Spread before costs (cost unknown: a leg has no order-book sample)−0.076%
7d average—if it closes, per $10,000$8funding while held, a day+$4.99
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo NBIS-PERP | 236.18 | 0.0104 | pay 0.0013% / 1h | 50m 13s | — | — | 10x |
| Short | Phoenix NBIS | 236.00 | 0.0270 | get 0.0034% / 1h | 50m 13s | $7K | $178K | 10x |
Aevo NBIS-PERP
Phoenix NBISPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$7.58
- Funding while held
- $4.99
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$25.59
- Spread needed to break even
- 0.230%
Slippage unknown: Aevo: no order-book sample; Phoenix: live order book, 39 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0166%
- Per $10,000 a day
- +$4.99
- Average in range /8h
- —
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 Aevo no order-book sample | — | — | — | — | — |
| Sell Phoenix live order book, 39 min ago | 4.71 bp | 14.2 bp −$14 | 30.2 bp −$302 | doesn't fit | doesn't fit |
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 price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International235.00cheapestArcus235.87+0.370%Gate235.95+0.404%Kraken Futures235.97+0.412%QFEX235.98+0.417%Nado236.00+0.425%
Coinbase International
Arcus
Gate
Kraken Futures
QFEX
NadoPhoenix236.00+0.426%
edgeX236.05+0.449%Entropy236.06+0.451%Polymarket Perps236.06+0.451%KuCoin236.08+0.460%Aster236.09+0.465%tradeXYZ236.10+0.468%Deribit236.10+0.468%Extended236.12+0.478%HTX236.14+0.485%BloFin236.14+0.485%Variational Omni236.15+0.488%Bitget236.16+0.494%SoDEX236.16+0.494%SunX236.17+0.498%Binance236.17+0.499%
Entropy
Polymarket Perps
KuCoin
Aster
tradeXYZ
Deribit
Extended
HTX
BloFin
Variational Omni
Bitget
SoDEX
SunX
BinanceAevo236.18+0.502%
Bybit236.18+0.502%Orderly236.18+0.502%Phemex236.21+0.515%OKX236.22+0.519%Ondo Perps236.25+0.532%Lighter236.34+0.570%Vest236.40+0.596%
Bybit
Orderly
Phemex
OKX
Ondo Perps
Lighter
VestNBIS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International NBIS-PERP-INTX | −0.499% | +0.0120% | 1h | $371K | $558K | 10x | as long as short |
| Arcus NBIS-USD | −0.131% | +0.0040% | 1h | $41K | $93K | 5x | as long as short |
| Gate NBIS_USDT | −0.097% | 0.0000% | 8h | $3.0M | $4.7M | 50x | as long as short |
| Kraken Futures PF_NBISUSD | −0.089% | −0.0084% | 1h | $25K | $10K | 20x | as long as short |
| QFEX NBIS-USD | −0.084% | +0.0037% | 1h | $1.3M | $4.6M | 10x | as long as short |
| Nado NBIS-PERP | −0.077% | +0.0244% | 1h | $30K | $65K | 3x | as long as short |
| Phoenix NBISshort | −0.076% | +0.0270% | 1h | $7K | $178K | 10x | |
| edgeX NBISUSDC | −0.053% | +0.0374% | 4h | $38K | $237K | 10x | as long as short |
| Entropy io:NBIS | −0.050% | +0.0279% | 1h | $10.3M | $3.2M | 10x | as long as short |
| Polymarket Perps NBIS-USD | −0.050% | +0.0050% | 1h | $129K | $532K | 10x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin NBISUSDTM | −0.042% | +0.0100% | 8h | $498K | $21K | 20x | as long as short |
| Aster NBISUSDT | −0.036% | +0.0127% | 8h | $111K | $238K | 50x | as long as short |
| tradeXYZ xyz:NBIS | −0.033% | +0.0178% | 1h | $54.8M | $20.7M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | −0.033% | 0.0000% | 1h | $36K | $88K | 10x | as long as short |
| Extended NBIS-USD | −0.023% | +0.0008% | 1h | $139K | $696K | 10x | as long as short |
| HTX NBIS-USDT | −0.017% | 0.0000% | 8h | $15K | $115K | 20x | as long as short |
| BloFin NBIS-USDT | −0.017% | −0.0014% | 8h | $216K | $212K | 20x | as long as short |
| Variational Omni NBIS | −0.014% | 0.0000% | 8h | $2.9M | $887K | — | as long as short |
| Bitget NBISUSDT | −0.008% | 0.0000% | 8h | $2.6M | $4.4M | 20x | as long as short |
| SoDEX NBIS-USD | −0.008% | +0.0050% | 1h | $113 | $20K | 10x | as long as short |
| SunX NBIS-USDT | −0.004% | 0.0000% | 8h | $1K | $1.7M | 10x | as long as short |
| Binance NBISUSDT | −0.003% | +0.0009% | 8h | $21.2M | $74.7M | 25x | as long as short |
| Aevo NBIS-PERPlong | 0.000% | +0.0104% | 1h | — | — | 10x | |
| Bybit NBISUSDT | 0.000% | 0.0000% | 8h | $5.3M | $5.8M | 50x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | 0.000% | +0.0100% | 8h | $2K | $4K | 10x | as long as short |
| Phemex NBISUSDT | +0.013% | 0.0000% | 8h | $1.6M | $853K | 10x | as long as short |
| OKX NBIS-USDT-SWAP | +0.017% | 0.0000% | 8h | $3.5M | $15.7M | 25x | as long as short |
| Ondo Perps NBIS-USD.P | +0.030% | +0.0050% | 1h | $158K | $485K | 10x | as long as short |
| Lighter NBIS | +0.068% | +0.0288% | 1h | $1.0M | $4.3M | 10x | as long as short |
| Vest NBIS-USD-PERP | +0.094% | +0.0046% | 1h | — | $188K | 5x | as long as short |