After costs, if the gap returns to its 7d average, $10k−$25
spread now−0.051%7d average−0.023%fees + slippage, in and out−$22spread needed0.218%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter NBIS | 236.67 | 0.0304 | pay 0.0038% / 1h | 5m 09s | $1.0M | $4.4M | 10x |
| Short | OKX NBIS-USDT-SWAP | 236.55 | 0 | get 0.0000% / 8h | 5h 05m | $3.5M | $16.2M | 25x |
Lighter NBIS
OKX NBIS-USDT-SWAPPrice 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
- −$5.07
- Funding while held
- −$9.12
- Slippage, 4 orders
- −$11.8
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$35.99
- Spread needed to break even
- 0.218%
Slippage from Lighter: live order book, 4 min ago; OKX: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0304%
- Per $10,000 a day
- −$9.12
- 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 Lighter live order book, 4 min ago | 0.42 bp | 1.0 bp −$1 | 6.2 bp −$62 | 76.8 bp −$7,684 | doesn't fit |
| Sell OKX live order book, 5 min ago | 1.90 bp | 10.4 bp −$10 | 18.7 bp −$187 | doesn't fit | doesn't fit |
NBIS price on every exchange
against the cheapest. Click to use as the short leg.KuCoin236.42cheapestBinance236.42+0.001%Bitget236.43+0.004%Kraken Futures236.44+0.007%Variational Omni236.44+0.010%Extended236.45+0.011%Arcus236.45+0.013%Aevo236.45+0.014%Orderly236.46+0.017%Nado236.46+0.017%Aster236.48+0.026%tradeXYZ236.49+0.030%Deribit236.49+0.030%Bybit236.50+0.034%edgeX236.51+0.037%Ondo Perps236.51+0.038%Gate236.52+0.042%Phemex236.53+0.047%SoDEX236.54+0.051%
KuCoin
Binance
Bitget
Kraken Futures
Variational Omni
Extended
Arcus
Aevo
Orderly
Nado
Aster
tradeXYZ
Deribit
Bybit
Ondo Perps
Gate
Phemex
SoDEXOKX236.55+0.055%
Phoenix236.56+0.059%QFEX236.57+0.063%Polymarket Perps236.63+0.089%BloFin236.63+0.089%
Phoenix
QFEX
Polymarket Perps
BloFinLighter236.67+0.106%
SunX236.73+0.131%Entropy236.79+0.157%Vest236.90+0.203%HTX236.93+0.216%Coinbase International237.62+0.508%
SunX
Entropy
Vest
HTX
Coinbase InternationalNBIS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin NBISUSDTM | −0.106% | +0.0100% | 8h | $498K | $21K | 20x | as long as short |
| Binance NBISUSDT | −0.105% | 0.0000% | 8h | $21.2M | $77.8M | 25x | as long as short |
| Bitget NBISUSDT | −0.101% | 0.0000% | 8h | $2.6M | $4.5M | 20x | as long as short |
| Kraken Futures PF_NBISUSD | −0.098% | −0.0084% | 1h | $25K | $11K | 20x | as long as short |
| Variational Omni NBIS | −0.096% | 0.0000% | 8h | $2.9M | $920K | — | as long as short |
| Extended NBIS-USD | −0.095% | 0.0000% | 1h | $139K | $697K | 10x | as long as short |
| Arcus NBIS-USD | −0.093% | +0.0040% | 1h | $41K | $117K | 5x | as long as short |
| Aevo NBIS-PERP | −0.092% | +0.0104% | 1h | — | — | 10x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | −0.089% | +0.0100% | 8h | $2K | $4K | 10x | as long as short |
| Nado NBIS-PERP | −0.088% | +0.0205% | 1h | $30K | $65K | 3x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster NBISUSDT | −0.080% | +0.0083% | 8h | $111K | $251K | 50x | as long as short |
| tradeXYZ xyz:NBIS | −0.076% | +0.0206% | 1h | $55.1M | $20.9M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | −0.076% | +0.0004% | 1h | $36K | $88K | 10x | as long as short |
| Bybit NBISUSDT | −0.072% | 0.0000% | 8h | $5.3M | $5.9M | 50x | as long as short |
| edgeX NBISUSDC | −0.068% | +0.0461% | 4h | $38K | $238K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | −0.068% | +0.0050% | 1h | $159K | $486K | 10x | as long as short |
| Gate NBIS_USDT | −0.063% | 0.0000% | 8h | $3.0M | $4.8M | 50x | as long as short |
| Phemex NBISUSDT | −0.059% | 0.0000% | 8h | $1.6M | $880K | 10x | as long as short |
| SoDEX NBIS-USD | −0.055% | +0.0050% | 1h | $109 | $20K | 10x | as long as short |
| OKX NBIS-USDT-SWAPshort | −0.051% | 0.0000% | 8h | $3.5M | $16.2M | 25x | |
| Phoenix NBIS | −0.046% | +0.0270% | 1h | $7K | $178K | 10x | as long as short |
| QFEX NBIS-USD | −0.042% | +0.0037% | 1h | $1.4M | $4.7M | 10x | as long as short |
| Polymarket Perps NBIS-USD | −0.017% | +0.0050% | 1h | $129K | $532K | 10x | as long as short |
| BloFin NBIS-USDT | −0.017% | −0.0029% | 8h | $216K | $215K | 20x | as long as short |
| Lighter NBISlong | 0.000% | +0.0304% | 1h | $1.0M | $4.4M | 10x | |
| SunX NBIS-USDT | +0.025% | 0.0000% | 8h | $907 | $1.8M | 10x | as long as short |
| Entropy io:NBIS | +0.051% | +0.0275% | 1h | $10.4M | $3.2M | 10x | as long as short |
| Vest NBIS-USD-PERP | +0.097% | +0.0046% | 1h | — | $208K | 5x | as long as short |
| HTX NBIS-USDT | +0.110% | 0.0000% | 8h | $15K | $115K | 20x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.401% | +0.0120% | 1h | $374K | $654K | 10x | as long as short |