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

NBIS

RWAall NBIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0184%/8h= +20.1% APRnext payment +$0.23 per $10,000 · paid last 24h −0.006%
Price spread now: Deribit against Arcus−0.017%7-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 feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus NBIS-USD232.170.0040pay 0.0005% / 1h7m 21s$42K$132K5x
ShortDeribit NBIS_USDC-PERPETUAL232.130.0224get 0.0028% / 1h7m 21s$34K$49K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against Arcus. 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
$38.6
Price spread: −0.017% → 0.000%
−$1.72
Slippage, 4 orders
no order book: not counted
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$25.38
Costs to cover
0.115%
Break-even
2.4 days
Slippage unknown: Arcus: live order book, 46 min ago; 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 Arcus live order book, 46 min ago3.41 bp9.1 bp −$918.3 bp −$183doesn't fitdoesn't fit
Sell Deribit no order-book sample
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 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
Aster NBISUSDT0.0000%8h232.27+0.042%$78K$310K50xas long as short
Extended NBIS-USD0.0000%1h232.03−0.061%$146K$599K10xas long as short
Binance NBISUSDT0.0000%8h232.11−0.026%$18.8M$85.6M25xas long as short
Bybit NBISUSDT0.0000%8h232.21+0.017%$4.9M$6.4M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h232.170.000%$3.4M$16.1M25xas long as short
Gate NBIS_USDT0.0000%8h232.26+0.039%$2.7M$5.1M50xas long as short
Bitget NBISUSDT0.0000%8h232.18+0.004%$2.3M$4.5M20xas long as short
Variational Omni NBIS0.0000%8h232.19+0.007%$2.9M$552Kas long as short
GRVT NBIS_USDT_Perp0.0000%8h231.97−0.086%$5K$118K10xas long as short
SunX NBIS-USDT0.0000%8h231.93−0.103%$937$1.6M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX NBIS-USDT0.0000%8h232.16−0.004%$15K$60K20xas long as short
Phemex NBISUSDT0.0000%8h232.21+0.017%$1.6M$956K10xas long as short
Nado NBIS-PERP+0.0008%1h232.06−0.047%$38K$115K3xas long as short
BloFin NBIS-USDT+0.0014%8h232.02−0.065%$206K$204K20xas long as short
QFEX NBIS-USD+0.0034%1h232.14−0.013%$1.5M$4.0M10xas long as short
Arcus NBIS-USDlong+0.0040%1h232.17long leg$42K$132K5x
Vest NBIS-USD-PERP+0.0046%1h232.10−0.030%$217K5xas long as short
Kraken Futures PF_NBISUSD+0.0049%1h232.02−0.064%$23K$15K20xas long as short
tradeXYZ xyz:NBIS+0.0050%1h231.98−0.082%$54.1M$20.2M10xas long as short
Polymarket Perps NBIS-USD+0.0050%1h232.07−0.043%$143K$459K10xas long as short
SoDEX NBIS-USD+0.0050%1h231.86−0.134%$102$21K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h232.08−0.039%$160K$507K10xas long as short
KuCoin NBISUSDTM+0.0100%8h232.07−0.043%$478K$20K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h232.06−0.047%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h232.01−0.067%10xas long as short
Coinbase International NBIS-PERP-INTX+0.0104%1h232.30+0.056%$361K$771K10xas long as short
Lighter NBIS+0.0200%1h232.15−0.009%$915K$4.0M10xas long as short
Deribit NBIS_USDC-PERPETUALshort+0.0224%1h232.13−0.017%$34K$49K10x
Phoenix NBIS+0.0239%1h232.25+0.034%$7K$150K10xas long as short
Entropy io:NBIS+0.0290%1h232.30+0.056%$10.1M$3.2M10xas long as short
edgeX NBISUSDC+0.0317%4h231.93−0.102%$37K$226K10xas long as short