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: OKX against Orderly+0.039%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. OKX is 0.039% dearer against Orderly than usual: you sell high and buy low (spread +0.039% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 31 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_NBIS_USDC_mythos233.580.0100pay 0.0100% / 8h6h 34m$2K$3K10x
ShortOKX NBIS-USDT-SWAP233.670get 0.0000% / 8h6h 34m$3.4M$16.5M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: +0.039% → 0.000%
$3.85
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee OKX: 5 bp × 2 orders
−$10
Net
−$33.15
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; OKX: live order book, 4 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 OKX live order book, 4 min ago0.21 bp10.6 bp −$1140.7 bp −$407doesn'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 30 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%8h233.78+0.086%$5.1M$6.3M50xas long as short
OKX NBIS-USDT-SWAPshort0.0000%8h233.67+0.039%$3.4M$16.5M25x
Gate NBIS_USDT0.0000%8h233.68+0.043%$2.8M$5.0M50xas long as short
Bitget NBISUSDT0.0000%8h233.70+0.051%$2.4M$4.5M20xas long as short
SunX NBIS-USDT0.0000%8h233.56−0.009%$1K$1.7M10xas long as short
HTX NBIS-USDT0.0000%8h233.40−0.077%$15K$60K20xas long as short
Phemex NBISUSDT0.0000%8h233.71+0.056%$1.6M$971K10xas long as short
GRVT NBIS_USDT_Perp+0.0016%8h233.46−0.050%$5K$129K10xas long as short
QFEX NBIS-USD+0.0024%1h233.580.000%$1.5M$4.6M10xas long as short
Arcus NBIS-USD+0.0040%1h233.38−0.086%$42K$132K5xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest NBIS-USD-PERP+0.0046%1h233.68+0.043%$215K5xas long as short
Polymarket Perps NBIS-USD+0.0050%1h233.51−0.030%$148K$454K10xas long as short
SoDEX NBIS-USD+0.0050%1h233.56−0.009%$79$20K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h233.49−0.039%$163K$499K10xas long as short
Deribit NBIS_USDC-PERPETUAL+0.0093%1h233.60+0.009%$35K$48K10xas long as short
Kraken Futures PF_NBISUSD+0.0096%1h233.48−0.044%$24K$15K20xas long as short
KuCoin NBISUSDTM+0.0100%8h233.51−0.030%$481K$21K20xas long as short
Orderly PERP_NBIS_USDC_mythoslong+0.0100%8h233.58long leg$2K$3K10x
Aevo NBIS-PERP+0.0104%1h233.59+0.004%10xas long as short
tradeXYZ xyz:NBIS+0.0111%1h233.64+0.026%$54.7M$20.0M10xas long as short
Coinbase International NBIS-PERP-INTX+0.0112%1h236.05+1.057%$386K$721K10xas long as short
Nado NBIS-PERP+0.0144%1h233.41−0.072%$67K$94K3xas long as short
Variational Omni NBIS+0.0207%8h233.54−0.018%$2.8M$571Kas long as short
Aster NBISUSDT+0.0210%8h233.80+0.094%$81K$314K50xas long as short
Binance NBISUSDT+0.0231%8h233.68+0.045%$19.2M$85.0M25xas long as short
Extended NBIS-USD+0.0232%1h233.55−0.014%$150K$701K10xas long as short
Lighter NBIS+0.0296%1h233.67+0.039%$902K$4.4M10xas long as short
Phoenix NBIS+0.0306%1h233.42−0.068%$7K$152K10xas long as short
Entropy io:NBIS+0.0373%1h233.50−0.034%$10.1M$3.3M10xas long as short
edgeX NBISUSDC+0.0636%4h233.36−0.093%$37K$226K10xas long as short