Spread before costs (cost unknown: a leg has no order-book sample)−0.156%
7d average−0.024%if it closes, per $10,000$16funding while held, a day+$1.51
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit NBISUSDT | 237.22 | 0 | get 0.0000% / 8h | 5h 17m | $5.3M | $5.8M | 50x |
| Short | Ondo Perps NBIS-USD.P | 236.85 | 0.0050 | get 0.0006% / 1h | 17m 10s | $159K | $487K | 10x |
Bybit NBISUSDT
Ondo Perps NBIS-USD.PPrice 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
- −$15.6
- Funding while held
- $1.51
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$30.09
- Spread needed to break even
- 0.160%
Slippage unknown: Bybit: live order book, 2 min ago; Ondo Perps: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0050%
- Per $10,000 a day
- +$1.51
- 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, 2 min ago | 1.69 bp | 12.3 bp −$12 | 43.6 bp −$436 | 309.4 bp −$30.9K | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: 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.Variational Omni236.83cheapest
Variational OmniOndo Perps236.85+0.007%
edgeX236.86+0.011%Arcus236.86+0.011%KuCoin236.86+0.011%SunX236.86+0.011%Coinbase International236.86+0.011%Gate236.91+0.032%Kraken Futures236.92+0.036%Entropy236.98+0.062%QFEX236.98+0.062%HTX236.98+0.062%Phoenix236.99+0.066%Aster237.00+0.069%tradeXYZ237.00+0.070%SoDEX237.01+0.075%Polymarket Perps237.02+0.079%Aevo237.07+0.099%Extended237.07+0.100%Bitget237.10+0.113%Orderly237.10+0.113%Nado237.10+0.113%Deribit237.14+0.130%Binance237.17+0.142%
Arcus
KuCoin
SunX
Coinbase International
Gate
Kraken Futures
Entropy
QFEX
HTX
Phoenix
Aster
tradeXYZ
SoDEX
Polymarket Perps
Aevo
Extended
Bitget
Orderly
Nado
Deribit
BinanceBybit237.22+0.163%
OKX237.22+0.163%Phemex237.25+0.176%BloFin237.26+0.180%Vest237.32+0.206%Lighter237.38+0.231%
OKX
Phemex
BloFin
Vest
LighterNBIS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni NBIS | −0.163% | 0.0000% | 8h | $2.9M | $920K | — | as long as short |
| Ondo Perps NBIS-USD.Pshort | −0.156% | +0.0050% | 1h | $159K | $487K | 10x | |
| edgeX NBISUSDC | −0.152% | +0.0696% | 4h | $38K | $238K | 10x | as long as short |
| Arcus NBIS-USD | −0.152% | +0.0040% | 1h | $41K | $93K | 5x | as long as short |
| KuCoin NBISUSDTM | −0.152% | +0.0100% | 8h | $499K | $21K | 20x | as long as short |
| SunX NBIS-USDT | −0.152% | 0.0000% | 8h | $834 | $1.8M | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | −0.152% | +0.0120% | 1h | $373K | $651K | 10x | as long as short |
| Gate NBIS_USDT | −0.131% | 0.0000% | 8h | $3.0M | $4.8M | 50x | as long as short |
| Kraken Futures PF_NBISUSD | −0.127% | −0.0084% | 1h | $25K | $11K | 20x | as long as short |
| Entropy io:NBIS | −0.101% | +0.0284% | 1h | $10.4M | $3.2M | 10x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| QFEX NBIS-USD | −0.101% | +0.0037% | 1h | $1.3M | $4.7M | 10x | as long as short |
| HTX NBIS-USDT | −0.101% | 0.0000% | 8h | $15K | $115K | 20x | as long as short |
| Phoenix NBIS | −0.097% | +0.0270% | 1h | $7K | $178K | 10x | as long as short |
| Aster NBISUSDT | −0.094% | +0.0101% | 8h | $107K | $245K | 50x | as long as short |
| tradeXYZ xyz:NBIS | −0.093% | +0.0198% | 1h | $55.2M | $20.9M | 10x | as long as short |
| SoDEX NBIS-USD | −0.089% | +0.0050% | 1h | $104 | $20K | 10x | as long as short |
| Polymarket Perps NBIS-USD | −0.084% | +0.0050% | 1h | $130K | $532K | 10x | as long as short |
| Aevo NBIS-PERP | −0.065% | +0.0104% | 1h | — | — | 10x | as long as short |
| Extended NBIS-USD | −0.063% | 0.0000% | 1h | $139K | $697K | 10x | as long as short |
| Bitget NBISUSDT | −0.051% | 0.0000% | 8h | $2.6M | $4.4M | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | −0.051% | +0.0100% | 8h | $2K | $4K | 10x | as long as short |
| Nado NBIS-PERP | −0.050% | +0.0204% | 1h | $30K | $65K | 3x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | −0.034% | +0.0003% | 1h | $36K | $88K | 10x | as long as short |
| Binance NBISUSDT | −0.022% | 0.0000% | 8h | $21.5M | $76.9M | 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 | $16.0M | 25x | as long as short |
| Phemex NBISUSDT | +0.013% | 0.0000% | 8h | $1.6M | $873K | 10x | as long as short |
| BloFin NBIS-USDT | +0.017% | +0.0020% | 8h | $217K | $215K | 20x | as long as short |
| Vest NBIS-USD-PERP | +0.042% | +0.0046% | 1h | — | $208K | 5x | as long as short |
| Lighter NBIS | +0.067% | +0.0312% | 1h | $1.0M | $4.4M | 10x | as long as short |