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−0.0016%/8h= −1.7% APRnext payment $0.02 per $10,000 · paid last 24h −0.003%
Price spread now: QFEX against SoDEX+0.056%7-day average · you sell dearer than you buy
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 pays, funding is against you. QFEX is 0.056% dearer against SoDEX than usual: you sell high and buy low (spread +0.056% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 12 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX NBIS-USD233.620.0050pay 0.0006% / 1h38m 41s$75$21K10x
ShortQFEX NBIS-USD233.750.0034get 0.0004% / 1h38m 41s$1.5M$4.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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
−$3.34
Price spread: +0.056% → 0.000%
$5.56
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$15.78
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: SoDEX: no order-book sample; QFEX: live order book, 5 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 QFEX live order book, 5 min ago3.20 bp9.0 bp −$912.2 bp −$122doesn'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
BloFin NBIS-USDT−0.0023%8h233.61−0.004%$206K$205K20xas long as short
Aster NBISUSDT0.0000%8h233.94+0.137%$78K$310K50xas long as short
Extended NBIS-USD0.0000%1h233.64+0.010%$147K$699K10xas long as short
Binance NBISUSDT0.0000%8h233.71+0.037%$19.2M$84.7M25xas long as short
Bybit NBISUSDT0.0000%8h233.76+0.060%$5.0M$6.3M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h233.73+0.047%$3.4M$16.1M25xas long as short
Gate NBIS_USDT0.0000%8h233.80+0.077%$2.7M$5.0M50xas long as short
Bitget NBISUSDT0.0000%8h233.78+0.068%$2.4M$4.4M20xas long as short
Variational Omni NBIS0.0000%8h233.67+0.023%$2.9M$556Kas long as short
GRVT NBIS_USDT_Perp0.0000%8h233.70+0.034%$4K$119K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX NBIS-USDT0.0000%8h233.66+0.017%$848$1.7M10xas long as short
Deribit NBIS_USDC-PERPETUAL0.0000%1h233.54−0.034%$35K$49K10xas long as short
HTX NBIS-USDT0.0000%8h234.10+0.205%$15K$60K20xas long as short
Phemex NBISUSDT0.0000%8h233.67+0.021%$1.6M$954K10xas long as short
Nado NBIS-PERP+0.0022%1h233.58−0.019%$38K$115K3xas long as short
QFEX NBIS-USDshort+0.0034%1h233.75+0.056%$1.5M$4.0M10x
Arcus NBIS-USD+0.0040%1h233.70+0.034%$42K$132K5xas long as short
Vest NBIS-USD-PERP+0.0046%1h233.80+0.077%$216K5xas long as short
Kraken Futures PF_NBISUSD+0.0049%1h233.45−0.072%$23K$15K20xas long as short
tradeXYZ xyz:NBIS+0.0050%1h233.68+0.026%$54.5M$20.0M10xas long as short
Polymarket Perps NBIS-USD+0.0050%1h233.54−0.034%$147K$456K10xas long as short
SoDEX NBIS-USDlong+0.0050%1h233.62long leg$75$21K10x
Ondo Perps NBIS-USD.P+0.0050%1h233.98+0.154%$160K$502K10xas long as short
KuCoin NBISUSDTM+0.0100%8h233.63+0.004%$481K$20K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h233.63+0.004%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h233.59−0.014%10xas long as short
Coinbase International NBIS-PERP-INTX+0.0104%1h235.56+0.830%$389K$724K10xas long as short
edgeX NBISUSDC+0.0171%4h233.69+0.030%$38K$226K10xas long as short
Lighter NBIS+0.0232%1h233.73+0.047%$912K$3.9M10xas long as short
Phoenix NBIS+0.0239%1h233.81+0.081%$7K$150K10xas long as short
Entropy io:NBIS+0.0287%1h233.77+0.064%$10.1M$3.2M10xas long as short