Spread before costs (cost unknown: a leg has no order-book sample)+0.042%
7d average—if it closes, per $10,000$4funding while held, a day−$0.06
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:NBIS | 236.50 | 0.0102 | pay 0.0013% / 1h | 2m 20s | $55.0M | $20.5M | 10x |
| Short | Orderly PERP_NBIS_USDC_mythos | 236.60 | 0.0100 | get 0.0100% / 8h | 6h 02m | $2K | $4K | 10x |
tradeXYZ xyz:NBIS
Orderly PERP_NBIS_USDC_mythosPrice 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
- $4.23
- Funding while held
- −$0.06
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$19.83
- Spread needed to break even
- 0.240%
Slippage unknown: tradeXYZ: live order book, 9 min ago; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0002%
- Per $10,000 a day
- −$0.06
- 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 tradeXYZ live order book, 9 min ago | 1.70 bp | 11.0 bp −$11 | 15.1 bp −$151 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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.Coinbase International235.00cheapestVariational Omni235.66+0.281%edgeX235.69+0.292%Entropy235.93+0.396%HTX236.00+0.426%BloFin236.16+0.494%Ondo Perps236.19+0.506%KuCoin236.22+0.519%Arcus236.23+0.523%Nado236.25+0.530%Kraken Futures236.26+0.536%Phoenix236.27+0.540%QFEX236.32+0.562%Gate236.32+0.562%SunX236.40+0.596%Polymarket Perps236.43+0.609%Deribit236.48+0.630%Bitget236.49+0.634%
Coinbase International
Variational Omni
Entropy
HTX
BloFin
Ondo Perps
KuCoin
Arcus
Nado
Kraken Futures
Phoenix
QFEX
Gate
SunX
Polymarket Perps
Deribit
BitgettradeXYZ236.50+0.638%
Aster236.52+0.647%SoDEX236.54+0.655%Phemex236.56+0.664%Aevo236.56+0.665%Extended236.57+0.670%OKX236.59+0.677%Binance236.60+0.681%Bybit236.60+0.681%
Aster
SoDEX
Phemex
Aevo
Extended
OKX
Binance
BybitOrderly236.60+0.681%
Lighter236.64+0.698%Vest236.86+0.791%
Lighter
VestNBIS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International NBIS-PERP-INTX | −0.634% | +0.0272% | 1h | $371K | $558K | 10x | as long as short |
| Variational Omni NBIS | −0.355% | 0.0000% | 8h | $2.8M | $812K | — | as long as short |
| edgeX NBISUSDC | −0.344% | +0.0805% | 4h | $38K | $237K | 10x | as long as short |
| Entropy io:NBIS | −0.241% | +0.0228% | 1h | $10.3M | $3.1M | 10x | as long as short |
| HTX NBIS-USDT | −0.211% | 0.0000% | 8h | $15K | $115K | 20x | as long as short |
| BloFin NBIS-USDT | −0.144% | +0.0020% | 8h | $214K | $211K | 20x | as long as short |
| Ondo Perps NBIS-USD.P | −0.131% | +0.0050% | 1h | $158K | $483K | 10x | as long as short |
| KuCoin NBISUSDTM | −0.118% | +0.0100% | 8h | $504K | $19K | 20x | as long as short |
| Arcus NBIS-USD | −0.114% | +0.0040% | 1h | $41K | $93K | 5x | as long as short |
| Nado NBIS-PERP | −0.107% | +0.0208% | 1h | $30K | $65K | 3x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NBISUSD | −0.102% | −0.0161% | 1h | $25K | $10K | 20x | as long as short |
| Phoenix NBIS | −0.097% | +0.0274% | 1h | $7K | $173K | 10x | as long as short |
| QFEX NBIS-USD | −0.076% | +0.0042% | 1h | $1.3M | $4.5M | 10x | as long as short |
| Gate NBIS_USDT | −0.076% | 0.0000% | 8h | $3.0M | $4.7M | 50x | as long as short |
| SunX NBIS-USDT | −0.042% | 0.0000% | 8h | $1K | $1.7M | 10x | as long as short |
| Polymarket Perps NBIS-USD | −0.030% | +0.0050% | 1h | $129K | $532K | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | −0.008% | 0.0000% | 1h | $36K | $88K | 10x | as long as short |
| Bitget NBISUSDT | −0.004% | 0.0000% | 8h | $2.6M | $4.3M | 20x | as long as short |
| tradeXYZ xyz:NBISlong | 0.000% | +0.0102% | 1h | $55.0M | $20.5M | 10x | |
| Aster NBISUSDT | +0.008% | +0.0141% | 8h | $111K | $235K | 50x | as long as short |
| SoDEX NBIS-USD | +0.017% | +0.0050% | 1h | $118 | $20K | 10x | as long as short |
| Phemex NBISUSDT | +0.025% | 0.0000% | 8h | $1.6M | $846K | 10x | as long as short |
| Aevo NBIS-PERP | +0.027% | +0.0104% | 1h | — | — | 10x | as long as short |
| Extended NBIS-USD | +0.032% | +0.0024% | 1h | $139K | $696K | 10x | as long as short |
| OKX NBIS-USDT-SWAP | +0.038% | 0.0000% | 8h | $3.5M | $15.6M | 25x | as long as short |
| Binance NBISUSDT | +0.042% | +0.0023% | 8h | $21.2M | $73.7M | 25x | as long as short |
| Bybit NBISUSDT | +0.042% | 0.0000% | 8h | $5.3M | $5.7M | 50x | as long as short |
| Orderly PERP_NBIS_USDC_mythosshort | +0.042% | +0.0100% | 8h | $2K | $4K | 10x | |
| Lighter NBIS | +0.059% | +0.0192% | 1h | $1.0M | $4.3M | 10x | as long as short |
| Vest NBIS-USD-PERP | +0.152% | +0.0046% | 1h | — | $168K | 5x | as long as short |