After costs, if the gap returns to its 7d average, $10k−$35
spread now+0.021%7d average−0.010%fees + slippage, in and out−$38spread needed0.381%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:NBIS | 236.63 | 0.0102 | pay 0.0013% / 1h | 1m 24s | $55.0M | $20.6M | 10x |
| Short | Polymarket Perps NBIS-USD | 236.68 | 0.0050 | get 0.0006% / 1h | 1m 24s | $129K | $532K | 10x |
tradeXYZ xyz:NBIS
Polymarket Perps NBIS-USDPrice 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
- $2.11
- Funding while held
- −$1.57
- Slippage, 4 orders
- −$12.06
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$37.51
- Spread needed to break even
- 0.381%
Slippage from tradeXYZ: live order book, 10 min ago; Polymarket Perps: live order book, 38 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0052%
- Per $10,000 a day
- −$1.57
- 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, 10 min ago | 1.70 bp | 11.0 bp −$11 | 15.1 bp −$151 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 38 min ago | 2.79 bp | 8.9 bp −$9 | 9.3 bp −$93 | 33.9 bp −$3,390 | doesn't fit |
NBIS price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International235.00cheapestVariational Omni235.66+0.281%HTX236.00+0.426%BloFin236.16+0.494%Ondo Perps236.19+0.506%Entropy236.20+0.511%Phoenix236.27+0.540%edgeX236.28+0.545%SunX236.40+0.596%Arcus236.44+0.613%KuCoin236.44+0.613%Kraken Futures236.44+0.613%Nado236.54+0.654%Gate236.54+0.655%Aster236.56+0.664%Phemex236.56+0.664%Deribit236.59+0.677%QFEX236.60+0.681%SoDEX236.61+0.685%Bitget236.62+0.689%
Coinbase International
Variational Omni
HTX
BloFin
Ondo Perps
Entropy
Phoenix
SunX
Arcus
KuCoin
Kraken Futures
Nado
Gate
Aster
Phemex
Deribit
QFEX
SoDEX
BitgettradeXYZ236.63+0.694%
Lighter236.63+0.694%Orderly236.66+0.706%Aevo236.67+0.710%OKX236.67+0.711%
Lighter
Orderly
Aevo
OKXPolymarket Perps236.68+0.715%
Extended236.69+0.718%Binance236.69+0.719%Bybit236.71+0.728%Vest237.10+0.894%
Extended
Binance
Bybit
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 | −0.689% | +0.0272% | 1h | $371K | $558K | 10x | as long as short |
| Variational Omni NBIS | −0.410% | 0.0000% | 8h | $2.8M | $812K | — | as long as short |
| HTX NBIS-USDT | −0.266% | 0.0000% | 8h | $15K | $115K | 20x | as long as short |
| BloFin NBIS-USDT | −0.199% | +0.0020% | 8h | $214K | $211K | 20x | as long as short |
| Ondo Perps NBIS-USD.P | −0.186% | +0.0050% | 1h | $158K | $483K | 10x | as long as short |
| Entropy io:NBIS | −0.182% | +0.0228% | 1h | $10.3M | $3.1M | 10x | as long as short |
| Phoenix NBIS | −0.152% | +0.0274% | 1h | $7K | $173K | 10x | as long as short |
| edgeX NBISUSDC | −0.148% | +0.0059% | 4h | $38K | $238K | 10x | as long as short |
| SunX NBIS-USDT | −0.097% | 0.0000% | 8h | $1K | $1.7M | 10x | as long as short |
| Arcus NBIS-USD | −0.080% | +0.0040% | 1h | $41K | $93K | 5x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin NBISUSDTM | −0.080% | +0.0100% | 8h | $504K | $19K | 20x | as long as short |
| Kraken Futures PF_NBISUSD | −0.080% | −0.0161% | 1h | $25K | $10K | 20x | as long as short |
| Nado NBIS-PERP | −0.040% | +0.0207% | 1h | $30K | $65K | 3x | as long as short |
| Gate NBIS_USDT | −0.038% | 0.0000% | 8h | $3.0M | $4.7M | 50x | as long as short |
| Aster NBISUSDT | −0.030% | +0.0140% | 8h | $111K | $235K | 50x | as long as short |
| Phemex NBISUSDT | −0.030% | 0.0000% | 8h | $1.6M | $846K | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | −0.017% | 0.0000% | 1h | $36K | $88K | 10x | as long as short |
| QFEX NBIS-USD | −0.013% | +0.0042% | 1h | $1.3M | $4.5M | 10x | as long as short |
| SoDEX NBIS-USD | −0.008% | +0.0050% | 1h | $118 | $20K | 10x | as long as short |
| Bitget NBISUSDT | −0.004% | 0.0000% | 8h | $2.6M | $4.4M | 20x | as long as short |
| tradeXYZ xyz:NBISlong | 0.000% | +0.0102% | 1h | $55.0M | $20.6M | 10x | |
| Lighter NBIS | 0.000% | +0.0192% | 1h | $1.0M | $4.3M | 10x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.013% | +0.0100% | 8h | $2K | $4K | 10x | as long as short |
| Aevo NBIS-PERP | +0.016% | +0.0104% | 1h | — | — | 10x | as long as short |
| OKX NBIS-USDT-SWAP | +0.017% | 0.0000% | 8h | $3.5M | $15.6M | 25x | as long as short |
| Polymarket Perps NBIS-USDshort | +0.021% | +0.0050% | 1h | $129K | $532K | 10x | |
| Extended NBIS-USD | +0.025% | +0.0024% | 1h | $139K | $696K | 10x | as long as short |
| Binance NBISUSDT | +0.025% | +0.0023% | 8h | $21.3M | $73.8M | 25x | as long as short |
| Bybit NBISUSDT | +0.034% | 0.0000% | 8h | $5.3M | $5.7M | 50x | as long as short |
| Vest NBIS-USD-PERP | +0.199% | +0.0046% | 1h | — | $173K | 5x | as long as short |