After costs, if the gap returns to its 7d average, $10k−$53
spread now−0.031%7d average−0.035%fees + slippage, in and out−$53spread needed0.531%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate NBIS_USDT | 228.82 | 0 | get 0.0000% / 8h | 1h 29m | $3.1M | $3.5M | 50x |
| Short | Polymarket Perps NBIS-USD | 228.75 | 0.0050 | get 0.0006% / 1h | 29m 33s | $118K | $500K | 10x |
Gate NBIS_USDT
Polymarket Perps 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
- −$3.06
- Funding while held
- $1.5
- Slippage, 4 orders
- −$30.14
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$54.7
- Spread needed to break even
- 0.531%
Slippage from Gate: live order book, 5 min ago; Polymarket Perps: live order book, 25 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0050%
- Per $10,000 a day
- +$1.50
- 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, 5 min ago | 4.40 bp | 19.0 bp −$19 | 31.9 bp −$319 | 57.2 bp −$5,722 | doesn't fit |
| Sell Polymarket Perps live order book, 25 min ago | 3.12 bp | 7.1 bp −$7 | 7.7 bp −$77 | 52.4 bp −$5,240 | doesn't fit |
NBIS price on every exchange
against the cheapest. Click to use as the short leg.edgeX227.35cheapestVariational Omni227.68+0.145%HTX227.86+0.224%Entropy228.39+0.457%Kraken Futures228.52+0.513%Phoenix228.54+0.523%Deribit228.56+0.532%Aevo228.60+0.551%SunX228.63+0.563%Orderly228.65+0.571%SoDEX228.65+0.571%KuCoin228.71+0.598%Arcus228.72+0.602%Bitget228.72+0.602%tradeXYZ228.73+0.607%
Variational Omni
HTX
Entropy
Kraken Futures
Phoenix
Deribit
Aevo
SunX
Orderly
SoDEX
KuCoin
Arcus
Bitget
tradeXYZPolymarket Perps228.75+0.615%
Phemex228.78+0.629%Extended228.79+0.634%Lighter228.80+0.637%Nado228.80+0.638%BloFin228.81+0.642%Aster228.81+0.642%
Phemex
Extended
Lighter
Nado
BloFin
AsterGate228.82+0.646%
Coinbase International228.82+0.646%QFEX228.84+0.655%Bybit228.86+0.664%Ondo Perps228.88+0.673%Binance228.89+0.677%Vest228.91+0.686%OKX228.96+0.708%
Coinbase International
QFEX
Bybit
Ondo Perps
Binance
Vest
OKXNBIS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| edgeX NBISUSDC | −0.642% | +0.0837% | 4h | $36K | $236K | 10x | as long as short |
| Variational Omni NBIS | −0.498% | +0.0038% | 8h | $2.8M | $694K | — | as long as short |
| HTX NBIS-USDT | −0.420% | 0.0000% | 8h | $34K | $64K | 20x | as long as short |
| Entropy io:NBIS | −0.188% | +0.0431% | 1h | $10.0M | $2.5M | 10x | as long as short |
| Kraken Futures PF_NBISUSD | −0.132% | +0.0253% | 1h | $25K | $11K | 20x | as long as short |
| Phoenix NBIS | −0.122% | +0.0355% | 1h | $7K | $118K | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | −0.114% | 0.0000% | 1h | $33K | $82K | 10x | as long as short |
| Aevo NBIS-PERP | −0.095% | +0.0104% | 1h | — | — | 10x | as long as short |
| SunX NBIS-USDT | −0.083% | 0.0000% | 8h | $1K | $1.3M | 10x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | −0.074% | +0.0100% | 8h | $2K | $4K | 10x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX NBIS-USD | −0.074% | +0.0050% | 1h | $55 | $20K | 10x | as long as short |
| KuCoin NBISUSDTM | −0.048% | +0.0100% | 8h | $483K | $14K | 20x | as long as short |
| Arcus NBIS-USD | −0.044% | +0.0243% | 1h | $32K | $58K | 5x | as long as short |
| Bitget NBISUSDT | −0.044% | 0.0000% | 8h | $2.4M | $3.1M | 20x | as long as short |
| tradeXYZ xyz:NBIS | −0.039% | +0.0151% | 1h | $55.0M | $16.9M | 10x | as long as short |
| Polymarket Perps NBIS-USDshort | −0.031% | +0.0050% | 1h | $118K | $500K | 10x | |
| Phemex NBISUSDT | −0.017% | 0.0000% | 8h | $1.6M | $745K | 10x | as long as short |
| Extended NBIS-USD | −0.012% | +0.0040% | 1h | $166K | $694K | 10x | as long as short |
| Lighter NBIS | −0.009% | +0.0216% | 1h | $1.6M | $2.8M | 10x | as long as short |
| Nado NBIS-PERP | −0.008% | +0.0228% | 1h | $29K | $65K | 3x | as long as short |
| BloFin NBIS-USDT | −0.004% | +0.0030% | 8h | $212K | $165K | 20x | as long as short |
| Aster NBISUSDT | −0.004% | +0.0075% | 8h | $76K | $129K | 50x | as long as short |
| Gate NBIS_USDTlong | 0.000% | 0.0000% | 8h | $3.1M | $3.5M | 50x | |
| Coinbase International NBIS-PERP-INTX | 0.000% | +0.0480% | 1h | $375K | $192K | 10x | as long as short |
| QFEX NBIS-USD | +0.009% | +0.0050% | 1h | $1.3M | $3.8M | 10x | as long as short |
| Bybit NBISUSDT | +0.017% | +0.0090% | 8h | $5.2M | $4.3M | 50x | as long as short |
| Ondo Perps NBIS-USD.P | +0.026% | +0.0050% | 1h | $157K | $371K | 10x | as long as short |
| Binance NBISUSDT | +0.031% | +0.0037% | 8h | $21.9M | $51.4M | 25x | as long as short |
| Vest NBIS-USD-PERP | +0.039% | +0.0046% | 1h | — | $77K | 5x | as long as short |
| OKX NBIS-USDT-SWAP | +0.061% | +0.0088% | 8h | $3.4M | $11.2M | 25x | as long as short |