Spread before costs (cost unknown: a leg has no order-book sample)+0.116%
7d average—if it closes, per $10,000$12funding while held, a day+$1.55
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance NBISUSDT | 232.19 | 0.0048 | pay 0.0048% / 8h | 7h 38m | $21.5M | $67.2M | 25x |
| Short | Orderly PERP_NBIS_USDC_mythos | 232.46 | 0.0100 | get 0.0100% / 8h | 7h 38m | $2K | $4K | 10x |
Binance NBISUSDT
Orderly PERP_NBIS_USDC_mythosPrice 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
- $11.61
- Funding while held
- $1.55
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$2.84
- Spread needed to break even
- 0.160%
Slippage unknown: Binance: live order book, 5 min ago; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0052%
- Per $10,000 a day
- +$1.55
- 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, 5 min ago | 0.86 bp | 9.5 bp −$10 | 27.5 bp −$275 | 66.6 bp −$6,657 | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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.Binance232.19cheapest
Nado232.26+0.032%Kraken Futures232.27+0.034%Arcus232.28+0.039%tradeXYZ232.31+0.051%KuCoin232.34+0.064%Aster232.37+0.076%Lighter232.38+0.082%Gate232.41+0.095%Deribit232.41+0.095%Polymarket Perps232.43+0.103%Bitget232.44+0.107%Extended232.44+0.109%Bybit232.45+0.112%Ondo Perps232.45+0.112%BloFin232.45+0.112%
Nado
Kraken Futures
Arcus
tradeXYZ
KuCoin
Aster
Lighter
Gate
Deribit
Polymarket Perps
Bitget
Extended
Bybit
Ondo Perps
BloFinOrderly232.46+0.116%
SunX232.46+0.116%Aevo232.47+0.119%SoDEX232.47+0.120%Variational Omni232.47+0.121%QFEX232.48+0.125%edgeX232.51+0.137%OKX232.54+0.151%Entropy232.55+0.155%Phemex232.57+0.163%HTX232.63+0.189%Vest232.65+0.198%Phoenix232.81+0.267%Coinbase International233.69+0.646%
SunX
Aevo
SoDEX
Variational Omni
QFEX
OKX
Entropy
Phemex
HTX
Vest
Phoenix
Coinbase InternationalNBIS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance NBISUSDTlong | 0.000% | +0.0048% | 8h | $21.5M | $67.2M | 25x | |
| Nado NBIS-PERP | +0.032% | +0.0267% | 1h | $29K | $65K | 3x | as long as short |
| Kraken Futures PF_NBISUSD | +0.034% | −0.0095% | 1h | $25K | $12K | 20x | as long as short |
| Arcus NBIS-USD | +0.039% | +0.0040% | 1h | $39K | $82K | 5x | as long as short |
| tradeXYZ xyz:NBIS | +0.051% | +0.0107% | 1h | $54.4M | $19.7M | 10x | as long as short |
| KuCoin NBISUSDTM | +0.064% | +0.0100% | 8h | $496K | $19K | 20x | as long as short |
| Aster NBISUSDT | +0.076% | +0.0154% | 8h | $103K | $199K | 50x | as long as short |
| Lighter NBIS | +0.082% | +0.0184% | 1h | $1.0M | $4.2M | 10x | as long as short |
| Gate NBIS_USDT | +0.095% | 0.0000% | 8h | $2.9M | $4.3M | 50x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.095% | +0.0224% | 1h | $34K | $86K | 10x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Polymarket Perps NBIS-USD | +0.103% | +0.0050% | 1h | $124K | $513K | 10x | as long as short |
| Bitget NBISUSDT | +0.107% | 0.0000% | 8h | $2.6M | $4.0M | 20x | as long as short |
| Extended NBIS-USD | +0.109% | +0.0048% | 1h | $160K | $675K | 10x | as long as short |
| Bybit NBISUSDT | +0.112% | 0.0000% | 8h | $5.2M | $5.2M | 50x | as long as short |
| Ondo Perps NBIS-USD.P | +0.112% | +0.0050% | 1h | $155K | $463K | 10x | as long as short |
| BloFin NBIS-USDT | +0.112% | +0.0056% | 8h | $216K | $195K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythosshort | +0.116% | +0.0100% | 8h | $2K | $4K | 10x | |
| SunX NBIS-USDT | +0.116% | 0.0000% | 8h | $1K | $1.7M | 10x | as long as short |
| Aevo NBIS-PERP | +0.119% | +0.0104% | 1h | — | — | 10x | as long as short |
| SoDEX NBIS-USD | +0.120% | +0.0050% | 1h | $84 | $20K | 10x | as long as short |
| Variational Omni NBIS | +0.121% | +0.0023% | 8h | $2.8M | $781K | — | as long as short |
| QFEX NBIS-USD | +0.125% | +0.0046% | 1h | $1.3M | $4.2M | 10x | as long as short |
| edgeX NBISUSDC | +0.137% | +0.0446% | 4h | $37K | $235K | 10x | as long as short |
| OKX NBIS-USDT-SWAP | +0.151% | +0.0004% | 8h | $3.5M | $14.2M | 25x | as long as short |
| Entropy io:NBIS | +0.155% | +0.0305% | 1h | $10.2M | $3.1M | 10x | as long as short |
| Phemex NBISUSDT | +0.163% | 0.0000% | 8h | $1.6M | $805K | 10x | as long as short |
| HTX NBIS-USDT | +0.189% | 0.0000% | 8h | $18K | $109K | 20x | as long as short |
| Vest NBIS-USD-PERP | +0.198% | +0.0046% | 1h | — | $133K | 5x | as long as short |
| Phoenix NBIS | +0.267% | +0.0274% | 1h | $7K | $168K | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.646% | +0.0416% | 1h | $371K | $539K | 10x | as long as short |