Spread before costs (cost unknown: a leg has no order-book sample)+0.102%
7d average—if it closes, per $10,000$10funding while held, a day+$8.88
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_NBISUSD | 236.29 | −0.0084 | get 0.0010% / 1h | 43m 29s | $25K | $10K | 20x |
| Short | tradeXYZ xyz:NBIS | 236.53 | 0.0212 | get 0.0027% / 1h | 43m 29s | $54.9M | $20.7M | 10x |
Kraken Futures PF_NBISUSD
tradeXYZ xyz: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
- $10.19
- Funding while held
- $8.88
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$8.94
- Spread needed to break even
- 0.280%
Slippage unknown: Kraken Futures: no order-book sample; tradeXYZ: live order book, 6 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0296%
- Per $10,000 a day
- +$8.88
- 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 tradeXYZ live order book, 6 min ago | 0.85 bp | 9.8 bp −$10 | 11.8 bp −$118 | 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.Coinbase International235.00cheapestOndo Perps236.20+0.511%SunX236.23+0.523%BloFin236.27+0.540%Entropy236.28+0.545%HTX236.28+0.545%
Coinbase International
Ondo Perps
SunX
BloFin
Entropy
HTXKraken Futures236.29+0.549%
edgeX236.29+0.551%Nado236.30+0.553%Phoenix236.30+0.553%Variational Omni236.30+0.554%Arcus236.35+0.574%Deribit236.35+0.574%KuCoin236.36+0.579%SoDEX236.42+0.604%Aevo236.43+0.606%Gate236.43+0.609%QFEX236.44+0.613%Aster236.45+0.617%Phemex236.46+0.621%Extended236.46+0.622%Binance236.51+0.643%Bitget236.51+0.643%Polymarket Perps236.51+0.643%Bybit236.52+0.647%
Nado
Phoenix
Variational Omni
Arcus
Deribit
KuCoin
SoDEX
Aevo
Gate
QFEX
Aster
Phemex
Extended
Binance
Bitget
Polymarket Perps
BybittradeXYZ236.53+0.651%
OKX236.53+0.651%Orderly236.55+0.660%Lighter236.60+0.681%Vest236.81+0.770%
OKX
Orderly
Lighter
VestNBIS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International NBIS-PERP-INTX | −0.546% | +0.0120% | 1h | $371K | $558K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | −0.038% | +0.0050% | 1h | $158K | $485K | 10x | as long as short |
| SunX NBIS-USDT | −0.025% | 0.0000% | 8h | $961 | $1.7M | 10x | as long as short |
| BloFin NBIS-USDT | −0.008% | +0.0023% | 8h | $215K | $212K | 20x | as long as short |
| Entropy io:NBIS | −0.004% | +0.0336% | 1h | $10.3M | $3.2M | 10x | as long as short |
| HTX NBIS-USDT | −0.004% | 0.0000% | 8h | $15K | $115K | 20x | as long as short |
| Kraken Futures PF_NBISUSDlong | 0.000% | −0.0084% | 1h | $25K | $10K | 20x | |
| edgeX NBISUSDC | +0.002% | +0.0959% | 4h | $38K | $238K | 10x | as long as short |
| Nado NBIS-PERP | +0.004% | +0.0240% | 1h | $30K | $65K | 3x | as long as short |
| Phoenix NBIS | +0.005% | +0.0270% | 1h | $7K | $178K | 10x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni NBIS | +0.005% | 0.0000% | 8h | $2.9M | $887K | — | as long as short |
| Arcus NBIS-USD | +0.026% | +0.0040% | 1h | $41K | $93K | 5x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.026% | 0.0000% | 1h | $36K | $88K | 10x | as long as short |
| KuCoin NBISUSDTM | +0.030% | +0.0100% | 8h | $498K | $21K | 20x | as long as short |
| SoDEX NBIS-USD | +0.055% | +0.0050% | 1h | $113 | $20K | 10x | as long as short |
| Aevo NBIS-PERP | +0.057% | +0.0104% | 1h | — | — | 10x | as long as short |
| Gate NBIS_USDT | +0.060% | 0.0000% | 8h | $3.0M | $4.7M | 50x | as long as short |
| QFEX NBIS-USD | +0.064% | +0.0037% | 1h | $1.3M | $4.6M | 10x | as long as short |
| Aster NBISUSDT | +0.068% | +0.0124% | 8h | $110K | $239K | 50x | as long as short |
| Phemex NBISUSDT | +0.072% | 0.0000% | 8h | $1.6M | $857K | 10x | as long as short |
| Extended NBIS-USD | +0.073% | +0.0008% | 1h | $139K | $696K | 10x | as long as short |
| Binance NBISUSDT | +0.093% | +0.0006% | 8h | $21.2M | $74.9M | 25x | as long as short |
| Bitget NBISUSDT | +0.093% | 0.0000% | 8h | $2.6M | $4.4M | 20x | as long as short |
| Polymarket Perps NBIS-USD | +0.093% | +0.0050% | 1h | $129K | $532K | 10x | as long as short |
| Bybit NBISUSDT | +0.098% | 0.0000% | 8h | $5.3M | $5.8M | 50x | as long as short |
| tradeXYZ xyz:NBISshort | +0.102% | +0.0212% | 1h | $54.9M | $20.7M | 10x | |
| OKX NBIS-USDT-SWAP | +0.102% | 0.0000% | 8h | $3.5M | $15.8M | 25x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.110% | +0.0100% | 8h | $2K | $4K | 10x | as long as short |
| Lighter NBIS | +0.131% | +0.0352% | 1h | $1.0M | $4.3M | 10x | as long as short |
| Vest NBIS-USD-PERP | +0.220% | +0.0046% | 1h | — | $188K | 5x | as long as short |