Settings8H · net · $10k
Funding arb · Price arb /

NBIS

RWAall NBIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0067%/8h= −7.4% APRpaid last 24h −0.007%
Price spread now: Polymarket Perps against Variational Omni+0.152%7-day average −0.009% · 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 4 days (all we have)−0.085%−$8 on $10k
Price spread, last 4 days (all we have)−0.186%−$19 · spread now +0.152%, 7d avg −0.009%
Together, before fees−0.270%+ Points / potential airdropVariational Omni: Active · farm board−$27 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Polymarket Perps is 0.162% dearer against Variational Omni than usual: you sell high and buy low (spread +0.152% now, against its 7-day average of −0.009%): +$16 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 8.0 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni NBIS232.520.0182pay 0.0182% / 8h4h 44m$2.9M$623K
ShortPolymarket Perps NBIS-USD232.870.0115get 0.0014% / 1h44m 33s$129K$478K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
−$14.15
Price spread: +0.152% → −0.009%
$16.18
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$5.97
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Polymarket Perps: live order book, 61 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, 3 min ago2.77 bpdoesn't fit36.1 bp −$361doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 61 min ago1.92 bp5.9 bp −$68.1 bp −$81doesn't fitdoesn't fit

NBIS on 31 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NBIS-USDT-SWAP0.0000%8h232.86+0.148%$3.3M$16.2M25xas long as short
Gate NBIS_USDT0.0000%8h232.75+0.101%$2.7M$4.8M50xas long as short
Bitget NBISUSDT0.0000%8h232.99+0.204%$2.3M$4.4M20xas long as short
SunX NBIS-USDT0.0000%8h232.73+0.092%$1K$1.4M10xas long as short
HTX NBIS-USDT0.0000%8h232.71+0.084%$12K$61K20xas long as short
Phemex NBISUSDT0.0000%8h232.86+0.148%$1.6M$968K10xas long as short
Kraken Futures PF_NBISUSD+0.0039%1h232.78+0.115%$22K$10K20xas long as short
SoDEX NBIS-USD+0.0050%1h232.67+0.066%$1K$20K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h233.10+0.251%$151K$520K10xas long as short
Vest NBIS-USD-PERP+0.0052%1h232.97+0.195%$250K5xas long as short
Show all 31 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX NBIS-USD+0.0053%1h232.90+0.165%$1.6M$3.6M10xas long as short
KuCoin NBISUSDTM+0.0100%8h232.60+0.036%$472K$250K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h232.65+0.058%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h232.55+0.016%10xas long as short
Polymarket Perps NBIS-USDshort+0.0115%1h232.87+0.152%$129K$478K10x
Variational Omni NBISlong+0.0182%8h232.52long leg$2.9M$623K
Nado NBIS-PERP+0.0187%1h232.51−0.002%$38K$54K3xas long as short
edgeX NBISUSDC+0.0203%4h232.68+0.070%$31K$234K10xas long as short
BloFin NBIS-USDT+0.0211%8h232.77+0.109%$209K$216K20xas long as short
Aster NBISUSDT+0.0213%8h233.05+0.231%$81K$314K50xas long as short
Bybit NBISUSDT+0.0220%8h232.94+0.182%$5.4M$6.9M50xas long as short
Coinbase International NBIS-PERP-INTX+0.0224%1h234.06+0.664%$383K$861K10xas long as short
Binance NBISUSDT+0.0236%8h232.95+0.187%$20.5M$90.3M25xas long as short
Extended NBIS-USD+0.0240%1h232.80+0.124%$147K$1.0M10xas long as short
Deribit NBIS_USDC-PERPETUAL+0.0352%1h232.57+0.023%$36K$50K10xas long as short
Lighter NBIS+0.0392%1h232.79+0.118%$940K$3.7M10xas long as short
tradeXYZ xyz:NBIS+0.0401%1h232.66+0.062%$55.7M$19.0M10xas long as short
GRVT NBIS_USDT_Perp+0.0419%8h232.93+0.179%$5K$101K10xas long as short
Phoenix NBIS+0.0444%1h233.23+0.307%$7K$117K10xas long as short
Entropy io:NBIS+0.0680%1h232.86+0.148%$10.2M$2.9M10xas long as short
Arcus NBIS-USD+0.0870%1h232.83+0.135%$43K$116K5xas long as short