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

NBIS

RWAall NBIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0008%/8h= −0.9% APRpaid last 24h −0.063%
Price spread now: SunX against Nado+0.086%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$188as in the Price arb table
costs, in and out, $10k−$1951.954% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.101%−$10 on $10k
Price spread, last 4 days (all we have)−0.093%−$9 · spread now +0.086%, 7d avg +0.014%
Together, before fees−0.194%+ Points / potential airdropNado: Active · farm board−$19 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.072% dearer against Nado than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.014%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado NBIS-PERP232.140.0008pay 0.0001% / 1h5m 00s$38K$115K3x
ShortSunX NBIS-USDT232.340get 0.0000% / 8h3h 05m$985$1.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$1.68
Price spread: +0.086% → +0.014%
$7.22
Slippage, 4 orders
−$180.41
Fee Nado: 3.5 bp × 2 orders
−$7
Fee SunX: 4 bp × 2 orders
−$8
Net
−$189.86
Costs to cover
1.954%
Break-even
never at this rate
Slippage from Nado: live order book, 43 min ago; SunX: live order book, 10 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 Nado live order book, 43 min ago10.24 bp34.0 bp −$34485.2 bp −$4,852doesn't fitdoesn't fit
Sell SunX live order book, 10 min ago45.20 bp64.2 bp −$64doesn't fitdoesn't fitdoesn't fit

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
Aster NBISUSDT0.0000%8h232.47+0.141%$78K$310K50xas long as short
Extended NBIS-USD0.0000%1h232.31+0.073%$146K$614K10xas long as short
Binance NBISUSDT0.0000%8h232.33+0.081%$18.9M$85.6M25xas long as short
Bybit NBISUSDT0.0000%8h232.40+0.112%$5.0M$6.4M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h232.24+0.043%$3.4M$16.1M25xas long as short
Gate NBIS_USDT0.0000%8h232.39+0.108%$2.7M$5.1M50xas long as short
Bitget NBISUSDT0.0000%8h232.42+0.121%$2.3M$4.5M20xas long as short
Variational Omni NBIS0.0000%8h232.62+0.209%$2.9M$552Kas long as short
GRVT NBIS_USDT_Perp0.0000%8h232.14−0.002%$5K$118K10xas long as short
SunX NBIS-USDTshort0.0000%8h232.34+0.086%$985$1.6M10x
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit NBIS_USDC-PERPETUAL0.0000%1h232.35+0.091%$34K$49K10xas long as short
HTX NBIS-USDT0.0000%8h232.34+0.086%$15K$60K20xas long as short
Phemex NBISUSDT0.0000%8h232.33+0.082%$1.6M$956K10xas long as short
Nado NBIS-PERPlong+0.0008%1h232.14long leg$38K$115K3x
BloFin NBIS-USDT+0.0009%8h232.15+0.004%$205K$205K20xas long as short
QFEX NBIS-USD+0.0034%1h232.32+0.078%$1.5M$4.0M10xas long as short
Arcus NBIS-USD+0.0040%1h232.20+0.026%$42K$132K5xas long as short
Vest NBIS-USD-PERP+0.0046%1h232.36+0.095%$217K5xas long as short
Kraken Futures PF_NBISUSD+0.0049%1h232.29+0.064%$23K$15K20xas long as short
tradeXYZ xyz:NBIS+0.0050%1h232.28+0.060%$54.1M$20.2M10xas long as short
Polymarket Perps NBIS-USD+0.0050%1h232.17+0.013%$143K$459K10xas long as short
SoDEX NBIS-USD+0.0050%1h232.28+0.060%$102$21K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h232.20+0.026%$160K$508K10xas long as short
KuCoin NBISUSDTM+0.0100%8h232.32+0.078%$479K$20K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h232.33+0.082%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h232.27+0.058%10xas long as short
Coinbase International NBIS-PERP-INTX+0.0104%1h232.30+0.069%$361K$771K10xas long as short
Lighter NBIS+0.0200%1h232.43+0.125%$919K$4.0M10xas long as short
Phoenix NBIS+0.0239%1h232.36+0.095%$7K$150K10xas long as short
Entropy io:NBIS+0.0295%1h232.37+0.099%$10.1M$3.2M10xas long as short
edgeX NBISUSDC+0.0317%4h231.93−0.089%$37K$226K10xas long as short