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

NBIS

RWAall NBIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.22 per $10,000 · paid last 24h −0.004%
Price spread now: Aster against Bybit+0.104%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$800.801% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.047%−$5 on $10k
Price spread, last 4 days (all we have)−0.084%−$8 · spread now +0.104%, 7d avg −0.005%
Together, before fees−0.130%+ Points / potential airdropAster: Stage 5 · farm board−$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Aster is 0.109% dearer against Bybit than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit NBISUSDT233.250get 0.0000% / 8h1h 44m$5.1M$6.5M50x
ShortAster NBISUSDT233.490.0022get 0.0022% / 8h1h 44m$79K$304K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bybit. 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
$4.59
Price spread: +0.104% → −0.005%
$10.88
Slippage, 4 orders
−$61.14
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Aster: 4 bp × 2 orders
−$8
Net
−$64.66
Costs to cover
0.801%
Break-even
105.6 days
Slippage from Bybit: live order book, 3 min ago; Aster: live order book, 37 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 Bybit live order book, 3 min ago1.07 bp18.5 bp −$1973.8 bp −$738doesn't fitdoesn't fit
Sell Aster live order book, 37 min ago3.86 bp10.1 bp −$101528.4 bp −$15.3Kdoesn'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
Bybit NBISUSDTlong0.0000%8h233.25long leg$5.1M$6.5M50x
OKX NBIS-USDT-SWAP0.0000%8h233.28+0.013%$3.4M$17.0M25xas long as short
Gate NBIS_USDT0.0000%8h233.29+0.017%$2.8M$5.3M50xas long as short
Bitget NBISUSDT0.0000%8h233.26+0.004%$2.5M$4.7M20xas long as short
Variational Omni NBIS0.0000%8h233.20−0.020%$2.8M$825Kas long as short
SunX NBIS-USDT0.0000%8h233.34+0.039%$1K$1.8M10xas long as short
Deribit NBIS_USDC-PERPETUAL0.0000%1h233.23−0.009%$35K$47K10xas long as short
HTX NBIS-USDT0.0000%8h233.16−0.039%$15K$115K20xas long as short
Phemex NBISUSDT0.0000%8h233.37+0.051%$1.6M$967K10xas long as short
BloFin NBIS-USDT+0.0014%8h233.38+0.056%$205K$213K20xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance NBISUSDT+0.0020%8h233.34+0.039%$19.4M$86.9M25xas long as short
Aster NBISUSDTshort+0.0022%8h233.49+0.104%$79K$304K50x
Extended NBIS-USD+0.0024%1h233.31+0.024%$141K$697K10xas long as short
GRVT NBIS_USDT_Perp+0.0038%8h233.26+0.004%$5K$145K10xas long as short
QFEX NBIS-USD+0.0038%1h233.32+0.030%$1.5M$5.1M10xas long as short
Arcus NBIS-USD+0.0040%1h233.29+0.017%$44K$133K5xas long as short
Vest NBIS-USD-PERP+0.0046%1h233.45+0.086%$234K5xas long as short
Polymarket Perps NBIS-USD+0.0050%1h233.36+0.047%$136K$645K10xas long as short
SoDEX NBIS-USD+0.0050%1h233.29+0.017%$28$20K10xas long as short
Ondo Perps NBIS-USD.P+0.0056%1h233.20−0.021%$173K$498K10xas long as short
Coinbase International NBIS-PERP-INTX+0.0072%1h232.99−0.111%$356K$702K10xas long as short
KuCoin NBISUSDTM+0.0100%8h233.10−0.064%$480K$25K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h233.35+0.043%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h233.36+0.046%10xas long as short
Nado NBIS-PERP+0.0244%1h233.24−0.003%$28K$63K3xas long as short
tradeXYZ xyz:NBIS+0.0256%1h233.31+0.026%$54.4M$23.5M10xas long as short
Entropy io:NBIS+0.0261%1h233.250.000%$10.2M$3.3M10xas long as short
Lighter NBIS+0.0264%1h233.40+0.064%$934K$4.6M10xas long as short
Phoenix NBIS+0.0343%1h233.45+0.086%$7K$185K10xas long as short
Kraken Futures PF_NBISUSD+0.0347%1h233.20−0.023%$24K$13K20xas long as short
edgeX NBISUSDC+0.0743%4h233.22−0.012%$37K$235K10xas long as short