Spread before costs (cost unknown: a leg has no order-book sample)+0.015%
7d average—if it closes, per $10,000$1funding while held, a day−$5.20
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_NBISUSD | 228.65 | 0.0253 | pay 0.0032% / 1h | 21m 08s | $25K | $12K | 20x |
| Short | OKX NBIS-USDT-SWAP | 228.68 | 0.0080 | get 0.0080% / 8h | 1h 21m | $3.4M | $11.5M | 25x |
Kraken Futures PF_NBISUSD
OKX NBIS-USDT-SWAPPrice 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
- $1.5
- Funding while held
- −$5.2
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$23.7
- Spread needed to break even
- 0.200%
Slippage unknown: Kraken Futures: no order-book sample; OKX: live order book, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0173%
- Per $10,000 a day
- −$5.20
- 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell OKX live order book, 4 min ago | 1.75 bp | 11.1 bp −$11 | 32.1 bp −$321 | doesn't fit | doesn't fit |
Kraken Futures: 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.Nado228.58cheapestArcus228.58+0.002%Phoenix228.62+0.019%
Nado
Arcus
PhoenixKraken Futures228.65+0.030%
Binance228.65+0.032%tradeXYZ228.67+0.041%
Binance
tradeXYZOKX228.68+0.045%
Bybit228.69+0.050%Bitget228.72+0.063%Extended228.73+0.069%KuCoin228.74+0.072%Entropy228.78+0.089%Deribit228.78+0.089%Orderly228.79+0.093%Coinbase International228.82+0.107%Aevo228.82+0.107%Gate228.86+0.124%SoDEX228.88+0.133%Vest228.90+0.142%Polymarket Perps228.90+0.142%edgeX228.90+0.142%Variational Omni228.93+0.156%SunX228.95+0.163%Phemex228.95+0.163%Lighter228.96+0.168%Aster229.01+0.189%BloFin229.01+0.190%Ondo Perps229.02+0.194%QFEX229.03+0.198%HTX229.11+0.233%
Bybit
Bitget
Extended
KuCoin
Entropy
Deribit
Orderly
Coinbase International
Aevo
Gate
SoDEX
Vest
Polymarket Perps
Variational Omni
SunX
Phemex
Lighter
Aster
BloFin
Ondo Perps
QFEX
HTXNBIS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado NBIS-PERP | −0.030% | +0.0230% | 1h | $29K | $65K | 3x | as long as short |
| Arcus NBIS-USD | −0.029% | +0.0243% | 1h | $32K | $62K | 5x | as long as short |
| Phoenix NBIS | −0.011% | +0.0355% | 1h | $7K | $118K | 10x | as long as short |
| Kraken Futures PF_NBISUSDlong | 0.000% | +0.0253% | 1h | $25K | $12K | 20x | |
| Binance NBISUSDT | +0.002% | +0.0043% | 8h | $21.7M | $53.3M | 25x | as long as short |
| tradeXYZ xyz:NBIS | +0.011% | +0.0169% | 1h | $55.1M | $17.2M | 10x | as long as short |
| OKX NBIS-USDT-SWAPshort | +0.015% | +0.0080% | 8h | $3.4M | $11.5M | 25x | |
| Bybit NBISUSDT | +0.019% | +0.0088% | 8h | $5.2M | $4.4M | 50x | as long as short |
| Bitget NBISUSDT | +0.032% | 0.0000% | 8h | $2.4M | $3.2M | 20x | as long as short |
| Extended NBIS-USD | +0.038% | +0.0040% | 1h | $166K | $694K | 10x | as long as short |