Spread before costs (cost unknown: a leg has no order-book sample)+0.431%
7d average—if it closes, per $10,000$43funding while held, a day+$2.10
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX NBIS-USD | 236.60 | 0.0050 | pay 0.0006% / 1h | 4m 10s | $114 | $20K | 10x |
| Short | Coinbase International NBIS-PERP-INTX | 237.62 | 0.0120 | get 0.0015% / 1h | 4m 10s | $374K | $654K | 10x |
SoDEX NBIS-USD
Coinbase International NBIS-PERP-INTXPrice 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
- $43.11
- Funding while held
- $2.1
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $27.21
- Spread needed to break even
- 0.180%
Slippage unknown: SoDEX: no order-book sample; Coinbase International: live order book, 30 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0070%
- Per $10,000 a day
- +$2.10
- 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 30 min ago | 6.96 bp | 12.0 bp −$12 | 18.4 bp −$184 | doesn't fit | doesn't fit |
SoDEX: 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.Nado236.34cheapestAster236.36+0.006%KuCoin236.37+0.011%Arcus236.39+0.020%Kraken Futures236.39+0.021%Gate236.42+0.032%Variational Omni236.44+0.042%QFEX236.46+0.049%Aevo236.47+0.051%Orderly236.49+0.062%edgeX236.51+0.069%Ondo Perps236.51+0.070%Extended236.52+0.076%Polymarket Perps236.53+0.079%tradeXYZ236.54+0.083%Deribit236.55+0.087%Bybit236.56+0.091%Phoenix236.56+0.091%Binance236.56+0.092%Entropy236.57+0.096%SunX236.60+0.108%
Nado
Aster
KuCoin
Arcus
Kraken Futures
Gate
Variational Omni
QFEX
Aevo
Orderly
Ondo Perps
Extended
Polymarket Perps
tradeXYZ
Deribit
Bybit
Phoenix
Binance
Entropy
SunXSoDEX236.60+0.108%
OKX236.61+0.113%Bitget236.62+0.117%Phemex236.62+0.117%BloFin236.63+0.121%Lighter236.73+0.163%Vest236.77+0.180%HTX236.93+0.248%
OKX
Bitget
Phemex
BloFin
Lighter
Vest
HTXCoinbase International237.62+0.540%
NBIS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado NBIS-PERP | −0.108% | +0.0207% | 1h | $30K | $65K | 3x | as long as short |
| Aster NBISUSDT | −0.102% | +0.0079% | 8h | $111K | $251K | 50x | as long as short |
| KuCoin NBISUSDTM | −0.097% | +0.0100% | 8h | $498K | $21K | 20x | as long as short |
| Arcus NBIS-USD | −0.089% | +0.0040% | 1h | $41K | $117K | 5x | as long as short |
| Kraken Futures PF_NBISUSD | −0.087% | −0.0084% | 1h | $25K | $11K | 20x | as long as short |
| Gate NBIS_USDT | −0.076% | 0.0000% | 8h | $3.0M | $4.8M | 50x | as long as short |
| Variational Omni NBIS | −0.066% | 0.0000% | 8h | $2.9M | $920K | — | as long as short |
| QFEX NBIS-USD | −0.059% | +0.0037% | 1h | $1.4M | $4.8M | 10x | as long as short |
| Aevo NBIS-PERP | −0.057% | +0.0104% | 1h | — | — | 10x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | −0.046% | +0.0100% | 8h | $2K | $4K | 10x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| edgeX NBISUSDC | −0.039% | +0.0461% | 4h | $38K | $238K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | −0.038% | +0.0050% | 1h | $159K | $486K | 10x | as long as short |
| Extended NBIS-USD | −0.033% | 0.0000% | 1h | $139K | $697K | 10x | as long as short |
| Polymarket Perps NBIS-USD | −0.030% | +0.0050% | 1h | $129K | $532K | 10x | as long as short |
| tradeXYZ xyz:NBIS | −0.025% | +0.0207% | 1h | $55.2M | $21.0M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | −0.021% | +0.0088% | 1h | $36K | $88K | 10x | as long as short |
| Bybit NBISUSDT | −0.017% | 0.0000% | 8h | $5.3M | $5.9M | 50x | as long as short |
| Phoenix NBIS | −0.017% | +0.0270% | 1h | $7K | $178K | 10x | as long as short |
| Binance NBISUSDT | −0.016% | 0.0000% | 8h | $21.2M | $77.8M | 25x | as long as short |
| Entropy io:NBIS | −0.013% | +0.0273% | 1h | $10.4M | $3.2M | 10x | as long as short |
| SunX NBIS-USDT | 0.000% | 0.0000% | 8h | $906 | $1.8M | 10x | as long as short |
| SoDEX NBIS-USDlong | 0.000% | +0.0050% | 1h | $114 | $20K | 10x | |
| OKX NBIS-USDT-SWAP | +0.004% | 0.0000% | 8h | $3.5M | $16.2M | 25x | as long as short |
| Bitget NBISUSDT | +0.008% | 0.0000% | 8h | $2.6M | $4.5M | 20x | as long as short |
| Phemex NBISUSDT | +0.008% | 0.0000% | 8h | $1.6M | $880K | 10x | as long as short |
| BloFin NBIS-USDT | +0.013% | −0.0029% | 8h | $216K | $215K | 20x | as long as short |
| Lighter NBIS | +0.055% | +0.0312% | 1h | $1.0M | $4.4M | 10x | as long as short |
| Vest NBIS-USD-PERP | +0.072% | +0.0046% | 1h | — | $208K | 5x | as long as short |
| HTX NBIS-USDT | +0.139% | 0.0000% | 8h | $15K | $115K | 20x | as long as short |
| Coinbase International NBIS-PERP-INTXshort | +0.431% | +0.0120% | 1h | $374K | $654K | 10x |