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

NBIS

RWAall NBIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0226%/8h= −24.7% APRpaid last 24h +0.026%
Price spread now: Coinbase International against Aster−0.239%54s7-day average +0.102% · you buy dearer than you sell
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1251.249% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.395%+$39 on $10k
Price spread, last 3 days (all we have)+0.372%+$37 · spread now −0.239%, 7d avg +0.102%
Together, before fees+0.766%+ Points / potential airdropAster: Stage 5 · farm board+$77 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Coinbase International is 0.341% cheaper against Aster than usual: you would sell low and buy high (−$34 if the spread goes back to its 7-day average of +0.102%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.395%, so the current rate has only just turned against you. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster NBISUSDT234.320.0226pay 0.0226% / 8h43m 26s$79K$306K50x
ShortCoinbase International NBIS-PERP-INTX233.760get 0.0000% / 1h43m 26s$358K$699K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
−$47.4
Price spread: −0.239% → +0.102%
−$34.08
Slippage, 4 orders
−$106.89
Fee Aster: 4 bp × 2 orders
−$8
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$206.37
Costs to cover
1.249%
Break-even
never at this rate
Slippage from Aster: live order book, 33 min ago; Coinbase International: live order book, 35 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, 33 min ago9.40 bp86.8 bp −$87doesn't fitdoesn't fitdoesn't fit
Sell Coinbase International live order book, 35 min ago4.06 bp9.5 bp −$920.8 bp −$208doesn'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%8h234.41+0.038%$5.2M$6.5M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h234.49+0.073%$3.4M$17.0M25xas long as short
Gate NBIS_USDT0.0000%8h234.42+0.043%$2.8M$5.3M50xas long as short
Bitget NBISUSDT0.0000%8h234.320.000%$2.5M$4.8M20xas long as short
SunX NBIS-USDT0.0000%8h234.45+0.055%$910$1.8M10xas long as short
Deribit NBIS_USDC-PERPETUAL0.0000%1h234.35+0.013%$35K$48K10xas long as short
Coinbase International NBIS-PERP-INTXshort0.0000%1h233.76−0.239%$358K$699K10x
HTX NBIS-USDT0.0000%8h234.37+0.021%$15K$115K20xas long as short
Phemex NBISUSDT0.0000%8h234.43+0.047%$1.6M$968K10xas long as short
Vest NBIS-USD-PERP+0.0046%1h234.57+0.107%$234K5xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps NBIS-USD+0.0050%1h234.47+0.064%$147K$706K10xas long as short
SoDEX NBIS-USD+0.0050%1h234.41+0.038%$28$20K10xas long as short
QFEX NBIS-USD+0.0051%1h234.40+0.034%$1.5M$5.1M10xas long as short
KuCoin NBISUSDTM+0.0100%8h234.27−0.021%$483K$25K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h234.43+0.047%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h234.48+0.067%10xas long as short
Variational Omni NBIS+0.0202%8h234.45+0.056%$2.9M$821Kas long as short
Nado NBIS-PERP+0.0216%1h234.29−0.012%$28K$63K3xas long as short
Aster NBISUSDTlong+0.0226%8h234.32long leg$79K$306K50x
BloFin NBIS-USDT+0.0234%8h234.48+0.068%$206K$214K20xas long as short
Binance NBISUSDT+0.0240%8h234.44+0.051%$19.4M$86.3M25xas long as short
Extended NBIS-USD+0.0240%1h234.40+0.034%$142K$697K10xas long as short
Kraken Futures PF_NBISUSD+0.0248%1h234.24−0.036%$24K$13K20xas long as short
GRVT NBIS_USDT_Perp+0.0255%8h234.42+0.043%$5K$140K10xas long as short
Arcus NBIS-USD+0.0269%1h234.38+0.026%$44K$134K5xas long as short
tradeXYZ xyz:NBIS+0.0282%1h234.43+0.047%$54.7M$23.3M10xas long as short
Ondo Perps NBIS-USD.P+0.0307%1h234.33+0.004%$174K$498K10xas long as short
Lighter NBIS+0.0368%1h234.57+0.107%$931K$4.6M10xas long as short
Phoenix NBIS+0.0376%1h234.65+0.141%$7K$163K10xas long as short
Entropy io:NBIS+0.0501%1h234.41+0.038%$10.2M$3.4M10xas long as short
edgeX NBISUSDC+0.0502%4h234.37+0.022%$38K$236K10xas long as short