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+0.0125%/8h= +13.6% APRnext payment +$0.16 per $10,000 · paid last 24h +0.013%
Price spread now: Coinbase International against Nado−0.183%45s7-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
Funding pays, the price is against you. Coinbase International is 0.183% cheaper against Nado than usual: you would sell low and buy high (spread −0.183% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$18 on $10k: about 4.9 days of funding at the current rate (+$4 a day). The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado NBIS-PERP233.96−0.0021get 0.0003% / 1h46m 19s$67K$95K3x
ShortCoinbase International NBIS-PERP-INTX233.530.0104get 0.0013% / 1h46m 19s$382K$712K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$26.15
Price spread: −0.183% → 0.000%
−$18.33
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$9.18
Costs to cover
0.170%
Break-even
9.5 days
Slippage unknown: Nado: no order-book sample; Coinbase International: live order book, 17 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 Coinbase International live order book, 17 min ago9.19 bp14.2 bp −$1419.1 bp −$191doesn't fitdoesn'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
Nado NBIS-PERPlong−0.0021%1h233.96long leg$67K$95K3x
Bybit NBISUSDT0.0000%8h234.06+0.043%$5.0M$6.2M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h234.04+0.035%$3.4M$16.2M25xas long as short
Gate NBIS_USDT0.0000%8h234.09+0.056%$2.8M$5.0M50xas long as short
Bitget NBISUSDT0.0000%8h234.07+0.048%$2.4M$4.4M20xas long as short
GRVT NBIS_USDT_Perp0.0000%8h234.25+0.126%$5K$127K10xas long as short
SunX NBIS-USDT0.0000%8h234.04+0.035%$971$1.7M10xas long as short
Deribit NBIS_USDC-PERPETUAL0.0000%1h233.93−0.012%$35K$48K10xas long as short
HTX NBIS-USDT0.0000%8h234.04+0.035%$15K$60K20xas long as short
Phemex NBISUSDT0.0000%8h234.04+0.035%$1.6M$966K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX NBIS-USD+0.0023%1h234.07+0.048%$1.5M$4.4M10xas long as short
Arcus NBIS-USD+0.0040%1h233.94−0.008%$42K$132K5xas long as short
Vest NBIS-USD-PERP+0.0046%1h234.25+0.124%$215K5xas long as short
tradeXYZ xyz:NBIS+0.0050%1h234.01+0.022%$54.6M$19.7M10xas long as short
Polymarket Perps NBIS-USD+0.0050%1h234.01+0.022%$149K$453K10xas long as short
SoDEX NBIS-USD+0.0050%1h234.01+0.022%$23$20K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h233.91−0.021%$163K$499K10xas long as short
KuCoin NBISUSDTM+0.0100%8h234.00+0.018%$482K$21K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h234.00+0.018%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h234.00+0.018%10xas long as short
Coinbase International NBIS-PERP-INTXshort+0.0104%1h233.53−0.183%$382K$712K10x
Variational Omni NBIS+0.0121%8h234.14+0.077%$2.8M$569Kas long as short
Aster NBISUSDT+0.0133%8h234.20+0.105%$81K$307K50xas long as short
Binance NBISUSDT+0.0143%8h234.07+0.049%$19.1M$84.7M25xas long as short
Extended NBIS-USD+0.0144%1h234.01+0.023%$146K$703K10xas long as short
BloFin NBIS-USDT+0.0151%8h234.01+0.022%$204K20xas long as short
Kraken Futures PF_NBISUSD+0.0152%1h233.95−0.003%$23K$15K20xas long as short
Lighter NBIS+0.0232%1h234.09+0.056%$903K$4.3M10xas long as short
Phoenix NBIS+0.0308%1h234.23+0.116%$7K$150K10xas long as short
Entropy io:NBIS+0.0410%1h234.05+0.039%$10.2M$3.3M10xas long as short
edgeX NBISUSDC+0.0722%4h233.94−0.008%$38K$227K10xas long as short