Spread before costs (cost unknown: a leg has no order-book sample)+0.386%
7d average—if it closes, per $10,000$39funding while held, a day+$7.01
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus NBIS-USD | 232.87 | 0.0040 | pay 0.0005% / 1h | 45m 23s | $41K | $93K | 5x |
| Short | Phoenix NBIS | 233.77 | 0.0274 | get 0.0034% / 1h | 45m 23s | $7K | $173K | 10x |
Arcus NBIS-USD
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
- $38.65
- Funding while held
- $7.01
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $34.16
- Spread needed to break even
- 0.115%
Slippage unknown: Arcus: no order-book sample; Phoenix: live order book, 48 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0234%
- Per $10,000 a day
- +$7.01
- 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 Phoenix live order book, 48 min ago | 4.30 bp | 14.2 bp −$14 | 30.3 bp −$303 | 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.Nado232.85cheapest
NadoArcus232.87+0.007%
Bitget232.87+0.007%Gate232.95+0.042%KuCoin232.98+0.055%Polymarket Perps232.99+0.059%Binance233.00+0.062%QFEX233.00+0.063%tradeXYZ233.01+0.068%Aevo233.02+0.071%Ondo Perps233.02+0.072%Aster233.02+0.074%Extended233.05+0.084%Orderly233.05+0.085%Bybit233.08+0.098%Lighter233.11+0.110%OKX233.17+0.136%BloFin233.19+0.145%Entropy233.29+0.188%Kraken Futures233.31+0.195%Coinbase International233.33+0.205%SoDEX233.36+0.218%Vest233.40+0.235%Deribit233.41+0.239%SunX233.42+0.244%Variational Omni233.43+0.249%Phemex233.46+0.261%HTX233.52+0.287%edgeX233.56+0.302%
Bitget
Gate
KuCoin
Polymarket Perps
Binance
QFEX
tradeXYZ
Aevo
Ondo Perps
Aster
Extended
Orderly
Bybit
Lighter
OKX
BloFin
Entropy
Kraken Futures
Coinbase International
SoDEX
Vest
Deribit
SunX
Variational Omni
Phemex
HTXPhoenix233.77+0.394%
NBIS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado NBIS-PERP | −0.007% | +0.0230% | 1h | $29K | $65K | 3x | as long as short |
| Arcus NBIS-USDlong | 0.000% | +0.0040% | 1h | $41K | $93K | 5x | |
| Bitget NBISUSDT | 0.000% | 0.0000% | 8h | $2.6M | $4.2M | 20x | as long as short |
| Gate NBIS_USDT | +0.034% | 0.0000% | 8h | $2.9M | $4.6M | 50x | as long as short |
| KuCoin NBISUSDTM | +0.047% | +0.0100% | 8h | $497K | $19K | 20x | as long as short |
| Polymarket Perps NBIS-USD | +0.052% | +0.0050% | 1h | $128K | $520K | 10x | as long as short |
| Binance NBISUSDT | +0.054% | +0.0030% | 8h | $21.3M | $71.1M | 25x | as long as short |
| QFEX NBIS-USD | +0.056% | +0.0042% | 1h | $1.3M | $4.4M | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.060% | +0.0050% | 1h | $54.0M | $20.1M | 10x | as long as short |
| Aevo NBIS-PERP | +0.063% | +0.0104% | 1h | — | — | 10x | as long as short |