Spread before costs (cost unknown: a leg has no order-book sample)+0.009%
7d average−0.015%if it closes, per $10,000$1funding while held, a day+$0.01
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps NBIS-USD | 232.23 | 0.0050 | pay 0.0006% / 1h | 34m 12s | $123K | $514K | 10x |
| Short | Ondo Perps NBIS-USD.P | 232.25 | 0.0050 | get 0.0006% / 1h | 34m 12s | $154K | $464K | 10x |
Polymarket Perps NBIS-USD
Ondo Perps NBIS-USD.PPrice 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
- $0.86
- Funding while held
- $0.01
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$12.13
- Spread needed to break even
- 0.130%
Slippage unknown: Polymarket Perps: live order book, 10 min ago; Ondo Perps: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.01
- 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, 10 min ago | 2.15 bp | 6.1 bp −$6 | 7.4 bp −$74 | 34.7 bp −$3,465 | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: 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.HTX231.43cheapestVariational Omni231.85+0.182%Phoenix232.00+0.246%Arcus232.06+0.272%KuCoin232.15+0.311%Gate232.16+0.315%QFEX232.17+0.320%Aster232.23+0.344%
HTX
Variational Omni
Phoenix
Arcus
KuCoin
Gate
QFEX
AsterPolymarket Perps232.23+0.346%
SunX232.24+0.350%Kraken Futures232.25+0.354%Entropy232.25+0.354%
SunX
Kraken Futures
EntropyOndo Perps232.25+0.354%
tradeXYZ232.27+0.363%Coinbase International232.33+0.389%Nado232.34+0.391%Orderly232.34+0.393%Deribit232.36+0.402%Lighter232.37+0.406%SoDEX232.37+0.406%OKX232.38+0.410%BloFin232.39+0.415%Aevo232.39+0.415%Bybit232.40+0.419%Bitget232.40+0.419%Binance232.42+0.426%Extended232.44+0.435%Phemex232.47+0.449%edgeX232.50+0.460%Vest232.55+0.484%
tradeXYZ
Coinbase International
Nado
Orderly
Deribit
Lighter
SoDEX
OKX
BloFin
Aevo
Bybit
Bitget
Binance
Extended
Phemex
VestNBIS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| HTX NBIS-USDT | −0.344% | 0.0000% | 8h | $18K | $109K | 20x | as long as short |
| Variational Omni NBIS | −0.163% | +0.0017% | 8h | $2.8M | $782K | — | as long as short |
| Phoenix NBIS | −0.099% | +0.0274% | 1h | $8K | $168K | 10x | as long as short |
| Arcus NBIS-USD | −0.073% | +0.0040% | 1h | $39K | $82K | 5x | as long as short |
| KuCoin NBISUSDTM | −0.034% | +0.0100% | 8h | $496K | $19K | 20x | as long as short |
| Gate NBIS_USDT | −0.030% | 0.0000% | 8h | $2.9M | $4.3M | 50x | as long as short |
| QFEX NBIS-USD | −0.026% | +0.0046% | 1h | $1.3M | $4.3M | 10x | as long as short |
| Aster NBISUSDT | −0.002% | +0.0147% | 8h | $103K | $200K | 50x | as long as short |
| Polymarket Perps NBIS-USDlong | 0.000% | +0.0050% | 1h | $123K | $514K | 10x | |
| SunX NBIS-USDT | +0.004% | 0.0000% | 8h | $1K | $1.7M | 10x | as long as short |