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

NBIS

RWAall NBIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0253%/8h= −27.7% APRnext payment $0.32 per $10,000 · paid last 24h −0.124%
Price spread now: Vest against Entropy+0.047%7-day average +0.374% · 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 3 days (all we have)−0.126%−$13 on $10k
Price spread, last 4 days (all we have)+0.113%+$11 · spread now +0.047%, 7d avg +0.374%
Together, before fees−0.013%+ Points / potential airdropVest: Active · farm board−$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Vest is 0.327% cheaper against Entropy than usual: you would sell low and buy high (−$33 if the spread goes back to its 7-day average of +0.374%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongEntropy io:NBIS233.880.0299pay 0.0037% / 1h40m 35s$10.2M$3.2M10x
ShortVest NBIS-USD-PERP233.990.0046get 0.0006% / 1h40m 35s$216K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Entropy. 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
−$53.18
Price spread: +0.047% → +0.374%
−$32.69
Slippage, 4 orders
no order book: not counted
Fee Entropy: 9 bp × 2 orders
−$18
Fee Vest: 1 bp × 2 orders
−$2
Net
−$105.87
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Entropy: live order book, 6 min ago; 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 Entropy live order book, 6 min ago1.49 bp16.7 bp −$17doesn't fitdoesn't fitdoesn't fit
Sell Vest no order-book sample
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
BloFin NBIS-USDT−0.0010%8h233.67−0.090%$206K$205K20xas long as short
Aster NBISUSDT0.0000%8h233.93+0.020%$78K$310K50xas long as short
Extended NBIS-USD0.0000%1h233.63−0.105%$147K$699K10xas long as short
Binance NBISUSDT0.0000%8h233.72−0.069%$19.2M$84.6M25xas long as short
Bybit NBISUSDT0.0000%8h233.72−0.068%$5.0M$6.3M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h233.55−0.141%$3.4M$16.1M25xas long as short
Gate NBIS_USDT0.0000%8h233.73−0.064%$2.7M$5.0M50xas long as short
Bitget NBISUSDT0.0000%8h233.68−0.086%$2.4M$4.4M20xas long as short
Variational Omni NBIS0.0000%8h233.67−0.088%$2.9M$556Kas long as short
GRVT NBIS_USDT_Perp0.0000%8h234.45+0.243%$4K$120K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX NBIS-USDT0.0000%8h233.70−0.077%$848$1.7M10xas long as short
Deribit NBIS_USDC-PERPETUAL0.0000%1h233.59−0.124%$35K$49K10xas long as short
HTX NBIS-USDT0.0000%8h234.10+0.094%$15K$60K20xas long as short
Phemex NBISUSDT0.0000%8h233.74−0.060%$1.6M$954K10xas long as short
Nado NBIS-PERP+0.0028%1h233.62−0.113%$38K$115K3xas long as short
QFEX NBIS-USD+0.0034%1h233.81−0.030%$1.5M$4.0M10xas long as short
Arcus NBIS-USD+0.0040%1h233.87−0.004%$42K$132K5xas long as short
Vest NBIS-USD-PERPshort+0.0046%1h233.99+0.047%$216K5x
Kraken Futures PF_NBISUSD+0.0049%1h233.57−0.134%$23K$15K20xas long as short
tradeXYZ xyz:NBIS+0.0050%1h233.67−0.090%$54.5M$20.0M10xas long as short
Polymarket Perps NBIS-USD+0.0050%1h233.68−0.086%$147K$456K10xas long as short
SoDEX NBIS-USD+0.0050%1h233.73−0.064%$79$21K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h233.98+0.043%$160K$502K10xas long as short
KuCoin NBISUSDTM+0.0100%8h233.68−0.086%$481K$20K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h233.70−0.077%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h233.65−0.098%10xas long as short
Coinbase International NBIS-PERP-INTX+0.0104%1h235.56+0.718%$389K$724K10xas long as short
Lighter NBIS+0.0216%1h233.76−0.051%$912K$3.9M10xas long as short
Phoenix NBIS+0.0239%1h234.36+0.205%$7K$150K10xas long as short
Entropy io:NBISlong+0.0299%1h233.88long leg$10.2M$3.2M10x
edgeX NBISUSDC+0.0607%4h234.16+0.118%$38K$225K10xas long as short