Funding arb · Price arb /

NBIS

RWAall NBIS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.014%

Price spread now: Vest against SunX+0.060%49s7-day average +0.475% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on SunX Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.045%+$4 on $10k

Price spread, last 3 days (all we have)−0.035%−$4 · spread now +0.060%, 7d avg +0.475%

Together, before fees+0.009%+ Points / potential airdropVest: Active · farm board+$1 on $10k · with fees, hour by hour

Funding pays, the price is against you. Vest is 0.415% cheaper against SunX than usual: you would sell low and buy high (spread +0.060% now, against its 7-day average of +0.475%). If the spread goes back, that is −$42 on $10k: about 30 days of funding at the current rate (+$1 a day). The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX NBIS-USDT	234.11	0	get 0.0000% / 8h	5h 49m	$904	$1.7M	10x
Short	Vest NBIS-USD-PERP	234.25	0.0046	get 0.0006% / 1h	49m 30s	—	$215K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against SunX. 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

Position, each leg$Hold fordaysFee SunXbpFee VestbpOrdersPrice spread, now +0.060%Rate

Funding earned: $9.59
Price spread: +0.060% → +0.475%: −$41.54
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Vest: 1 bp × 2 orders: −$2
Net: −$41.95
Costs to cover: 0.100%
Break-even: 37.6 days

Slippage unknown: SunX: live order book, 6 min ago; Vest: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy SunX live order book, 6 min ago	45.05 bp	63.5 bp −$63	doesn't fit	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado NBIS-PERP	−0.0013%	1h	234.09	−0.008%	$67K	$95K	3x	as long as short
Bybit NBISUSDT	0.0000%	8h	233.96	−0.064%	$5.0M	$6.2M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	233.95	−0.068%	$3.4M	$16.2M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	234.04	−0.030%	$2.8M	$5.0M	50x	as long as short
Bitget NBISUSDT	0.0000%	8h	234.06	−0.021%	$2.4M	$4.4M	20x	as long as short
GRVT NBIS_USDT_Perp	0.0000%	8h	234.25	+0.062%	$5K	$127K	10x	as long as short
SunX NBIS-USDTlong	0.0000%	8h	234.11	long leg	$904	$1.7M	10x
Deribit NBIS_USDC-PERPETUAL	0.0000%	1h	234.06	−0.021%	$35K	$48K	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	234.19	+0.034%	$15K	$60K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	234.09	−0.009%	$1.6M	$967K	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX NBIS-USD	+0.0023%	1h	234.04	−0.030%	$1.5M	$4.4M	10x	as long as short
Arcus NBIS-USD	+0.0040%	1h	234.01	−0.043%	$42K	$132K	5x	as long as short
Vest NBIS-USD-PERPshort	+0.0046%	1h	234.25	+0.060%	—	$215K	5x
tradeXYZ xyz:NBIS	+0.0050%	1h	233.87	−0.103%	$54.6M	$19.7M	10x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	233.91	−0.085%	$149K	$453K	10x	as long as short
SoDEX NBIS-USD	+0.0050%	1h	234.04	−0.030%	$14	$20K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	234.09	−0.009%	$163K	$499K	10x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	234.01	−0.043%	$482K	$21K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	233.97	−0.060%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	234.09	−0.009%	—	—	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0104%	1h	233.53	−0.248%	$382K	$712K	10x	as long as short
Variational Omni NBIS	+0.0121%	8h	234.14	+0.013%	$2.8M	$569K	—	as long as short
Aster NBISUSDT	+0.0140%	8h	234.25	+0.059%	$81K	$307K	50x	as long as short
Binance NBISUSDT	+0.0150%	8h	233.96	−0.064%	$19.1M	$84.6M	25x	as long as short
Kraken Futures PF_NBISUSD	+0.0152%	1h	234.14	+0.013%	$23K	$15K	20x	as long as short
Extended NBIS-USD	+0.0152%	1h	234.01	−0.044%	$147K	$698K	10x	as long as short
Lighter NBIS	+0.0248%	1h	234.11	0.000%	$903K	$4.3M	10x	as long as short
Phoenix NBIS	+0.0308%	1h	234.23	+0.051%	$7K	$150K	10x	as long as short
Entropy io:NBIS	+0.0428%	1h	234.12	+0.004%	$10.2M	$3.3M	10x	as long as short
edgeX NBISUSDC	+0.0894%	4h	234.14	+0.012%	$38K	$226K	10x	as long as short