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

NBIS

RWAall NBIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.014%
Price spread now: Orderly against SoDEX+0.034%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 Orderly is 0.034% dearer against SoDEX than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX NBIS-USD234.040.0050pay 0.0006% / 1h50m 24s$14$20K10x
ShortOrderly PERP_NBIS_USDC_mythos234.120.0100get 0.0100% / 8h5h 50m$2K$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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: +0.034% → 0.000%
$3.42
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$0.08
Costs to cover
0.140%
Break-even
7.1 days
Slippage unknown: SoDEX: no order-book sample; 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 SoDEX no order-book sample
Sell Orderly no order-book sample
SoDEX and 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
Nado NBIS-PERP−0.0001%1h234.26+0.095%$67K$95K3xas long as short
Bybit NBISUSDT0.0000%8h234.12+0.034%$5.0M$6.2M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h234.09+0.021%$3.4M$16.2M25xas long as short
Gate NBIS_USDT0.0000%8h234.21+0.073%$2.8M$5.0M50xas long as short
Bitget NBISUSDT0.0000%8h234.13+0.038%$2.4M$4.4M20xas long as short
GRVT NBIS_USDT_Perp0.0000%8h234.16+0.050%$5K$127K10xas long as short
SunX NBIS-USDT0.0000%8h234.11+0.030%$904$1.7M10xas long as short
Deribit NBIS_USDC-PERPETUAL0.0000%1h234.06+0.009%$35K$48K10xas long as short
HTX NBIS-USDT0.0000%8h234.19+0.064%$15K$60K20xas long as short
Phemex NBISUSDT0.0000%8h234.09+0.021%$1.6M$967K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX NBIS-USD+0.0023%1h234.16+0.051%$1.5M$4.4M10xas long as short
Arcus NBIS-USD+0.0040%1h234.03−0.004%$42K$132K5xas long as short
Vest NBIS-USD-PERP+0.0046%1h234.37+0.141%$215K5xas long as short
Polymarket Perps NBIS-USD+0.0050%1h234.05+0.004%$149K$453K10xas long as short
SoDEX NBIS-USDlong+0.0050%1h234.04long leg$14$20K10x
Ondo Perps NBIS-USD.P+0.0050%1h234.09+0.021%$163K$499K10xas long as short
tradeXYZ xyz:NBIS+0.0050%1h234.05+0.004%$54.6M$19.7M10xas long as short
KuCoin NBISUSDTM+0.0100%8h234.14+0.043%$482K$21K20xas long as short
Orderly PERP_NBIS_USDC_mythosshort+0.0100%8h234.12+0.034%$2K$3K10x
Aevo NBIS-PERP+0.0104%1h234.09+0.021%10xas long as short
Coinbase International NBIS-PERP-INTX+0.0104%1h233.53−0.218%$382K$712K10xas long as short
Variational Omni NBIS+0.0121%8h234.14+0.042%$2.8M$569Kas long as short
Aster NBISUSDT+0.0143%8h234.26+0.095%$81K$307K50xas long as short
Kraken Futures PF_NBISUSD+0.0152%1h234.14+0.043%$23K$15K20xas long as short
Extended NBIS-USD+0.0152%1h234.07+0.012%$147K$698K10xas long as short
Binance NBISUSDT+0.0153%8h234.13+0.041%$19.1M$84.7M25xas long as short
Lighter NBIS+0.0280%1h234.29+0.107%$904K$4.3M10xas long as short
Phoenix NBIS+0.0308%1h234.17+0.056%$7K$150K10xas long as short
Entropy io:NBIS+0.0445%1h234.21+0.073%$10.2M$3.3M10xas long as short
edgeX NBISUSDC+0.0894%4h234.14+0.042%$38K$226K10xas long as short