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−0.0166%/8h= −18.2% APRpaid last 24h −0.068%
Price spread now: Bitget against Nado−0.029%7-day average · you buy dearer than you sell
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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Bitget is 0.029% cheaper against Nado than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado NBIS-PERP233.460.0166pay 0.0021% / 1h39m 56s$67K$94K3x
ShortBitget NBISUSDT233.390get 0.0000% / 8h6h 39m$2.4M$4.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Nado. 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
−$34.85
Price spread: −0.029% → 0.000%
−$2.85
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$56.71
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Nado: no order-book sample; Bitget: live order book, 3 min ago. 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 Nado no order-book sample
Sell Bitget live order book, 3 min ago2.57 bp14.0 bp −$1425.1 bp −$25136.9 bp −$3,691doesn't fit
Nado: 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
Bybit NBISUSDT0.0000%8h233.42−0.016%$5.1M$6.3M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h233.37−0.037%$3.4M$16.5M25xas long as short
Gate NBIS_USDT0.0000%8h233.46+0.001%$2.8M$5.0M50xas long as short
Bitget NBISUSDTshort0.0000%8h233.39−0.029%$2.4M$4.5M20x
SunX NBIS-USDT0.0000%8h233.61+0.066%$1K$1.7M10xas long as short
Deribit NBIS_USDC-PERPETUAL0.0000%1h233.39−0.029%$35K$48K10xas long as short
HTX NBIS-USDT0.0000%8h233.78+0.139%$15K$60K20xas long as short
Phemex NBISUSDT0.0000%8h233.49+0.014%$1.6M$972K10xas long as short
QFEX NBIS-USD+0.0024%1h233.40−0.024%$1.5M$4.7M10xas long as short
Arcus NBIS-USD+0.0040%1h233.50+0.019%$42K$132K5xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest NBIS-USD-PERP+0.0046%1h233.51+0.023%$226K5xas long as short
Polymarket Perps NBIS-USD+0.0050%1h233.38−0.033%$148K$468K10xas long as short
SoDEX NBIS-USD+0.0050%1h233.42−0.016%$93$20K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h233.39−0.029%$163K$500K10xas long as short
GRVT NBIS_USDT_Perp+0.0062%8h233.77+0.132%$5K$130K10xas long as short
Kraken Futures PF_NBISUSD+0.0096%1h233.35−0.046%$24K$15K20xas long as short
KuCoin NBISUSDTM+0.0100%8h233.30−0.067%$481K$21K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h233.47+0.006%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h233.43−0.013%10xas long as short
Coinbase International NBIS-PERP-INTX+0.0112%1h236.05+1.111%$386K$721K10xas long as short
tradeXYZ xyz:NBIS+0.0123%1h233.41−0.020%$54.7M$22.9M10xas long as short
Nado NBIS-PERPlong+0.0166%1h233.46long leg$67K$94K3x
Aster NBISUSDT+0.0220%8h233.70+0.103%$81K$314K50xas long as short
Variational Omni NBIS+0.0223%8h233.46+0.001%$2.8M$570Kas long as short
BloFin NBIS-USDT+0.0234%8h234.04+0.250%$207K$209K20xas long as short
Extended NBIS-USD+0.0240%1h233.27−0.082%$150K$705K10xas long as short
Binance NBISUSDT+0.0242%8h233.31−0.064%$19.2M$85.1M25xas long as short
Lighter NBIS+0.0288%1h233.52+0.027%$902K$4.4M10xas long as short
Phoenix NBIS+0.0306%1h234.04+0.250%$7K$152K10xas long as short
edgeX NBISUSDC+0.0339%4h233.68+0.096%$38K$225K10xas long as short
Entropy io:NBIS+0.0364%1h233.67+0.091%$10.2M$3.4M10xas long as short