After costs, if the gap returns to its 7d average, $10k−$4
spread now+0.311%7d average−0.006%fees + slippage, in and out−$36spread needed0.361%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance NBISUSDT | 228.31 | 0.0036 | pay 0.0036% / 8h | 1h 25m | $21.8M | $52.2M | 25x |
| Short | Polymarket Perps NBIS-USD | 229.02 | 0.0050 | get 0.0006% / 1h | 25m 46s | $118K | $500K | 10x |
Binance NBISUSDT
Polymarket Perps 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
- $31.1
- Funding while held
- $0.41
- Slippage, 4 orders
- −$18.15
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$4.64
- Spread needed to break even
- 0.361%
Slippage from Binance: live order book, 3 min ago; Polymarket Perps: live order book, 28 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0014%
- Per $10,000 a day
- +$0.41
- 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, 3 min ago | 1.31 bp | 10.2 bp −$10 | 18.6 bp −$186 | 75.6 bp −$7,560 | doesn't fit |
| Sell Polymarket Perps live order book, 28 min ago | 3.12 bp | 7.1 bp −$7 | 7.7 bp −$77 | 52.4 bp −$5,240 | doesn't fit |
NBIS price on every exchange
against the cheapest. Click to use as the short leg.tradeXYZ228.23cheapestBitget228.27+0.018%Extended228.29+0.025%OKX228.30+0.031%Entropy228.31+0.035%
tradeXYZ
Bitget
Extended
OKX
EntropyBinance228.31+0.035%
Deribit228.31+0.035%KuCoin228.33+0.044%Bybit228.35+0.053%Phemex228.35+0.053%Gate228.39+0.070%SoDEX228.40+0.074%Nado228.42+0.082%Kraken Futures228.44+0.090%SunX228.44+0.092%Aevo228.45+0.095%Orderly228.45+0.096%Lighter228.47+0.105%edgeX228.47+0.106%Aster228.57+0.149%BloFin228.74+0.223%Vest228.78+0.241%Coinbase International228.82+0.259%Phoenix228.93+0.307%Variational Omni228.93+0.308%
Deribit
KuCoin
Bybit
Phemex
Gate
SoDEX
Nado
Kraken Futures
SunX
Aevo
Orderly
Lighter
Aster
BloFin
Vest
Coinbase International
Phoenix
Variational OmniPolymarket Perps229.02+0.346%
Arcus229.03+0.351%QFEX229.09+0.377%Ondo Perps229.26+0.451%HTX229.28+0.460%
Arcus
QFEX
Ondo Perps
HTXNBIS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:NBIS | −0.035% | +0.0158% | 1h | $54.9M | $17.1M | 10x | as long as short |
| Bitget NBISUSDT | −0.018% | 0.0000% | 8h | $2.4M | $3.2M | 20x | as long as short |
| Extended NBIS-USD | −0.010% | +0.0040% | 1h | $166K | $694K | 10x | as long as short |
| OKX NBIS-USDT-SWAP | −0.004% | +0.0080% | 8h | $3.4M | $11.4M | 25x | as long as short |
| Entropy io:NBIS | 0.000% | +0.0420% | 1h | $10.0M | $2.6M | 10x | as long as short |
| Binance NBISUSDTlong | 0.000% | +0.0036% | 8h | $21.8M | $52.2M | 25x | |
| Deribit NBIS_USDC-PERPETUAL | 0.000% | 0.0000% | 1h | $34K | $84K | 10x | as long as short |
| KuCoin NBISUSDTM | +0.009% | +0.0100% | 8h | $482K | $14K | 20x | as long as short |
| Bybit NBISUSDT | +0.018% | +0.0092% | 8h | $5.1M | $4.4M | 50x | as long as short |
| Phemex NBISUSDT | +0.018% | 0.0000% | 8h | $1.6M | $747K | 10x | as long as short |