Spread before costs (cost unknown: a leg has no order-book sample)−0.068%
7d average—if it closes, per $10,000$7funding while held, a day−$1.21
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus NBIS-USD | 233.59 | 0.0040 | pay 0.0005% / 1h | 9m 19s | $41K | $93K | 5x |
| Short | HTX NBIS-USDT | 233.43 | 0 | get 0.0000% / 8h | 7h 09m | $18K | $109K | 20x |
Arcus NBIS-USD
HTX NBIS-USDTPrice 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
- −$6.85
- Funding while held
- −$1.21
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$24.56
- Spread needed to break even
- 0.165%
Slippage unknown: Arcus: no order-book sample; HTX: live order book, 61 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0040%
- Per $10,000 a day
- −$1.21
- 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 Arcus no order-book sample | — | — | — | — | — |
| Sell HTX live order book, 61 min ago | 3.41 bp | 10.2 bp −$10 | 34.5 bp −$345 | doesn't fit | doesn't fit |
Arcus: 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 International233.33cheapestKraken Futures233.41+0.034%
Coinbase International
Kraken FuturesHTX233.43+0.043%
Entropy233.47+0.060%BloFin233.49+0.069%Deribit233.50+0.073%edgeX233.51+0.079%KuCoin233.52+0.081%Nado233.56+0.098%Variational Omni233.59+0.110%Binance233.59+0.111%
Entropy
BloFin
Deribit
KuCoin
Nado
Variational Omni
BinanceArcus233.59+0.111%
Bybit233.60+0.116%Bitget233.60+0.116%Extended233.61+0.120%Phemex233.63+0.129%Aevo233.63+0.129%OKX233.64+0.133%tradeXYZ233.66+0.141%Orderly233.66+0.141%Gate233.68+0.150%SoDEX233.69+0.154%Aster233.70+0.159%SunX233.71+0.163%Lighter233.76+0.184%Polymarket Perps233.76+0.184%Phoenix233.76+0.184%QFEX233.77+0.189%Ondo Perps233.85+0.223%Vest234.09+0.326%
Bybit
Bitget
Extended
Phemex
Aevo
OKX
tradeXYZ
Orderly
Gate
SoDEX
Aster
SunX
Lighter
Polymarket Perps
Phoenix
QFEX
Ondo Perps
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 | −0.111% | +0.0416% | 1h | $369K | $538K | 10x | as long as short |
| Kraken Futures PF_NBISUSD | −0.078% | −0.0094% | 1h | $25K | $13K | 20x | as long as short |
| HTX NBIS-USDTshort | −0.068% | 0.0000% | 8h | $18K | $109K | 20x | |
| Entropy io:NBIS | −0.051% | +0.0291% | 1h | $10.2M | $3.1M | 10x | as long as short |
| BloFin NBIS-USDT | −0.043% | +0.0052% | 8h | $215K | $196K | 20x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | −0.039% | 0.0000% | 1h | $35K | $87K | 10x | as long as short |
| edgeX NBISUSDC | −0.032% | +0.0593% | 4h | $37K | $235K | 10x | as long as short |
| KuCoin NBISUSDTM | −0.030% | +0.0100% | 8h | $498K | $19K | 20x | as long as short |
| Nado NBIS-PERP | −0.013% | +0.0264% | 1h | $29K | $65K | 3x | as long as short |
| Variational Omni NBIS | −0.001% | +0.0007% | 8h | $2.8M | $781K | — | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance NBISUSDT | 0.000% | +0.0046% | 8h | $21.7M | $69.3M | 25x | as long as short |
| Arcus NBIS-USDlong | 0.000% | +0.0040% | 1h | $41K | $93K | 5x | |
| Bybit NBISUSDT | +0.004% | 0.0000% | 8h | $5.2M | $5.5M | 50x | as long as short |
| Bitget NBISUSDT | +0.004% | 0.0000% | 8h | $2.6M | $4.1M | 20x | as long as short |
| Extended NBIS-USD | +0.009% | +0.0048% | 1h | $160K | $675K | 10x | as long as short |
| Phemex NBISUSDT | +0.017% | 0.0000% | 8h | $1.6M | $813K | 10x | as long as short |
| Aevo NBIS-PERP | +0.017% | +0.0104% | 1h | — | — | 10x | as long as short |
| OKX NBIS-USDT-SWAP | +0.021% | 0.0000% | 8h | $3.5M | $14.8M | 25x | as long as short |
| tradeXYZ xyz:NBIS | +0.030% | +0.0088% | 1h | $54.7M | $19.6M | 10x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.030% | +0.0100% | 8h | $2K | $4K | 10x | as long as short |
| Gate NBIS_USDT | +0.039% | 0.0000% | 8h | $2.9M | $4.5M | 50x | as long as short |
| SoDEX NBIS-USD | +0.043% | +0.0050% | 1h | $117 | $20K | 10x | as long as short |
| Aster NBISUSDT | +0.047% | +0.0161% | 8h | $103K | $206K | 50x | as long as short |
| SunX NBIS-USDT | +0.051% | 0.0000% | 8h | $1K | $1.7M | 10x | as long as short |
| Lighter NBIS | +0.073% | +0.0184% | 1h | $1.0M | $4.3M | 10x | as long as short |
| Polymarket Perps NBIS-USD | +0.073% | +0.0050% | 1h | $129K | $520K | 10x | as long as short |
| Phoenix NBIS | +0.073% | +0.0274% | 1h | $7K | $168K | 10x | as long as short |
| QFEX NBIS-USD | +0.077% | +0.0046% | 1h | $1.3M | $4.3M | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.111% | +0.0050% | 1h | $156K | $473K | 10x | as long as short |
| Vest NBIS-USD-PERP | +0.214% | +0.0046% | 1h | — | $133K | 5x | as long as short |