After costs, if the gap returns to its 7d average, $10k−$38
spread now+0.125%7d average+0.106%fees + slippage, in and out−$40spread needed0.400%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended NBIS-USD | 223.77 | 0 | get 0.0000% / 1h | 28m 45s | $168K | $689K | 10x |
| Short | Lighter NBIS | 224.05 | 0.0392 | get 0.0049% / 1h | 28m 45s | $1.6M | $2.2M | 10x |
Extended NBIS-USD
Lighter 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
- $12.46
- Funding while held
- $11.76
- Slippage, 4 orders
- −$35.03
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$15.81
- Spread needed to break even
- 0.400%
Slippage from Extended: live order book, 31 min ago; Lighter: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0392%
- Per $10,000 a day
- +$11.76
- 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, 31 min ago | 2.00 bp | 11.9 bp −$12 | 86.3 bp −$863 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 5 min ago | 1.55 bp | 5.6 bp −$6 | 16.7 bp −$167 | 96.0 bp −$9,602 | doesn't fit |
NBIS price on every exchange
against the cheapest. Click to use as the short leg.Extended223.77cheapest
OKX223.79+0.008%Bitget223.85+0.035%Binance223.93+0.072%
OKX
Bitget
BinanceLighter224.05+0.125%
tradeXYZ224.14+0.165%Bybit224.15+0.169%Gate224.25+0.214%Arcus224.26+0.218%Deribit224.51+0.330%Aster224.58+0.360%Phemex224.80+0.460%SoDEX224.81+0.464%BloFin224.95+0.527%Entropy224.98+0.540%Aevo225.01+0.554%SunX225.11+0.598%Orderly225.16+0.621%Coinbase International225.64+0.835%Kraken Futures225.92+0.962%Variational Omni225.98+0.985%Ondo Perps226.03+1.009%Vest226.07+1.027%HTX226.08+1.032%edgeX226.15+1.061%Phoenix226.15+1.063%KuCoin226.38+1.166%QFEX226.75+1.331%Polymarket Perps226.84+1.371%Nado226.85+1.375%
tradeXYZ
Bybit
Gate
Arcus
Deribit
Aster
Phemex
SoDEX
BloFin
Entropy
Aevo
SunX
Orderly
Coinbase International
Kraken Futures
Variational Omni
Ondo Perps
Vest
HTX
Phoenix
KuCoin
QFEX
Polymarket Perps
NadoNBIS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended NBIS-USDlong | 0.000% | 0.0000% | 1h | $168K | $689K | 10x | |
| OKX NBIS-USDT-SWAP | +0.008% | +0.0091% | 8h | $3.1M | $6.0M | 25x | as long as short |
| Bitget NBISUSDT | +0.035% | 0.0000% | 8h | $2.4M | $2.4M | 20x | as long as short |
| Binance NBISUSDT | +0.072% | +0.0003% | 8h | $20.8M | $31.6M | 25x | as long as short |
| Lighter NBISshort | +0.125% | +0.0392% | 1h | $1.6M | $2.2M | 10x | |
| tradeXYZ xyz:NBIS | +0.165% | +0.0284% | 1h | $53.5M | $13.8M | 10x | as long as short |
| Bybit NBISUSDT | +0.169% | +0.0151% | 8h | $5.2M | $2.7M | 50x | as long as short |
| Gate NBIS_USDT | +0.214% | 0.0000% | 8h | $3.3M | $2.3M | 50x | as long as short |
| Arcus NBIS-USD | +0.218% | +0.0293% | 1h | $35K | $29K | 5x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.330% | −0.1218% | 1h | $29K | $50K | 10x | as long as short |