERP+0.0039%1h232.02−0.096%$38K$115K3xas long as short
Arcus NBIS-USD+0.0040%1h231.98−0.112%$42K$132K5xas long as short
edgeX NBISUSDC+0.0045%4h232.19−0.021%$37K$226K10xas long as short
Vest NBIS-USD-PERP+0.0046%1h232.27+0.013%$220K5xas long as short
Polymarket Perps NBIS-USD+0.0050%1h232.15−0.039%$138K$473K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h232.09−0.065%$152K$548K10xas long as short
KuCoin NBISUSDTM+0.0100%8h232.05−0.082%$478K$20K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h232.240.000%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h232.20−0.017%10xas long as short
tradeXYZ xyz:NBIS+0.0112%1h232.26+0.009%$54.6M$21.1M10xas long as short
SoDEX NBIS-USDlong+0.0156%1h232.24long leg$88$20K10x
Coinbase International NBIS-PERP-INTXshort+0.0168%1h231.92−0.138%$351K$815K10x
Kraken Futures PF_NBISUSD+0.0222%1h232.25+0.003%$23K$15K20xas long as short
Phoenix NBIS+0.0242%1h232.31+0.030%$7K$150K10xas long as short
Lighter NBIS+0.0256%1h232.23−0.004%$939K$4.0M10xas long as short
Entropy io:NBIS+0.0389%1h232.01−0.099%$10.1M$3.2M10xas long as short
Deribit NBIS_USDC-PERPETUAL+0.0440%1h232.16−0.034%$34K$49K10xas long as short