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+0.0506%/8h= +55.4% APRpaid last 24h +0.066%
Price spread now: Entropy against Gate0.000%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$700.701% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.510%+$51 on $10k
Price spread, last 7 days+0.030%+$3 · spread now 0.000%, 7d avg +0.008%
Together, before fees+0.540%+$54 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.008%, so right now this pair is about funding alone: +$15 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate NBIS_USDT234.390get 0.0000% / 8h42m 09s$2.8M$5.3M50x
ShortEntropy io:NBIS234.390.0506get 0.0063% / 1h42m 09s$10.2M$3.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Entropy 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
$106.19
Price spread: 0.000% → +0.008%
−$0.84
Slippage, 4 orders
−$37.13
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Entropy: 9 bp × 2 orders
−$18
Net
$35.22
Costs to cover
0.701%
Break-even
4.7 days
Slippage from Gate: live order book, 1 min ago; Entropy: live order book, 5 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, 1 min ago2.77 bp21.1 bp −$2131.9 bp −$31958.6 bp −$5,863doesn't fit
Sell Entropy live order book, 5 min ago1.49 bp14.2 bp −$14doesn'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
Bybit NBISUSDT0.0000%8h234.37−0.009%$5.2M$6.5M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h234.37−0.009%$3.4M$17.0M25xas long as short
Gate NBIS_USDTlong0.0000%8h234.39long leg$2.8M$5.3M50x
Bitget NBISUSDT0.0000%8h234.37−0.009%$2.5M$4.8M20xas long as short
SunX NBIS-USDT0.0000%8h234.40+0.004%$909$1.8M10xas long as short
Deribit NBIS_USDC-PERPETUAL0.0000%1h234.29−0.043%$35K$48K10xas long as short
Coinbase International NBIS-PERP-INTX0.0000%1h233.76−0.269%$358K$676K10xas long as short
HTX NBIS-USDT0.0000%8h234.46+0.030%$15K$115K20xas long as short
Phemex NBISUSDT0.0000%8h234.40+0.004%$1.6M$968K10xas long as short
Vest NBIS-USD-PERP+0.0046%1h234.54+0.064%$234K5xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps NBIS-USD+0.0050%1h234.41+0.009%$147K$706K10xas long as short
SoDEX NBIS-USD+0.0050%1h234.40+0.004%$23$20K10xas long as short
QFEX NBIS-USD+0.0051%1h234.38−0.004%$1.5M$5.1M10xas long as short
KuCoin NBISUSDTM+0.0100%8h234.24−0.064%$483K$25K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h234.390.000%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h234.44+0.021%10xas long as short
Variational Omni NBIS+0.0202%8h234.45+0.026%$2.9M$821Kas long as short
Nado NBIS-PERP+0.0209%1h234.33−0.025%$28K$63K3xas long as short
BloFin NBIS-USDT+0.0220%8h234.390.000%$205K$214K20xas long as short
Aster NBISUSDT+0.0225%8h234.32−0.030%$79K$306K50xas long as short
Binance NBISUSDT+0.0239%8h234.40+0.004%$19.4M$86.3M25xas long as short
Extended NBIS-USD+0.0240%1h234.32−0.030%$142K$697K10xas long as short
Kraken Futures PF_NBISUSD+0.0249%1h234.21−0.077%$24K$13K20xas long as short
GRVT NBIS_USDT_Perp+0.0255%8h234.42+0.013%$5K$140K10xas long as short
Arcus NBIS-USD+0.0269%1h234.38−0.004%$44K$134K5xas long as short
tradeXYZ xyz:NBIS+0.0276%1h234.42+0.013%$54.7M$23.3M10xas long as short
Ondo Perps NBIS-USD.P+0.0282%1h234.33−0.026%$174K$498K10xas long as short
Lighter NBIS+0.0360%1h234.52+0.055%$931K$4.6M10xas long as short
Phoenix NBIS+0.0376%1h234.65+0.111%$7K$163K10xas long as short
edgeX NBISUSDC+0.0502%4h234.37−0.008%$38K$236K10xas long as short
Entropy io:NBISshort+0.0506%1h234.390.000%$10.2M$3.4M10x