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+0.0166%/8h= +18.2% APRnext payment +$0.21 per $10,000 · paid last 24h −0.024%
Price spread now: Nado against Coinbase International−0.244%7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · farm boardneeds both histories
Funding pays, the price is against you. Nado is 0.244% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.244% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$24 on $10k: about 4.9 days of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International NBIS-PERP-INTX236.050.0016pay 0.0002% / 1h22m 38s$386K$739K10x
ShortNado NBIS-PERP235.470.0182get 0.0023% / 1h22m 38s$31K$66K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Coinbase International. 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
$34.84
Price spread: −0.244% → 0.000%
−$24.44
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$6.61
Costs to cover
0.170%
Break-even
8.3 days
Slippage unknown: Coinbase International: live order book, 51 min ago; Nado: 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 Coinbase International live order book, 51 min ago3.20 bp9.4 bp −$920.7 bp −$207doesn't fitdoesn't fit
Sell Nado no order-book sample
Nado: 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
Kraken Futures PF_NBISUSD−0.0178%1h235.58−0.198%$24K$15K20xas long as short
OKX NBIS-USDT-SWAP0.0000%8h235.61−0.186%$3.4M$16.8M25xas long as short
Gate NBIS_USDT0.0000%8h235.74−0.131%$2.8M$5.1M50xas long as short
SunX NBIS-USDT0.0000%8h235.91−0.059%$1K$1.7M10xas long as short
Deribit NBIS_USDC-PERPETUAL0.0000%1h235.57−0.203%$35K$48K10xas long as short
HTX NBIS-USDT0.0000%8h235.58−0.199%$15K$112K20xas long as short
Phemex NBISUSDT0.0000%8h235.70−0.148%$1.6M$973K10xas long as short
Coinbase International NBIS-PERP-INTXlong+0.0016%1h236.05long leg$386K$739K10x
QFEX NBIS-USD+0.0038%1h235.69−0.153%$1.5M$4.9M10xas long as short
Vest NBIS-USD-PERP+0.0046%1h235.98−0.030%$224K5xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit NBISUSDT+0.0049%8h235.72−0.140%$5.1M$6.5M50xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h236.13+0.034%$176K$505K10xas long as short
KuCoin NBISUSDTM+0.0100%8h235.51−0.229%$486K$23K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h235.58−0.199%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h235.60−0.190%10xas long as short
Bitget NBISUSDT+0.0108%8h235.78−0.114%$2.5M$4.6M20xas long as short
SoDEX NBIS-USD+0.0131%1h235.67−0.161%$52$20K10xas long as short
Nado NBIS-PERPshort+0.0182%1h235.47−0.244%$31K$66K3x
edgeX NBISUSDC+0.0184%4h235.95−0.044%$38K$228K10xas long as short
Variational Omni NBIS+0.0240%8h236.09+0.017%$2.9M$820Kas long as short
Aster NBISUSDT+0.0247%8h235.87−0.077%$82K$308K50xas long as short
BloFin NBIS-USDT+0.0255%8h235.72−0.140%$207K$211K20xas long as short
Binance NBISUSDT+0.0269%8h235.66−0.165%$19.6M$85.6M25xas long as short
Extended NBIS-USD+0.0272%1h235.73−0.135%$151K$801K10xas long as short
Polymarket Perps NBIS-USD+0.0311%1h235.66−0.165%$134K$444K10xas long as short
Lighter NBIS+0.0328%1h235.85−0.085%$926K$4.5M10xas long as short
Arcus NBIS-USD+0.0366%1h235.70−0.148%$44K$132K5xas long as short
tradeXYZ xyz:NBIS+0.0403%1h235.61−0.186%$55.1M$23.7M10xas long as short
Phoenix NBIS+0.0409%1h235.89−0.068%$7K$163K10xas long as short
GRVT NBIS_USDT_Perp+0.0446%8h236.00−0.021%$5K$132K10xas long as short
Entropy io:NBIS+0.0868%1h235.71−0.144%$10.3M$3.4M10xas long as short