Spread before costs (cost unknown: a leg has no order-book sample)+0.315%
7d average—if it closes, per $10,000$32funding while held, a day+$7.28
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit NBIS_USDC-PERPETUAL | 228.31 | 0 | get 0.0000% / 1h | 25m 58s | $34K | $84K | 10x |
| Short | Arcus NBIS-USD | 229.03 | 0.0243 | get 0.0030% / 1h | 25m 58s | $32K | $58K | 5x |
Deribit NBIS_USDC-PERPETUAL
Arcus NBIS-USDPrice 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
- $31.54
- Funding while held
- $7.28
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- $27.31
- Spread needed to break even
- 0.115%
Slippage unknown: Deribit: no order-book sample; Arcus: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0243%
- Per $10,000 a day
- +$7.28
- 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Arcus no order-book sample | — | — | — | — | — |
Deribit and Arcus: 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 Omni227.68cheapestExtended228.29+0.266%Bitget228.29+0.267%Bybit228.30+0.272%
Variational Omni
Extended
Bitget
BybitDeribit228.31+0.276%
Phemex228.35+0.294%tradeXYZ228.36+0.298%Binance228.36+0.298%KuCoin228.36+0.298%OKX228.39+0.311%SoDEX228.40+0.316%Nado228.42+0.324%Gate228.43+0.329%Kraken Futures228.44+0.332%SunX228.44+0.333%Aevo228.45+0.336%Orderly228.45+0.338%Lighter228.47+0.346%edgeX228.47+0.347%Aster228.60+0.402%Entropy228.66+0.430%BloFin228.74+0.465%Vest228.78+0.482%Coinbase International228.82+0.500%Phoenix228.93+0.548%Polymarket Perps229.02+0.588%
Phemex
tradeXYZ
Binance
KuCoin
OKX
SoDEX
Nado
Gate
Kraken Futures
SunX
Aevo
Orderly
Lighter
Aster
Entropy
BloFin
Vest
Coinbase International
Phoenix
Polymarket PerpsArcus229.03+0.592%
QFEX229.09+0.619%Ondo Perps229.26+0.693%HTX229.28+0.702%
QFEX
Ondo Perps
HTXNBIS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni NBIS | −0.275% | +0.0038% | 8h | $2.8M | $694K | — | as long as short |
| Extended NBIS-USD | −0.010% | +0.0040% | 1h | $166K | $694K | 10x | as long as short |
| Bitget NBISUSDT | −0.009% | 0.0000% | 8h | $2.4M | $3.2M | 20x | as long as short |
| Bybit NBISUSDT | −0.004% | +0.0092% | 8h | $5.1M | $4.4M | 50x | as long as short |
| Deribit NBIS_USDC-PERPETUALlong | 0.000% | 0.0000% | 1h | $34K | $84K | 10x | |
| Phemex NBISUSDT | +0.018% | 0.0000% | 8h | $1.6M | $747K | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.022% | +0.0157% | 1h | $55.0M | $17.1M | 10x | as long as short |
| Binance NBISUSDT | +0.022% | +0.0036% | 8h | $21.8M | $52.2M | 25x | as long as short |
| KuCoin NBISUSDTM | +0.022% | +0.0100% | 8h | $482K | $14K | 20x | as long as short |
| OKX NBIS-USDT-SWAP | +0.035% | +0.0080% | 8h | $3.4M | $11.4M | 25x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX NBIS-USD | +0.039% | +0.0050% | 1h | $55 | $20K | 10x | as long as short |
| Nado NBIS-PERP | +0.047% | +0.0223% | 1h | $29K | $65K | 3x | as long as short |
| Gate NBIS_USDT | +0.053% | 0.0000% | 8h | $3.1M | $3.5M | 50x | as long as short |
| Kraken Futures PF_NBISUSD | +0.055% | +0.0253% | 1h | $25K | $12K | 20x | as long as short |
| SunX NBIS-USDT | +0.057% | 0.0000% | 8h | $923 | $1.3M | 10x | as long as short |
| Aevo NBIS-PERP | +0.060% | +0.0104% | 1h | — | — | 10x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.061% | +0.0100% | 8h | $2K | $4K | 10x | as long as short |
| Lighter NBIS | +0.070% | +0.0200% | 1h | $1.6M | $2.9M | 10x | as long as short |
| edgeX NBISUSDC | +0.071% | +0.0083% | 4h | $37K | $234K | 10x | as long as short |
| Aster NBISUSDT | +0.126% | +0.0080% | 8h | $76K | $129K | 50x | as long as short |
| Entropy io:NBIS | +0.153% | +0.0428% | 1h | $10.0M | $2.5M | 10x | as long as short |
| BloFin NBIS-USDT | +0.188% | +0.0009% | 8h | $211K | $166K | 20x | as long as short |
| Vest NBIS-USD-PERP | +0.206% | +0.0046% | 1h | — | $78K | 5x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.223% | +0.0480% | 1h | $375K | $192K | 10x | as long as short |
| Phoenix NBIS | +0.272% | +0.0355% | 1h | $7K | $118K | 10x | as long as short |
| Polymarket Perps NBIS-USD | +0.311% | +0.0050% | 1h | $118K | $500K | 10x | as long as short |
| Arcus NBIS-USDshort | +0.315% | +0.0243% | 1h | $32K | $58K | 5x | |
| QFEX NBIS-USD | +0.342% | +0.0050% | 1h | $1.3M | $3.8M | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.416% | +0.0050% | 1h | $156K | $373K | 10x | as long as short |
| HTX NBIS-USDT | +0.425% | 0.0000% | 8h | $34K | $64K | 20x | as long as short |