Spread before costs (cost unknown: a leg has no order-book sample)+0.124%
7d average—if it closes, per $10,000$12funding while held, a day+$3.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit NBISUSDT | 233.44 | 0 | get 0.0000% / 8h | 6h 29m | $5.2M | $5.6M | 50x |
| Short | Orderly PERP_NBIS_USDC_mythos | 233.73 | 0.0100 | get 0.0100% / 8h | 6h 29m | $2K | $4K | 10x |
Bybit NBISUSDT
Orderly PERP_NBIS_USDC_mythosPrice 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
- $12.42
- Funding while held
- $3
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$1.58
- Spread needed to break even
- 0.170%
Slippage unknown: Bybit: live order book, 5 min ago; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0100%
- Per $10,000 a day
- +$3.00
- 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, 5 min ago | 2.35 bp | 14.6 bp −$15 | 46.5 bp −$465 | 308.5 bp −$30.9K | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 Omni233.30cheapestBitget233.30+0.001%KuCoin233.31+0.005%Gate233.32+0.010%Coinbase International233.33+0.014%OKX233.34+0.018%tradeXYZ233.35+0.022%QFEX233.38+0.035%Binance233.38+0.036%Kraken Futures233.38+0.037%Entropy233.40+0.044%Extended233.40+0.046%Lighter233.44+0.061%
Variational Omni
Bitget
KuCoin
Gate
Coinbase International
OKX
tradeXYZ
QFEX
Binance
Kraken Futures
Entropy
Extended
LighterBybit233.44+0.061%
Arcus233.44+0.061%Aster233.48+0.079%BloFin233.50+0.087%Nado233.51+0.092%Ondo Perps233.53+0.100%SunX233.57+0.117%Deribit233.57+0.117%SoDEX233.58+0.121%Polymarket Perps233.60+0.130%Phemex233.62+0.138%Aevo233.63+0.141%Phoenix233.65+0.151%
Arcus
Aster
BloFin
Nado
Ondo Perps
SunX
Deribit
SoDEX
Polymarket Perps
Phemex
Aevo
PhoenixOrderly233.73+0.185%
edgeX233.86+0.241%HTX233.88+0.250%Vest233.93+0.271%
HTX
VestNBIS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni NBIS | −0.061% | 0.0000% | 8h | $2.8M | $791K | — | as long as short |
| Bitget NBISUSDT | −0.060% | 0.0000% | 8h | $2.6M | $4.3M | 20x | as long as short |
| KuCoin NBISUSDTM | −0.056% | +0.0100% | 8h | $498K | $19K | 20x | as long as short |
| Gate NBIS_USDT | −0.051% | 0.0000% | 8h | $2.9M | $4.6M | 50x | as long as short |
| Coinbase International NBIS-PERP-INTX | −0.047% | +0.0272% | 1h | $369K | $538K | 10x | as long as short |
| OKX NBIS-USDT-SWAP | −0.043% | 0.0000% | 8h | $3.5M | $15.1M | 25x | as long as short |
| tradeXYZ xyz:NBIS | −0.039% | +0.0050% | 1h | $54.1M | $20.3M | 10x | as long as short |
| QFEX NBIS-USD | −0.026% | +0.0042% | 1h | $1.3M | $4.4M | 10x | as long as short |
| Binance NBISUSDT | −0.025% | +0.0028% | 8h | $21.0M | $72.1M | 25x | as long as short |
| Kraken Futures PF_NBISUSD | −0.024% | −0.0163% | 1h | $25K | $10K | 20x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Entropy io:NBIS | −0.017% | +0.0168% | 1h | $10.2M | $3.2M | 10x | as long as short |
| Extended NBIS-USD | −0.015% | +0.0032% | 1h | $160K | $673K | 10x | as long as short |
| Lighter NBIS | 0.000% | +0.0128% | 1h | $1.0M | $4.3M | 10x | as long as short |
| Bybit NBISUSDTlong | 0.000% | 0.0000% | 8h | $5.2M | $5.6M | 50x | |
| Arcus NBIS-USD | 0.000% | +0.0040% | 1h | $41K | $93K | 5x | as long as short |
| Aster NBISUSDT | +0.018% | +0.0137% | 8h | $103K | $218K | 50x | as long as short |
| BloFin NBIS-USDT | +0.026% | +0.0036% | 8h | $214K | $199K | 20x | as long as short |
| Nado NBIS-PERP | +0.031% | +0.0196% | 1h | $29K | $65K | 3x | as long as short |
| Ondo Perps NBIS-USD.P | +0.039% | +0.0050% | 1h | $156K | $476K | 10x | as long as short |
| SunX NBIS-USDT | +0.056% | 0.0000% | 8h | $1K | $1.7M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.056% | 0.0000% | 1h | $36K | $88K | 10x | as long as short |
| SoDEX NBIS-USD | +0.060% | +0.0050% | 1h | $107 | $20K | 10x | as long as short |
| Polymarket Perps NBIS-USD | +0.069% | +0.0050% | 1h | $129K | $520K | 10x | as long as short |
| Phemex NBISUSDT | +0.077% | 0.0000% | 8h | $1.6M | $828K | 10x | as long as short |
| Aevo NBIS-PERP | +0.080% | +0.0104% | 1h | — | — | 10x | as long as short |
| Phoenix NBIS | +0.090% | +0.0274% | 1h | $7K | $173K | 10x | as long as short |
| Orderly PERP_NBIS_USDC_mythosshort | +0.124% | +0.0100% | 8h | $2K | $4K | 10x | |
| edgeX NBISUSDC | +0.180% | +0.0432% | 4h | $38K | $237K | 10x | as long as short |
| HTX NBIS-USDT | +0.188% | 0.0000% | 8h | $18K | $109K | 20x | as long as short |
| Vest NBIS-USD-PERP | +0.210% | +0.0046% | 1h | — | $141K | 5x | as long as short |