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

NBIS

RWAall NBIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0047%/8h= +5.2% APRnext payment +$0.06 per $10,000 · paid last 24h −0.052%
Price spread now: SoDEX against Nado+0.076%47s7-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 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and SoDEX is 0.076% dearer against Nado than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado NBIS-PERP234.270.0003pay 0.0000% / 1h25m 32s$65K$98K3x
ShortSoDEX NBIS-USD234.450.0050get 0.0006% / 1h25m 32s$28$20K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
$9.94
Price spread: +0.076% → 0.000%
$7.59
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee SoDEX: 4 bp × 2 orders
−$8
Net
$2.54
Costs to cover
0.150%
Break-even
5.2 days
Slippage unknown: Nado: no order-book sample; SoDEX: 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 SoDEX no order-book sample
Nado and SoDEX: 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%8h234.51+0.102%$5.0M$6.2M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h234.40+0.055%$3.4M$16.2M25xas long as short
Gate NBIS_USDT0.0000%8h234.49+0.093%$2.8M$5.0M50xas long as short
Bitget NBISUSDT0.0000%8h234.42+0.063%$2.4M$4.4M20xas long as short
GRVT NBIS_USDT_Perp0.0000%8h234.49+0.091%$4K$127K10xas long as short
SunX NBIS-USDT0.0000%8h234.43+0.067%$1K$1.7M10xas long as short
HTX NBIS-USDT0.0000%8h234.72+0.191%$15K$60K20xas long as short
Phemex NBISUSDT0.0000%8h234.52+0.106%$1.6M$962K10xas long as short
Nado NBIS-PERPlong+0.0003%1h234.27long leg$65K$98K3x
QFEX NBIS-USD+0.0023%1h234.39+0.050%$1.5M$4.3M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus NBIS-USD+0.0040%1h234.41+0.059%$42K$132K5xas long as short
Vest NBIS-USD-PERP+0.0046%1h234.60+0.140%$215K5xas long as short
Polymarket Perps NBIS-USD+0.0050%1h234.36+0.038%$149K$453K10xas long as short
SoDEX NBIS-USDshort+0.0050%1h234.45+0.076%$28$20K10x
Ondo Perps NBIS-USD.P+0.0050%1h234.70+0.183%$164K$499K10xas long as short
tradeXYZ xyz:NBIS+0.0074%1h234.29+0.008%$54.9M$19.7M10xas long as short
Variational Omni NBIS+0.0091%8h234.48+0.087%$2.9M$568Kas long as short
KuCoin NBISUSDTM+0.0100%8h234.21−0.026%$483K$21K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h234.42+0.063%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h234.41+0.058%10xas long as short
Coinbase International NBIS-PERP-INTX+0.0104%1h233.53−0.317%$382K$712K10xas long as short
Aster NBISUSDT+0.0122%8h234.62+0.149%$81K$307K50xas long as short
Extended NBIS-USD+0.0128%1h234.45+0.075%$146K$702K10xas long as short
Binance NBISUSDT+0.0131%8h234.48+0.089%$19.1M$84.5M25xas long as short
BloFin NBIS-USDT+0.0142%8h234.52+0.106%$206K$204K20xas long as short
Kraken Futures PF_NBISUSD+0.0152%1h234.40+0.054%$23K$15K20xas long as short
Lighter NBIS+0.0248%1h234.45+0.076%$901K$4.3M10xas long as short
Phoenix NBIS+0.0308%1h234.85+0.247%$7K$150K10xas long as short
Deribit NBIS_USDC-PERPETUAL+0.0348%1h234.36+0.038%$35K$48K10xas long as short
Entropy io:NBIS+0.0481%1h234.46+0.080%$10.2M$3.3M10xas long as short
edgeX NBISUSDC+0.0699%4h234.45+0.074%$38K$226K10xas long as short