Spread before costs (cost unknown: a leg has no order-book sample)−0.047%
7d average—if it closes, per $10,000$5funding while held, a day−$3.46
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster NBISUSDT | 234.14 | 0.0156 | pay 0.0156% / 8h | 6h 54m | $103K | $209K | 50x |
| Short | Arcus NBIS-USD | 234.03 | 0.0040 | get 0.0005% / 1h | 54m 50s | $41K | $93K | 5x |
Aster NBISUSDT
Arcus NBIS-USDPrice 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
- −$4.71
- Funding while held
- −$3.46
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$20.67
- Spread needed to break even
- 0.125%
Slippage unknown: Aster: live order book, 10 min ago; Arcus: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0115%
- Per $10,000 a day
- −$3.46
- 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 Aster live order book, 10 min ago | 2.13 bp | 10.2 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Arcus no order-book sample | — | — | — | — | — |
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 International233.33cheapestOndo Perps233.81+0.206%KuCoin233.87+0.231%edgeX233.90+0.245%Variational Omni233.92+0.251%Kraken Futures233.97+0.274%Nado234.03+0.299%tradeXYZ234.03+0.300%Entropy234.03+0.300%OKX234.03+0.300%
Coinbase International
Ondo Perps
KuCoin
Variational Omni
Kraken Futures
Nado
tradeXYZ
Entropy
OKXArcus234.03+0.300%
Bybit234.06+0.313%Bitget234.07+0.317%Binance234.08+0.321%Gate234.08+0.321%Extended234.10+0.329%Deribit234.12+0.339%SoDEX234.14+0.347%
Bybit
Bitget
Binance
Gate
Extended
Deribit
SoDEXAster234.14+0.347%
Orderly234.18+0.364%Aevo234.18+0.365%Polymarket Perps234.19+0.369%SunX234.20+0.373%Phoenix234.21+0.377%QFEX234.24+0.390%Phemex234.25+0.394%Lighter234.27+0.403%BloFin234.30+0.416%HTX234.50+0.501%Vest234.52+0.510%
Orderly
Aevo
Polymarket Perps
SunX
Phoenix
QFEX
Phemex
Lighter
BloFin
HTX
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 | −0.346% | +0.0272% | 1h | $369K | $538K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | −0.141% | +0.0050% | 1h | $157K | $475K | 10x | as long as short |
| KuCoin NBISUSDTM | −0.115% | +0.0100% | 8h | $499K | $19K | 20x | as long as short |
| edgeX NBISUSDC | −0.102% | +0.0096% | 4h | $38K | $236K | 10x | as long as short |
| Variational Omni NBIS | −0.096% | +0.0005% | 8h | $2.8M | $781K | — | as long as short |
| Kraken Futures PF_NBISUSD | −0.073% | −0.0163% | 1h | $25K | $13K | 20x | as long as short |
| Nado NBIS-PERP | −0.048% | +0.0294% | 1h | $29K | $65K | 3x | as long as short |
| tradeXYZ xyz:NBIS | −0.047% | +0.0050% | 1h | $54.8M | $19.7M | 10x | as long as short |
| Entropy io:NBIS | −0.047% | +0.0321% | 1h | $10.3M | $3.1M | 10x | as long as short |
| OKX NBIS-USDT-SWAP | −0.047% | 0.0000% | 8h | $3.5M | $15.0M | 25x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Arcus NBIS-USDshort | −0.047% | +0.0040% | 1h | $41K | $93K | 5x | |
| Bybit NBISUSDT | −0.034% | 0.0000% | 8h | $5.3M | $5.6M | 50x | as long as short |
| Bitget NBISUSDT | −0.030% | 0.0000% | 8h | $2.6M | $4.2M | 20x | as long as short |
| Binance NBISUSDT | −0.026% | +0.0041% | 8h | $21.7M | $69.9M | 25x | as long as short |
| Gate NBIS_USDT | −0.026% | 0.0000% | 8h | $2.9M | $4.5M | 50x | as long as short |
| Extended NBIS-USD | −0.018% | +0.0040% | 1h | $160K | $673K | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | −0.009% | +0.0006% | 1h | $35K | $87K | 10x | as long as short |
| SoDEX NBIS-USD | 0.000% | +0.0050% | 1h | $94 | $20K | 10x | as long as short |
| Aster NBISUSDTlong | 0.000% | +0.0156% | 8h | $103K | $209K | 50x | |
| Orderly PERP_NBIS_USDC_mythos | +0.017% | +0.0100% | 8h | $2K | $4K | 10x | as long as short |
| Aevo NBIS-PERP | +0.018% | +0.0104% | 1h | — | — | 10x | as long as short |
| Polymarket Perps NBIS-USD | +0.021% | +0.0050% | 1h | $129K | $520K | 10x | as long as short |
| SunX NBIS-USDT | +0.025% | 0.0000% | 8h | $1K | $1.7M | 10x | as long as short |
| Phoenix NBIS | +0.030% | +0.0274% | 1h | $7K | $173K | 10x | as long as short |
| QFEX NBIS-USD | +0.043% | +0.0042% | 1h | $1.3M | $4.4M | 10x | as long as short |
| Phemex NBISUSDT | +0.047% | 0.0000% | 8h | $1.6M | $818K | 10x | as long as short |
| Lighter NBIS | +0.055% | +0.0128% | 1h | $1.0M | $4.3M | 10x | as long as short |
| BloFin NBIS-USDT | +0.068% | +0.0051% | 8h | $214K | $198K | 20x | as long as short |
| HTX NBIS-USDT | +0.154% | 0.0000% | 8h | $18K | $109K | 20x | as long as short |
| Vest NBIS-USD-PERP | +0.162% | +0.0046% | 1h | — | $134K | 5x | as long as short |