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

NBIS

RWAall NBIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0218%/8h= +23.9% APRpaid last 24h +0.020%
Price spread now: Aster against Deribit+0.048%7-day average · you sell dearer than you buy
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 fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Aster is 0.048% dearer against Deribit than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit NBIS_USDC-PERPETUAL235.690get 0.0000% / 1h50m 24s$35K$48K10x
ShortAster NBISUSDT235.800.0218get 0.0218% / 8h7h 50m$82K$308K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Deribit. 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
$45.82
Price spread: +0.048% → 0.000%
$4.75
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Aster: 4 bp × 2 orders
−$8
Net
$35.57
Costs to cover
0.150%
Break-even
1.6 days
Slippage unknown: Deribit: no order-book sample; Aster: live order book, 22 min ago. 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 Deribit no order-book sample
Sell Aster live order book, 22 min ago10.44 bp19.5 bp −$201496.2 bp −$15.0Kdoesn't fitdoesn't fit
Deribit: 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%1h235.61−0.035%$24K$15K20xas long as short
OKX NBIS-USDT-SWAP0.0000%8h235.84+0.064%$3.4M$17.1M25xas long as short
Gate NBIS_USDT0.0000%8h235.81+0.051%$2.8M$5.1M50xas long as short
Bitget NBISUSDT0.0000%8h235.86+0.072%$2.5M$4.7M20xas long as short
SunX NBIS-USDT0.0000%8h236.08+0.165%$1K$1.7M10xas long as short
Deribit NBIS_USDC-PERPETUALlong0.0000%1h235.69long leg$35K$48K10x
HTX NBIS-USDT0.0000%8h235.83+0.059%$15K$113K20xas long as short
Phemex NBISUSDT0.0000%8h235.93+0.102%$1.6M$973K10xas long as short
Coinbase International NBIS-PERP-INTX+0.0016%1h235.49−0.085%$361K$683K10xas long as short
QFEX NBIS-USD+0.0038%1h235.80+0.047%$1.5M$5.1M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest NBIS-USD-PERP+0.0046%1h236.07+0.161%$234K5xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h235.58−0.047%$175K$507K10xas long as short
KuCoin NBISUSDTM+0.0100%8h235.67−0.008%$486K$25K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h235.91+0.093%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h235.55−0.060%10xas long as short
Bybit NBISUSDT+0.0145%8h235.93+0.102%$5.2M$6.5M50xas long as short
Nado NBIS-PERP+0.0171%1h235.68−0.004%$29K$63K3xas long as short
Variational Omni NBIS+0.0198%8h236.05+0.154%$2.9M$817Kas long as short
Aster NBISUSDTshort+0.0218%8h235.80+0.048%$82K$308K50x
BloFin NBIS-USDT+0.0227%8h236.08+0.165%$206K$213K20xas long as short
Binance NBISUSDT+0.0236%8h235.91+0.094%$19.5M$86.1M25xas long as short
Extended NBIS-USD+0.0240%1h235.85+0.066%$137K$744K10xas long as short
Lighter NBIS+0.0352%1h235.80+0.047%$928K$4.4M10xas long as short
GRVT NBIS_USDT_Perp+0.0352%8h235.50−0.081%$5K$137K10xas long as short
Arcus NBIS-USD+0.0366%1h235.57−0.051%$44K$134K5xas long as short
Phoenix NBIS+0.0409%1h235.65−0.017%$7K$163K10xas long as short
edgeX NBISUSDC+0.0480%4h235.50−0.080%$38K$228K10xas long as short
SoDEX NBIS-USD+0.0613%1h235.91+0.093%$14$20K10xas long as short
Entropy io:NBIS+0.0802%1h235.54−0.064%$10.3M$3.4M10xas long as short
Polymarket Perps NBIS-USD+0.1072%1h235.88+0.081%$140K$430K10xas long as short
tradeXYZ xyz:NBIS+0.1191%1h235.91+0.093%$55.2M$23.6M10xas long as short