Spread before costs (cost unknown: a leg has no order-book sample)0.000%
7d average—if it closes, per $10,000$0funding while held, a day+$1.39
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit NBISUSDT | 236.25 | 0 | get 0.0000% / 8h | 5h 46m | $5.3M | $5.8M | 50x |
| Short | Deribit NBIS_USDC-PERPETUAL | 236.25 | 0.0046 | get 0.0006% / 1h | 46m 00s | $36K | $88K | 10x |
Bybit 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
- $0
- Funding while held
- $1.39
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$16.61
- Spread needed to break even
- 0.180%
Slippage unknown: Bybit: live order book, 3 min ago; Deribit: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0046%
- Per $10,000 a day
- +$1.39
- 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 Bybit live order book, 3 min ago | 2.12 bp | 10.7 bp −$11 | 37.3 bp −$373 | 266.4 bp −$26.6K | 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.Coinbase International235.00cheapestBloFin235.81+0.345%Phoenix236.00+0.426%Nado236.08+0.458%HTX236.10+0.468%Kraken Futures236.13+0.479%Entropy236.13+0.481%Arcus236.13+0.481%KuCoin236.13+0.481%Variational Omni236.15+0.488%Aevo236.17+0.498%Orderly236.17+0.498%Gate236.18+0.502%SunX236.19+0.506%Aster236.22+0.520%QFEX236.23+0.523%Bitget236.23+0.523%Extended236.23+0.525%tradeXYZ236.24+0.528%Binance236.24+0.528%
Coinbase International
BloFin
Phoenix
Nado
HTX
Kraken Futures
Entropy
Arcus
KuCoin
Variational Omni
Aevo
Orderly
Gate
SunX
Aster
QFEX
Bitget
Extended
tradeXYZ
BinanceBybit236.25+0.532%
OKX236.25+0.532%Ondo Perps236.25+0.532%
OKX
Ondo PerpsDeribit236.25+0.532%
edgeX236.28+0.543%Polymarket Perps236.31+0.557%SoDEX236.34+0.570%Phemex236.38+0.587%Lighter236.49+0.634%Vest236.55+0.660%
Polymarket Perps
SoDEX
Phemex
Lighter
VestNBIS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International NBIS-PERP-INTX | −0.529% | +0.0120% | 1h | $371K | $558K | 10x | as long as short |
| BloFin NBIS-USDT | −0.186% | −0.0021% | 8h | $215K | $212K | 20x | as long as short |
| Phoenix NBIS | −0.106% | +0.0270% | 1h | $7K | $178K | 10x | as long as short |
| Nado NBIS-PERP | −0.073% | +0.0237% | 1h | $30K | $65K | 3x | as long as short |
| HTX NBIS-USDT | −0.063% | 0.0000% | 8h | $15K | $115K | 20x | as long as short |
| Kraken Futures PF_NBISUSD | −0.053% | −0.0084% | 1h | $25K | $10K | 20x | as long as short |
| Entropy io:NBIS | −0.051% | +0.0310% | 1h | $10.3M | $3.2M | 10x | as long as short |
| Arcus NBIS-USD | −0.051% | +0.0040% | 1h | $41K | $93K | 5x | as long as short |
| KuCoin NBISUSDTM | −0.051% | +0.0100% | 8h | $498K | $21K | 20x | as long as short |
| Variational Omni NBIS | −0.044% | 0.0000% | 8h | $2.9M | $887K | — | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aevo NBIS-PERP | −0.034% | +0.0104% | 1h | — | — | 10x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | −0.034% | +0.0100% | 8h | $2K | $4K | 10x | as long as short |
| Gate NBIS_USDT | −0.030% | 0.0000% | 8h | $3.0M | $4.7M | 50x | as long as short |
| SunX NBIS-USDT | −0.025% | 0.0000% | 8h | $1K | $1.7M | 10x | as long as short |
| Aster NBISUSDT | −0.012% | +0.0121% | 8h | $110K | $238K | 50x | as long as short |
| QFEX NBIS-USD | −0.008% | +0.0037% | 1h | $1.3M | $4.6M | 10x | as long as short |
| Bitget NBISUSDT | −0.008% | 0.0000% | 8h | $2.6M | $4.4M | 20x | as long as short |
| Extended NBIS-USD | −0.007% | +0.0008% | 1h | $139K | $696K | 10x | as long as short |
| tradeXYZ xyz:NBIS | −0.004% | +0.0202% | 1h | $54.9M | $20.7M | 10x | as long as short |
| Binance NBISUSDT | −0.004% | +0.0005% | 8h | $21.1M | $74.8M | 25x | as long as short |
| Bybit NBISUSDTlong | 0.000% | 0.0000% | 8h | $5.3M | $5.8M | 50x | |
| OKX NBIS-USDT-SWAP | 0.000% | 0.0000% | 8h | $3.5M | $15.7M | 25x | as long as short |
| Ondo Perps NBIS-USD.P | 0.000% | +0.0050% | 1h | $158K | $485K | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUALshort | 0.000% | +0.0046% | 1h | $36K | $88K | 10x | |
| edgeX NBISUSDC | +0.011% | +0.0918% | 4h | $38K | $238K | 10x | as long as short |
| Polymarket Perps NBIS-USD | +0.025% | +0.0050% | 1h | $129K | $532K | 10x | as long as short |
| SoDEX NBIS-USD | +0.038% | +0.0050% | 1h | $118 | $20K | 10x | as long as short |
| Phemex NBISUSDT | +0.055% | 0.0000% | 8h | $1.6M | $856K | 10x | as long as short |
| Lighter NBIS | +0.102% | +0.0360% | 1h | $1.0M | $4.3M | 10x | as long as short |
| Vest NBIS-USD-PERP | +0.127% | +0.0046% | 1h | — | $188K | 5x | as long as short |