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

NBIS

RWAall NBIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.014%
Price spread now: Orderly against Polymarket Perps−0.017%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps NBIS-USD231.960.0050pay 0.0006% / 1h44m 14s$142K$459K10x
ShortOrderly PERP_NBIS_USDC_mythos231.920.0100get 0.0100% / 8h2h 44m$2K$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$10.5
Price spread: −0.017% → 0.000%
−$1.72
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$5.22
Costs to cover
0.140%
Break-even
10.5 days
Slippage unknown: Polymarket Perps: live order book, 3 min ago; 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 Polymarket Perps live order book, 3 min ago1.73 bp7.4 bp −$77.8 bp −$7832.0 bp −$3,204doesn'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
Bitget NBISUSDT−0.0110%8h231.98+0.009%$2.3M$4.5M20xas long as short
BloFin NBIS-USDT−0.0025%8h232.13+0.073%$205K$205K20xas long as short
Aster NBISUSDT0.0000%8h231.98+0.011%$83K$310K50xas long as short
Extended NBIS-USD0.0000%1h231.86−0.044%$145K$753K10xas long as short
Binance NBISUSDT0.0000%8h231.91−0.023%$18.8M$85.7M25xas long as short
Bybit NBISUSDT0.0000%8h231.98+0.009%$4.9M$6.4M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h231.92−0.017%$3.3M$16.0M25xas long as short
Gate NBIS_USDT0.0000%8h231.95−0.004%$2.7M$5.0M50xas long as short
Variational Omni NBIS0.0000%8h232.03+0.030%$2.9M$555Kas long as short
GRVT NBIS_USDT_Perp0.0000%8h232.07+0.046%$5K$118K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX NBIS-USDT0.0000%8h232.01+0.022%$1K$1.6M10xas long as short
Deribit NBIS_USDC-PERPETUAL0.0000%1h231.83−0.056%$34K$49K10xas long as short
HTX NBIS-USDT0.0000%8h232.08+0.052%$15K$60K20xas long as short
Phemex NBISUSDT0.0000%8h231.92−0.017%$1.6M$956K10xas long as short
Nado NBIS-PERP+0.0020%1h231.92−0.016%$38K$115K3xas long as short
QFEX NBIS-USD+0.0029%1h232.20+0.103%$1.5M$3.9M10xas long as short
Arcus NBIS-USD+0.0040%1h232.11+0.065%$42K$132K5xas long as short
Vest NBIS-USD-PERP+0.0046%1h232.23+0.116%$217K5xas long as short
Polymarket Perps NBIS-USDlong+0.0050%1h231.96long leg$142K$459K10x
SoDEX NBIS-USD+0.0050%1h231.94−0.009%$93$20K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h232.20+0.103%$160K$506K10xas long as short
tradeXYZ xyz:NBIS+0.0059%1h231.84−0.052%$54.0M$20.2M10xas long as short
KuCoin NBISUSDTM+0.0100%8h231.91−0.022%$477K$20K20xas long as short
Orderly PERP_NBIS_USDC_mythosshort+0.0100%8h231.92−0.017%$2K$3K10x
Aevo NBIS-PERP+0.0104%1h231.94−0.010%10xas long as short
Coinbase International NBIS-PERP-INTX+0.0168%1h232.00+0.017%$362K$774K10xas long as short
Kraken Futures PF_NBISUSD+0.0222%1h231.89−0.031%$23K$15K20xas long as short
Phoenix NBIS+0.0242%1h232.54+0.250%$7K$150K10xas long as short
Lighter NBIS+0.0272%1h231.92−0.017%$928K$3.9M10xas long as short
edgeX NBISUSDC+0.0276%4h232.05+0.038%$37K$227K10xas long as short
Entropy io:NBIS+0.0433%1h232.28+0.138%$10.1M$3.2M10xas long as short