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

NBIS

RWAall NBIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.033%
Price spread now: Arcus against HTX+0.009%7-day average −0.034% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$430.428% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.131%+$13 on $10k
Price spread, last 3 days (all we have)+0.037%+$4 · spread now +0.009%, 7d avg −0.034%
Together, before fees+0.168%+$17 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Arcus is 0.043% dearer against HTX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.034%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX NBIS-USDT234.040get 0.0000% / 8h6h 17m$15K$60K20x
ShortArcus NBIS-USD234.060.0040get 0.0005% / 1h17m 34s$42K$132K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus against HTX. 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
$8.46
Price spread: +0.009% → −0.034%
$4.25
Slippage, 4 orders
−$26.31
Fee HTX: 6 bp × 2 orders
−$12
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
−$30.1
Costs to cover
0.428%
Break-even
31.9 days
Slippage from HTX: live order book, 48 min ago; Arcus: live order book, 50 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 HTX live order book, 48 min ago2.33 bp12.4 bp −$1226.7 bp −$267doesn't fitdoesn't fit
Sell Arcus live order book, 50 min ago2.33 bp12.5 bp −$1220.4 bp −$204doesn't fitdoesn't fit

NBIS on 30 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%8h234.34+0.128%$5.1M$6.3M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h234.37+0.141%$3.4M$16.4M25xas long as short
Gate NBIS_USDT0.0000%8h234.34+0.128%$2.8M$5.0M50xas long as short
Bitget NBISUSDT0.0000%8h234.32+0.120%$2.4M$4.5M20xas long as short
GRVT NBIS_USDT_Perp0.0000%8h234.22+0.076%$5K$129K10xas long as short
SunX NBIS-USDT0.0000%8h234.28+0.103%$1K$1.7M10xas long as short
Deribit NBIS_USDC-PERPETUAL0.0000%1h234.18+0.060%$35K$48K10xas long as short
HTX NBIS-USDTlong0.0000%8h234.04long leg$15K$60K20x
Phemex NBISUSDT0.0000%8h234.35+0.132%$1.6M$972K10xas long as short
QFEX NBIS-USD+0.0024%1h234.31+0.115%$1.5M$4.6M10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus NBIS-USDshort+0.0040%1h234.06+0.009%$42K$132K5x
Vest NBIS-USD-PERP+0.0046%1h234.29+0.107%$215K5xas long as short
Polymarket Perps NBIS-USD+0.0050%1h233.97−0.030%$149K$453K10xas long as short
SoDEX NBIS-USD+0.0050%1h234.12+0.034%$61$20K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h233.96−0.034%$164K$498K10xas long as short
tradeXYZ xyz:NBIS+0.0063%1h234.27+0.098%$54.7M$20.0M10xas long as short
Nado NBIS-PERP+0.0074%1h234.06+0.007%$67K$95K3xas long as short
Kraken Futures PF_NBISUSD+0.0096%1h234.08+0.017%$24K$15K20xas long as short
KuCoin NBISUSDTM+0.0100%8h234.25+0.090%$483K$21K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h234.26+0.094%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h234.22+0.075%10xas long as short
Coinbase International NBIS-PERP-INTX+0.0112%1h233.89−0.064%$383K$714K10xas long as short
Variational Omni NBIS+0.0184%8h234.12+0.035%$2.8M$571Kas long as short
Aster NBISUSDT+0.0191%8h234.43+0.167%$81K$314K50xas long as short
Binance NBISUSDT+0.0207%8h234.30+0.111%$19.2M$84.9M25xas long as short
Extended NBIS-USD+0.0208%1h234.29+0.106%$147K$699K10xas long as short
Lighter NBIS+0.0232%1h234.36+0.137%$905K$4.4M10xas long as short
Phoenix NBIS+0.0306%1h234.33+0.124%$7K$152K10xas long as short
Entropy io:NBIS+0.0411%1h234.21+0.073%$10.2M$3.3M10xas long as short
edgeX NBISUSDC+0.0474%4h234.10+0.028%$38K$226K10xas long as short