After costs, if the gap returns to its 7d average, $10k−$109
spread now+0.042%7d average−0.010%fees + slippage, in and out−$114spread needed1.142%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex NBISUSDT | 235.90 | 0 | get 0.0000% / 8h | 5h 47m | $1.6M | $855K | 10x |
| Short | Bybit NBISUSDT | 236.00 | 0 | get 0.0000% / 8h | 5h 47m | $5.3M | $5.8M | 50x |
Phemex NBISUSDT
Bybit NBISUSDTPrice 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
- $4.24
- Funding while held
- $0
- Slippage, 4 orders
- −$91.23
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$109.99
- Spread needed to break even
- 1.142%
Slippage from Phemex: live order book, 2 min ago; Bybit: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 Phemex live order book, 2 min ago | 5.08 bp | 50.3 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 2.12 bp | 13.9 bp −$14 | 51.7 bp −$517 | doesn't fit | doesn't fit |
NBIS price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International235.00cheapestNado235.67+0.283%Kraken Futures235.72+0.308%Deribit235.74+0.315%KuCoin235.75+0.319%Extended235.76+0.323%Orderly235.77+0.328%Aevo235.78+0.330%Aster235.80+0.342%BloFin235.81+0.345%SoDEX235.82+0.349%Gate235.84+0.357%Polymarket Perps235.85+0.362%SunX235.87+0.370%Bitget235.90+0.383%
Coinbase International
Nado
Kraken Futures
Deribit
KuCoin
Extended
Orderly
Aevo
Aster
BloFin
SoDEX
Gate
Polymarket Perps
SunX
BitgetPhemex235.90+0.383%
Arcus235.92+0.391%Binance235.94+0.400%Lighter235.99+0.421%tradeXYZ236.00+0.426%
Arcus
Binance
Lighter
tradeXYZBybit236.00+0.426%
Phoenix236.00+0.426%OKX236.02+0.434%QFEX236.03+0.438%HTX236.10+0.468%Variational Omni236.15+0.488%Entropy236.25+0.532%Ondo Perps236.25+0.532%Vest236.27+0.540%edgeX236.28+0.543%
Phoenix
OKX
QFEX
HTX
Variational Omni
Entropy
Ondo Perps
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 | −0.382% | +0.0120% | 1h | $371K | $558K | 10x | as long as short |
| Nado NBIS-PERP | −0.099% | +0.0232% | 1h | $30K | $65K | 3x | as long as short |
| Kraken Futures PF_NBISUSD | −0.074% | −0.0084% | 1h | $25K | $10K | 20x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | −0.068% | 0.0000% | 1h | $36K | $88K | 10x | as long as short |
| KuCoin NBISUSDTM | −0.064% | +0.0100% | 8h | $497K | $21K | 20x | as long as short |
| Extended NBIS-USD | −0.059% | +0.0008% | 1h | $139K | $696K | 10x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | −0.055% | +0.0100% | 8h | $2K | $4K | 10x | as long as short |
| Aevo NBIS-PERP | −0.053% | +0.0104% | 1h | — | — | 10x | as long as short |
| Aster NBISUSDT | −0.041% | +0.0123% | 8h | $110K | $238K | 50x | as long as short |
| BloFin NBIS-USDT | −0.038% | −0.0021% | 8h | $215K | $212K | 20x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX NBIS-USD | −0.034% | +0.0050% | 1h | $118 | $20K | 10x | as long as short |
| Gate NBIS_USDT | −0.025% | 0.0000% | 8h | $3.0M | $4.7M | 50x | as long as short |
| Polymarket Perps NBIS-USD | −0.021% | +0.0050% | 1h | $129K | $532K | 10x | as long as short |
| SunX NBIS-USDT | −0.013% | 0.0000% | 8h | $1K | $1.7M | 10x | as long as short |
| Bitget NBISUSDT | 0.000% | 0.0000% | 8h | $2.6M | $4.4M | 20x | as long as short |
| Phemex NBISUSDTlong | 0.000% | 0.0000% | 8h | $1.6M | $855K | 10x | |
| Arcus NBIS-USD | +0.008% | +0.0040% | 1h | $41K | $93K | 5x | as long as short |
| Binance NBISUSDT | +0.017% | +0.0006% | 8h | $21.1M | $74.8M | 25x | as long as short |
| Lighter NBIS | +0.038% | +0.0344% | 1h | $1.0M | $4.3M | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.042% | +0.0194% | 1h | $54.8M | $20.7M | 10x | as long as short |
| Bybit NBISUSDTshort | +0.042% | 0.0000% | 8h | $5.3M | $5.8M | 50x | |
| Phoenix NBIS | +0.042% | +0.0270% | 1h | $7K | $178K | 10x | as long as short |
| OKX NBIS-USDT-SWAP | +0.051% | 0.0000% | 8h | $3.5M | $15.7M | 25x | as long as short |
| QFEX NBIS-USD | +0.055% | +0.0037% | 1h | $1.3M | $4.6M | 10x | as long as short |
| HTX NBIS-USDT | +0.085% | 0.0000% | 8h | $15K | $115K | 20x | as long as short |
| Variational Omni NBIS | +0.104% | 0.0000% | 8h | $2.9M | $887K | — | as long as short |
| Entropy io:NBIS | +0.148% | +0.0302% | 1h | $10.3M | $3.2M | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.148% | +0.0050% | 1h | $158K | $485K | 10x | as long as short |
| Vest NBIS-USD-PERP | +0.157% | +0.0046% | 1h | — | $188K | 5x | as long as short |
| edgeX NBISUSDC | +0.159% | +0.0918% | 4h | $38K | $238K | 10x | as long as short |