After costs, if the gap returns to its 7d average, $10k−$150
spread now+0.109%7d average+0.126%fees + slippage, in and out−$148spread needed1.480%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NBISUSDTM | 228.88 | 0.0100 | pay 0.0100% / 8h | 1h 21m | $483K | $14K | 20x |
| Short | Lighter NBIS | 229.13 | 0.0240 | get 0.0030% / 1h | 21m 23s | $1.6M | $2.9M | 10x |
KuCoin NBISUSDTM
Lighter 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
- $10.92
- Funding while held
- $4.2
- Slippage, 4 orders
- −$135.99
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$132.86
- Spread needed to break even
- 1.480%
Slippage from KuCoin: live order book, 48 min ago; Lighter: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0140%
- Per $10,000 a day
- +$4.20
- 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 KuCoin live order book, 48 min ago | 20.35 bp | 71.8 bp −$72 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 2 min ago | 1.31 bp | 2.5 bp −$2 | 5.5 bp −$55 | 85.7 bp −$8,566 | doesn't fit |
NBIS price on every exchange
against the cheapest. Click to use as the short leg.Kraken Futures228.57cheapestNado228.58+0.003%Arcus228.58+0.005%Deribit228.61+0.018%Phoenix228.62+0.022%Phemex228.65+0.035%SoDEX228.70+0.057%Aevo228.72+0.068%SunX228.74+0.075%Orderly228.75+0.079%tradeXYZ228.77+0.088%Entropy228.78+0.092%Binance228.79+0.098%Bitget228.81+0.105%Coinbase International228.82+0.110%
Kraken Futures
Nado
Arcus
Deribit
Phoenix
Phemex
SoDEX
Aevo
SunX
Orderly
tradeXYZ
Entropy
Binance
Bitget
Coinbase InternationalKuCoin228.88+0.136%
Vest228.90+0.145%Polymarket Perps228.90+0.145%edgeX228.90+0.145%Variational Omni228.93+0.160%Bybit228.95+0.167%Gate228.95+0.167%BloFin228.95+0.167%Ondo Perps229.02+0.197%QFEX229.03+0.202%Extended229.03+0.204%Aster229.06+0.215%OKX229.07+0.219%HTX229.11+0.237%
Vest
Polymarket Perps
Variational Omni
Bybit
Gate
BloFin
Ondo Perps
QFEX
Extended
Aster
OKX
HTXLighter229.13+0.245%
NBIS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NBISUSD | −0.136% | +0.0253% | 1h | $25K | $12K | 20x | as long as short |
| Nado NBIS-PERP | −0.133% | +0.0230% | 1h | $29K | $65K | 3x | as long as short |
| Arcus NBIS-USD | −0.131% | +0.0243% | 1h | $32K | $62K | 5x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | −0.118% | +0.0056% | 1h | $34K | $84K | 10x | as long as short |
| Phoenix NBIS | −0.114% | +0.0355% | 1h | $7K | $118K | 10x | as long as short |
| Phemex NBISUSDT | −0.100% | 0.0000% | 8h | $1.6M | $749K | 10x | as long as short |
| SoDEX NBIS-USD | −0.079% | +0.0050% | 1h | $55 | $20K | 10x | as long as short |
| Aevo NBIS-PERP | −0.068% | +0.0104% | 1h | — | — | 10x | as long as short |
| SunX NBIS-USDT | −0.061% | 0.0000% | 8h | $837 | $1.3M | 10x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | −0.057% | +0.0100% | 8h | $2K | $4K | 10x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:NBIS | −0.048% | +0.0169% | 1h | $55.1M | $17.2M | 10x | as long as short |
| Entropy io:NBIS | −0.044% | +0.0417% | 1h | $10.0M | $2.6M | 10x | as long as short |
| Binance NBISUSDT | −0.038% | +0.0043% | 8h | $21.7M | $53.3M | 25x | as long as short |
| Bitget NBISUSDT | −0.031% | 0.0000% | 8h | $2.4M | $3.2M | 20x | as long as short |
| Coinbase International NBIS-PERP-INTX | −0.026% | +0.0480% | 1h | $375K | $192K | 10x | as long as short |
| KuCoin NBISUSDTMlong | 0.000% | +0.0100% | 8h | $483K | $14K | 20x | |
| Vest NBIS-USD-PERP | +0.009% | +0.0046% | 1h | — | $78K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.009% | +0.0050% | 1h | $120K | $502K | 10x | as long as short |
| edgeX NBISUSDC | +0.009% | +0.0112% | 4h | $37K | $235K | 10x | as long as short |
| Variational Omni NBIS | +0.024% | +0.0038% | 8h | $2.8M | $697K | — | as long as short |
| Bybit NBISUSDT | +0.031% | +0.0088% | 8h | $5.2M | $4.4M | 50x | as long as short |
| Gate NBIS_USDT | +0.031% | 0.0000% | 8h | $3.1M | $3.6M | 50x | as long as short |
| BloFin NBIS-USDT | +0.031% | +0.0062% | 8h | $211K | $167K | 20x | as long as short |
| Ondo Perps NBIS-USD.P | +0.061% | +0.0050% | 1h | $155K | $390K | 10x | as long as short |
| QFEX NBIS-USD | +0.066% | +0.0050% | 1h | $1.3M | $3.9M | 10x | as long as short |
| Extended NBIS-USD | +0.068% | +0.0040% | 1h | $166K | $694K | 10x | as long as short |
| Aster NBISUSDT | +0.079% | +0.0091% | 8h | $76K | $129K | 50x | as long as short |
| OKX NBIS-USDT-SWAP | +0.083% | +0.0080% | 8h | $3.4M | $11.5M | 25x | as long as short |
| HTX NBIS-USDT | +0.100% | 0.0000% | 8h | $34K | $64K | 20x | as long as short |
| Lighter NBISshort | +0.109% | +0.0240% | 1h | $1.6M | $2.9M | 10x |