After costs, if the gap returns to its 7d average, $10k−$188
spread now+0.120%7d average+0.060%fees + slippage, in and out−$194spread needed1.942%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NBISUSDTM | 233.13 | 0.0100 | pay 0.0100% / 8h | 7h 12m | $497K | $19K | 20x |
| Short | Bybit NBISUSDT | 233.41 | 0 | get 0.0000% / 8h | 7h 12m | $5.2M | $5.5M | 50x |
KuCoin NBISUSDTM
Bybit NBISUSDTPrice 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
- $12.01
- Funding while held
- −$3
- Slippage, 4 orders
- −$171.21
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$185.2
- Spread needed to break even
- 1.942%
Slippage from KuCoin: live order book, 38 min ago; Bybit: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0100%
- Per $10,000 a day
- −$3.00
- 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 KuCoin live order book, 38 min ago | 16.70 bp | 95.6 bp −$96 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 2.14 bp | 13.5 bp −$13 | 60.7 bp −$607 | doesn't fit | doesn't fit |
NBIS price on every exchange
against the cheapest. Click to use as the short leg.Ondo Perps232.78cheapestPhoenix232.81+0.013%Variational Omni232.92+0.061%edgeX233.00+0.096%Kraken Futures233.02+0.102%HTX233.05+0.116%Nado233.09+0.134%Arcus233.10+0.137%
Ondo Perps
Phoenix
Variational Omni
Kraken Futures
HTX
Nado
ArcusKuCoin233.13+0.150%
Entropy233.15+0.159%Deribit233.21+0.185%Polymarket Perps233.22+0.189%SoDEX233.23+0.193%Aster233.25+0.202%QFEX233.27+0.210%Aevo233.28+0.213%SunX233.28+0.215%tradeXYZ233.29+0.219%Orderly233.30+0.223%Gate233.31+0.228%Bitget233.31+0.228%Extended233.31+0.229%Coinbase International233.33+0.236%Phemex233.38+0.258%
Entropy
Deribit
Polymarket Perps
SoDEX
Aster
QFEX
Aevo
SunX
tradeXYZ
Orderly
Gate
Bitget
Extended
Coinbase International
PhemexBybit233.41+0.271%
BloFin233.44+0.284%Lighter233.46+0.292%Binance233.47+0.296%OKX233.47+0.296%Vest233.57+0.339%
BloFin
Lighter
Binance
OKX
VestNBIS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Ondo Perps NBIS-USD.P | −0.150% | +0.0050% | 1h | $156K | $470K | 10x | as long as short |
| Phoenix NBIS | −0.137% | +0.0274% | 1h | $7K | $168K | 10x | as long as short |
| Variational Omni NBIS | −0.089% | +0.0005% | 8h | $2.8M | $781K | — | as long as short |
| edgeX NBISUSDC | −0.054% | +0.0938% | 4h | $37K | $237K | 10x | as long as short |
| Kraken Futures PF_NBISUSD | −0.048% | −0.0094% | 1h | $25K | $13K | 20x | as long as short |
| HTX NBIS-USDT | −0.034% | 0.0000% | 8h | $18K | $109K | 20x | as long as short |
| Nado NBIS-PERP | −0.017% | +0.0263% | 1h | $29K | $65K | 3x | as long as short |
| Arcus NBIS-USD | −0.013% | +0.0040% | 1h | $41K | $93K | 5x | as long as short |
| KuCoin NBISUSDTMlong | 0.000% | +0.0100% | 8h | $497K | $19K | 20x | |
| Entropy io:NBIS | +0.009% | +0.0286% | 1h | $10.2M | $3.1M | 10x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Deribit NBIS_USDC-PERPETUAL | +0.034% | +0.0007% | 1h | $35K | $87K | 10x | as long as short |
| Polymarket Perps NBIS-USD | +0.039% | +0.0050% | 1h | $129K | $520K | 10x | as long as short |
| SoDEX NBIS-USD | +0.043% | +0.0050% | 1h | $117 | $20K | 10x | as long as short |
| Aster NBISUSDT | +0.051% | +0.0160% | 8h | $103K | $205K | 50x | as long as short |
| QFEX NBIS-USD | +0.060% | +0.0046% | 1h | $1.3M | $4.3M | 10x | as long as short |
| Aevo NBIS-PERP | +0.062% | +0.0104% | 1h | — | — | 10x | as long as short |
| SunX NBIS-USDT | +0.064% | 0.0000% | 8h | $1K | $1.7M | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.069% | +0.0088% | 1h | $54.6M | $19.8M | 10x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.073% | +0.0100% | 8h | $2K | $4K | 10x | as long as short |
| Gate NBIS_USDT | +0.077% | 0.0000% | 8h | $2.9M | $4.4M | 50x | as long as short |
| Bitget NBISUSDT | +0.077% | 0.0000% | 8h | $2.6M | $4.1M | 20x | as long as short |
| Extended NBIS-USD | +0.078% | +0.0048% | 1h | $160K | $675K | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.086% | +0.0416% | 1h | $369K | $538K | 10x | as long as short |
| Phemex NBISUSDT | +0.107% | 0.0000% | 8h | $1.6M | $812K | 10x | as long as short |
| Bybit NBISUSDTshort | +0.120% | 0.0000% | 8h | $5.2M | $5.5M | 50x | |
| BloFin NBIS-USDT | +0.133% | +0.0024% | 8h | $215K | $196K | 20x | as long as short |
| Lighter NBIS | +0.142% | +0.0184% | 1h | $1.0M | $4.3M | 10x | as long as short |
| Binance NBISUSDT | +0.145% | +0.0047% | 8h | $21.7M | $69.1M | 25x | as long as short |
| OKX NBIS-USDT-SWAP | +0.146% | 0.0000% | 8h | $3.5M | $14.8M | 25x | as long as short |
| Vest NBIS-USD-PERP | +0.189% | +0.0046% | 1h | — | $133K | 5x | as long as short |