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

NBIS

RWAall NBIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.009%
Price spread now: Polymarket Perps against Variational Omni−0.043%7-day average −0.011% · 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)−0.089%−$9 on $10k
Price spread, last 4 days (all we have)+0.017%+$2 · spread now −0.043%, 7d avg −0.011%
Together, before fees−0.073%+ Points / potential airdropVariational Omni: Active · farm board−$7 on $10k · with fees, hour by hour
Funding pays, the price is against you. Polymarket Perps is 0.032% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.043% now, against its 7-day average of −0.011%). If the spread goes back, that is −$3 on $10k: about 2.1 days of funding at the current rate (+$2 a day). Mind the row above: over the last 4 days funding on this pair cost −0.089%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni NBIS230.800get 0.0000% / 8h1h 15m$2.8M$599K
ShortPolymarket Perps NBIS-USD230.700.0050get 0.0006% / 1h15m 04s$137K$473K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
$10.5
Price spread: −0.043% → −0.011%
−$3.17
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$0.67
Costs to cover
0.080%
Break-even
7.4 days
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Polymarket Perps: live order book, 27 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, 4 min ago5.05 bpdoesn't fit37.8 bp −$378doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 27 min ago2.82 bp6.8 bp −$77.1 bp −$7127.5 bp −$2,748doesn'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−0.0574%8h230.84+0.017%$2.3M$4.5M20xas long as short
Aster NBISUSDT0.0000%8h230.70−0.045%$84K$311K50xas long as short
Extended NBIS-USD0.0000%1h230.69−0.046%$149K$635K10xas long as short
Binance NBISUSDT0.0000%8h230.77−0.011%$18.5M$87.3M25xas long as short
Bybit NBISUSDT0.0000%8h230.79−0.004%$4.9M$6.7M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h230.69−0.047%$3.3M$16.1M25xas long as short
Gate NBIS_USDT0.0000%8h230.93+0.056%$2.7M$5.2M50xas long as short
Variational Omni NBISlong0.0000%8h230.80long leg$2.8M$599K
GRVT NBIS_USDT_Perp0.0000%8h230.86+0.026%$5K$116K10xas long as short
SunX NBIS-USDT0.0000%8h230.76−0.017%$967$1.6M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX NBIS-USDT0.0000%8h231.03+0.100%$15K$57K20xas long as short
Phemex NBISUSDT0.0000%8h230.84+0.017%$1.6M$964K10xas long as short
BloFin NBIS-USDT+0.0014%8h230.79−0.004%$203K$205K20xas long as short
Arcus NBIS-USD+0.0040%1h230.71−0.039%$42K$132K5xas long as short
Vest NBIS-USD-PERP+0.0046%1h230.77−0.013%$221K5xas long as short
Polymarket Perps NBIS-USDshort+0.0050%1h230.70−0.043%$137K$473K10x
SoDEX NBIS-USD+0.0050%1h230.74−0.026%$115$20K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h230.92+0.052%$151K$543K10xas long as short
Nado NBIS-PERP+0.0055%1h230.67−0.055%$37K$115K3xas long as short
QFEX NBIS-USD+0.0056%1h230.83+0.013%$1.5M$3.8M10xas long as short
tradeXYZ xyz:NBIS+0.0073%1h230.58−0.095%$54.2M$21.0M10xas long as short
Deribit NBIS_USDC-PERPETUAL+0.0097%1h230.70−0.043%$34K$49K10xas long as short
KuCoin NBISUSDTM+0.0100%8h230.70−0.043%$475K$20K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h230.75−0.021%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h230.71−0.039%10xas long as short
Coinbase International NBIS-PERP-INTX+0.0120%1h230.39−0.177%$351K$812K10xas long as short
Lighter NBIS+0.0184%1h230.73−0.030%$954K$4.0M10xas long as short
Phoenix NBIS+0.0311%1h230.85+0.022%$7K$150K10xas long as short
edgeX NBISUSDC+0.0345%4h230.91+0.047%$37K$227K10xas long as short
Entropy io:NBIS+0.0351%1h230.77−0.013%$10.1M$3.1M10xas long as short
Kraken Futures PF_NBISUSD+0.0685%1h230.65−0.063%$23K$15K20xas long as short