Spread before costs (cost unknown: a leg has no order-book sample)−0.077%
7d average—if it closes, per $10,000$8funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate NBIS_USDT | 233.59 | 0 | get 0.0000% / 8h | 6h 49m | $2.9M | $4.5M | 50x |
| Short | Deribit NBIS_USDC-PERPETUAL | 233.41 | 0 | get 0.0000% / 1h | 49m 13s | $35K | $87K | 10x |
Gate NBIS_USDT
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
- −$7.71
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$29.71
- Spread needed to break even
- 0.220%
Slippage unknown: Gate: live order book, just now; Deribit: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 Gate live order book, just now | 2.78 bp | 12.8 bp −$13 | 33.2 bp −$332 | 58.0 bp −$5,801 | 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.Kraken Futures233.33cheapestCoinbase International233.33+0.002%Bitget233.41+0.036%
Kraken Futures
Coinbase International
BitgetDeribit233.41+0.036%
Lighter233.43+0.045%Phemex233.44+0.049%Aevo233.45+0.055%OKX233.47+0.062%Arcus233.49+0.070%Nado233.49+0.072%Extended233.51+0.079%Binance233.52+0.083%Bybit233.52+0.083%Orderly233.53+0.087%tradeXYZ233.55+0.096%KuCoin233.55+0.096%
Lighter
Phemex
Aevo
OKX
Arcus
Nado
Extended
Binance
Bybit
Orderly
tradeXYZ
KuCoinGate233.59+0.113%
BloFin233.59+0.113%Aster233.62+0.127%QFEX233.67+0.147%Polymarket Perps233.67+0.147%SunX233.69+0.156%SoDEX233.70+0.160%Entropy233.85+0.225%Vest234.10+0.332%HTX234.15+0.353%Variational Omni234.16+0.358%Ondo Perps234.18+0.366%Phoenix234.23+0.387%edgeX234.41+0.463%
BloFin
Aster
QFEX
Polymarket Perps
SunX
SoDEX
Entropy
Vest
HTX
Variational Omni
Ondo Perps
PhoenixNBIS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NBISUSD | −0.113% | −0.0163% | 1h | $25K | $13K | 20x | as long as short |
| Coinbase International NBIS-PERP-INTX | −0.111% | +0.0272% | 1h | $369K | $538K | 10x | as long as short |
| Bitget NBISUSDT | −0.077% | 0.0000% | 8h | $2.6M | $4.2M | 20x | as long as short |
| Deribit NBIS_USDC-PERPETUALshort | −0.077% | 0.0000% | 1h | $35K | $87K | 10x | |
| Lighter NBIS | −0.068% | +0.0136% | 1h | $1.0M | $4.3M | 10x | as long as short |
| Phemex NBISUSDT | −0.064% | 0.0000% | 8h | $1.6M | $821K | 10x | as long as short |
| Aevo NBIS-PERP | −0.058% | +0.0104% | 1h | — | — | 10x | as long as short |
| OKX NBIS-USDT-SWAP | −0.051% | 0.0000% | 8h | $3.5M | $14.9M | 25x | as long as short |
| Arcus NBIS-USD | −0.043% | +0.0040% | 1h | $41K | $93K | 5x | as long as short |
| Nado NBIS-PERP | −0.041% | +0.0261% | 1h | $29K | $65K | 3x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended NBIS-USD | −0.034% | +0.0040% | 1h | $160K | $673K | 10x | as long as short |
| Binance NBISUSDT | −0.030% | +0.0037% | 8h | $21.7M | $70.4M | 25x | as long as short |
| Bybit NBISUSDT | −0.030% | 0.0000% | 8h | $5.3M | $5.6M | 50x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | −0.026% | +0.0100% | 8h | $2K | $4K | 10x | as long as short |
| tradeXYZ xyz:NBIS | −0.017% | +0.0050% | 1h | $54.6M | $19.8M | 10x | as long as short |
| KuCoin NBISUSDTM | −0.017% | +0.0100% | 8h | $498K | $19K | 20x | as long as short |
| Gate NBIS_USDTlong | 0.000% | 0.0000% | 8h | $2.9M | $4.5M | 50x | |
| BloFin NBIS-USDT | 0.000% | +0.0062% | 8h | $214K | $198K | 20x | as long as short |
| Aster NBISUSDT | +0.014% | +0.0150% | 8h | $103K | $210K | 50x | as long as short |
| QFEX NBIS-USD | +0.034% | +0.0042% | 1h | $1.3M | $4.4M | 10x | as long as short |
| Polymarket Perps NBIS-USD | +0.034% | +0.0050% | 1h | $129K | $520K | 10x | as long as short |
| SunX NBIS-USDT | +0.043% | 0.0000% | 8h | $971 | $1.7M | 10x | as long as short |
| SoDEX NBIS-USD | +0.047% | +0.0050% | 1h | $89 | $20K | 10x | as long as short |
| Entropy io:NBIS | +0.111% | +0.0260% | 1h | $10.2M | $3.1M | 10x | as long as short |
| Vest NBIS-USD-PERP | +0.218% | +0.0046% | 1h | — | $134K | 5x | as long as short |
| HTX NBIS-USDT | +0.240% | 0.0000% | 8h | $18K | $109K | 20x | as long as short |
| Variational Omni NBIS | +0.244% | +0.0004% | 8h | $2.8M | $792K | — | as long as short |
| Ondo Perps NBIS-USD.P | +0.253% | +0.0050% | 1h | $157K | $476K | 10x | as long as short |
| Phoenix NBIS | +0.274% | +0.0274% | 1h | $7K | $173K | 10x | as long as short |
| edgeX NBISUSDC | +0.350% | +0.0860% | 4h | $38K | $236K | 10x | as long as short |