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+0.0269%/8h= +29.4% APRpaid last 24h −0.040%
Price spread now: Arcus against Gate−0.009%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$530.528% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.136%+$14 on $10k
Price spread, last 4 days (all we have)−0.040%−$4 · spread now −0.009%, 7d avg −0.040%
Together, before fees+0.096%+$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Arcus is 0.031% dearer against Gate than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.040%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate NBIS_USDT234.360get 0.0000% / 8h44m 27s$2.8M$5.3M50x
ShortArcus NBIS-USD234.340.0269get 0.0034% / 1h44m 27s$44K$134K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus against Gate. 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
$56.46
Price spread: −0.009% → −0.040%
$3.11
Slippage, 4 orders
−$33.3
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
$6.78
Costs to cover
0.528%
Break-even
6.2 days
Slippage from Gate: live order book, 4 min ago; Arcus: live order book, 33 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 Gate live order book, 4 min ago3.20 bp20.4 bp −$2036.3 bp −$36362.1 bp −$6,208doesn't fit
Sell Arcus live order book, 33 min ago4.06 bp8.4 bp −$812.3 bp −$123doesn'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
Bybit NBISUSDT0.0000%8h234.42+0.026%$5.2M$6.5M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h234.39+0.013%$3.4M$17.0M25xas long as short
Gate NBIS_USDTlong0.0000%8h234.36long leg$2.8M$5.3M50x
Bitget NBISUSDT0.0000%8h234.32−0.017%$2.5M$4.8M20xas long as short
SunX NBIS-USDT0.0000%8h234.34−0.009%$874$1.8M10xas long as short
Deribit NBIS_USDC-PERPETUAL0.0000%1h234.29−0.030%$35K$48K10xas long as short
Coinbase International NBIS-PERP-INTX0.0000%1h233.76−0.256%$358K$699K10xas long as short
HTX NBIS-USDT0.0000%8h234.37+0.004%$15K$115K20xas long as short
Phemex NBISUSDT0.0000%8h234.39+0.013%$1.6M$967K10xas long as short
Vest NBIS-USD-PERP+0.0046%1h234.53+0.073%$234K5xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps NBIS-USD+0.0050%1h234.40+0.017%$147K$706K10xas long as short
SoDEX NBIS-USD+0.0050%1h234.37+0.004%$33$20K10xas long as short
QFEX NBIS-USD+0.0051%1h234.32−0.017%$1.5M$5.1M10xas long as short
KuCoin NBISUSDTM+0.0100%8h234.23−0.055%$483K$25K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h234.42+0.026%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h234.43+0.031%10xas long as short
Variational Omni NBIS+0.0202%8h234.45+0.039%$2.9M$821Kas long as short
Nado NBIS-PERP+0.0222%1h234.30−0.027%$28K$63K3xas long as short
Aster NBISUSDT+0.0227%8h234.32−0.017%$79K$306K50xas long as short
BloFin NBIS-USDT+0.0234%8h234.48+0.051%$206K$214K20xas long as short
Extended NBIS-USD+0.0240%1h234.32−0.018%$142K$697K10xas long as short
Binance NBISUSDT+0.0240%8h234.40+0.016%$19.4M$86.3M25xas long as short
Kraken Futures PF_NBISUSD+0.0249%1h234.20−0.067%$24K$13K20xas long as short
GRVT NBIS_USDT_Perp+0.0261%8h234.41+0.021%$5K$139K10xas long as short
Arcus NBIS-USDshort+0.0269%1h234.34−0.009%$44K$134K5x
tradeXYZ xyz:NBIS+0.0290%1h234.43+0.030%$54.7M$23.3M10xas long as short
edgeX NBISUSDC+0.0320%4h234.32−0.018%$38K$235K10xas long as short
Ondo Perps NBIS-USD.P+0.0332%1h234.33−0.013%$174K$498K10xas long as short
Lighter NBIS+0.0360%1h234.50+0.060%$931K$4.6M10xas long as short
Phoenix NBIS+0.0376%1h234.42+0.026%$7K$163K10xas long as short
Entropy io:NBIS+0.0501%1h234.40+0.017%$10.2M$3.3M10xas long as short