Spread before costs (cost unknown: a leg has no order-book sample)+0.275%
7d average—if it closes, per $10,000$28funding while held, a day+$0.70
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_NBISUSD | 234.14 | 0.0022 | pay 0.0003% / 1h | 21m 02s | $25K | $12K | 20x |
| Short | Vest NBIS-USD-PERP | 234.78 | 0.0046 | get 0.0006% / 1h | 21m 02s | — | $132K | 5x |
Kraken Futures PF_NBISUSD
Vest NBIS-USD-PERPPrice 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
- $27.55
- Funding while held
- $0.7
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- $16.25
- Spread needed to break even
- 0.120%
Slippage unknown: Kraken Futures: no order-book sample; Vest: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0023%
- Per $10,000 a day
- +$0.70
- 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 Vest no order-book sample | — | — | — | — | — |
Kraken Futures and Vest: 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.tradeXYZ234.12cheapest
tradeXYZKraken Futures234.14+0.006%
Deribit234.16+0.017%KuCoin234.17+0.021%Gate234.18+0.026%Lighter234.20+0.034%Phemex234.22+0.043%SoDEX234.23+0.047%Extended234.25+0.054%Arcus234.26+0.060%SunX234.26+0.060%Aevo234.27+0.062%Binance234.27+0.063%Orderly234.27+0.064%Aster234.34+0.093%Bybit234.34+0.094%Coinbase International234.34+0.094%Bitget234.37+0.107%QFEX234.38+0.111%Polymarket Perps234.38+0.111%Nado234.38+0.113%OKX234.39+0.115%Entropy234.41+0.124%Ondo Perps234.43+0.132%Variational Omni234.48+0.154%BloFin234.52+0.171%HTX234.67+0.235%edgeX234.73+0.260%
Deribit
KuCoin
Gate
Lighter
Phemex
SoDEX
Extended
Arcus
SunX
Aevo
Binance
Orderly
Aster
Bybit
Coinbase International
Bitget
QFEX
Polymarket Perps
Nado
OKX
Entropy
Ondo Perps
Variational Omni
BloFin
HTXVest234.78+0.282%
Phoenix234.83+0.303%
PhoenixNBIS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:NBIS | −0.006% | +0.0077% | 1h | $54.9M | $19.3M | 10x | as long as short |
| Kraken Futures PF_NBISUSDlong | 0.000% | +0.0022% | 1h | $25K | $12K | 20x | |
| Deribit NBIS_USDC-PERPETUAL | +0.011% | +0.0049% | 1h | $35K | $86K | 10x | as long as short |
| KuCoin NBISUSDTM | +0.015% | +0.0100% | 8h | $499K | $18K | 20x | as long as short |
| Gate NBIS_USDT | +0.019% | 0.0000% | 8h | $3.0M | $4.1M | 50x | as long as short |
| Lighter NBIS | +0.028% | +0.0120% | 1h | $1.0M | $4.1M | 10x | as long as short |
| Phemex NBISUSDT | +0.036% | 0.0000% | 8h | $1.6M | $783K | 10x | as long as short |
| SoDEX NBIS-USD | +0.041% | +0.0050% | 1h | $61 | $20K | 10x | as long as short |
| Extended NBIS-USD | +0.047% | +0.0056% | 1h | $171K | $693K | 10x | as long as short |
| Arcus NBIS-USD | +0.053% | +0.0040% | 1h | $39K | $81K | 5x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX NBIS-USDT | +0.053% | 0.0000% | 8h | $1K | $1.7M | 10x | as long as short |
| Aevo NBIS-PERP | +0.056% | +0.0104% | 1h | — | — | 10x | as long as short |
| Binance NBISUSDT | +0.056% | +0.0054% | 8h | $21.8M | $63.6M | 25x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.058% | +0.0100% | 8h | $2K | $4K | 10x | as long as short |
| Aster NBISUSDT | +0.087% | +0.0161% | 8h | $93K | $185K | 50x | as long as short |
| Bybit NBISUSDT | +0.088% | +0.0028% | 8h | $5.3M | $5.0M | 50x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.088% | +0.0528% | 1h | $349K | $510K | 10x | as long as short |
| Bitget NBISUSDT | +0.100% | 0.0000% | 8h | $2.7M | $3.8M | 20x | as long as short |
| QFEX NBIS-USD | +0.105% | +0.0036% | 1h | $1.3M | $4.1M | 10x | as long as short |
| Polymarket Perps NBIS-USD | +0.105% | +0.0050% | 1h | $123K | $510K | 10x | as long as short |
| Nado NBIS-PERP | +0.106% | +0.0216% | 1h | $30K | $65K | 3x | as long as short |
| OKX NBIS-USDT-SWAP | +0.109% | +0.0022% | 8h | $3.6M | $13.8M | 25x | as long as short |
| Entropy io:NBIS | +0.117% | +0.0237% | 1h | $10.3M | $3.0M | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.126% | +0.0050% | 1h | $155K | $457K | 10x | as long as short |
| Variational Omni NBIS | +0.147% | +0.0042% | 8h | $2.8M | $774K | — | as long as short |
| BloFin NBIS-USDT | +0.164% | +0.0084% | 8h | $216K | $191K | 20x | as long as short |
| HTX NBIS-USDT | +0.228% | 0.0000% | 8h | $18K | $109K | 20x | as long as short |
| edgeX NBISUSDC | +0.253% | +0.0207% | 4h | $38K | $235K | 10x | as long as short |
| Vest NBIS-USD-PERPshort | +0.275% | +0.0046% | 1h | — | $132K | 5x | |
| Phoenix NBIS | +0.297% | +0.0279% | 1h | $7K | $159K | 10x | as long as short |