Funding arb · Price arb /

NBIS

RWAall NBIS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0054%/8h= +5.9% APRpaid last 24h −0.014%

Price spread now: Vest against BloFin+0.060%105s7-day average +0.439% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on BloFin Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.048%−$5 on $10k

Price spread, last 4 days (all we have)−0.025%−$2 · spread now +0.060%, 7d avg +0.439%

Together, before fees−0.072%+ Points / potential airdropVest: Active · farm board−$7 on $10k · with fees, hour by hour

Funding pays, the price is against you. Vest is 0.379% cheaper against BloFin than usual: you would sell low and buy high (spread +0.060% now, against its 7-day average of +0.439%). If the spread goes back, that is −$38 on $10k: about 23 days of funding at the current rate (+$2 a day). The two prices were read 105 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin NBIS-USDT	232.16	−0.0008	get 0.0008% / 8h	2h 09m	$204K	$206K	20x
Short	Vest NBIS-USD-PERP	232.30	0.0046	get 0.0006% / 1h	9m 27s	—	$220K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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

Position, each leg$Hold fordaysFee BloFinbpFee VestbpOrdersPrice spread, now +0.060%Rate

Funding earned: $11.36
Price spread: +0.060% → +0.439%: −$37.86
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Vest: 1 bp × 2 orders: −$2
Net: −$40.49
Costs to cover: 0.140%
Break-even: 31.9 days

Slippage unknown: BloFin: live order book, 6 min ago; Vest: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BloFin live order book, 6 min ago	0.86 bp	9.8 bp −$10	21.8 bp −$218	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget NBISUSDT	−0.0469%	8h	232.18	+0.009%	$2.3M	$4.6M	20x	as long as short
BloFin NBIS-USDTlong	−0.0008%	8h	232.16	long leg	$204K	$206K	20x
Aster NBISUSDT	0.0000%	8h	232.16	−0.001%	$85K	$311K	50x	as long as short
Extended NBIS-USD	0.0000%	1h	232.14	−0.007%	$146K	$753K	10x	as long as short
Binance NBISUSDT	0.0000%	8h	232.25	+0.039%	$18.6M	$87.0M	25x	as long as short
Bybit NBISUSDT	0.0000%	8h	232.26	+0.043%	$4.9M	$6.5M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	232.23	+0.030%	$3.3M	$16.2M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	232.28	+0.052%	$2.7M	$5.1M	50x	as long as short
Variational Omni NBIS	0.0000%	8h	232.26	+0.045%	$2.8M	$602K	—	as long as short
GRVT NBIS_USDT_Perp	0.0000%	8h	232.32	+0.069%	$5K	$117K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX NBIS-USDT	0.0000%	8h	232.42	+0.112%	$1K	$1.6M	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	232.24	+0.034%	$15K	$61K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	232.46	+0.129%	$1.6M	$957K	10x	as long as short
QFEX NBIS-USD	+0.0029%	1h	232.35	+0.082%	$1.5M	$3.9M	10x	as long as short
Nado NBIS-PERP	+0.0038%	1h	232.25	+0.038%	$38K	$115K	3x	as long as short
Arcus NBIS-USD	+0.0040%	1h	231.92	−0.103%	$42K	$132K	5x	as long as short
edgeX NBISUSDC	+0.0045%	4h	232.19	+0.013%	$37K	$226K	10x	as long as short
Vest NBIS-USD-PERPshort	+0.0046%	1h	232.30	+0.060%	—	$220K	5x
Polymarket Perps NBIS-USD	+0.0050%	1h	232.22	+0.026%	$138K	$473K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	232.09	−0.030%	$152K	$548K	10x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	232.17	+0.004%	$479K	$20K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	232.19	+0.013%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	232.14	−0.010%	—	—	10x	as long as short
tradeXYZ xyz:NBIS	+0.0111%	1h	232.22	+0.026%	$54.6M	$21.1M	10x	as long as short
SoDEX NBIS-USD	+0.0139%	1h	232.28	+0.052%	$102	$20K	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0168%	1h	231.92	−0.103%	$351K	$815K	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0222%	1h	232.24	+0.036%	$23K	$15K	20x	as long as short
Phoenix NBIS	+0.0242%	1h	232.31	+0.065%	$7K	$150K	10x	as long as short
Lighter NBIS	+0.0248%	1h	232.42	+0.112%	$940K	$4.0M	10x	as long as short
Deribit NBIS_USDC-PERPETUAL	+0.0267%	1h	232.24	+0.034%	$34K	$49K	10x	as long as short
Entropy io:NBIS	+0.0383%	1h	231.99	−0.073%	$10.1M	$3.2M	10x	as long as short