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

NBIS

RWAall NBIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.028%
Price spread now: Orderly against OKX−0.064%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Orderly is 0.064% cheaper against OKX than usual: you would sell low and buy high (spread −0.064% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 2.1 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX NBIS-USDT-SWAP235.730get 0.0000% / 8h7h 23m$3.4M$16.8M25x
ShortOrderly PERP_NBIS_USDC_mythos235.580.0100get 0.0100% / 8h7h 23m$2K$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against OKX. 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
$21
Price spread: −0.064% → 0.000%
−$6.36
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$1.36
Costs to cover
0.160%
Break-even
7.5 days
Slippage unknown: OKX: live order book, just now; Orderly: 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 OKX live order book, just now1.27 bp9.3 bp −$922.9 bp −$229doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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
Kraken Futures PF_NBISUSD−0.0178%1h235.58−0.062%$24K$15K20xas long as short
OKX NBIS-USDT-SWAPlong0.0000%8h235.73long leg$3.4M$16.8M25x
Gate NBIS_USDT0.0000%8h235.66−0.030%$2.8M$5.1M50xas long as short
SunX NBIS-USDT0.0000%8h235.91+0.076%$1K$1.7M10xas long as short
Deribit NBIS_USDC-PERPETUAL0.0000%1h235.57−0.068%$35K$48K10xas long as short
HTX NBIS-USDT0.0000%8h235.58−0.064%$15K$112K20xas long as short
Phemex NBISUSDT0.0000%8h235.70−0.013%$1.6M$973K10xas long as short
Coinbase International NBIS-PERP-INTX+0.0016%1h236.05+0.136%$386K$739K10xas long as short
QFEX NBIS-USD+0.0038%1h235.57−0.068%$1.5M$4.9M10xas long as short
Vest NBIS-USD-PERP+0.0046%1h235.98+0.106%$224K5xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit NBISUSDT+0.0049%8h235.78+0.021%$5.1M$6.5M50xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h236.13+0.170%$176K$505K10xas long as short
KuCoin NBISUSDTM+0.0100%8h235.48−0.106%$486K$23K20xas long as short
Orderly PERP_NBIS_USDC_mythosshort+0.0100%8h235.58−0.064%$2K$3K10x
Aevo NBIS-PERP+0.0104%1h235.60−0.054%10xas long as short
Bitget NBISUSDT+0.0108%8h235.75+0.008%$2.5M$4.6M20xas long as short
SoDEX NBIS-USD+0.0131%1h235.67−0.025%$52$20K10xas long as short
Nado NBIS-PERP+0.0182%1h235.47−0.109%$31K$66K3xas long as short
edgeX NBISUSDC+0.0184%4h235.95+0.092%$38K$228K10xas long as short
Variational Omni NBIS+0.0240%8h236.09+0.153%$2.9M$820Kas long as short
Aster NBISUSDT+0.0248%8h235.78+0.021%$81K$308K50xas long as short
BloFin NBIS-USDT+0.0255%8h235.72−0.004%$207K$211K20xas long as short
Binance NBISUSDT+0.0270%8h235.77+0.016%$19.6M$85.6M25xas long as short
Extended NBIS-USD+0.0272%1h235.65−0.035%$151K$806K10xas long as short
Polymarket Perps NBIS-USD+0.0311%1h235.66−0.030%$134K$444K10xas long as short
Lighter NBIS+0.0328%1h235.79+0.025%$926K$4.5M10xas long as short
Arcus NBIS-USD+0.0366%1h235.76+0.013%$44K$132K5xas long as short
tradeXYZ xyz:NBIS+0.0406%1h235.65−0.034%$55.1M$23.7M10xas long as short
Phoenix NBIS+0.0409%1h235.89+0.068%$7K$163K10xas long as short
GRVT NBIS_USDT_Perp+0.0446%8h236.00+0.115%$5K$132K10xas long as short
Entropy io:NBIS+0.0870%1h235.75+0.008%$10.3M$3.4M10xas long as short