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

NBIS

RWAall NBIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0046%/8h= −5.0% APRnext payment $0.06 per $10,000 · paid last 24h +0.028%
Price spread now: Deribit against Vest−0.239%48s7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVest: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Deribit is 0.239% cheaper against Vest than usual: you would sell low and buy high (−$24 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest NBIS-USD-PERP234.130.0046pay 0.0006% / 1h43m 21s$250K5x
ShortDeribit NBIS_USDC-PERPETUAL233.570get 0.0000% / 1h43m 21s$35K$49K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against Vest. 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
−$9.59
Price spread: −0.239% → 0.000%
−$23.92
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$42.51
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: Vest: 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 Vest no order-book sample
Sell Deribit no order-book sample
Vest 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 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%8h234.03−0.043%$3.3M$16.6M25xas long as short
Gate NBIS_USDT0.0000%8h234.01−0.051%$2.8M$5.0M50xas long as short
Bitget NBISUSDT0.0000%8h234.03−0.043%$2.3M$4.6M20xas long as short
SunX NBIS-USDT0.0000%8h233.59−0.231%$1K$1.4M10xas long as short
Deribit NBIS_USDC-PERPETUALshort0.0000%1h233.57−0.239%$35K$49K10x
HTX NBIS-USDT0.0000%8h234.47+0.145%$13K$62K20xas long as short
Phemex NBISUSDT0.0000%8h233.84−0.124%$1.6M$969K10xas long as short
Vest NBIS-USD-PERPlong+0.0046%1h234.13long leg$250K5x
Ondo Perps NBIS-USD.P+0.0050%1h233.37−0.325%$152K$532K10xas long as short
QFEX NBIS-USD+0.0058%1h233.88−0.107%$1.6M$3.6M10xas long as short
Show all 31 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NBISUSDTM+0.0100%8h233.79−0.145%$474K$186K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h233.94−0.081%$2K$3K10xas long as short
Bybit NBISUSDT+0.0104%8h234.14+0.004%$5.4M$7.0M50xas long as short
Aevo NBIS-PERP+0.0104%1h234.06−0.031%10xas long as short
Coinbase International NBIS-PERP-INTX+0.0104%1h234.06−0.030%$383K$883K10xas long as short
Variational Omni NBIS+0.0111%8h233.75−0.164%$2.9M$646Kas long as short
Polymarket Perps NBIS-USD+0.0114%1h233.98−0.064%$134K$476K10xas long as short
Aster NBISUSDT+0.0145%8h234.35+0.096%$81K$314K50xas long as short
Extended NBIS-USD+0.0176%1h233.92−0.091%$149K$842K10xas long as short
Binance NBISUSDT+0.0180%8h234.00−0.056%$20.6M$91.5M25xas long as short
BloFin NBIS-USDT+0.0197%8h233.87−0.111%$207K$217K20xas long as short
Nado NBIS-PERP+0.0222%1h233.98−0.063%$38K$85K3xas long as short
edgeX NBISUSDC+0.0334%4h233.78−0.148%$31K$234K10xas long as short
Kraken Futures PF_NBISUSD+0.0370%1h233.49−0.274%$22K$11K20xas long as short
Lighter NBIS+0.0376%1h234.04−0.038%$946K$3.8M10xas long as short
Phoenix NBIS+0.0377%1h233.68−0.192%$7K$127K10xas long as short
tradeXYZ xyz:NBIS+0.0387%1h234.12−0.004%$55.4M$19.2M10xas long as short
Arcus NBIS-USD+0.0413%1h233.98−0.064%$42K$119K5xas long as short
SoDEX NBIS-USD+0.0495%1h233.85−0.120%$84$19K10xas long as short
GRVT NBIS_USDT_Perp+0.0560%8h234.24+0.047%$4K$101K10xas long as short
Entropy io:NBIS+0.0761%1h233.96−0.073%$10.2M$3.0M10xas long as short