Spread before costs (cost unknown: a leg has no order-book sample)+0.120%
7d average—if it closes, per $10,000$12funding while held, a day+$1.50
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget NBISUSDT | 232.57 | 0 | get 0.0000% / 8h | 6h 42m | $2.6M | $4.3M | 20x |
| Short | SoDEX NBIS-USD | 232.85 | 0.0050 | get 0.0006% / 1h | 42m 43s | $93 | $20K | 10x |
Bitget NBISUSDT
SoDEX 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
- $12.04
- Funding while held
- $1.5
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$6.46
- Spread needed to break even
- 0.200%
Slippage unknown: Bitget: live order book, 2 min ago; SoDEX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0050%
- Per $10,000 a day
- +$1.50
- 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, 2 min ago | 2.15 bp | 15.9 bp −$16 | 28.1 bp −$281 | 46.7 bp −$4,675 | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: 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.Arcus232.44cheapestKuCoin232.53+0.039%
Arcus
KuCoinBitget232.57+0.056%
OKX232.58+0.060%Bybit232.61+0.073%Extended232.63+0.081%Binance232.66+0.095%tradeXYZ232.70+0.112%Gate232.72+0.120%Lighter232.74+0.129%Nado232.76+0.140%Phemex232.77+0.142%Aster232.77+0.143%Kraken Futures232.78+0.145%Deribit232.80+0.155%SunX232.85+0.176%
OKX
Bybit
Extended
Binance
tradeXYZ
Gate
Lighter
Nado
Phemex
Aster
Kraken Futures
Deribit
SunXSoDEX232.85+0.176%
Aevo232.87+0.184%Polymarket Perps232.89+0.194%HTX232.89+0.194%BloFin232.89+0.194%Ondo Perps232.90+0.198%Orderly232.90+0.198%QFEX232.98+0.232%Entropy233.05+0.262%edgeX233.14+0.299%Vest233.31+0.374%Coinbase International233.33+0.383%Variational Omni233.43+0.427%Phoenix233.77+0.572%
Aevo
Polymarket Perps
HTX
BloFin
Ondo Perps
Orderly
QFEX
Entropy
Vest
Coinbase International
Variational Omni
PhoenixNBIS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Arcus NBIS-USD | −0.056% | +0.0040% | 1h | $41K | $93K | 5x | as long as short |
| KuCoin NBISUSDTM | −0.017% | +0.0100% | 8h | $496K | $19K | 20x | as long as short |
| Bitget NBISUSDTlong | 0.000% | 0.0000% | 8h | $2.6M | $4.3M | 20x | |
| OKX NBIS-USDT-SWAP | +0.004% | 0.0000% | 8h | $3.5M | $15.0M | 25x | as long as short |
| Bybit NBISUSDT | +0.017% | 0.0000% | 8h | $5.2M | $5.6M | 50x | as long as short |
| Extended NBIS-USD | +0.026% | +0.0024% | 1h | $160K | $673K | 10x | as long as short |
| Binance NBISUSDT | +0.039% | +0.0024% | 8h | $21.2M | $71.4M | 25x | as long as short |
| tradeXYZ xyz:NBIS | +0.056% | +0.0050% | 1h | $53.9M | $20.1M | 10x | as long as short |
| Gate NBIS_USDT | +0.064% | 0.0000% | 8h | $2.9M | $4.6M | 50x | as long as short |
| Lighter NBIS | +0.073% | +0.0128% | 1h | $1.0M | $4.3M | 10x | as long as short |