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−0.0071%/8h= −7.8% APRpaid last 24h −0.132%
Price spread now: KuCoin against edgeX−0.034%7-day average −0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$253as in the Funding arb table
Net, price: spread back to 7d avg − costs−$181as in the Price arb table
costs, in and out, $10k−$1841.835% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.697%−$70 on $10k
Price spread, last 4 days (all we have)−0.139%−$14 · spread now −0.034%, 7d avg −0.058%
Together, before fees−0.836%+ Points / potential airdropedgeX: Active · farm board−$84 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.023% dearer against edgeX than usual: you sell high and buy low (spread −0.034% now, against its 7-day average of −0.058%): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 26 hours. At the pace of the last 7 days (−0.697% in total) that is about 6 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX NBISUSDC233.690.0171pay 0.0085% / 4h3h 39m$38K$226K10x
ShortKuCoin NBISUSDTM233.610.0100get 0.0100% / 8h3h 39m$481K$20K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against edgeX. 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
−$14.87
Price spread: −0.034% → −0.058%
$2.34
Slippage, 4 orders
−$162.5
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$196.03
Costs to cover
1.835%
Break-even
never at this rate
Slippage from edgeX: live order book, 13 min ago; KuCoin: live order book, 34 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 edgeX live order book, 13 min ago5.98 bp16.8 bp −$17doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 34 min ago18.93 bp72.6 bp −$73doesn't fitdoesn'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
BloFin NBIS-USDT−0.0010%8h233.67−0.009%$206K$205K20xas long as short
Aster NBISUSDT0.0000%8h233.92+0.098%$78K$310K50xas long as short
Extended NBIS-USD0.0000%1h233.60−0.039%$147K$699K10xas long as short
Binance NBISUSDT0.0000%8h233.63−0.026%$19.2M$84.6M25xas long as short
Bybit NBISUSDT0.0000%8h233.690.000%$5.0M$6.3M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h233.56−0.056%$3.4M$16.1M25xas long as short
Gate NBIS_USDT0.0000%8h233.67−0.009%$2.7M$5.0M50xas long as short
Bitget NBISUSDT0.0000%8h233.64−0.021%$2.4M$4.4M20xas long as short
Variational Omni NBIS0.0000%8h233.67−0.007%$2.9M$556Kas long as short
GRVT NBIS_USDT_Perp0.0000%8h233.70+0.004%$4K$119K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX NBIS-USDT0.0000%8h233.70+0.004%$848$1.7M10xas long as short
Deribit NBIS_USDC-PERPETUAL0.0000%1h233.62−0.030%$35K$49K10xas long as short
HTX NBIS-USDT0.0000%8h234.10+0.175%$15K$60K20xas long as short
Phemex NBISUSDT0.0000%8h233.76+0.030%$1.6M$954K10xas long as short
Nado NBIS-PERP+0.0022%1h233.58−0.049%$38K$115K3xas long as short
QFEX NBIS-USD+0.0034%1h233.56−0.056%$1.5M$4.0M10xas long as short
Arcus NBIS-USD+0.0040%1h233.76+0.030%$42K$132K5xas long as short
Vest NBIS-USD-PERP+0.0046%1h233.80+0.047%$216K5xas long as short
Kraken Futures PF_NBISUSD+0.0049%1h233.53−0.069%$23K$15K20xas long as short
tradeXYZ xyz:NBIS+0.0050%1h233.54−0.064%$54.5M$20.0M10xas long as short
Polymarket Perps NBIS-USD+0.0050%1h233.54−0.064%$147K$456K10xas long as short
SoDEX NBIS-USD+0.0050%1h233.70+0.004%$79$21K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h233.98+0.124%$160K$502K10xas long as short
KuCoin NBISUSDTMshort+0.0100%8h233.61−0.034%$481K$20K20x
Orderly PERP_NBIS_USDC_mythos+0.0100%8h233.63−0.026%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h233.59−0.044%10xas long as short
Coinbase International NBIS-PERP-INTX+0.0104%1h235.56+0.800%$389K$724K10xas long as short
edgeX NBISUSDClong+0.0171%4h233.69long leg$38K$226K10x
Lighter NBIS+0.0216%1h233.71+0.009%$912K$3.9M10xas long as short
Phoenix NBIS+0.0239%1h233.81+0.051%$7K$150K10xas long as short
Entropy io:NBIS+0.0291%1h233.81+0.051%$10.2M$3.2M10xas long as short