After costs, if the gap returns to its 7d average, $10k−$60
spread now0.000%7d average+0.033%fees + slippage, in and out−$56spread needed0.564%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit NBISUSDT | 234.15 | 0.0037 | pay 0.0037% / 8h | 30m 43s | $5.3M | $4.9M | 50x |
| Short | Entropy io:NBIS | 234.15 | 0.0213 | get 0.0027% / 1h | 30m 43s | $10.3M | $3.0M | 10x |
Bybit NBISUSDT
Entropy io:NBISPrice 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
- $5.27
- Slippage, 4 orders
- −$27.43
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Entropy: 9 bp × 2 orders
- −$18
- Net
- −$51.17
- Spread needed to break even
- 0.564%
Slippage from Bybit: live order book, 4 min ago; Entropy: live order book, 8 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0176%
- Per $10,000 a day
- +$5.27
- 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, 4 min ago | 2.77 bp | 14.8 bp −$15 | 44.2 bp −$442 | 269.0 bp −$26.9K | doesn't fit |
| Sell Entropy live order book, 8 min ago | 1.92 bp | 13.8 bp −$14 | 18.5 bp −$185 | doesn't fit | doesn't fit |
NBIS price on every exchange
against the cheapest. Click to use as the short leg.tradeXYZ233.93cheapestLighter234.03+0.043%Bitget234.03+0.043%Kraken Futures234.11+0.076%OKX234.11+0.077%Gate234.11+0.077%Nado234.11+0.077%Binance234.12+0.081%KuCoin234.13+0.085%
tradeXYZ
Lighter
Bitget
Kraken Futures
OKX
Gate
Nado
Binance
KuCoinEntropy234.15+0.094%
Bybit234.15+0.094%
Arcus234.16+0.098%Deribit234.17+0.103%Extended234.18+0.108%Variational Omni234.19+0.110%Polymarket Perps234.21+0.120%Orderly234.21+0.120%Aster234.22+0.124%SoDEX234.23+0.128%Phemex234.24+0.133%BloFin234.24+0.133%Aevo234.25+0.136%HTX234.26+0.141%SunX234.27+0.145%QFEX234.29+0.154%Coinbase International234.34+0.175%Ondo Perps234.36+0.184%Phoenix234.66+0.312%Vest234.67+0.316%edgeX234.85+0.393%
Arcus
Deribit
Extended
Variational Omni
Polymarket Perps
Orderly
Aster
SoDEX
Phemex
BloFin
Aevo
HTX
SunX
QFEX
Coinbase International
Ondo Perps
Phoenix
VestNBIS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:NBIS | −0.094% | +0.0078% | 1h | $54.9M | $19.1M | 10x | as long as short |
| Lighter NBIS | −0.051% | +0.0112% | 1h | $1.0M | $4.1M | 10x | as long as short |
| Bitget NBISUSDT | −0.051% | 0.0000% | 8h | $2.4M | $3.6M | 20x | as long as short |
| Kraken Futures PF_NBISUSD | −0.018% | +0.0022% | 1h | $25K | $12K | 20x | as long as short |
| OKX NBIS-USDT-SWAP | −0.017% | +0.0022% | 8h | $3.5M | $13.3M | 25x | as long as short |
| Gate NBIS_USDT | −0.017% | 0.0000% | 8h | $3.0M | $4.0M | 50x | as long as short |
| Nado NBIS-PERP | −0.017% | +0.0203% | 1h | $29K | $65K | 3x | as long as short |
| Binance NBISUSDT | −0.013% | +0.0052% | 8h | $21.7M | $62.1M | 25x | as long as short |
| KuCoin NBISUSDTM | −0.009% | +0.0100% | 8h | $499K | $18K | 20x | as long as short |
| Entropy io:NBISshort | 0.000% | +0.0213% | 1h | $10.3M | $3.0M | 10x |