Funding arb · Price arb /

NBIS

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0172%/8h= +18.9% APRpaid last 24h —

Price spread now: edgeX against Aevo−0.034%7-day average — · you buy dearer than you sell

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

Long on Aevo Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

Funding pays, the price is against you. edgeX is 0.034% cheaper against Aevo than usual: you would sell low and buy high (spread −0.034% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 16 hours of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo NBIS-PERP	232.13	0.0104	pay 0.0013% / 1h	45m 07s	—	—	10x
Short	edgeX NBISUSDC	232.05	0.0276	get 0.0138% / 4h	2h 45m	$37K	$227K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Aevo. 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 AevobpFee edgeXbpOrdersPrice spread, now −0.034%Rate

Funding earned: $36.22
Price spread: −0.034% → 0.000%: −$3.4
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $7.82
Costs to cover: 0.250%
Break-even: 5.5 days

Slippage unknown: Aevo: no order-book sample; edgeX: live order book, 2 min ago. 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 Aevo no order-book sample	—	—	—	—	—
Sell edgeX live order book, 2 min ago	5.60 bp	16.4 bp −$16	doesn't fit	doesn't fit	doesn't fit

Aevo: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget NBISUSDT	−0.0102%	8h	232.32	+0.083%	$2.3M	$4.5M	20x	as long as short
BloFin NBIS-USDT	−0.0025%	8h	232.13	+0.001%	$205K	$205K	20x	as long as short
Aster NBISUSDT	0.0000%	8h	232.23	+0.045%	$83K	$310K	50x	as long as short
Extended NBIS-USD	0.0000%	1h	232.14	+0.005%	$145K	$753K	10x	as long as short
Binance NBISUSDT	0.0000%	8h	232.20	+0.031%	$18.8M	$85.7M	25x	as long as short
Bybit NBISUSDT	0.0000%	8h	232.18	+0.023%	$4.9M	$6.4M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	232.08	−0.021%	$3.3M	$16.0M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	232.21	+0.035%	$2.7M	$5.0M	50x	as long as short
Variational Omni NBIS	0.0000%	8h	232.03	−0.042%	$2.9M	$555K	—	as long as short
GRVT NBIS_USDT_Perp	0.0000%	8h	232.07	−0.026%	$5K	$118K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX NBIS-USDT	0.0000%	8h	232.32	+0.083%	$1K	$1.6M	10x	as long as short
Deribit NBIS_USDC-PERPETUAL	0.0000%	1h	232.14	+0.005%	$34K	$49K	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	232.08	−0.021%	$15K	$60K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	232.14	+0.005%	$1.6M	$956K	10x	as long as short
Nado NBIS-PERP	+0.0024%	1h	232.07	−0.026%	$38K	$115K	3x	as long as short
QFEX NBIS-USD	+0.0029%	1h	232.29	+0.070%	$1.5M	$3.9M	10x	as long as short
Arcus NBIS-USD	+0.0040%	1h	232.13	+0.001%	$42K	$132K	5x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	232.23	+0.044%	—	$217K	5x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	232.24	+0.048%	$143K	$459K	10x	as long as short
SoDEX NBIS-USD	+0.0050%	1h	232.08	−0.021%	$93	$20K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	232.14	+0.005%	$160K	$506K	10x	as long as short
tradeXYZ xyz:NBIS	+0.0069%	1h	232.13	+0.001%	$54.1M	$20.2M	10x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	232.18	+0.023%	$478K	$20K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	232.19	+0.027%	$2K	$3K	10x	as long as short
Aevo NBIS-PERPlong	+0.0104%	1h	232.13	long leg	—	—	10x
Coinbase International NBIS-PERP-INTX	+0.0168%	1h	232.30	+0.074%	$361K	$771K	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0222%	1h	232.09	−0.017%	$23K	$15K	20x	as long as short
Phoenix NBIS	+0.0242%	1h	232.54	+0.178%	$7K	$150K	10x	as long as short
edgeX NBISUSDCshort	+0.0276%	4h	232.05	−0.034%	$37K	$227K	10x
Lighter NBIS	+0.0312%	1h	232.18	+0.023%	$929K	$3.9M	10x	as long as short
Entropy io:NBIS	+0.0450%	1h	232.25	+0.053%	$10.1M	$3.2M	10x	as long as short