After costs, if the gap returns to its 7d average, $10k−$53
spread now+0.047%7d average+0.098%fees + slippage, in and out−$47spread needed0.475%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:NBIS | 234.47 | 0.0084 | pay 0.0010% / 1h | 19m 11s | $55.0M | $19.4M | 10x |
| Short | Phoenix NBIS | 234.58 | 0.0279 | get 0.0035% / 1h | 19m 11s | $7K | $159K | 10x |
tradeXYZ xyz:NBIS
Phoenix 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
- $4.69
- Funding while held
- $5.86
- Slippage, 4 orders
- −$22.49
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$36.94
- Spread needed to break even
- 0.475%
Slippage from tradeXYZ: live order book, 12 min ago; Phoenix: live order book, 19 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0195%
- Per $10,000 a day
- +$5.86
- 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, 12 min ago | 0.21 bp | 10.1 bp −$10 | 13.7 bp −$137 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 19 min ago | 4.69 bp | 14.1 bp −$14 | 30.1 bp −$301 | doesn't fit | doesn't fit |
NBIS price on every exchange
against the cheapest. Click to use as the short leg.Nado234.27cheapestArcus234.33+0.026%Coinbase International234.34+0.031%edgeX234.35+0.033%Entropy234.40+0.056%KuCoin234.40+0.056%Kraken Futures234.41+0.059%Ondo Perps234.43+0.069%QFEX234.45+0.078%Polymarket Perps234.45+0.078%
Nado
Arcus
Coinbase International
Entropy
KuCoin
Kraken Futures
Ondo Perps
QFEX
Polymarket PerpstradeXYZ234.47+0.086%
Gate234.47+0.086%Deribit234.47+0.086%Aster234.48+0.090%Orderly234.53+0.112%Bybit234.54+0.116%OKX234.56+0.125%Bitget234.56+0.125%SoDEX234.56+0.125%Binance234.58+0.133%
Gate
Deribit
Aster
Orderly
Bybit
OKX
Bitget
SoDEX
BinancePhoenix234.58+0.133%
Extended234.58+0.133%Aevo234.58+0.134%SunX234.60+0.142%Lighter234.61+0.146%BloFin234.63+0.154%HTX234.67+0.172%Phemex234.70+0.184%Variational Omni234.74+0.199%Vest234.78+0.218%
Extended
Aevo
SunX
Lighter
BloFin
HTX
Phemex
Variational Omni
VestNBIS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado NBIS-PERP | −0.086% | +0.0222% | 1h | $29K | $65K | 3x | as long as short |
| Arcus NBIS-USD | −0.060% | +0.0040% | 1h | $39K | $81K | 5x | as long as short |
| Coinbase International NBIS-PERP-INTX | −0.055% | +0.0528% | 1h | $349K | $510K | 10x | as long as short |
| edgeX NBISUSDC | −0.053% | +0.0529% | 4h | $38K | $236K | 10x | as long as short |
| Entropy io:NBIS | −0.030% | +0.0237% | 1h | $10.3M | $3.0M | 10x | as long as short |
| KuCoin NBISUSDTM | −0.030% | +0.0100% | 8h | $500K | $18K | 20x | as long as short |
| Kraken Futures PF_NBISUSD | −0.027% | +0.0022% | 1h | $25K | $12K | 20x | as long as short |
| Ondo Perps NBIS-USD.P | −0.017% | +0.0050% | 1h | $155K | $457K | 10x | as long as short |
| QFEX NBIS-USD | −0.009% | +0.0036% | 1h | $1.3M | $4.1M | 10x | as long as short |
| Polymarket Perps NBIS-USD | −0.009% | +0.0050% | 1h | $123K | $510K | 10x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:NBISlong | 0.000% | +0.0084% | 1h | $55.0M | $19.4M | 10x | |
| Gate NBIS_USDT | 0.000% | 0.0000% | 8h | $3.0M | $4.1M | 50x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | 0.000% | +0.0134% | 1h | $35K | $86K | 10x | as long as short |
| Aster NBISUSDT | +0.004% | +0.0159% | 8h | $93K | $185K | 50x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.026% | +0.0100% | 8h | $2K | $4K | 10x | as long as short |
| Bybit NBISUSDT | +0.030% | +0.0028% | 8h | $5.3M | $5.0M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | +0.038% | +0.0022% | 8h | $3.6M | $13.9M | 25x | as long as short |
| Bitget NBISUSDT | +0.038% | 0.0000% | 8h | $2.7M | $3.8M | 20x | as long as short |
| SoDEX NBIS-USD | +0.038% | +0.0050% | 1h | $66 | $20K | 10x | as long as short |
| Binance NBISUSDT | +0.047% | +0.0054% | 8h | $21.8M | $63.8M | 25x | as long as short |
| Phoenix NBISshort | +0.047% | +0.0279% | 1h | $7K | $159K | 10x | |
| Extended NBIS-USD | +0.047% | +0.0056% | 1h | $171K | $693K | 10x | as long as short |
| Aevo NBIS-PERP | +0.048% | +0.0104% | 1h | — | — | 10x | as long as short |
| SunX NBIS-USDT | +0.055% | 0.0000% | 8h | $1K | $1.7M | 10x | as long as short |
| Lighter NBIS | +0.060% | +0.0120% | 1h | $1.0M | $4.1M | 10x | as long as short |
| BloFin NBIS-USDT | +0.068% | +0.0048% | 8h | $216K | $192K | 20x | as long as short |
| HTX NBIS-USDT | +0.085% | 0.0000% | 8h | $18K | $109K | 20x | as long as short |
| Phemex NBISUSDT | +0.098% | 0.0000% | 8h | $1.6M | $784K | 10x | as long as short |
| Variational Omni NBIS | +0.113% | +0.0040% | 8h | $2.8M | $776K | — | as long as short |
| Vest NBIS-USD-PERP | +0.132% | +0.0046% | 1h | — | $132K | 5x | as long as short |