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−0.0033%/8h= −3.6% APRnext payment $0.33 per $10,000 · paid last 24h −0.022%
Price spread now: OKX against Variational Omni−0.113%7-day average −0.015% · 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)−0.064%−$6 on $10k
Price spread, last 7 days+0.126%+$13 · spread now −0.113%, 7d avg −0.015%
Together, before fees+0.062%+ Points / potential airdropVariational Omni: Active · farm board+$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and OKX is 0.098% cheaper against Variational Omni than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.015%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni NBIS235.810.0033pay 0.0033% / 8h4h 37m$2.9M$572K
ShortOKX NBIS-USDT-SWAP235.540get 0.0000% / 8h4h 37m$3.4M$16.2M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
−$6.96
Price spread: −0.113% → −0.015%
−$9.76
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee OKX: 5 bp × 2 orders
−$10
Net
−$26.71
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; OKX: live order book, 1 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, 1 min ago2.78 bpdoesn't fit40.9 bp −$409doesn't fitdoesn't fit
Sell OKX live order book, 1 min ago0.64 bp10.8 bp −$1129.9 bp −$299doesn'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
Nado NBIS-PERP−0.0151%1h235.51−0.127%$38K$115K3xas long as short
Bybit NBISUSDT0.0000%8h235.65−0.066%$5.1M$6.2M50xas long as short
OKX NBIS-USDT-SWAPshort0.0000%8h235.54−0.113%$3.4M$16.2M25x
Gate NBIS_USDT0.0000%8h235.57−0.100%$2.8M$5.0M50xas long as short
Bitget NBISUSDT0.0000%8h235.56−0.104%$2.4M$4.4M20xas long as short
GRVT NBIS_USDT_Perp0.0000%8h235.75−0.024%$5K$119K10xas long as short
SunX NBIS-USDT0.0000%8h235.85+0.019%$1K$1.7M10xas long as short
Deribit NBIS_USDC-PERPETUAL0.0000%1h235.52−0.121%$35K$48K10xas long as short
HTX NBIS-USDT0.0000%8h235.58−0.096%$15K$60K20xas long as short
Phemex NBISUSDT0.0000%8h235.59−0.092%$1.6M$957K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni NBISlong+0.0033%8h235.81long leg$2.9M$572K
QFEX NBIS-USD+0.0038%1h235.51−0.126%$1.5M$4.2M10xas long as short
Arcus NBIS-USD+0.0040%1h235.44−0.155%$43K$132K5xas long as short
Vest NBIS-USD-PERP+0.0046%1h235.77−0.015%$216K5xas long as short
tradeXYZ xyz:NBIS+0.0050%1h235.47−0.143%$54.9M$19.8M10xas long as short
Polymarket Perps NBIS-USD+0.0050%1h235.48−0.138%$149K$453K10xas long as short
SoDEX NBIS-USD+0.0050%1h235.55−0.109%$9$21K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h235.63−0.075%$161K$504K10xas long as short
Coinbase International NBIS-PERP-INTX+0.0056%1h235.35−0.194%$389K$724K10xas long as short
BloFin NBIS-USDT+0.0071%8h235.71−0.041%$207K$205K20xas long as short
Aster NBISUSDT+0.0077%8h235.54−0.113%$79K$310K50xas long as short
Binance NBISUSDT+0.0079%8h235.62−0.079%$19.4M$84.6M25xas long as short
Extended NBIS-USD+0.0080%1h235.55−0.109%$147K$702K10xas long as short
Lighter NBIS+0.0088%1h235.62−0.079%$899K$4.0M10xas long as short
KuCoin NBISUSDTM+0.0100%8h235.39−0.177%$485K$21K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h235.57−0.100%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h235.55−0.107%10xas long as short
Phoenix NBIS+0.0272%1h235.68−0.054%$7K$150K10xas long as short
edgeX NBISUSDC+0.0307%4h235.68−0.054%$38K$225K10xas long as short
Entropy io:NBIS+0.0411%1h235.56−0.104%$10.2M$3.2M10xas long as short
Kraken Futures PF_NBISUSD+0.0477%1h235.36−0.188%$24K$15K20xas long as short