Spread before costs (cost unknown: a leg has no order-book sample)−0.013%
7d average—if it closes, per $10,000$1funding while held, a day−$0.69
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni NBIS | 234.19 | 0.0045 | pay 0.0045% / 8h | 27m 32s | $2.8M | $768K | — |
| Short | Kraken Futures PF_NBISUSD | 234.16 | 0.0022 | get 0.0003% / 1h | 27m 32s | $25K | $12K | 20x |
Variational Omni NBIS
Kraken Futures PF_NBISUSDPrice 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
- −$1.33
- Funding while held
- −$0.69
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$12.02
- Spread needed to break even
- 0.100%
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Kraken Futures: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0023%
- Per $10,000 a day
- −$0.69
- 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 Variational Omni RFQ quote, 3 min ago | 2.77 bp | doesn't fit | 46.8 bp −$468 | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Kraken Futures: 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.Nado234.11cheapestPhoenix234.15+0.016%
Nado
PhoenixKraken Futures234.16+0.019%
Orderly234.17+0.025%
OrderlyVariational Omni234.19+0.032%
Ondo Perps234.19+0.033%Arcus234.20+0.037%tradeXYZ234.23+0.050%KuCoin234.24+0.055%Deribit234.24+0.055%HTX234.26+0.063%Gate234.27+0.067%OKX234.31+0.084%Entropy234.32+0.089%Lighter234.32+0.089%Aevo234.33+0.093%Polymarket Perps234.33+0.093%SoDEX234.33+0.093%Coinbase International234.34+0.097%Aster234.38+0.114%Phemex234.38+0.114%edgeX234.38+0.115%Extended234.39+0.117%Bybit234.39+0.119%QFEX234.39+0.119%SunX234.39+0.119%Bitget234.43+0.136%Binance234.45+0.143%BloFin234.52+0.174%Vest234.72+0.260%
Ondo Perps
Arcus
tradeXYZ
KuCoin
Deribit
HTX
Gate
OKX
Entropy
Lighter
Aevo
Polymarket Perps
SoDEX
Coinbase International
Aster
Phemex
Extended
Bybit
QFEX
SunX
Bitget
Binance
BloFin
VestNBIS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado NBIS-PERP | −0.032% | +0.0207% | 1h | $29K | $65K | 3x | as long as short |
| Phoenix NBIS | −0.016% | +0.0279% | 1h | $7K | $159K | 10x | as long as short |
| Kraken Futures PF_NBISUSDshort | −0.013% | +0.0022% | 1h | $25K | $12K | 20x | |
| Orderly PERP_NBIS_USDC_mythos | −0.008% | +0.0100% | 8h | $2K | $4K | 10x | as long as short |
| Variational Omni NBISlong | 0.000% | +0.0045% | 8h | $2.8M | $768K | — | |
| Ondo Perps NBIS-USD.P | +0.001% | +0.0050% | 1h | $157K | $456K | 10x | as long as short |
| Arcus NBIS-USD | +0.005% | +0.0040% | 1h | $39K | $81K | 5x | as long as short |
| tradeXYZ xyz:NBIS | +0.018% | +0.0075% | 1h | $54.9M | $19.2M | 10x | as long as short |
| KuCoin NBISUSDTM | +0.022% | +0.0100% | 8h | $500K | $18K | 20x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.022% | +0.0049% | 1h | $35K | $84K | 10x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| HTX NBIS-USDT | +0.031% | 0.0000% | 8h | $18K | $109K | 20x | as long as short |
| Gate NBIS_USDT | +0.035% | 0.0000% | 8h | $3.0M | $4.0M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | +0.052% | +0.0025% | 8h | $3.5M | $13.5M | 25x | as long as short |
| Entropy io:NBIS | +0.056% | +0.0237% | 1h | $10.3M | $3.0M | 10x | as long as short |
| Lighter NBIS | +0.056% | +0.0096% | 1h | $1.0M | $4.1M | 10x | as long as short |
| Aevo NBIS-PERP | +0.060% | +0.0104% | 1h | — | — | 10x | as long as short |
| Polymarket Perps NBIS-USD | +0.061% | +0.0050% | 1h | $124K | $508K | 10x | as long as short |
| SoDEX NBIS-USD | +0.061% | +0.0050% | 1h | $70 | $20K | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.065% | +0.0528% | 1h | $349K | $510K | 10x | as long as short |
| Aster NBISUSDT | +0.082% | +0.0156% | 8h | $100K | $184K | 50x | as long as short |
| Phemex NBISUSDT | +0.082% | 0.0000% | 8h | $1.6M | $780K | 10x | as long as short |
| edgeX NBISUSDC | +0.083% | +0.0396% | 4h | $38K | $235K | 10x | as long as short |
| Extended NBIS-USD | +0.084% | +0.0048% | 1h | $171K | $693K | 10x | as long as short |
| Bybit NBISUSDT | +0.086% | +0.0031% | 8h | $5.3M | $4.9M | 50x | as long as short |
| QFEX NBIS-USD | +0.086% | +0.0036% | 1h | $1.3M | $4.1M | 10x | as long as short |
| SunX NBIS-USDT | +0.086% | 0.0000% | 8h | $1K | $1.6M | 10x | as long as short |
| Bitget NBISUSDT | +0.103% | 0.0000% | 8h | $2.4M | $3.6M | 20x | as long as short |
| Binance NBISUSDT | +0.111% | +0.0052% | 8h | $21.8M | $62.7M | 25x | as long as short |
| BloFin NBIS-USDT | +0.142% | +0.0036% | 8h | $216K | $190K | 20x | as long as short |
| Vest NBIS-USD-PERP | +0.227% | +0.0046% | 1h | — | $131K | 5x | as long as short |