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+0.0050%/8h= +5.5% APRpaid last 24h −0.013%
Price spread now: SoDEX against Binance+0.005%45s7-day average · you sell dearer than you buy
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 3 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: +$2 a day on $10k at the current rate. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance NBISUSDT233.720get 0.0000% / 8h3h 40m$19.2M$84.6M25x
ShortSoDEX NBIS-USD233.730.0050get 0.0006% / 1h40m 33s$79$21K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against Binance. 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
$10.5
Price spread: +0.005% → 0.000%
$0.53
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$6.97
Costs to cover
0.180%
Break-even
11.6 days
Slippage unknown: Binance: live order book, 2 min ago; SoDEX: 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 Binance live order book, 2 min ago0.64 bp8.8 bp −$922.4 bp −$22478.8 bp −$7,883doesn't fit
Sell SoDEX no order-book sample
SoDEX: 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
BloFin NBIS-USDT−0.0010%8h233.67−0.020%$206K$205K20xas long as short
Aster NBISUSDT0.0000%8h233.93+0.089%$78K$310K50xas long as short
Extended NBIS-USD0.0000%1h233.63−0.036%$147K$699K10xas long as short
Binance NBISUSDTlong0.0000%8h233.72long leg$19.2M$84.6M25x
Bybit NBISUSDT0.0000%8h233.72+0.001%$5.0M$6.3M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h233.55−0.072%$3.4M$16.1M25xas long as short
Gate NBIS_USDT0.0000%8h233.73+0.005%$2.7M$5.0M50xas long as short
Bitget NBISUSDT0.0000%8h233.68−0.016%$2.4M$4.4M20xas long as short
Variational Omni NBIS0.0000%8h233.67−0.019%$2.9M$556Kas long as short
GRVT NBIS_USDT_Perp0.0000%8h234.45+0.313%$4K$120K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX NBIS-USDT0.0000%8h233.70−0.008%$848$1.7M10xas long as short
Deribit NBIS_USDC-PERPETUAL0.0000%1h233.59−0.055%$35K$49K10xas long as short
HTX NBIS-USDT0.0000%8h234.10+0.164%$15K$60K20xas long as short
Phemex NBISUSDT0.0000%8h233.74+0.010%$1.6M$954K10xas long as short
Nado NBIS-PERP+0.0028%1h233.62−0.043%$38K$115K3xas long as short
QFEX NBIS-USD+0.0034%1h233.81+0.040%$1.5M$4.0M10xas long as short
Arcus NBIS-USD+0.0040%1h233.87+0.065%$42K$132K5xas long as short
Vest NBIS-USD-PERP+0.0046%1h233.99+0.117%$216K5xas long as short
Kraken Futures PF_NBISUSD+0.0049%1h233.57−0.064%$23K$15K20xas long as short
tradeXYZ xyz:NBIS+0.0050%1h233.67−0.020%$54.5M$20.0M10xas long as short
Polymarket Perps NBIS-USD+0.0050%1h233.68−0.016%$147K$456K10xas long as short
SoDEX NBIS-USDshort+0.0050%1h233.73+0.005%$79$21K10x
Ondo Perps NBIS-USD.P+0.0050%1h233.98+0.112%$160K$502K10xas long as short
KuCoin NBISUSDTM+0.0100%8h233.68−0.016%$481K$20K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h233.70−0.008%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h233.65−0.029%10xas long as short
Coinbase International NBIS-PERP-INTX+0.0104%1h235.56+0.788%$389K$724K10xas long as short
Lighter NBIS+0.0216%1h233.76+0.018%$912K$3.9M10xas long as short
Phoenix NBIS+0.0239%1h234.36+0.275%$7K$150K10xas long as short
Entropy io:NBIS+0.0299%1h233.88+0.070%$10.2M$3.2M10xas long as short
edgeX NBISUSDC+0.0607%4h234.16+0.188%$38K$225K10xas long as short