After costs, if the gap returns to its 7d average, $10k−$84
spread now−0.150%7d average+0.197%fees + slippage, in and out−$50spread needed0.495%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance NBISUSDT | 229.16 | 0.0036 | pay 0.0036% / 8h | 1h 26m | $21.9M | $52.0M | 25x |
| Short | Coinbase International NBIS-PERP-INTX | 228.82 | 0.0480 | get 0.0060% / 1h | 26m 33s | $375K | $192K | 10x |
Binance NBISUSDT
Coinbase International NBIS-PERP-INTXPrice 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
- −$15
- Funding while held
- $13.31
- Slippage, 4 orders
- −$29.52
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$51.21
- Spread needed to break even
- 0.495%
Slippage from Binance: live order book, 2 min ago; Coinbase International: live order book, 28 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0444%
- Per $10,000 a day
- +$13.31
- 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 Binance live order book, 2 min ago | 1.31 bp | 10.2 bp −$10 | 18.6 bp −$186 | 75.6 bp −$7,560 | doesn't fit |
| Sell Coinbase International live order book, 28 min ago | 9.16 bp | 15.9 bp −$16 | 22.1 bp −$221 | doesn't fit | doesn't fit |
NBIS price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni227.68cheapestDeribit228.37+0.302%Nado228.42+0.324%edgeX228.47+0.347%Kraken Futures228.50+0.357%OKX228.53+0.373%Bitget228.63+0.417%SoDEX228.64+0.421%Entropy228.66+0.430%Orderly228.68+0.439%SunX228.68+0.439%Aevo228.71+0.451%Phemex228.72+0.456%BloFin228.74+0.465%Vest228.78+0.482%
Variational Omni
Deribit
Nado
Kraken Futures
OKX
Bitget
SoDEX
Entropy
Orderly
SunX
Aevo
Phemex
BloFin
VestCoinbase International228.82+0.500%
Bybit228.84+0.509%Phoenix228.93+0.548%KuCoin228.94+0.553%Polymarket Perps229.02+0.588%Arcus229.03+0.592%Gate229.03+0.592%tradeXYZ229.04+0.597%Extended229.05+0.600%QFEX229.09+0.619%
Bybit
Phoenix
KuCoin
Polymarket Perps
Arcus
Gate
tradeXYZ
Extended
QFEXBinance229.16+0.651%
Lighter229.17+0.654%Aster229.19+0.661%Ondo Perps229.26+0.693%HTX229.28+0.702%
Lighter
Aster
Ondo Perps
HTXNBIS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni NBIS | −0.647% | +0.0038% | 8h | $2.8M | $694K | — | as long as short |
| Deribit NBIS_USDC-PERPETUAL | −0.346% | 0.0000% | 1h | $32K | $82K | 10x | as long as short |
| Nado NBIS-PERP | −0.325% | +0.0223% | 1h | $29K | $65K | 3x | as long as short |
| edgeX NBISUSDC | −0.302% | +0.0083% | 4h | $37K | $234K | 10x | as long as short |
| Kraken Futures PF_NBISUSD | −0.292% | +0.0253% | 1h | $25K | $12K | 20x | as long as short |
| OKX NBIS-USDT-SWAP | −0.277% | +0.0082% | 8h | $3.4M | $11.4M | 25x | as long as short |
| Bitget NBISUSDT | −0.233% | 0.0000% | 8h | $2.4M | $3.2M | 20x | as long as short |
| SoDEX NBIS-USD | −0.229% | +0.0050% | 1h | $59 | $20K | 10x | as long as short |
| Entropy io:NBIS | −0.220% | +0.0428% | 1h | $10.0M | $2.5M | 10x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | −0.211% | +0.0100% | 8h | $2K | $4K | 10x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX NBIS-USDT | −0.211% | 0.0000% | 8h | $736 | $1.3M | 10x | as long as short |
| Aevo NBIS-PERP | −0.199% | +0.0104% | 1h | — | — | 10x | as long as short |
| Phemex NBISUSDT | −0.194% | 0.0000% | 8h | $1.6M | $746K | 10x | as long as short |
| BloFin NBIS-USDT | −0.185% | +0.0009% | 8h | $211K | $166K | 20x | as long as short |
| Vest NBIS-USD-PERP | −0.167% | +0.0046% | 1h | — | $78K | 5x | as long as short |
| Coinbase International NBIS-PERP-INTXshort | −0.150% | +0.0480% | 1h | $375K | $192K | 10x | |
| Bybit NBISUSDT | −0.141% | +0.0092% | 8h | $5.2M | $4.4M | 50x | as long as short |
| Phoenix NBIS | −0.102% | +0.0355% | 1h | $7K | $118K | 10x | as long as short |
| KuCoin NBISUSDTM | −0.098% | +0.0100% | 8h | $483K | $14K | 20x | as long as short |
| Polymarket Perps NBIS-USD | −0.063% | +0.0050% | 1h | $118K | $500K | 10x | as long as short |
| Arcus NBIS-USD | −0.058% | +0.0243% | 1h | $32K | $58K | 5x | as long as short |
| Gate NBIS_USDT | −0.058% | 0.0000% | 8h | $3.1M | $3.5M | 50x | as long as short |
| tradeXYZ xyz:NBIS | −0.054% | +0.0157% | 1h | $55.1M | $17.1M | 10x | as long as short |
| Extended NBIS-USD | −0.051% | +0.0040% | 1h | $166K | $694K | 10x | as long as short |
| QFEX NBIS-USD | −0.032% | +0.0050% | 1h | $1.3M | $3.8M | 10x | as long as short |
| Binance NBISUSDTlong | 0.000% | +0.0036% | 8h | $21.9M | $52.0M | 25x | |
| Lighter NBIS | +0.003% | +0.0200% | 1h | $1.6M | $2.9M | 10x | as long as short |
| Aster NBISUSDT | +0.010% | +0.0080% | 8h | $76K | $129K | 50x | as long as short |
| Ondo Perps NBIS-USD.P | +0.042% | +0.0050% | 1h | $156K | $373K | 10x | as long as short |
| HTX NBIS-USDT | +0.051% | 0.0000% | 8h | $34K | $64K | 20x | as long as short |