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

NBIS

RWAall NBIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0176%/8h= +19.3% APRnext payment +$0.22 per $10,000 · paid last 24h +0.014%
Price spread now: Deribit against Polymarket Perps+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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Deribit is 0.022% dearer against Polymarket Perps than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps NBIS-USD231.070.0050pay 0.0006% / 1h51m 49s$137K$473K10x
ShortDeribit NBIS_USDC-PERPETUAL231.120.0226get 0.0028% / 1h51m 49s$34K$49K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against Polymarket Perps. 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
$37
Price spread: +0.022% → 0.000%
$2.16
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$24.16
Costs to cover
0.150%
Break-even
2.4 days
Slippage unknown: Polymarket Perps: live order book, 56 min ago; Deribit: 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 Polymarket Perps live order book, 56 min ago1.73 bp7.4 bp −$77.8 bp −$7832.0 bp −$3,204doesn't fit
Sell Deribit no order-book sample
Deribit: 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−0.0395%8h231.27+0.087%$2.3M$4.5M20xas long as short
Aster NBISUSDT0.0000%8h231.05−0.008%$84K$311K50xas long as short
Extended NBIS-USD0.0000%1h231.11+0.018%$145K$736K10xas long as short
Binance NBISUSDT0.0000%8h231.16+0.038%$18.6M$87.1M25xas long as short
Bybit NBISUSDT0.0000%8h231.23+0.069%$4.9M$6.5M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h231.12+0.022%$3.3M$16.2M25xas long as short
Gate NBIS_USDT0.0000%8h231.14+0.030%$2.7M$5.1M50xas long as short
Variational Omni NBIS0.0000%8h231.22+0.067%$2.8M$602Kas long as short
GRVT NBIS_USDT_Perp0.0000%8h231.42+0.151%$5K$116K10xas long as short
SunX NBIS-USDT0.0000%8h231.40+0.143%$1K$1.6M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX NBIS-USDT0.0000%8h231.31+0.104%$15K$61K20xas long as short
Phemex NBISUSDT0.0000%8h231.13+0.026%$1.6M$961K10xas long as short
BloFin NBIS-USDT+0.0030%8h231.30+0.100%$204K$206K20xas long as short
Arcus NBIS-USD+0.0040%1h231.32+0.108%$42K$132K5xas long as short
Vest NBIS-USD-PERP+0.0046%1h231.30+0.100%$220K5xas long as short
Polymarket Perps NBIS-USDlong+0.0050%1h231.07long leg$137K$473K10x
SoDEX NBIS-USD+0.0050%1h231.070.000%$88$20K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h231.24+0.074%$151K$548K10xas long as short
QFEX NBIS-USD+0.0056%1h231.14+0.030%$1.5M$3.9M10xas long as short
KuCoin NBISUSDTM+0.0100%8h231.03−0.017%$476K$20K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h231.14+0.030%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h231.11+0.016%10xas long as short
Coinbase International NBIS-PERP-INTX+0.0120%1h232.18+0.480%$352K$816K10xas long as short
Nado NBIS-PERP+0.0136%1h231.04−0.012%$38K$115K3xas long as short
tradeXYZ xyz:NBIS+0.0193%1h231.03−0.017%$54.3M$21.0M10xas long as short
Deribit NBIS_USDC-PERPETUALshort+0.0226%1h231.12+0.022%$34K$49K10x
Phoenix NBIS+0.0311%1h231.70+0.273%$7K$150K10xas long as short
Lighter NBIS+0.0336%1h231.12+0.022%$941K$3.9M10xas long as short
Entropy io:NBIS+0.0537%1h231.39+0.138%$10.0M$3.1M10xas long as short
edgeX NBISUSDC+0.0655%4h231.33+0.110%$37K$226K10xas long as short
Kraken Futures PF_NBISUSD+0.0684%1h231.07+0.001%$23K$15K20xas long as short