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−0.0130%/8h= −14.2% APRnext payment $1.30 per $10,000 · paid last 24h −0.020%
Price spread now: Bybit against Aster+0.137%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$132as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1361.361% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.041%+$4 on $10k
Price spread, last 4 days (all we have)−0.153%−$15 · spread now +0.137%, 7d avg +0.003%
Together, before fees−0.113%+ Points / potential airdropAster: Stage 5 · farm board−$11 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.134% dearer against Aster than usual: you sell high and buy low (spread +0.137% now, against its 7-day average of +0.003%): +$13 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 3.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster NBISUSDT236.060.0250pay 0.0250% / 8h7h 26m$82K$308K50x
ShortBybit NBISUSDT236.380.0120get 0.0120% / 8h7h 26m$5.1M$6.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
−$27.25
Price spread: +0.137% → +0.003%
$13.38
Slippage, 4 orders
−$117.06
Fee Aster: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$149.93
Costs to cover
1.361%
Break-even
never at this rate
Slippage from Aster: live order book, 45 min ago; Bybit: live order book, 1 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, 45 min ago10.44 bp86.8 bp −$87doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago2.96 bp18.9 bp −$1979.1 bp −$791doesn'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
Kraken Futures PF_NBISUSD−0.0178%1h236.22+0.068%$24K$15K20xas long as short
OKX NBIS-USDT-SWAP0.0000%8h236.26+0.086%$3.4M$16.8M25xas long as short
SunX NBIS-USDT0.0000%8h236.28+0.095%$1K$1.7M10xas long as short
HTX NBIS-USDT0.0000%8h236.25+0.082%$15K$112K20xas long as short
Phemex NBISUSDT0.0000%8h236.37+0.133%$1.6M$972K10xas long as short
Coinbase International NBIS-PERP-INTX+0.0016%1h236.05−0.003%$386K$739K10xas long as short
QFEX NBIS-USD+0.0038%1h236.16+0.044%$1.5M$5.0M10xas long as short
Gate NBIS_USDT+0.0043%8h236.28+0.095%$2.8M$5.1M50xas long as short
Vest NBIS-USD-PERP+0.0046%1h236.36+0.128%$224K5xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h235.64−0.177%$175K$504K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget NBISUSDT+0.0083%8h236.36+0.128%$2.5M$4.6M20xas long as short
KuCoin NBISUSDTM+0.0100%8h236.09+0.014%$487K$23K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h236.36+0.128%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h236.31+0.108%10xas long as short
Bybit NBISUSDTshort+0.0120%8h236.38+0.137%$5.1M$6.5M50x
Nado NBIS-PERP+0.0191%1h236.05−0.005%$31K$66K3xas long as short
SoDEX NBIS-USD+0.0201%1h236.31+0.107%$57$20K10xas long as short
Variational Omni NBIS+0.0230%8h235.75−0.131%$2.9M$820Kas long as short
Aster NBISUSDTlong+0.0250%8h236.06long leg$82K$308K50x
BloFin NBIS-USDT+0.0253%8h236.22+0.069%$207K$212K20xas long as short
Binance NBISUSDT+0.0270%8h236.32+0.111%$19.7M$85.7M25xas long as short
Extended NBIS-USD+0.0272%1h236.27+0.090%$151K$891K10xas long as short
Deribit NBIS_USDC-PERPETUAL+0.0301%1h236.20+0.061%$35K$48K10xas long as short
Lighter NBIS+0.0336%1h236.37+0.133%$930K$4.5M10xas long as short
Polymarket Perps NBIS-USD+0.0351%1h236.29+0.099%$134K$436K10xas long as short
Arcus NBIS-USD+0.0366%1h235.87−0.079%$44K$132K5xas long as short
Phoenix NBIS+0.0409%1h236.14+0.035%$7K$163K10xas long as short
GRVT NBIS_USDT_Perp+0.0435%8h235.71−0.148%$5K$133K10xas long as short
tradeXYZ xyz:NBIS+0.0453%1h236.24+0.078%$55.3M$23.7M10xas long as short
Entropy io:NBIS+0.0905%1h235.93−0.054%$10.3M$3.4M10xas long as short
edgeX NBISUSDC+0.0983%4h236.10+0.019%$38K$227K10xas long as short