Spread before costs (cost unknown: a leg has no order-book sample)+0.190%
7d average—if it closes, per $10,000$19funding while held, a day+$0.09
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget NBISUSDT | 236.88 | 0 | get 0.0000% / 8h | 5h 09m | $2.6M | $4.5M | 20x |
| Short | Deribit NBIS_USDC-PERPETUAL | 237.33 | 0.0003 | get 0.0000% / 1h | 9m 43s | $36K | $88K | 10x |
Bitget NBISUSDT
Deribit NBIS_USDC-PERPETUALPrice 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
- $19
- Funding while held
- $0.09
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $0.08
- Spread needed to break even
- 0.190%
Slippage unknown: Bitget: live order book, 5 min ago; Deribit: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0003%
- Per $10,000 a day
- +$0.09
- 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 Bitget live order book, 5 min ago | 2.32 bp | 13.5 bp −$14 | 24.7 bp −$247 | 42.8 bp −$4,285 | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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.Bitget236.88cheapest
tradeXYZ236.93+0.021%Lighter237.02+0.059%KuCoin237.07+0.080%Entropy237.09+0.089%Kraken Futures237.11+0.096%Binance237.11+0.097%Bybit237.11+0.097%Nado237.12+0.099%Extended237.12+0.103%Gate237.13+0.106%Arcus237.17+0.122%Aster237.20+0.137%OKX237.21+0.139%Phemex237.23+0.148%QFEX237.27+0.165%Polymarket Perps237.29+0.173%Aevo237.31+0.182%
tradeXYZ
Lighter
KuCoin
Entropy
Kraken Futures
Binance
Bybit
Nado
Extended
Gate
Arcus
Aster
OKX
Phemex
QFEX
Polymarket Perps
AevoDeribit237.33+0.190%
SoDEX237.36+0.203%Orderly237.41+0.224%edgeX237.46+0.246%Coinbase International237.62+0.312%Vest237.65+0.325%Phoenix237.82+0.397%SunX237.84+0.405%Variational Omni237.88+0.420%Ondo Perps237.88+0.422%BloFin237.91+0.435%HTX237.95+0.452%
SoDEX
Orderly
Coinbase International
Vest
Phoenix
SunX
Variational Omni
Ondo Perps
BloFin
HTXNBIS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget NBISUSDTlong | 0.000% | 0.0000% | 8h | $2.6M | $4.5M | 20x | |
| tradeXYZ xyz:NBIS | +0.021% | +0.0202% | 1h | $55.2M | $20.9M | 10x | as long as short |
| Lighter NBIS | +0.059% | +0.0304% | 1h | $1.0M | $4.4M | 10x | as long as short |
| KuCoin NBISUSDTM | +0.080% | +0.0100% | 8h | $500K | $21K | 20x | as long as short |
| Entropy io:NBIS | +0.089% | +0.0277% | 1h | $10.4M | $3.2M | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.096% | −0.0084% | 1h | $25K | $11K | 20x | as long as short |
| Binance NBISUSDT | +0.097% | 0.0000% | 8h | $21.3M | $77.5M | 25x | as long as short |
| Bybit NBISUSDT | +0.097% | 0.0000% | 8h | $5.4M | $5.9M | 50x | as long as short |
| Nado NBIS-PERP | +0.099% | +0.0202% | 1h | $30K | $65K | 3x | as long as short |
| Extended NBIS-USD | +0.103% | 0.0000% | 1h | $139K | $697K | 10x | as long as short |