data as of
Settings8H · net · $10k
Price arb /

NCLD

RWAall NCLD markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$332
spread now+0.200%7d average−0.088%fees + slippage, in and out−$361spread needed3.612%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX NCLD-USD24.9900get 0.0000% / 1h48m 06s$1.1M$535K10x
ShortBybit NCLDUSDT25.0400get 0.0000% / 8h6h 48m$170K$90K25x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$20.01
Funding while held
$0
Slippage, 4 orders
−$340.23
Fee QFEX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$341.22
Spread needed to break even
3.612%
Slippage from QFEX: live order book, 4 min ago; Bybit: live order book, 19 min ago.

Cost of waiting

funding view
Funding /8h
0.0000%
Per $10,000 a day
+$0.00
Average in range /8h

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 4 min ago8.00 bp20.9 bp −$2124.2 bp −$242doesn't fitdoesn't fit
Sell Bybit live order book, 19 min ago13.98 bp166.9 bp −$1671047.7 bp −$10.5Kdoesn't fitdoesn't fit

NCLD price on every exchange

against the cheapest. Click to use as the short leg.
QFEX24.990cheapest
tradeXYZ25.024+0.136%
Bybit25.040+0.200%
Polymarket Perps25.053+0.252%

NCLD on 4 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
QFEX NCLD-USDlong0.000%0.0000%1h$1.1M$535K10x
tradeXYZ xyz:NCLD+0.136%+0.0880%1h$368K$197K10xas long as short
Bybit NCLDUSDTshort+0.200%0.0000%8h$170K$90K25x
Polymarket Perps NCLD-USD+0.252%+0.0050%1h$19K$233K10xas long as short