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−0.0655%/8h= −71.8% APRnext payment $0.82 per $10,000 · paid last 24h −0.019%
Price spread now: Vest against Deribit−0.112%48s7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVest: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and Vest is 0.112% cheaper against Deribit than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit NBIS_USDC-PERPETUAL231.560.0701pay 0.0088% / 1h33m 35s$34K$49K10x
ShortVest NBIS-USD-PERP231.300.0046get 0.0006% / 1h33m 35s$222K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
−$137.61
Price spread: −0.112% → 0.000%
−$11.23
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Vest: 1 bp × 2 orders
−$2
Net
−$157.84
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: Deribit: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy Deribit no order-book sample
Sell Vest no order-book sample
Deribit and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget NBISUSDT−0.0432%8h231.43−0.056%$2.3M$4.6M20xas long as short
Aster NBISUSDT0.0000%8h231.32−0.102%$84K$311K50xas long as short
Extended NBIS-USD0.0000%1h231.29−0.115%$148K$876K10xas long as short
Binance NBISUSDT0.0000%8h231.36−0.086%$18.7M$87.8M25xas long as short
Bybit NBISUSDT0.0000%8h231.48−0.035%$4.9M$6.8M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h231.34−0.095%$3.3M$16.1M25xas long as short
Gate NBIS_USDT0.0000%8h231.44−0.052%$2.7M$5.2M50xas long as short
Variational Omni NBIS0.0000%8h231.17−0.168%$2.8M$594Kas long as short
GRVT NBIS_USDT_Perp0.0000%8h231.32−0.104%$4K$116K10xas long as short
SunX NBIS-USDT0.0000%8h231.36−0.086%$1K$1.6M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX NBIS-USDT0.0000%8h231.29−0.117%$15K$57K20xas long as short
Phemex NBISUSDT0.0000%8h231.47−0.039%$1.6M$970K10xas long as short
BloFin NBIS-USDT+0.0028%8h231.35−0.091%$203K$209K20xas long as short
Arcus NBIS-USD+0.0040%1h231.16−0.173%$42K$131K5xas long as short
QFEX NBIS-USD+0.0041%1h231.49−0.030%$1.5M$3.8M10xas long as short
Vest NBIS-USD-PERPshort+0.0046%1h231.30−0.112%$222K5x
Polymarket Perps NBIS-USD+0.0050%1h231.36−0.086%$137K$473K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h231.06−0.216%$150K$543K10xas long as short
Coinbase International NBIS-PERP-INTX+0.0056%1h230.39−0.505%$353K$810K10xas long as short
KuCoin NBISUSDTM+0.0100%8h231.23−0.143%$477K$20K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h231.43−0.056%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h231.42−0.059%10xas long as short
SoDEX NBIS-USD+0.0109%1h231.37−0.082%$102$20K10xas long as short
tradeXYZ xyz:NBIS+0.0151%1h231.34−0.095%$54.4M$21.1M10xas long as short
Nado NBIS-PERP+0.0173%1h231.14−0.180%$38K$116K3xas long as short
Phoenix NBIS+0.0312%1h231.13−0.186%$7K$125K10xas long as short
edgeX NBISUSDC+0.0332%4h231.30−0.114%$37K$227K10xas long as short
Lighter NBIS+0.0352%1h231.40−0.069%$933K$4.0M10xas long as short
Entropy io:NBIS+0.0440%1h231.28−0.121%$10.1M$3.1M10xas long as short
Kraken Futures PF_NBISUSD+0.0540%1h231.41−0.065%$23K$15K20xas long as short
Deribit NBIS_USDC-PERPETUALlong+0.0701%1h231.56long leg$34K$49K10x