Spread before costs (cost unknown: a leg has no order-book sample)−0.089%
7d average—if it closes, per $10,000$9funding while held, a day−$0.39
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest NBIS-USD-PERP | 234.67 | 0.0046 | pay 0.0006% / 1h | 27m 56s | — | $131K | 5x |
| Short | Bybit NBISUSDT | 234.46 | 0.0033 | get 0.0033% / 8h | 27m 56s | $5.3M | $4.9M | 50x |
Vest NBIS-USD-PERP
Bybit NBISUSDTPrice 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
- −$8.95
- Funding while held
- −$0.39
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$22.34
- Spread needed to break even
- 0.130%
Slippage unknown: Vest: no order-book sample; Bybit: live order book, 1 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0013%
- Per $10,000 a day
- −$0.39
- 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 Vest no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 1 min ago | 0.85 bp | 11.5 bp −$12 | 58.2 bp −$582 | 269.8 bp −$27.0K | doesn't fit |
Vest: 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.KuCoin234.11cheapestNado234.11+0.001%Arcus234.14+0.013%Phoenix234.15+0.017%Kraken Futures234.16+0.020%Extended234.17+0.025%Entropy234.17+0.026%Orderly234.17+0.026%Variational Omni234.19+0.033%Ondo Perps234.19+0.034%Gate234.24+0.056%Deribit234.24+0.056%Aster234.25+0.060%HTX234.26+0.064%tradeXYZ234.27+0.068%QFEX234.27+0.068%Polymarket Perps234.27+0.068%edgeX234.32+0.088%Aevo234.33+0.094%SoDEX234.33+0.094%Coinbase International234.34+0.098%Lighter234.38+0.115%Phemex234.38+0.115%SunX234.39+0.120%Binance234.41+0.127%OKX234.44+0.141%Bitget234.44+0.141%
KuCoin
Nado
Arcus
Phoenix
Kraken Futures
Extended
Entropy
Orderly
Variational Omni
Ondo Perps
Gate
Deribit
Aster
HTX
tradeXYZ
QFEX
Polymarket Perps
Aevo
SoDEX
Coinbase International
Lighter
Phemex
SunX
Binance
OKX
BitgetBybit234.46+0.150%
BloFin234.52+0.175%
BloFinVest234.67+0.239%
NBIS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin NBISUSDTM | −0.239% | +0.0100% | 8h | $499K | $18K | 20x | as long as short |
| Nado NBIS-PERP | −0.238% | +0.0207% | 1h | $29K | $65K | 3x | as long as short |
| Arcus NBIS-USD | −0.226% | +0.0040% | 1h | $39K | $81K | 5x | as long as short |
| Phoenix NBIS | −0.222% | +0.0279% | 1h | $7K | $159K | 10x | as long as short |
| Kraken Futures PF_NBISUSD | −0.219% | +0.0022% | 1h | $25K | $12K | 20x | as long as short |
| Extended NBIS-USD | −0.213% | +0.0048% | 1h | $171K | $693K | 10x | as long as short |
| Entropy io:NBIS | −0.213% | +0.0230% | 1h | $10.3M | $3.0M | 10x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | −0.213% | +0.0100% | 8h | $2K | $4K | 10x | as long as short |
| Variational Omni NBIS | −0.206% | +0.0045% | 8h | $2.8M | $768K | — | as long as short |
| Ondo Perps NBIS-USD.P | −0.205% | +0.0050% | 1h | $157K | $456K | 10x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate NBIS_USDT | −0.183% | 0.0000% | 8h | $3.0M | $4.0M | 50x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | −0.183% | +0.0049% | 1h | $35K | $84K | 10x | as long as short |
| Aster NBISUSDT | −0.179% | +0.0155% | 8h | $98K | $184K | 50x | as long as short |
| HTX NBIS-USDT | −0.175% | 0.0000% | 8h | $18K | $109K | 20x | as long as short |
| tradeXYZ xyz:NBIS | −0.170% | +0.0076% | 1h | $54.9M | $19.2M | 10x | as long as short |
| QFEX NBIS-USD | −0.170% | +0.0036% | 1h | $1.3M | $4.1M | 10x | as long as short |
| Polymarket Perps NBIS-USD | −0.170% | +0.0050% | 1h | $124K | $508K | 10x | as long as short |
| edgeX NBISUSDC | −0.151% | +0.0374% | 4h | $38K | $237K | 10x | as long as short |
| Aevo NBIS-PERP | −0.145% | +0.0104% | 1h | — | — | 10x | as long as short |
| SoDEX NBIS-USD | −0.145% | +0.0050% | 1h | $70 | $20K | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | −0.141% | +0.0528% | 1h | $349K | $510K | 10x | as long as short |
| Lighter NBIS | −0.124% | +0.0096% | 1h | $1.0M | $4.1M | 10x | as long as short |
| Phemex NBISUSDT | −0.124% | 0.0000% | 8h | $1.6M | $780K | 10x | as long as short |
| SunX NBIS-USDT | −0.119% | 0.0000% | 8h | $1K | $1.6M | 10x | as long as short |
| Binance NBISUSDT | −0.112% | +0.0051% | 8h | $21.8M | $62.6M | 25x | as long as short |
| OKX NBIS-USDT-SWAP | −0.098% | +0.0025% | 8h | $3.5M | $13.5M | 25x | as long as short |
| Bitget NBISUSDT | −0.098% | 0.0000% | 8h | $2.4M | $3.6M | 20x | as long as short |
| Bybit NBISUSDTshort | −0.089% | +0.0033% | 8h | $5.3M | $4.9M | 50x | |
| BloFin NBIS-USDT | −0.064% | +0.0036% | 8h | $216K | $190K | 20x | as long as short |
| Vest NBIS-USD-PERPlong | 0.000% | +0.0046% | 1h | — | $131K | 5x |