Spread before costs (cost unknown: a leg has no order-book sample)+0.186%
7d average−0.414%if it closes, per $10,000$19funding while held, a day+$6.74
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest NBIS-USD-PERP | 236.83 | 0.0046 | pay 0.0006% / 1h | 6m 49s | — | $208K | 5x |
| Short | Phoenix NBIS | 237.27 | 0.0270 | get 0.0034% / 1h | 6m 49s | $7K | $178K | 10x |
Vest NBIS-USD-PERP
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
- $18.58
- Funding while held
- $6.74
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $16.32
- Spread needed to break even
- 0.090%
Slippage unknown: Vest: no order-book sample; Phoenix: live order book, 17 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0225%
- Per $10,000 a day
- +$6.74
- 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 Phoenix live order book, 17 min ago | 4.63 bp | 14.0 bp −$14 | 30.1 bp −$301 | doesn't fit | 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.Kraken Futures236.35cheapestSunX236.39+0.015%Deribit236.39+0.015%Gate236.41+0.023%KuCoin236.43+0.032%Nado236.44+0.035%Extended236.44+0.038%tradeXYZ236.46+0.045%SoDEX236.46+0.045%BloFin236.46+0.045%Bitget236.47+0.049%Bybit236.48+0.053%Arcus236.48+0.053%OKX236.50+0.061%Phemex236.52+0.070%Aster236.54+0.078%Binance236.55+0.084%Ondo Perps236.56+0.087%Orderly236.57+0.091%Aevo236.58+0.093%Lighter236.59+0.100%QFEX236.60+0.104%Polymarket Perps236.60+0.104%
Kraken Futures
SunX
Deribit
Gate
KuCoin
Nado
Extended
tradeXYZ
SoDEX
BloFin
Bitget
Bybit
Arcus
OKX
Phemex
Aster
Binance
Ondo Perps
Orderly
Aevo
Lighter
QFEX
Polymarket PerpsVest236.83+0.201%
HTX236.93+0.243%Entropy236.98+0.265%
HTX
EntropyPhoenix237.27+0.387%
Coinbase International237.62+0.535%edgeX237.67+0.557%Variational Omni237.88+0.644%
Coinbase International
Variational OmniNBIS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NBISUSD | −0.201% | −0.0084% | 1h | $25K | $11K | 20x | as long as short |
| SunX NBIS-USDT | −0.186% | 0.0000% | 8h | $1K | $1.8M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | −0.186% | 0.0000% | 1h | $36K | $88K | 10x | as long as short |
| Gate NBIS_USDT | −0.177% | 0.0000% | 8h | $3.0M | $4.8M | 50x | as long as short |
| KuCoin NBISUSDTM | −0.169% | +0.0100% | 8h | $498K | $21K | 20x | as long as short |
| Nado NBIS-PERP | −0.166% | +0.0202% | 1h | $30K | $65K | 3x | as long as short |
| Extended NBIS-USD | −0.163% | 0.0000% | 1h | $139K | $697K | 10x | as long as short |
| tradeXYZ xyz:NBIS | −0.156% | +0.0204% | 1h | $55.1M | $20.9M | 10x | as long as short |
| SoDEX NBIS-USD | −0.156% | +0.0050% | 1h | $104 | $20K | 10x | as long as short |
| BloFin NBIS-USDT | −0.156% | +0.0027% | 8h | $215K | $214K | 20x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget NBISUSDT | −0.152% | 0.0000% | 8h | $2.6M | $4.5M | 20x | as long as short |
| Bybit NBISUSDT | −0.148% | 0.0000% | 8h | $5.3M | $5.9M | 50x | as long as short |
| Arcus NBIS-USD | −0.148% | +0.0040% | 1h | $41K | $117K | 5x | as long as short |
| OKX NBIS-USDT-SWAP | −0.139% | 0.0000% | 8h | $3.5M | $16.2M | 25x | as long as short |
| Phemex NBISUSDT | −0.131% | 0.0000% | 8h | $1.6M | $878K | 10x | as long as short |
| Aster NBISUSDT | −0.123% | +0.0091% | 8h | $109K | $250K | 50x | as long as short |
| Binance NBISUSDT | −0.117% | 0.0000% | 8h | $21.3M | $77.7M | 25x | as long as short |
| Ondo Perps NBIS-USD.P | −0.114% | +0.0050% | 1h | $160K | $486K | 10x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | −0.110% | +0.0100% | 8h | $2K | $4K | 10x | as long as short |
| Aevo NBIS-PERP | −0.107% | +0.0104% | 1h | — | — | 10x | as long as short |
| Lighter NBIS | −0.101% | +0.0304% | 1h | $1.0M | $4.4M | 10x | as long as short |
| QFEX NBIS-USD | −0.097% | +0.0037% | 1h | $1.4M | $4.7M | 10x | as long as short |
| Polymarket Perps NBIS-USD | −0.097% | +0.0050% | 1h | $129K | $532K | 10x | as long as short |
| Vest NBIS-USD-PERPlong | 0.000% | +0.0046% | 1h | — | $208K | 5x | |
| HTX NBIS-USDT | +0.042% | 0.0000% | 8h | $15K | $115K | 20x | as long as short |
| Entropy io:NBIS | +0.063% | +0.0276% | 1h | $10.4M | $3.2M | 10x | as long as short |
| Phoenix NBISshort | +0.186% | +0.0270% | 1h | $7K | $178K | 10x | |
| Coinbase International NBIS-PERP-INTX | +0.334% | +0.0120% | 1h | $374K | $654K | 10x | as long as short |
| edgeX NBISUSDC | +0.356% | +0.0096% | 4h | $38K | $237K | 10x | as long as short |
| Variational Omni NBIS | +0.442% | 0.0000% | 8h | $2.9M | $920K | — | as long as short |