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+0.0209%/8h= +22.9% APRnext payment +$0.26 per $10,000 · paid last 24h +0.016%
Price spread now: Deribit against SoDEX−0.009%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX NBIS-USD231.300.0103pay 0.0013% / 1h32m 21s$102$20K10x
ShortDeribit NBIS_USDC-PERPETUAL231.280.0312get 0.0039% / 1h32m 21s$34K$49K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
$43.88
Price spread: −0.009% → 0.000%
−$0.86
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$28.01
Costs to cover
0.150%
Break-even
2.5 days
Slippage unknown: SoDEX: no order-book sample; Deribit: no order-book sample. 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 Deribit no order-book sample
SoDEX and Deribit: 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−0.0426%8h231.39+0.039%$2.3M$4.6M20xas long as short
Aster NBISUSDT0.0000%8h231.31+0.003%$84K$311K50xas long as short
Extended NBIS-USD0.0000%1h231.29−0.005%$148K$876K10xas long as short
Binance NBISUSDT0.0000%8h231.35+0.023%$18.7M$87.8M25xas long as short
Bybit NBISUSDT0.0000%8h231.35+0.022%$4.9M$6.8M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h231.33+0.013%$3.3M$16.0M25xas long as short
Gate NBIS_USDT0.0000%8h231.37+0.030%$2.7M$5.2M50xas long as short
Variational Omni NBIS0.0000%8h231.17−0.056%$2.8M$594Kas long as short
GRVT NBIS_USDT_Perp0.0000%8h231.32+0.009%$4K$116K10xas long as short
SunX NBIS-USDT0.0000%8h231.49+0.082%$1K$1.6M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX NBIS-USDT0.0000%8h231.45+0.065%$15K$57K20xas long as short
Phemex NBISUSDT0.0000%8h231.35+0.022%$1.6M$969K10xas long as short
BloFin NBIS-USDT+0.0011%8h231.41+0.048%$204K$209K20xas long as short
Arcus NBIS-USD+0.0040%1h231.19−0.048%$42K$131K5xas long as short
QFEX NBIS-USD+0.0041%1h231.49+0.082%$1.5M$3.8M10xas long as short
Vest NBIS-USD-PERP+0.0046%1h231.28−0.009%$222K5xas long as short
Polymarket Perps NBIS-USD+0.0050%1h231.29−0.004%$137K$473K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h231.25−0.022%$150K$543K10xas long as short
Coinbase International NBIS-PERP-INTX+0.0056%1h230.39−0.393%$353K$805K10xas long as short
KuCoin NBISUSDTM+0.0100%8h231.21−0.039%$477K$20K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h231.33+0.013%$2K$3K10xas long as short
SoDEX NBIS-USDlong+0.0103%1h231.30long leg$102$20K10x
Aevo NBIS-PERP+0.0104%1h231.29−0.005%10xas long as short
tradeXYZ xyz:NBIS+0.0148%1h231.20−0.043%$54.3M$21.1M10xas long as short
Nado NBIS-PERP+0.0171%1h231.22−0.034%$38K$116K3xas long as short
Phoenix NBIS+0.0312%1h231.13−0.073%$7K$125K10xas long as short
Deribit NBIS_USDC-PERPETUALshort+0.0312%1h231.28−0.009%$34K$49K10x
edgeX NBISUSDC+0.0332%4h231.30−0.002%$37K$227K10xas long as short
Lighter NBIS+0.0344%1h231.300.000%$933K$4.0M10xas long as short
Entropy io:NBIS+0.0440%1h231.25−0.022%$10.1M$3.1M10xas long as short
Kraken Futures PF_NBISUSD+0.0540%1h231.24−0.028%$23K$15K20xas long as short