Spread before costs (cost unknown: a leg has no order-book sample)−0.060%
7d average—if it closes, per $10,000$6funding while held, a day−$5.67
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Entropy io:NBIS | 234.31 | 0.0239 | pay 0.0030% / 1h | 23m 36s | $10.3M | $3.0M | 10x |
| Short | SoDEX NBIS-USD | 234.17 | 0.0050 | get 0.0006% / 1h | 23m 36s | $61 | $20K | 10x |
Price 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
- −$5.97
- Funding while held
- −$5.67
- Slippage, 4 orders
- no order book: not counted
- Fee Entropy: 9 bp × 2 orders
- −$18
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$37.64
- Spread needed to break even
- 0.260%
Slippage unknown: Entropy: live order book, 5 min ago; SoDEX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0189%
- Per $10,000 a day
- −$5.67
- 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 Entropy live order book, 5 min ago | 1.92 bp | 14.9 bp −$15 | 22.4 bp −$224 | doesn't fit | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: 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.NBIS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado NBIS-PERP | −0.164% | +0.0213% | 1h | $29K | $65K | 3x | as long as short |
| Kraken Futures PF_NBISUSD | −0.150% | +0.0022% | 1h | $25K | $12K | 20x | as long as short |
| HTX NBIS-USDT | −0.137% | 0.0000% | 8h | $18K | $109K | 20x | as long as short |
| Polymarket Perps NBIS-USD | −0.115% | +0.0050% | 1h | $124K | $508K | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | −0.090% | +0.0006% | 1h | $35K | $86K | 10x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | −0.081% | +0.0100% | 8h | $2K | $4K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | −0.073% | +0.0050% | 1h | $155K | $457K | 10x | as long as short |
| KuCoin NBISUSDTM | −0.060% | +0.0100% | 8h | $500K | $18K | 20x | as long as short |
| SoDEX NBIS-USDshort | −0.060% | +0.0050% | 1h | $61 | $20K | 10x | |
| Arcus NBIS-USD | −0.034% | +0.0040% | 1h | $39K | $81K | 5x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aevo NBIS-PERP | −0.020% | +0.0104% | 1h | — | — | 10x | as long as short |
| tradeXYZ xyz:NBIS | −0.017% | +0.0073% | 1h | $54.9M | $19.2M | 10x | as long as short |
| SunX NBIS-USDT | −0.013% | 0.0000% | 8h | $972 | $1.6M | 10x | as long as short |
| Gate NBIS_USDT | −0.009% | 0.0000% | 8h | $3.0M | $4.0M | 50x | as long as short |
| Phemex NBISUSDT | −0.004% | 0.0000% | 8h | $1.6M | $782K | 10x | as long as short |
| Entropy io:NBISlong | 0.000% | +0.0239% | 1h | $10.3M | $3.0M | 10x | |
| Aster NBISUSDT | 0.000% | +0.0157% | 8h | $100K | $185K | 50x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.013% | +0.0528% | 1h | $349K | $510K | 10x | as long as short |
| Lighter NBIS | +0.030% | +0.0104% | 1h | $1.0M | $4.1M | 10x | as long as short |
| edgeX NBISUSDC | +0.031% | +0.0396% | 4h | $38K | $235K | 10x | as long as short |
| Extended NBIS-USD | +0.033% | +0.0056% | 1h | $171K | $693K | 10x | as long as short |
| Bybit NBISUSDT | +0.034% | +0.0030% | 8h | $5.3M | $5.0M | 50x | as long as short |
| Binance NBISUSDT | +0.042% | +0.0053% | 8h | $21.8M | $63.3M | 25x | as long as short |
| OKX NBIS-USDT-SWAP | +0.051% | +0.0024% | 8h | $3.6M | $13.7M | 25x | as long as short |
| Bitget NBISUSDT | +0.060% | 0.0000% | 8h | $2.7M | $3.8M | 20x | as long as short |
| Variational Omni NBIS | +0.073% | +0.0042% | 8h | $2.8M | $774K | — | as long as short |
| Vest NBIS-USD-PERP | +0.149% | +0.0046% | 1h | — | $132K | 5x | as long as short |
| QFEX NBIS-USD | +0.162% | +0.0036% | 1h | $1.3M | $4.1M | 10x | as long as short |
| Phoenix NBIS | +0.188% | +0.0279% | 1h | $7K | $159K | 10x | as long as short |
| BloFin NBIS-USDT | +0.235% | +0.0051% | 8h | $216K | $191K | 20x | as long as short |
SoDEX NBIS-USD
Kraken Futures
HTX
Polymarket Perps
Deribit
KuCoin
tradeXYZ
SunX
Gate
Phemex
Aster
Coinbase International
Lighter
Extended
Bybit
Binance
OKX
Bitget
Variational Omni
Phoenix
BloFin