Spread before costs (cost unknown: a leg has no order-book sample)−0.498%
7d average−0.105%if it closes, per $10,000$50funding while held, a day−$13.26
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International NBIS-PERP-INTX | 228.82 | 0.0480 | pay 0.0060% / 1h | 28m 43s | $375K | $192K | 10x |
| Short | Variational Omni NBIS | 227.68 | 0.0038 | get 0.0038% / 8h | 1h 28m | $2.8M | $694K | — |
Coinbase International NBIS-PERP-INTX
Variational Omni 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
- −$49.76
- Funding while held
- −$13.26
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$73.02
- Spread needed to break even
- 0.100%
Slippage unknown: Coinbase International: live order book, 26 min ago; Variational Omni: RFQ quote, 2 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0442%
- Per $10,000 a day
- −$13.26
- 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 Coinbase International live order book, 26 min ago | 9.16 bp | 14.3 bp −$14 | 21.8 bp −$218 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 2 min ago | 4.62 bp | doesn't fit | 48.5 bp −$485 | doesn't fit | doesn't fit |
NBIS price on every exchange
against the cheapest. Click to use as the short leg.edgeX227.35cheapest
Variational Omni227.68+0.145%
HTX227.86+0.224%Deribit227.98+0.277%Aevo228.22+0.382%SoDEX228.23+0.387%Orderly228.28+0.409%KuCoin228.29+0.413%Kraken Futures228.29+0.415%SunX228.31+0.422%Entropy228.35+0.440%Phemex228.38+0.453%Extended228.39+0.458%BloFin228.44+0.479%Gate228.51+0.510%Phoenix228.54+0.523%tradeXYZ228.71+0.598%Arcus228.72+0.602%Lighter228.73+0.607%Aster228.74+0.611%Binance228.74+0.611%Polymarket Perps228.75+0.615%Bybit228.76+0.620%Bitget228.80+0.637%Nado228.80+0.638%
HTX
Deribit
Aevo
SoDEX
Orderly
KuCoin
Kraken Futures
SunX
Entropy
Phemex
Extended
BloFin
Gate
Phoenix
tradeXYZ
Arcus
Lighter
Aster
Binance
Polymarket Perps
Bybit
Bitget
NadoCoinbase International228.82+0.646%
QFEX228.84+0.655%OKX228.85+0.659%Ondo Perps228.88+0.673%Vest228.91+0.686%
QFEX
OKX
Ondo Perps
VestNBIS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| edgeX NBISUSDC | −0.642% | +0.0837% | 4h | $36K | $236K | 10x | as long as short |
| Variational Omni NBISshort | −0.498% | +0.0038% | 8h | $2.8M | $694K | — | |
| HTX NBIS-USDT | −0.420% | 0.0000% | 8h | $34K | $64K | 20x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | −0.367% | −0.0101% | 1h | $32K | $82K | 10x | as long as short |
| Aevo NBIS-PERP | −0.262% | +0.0104% | 1h | — | — | 10x | as long as short |
| SoDEX NBIS-USD | −0.258% | +0.0050% | 1h | $59 | $20K | 10x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | −0.236% | +0.0100% | 8h | $2K | $4K | 10x | as long as short |
| KuCoin NBISUSDTM | −0.232% | +0.0100% | 8h | $482K | $14K | 20x | as long as short |
| Kraken Futures PF_NBISUSD | −0.230% | +0.0253% | 1h | $25K | $12K | 20x | as long as short |
| SunX NBIS-USDT | −0.223% | 0.0000% | 8h | $1K | $1.3M | 10x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Entropy io:NBIS | −0.205% | +0.0431% | 1h | $10.0M | $2.5M | 10x | as long as short |
| Phemex NBISUSDT | −0.192% | 0.0000% | 8h | $1.6M | $745K | 10x | as long as short |
| Extended NBIS-USD | −0.187% | +0.0040% | 1h | $166K | $694K | 10x | as long as short |
| BloFin NBIS-USDT | −0.166% | +0.0019% | 8h | $210K | $165K | 20x | as long as short |
| Gate NBIS_USDT | −0.135% | 0.0000% | 8h | $3.1M | $3.5M | 50x | as long as short |
| Phoenix NBIS | −0.122% | +0.0355% | 1h | $7K | $118K | 10x | as long as short |
| tradeXYZ xyz:NBIS | −0.048% | +0.0154% | 1h | $55.0M | $17.0M | 10x | as long as short |
| Arcus NBIS-USD | −0.044% | +0.0243% | 1h | $32K | $58K | 5x | as long as short |
| Lighter NBIS | −0.039% | +0.0200% | 1h | $1.6M | $2.8M | 10x | as long as short |
| Aster NBISUSDT | −0.035% | +0.0077% | 8h | $76K | $129K | 50x | as long as short |
| Binance NBISUSDT | −0.035% | +0.0036% | 8h | $21.8M | $51.7M | 25x | as long as short |
| Polymarket Perps NBIS-USD | −0.031% | +0.0050% | 1h | $118K | $500K | 10x | as long as short |
| Bybit NBISUSDT | −0.026% | +0.0092% | 8h | $5.2M | $4.3M | 50x | as long as short |
| Bitget NBISUSDT | −0.009% | 0.0000% | 8h | $2.4M | $3.2M | 20x | as long as short |
| Nado NBIS-PERP | −0.008% | +0.0228% | 1h | $29K | $65K | 3x | as long as short |
| Coinbase International NBIS-PERP-INTXlong | 0.000% | +0.0480% | 1h | $375K | $192K | 10x | |
| QFEX NBIS-USD | +0.009% | +0.0050% | 1h | $1.3M | $3.8M | 10x | as long as short |
| OKX NBIS-USDT-SWAP | +0.013% | +0.0085% | 8h | $3.4M | $11.2M | 25x | as long as short |
| Ondo Perps NBIS-USD.P | +0.026% | +0.0050% | 1h | $157K | $371K | 10x | as long as short |
| Vest NBIS-USD-PERP | +0.039% | +0.0046% | 1h | — | $77K | 5x | as long as short |