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+0.0016%/8h= +1.8% APRnext payment +$0.16 per $10,000 · paid last 24h −0.008%
Price spread now: BloFin against Aster+0.224%612s7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1211.207% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 3 days (all we have)−0.289%−$29 · spread now +0.224%, 7d avg +0.018%
Together, before fees−0.289%+ Points / potential airdropAster: Stage 5 · farm board−$29 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BloFin is 0.205% dearer against Aster than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of +0.018%. The two prices were read 612 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster NBISUSDT233.520.0218pay 0.0218% / 8h6h 39m$81K$314K50x
ShortBloFin NBIS-USDT234.040.0234get 0.0234% / 8h6h 39m$207K$209K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Aster. 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
$3.41
Price spread: +0.224% → +0.018%
$20.52
Slippage, 4 orders
−$100.73
Fee Aster: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$96.8
Costs to cover
1.207%
Break-even
205.8 days
Slippage from Aster: live order book, 28 min ago; BloFin: live order book, 21 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 28 min ago9.54 bp87.1 bp −$87doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 21 min ago0.64 bp7.8 bp −$813.4 bp −$134doesn't fitdoesn't fit

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
Bybit NBISUSDT0.0000%8h233.49−0.012%$5.1M$6.3M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h233.41−0.046%$3.4M$16.5M25xas long as short
Gate NBIS_USDT0.0000%8h233.47−0.021%$2.8M$5.0M50xas long as short
Bitget NBISUSDT0.0000%8h233.39−0.055%$2.4M$4.5M20xas long as short
SunX NBIS-USDT0.0000%8h233.40−0.050%$1K$1.7M10xas long as short
HTX NBIS-USDT0.0000%8h233.78+0.112%$15K$60K20xas long as short
Phemex NBISUSDT0.0000%8h233.42−0.042%$1.6M$971K10xas long as short
QFEX NBIS-USD+0.0024%1h233.30−0.093%$1.5M$4.7M10xas long as short
GRVT NBIS_USDT_Perp+0.0036%8h233.58+0.027%$5K$129K10xas long as short
Arcus NBIS-USD+0.0040%1h233.42−0.042%$42K$132K5xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest NBIS-USD-PERP+0.0046%1h233.43−0.038%$226K5xas long as short
Polymarket Perps NBIS-USD+0.0050%1h233.29−0.098%$148K$468K10xas long as short
SoDEX NBIS-USD+0.0050%1h233.35−0.072%$98$20K10xas long as short
Deribit NBIS_USDC-PERPETUAL+0.0050%1h233.26−0.110%$35K$48K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h233.39−0.055%$163K$498K10xas long as short
Kraken Futures PF_NBISUSD+0.0096%1h233.24−0.121%$24K$15K20xas long as short
KuCoin NBISUSDTM+0.0100%8h233.34−0.076%$481K$21K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h233.33−0.080%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h233.36−0.067%10xas long as short
Coinbase International NBIS-PERP-INTX+0.0112%1h236.05+1.084%$386K$721K10xas long as short
tradeXYZ xyz:NBIS+0.0120%1h233.31−0.089%$54.7M$20.0M10xas long as short
Nado NBIS-PERP+0.0156%1h233.22−0.126%$67K$94K3xas long as short
Aster NBISUSDTlong+0.0218%8h233.52long leg$81K$314K50x
Variational Omni NBIS+0.0223%8h233.46−0.025%$2.8M$570Kas long as short
BloFin NBIS-USDTshort+0.0234%8h234.04+0.224%$207K$209K20x
Binance NBISUSDT+0.0240%8h233.43−0.038%$19.2M$85.1M25xas long as short
Extended NBIS-USD+0.0240%1h233.37−0.062%$150K$705K10xas long as short
Lighter NBIS+0.0288%1h233.41−0.046%$901K$4.4M10xas long as short
Phoenix NBIS+0.0306%1h233.43−0.038%$7K$152K10xas long as short
edgeX NBISUSDC+0.0339%4h233.68+0.069%$38K$225K10xas long as short
Entropy io:NBIS+0.0355%1h233.52+0.001%$10.1M$3.3M10xas long as short