Spread before costs (cost unknown: a leg has no order-book sample)+0.020%
7d average—if it closes, per $10,000$2funding while held, a day+$2.43
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado NBIS-PERP | 237.02 | 0.0204 | pay 0.0025% / 1h | 18m 49s | $30K | $65K | 3x |
| Short | Entropy io:NBIS | 237.07 | 0.0285 | get 0.0036% / 1h | 18m 49s | $10.4M | $3.2M | 10x |
Nado NBIS-PERP
Entropy io: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
- $1.97
- Funding while held
- $2.43
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Entropy: 9 bp × 2 orders
- −$18
- Net
- −$20.6
- Spread needed to break even
- 0.250%
Slippage unknown: Nado: no order-book sample; Entropy: live order book, 10 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0081%
- Per $10,000 a day
- +$2.43
- 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 Nado no order-book sample | — | — | — | — | — |
| Sell Entropy live order book, 10 min ago | 1.48 bp | 11.3 bp −$11 | 15.7 bp −$157 | doesn't fit | doesn't fit |
Nado: 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.Ondo Perps236.79cheapestVariational Omni236.83+0.018%edgeX236.86+0.029%SunX236.86+0.030%Coinbase International236.86+0.030%Deribit236.89+0.042%Kraken Futures236.90+0.045%KuCoin236.90+0.046%SoDEX236.90+0.046%Phemex236.95+0.068%Extended236.96+0.071%Gate236.97+0.076%Aevo236.97+0.077%HTX236.98+0.080%Phoenix236.99+0.084%BloFin237.00+0.089%Arcus237.01+0.093%Orderly237.02+0.097%
Ondo Perps
Variational Omni
SunX
Coinbase International
Deribit
Kraken Futures
KuCoin
SoDEX
Phemex
Extended
Gate
Aevo
HTX
Phoenix
BloFin
Arcus
OrderlyNado237.02+0.099%
Aster237.03+0.101%
AsterEntropy237.07+0.118%
QFEX237.12+0.139%Bitget237.12+0.139%Polymarket Perps237.16+0.156%Binance237.17+0.160%Bybit237.20+0.173%OKX237.23+0.186%tradeXYZ237.24+0.190%Lighter237.34+0.232%Vest237.43+0.270%
QFEX
Bitget
Polymarket Perps
Binance
Bybit
OKX
tradeXYZ
Lighter
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 | −0.098% | +0.0050% | 1h | $159K | $487K | 10x | as long as short |
| Variational Omni NBIS | −0.080% | 0.0000% | 8h | $2.9M | $920K | — | as long as short |
| edgeX NBISUSDC | −0.070% | +0.0696% | 4h | $38K | $238K | 10x | as long as short |
| SunX NBIS-USDT | −0.069% | 0.0000% | 8h | $834 | $1.8M | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | −0.069% | +0.0120% | 1h | $373K | $651K | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | −0.056% | 0.0000% | 1h | $36K | $88K | 10x | as long as short |
| Kraken Futures PF_NBISUSD | −0.054% | −0.0084% | 1h | $25K | $11K | 20x | as long as short |
| KuCoin NBISUSDTM | −0.052% | +0.0100% | 8h | $499K | $21K | 20x | as long as short |
| SoDEX NBIS-USD | −0.052% | +0.0050% | 1h | $99 | $20K | 10x | as long as short |
| Phemex NBISUSDT | −0.031% | 0.0000% | 8h | $1.6M | $871K | 10x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended NBIS-USD | −0.028% | 0.0000% | 1h | $139K | $697K | 10x | as long as short |
| Gate NBIS_USDT | −0.022% | 0.0000% | 8h | $3.0M | $4.8M | 50x | as long as short |
| Aevo NBIS-PERP | −0.021% | +0.0104% | 1h | — | — | 10x | as long as short |
| HTX NBIS-USDT | −0.018% | 0.0000% | 8h | $15K | $115K | 20x | as long as short |
| Phoenix NBIS | −0.014% | +0.0270% | 1h | $7K | $178K | 10x | as long as short |
| BloFin NBIS-USDT | −0.010% | +0.0012% | 8h | $217K | $214K | 20x | as long as short |
| Arcus NBIS-USD | −0.006% | +0.0040% | 1h | $41K | $93K | 5x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | −0.001% | +0.0100% | 8h | $2K | $4K | 10x | as long as short |
| Nado NBIS-PERPlong | 0.000% | +0.0204% | 1h | $30K | $65K | 3x | |
| Aster NBISUSDT | +0.003% | +0.0103% | 8h | $107K | $245K | 50x | as long as short |
| Entropy io:NBISshort | +0.020% | +0.0285% | 1h | $10.4M | $3.2M | 10x | |
| QFEX NBIS-USD | +0.041% | +0.0037% | 1h | $1.3M | $4.7M | 10x | as long as short |
| Bitget NBISUSDT | +0.041% | 0.0000% | 8h | $2.6M | $4.4M | 20x | as long as short |
| Polymarket Perps NBIS-USD | +0.058% | +0.0050% | 1h | $130K | $532K | 10x | as long as short |
| Binance NBISUSDT | +0.061% | 0.0000% | 8h | $21.5M | $76.9M | 25x | as long as short |
| Bybit NBISUSDT | +0.075% | 0.0000% | 8h | $5.3M | $5.8M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | +0.087% | 0.0000% | 8h | $3.6M | $16.0M | 25x | as long as short |
| tradeXYZ xyz:NBIS | +0.091% | +0.0198% | 1h | $55.2M | $20.9M | 10x | as long as short |
| Lighter NBIS | +0.134% | +0.0312% | 1h | $1.0M | $4.4M | 10x | as long as short |
| Vest NBIS-USD-PERP | +0.172% | +0.0046% | 1h | — | $208K | 5x | as long as short |