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: Gate against Orderly+0.022%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Gate is 0.022% dearer against Orderly than usual: you sell high and buy low (spread +0.022% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 17 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_NBIS_USDC_mythos231.020.0100pay 0.0100% / 8h4m 59s$2K$3K10x
ShortGate NBIS_USDT231.070get 0.0000% / 8h4m 59s$2.7M$5.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Orderly. 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: +0.022% → 0.000%
$2.16
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$39.84
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; Gate: live order book, 3 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 Orderly no order-book sample
Sell Gate live order book, 3 min ago2.82 bp24.5 bp −$25122.6 bp −$1,226doesn't fitdoesn't fit
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
Bitget NBISUSDT−0.0367%8h231.13+0.048%$2.3M$4.6M20xas long as short
Aster NBISUSDT0.0000%8h231.16+0.062%$84K$311K50xas long as short
Extended NBIS-USD0.0000%1h231.01−0.006%$144K$876K10xas long as short
Binance NBISUSDT0.0000%8h231.11+0.037%$18.8M$88.0M25xas long as short
Bybit NBISUSDT0.0000%8h231.14+0.052%$4.9M$6.7M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h231.04+0.009%$3.3M$16.0M25xas long as short
Gate NBIS_USDTshort0.0000%8h231.07+0.022%$2.7M$5.2M50x
Variational Omni NBIS0.0000%8h231.07+0.023%$2.8M$590Kas long as short
GRVT NBIS_USDT_Perp0.0000%8h231.02−0.001%$4K$115K10xas long as short
SunX NBIS-USDT0.0000%8h231.10+0.035%$1K$1.6M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit NBIS_USDC-PERPETUAL0.0000%1h230.99−0.013%$34K$49K10xas long as short
HTX NBIS-USDT0.0000%8h231.04+0.009%$15K$57K20xas long as short
Phemex NBISUSDT0.0000%8h231.06+0.017%$1.6M$971K10xas long as short
BloFin NBIS-USDT+0.0005%8h231.07+0.022%$204K$212K20xas long as short
Arcus NBIS-USD+0.0040%1h230.88−0.061%$42K$131K5xas long as short
QFEX NBIS-USD+0.0041%1h231.12+0.043%$1.5M$3.7M10xas long as short
Vest NBIS-USD-PERP+0.0046%1h230.97−0.022%$223K5xas long as short
Polymarket Perps NBIS-USD+0.0050%1h231.04+0.009%$137K$473K10xas long as short
SoDEX NBIS-USD+0.0050%1h231.00−0.009%$83$20K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h230.94−0.035%$150K$542K10xas long as short
Coinbase International NBIS-PERP-INTX+0.0056%1h230.90−0.052%$357K$811K10xas long as short
KuCoin NBISUSDTM+0.0100%8h230.83−0.082%$475K$28K20xas long as short
Orderly PERP_NBIS_USDC_mythoslong+0.0100%8h231.02long leg$2K$3K10x
Aevo NBIS-PERP+0.0104%1h231.00−0.008%10xas long as short
tradeXYZ xyz:NBIS+0.0117%1h230.99−0.013%$54.1M$21.2M10xas long as short
Nado NBIS-PERP+0.0178%1h231.03+0.002%$38K$116K3xas long as short
Lighter NBIS+0.0264%1h231.020.000%$939K$4.1M10xas long as short
Phoenix NBIS+0.0312%1h231.11+0.039%$7K$125K10xas long as short
Entropy io:NBIS+0.0408%1h231.01−0.004%$10.1M$3.1M10xas long as short
edgeX NBISUSDC+0.0505%4h230.94−0.036%$37K$227K10xas long as short
Kraken Futures PF_NBISUSD+0.0540%1h231.07+0.020%$23K$15K20xas long as short