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

NBIS

RWAall NBIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%
Price spread now: OKX against Bitget−0.026%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$490.490% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.085%−$8 on $10k
Price spread, last 7 days+0.030%+$3 · spread now −0.026%, 7d avg −0.004%
Together, before fees−0.055%−$6 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.022% cheaper against Bitget than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget NBISUSDT233.110get 0.0000% / 8h3h 16m$2.3M$4.5M20x
ShortOKX NBIS-USDT-SWAP233.050get 0.0000% / 8h3h 16m$3.4M$16.1M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Bitget. 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
$0
Price spread: −0.026% → −0.004%
−$2.2
Slippage, 4 orders
−$27.01
Fee Bitget: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$51.21
Costs to cover
0.490%
Break-even
never at this rate
Slippage from Bitget: live order book, 2 min ago; OKX: live order book, 2 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 Bitget live order book, 2 min ago3.01 bp14.6 bp −$1524.0 bp −$24038.6 bp −$3,864doesn't fit
Sell OKX live order book, 2 min ago2.36 bp9.1 bp −$925.8 bp −$258doesn'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
Aster NBISUSDT0.0000%8h233.17+0.028%$78K$310K50xas long as short
Extended NBIS-USD0.0000%1h233.06−0.019%$146K$648K10xas long as short
Binance NBISUSDT0.0000%8h233.06−0.021%$19.1M$85.1M25xas long as short
Bybit NBISUSDT0.0000%8h233.12+0.004%$5.0M$6.3M50xas long as short
OKX NBIS-USDT-SWAPshort0.0000%8h233.05−0.026%$3.4M$16.1M25x
Gate NBIS_USDT0.0000%8h233.13+0.009%$2.7M$5.1M50xas long as short
Bitget NBISUSDTlong0.0000%8h233.11long leg$2.3M$4.5M20x
Variational Omni NBIS0.0000%8h233.38+0.118%$2.9M$558Kas long as short
GRVT NBIS_USDT_Perp0.0000%8h233.38+0.116%$5K$120K10xas long as short
SunX NBIS-USDT0.0000%8h233.01−0.043%$1K$1.6M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX NBIS-USDT0.0000%8h233.51+0.172%$15K$60K20xas long as short
Phemex NBISUSDT0.0000%8h233.06−0.021%$1.6M$954K10xas long as short
BloFin NBIS-USDT+0.0007%8h232.95−0.069%$206K$205K20xas long as short
Nado NBIS-PERP+0.0020%1h232.92−0.084%$38K$115K3xas long as short
QFEX NBIS-USD+0.0034%1h233.15+0.017%$1.5M$4.0M10xas long as short
Arcus NBIS-USD+0.0040%1h232.94−0.073%$42K$132K5xas long as short
Vest NBIS-USD-PERP+0.0046%1h233.21+0.043%$216K5xas long as short
Kraken Futures PF_NBISUSD+0.0049%1h233.17+0.024%$23K$15K20xas long as short
tradeXYZ xyz:NBIS+0.0050%1h233.12+0.004%$54.3M$20.1M10xas long as short
Polymarket Perps NBIS-USD+0.0050%1h233.05−0.026%$147K$456K10xas long as short
SoDEX NBIS-USD+0.0050%1h232.96−0.064%$103$21K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h233.01−0.043%$160K$500K10xas long as short
KuCoin NBISUSDTM+0.0100%8h233.02−0.039%$480K$20K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h233.03−0.034%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h232.96−0.066%10xas long as short
Coinbase International NBIS-PERP-INTX+0.0104%1h232.88−0.099%$361K$767K10xas long as short
Deribit NBIS_USDC-PERPETUAL+0.0179%1h233.03−0.034%$35K$49K10xas long as short
Lighter NBIS+0.0224%1h233.12+0.004%$924K$4.0M10xas long as short
Phoenix NBIS+0.0239%1h232.87−0.103%$7K$150K10xas long as short
Entropy io:NBIS+0.0287%1h233.07−0.017%$10.1M$3.2M10xas long as short
edgeX NBISUSDC+0.0340%4h233.36+0.107%$37K$227K10xas long as short