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

NBIS

RWAall NBIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0219%/8h= +23.9% APRpaid last 24h +0.049%
Price spread now: Kraken Futures against BloFin−0.023%57s7-day average · you buy dearer than you sell
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Kraken Futures is 0.023% cheaper against BloFin than usual: you would sell low and buy high (spread −0.023% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 8 hours of funding at the current rate (+$7 a day). The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin NBIS-USDT232.300.0003pay 0.0003% / 8h2h 07m$202K$206K20x
ShortKraken Futures PF_NBISUSD232.250.0222get 0.0028% / 1h7m 53s$23K$15K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against BloFin. 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
$45.92
Price spread: −0.023% → 0.000%
−$2.31
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$21.6
Costs to cover
0.220%
Break-even
3.7 days
Slippage unknown: BloFin: live order book, 8 min ago; Kraken Futures: 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 BloFin live order book, 8 min ago0.86 bp9.8 bp −$1021.8 bp −$218doesn't fitdoesn't fit
Sell Kraken Futures no order-book sample
Kraken Futures: 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
Bitget NBISUSDT−0.0456%8h232.29−0.004%$2.3M$4.6M20xas long as short
Aster NBISUSDT0.0000%8h232.10−0.088%$85K$311K50xas long as short
Extended NBIS-USD0.0000%1h232.21−0.037%$146K$753K10xas long as short
Binance NBISUSDT0.0000%8h232.29−0.006%$18.6M$87.0M25xas long as short
Bybit NBISUSDT0.0000%8h232.27−0.013%$4.9M$6.5M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h232.21−0.039%$3.3M$16.2M25xas long as short
Gate NBIS_USDT0.0000%8h232.28−0.009%$2.7M$5.1M50xas long as short
Variational Omni NBIS0.0000%8h232.26−0.015%$2.8M$602Kas long as short
GRVT NBIS_USDT_Perp0.0000%8h232.32+0.009%$5K$117K10xas long as short
SunX NBIS-USDT0.0000%8h232.23−0.030%$1K$1.6M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX NBIS-USDT0.0000%8h232.24−0.026%$15K$61K20xas long as short
Phemex NBISUSDT0.0000%8h232.24−0.026%$1.6M$957K10xas long as short
BloFin NBIS-USDTlong+0.0003%8h232.30long leg$202K$206K20x
QFEX NBIS-USD+0.0029%1h232.20−0.043%$1.5M$3.9M10xas long as short
Nado NBIS-PERP+0.0039%1h232.02−0.122%$38K$115K3xas long as short
Arcus NBIS-USD+0.0040%1h231.98−0.138%$42K$132K5xas long as short
edgeX NBISUSDC+0.0045%4h232.19−0.047%$37K$226K10xas long as short
Vest NBIS-USD-PERP+0.0046%1h232.27−0.013%$220K5xas long as short
Polymarket Perps NBIS-USD+0.0050%1h232.15−0.065%$138K$473K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h232.09−0.090%$152K$548K10xas long as short
KuCoin NBISUSDTM+0.0100%8h232.05−0.108%$478K$20K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h232.24−0.026%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h232.20−0.042%10xas long as short
tradeXYZ xyz:NBIS+0.0111%1h232.22−0.034%$54.6M$21.1M10xas long as short
SoDEX NBIS-USD+0.0156%1h232.24−0.026%$88$20K10xas long as short
Coinbase International NBIS-PERP-INTX+0.0168%1h231.92−0.164%$351K$815K10xas long as short
Kraken Futures PF_NBISUSDshort+0.0222%1h232.25−0.023%$23K$15K20x
Phoenix NBIS+0.0242%1h232.31+0.004%$7K$150K10xas long as short
Lighter NBIS+0.0248%1h232.21−0.039%$939K$4.0M10xas long as short
Entropy io:NBIS+0.0384%1h231.96−0.146%$10.1M$3.2M10xas long as short
Deribit NBIS_USDC-PERPETUAL+0.0440%1h232.16−0.060%$34K$49K10xas long as short