Spread before costs (cost unknown: a leg has no order-book sample)−0.059%
7d average—if it closes, per $10,000$6funding while held, a day−$1.68
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended NBIS-USD | 234.63 | 0.0056 | pay 0.0007% / 1h | 34m 10s | $171K | $693K | 10x |
| Short | Deribit NBIS_USDC-PERPETUAL | 234.49 | 0 | get 0.0000% / 1h | 34m 10s | $35K | $84K | 10x |
Extended NBIS-USD
Deribit NBIS_USDC-PERPETUALPrice 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
- −$5.94
- Funding while held
- −$1.68
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$19.62
- Spread needed to break even
- 0.120%
Slippage unknown: Extended: live order book, 15 min ago; Deribit: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0056%
- Per $10,000 a day
- −$1.68
- 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 Extended live order book, 15 min ago | 4.11 bp | 14.4 bp −$14 | 107.1 bp −$1,071 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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.Phoenix233.95cheapestKraken Futures234.44+0.210%Entropy234.46+0.218%edgeX234.48+0.226%
Phoenix
Kraken Futures
EntropyDeribit234.49+0.231%
Phemex234.51+0.239%Arcus234.55+0.256%Orderly234.56+0.261%KuCoin234.58+0.269%SoDEX234.58+0.269%Bitget234.60+0.278%Lighter234.62+0.286%Bybit234.62+0.286%Polymarket Perps234.62+0.286%SunX234.62+0.286%
Phemex
Arcus
Orderly
KuCoin
SoDEX
Bitget
Lighter
Bybit
Polymarket Perps
SunXExtended234.63+0.290%
Aster234.64+0.295%tradeXYZ234.65+0.299%Gate234.65+0.299%Binance234.65+0.301%Ondo Perps234.67+0.308%Nado234.68+0.312%Aevo234.69+0.318%QFEX234.72+0.329%OKX234.79+0.359%BloFin234.87+0.393%Variational Omni234.89+0.401%HTX234.94+0.423%Coinbase International234.99+0.445%Vest235.13+0.504%
Aster
tradeXYZ
Gate
Binance
Ondo Perps
Nado
Aevo
QFEX
OKX
BloFin
Variational Omni
HTX
Coinbase International
VestNBIS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phoenix NBIS | −0.290% | +0.0279% | 1h | $7K | $159K | 10x | as long as short |
| Kraken Futures PF_NBISUSD | −0.080% | +0.0022% | 1h | $25K | $12K | 20x | as long as short |
| Entropy io:NBIS | −0.072% | +0.0180% | 1h | $10.3M | $2.9M | 10x | as long as short |
| edgeX NBISUSDC | −0.065% | +0.0219% | 4h | $38K | $236K | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUALshort | −0.059% | 0.0000% | 1h | $35K | $84K | 10x | |
| Phemex NBISUSDT | −0.051% | 0.0000% | 8h | $1.6M | $777K | 10x | as long as short |
| Arcus NBIS-USD | −0.034% | +0.0040% | 1h | $40K | $81K | 5x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | −0.030% | +0.0100% | 8h | $2K | $4K | 10x | as long as short |
| KuCoin NBISUSDTM | −0.021% | +0.0100% | 8h | $500K | $18K | 20x | as long as short |
| SoDEX NBIS-USD | −0.021% | +0.0050% | 1h | $66 | $20K | 10x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget NBISUSDT | −0.013% | 0.0000% | 8h | $2.4M | $3.5M | 20x | as long as short |
| Lighter NBIS | −0.004% | +0.0104% | 1h | $1.0M | $4.0M | 10x | as long as short |
| Bybit NBISUSDT | −0.004% | +0.0041% | 8h | $5.3M | $4.8M | 50x | as long as short |
| Polymarket Perps NBIS-USD | −0.004% | +0.0050% | 1h | $125K | $508K | 10x | as long as short |
| SunX NBIS-USDT | −0.004% | 0.0000% | 8h | $894 | $1.6M | 10x | as long as short |
| Extended NBIS-USDlong | 0.000% | +0.0056% | 1h | $171K | $693K | 10x | |
| Aster NBISUSDT | +0.005% | +0.0159% | 8h | $96K | $169K | 50x | as long as short |
| tradeXYZ xyz:NBIS | +0.009% | +0.0072% | 1h | $55.2M | $18.9M | 10x | as long as short |
| Gate NBIS_USDT | +0.009% | 0.0000% | 8h | $3.0M | $4.0M | 50x | as long as short |
| Binance NBISUSDT | +0.010% | +0.0052% | 8h | $21.7M | $61.4M | 25x | as long as short |
| Ondo Perps NBIS-USD.P | +0.017% | +0.0050% | 1h | $155K | $453K | 10x | as long as short |
| Nado NBIS-PERP | +0.022% | +0.0192% | 1h | $30K | $65K | 3x | as long as short |
| Aevo NBIS-PERP | +0.028% | +0.0104% | 1h | — | — | 10x | as long as short |
| QFEX NBIS-USD | +0.039% | +0.0036% | 1h | $1.3M | $4.1M | 10x | as long as short |
| OKX NBIS-USDT-SWAP | +0.068% | +0.0024% | 8h | $3.5M | $13.2M | 25x | as long as short |
| BloFin NBIS-USDT | +0.103% | +0.0072% | 8h | $215K | $190K | 20x | as long as short |
| Variational Omni NBIS | +0.110% | +0.0050% | 8h | $2.8M | $765K | — | as long as short |
| HTX NBIS-USDT | +0.132% | 0.0000% | 8h | $18K | $109K | 20x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.154% | +0.0528% | 1h | $360K | $494K | 10x | as long as short |
| Vest NBIS-USD-PERP | +0.213% | +0.0046% | 1h | — | $131K | 5x | as long as short |