After costs, if the gap returns to its 7d average, $10k−$17
spread now+0.053%7d average+0.072%fees + slippage, in and out−$15spread needed0.152%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX NBIS-USD | 227.08 | 0.0054 | pay 0.0007% / 1h | 29m 43s | $1.3M | $3.4M | 10x |
| Short | Lighter NBIS | 227.20 | 0.0424 | get 0.0053% / 1h | 29m 43s | $1.6M | $2.2M | 10x |
QFEX NBIS-USD
Lighter 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
- $5.28
- Funding while held
- $11.1
- Slippage, 4 orders
- −$5.18
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $1.21
- Spread needed to break even
- 0.152%
Slippage from QFEX: live order book, 5 min ago; Lighter: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0370%
- Per $10,000 a day
- +$11.10
- 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 QFEX live order book, 5 min ago | 1.32 bp | 6.3 bp −$6 | 9.8 bp −$98 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 4 min ago | 0.66 bp | 1.5 bp −$1 | 3.4 bp −$34 | 60.7 bp −$6,073 | doesn't fit |
NBIS price on every exchange
against the cheapest. Click to use as the short leg.Kraken Futures226.89cheapestKuCoin226.93+0.017%Polymarket Perps226.96+0.030%Deribit226.96+0.030%Nado226.97+0.036%Ondo Perps226.99+0.043%BloFin227.02+0.056%SoDEX227.03+0.061%SunX227.04+0.065%Bybit227.05+0.069%Arcus227.05+0.069%Bitget227.06+0.074%Extended227.07+0.077%Vest227.07+0.078%Orderly227.07+0.078%
Kraken Futures
KuCoin
Polymarket Perps
Deribit
Nado
Ondo Perps
BloFin
SoDEX
SunX
Bybit
Arcus
Bitget
Extended
Vest
OrderlyQFEX227.08+0.083%
Aevo227.08+0.083%Coinbase International227.09+0.087%Binance227.09+0.088%Variational Omni227.12+0.100%tradeXYZ227.13+0.105%Phemex227.13+0.105%Gate227.14+0.109%Entropy227.20+0.136%
Aevo
Coinbase International
Binance
Variational Omni
tradeXYZ
Phemex
Gate
EntropyLighter227.20+0.136%
OKX227.20+0.136%HTX227.25+0.158%Phoenix227.31+0.184%edgeX227.32+0.190%Aster227.35+0.201%
OKX
HTX
Phoenix
AsterNBIS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NBISUSD | −0.083% | +0.0189% | 1h | $25K | $15K | 20x | as long as short |
| KuCoin NBISUSDTM | −0.066% | +0.0100% | 8h | $477K | $11K | 20x | as long as short |
| Polymarket Perps NBIS-USD | −0.053% | +0.0050% | 1h | $110K | $441K | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | −0.053% | 0.0000% | 1h | $27K | $45K | 10x | as long as short |
| Nado NBIS-PERP | −0.047% | +0.0316% | 1h | $29K | $64K | 3x | as long as short |
| Ondo Perps NBIS-USD.P | −0.040% | +0.0050% | 1h | $166K | $223K | 10x | as long as short |
| BloFin NBIS-USDT | −0.026% | +0.0061% | 8h | $201K | $133K | 20x | as long as short |
| SoDEX NBIS-USD | −0.022% | +0.0068% | 1h | $118 | $20K | 10x | as long as short |
| SunX NBIS-USDT | −0.018% | 0.0000% | 8h | $924 | $717K | 10x | as long as short |
| Bybit NBISUSDT | −0.013% | +0.0144% | 8h | $5.3M | $2.6M | 50x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Arcus NBIS-USD | −0.013% | +0.0040% | 1h | $39K | $26K | 5x | as long as short |
| Bitget NBISUSDT | −0.009% | 0.0000% | 8h | $2.4M | $2.0M | 20x | as long as short |
| Extended NBIS-USD | −0.006% | +0.0064% | 1h | $172K | $678K | 10x | as long as short |
| Vest NBIS-USD-PERP | −0.004% | +0.0046% | 1h | — | $32K | 5x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | −0.004% | +0.0100% | 8h | $772 | $485 | 10x | as long as short |
| QFEX NBIS-USDlong | 0.000% | +0.0054% | 1h | $1.3M | $3.4M | 10x | |
| Aevo NBIS-PERP | 0.000% | +0.0104% | 1h | — | — | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.004% | +0.0496% | 1h | $368K | $182K | 10x | as long as short |
| Binance NBISUSDT | +0.006% | +0.0064% | 8h | $21.1M | $26.9M | 25x | as long as short |
| Variational Omni NBIS | +0.018% | +0.0045% | 8h | $2.7M | $592K | — | as long as short |
| tradeXYZ xyz:NBIS | +0.022% | +0.0332% | 1h | $53.9M | $13.3M | 10x | as long as short |
| Phemex NBISUSDT | +0.022% | 0.0000% | 8h | $1.5M | $687K | 10x | as long as short |
| Gate NBIS_USDT | +0.026% | 0.0000% | 8h | $3.4M | $2.1M | 50x | as long as short |
| Entropy io:NBIS | +0.053% | +0.0781% | 1h | $10.0M | $2.0M | 10x | as long as short |
| Lighter NBISshort | +0.053% | +0.0424% | 1h | $1.6M | $2.2M | 10x | |
| OKX NBIS-USDT-SWAP | +0.053% | +0.0076% | 8h | $3.1M | $5.2M | 25x | as long as short |
| HTX NBIS-USDT | +0.075% | 0.0000% | 8h | $34K | $64K | 20x | as long as short |
| Phoenix NBIS | +0.101% | +0.0354% | 1h | $7K | $81K | 10x | as long as short |
| edgeX NBISUSDC | +0.107% | +0.0179% | 4h | $36K | $232K | 10x | as long as short |
| Aster NBISUSDT | +0.118% | 0.0000% | 8h | $65K | $44K | 50x | as long as short |