After costs, if the gap returns to its 7d average, $10k−$44
spread now−0.044%7d average+0.008%fees + slippage, in and out−$39spread needed0.393%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX NBIS-USD | 227.96 | 0.0050 | pay 0.0006% / 1h | 19m 17s | $1.3M | $3.9M | 10x |
| Short | tradeXYZ xyz:NBIS | 227.86 | 0.0164 | get 0.0021% / 1h | 19m 17s | $54.9M | $17.2M | 10x |
QFEX NBIS-USD
tradeXYZ xyz: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
- −$4.39
- Funding while held
- $3.44
- Slippage, 4 orders
- −$11.26
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$40.2
- Spread needed to break even
- 0.393%
Slippage from QFEX: live order book, 6 min ago; tradeXYZ: live order book, 11 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0115%
- Per $10,000 a day
- +$3.44
- 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, 6 min ago | 2.18 bp | 8.4 bp −$8 | 11.6 bp −$116 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 11 min ago | 2.40 bp | 12.0 bp −$12 | 16.3 bp −$163 | doesn't fit | doesn't fit |
NBIS price on every exchange
against the cheapest. Click to use as the short leg.Phemex227.71cheapestHTX227.74+0.013%Lighter227.75+0.018%Bybit227.75+0.018%Kraken Futures227.77+0.026%Binance227.79+0.035%OKX227.80+0.040%KuCoin227.85+0.061%Deribit227.85+0.061%
Phemex
HTX
Lighter
Bybit
Kraken Futures
Binance
OKX
KuCoin
DeribittradeXYZ227.86+0.066%
Polymarket Perps227.86+0.066%Nado227.88+0.075%Gate227.90+0.083%Extended227.91+0.089%SoDEX227.93+0.097%Aevo227.94+0.101%Arcus227.95+0.105%Orderly227.95+0.105%
Polymarket Perps
Nado
Gate
Extended
SoDEX
Aevo
Arcus
OrderlyQFEX227.96+0.110%
BloFin227.97+0.114%SunX227.98+0.119%Bitget228.02+0.136%Aster228.04+0.145%Vest228.10+0.171%Entropy228.15+0.193%Ondo Perps228.44+0.321%Phoenix228.62+0.400%Variational Omni228.66+0.417%Coinbase International228.82+0.487%edgeX228.90+0.523%
BloFin
SunX
Bitget
Aster
Vest
Entropy
Ondo Perps
Phoenix
Variational Omni
Coinbase InternationalNBIS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phemex NBISUSDT | −0.110% | 0.0000% | 8h | $1.6M | $751K | 10x | as long as short |
| HTX NBIS-USDT | −0.097% | 0.0000% | 8h | $18K | $105K | 20x | as long as short |
| Lighter NBIS | −0.092% | +0.0240% | 1h | $1.6M | $2.9M | 10x | as long as short |
| Bybit NBISUSDT | −0.092% | +0.0089% | 8h | $5.1M | $4.4M | 50x | as long as short |
| Kraken Futures PF_NBISUSD | −0.084% | +0.0254% | 1h | $25K | $12K | 20x | as long as short |
| Binance NBISUSDT | −0.075% | +0.0041% | 8h | $21.7M | $53.6M | 25x | as long as short |
| OKX NBIS-USDT-SWAP | −0.070% | +0.0074% | 8h | $3.4M | $11.5M | 25x | as long as short |
| KuCoin NBISUSDTM | −0.048% | +0.0100% | 8h | $481K | $14K | 20x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | −0.048% | 0.0000% | 1h | $34K | $84K | 10x | as long as short |
| tradeXYZ xyz:NBISshort | −0.044% | +0.0164% | 1h | $54.9M | $17.2M | 10x |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Polymarket Perps NBIS-USD | −0.044% | +0.0050% | 1h | $119K | $502K | 10x | as long as short |
| Nado NBIS-PERP | −0.035% | +0.0231% | 1h | $29K | $65K | 3x | as long as short |
| Gate NBIS_USDT | −0.026% | 0.0000% | 8h | $3.1M | $3.6M | 50x | as long as short |
| Extended NBIS-USD | −0.021% | +0.0040% | 1h | $166K | $692K | 10x | as long as short |
| SoDEX NBIS-USD | −0.013% | +0.0050% | 1h | $55 | $20K | 10x | as long as short |
| Aevo NBIS-PERP | −0.009% | +0.0104% | 1h | — | — | 10x | as long as short |
| Arcus NBIS-USD | −0.004% | +0.0243% | 1h | $32K | $62K | 5x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | −0.004% | +0.0100% | 8h | $2K | $4K | 10x | as long as short |
| QFEX NBIS-USDlong | 0.000% | +0.0050% | 1h | $1.3M | $3.9M | 10x | |
| BloFin NBIS-USDT | +0.004% | +0.0071% | 8h | $206K | $166K | 20x | as long as short |
| SunX NBIS-USDT | +0.009% | 0.0000% | 8h | $983 | $1.4M | 10x | as long as short |
| Bitget NBISUSDT | +0.026% | 0.0000% | 8h | $2.4M | $3.2M | 20x | as long as short |
| Aster NBISUSDT | +0.035% | +0.0090% | 8h | $75K | $129K | 50x | as long as short |
| Vest NBIS-USD-PERP | +0.061% | +0.0046% | 1h | — | $78K | 5x | as long as short |
| Entropy io:NBIS | +0.083% | +0.0401% | 1h | $10.0M | $2.6M | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.211% | +0.0050% | 1h | $155K | $390K | 10x | as long as short |
| Phoenix NBIS | +0.290% | +0.0355% | 1h | $7K | $118K | 10x | as long as short |
| Variational Omni NBIS | +0.306% | +0.0041% | 8h | $2.8M | $696K | — | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.377% | +0.0480% | 1h | $375K | $192K | 10x | as long as short |
| edgeX NBISUSDC | +0.413% | +0.0112% | 4h | $37K | $235K | 10x | as long as short |