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−0.0090%/8h= −9.9% APRnext payment $0.11 per $10,000 · paid last 24h −0.052%
Price spread now: Ondo Perps against Nado+0.034%7-day average · you sell dearer than you buy
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 · Ondo Perps: Active · farm boardneeds both histories
The price spread pays, funding is against you. Ondo Perps is 0.034% dearer against Nado than usual: you sell high and buy low (spread +0.034% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 30 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado NBIS-PERP233.340.0140pay 0.0018% / 1h37m 31s$67K$94K3x
ShortOndo Perps NBIS-USD.P233.420.0050get 0.0006% / 1h37m 31s$163K$499K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
−$18.89
Price spread: +0.034% → 0.000%
$3.39
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$27.51
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Nado: no order-book sample; Ondo Perps: no order-book sample. 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 Ondo Perps no order-book sample
Nado and Ondo Perps: 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%8h233.51+0.072%$5.1M$6.3M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h233.52+0.077%$3.4M$16.5M25xas long as short
Gate NBIS_USDT0.0000%8h233.46+0.051%$2.8M$5.0M50xas long as short
Bitget NBISUSDT0.0000%8h233.65+0.132%$2.4M$4.5M20xas long as short
SunX NBIS-USDT0.0000%8h233.36+0.008%$996$1.7M10xas long as short
Deribit NBIS_USDC-PERPETUAL0.0000%1h233.29−0.022%$35K$48K10xas long as short
HTX NBIS-USDT0.0000%8h233.78+0.188%$15K$60K20xas long as short
Phemex NBISUSDT0.0000%8h233.41+0.030%$1.6M$971K10xas long as short
GRVT NBIS_USDT_Perp+0.0016%8h233.46+0.053%$5K$129K10xas long as short
QFEX NBIS-USD+0.0024%1h233.39+0.021%$1.5M$4.6M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus NBIS-USD+0.0040%1h233.340.000%$42K$132K5xas long as short
Vest NBIS-USD-PERP+0.0046%1h233.43+0.038%$226K5xas long as short
Polymarket Perps NBIS-USD+0.0050%1h233.38+0.017%$148K$468K10xas long as short
SoDEX NBIS-USD+0.0050%1h233.36+0.008%$93$20K10xas long as short
Ondo Perps NBIS-USD.Pshort+0.0050%1h233.42+0.034%$163K$499K10x
Kraken Futures PF_NBISUSD+0.0096%1h233.33−0.006%$24K$15K20xas long as short
KuCoin NBISUSDTM+0.0100%8h233.38+0.017%$481K$21K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h233.37+0.012%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h233.37+0.013%10xas long as short
tradeXYZ xyz:NBIS+0.0109%1h233.33−0.005%$54.7M$20.0M10xas long as short
Coinbase International NBIS-PERP-INTX+0.0112%1h236.05+1.161%$386K$721K10xas long as short
Nado NBIS-PERPlong+0.0140%1h233.34long leg$67K$94K3x
Aster NBISUSDT+0.0216%8h233.59+0.107%$81K$314K50xas long as short
Variational Omni NBIS+0.0223%8h233.46+0.050%$2.8M$570Kas long as short
BloFin NBIS-USDT+0.0234%8h234.04+0.300%$207K$209K20xas long as short
Binance NBISUSDT+0.0235%8h233.46+0.051%$19.2M$85.1M25xas long as short
Extended NBIS-USD+0.0240%1h233.38+0.017%$150K$705K10xas long as short
Lighter NBIS+0.0280%1h233.45+0.047%$901K$4.4M10xas long as short
Phoenix NBIS+0.0306%1h233.43+0.038%$7K$152K10xas long as short
Entropy io:NBIS+0.0352%1h233.50+0.068%$10.1M$3.3M10xas long as short
edgeX NBISUSDC+0.0636%4h233.36+0.009%$37K$226K10xas long as short