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−0.0112%/8h= −12.2% APRpaid last 24h −0.028%
Price spread now: Aster against tradeXYZ−0.079%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$1011.006% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.188%−$19 on $10k
Price spread, last 4 days (all we have)+0.136%+$14 · spread now −0.079%, 7d avg 0.000%
Together, before fees−0.052%+ Points / potential airdroptradeXYZ: Active · Aster: Stage 5 · farm board−$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Aster is 0.079% cheaper against tradeXYZ than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of 0.000%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:NBIS232.260.0112pay 0.0014% / 1h7m 32s$54.6M$21.1M10x
ShortAster NBISUSDT232.080get 0.0000% / 8h2h 07m$85K$311K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against tradeXYZ. 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
−$23.46
Price spread: −0.079% → 0.000%
−$7.93
Slippage, 4 orders
−$74.57
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Aster: 4 bp × 2 orders
−$8
Net
−$131.96
Costs to cover
1.006%
Break-even
never at this rate
Slippage from tradeXYZ: live order book, 12 min ago; Aster: live order book, 39 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy tradeXYZ live order book, 12 min ago3.03 bp12.8 bp −$1317.8 bp −$178doesn't fitdoesn't fit
Sell Aster live order book, 39 min ago3.45 bp26.4 bp −$261766.0 bp −$17.7Kdoesn't fitdoesn't fit

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−0.0442%8h232.32+0.026%$2.3M$4.6M20xas long as short
Aster NBISUSDTshort0.0000%8h232.08−0.079%$85K$311K50x
Extended NBIS-USD0.0000%1h232.25−0.004%$146K$753K10xas long as short
Binance NBISUSDT0.0000%8h232.31+0.022%$18.6M$87.0M25xas long as short
Bybit NBISUSDT0.0000%8h232.27+0.004%$4.9M$6.5M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h232.40+0.060%$3.3M$16.2M25xas long as short
Gate NBIS_USDT0.0000%8h232.39+0.056%$2.7M$5.1M50xas long as short
Variational Omni NBIS0.0000%8h232.26+0.002%$2.8M$602Kas long as short
GRVT NBIS_USDT_Perp0.0000%8h232.32+0.026%$5K$117K10xas long as short
SunX NBIS-USDT0.0000%8h232.23−0.013%$1K$1.6M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX NBIS-USDT0.0000%8h232.24−0.009%$15K$61K20xas long as short
Phemex NBISUSDT0.0000%8h232.24−0.009%$1.6M$957K10xas long as short
BloFin NBIS-USDT+0.0003%8h232.30+0.017%$202K$206K20xas long as short
QFEX NBIS-USD+0.0029%1h232.30+0.017%$1.5M$3.9M10xas long as short
Nado NBIS-PERP+0.0039%1h232.02−0.105%$38K$115K3xas long as short
Arcus NBIS-USD+0.0040%1h232.03−0.099%$42K$132K5xas long as short
edgeX NBISUSDC+0.0045%4h232.19−0.030%$37K$226K10xas long as short
Vest NBIS-USD-PERP+0.0046%1h232.27+0.004%$220K5xas long as short
Polymarket Perps NBIS-USD+0.0050%1h232.15−0.047%$138K$473K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h232.09−0.073%$152K$548K10xas long as short
KuCoin NBISUSDTM+0.0100%8h232.07−0.082%$478K$20K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h232.24−0.009%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h232.20−0.025%10xas long as short
tradeXYZ xyz:NBISlong+0.0112%1h232.26long leg$54.6M$21.1M10x
SoDEX NBIS-USD+0.0156%1h232.24−0.009%$88$20K10xas long as short
Coinbase International NBIS-PERP-INTX+0.0168%1h231.92−0.146%$351K$815K10xas long as short
Kraken Futures PF_NBISUSD+0.0222%1h232.25−0.006%$23K$15K20xas long as short
Phoenix NBIS+0.0242%1h232.31+0.022%$7K$150K10xas long as short
Lighter NBIS+0.0256%1h232.23−0.013%$939K$4.0M10xas long as short
Entropy io:NBIS+0.0389%1h232.01−0.108%$10.1M$3.2M10xas long as short
Deribit NBIS_USDC-PERPETUAL+0.0440%1h232.16−0.043%$34K$49K10xas long as short