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+0.0120%/8h= +13.1% APRpaid last 24h +0.049%
Price spread now: Coinbase International against Variational Omni−0.229%7-day average +0.094% · 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 4 days (all we have)+0.126%+$13 on $10k
Price spread, last 4 days (all we have)+0.322%+$32 · spread now −0.229%, 7d avg +0.094%
Together, before fees+0.448%+ Points / potential airdropVariational Omni: Active · farm board+$45 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 0.324% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.229% now, against its 7-day average of +0.094%). If the spread goes back, that is −$32 on $10k: about 9.0 days of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni NBIS230.920get 0.0000% / 8h1h 16m$2.8M$601K
ShortCoinbase International NBIS-PERP-INTX230.390.0120get 0.0015% / 1h16m 51s$351K$812K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Variational Omni. 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
$25.2
Price spread: −0.229% → +0.094%
−$32.37
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$17.17
Costs to cover
0.100%
Break-even
11.8 days
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Coinbase International: live order book, 26 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 Variational Omni RFQ quote, 2 min ago5.05 bpdoesn't fit37.8 bp −$378doesn't fitdoesn't fit
Sell Coinbase International live order book, 26 min ago3.26 bp9.2 bp −$916.7 bp −$167doesn'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−0.0577%8h230.94+0.009%$2.3M$4.5M20xas long as short
Aster NBISUSDT0.0000%8h230.76−0.071%$84K$311K50xas long as short
Extended NBIS-USD0.0000%1h230.80−0.051%$149K$635K10xas long as short
Binance NBISUSDT0.0000%8h230.88−0.015%$18.5M$87.3M25xas long as short
Bybit NBISUSDT0.0000%8h230.96+0.018%$4.9M$6.7M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h230.82−0.043%$3.3M$16.2M25xas long as short
Gate NBIS_USDT0.0000%8h230.920.000%$2.7M$5.2M50xas long as short
Variational Omni NBISlong0.0000%8h230.92long leg$2.8M$601K
GRVT NBIS_USDT_Perp0.0000%8h230.86−0.026%$5K$116K10xas long as short
SunX NBIS-USDT0.0000%8h230.98+0.026%$968$1.6M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX NBIS-USDT0.0000%8h231.03+0.048%$15K$57K20xas long as short
Phemex NBISUSDT0.0000%8h230.96+0.018%$1.6M$964K10xas long as short
BloFin NBIS-USDT+0.0009%8h230.99+0.030%$203K$205K20xas long as short
Deribit NBIS_USDC-PERPETUAL+0.0010%1h230.85−0.030%$34K$49K10xas long as short
Arcus NBIS-USD+0.0040%1h230.76−0.069%$42K$132K5xas long as short
Vest NBIS-USD-PERP+0.0046%1h230.86−0.026%$221K5xas long as short
Polymarket Perps NBIS-USD+0.0050%1h230.84−0.034%$137K$473K10xas long as short
SoDEX NBIS-USD+0.0050%1h230.88−0.017%$111$20K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h230.920.000%$151K$548K10xas long as short
Nado NBIS-PERP+0.0054%1h230.83−0.040%$38K$115K3xas long as short
QFEX NBIS-USD+0.0056%1h231.00+0.035%$1.5M$3.8M10xas long as short
tradeXYZ xyz:NBIS+0.0077%1h230.73−0.082%$54.3M$21.0M10xas long as short
KuCoin NBISUSDTM+0.0100%8h230.76−0.069%$476K$20K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h230.98+0.026%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h230.85−0.028%10xas long as short
Coinbase International NBIS-PERP-INTXshort+0.0120%1h230.39−0.229%$351K$812K10x
Lighter NBIS+0.0184%1h230.76−0.069%$953K$4.0M10xas long as short
Phoenix NBIS+0.0311%1h230.85−0.030%$7K$150K10xas long as short
Entropy io:NBIS+0.0359%1h230.82−0.043%$10.0M$3.1M10xas long as short
Kraken Futures PF_NBISUSD+0.0684%1h230.88−0.015%$23K$15K20xas long as short
edgeX NBISUSDC+0.0873%4h230.77−0.063%$37K$227K10xas long as short