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−0.0021%/8h= −2.3% APRnext payment $0.21 per $10,000 · paid last 24h +0.006%
Price spread now: KuCoin against Variational Omni−0.055%7-day average −0.108% · 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)−0.013%−$1 on $10k
Price spread, last 4 days (all we have)−0.726%−$73 · spread now −0.055%, 7d avg −0.108%
Together, before fees−0.739%+ Points / potential airdropVariational Omni: Active · farm board−$74 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.053% dearer against Variational Omni than usual: you sell high and buy low (spread −0.055% now, against its 7-day average of −0.108%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 8.5 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni NBIS234.140.0121pay 0.0121% / 8h5h 49m$2.8M$569K
ShortKuCoin NBISUSDTM234.010.0100get 0.0100% / 8h5h 49m$482K$21K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Variational Omni. 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
−$4.36
Price spread: −0.055% → −0.108%
$5.31
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$11.05
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; KuCoin: live order book, 48 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 Variational Omni RFQ quote, 5 min ago3.67 bpdoesn't fit50.4 bp −$504doesn't fitdoesn't fit
Sell KuCoin live order book, 48 min ago31.51 bp106.5 bp −$107doesn't fitdoesn't fitdoesn't fit

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
Nado NBIS-PERP−0.0013%1h234.09−0.020%$67K$95K3xas long as short
Bybit NBISUSDT0.0000%8h233.96−0.077%$5.0M$6.2M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h233.95−0.081%$3.4M$16.2M25xas long as short
Gate NBIS_USDT0.0000%8h234.04−0.042%$2.8M$5.0M50xas long as short
Bitget NBISUSDT0.0000%8h234.06−0.034%$2.4M$4.4M20xas long as short
GRVT NBIS_USDT_Perp0.0000%8h234.25+0.049%$5K$127K10xas long as short
SunX NBIS-USDT0.0000%8h234.11−0.013%$904$1.7M10xas long as short
Deribit NBIS_USDC-PERPETUAL0.0000%1h234.06−0.034%$35K$48K10xas long as short
HTX NBIS-USDT0.0000%8h234.19+0.022%$15K$60K20xas long as short
Phemex NBISUSDT0.0000%8h234.09−0.021%$1.6M$967K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX NBIS-USD+0.0023%1h234.04−0.042%$1.5M$4.4M10xas long as short
Arcus NBIS-USD+0.0040%1h234.01−0.055%$42K$132K5xas long as short
Vest NBIS-USD-PERP+0.0046%1h234.25+0.047%$215K5xas long as short
tradeXYZ xyz:NBIS+0.0050%1h233.87−0.115%$54.6M$19.7M10xas long as short
Polymarket Perps NBIS-USD+0.0050%1h233.91−0.098%$149K$453K10xas long as short
SoDEX NBIS-USD+0.0050%1h234.04−0.042%$14$20K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h234.09−0.021%$163K$499K10xas long as short
KuCoin NBISUSDTMshort+0.0100%8h234.01−0.055%$482K$21K20x
Orderly PERP_NBIS_USDC_mythos+0.0100%8h233.97−0.072%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h234.09−0.021%10xas long as short
Coinbase International NBIS-PERP-INTX+0.0104%1h233.53−0.260%$382K$712K10xas long as short
Variational Omni NBISlong+0.0121%8h234.14long leg$2.8M$569K
Aster NBISUSDT+0.0140%8h234.25+0.047%$81K$307K50xas long as short
Binance NBISUSDT+0.0150%8h233.96−0.077%$19.1M$84.6M25xas long as short
Kraken Futures PF_NBISUSD+0.0152%1h234.14+0.001%$23K$15K20xas long as short
Extended NBIS-USD+0.0152%1h234.01−0.056%$147K$698K10xas long as short
Lighter NBIS+0.0248%1h234.11−0.013%$903K$4.3M10xas long as short
Phoenix NBIS+0.0308%1h234.23+0.039%$7K$150K10xas long as short
Entropy io:NBIS+0.0428%1h234.12−0.008%$10.2M$3.3M10xas long as short
edgeX NBISUSDC+0.0894%4h234.14−0.001%$38K$226K10xas long as short