After costs, if the gap returns to its 7d average, $10k−$245
spread now+0.042%7d average+0.063%fees + slippage, in and out−$243spread needed2.425%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NBISUSDTM | 236.38 | 0.0100 | pay 0.0100% / 8h | 5h 42m | $498K | $21K | 20x |
| Short | tradeXYZ xyz:NBIS | 236.48 | 0.0213 | get 0.0027% / 1h | 42m 58s | $54.9M | $20.7M | 10x |
KuCoin NBISUSDTM
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
- $4.23
- Funding while held
- $3.38
- Slippage, 4 orders
- −$212.52
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$234.91
- Spread needed to break even
- 2.425%
Slippage from KuCoin: live order book, 57 min ago; tradeXYZ: live order book, 7 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0113%
- Per $10,000 a day
- +$3.38
- 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, 57 min ago | 18.71 bp | 125.5 bp −$125 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 7 min ago | 0.85 bp | 9.8 bp −$10 | 11.8 bp −$118 | doesn't fit | doesn't fit |
NBIS price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International235.00cheapestOndo Perps236.20+0.511%Entropy236.28+0.545%HTX236.28+0.545%edgeX236.29+0.551%Nado236.30+0.553%Phoenix236.30+0.553%Variational Omni236.30+0.554%SunX236.34+0.570%Arcus236.35+0.574%Kraken Futures236.37+0.584%
Coinbase International
Ondo Perps
Entropy
HTX
Nado
Phoenix
Variational Omni
SunX
Arcus
Kraken FuturesKuCoin236.38+0.587%
Deribit236.41+0.600%Binance236.43+0.609%Bitget236.43+0.609%QFEX236.44+0.613%Aster236.45+0.617%Gate236.47+0.626%Phemex236.47+0.626%
Deribit
Binance
Bitget
QFEX
Aster
Gate
PhemextradeXYZ236.48+0.630%
SoDEX236.49+0.634%BloFin236.49+0.634%Aevo236.49+0.636%Bybit236.50+0.638%Extended236.50+0.640%Polymarket Perps236.51+0.643%OKX236.54+0.655%Orderly236.55+0.660%Lighter236.62+0.689%Vest236.81+0.770%
SoDEX
BloFin
Aevo
Bybit
Extended
Polymarket Perps
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 | −0.584% | +0.0120% | 1h | $371K | $558K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | −0.076% | +0.0050% | 1h | $158K | $485K | 10x | as long as short |
| Entropy io:NBIS | −0.042% | +0.0336% | 1h | $10.3M | $3.2M | 10x | as long as short |
| HTX NBIS-USDT | −0.042% | 0.0000% | 8h | $15K | $115K | 20x | as long as short |
| edgeX NBISUSDC | −0.037% | +0.0959% | 4h | $38K | $238K | 10x | as long as short |
| Nado NBIS-PERP | −0.034% | +0.0240% | 1h | $30K | $65K | 3x | as long as short |
| Phoenix NBIS | −0.034% | +0.0270% | 1h | $7K | $178K | 10x | as long as short |
| Variational Omni NBIS | −0.033% | 0.0000% | 8h | $2.9M | $887K | — | as long as short |
| SunX NBIS-USDT | −0.017% | 0.0000% | 8h | $962 | $1.7M | 10x | as long as short |
| Arcus NBIS-USD | −0.013% | +0.0040% | 1h | $41K | $93K | 5x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NBISUSD | −0.003% | −0.0084% | 1h | $25K | $10K | 20x | as long as short |
| KuCoin NBISUSDTMlong | 0.000% | +0.0100% | 8h | $498K | $21K | 20x | |
| Deribit NBIS_USDC-PERPETUAL | +0.013% | 0.0000% | 1h | $36K | $88K | 10x | as long as short |
| Binance NBISUSDT | +0.021% | +0.0006% | 8h | $21.2M | $74.9M | 25x | as long as short |
| Bitget NBISUSDT | +0.021% | 0.0000% | 8h | $2.6M | $4.4M | 20x | as long as short |
| QFEX NBIS-USD | +0.025% | +0.0037% | 1h | $1.3M | $4.6M | 10x | as long as short |
| Aster NBISUSDT | +0.030% | +0.0124% | 8h | $110K | $239K | 50x | as long as short |
| Gate NBIS_USDT | +0.038% | 0.0000% | 8h | $3.0M | $4.7M | 50x | as long as short |
| Phemex NBISUSDT | +0.038% | 0.0000% | 8h | $1.6M | $858K | 10x | as long as short |
| tradeXYZ xyz:NBISshort | +0.042% | +0.0213% | 1h | $54.9M | $20.7M | 10x | |
| SoDEX NBIS-USD | +0.047% | +0.0050% | 1h | $114 | $20K | 10x | as long as short |
| BloFin NBIS-USDT | +0.047% | +0.0019% | 8h | $216K | $213K | 20x | as long as short |
| Aevo NBIS-PERP | +0.048% | +0.0104% | 1h | — | — | 10x | as long as short |
| Bybit NBISUSDT | +0.051% | 0.0000% | 8h | $5.3M | $5.8M | 50x | as long as short |
| Extended NBIS-USD | +0.053% | +0.0008% | 1h | $139K | $696K | 10x | as long as short |
| Polymarket Perps NBIS-USD | +0.055% | +0.0050% | 1h | $129K | $532K | 10x | as long as short |
| OKX NBIS-USDT-SWAP | +0.068% | 0.0000% | 8h | $3.5M | $15.8M | 25x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.072% | +0.0100% | 8h | $2K | $4K | 10x | as long as short |
| Lighter NBIS | +0.102% | +0.0352% | 1h | $1.0M | $4.3M | 10x | as long as short |
| Vest NBIS-USD-PERP | +0.182% | +0.0046% | 1h | — | $188K | 5x | as long as short |