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−0.0009%/8h= −1.0% APRnext payment $0.09 per $10,000 · paid last 24h −0.026%
Price spread now: OKX against BloFin+0.108%63s7-day average −0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$370.366% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.042%−$4 on $10k
Price spread, last 4 days (all we have)−0.033%−$3 · spread now +0.108%, 7d avg −0.025%
Together, before fees−0.075%−$8 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 0.132% dearer against BloFin than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.025%. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin NBIS-USDT232.150.0009pay 0.0009% / 8h3h 04m$205K$205K20x
ShortOKX NBIS-USDT-SWAP232.400get 0.0000% / 8h3h 04m$3.4M$16.1M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
−$1.91
Price spread: +0.108% → −0.025%
$13.24
Slippage, 4 orders
−$14.58
Fee BloFin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$25.25
Costs to cover
0.366%
Break-even
never at this rate
Slippage from BloFin: live order book, 17 min ago; OKX: live order book, 4 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 BloFin live order book, 17 min ago0.21 bp10.1 bp −$1013.8 bp −$138doesn't fitdoesn't fit
Sell OKX live order book, 4 min ago0.65 bp8.5 bp −$818.5 bp −$185doesn'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%8h232.62+0.200%$78K$310K50xas long as short
Extended NBIS-USD0.0000%1h232.50+0.151%$145K$629K10xas long as short
Binance NBISUSDT0.0000%8h232.50+0.151%$18.9M$85.6M25xas long as short
Bybit NBISUSDT0.0000%8h232.51+0.155%$5.0M$6.4M50xas long as short
OKX NBIS-USDT-SWAPshort0.0000%8h232.40+0.108%$3.4M$16.1M25x
Gate NBIS_USDT0.0000%8h232.62+0.202%$2.7M$5.1M50xas long as short
Bitget NBISUSDT0.0000%8h232.57+0.181%$2.4M$4.5M20xas long as short
Variational Omni NBIS0.0000%8h232.62+0.204%$2.9M$552Kas long as short
GRVT NBIS_USDT_Perp0.0000%8h232.14−0.006%$5K$118K10xas long as short
SunX NBIS-USDT0.0000%8h232.34+0.082%$985$1.6M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX NBIS-USDT0.0000%8h232.34+0.082%$15K$60K20xas long as short
Phemex NBISUSDT0.0000%8h232.55+0.172%$1.6M$956K10xas long as short
Nado NBIS-PERP+0.0007%1h232.34+0.081%$38K$115K3xas long as short
BloFin NBIS-USDTlong+0.0009%8h232.15long leg$205K$205K20x
QFEX NBIS-USD+0.0034%1h232.47+0.138%$1.5M$4.0M10xas long as short
Arcus NBIS-USD+0.0040%1h232.19+0.017%$42K$132K5xas long as short
Vest NBIS-USD-PERP+0.0046%1h232.49+0.146%$217K5xas long as short
Kraken Futures PF_NBISUSD+0.0049%1h232.46+0.132%$23K$15K20xas long as short
tradeXYZ xyz:NBIS+0.0050%1h232.49+0.146%$54.2M$20.2M10xas long as short
Polymarket Perps NBIS-USD+0.0050%1h232.43+0.121%$143K$459K10xas long as short
SoDEX NBIS-USD+0.0050%1h232.43+0.121%$102$21K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h232.20+0.022%$160K$508K10xas long as short
KuCoin NBISUSDTM+0.0100%8h232.46+0.134%$479K$20K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h232.50+0.151%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h232.39+0.103%10xas long as short
Coinbase International NBIS-PERP-INTX+0.0104%1h232.30+0.065%$361K$771K10xas long as short
Lighter NBIS+0.0192%1h232.51+0.155%$919K$4.0M10xas long as short
Deribit NBIS_USDC-PERPETUAL+0.0223%1h232.43+0.121%$34K$49K10xas long as short
Phoenix NBIS+0.0239%1h232.36+0.090%$7K$150K10xas long as short
Entropy io:NBIS+0.0293%1h232.30+0.065%$10.1M$3.2M10xas long as short
edgeX NBISUSDC+0.0317%4h231.93−0.094%$37K$226K10xas long as short