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−0.0050%/8h= −5.5% APRnext payment $0.06 per $10,000 · paid last 24h +0.016%
Price spread now: Deribit against SoDEX−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 3 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
LongSoDEX NBIS-USD231.040.0050pay 0.0006% / 1h5m 48s$83$20K10x
ShortDeribit NBIS_USDC-PERPETUAL231.000get 0.0000% / 1h5m 48s$34K$49K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against SoDEX. 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%
−$1.73
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$27.23
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: SoDEX: no order-book sample; 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 SoDEX no order-book sample
Sell Deribit no order-book sample
SoDEX and 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−0.0369%8h231.14+0.043%$2.3M$4.6M20xas long as short
Aster NBISUSDT0.0000%8h231.18+0.060%$84K$311K50xas long as short
Extended NBIS-USD0.0000%1h231.02−0.007%$144K$876K10xas long as short
Binance NBISUSDT0.0000%8h231.08+0.017%$18.8M$88.0M25xas long as short
Bybit NBISUSDT0.0000%8h231.06+0.009%$4.9M$6.7M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h230.93−0.048%$3.3M$16.0M25xas long as short
Gate NBIS_USDT0.0000%8h231.03−0.004%$2.7M$5.2M50xas long as short
Variational Omni NBIS0.0000%8h231.07+0.015%$2.8M$590Kas long as short
GRVT NBIS_USDT_Perp0.0000%8h230.93−0.045%$4K$115K10xas long as short
SunX NBIS-USDT0.0000%8h231.10+0.026%$1K$1.6M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit NBIS_USDC-PERPETUALshort0.0000%1h231.00−0.017%$34K$49K10x
HTX NBIS-USDT0.0000%8h231.01−0.013%$15K$57K20xas long as short
Phemex NBISUSDT0.0000%8h231.08+0.017%$1.6M$971K10xas long as short
BloFin NBIS-USDT+0.0011%8h231.03−0.004%$204K$212K20xas long as short
Arcus NBIS-USD+0.0040%1h230.87−0.074%$42K$131K5xas long as short
QFEX NBIS-USD+0.0041%1h231.01−0.013%$1.5M$3.7M10xas long as short
Vest NBIS-USD-PERP+0.0046%1h230.90−0.061%$223K5xas long as short
Polymarket Perps NBIS-USD+0.0050%1h230.95−0.039%$137K$473K10xas long as short
SoDEX NBIS-USDlong+0.0050%1h231.04long leg$83$20K10x
Ondo Perps NBIS-USD.P+0.0050%1h230.97−0.030%$150K$542K10xas long as short
Coinbase International NBIS-PERP-INTX+0.0056%1h230.90−0.061%$357K$811K10xas long as short
KuCoin NBISUSDTM+0.0100%8h230.85−0.082%$476K$27K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h231.08+0.017%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h231.03−0.006%10xas long as short
tradeXYZ xyz:NBIS+0.0118%1h231.03−0.004%$54.1M$21.2M10xas long as short
Nado NBIS-PERP+0.0182%1h230.99−0.021%$38K$116K3xas long as short
Lighter NBIS+0.0264%1h231.02−0.009%$939K$4.1M10xas long as short
Phoenix NBIS+0.0312%1h231.040.000%$7K$125K10xas long as short
edgeX NBISUSDC+0.0347%4h230.92−0.054%$37K$226K10xas long as short
Entropy io:NBIS+0.0408%1h231.01−0.013%$10.1M$3.1M10xas long as short
Kraken Futures PF_NBISUSD+0.0540%1h231.03−0.005%$23K$15K20xas long as short