data as of
Settings8H · net · $10k
Price arb /

NBIS

RWAall NBIS markets
SwapFunding view
Alert
Spread before costs (cost unknown: a leg has no order-book sample)−0.010%
7d averageif it closes, per $10,000$1funding while held, a day−$7.84
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin NBISUSDTM236.280.0100pay 0.0100% / 8h6h 04m$504K$19K20x
ShortKraken Futures PF_NBISUSD236.26−0.0161pay 0.0020% / 1h4m 01s$25K$10K20x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$0.97
Funding while held
−$7.84
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$30.81
Spread needed to break even
0.220%
Slippage unknown: KuCoin: live order book, 36 min ago; Kraken Futures: no order-book sample. Net counts fees only.

Cost of waiting

funding view
Funding /8h
−0.0261%
Per $10,000 a day
$7.84
Average in range /8h

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 36 min ago18.71 bp125.5 bp −$125doesn't fitdoesn't fitdoesn't fit
Sell Kraken Futures no order-book sample
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.

NBIS on 30 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Coinbase International NBIS-PERP-INTX−0.542%+0.0272%1h$371K$558K10xas long as short
Variational Omni NBIS−0.262%0.0000%8h$2.8M$812Kas long as short
edgeX NBISUSDC−0.251%+0.0805%4h$38K$237K10xas long as short
Phoenix NBIS−0.250%+0.0274%1h$7K$173K10xas long as short
Entropy io:NBIS−0.190%+0.0233%1h$10.3M$3.1M10xas long as short
Ondo Perps NBIS-USD.P−0.174%+0.0050%1h$158K$482K10xas long as short
HTX NBIS-USDT−0.119%0.0000%8h$15K$115K20xas long as short
Bitget NBISUSDT−0.063%0.0000%8h$2.6M$4.3M20xas long as short
Nado NBIS-PERP−0.056%+0.0209%1h$30K$65K3xas long as short
BloFin NBIS-USDT−0.055%+0.0008%8h$214K$211K20xas long as short
Show all 30 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Arcus NBIS-USD−0.047%+0.0040%1h$41K$93K5xas long as short
OKX NBIS-USDT-SWAP−0.042%0.0000%8h$3.6M$15.6M25xas long as short
Binance NBISUSDT−0.024%+0.0025%8h$21.2M$73.7M25xas long as short
SunX NBIS-USDT−0.017%0.0000%8h$1K$1.7M10xas long as short
Extended NBIS-USD−0.016%+0.0024%1h$139K$696K10xas long as short
Kraken Futures PF_NBISUSDshort−0.010%−0.0161%1h$25K$10K20x
Bybit NBISUSDT−0.008%0.0000%8h$5.3M$5.7M50xas long as short
KuCoin NBISUSDTMlong0.000%+0.0100%8h$504K$19K20x
Gate NBIS_USDT+0.034%0.0000%8h$3.0M$4.7M50xas long as short
Phemex NBISUSDT+0.038%0.0000%8h$1.6M$845K10xas long as short
Aster NBISUSDT+0.041%+0.0142%8h$111K$234K50xas long as short
QFEX NBIS-USD+0.042%+0.0042%1h$1.3M$4.5M10xas long as short
tradeXYZ xyz:NBIS+0.047%+0.0101%1h$55.0M$20.5M10xas long as short
Lighter NBIS+0.059%+0.0200%1h$1.0M$4.3M10xas long as short
Deribit NBIS_USDC-PERPETUAL+0.059%0.0000%1h$36K$88K10xas long as short
Polymarket Perps NBIS-USD+0.076%+0.0050%1h$129K$532K10xas long as short
SoDEX NBIS-USD+0.076%+0.0050%1h$114$20K10xas long as short
Aevo NBIS-PERP+0.095%+0.0104%1h10xas long as short
Orderly PERP_NBIS_USDC_mythos+0.102%+0.0100%8h$2K$4K10xas long as short
Vest NBIS-USD-PERP+0.233%+0.0046%1h$168K5xas long as short