Funding arb · Price arb /

NBIS

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0058%/8h= +6.4% APRnext payment +$0.07 per $10,000 · paid last 24h —

Price spread now: Aevo against Vest−0.128%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Vest Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVest: Active · farm boardneeds both histories

Funding pays, the price is against you. Aevo is 0.128% cheaper against Vest than usual: you would sell low and buy high (spread −0.128% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 7.3 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest NBIS-USD-PERP	234.13	0.0046	pay 0.0006% / 1h	44m 45s	—	$250K	5x
Short	Aevo NBIS-PERP	233.83	0.0104	get 0.0013% / 1h	44m 45s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Vest. 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

Position, each leg$Hold fordaysFee VestbpFee AevobpOrdersPrice spread, now −0.128%Rate

Funding earned: $12.25
Price spread: −0.128% → 0.000%: −$12.78
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$18.53
Costs to cover: 0.180%
Break-even: 17.6 days

Slippage unknown: Vest: no order-book sample; Aevo: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Vest no order-book sample	—	—	—	—	—
Sell Aevo no order-book sample	—	—	—	—	—

Vest and Aevo: 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 31 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX NBIS-USDT-SWAP	0.0000%	8h	233.70	−0.184%	$3.3M	$16.6M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	233.77	−0.154%	$2.8M	$5.0M	50x	as long as short
Bitget NBISUSDT	0.0000%	8h	233.79	−0.145%	$2.3M	$4.6M	20x	as long as short
SunX NBIS-USDT	0.0000%	8h	233.59	−0.231%	$1K	$1.4M	10x	as long as short
Deribit NBIS_USDC-PERPETUAL	0.0000%	1h	233.85	−0.120%	$35K	$49K	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	234.47	+0.145%	$13K	$62K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	233.87	−0.111%	$1.6M	$969K	10x	as long as short
Vest NBIS-USD-PERPlong	+0.0046%	1h	234.13	long leg	—	$250K	5x
Ondo Perps NBIS-USD.P	+0.0050%	1h	233.37	−0.325%	$152K	$532K	10x	as long as short
QFEX NBIS-USD	+0.0058%	1h	233.86	−0.115%	$1.6M	$3.6M	10x	as long as short

Show all 31 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin NBISUSDTM	+0.0100%	8h	233.67	−0.196%	$474K	$185K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	233.86	−0.115%	$2K	$3K	10x	as long as short
Aevo NBIS-PERPshort	+0.0104%	1h	233.83	−0.128%	—	—	10x
Coinbase International NBIS-PERP-INTX	+0.0104%	1h	234.06	−0.030%	$383K	$883K	10x	as long as short
Variational Omni NBIS	+0.0111%	8h	233.75	−0.164%	$2.9M	$646K	—	as long as short
Bybit NBISUSDT	+0.0111%	8h	233.91	−0.094%	$5.4M	$7.0M	50x	as long as short
edgeX NBISUSDC	+0.0130%	4h	234.18	+0.022%	$31K	$234K	10x	as long as short
Polymarket Perps NBIS-USD	+0.0131%	1h	233.73	−0.171%	$133K	$476K	10x	as long as short
Aster NBISUSDT	+0.0146%	8h	234.30	+0.074%	$75K	$314K	50x	as long as short
Binance NBISUSDT	+0.0181%	8h	233.81	−0.137%	$20.6M	$91.4M	25x	as long as short
Extended NBIS-USD	+0.0184%	1h	233.73	−0.169%	$149K	$846K	10x	as long as short
BloFin NBIS-USDT	+0.0197%	8h	233.87	−0.111%	$207K	$217K	20x	as long as short
Nado NBIS-PERP	+0.0254%	1h	233.89	−0.104%	$38K	$85K	3x	as long as short
Kraken Futures PF_NBISUSD	+0.0370%	1h	233.58	−0.235%	$22K	$11K	20x	as long as short
Phoenix NBIS	+0.0377%	1h	233.68	−0.192%	$7K	$127K	10x	as long as short
Lighter NBIS	+0.0392%	1h	233.88	−0.107%	$945K	$3.8M	10x	as long as short
tradeXYZ xyz:NBIS	+0.0397%	1h	233.83	−0.128%	$55.3M	$19.2M	10x	as long as short
Arcus NBIS-USD	+0.0413%	1h	233.79	−0.145%	$42K	$119K	5x	as long as short
GRVT NBIS_USDT_Perp	+0.0560%	8h	234.24	+0.047%	$4K	$101K	10x	as long as short
SoDEX NBIS-USD	+0.0584%	1h	233.83	−0.128%	$84	$19K	10x	as long as short
Entropy io:NBIS	+0.0773%	1h	233.90	−0.098%	$10.2M	$3.0M	10x	as long as short