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

NBIS

RWAall NBIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: KuCoin against SoDEX+0.021%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 3 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 +$2 a day on $10k at the current rate, and KuCoin is 0.021% dearer against SoDEX 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
LongSoDEX NBIS-USD234.000.0050pay 0.0006% / 1h13m 21s$42$20K10x
ShortKuCoin NBISUSDTM234.050.0100get 0.0100% / 8h6h 13m$482K$21K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.021% → 0.000%
$2.14
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$7.36
Costs to cover
0.200%
Break-even
11.9 days
Slippage unknown: SoDEX: no order-book sample; KuCoin: live order book, 24 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 SoDEX no order-book sample
Sell KuCoin live order book, 24 min ago31.51 bp106.5 bp −$107doesn't fitdoesn't fitdoesn't fit
SoDEX: 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%8h234.02+0.009%$5.0M$6.3M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h234.01+0.004%$3.4M$16.4M25xas long as short
Gate NBIS_USDT0.0000%8h234.04+0.017%$2.8M$5.0M50xas long as short
Bitget NBISUSDT0.0000%8h234.03+0.013%$2.4M$4.5M20xas long as short
GRVT NBIS_USDT_Perp0.0000%8h234.17+0.073%$5K$128K10xas long as short
SunX NBIS-USDT0.0000%8h234.28+0.120%$944$1.7M10xas long as short
Deribit NBIS_USDC-PERPETUAL0.0000%1h234.02+0.009%$35K$48K10xas long as short
HTX NBIS-USDT0.0000%8h234.32+0.137%$15K$60K20xas long as short
Phemex NBISUSDT0.0000%8h234.20+0.085%$1.6M$972K10xas long as short
QFEX NBIS-USD+0.0024%1h234.08+0.034%$1.5M$4.5M10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus NBIS-USD+0.0040%1h234.08+0.034%$42K$132K5xas long as short
Vest NBIS-USD-PERP+0.0046%1h234.24+0.103%$215K5xas long as short
Polymarket Perps NBIS-USD+0.0050%1h233.94−0.026%$149K$453K10xas long as short
SoDEX NBIS-USDlong+0.0050%1h234.00long leg$42$20K10x
Ondo Perps NBIS-USD.P+0.0050%1h234.10+0.043%$164K$498K10xas long as short
Nado NBIS-PERP+0.0063%1h234.07+0.031%$67K$95K3xas long as short
tradeXYZ xyz:NBIS+0.0066%1h233.98−0.009%$54.6M$20.0M10xas long as short
Kraken Futures PF_NBISUSD+0.0096%1h234.05+0.020%$24K$15K20xas long as short
KuCoin NBISUSDTMshort+0.0100%8h234.05+0.021%$482K$21K20x
Orderly PERP_NBIS_USDC_mythos+0.0100%8h234.05+0.021%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h233.99−0.005%10xas long as short
Coinbase International NBIS-PERP-INTX+0.0112%1h233.89−0.047%$383K$714K10xas long as short
Variational Omni NBIS+0.0174%8h234.17+0.073%$2.8M$571Kas long as short
Aster NBISUSDT+0.0183%8h234.36+0.154%$81K$314K50xas long as short
Binance NBISUSDT+0.0199%8h234.06+0.027%$19.1M$84.9M25xas long as short
Extended NBIS-USD+0.0200%1h234.11+0.046%$147K$699K10xas long as short
Lighter NBIS+0.0232%1h234.19+0.081%$904K$4.4M10xas long as short
Phoenix NBIS+0.0306%1h234.27+0.115%$7K$152K10xas long as short
edgeX NBISUSDC+0.0337%4h234.18+0.079%$38K$227K10xas long as short
Entropy io:NBIS+0.0405%1h234.18+0.077%$10.2M$3.3M10xas long as short