After costs, if the gap returns to its 7d average, $10k−$37
spread now+0.101%7d average+0.003%fees + slippage, in and out−$46spread needed0.465%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps NBIS-USD | 228.78 | 0.0050 | pay 0.0006% / 1h | 27m 42s | $118K | $500K | 10x |
| Short | Bybit NBISUSDT | 229.01 | 0.0089 | get 0.0089% / 8h | 1h 27m | $5.2M | $4.3M | 50x |
Polymarket Perps NBIS-USD
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
- $10.05
- Funding while held
- $1.18
- Slippage, 4 orders
- −$27.49
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$35.26
- Spread needed to break even
- 0.465%
Slippage from Polymarket Perps: live order book, 26 min ago; Bybit: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0039%
- Per $10,000 a day
- +$1.18
- 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 Polymarket Perps live order book, 26 min ago | 3.12 bp | 9.7 bp −$10 | 11.7 bp −$117 | 43.2 bp −$4,315 | doesn't fit |
| Sell Bybit live order book, 2 min ago | 2.41 bp | 13.9 bp −$14 | 62.3 bp −$623 | 291.2 bp −$29.1K | doesn't fit |
NBIS price on every exchange
against the cheapest. Click to use as the short leg.edgeX227.35cheapestVariational Omni227.68+0.145%HTX227.86+0.224%BloFin228.44+0.479%Phoenix228.54+0.523%Arcus228.61+0.554%QFEX228.72+0.602%Entropy228.77+0.624%
Variational Omni
HTX
BloFin
Phoenix
Arcus
QFEX
EntropyPolymarket Perps228.78+0.629%
Kraken Futures228.79+0.632%Coinbase International228.82+0.646%Nado228.84+0.653%Bitget228.84+0.655%OKX228.85+0.659%Vest228.95+0.703%
Kraken Futures
Coinbase International
Nado
Bitget
OKX
VestBybit229.01+0.730%
Aevo229.03+0.737%Binance229.06+0.751%Orderly229.06+0.752%KuCoin229.07+0.756%Deribit229.22+0.822%tradeXYZ229.24+0.831%Ondo Perps229.26+0.840%SoDEX229.27+0.844%Lighter229.29+0.853%SunX229.29+0.853%Extended229.32+0.865%Gate229.32+0.866%Phemex229.34+0.875%Aster229.52+0.954%
Aevo
Binance
Orderly
KuCoin
Deribit
tradeXYZ
Ondo Perps
SoDEX
Lighter
SunX
Extended
Gate
Phemex
AsterNBIS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| edgeX NBISUSDC | −0.625% | +0.0837% | 4h | $36K | $236K | 10x | as long as short |
| Variational Omni NBIS | −0.480% | +0.0038% | 8h | $2.8M | $694K | — | as long as short |
| HTX NBIS-USDT | −0.402% | 0.0000% | 8h | $34K | $64K | 20x | as long as short |
| BloFin NBIS-USDT | −0.149% | +0.0019% | 8h | $210K | $165K | 20x | as long as short |
| Phoenix NBIS | −0.105% | +0.0355% | 1h | $7K | $118K | 10x | as long as short |
| Arcus NBIS-USD | −0.074% | +0.0243% | 1h | $32K | $58K | 5x | as long as short |
| QFEX NBIS-USD | −0.026% | +0.0050% | 1h | $1.3M | $3.8M | 10x | as long as short |
| Entropy io:NBIS | −0.004% | +0.0433% | 1h | $10.0M | $2.5M | 10x | as long as short |
| Polymarket Perps NBIS-USDlong | 0.000% | +0.0050% | 1h | $118K | $500K | 10x | |
| Kraken Futures PF_NBISUSD | +0.003% | +0.0253% | 1h | $25K | $12K | 20x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International NBIS-PERP-INTX | +0.017% | +0.0480% | 1h | $375K | $192K | 10x | as long as short |
| Nado NBIS-PERP | +0.024% | +0.0227% | 1h | $29K | $65K | 3x | as long as short |
| Bitget NBISUSDT | +0.026% | 0.0000% | 8h | $2.4M | $3.2M | 20x | as long as short |
| OKX NBIS-USDT-SWAP | +0.031% | +0.0085% | 8h | $3.4M | $11.3M | 25x | as long as short |
| Vest NBIS-USD-PERP | +0.074% | +0.0046% | 1h | — | $77K | 5x | as long as short |
| Bybit NBISUSDTshort | +0.101% | +0.0089% | 8h | $5.2M | $4.3M | 50x | |
| Aevo NBIS-PERP | +0.107% | +0.0104% | 1h | — | — | 10x | as long as short |
| Binance NBISUSDT | +0.121% | +0.0037% | 8h | $21.9M | $51.8M | 25x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.122% | +0.0100% | 8h | $2K | $4K | 10x | as long as short |
| KuCoin NBISUSDTM | +0.127% | +0.0100% | 8h | $483K | $14K | 20x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.192% | 0.0000% | 1h | $33K | $82K | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.201% | +0.0156% | 1h | $55.2M | $17.1M | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.210% | +0.0050% | 1h | $157K | $373K | 10x | as long as short |
| SoDEX NBIS-USD | +0.214% | +0.0050% | 1h | $60 | $20K | 10x | as long as short |
| Lighter NBIS | +0.223% | +0.0200% | 1h | $1.6M | $2.8M | 10x | as long as short |
| SunX NBIS-USDT | +0.223% | 0.0000% | 8h | $1K | $1.3M | 10x | as long as short |
| Extended NBIS-USD | +0.235% | +0.0040% | 1h | $166K | $694K | 10x | as long as short |
| Gate NBIS_USDT | +0.236% | 0.0000% | 8h | $3.1M | $3.5M | 50x | as long as short |
| Phemex NBISUSDT | +0.245% | 0.0000% | 8h | $1.6M | $745K | 10x | as long as short |
| Aster NBISUSDT | +0.323% | +0.0078% | 8h | $76K | $129K | 50x | as long as short |