Funding arb · Price arb /

NBIS

RWAall NBIS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.029%

Price spread now: Binance against Gate−0.009%7-day average −0.003% · you buy dearer than you sell

Net, funding: paid 7d − costs−$46as in the Funding arb table

Net, price: spread back to 7d avg − costs−$47as in the Price arb table

costs, in and out, $10k−$460.460% of the position

Long on Gate Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.004%$0 on $10k

Price spread, last 7 days+0.015%+$2 · spread now −0.009%, 7d avg −0.003%

Together, before fees+0.011%+$1 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate NBIS_USDT	230.92	0	get 0.0000% / 8h	1h 29m	$2.7M	$5.1M	50x
Short	Binance NBISUSDT	230.90	0	get 0.0000% / 8h	1h 29m	$18.5M	$87.4M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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

Position, each leg$Hold fordaysFee GatebpFee BinancebpOrdersPrice spread, now −0.009%Rate

Funding earned: $0
Price spread: −0.009% → −0.003%: −$0.56
Slippage, 4 orders: −$21.05
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Binance: 5 bp × 2 orders: −$10
Net: −$46.61
Costs to cover: 0.460%
Break-even: never at this rate

Slippage from Gate: live order book, 4 min ago; Binance: live order book, 14 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 4 min ago	2.17 bp	14.6 bp −$15	26.0 bp −$260	48.6 bp −$4,856	doesn't fit
Sell Binance live order book, 14 min ago	1.30 bp	7.4 bp −$7	23.3 bp −$233	79.9 bp −$7,994	doesn't fit

NBIS on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget NBISUSDT	−0.0593%	8h	230.94	+0.009%	$2.3M	$4.5M	20x	as long as short
BloFin NBIS-USDT	−0.0015%	8h	231.00	+0.035%	$204K	$205K	20x	as long as short
Aster NBISUSDT	0.0000%	8h	230.82	−0.044%	$84K	$311K	50x	as long as short
Extended NBIS-USD	0.0000%	1h	230.84	−0.033%	$149K	$635K	10x	as long as short
Binance NBISUSDTshort	0.0000%	8h	230.90	−0.009%	$18.5M	$87.4M	25x
Bybit NBISUSDT	0.0000%	8h	230.85	−0.030%	$4.9M	$6.6M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	230.85	−0.030%	$3.3M	$16.2M	25x	as long as short
Gate NBIS_USDTlong	0.0000%	8h	230.92	long leg	$2.7M	$5.1M	50x
Variational Omni NBIS	0.0000%	8h	230.57	−0.152%	$2.8M	$601K	—	as long as short
GRVT NBIS_USDT_Perp	0.0000%	8h	230.56	−0.156%	$5K	$116K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX NBIS-USDT	0.0000%	8h	230.50	−0.182%	$1K	$1.6M	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	230.74	−0.078%	$15K	$57K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	230.89	−0.013%	$1.6M	$963K	10x	as long as short
Arcus NBIS-USD	+0.0040%	1h	230.45	−0.204%	$42K	$132K	5x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	230.78	−0.061%	—	$221K	5x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	230.84	−0.035%	$137K	$473K	10x	as long as short
SoDEX NBIS-USD	+0.0050%	1h	230.85	−0.030%	$106	$20K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	230.38	−0.234%	$152K	$547K	10x	as long as short
QFEX NBIS-USD	+0.0056%	1h	230.95	+0.013%	$1.5M	$3.8M	10x	as long as short
Nado NBIS-PERP	+0.0077%	1h	230.41	−0.221%	$37K	$115K	3x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	230.82	−0.043%	$476K	$20K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	230.87	−0.022%	$2K	$3K	10x	as long as short
tradeXYZ xyz:NBIS	+0.0103%	1h	230.77	−0.065%	$54.3M	$21.0M	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	230.83	−0.038%	—	—	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0120%	1h	230.39	−0.230%	$351K	$812K	10x	as long as short
Lighter NBIS	+0.0248%	1h	230.95	+0.013%	$955K	$4.0M	10x	as long as short
Phoenix NBIS	+0.0311%	1h	230.30	−0.268%	$7K	$150K	10x	as long as short
Entropy io:NBIS	+0.0358%	1h	230.54	−0.165%	$10.0M	$3.1M	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0684%	1h	230.99	+0.030%	$23K	$15K	20x	as long as short
edgeX NBISUSDC	+0.0774%	4h	230.55	−0.161%	$37K	$227K	10x	as long as short
Deribit NBIS_USDC-PERPETUAL	+0.1223%	1h	231.12	+0.087%	$34K	$49K	10x	as long as short