Spread before costs (cost unknown: a leg has no order-book sample)−0.165%
7d average—if it closes, per $10,000$16funding while held, a day+$0.30
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo NVDA-PERP | 227.81 | 0.0096 | pay 0.0012% / 1h | 8m 25s | — | — | 10x |
| Short | Phoenix NVDA | 227.43 | 0.0106 | get 0.0013% / 1h | 8m 25s | $94K | $96K | 20x |
Aevo NVDA-PERP
Phoenix NVDAPrice 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
- −$16.47
- Funding while held
- $0.3
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$39.17
- Spread needed to break even
- 0.230%
Slippage unknown: Aevo: no order-book sample; Phoenix: live order book, 84 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0010%
- Per $10,000 a day
- +$0.30
- 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 Aevo no order-book sample | — | — | — | — | — |
| Sell Phoenix live order book, 84 min ago | 2.66 bp | 8.2 bp −$8 | 17.2 bp −$172 | doesn't fit | doesn't fit |
Aevo: 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.
NVDA price on every exchange
against the cheapest. Click to use as the short leg.ApeX Omni227.30cheapest
ApeX OmniPhoenix227.43+0.057%
Aftermath Perps227.47+0.074%Arcus227.49+0.084%SunX227.49+0.084%tradeXYZ227.51+0.092%Extended227.54+0.106%Ondo Perps227.55+0.110%Nado227.56+0.114%edgeX227.57+0.121%Variational Omni227.58+0.125%Polymarket Perps227.61+0.136%Aster227.62+0.141%Pacifica227.64+0.150%Gate227.64+0.150%OKX227.69+0.172%Coinbase International227.69+0.172%Bybit227.70+0.176%Hotstuff227.70+0.176%Binance227.71+0.180%Orderly227.71+0.180%SoDEX227.71+0.180%KuCoin227.72+0.185%Bitget227.72+0.185%QFEX227.73+0.189%HTX227.73+0.189%Phemex227.73+0.189%Deribit227.75+0.198%Injective227.76+0.202%Lighter227.76+0.204%
Arcus
SunX
tradeXYZ
Extended
Ondo Perps
Nado
Variational Omni
Polymarket Perps
Aster
Pacifica
Gate
OKX
Coinbase International
Bybit
Hotstuff
Binance
Orderly
SoDEX
KuCoin
Bitget
QFEX
HTX
Phemex
Deribit
Injective
LighterAevo227.81+0.222%
Vest227.81+0.224%BloFin227.81+0.224%Lighter RH227.87+0.251%
Vest
BloFin
Lighter RHNVDA on 34 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni NVDAUSDT | −0.222% | +0.0100% | 1h | $16K | $43K | 50x | as long as short |
| Phoenix NVDAshort | −0.165% | +0.0106% | 1h | $94K | $96K | 20x | |
| Aftermath Perps NVDAUSD | −0.148% | +0.0137% | 1h | $118K | $52K | 10x | as long as short |
| Arcus NVDA-USD | −0.138% | +0.0040% | 1h | $374K | $586K | 20x | as long as short |
| SunX NVDA-USDT | −0.138% | 0.0000% | 8h | $3K | $3.9M | 20x | as long as short |
| tradeXYZ xyz:NVDA | −0.130% | +0.0050% | 1h | $147.4M | $45.2M | 20x | as long as short |
| Extended NVDA_24_5-USD | −0.116% | +0.0032% | 1h | $536K | $262K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | −0.112% | +0.0050% | 1h | $1.7M | $1.8M | 15x | as long as short |
| Nado NVDA-PERP | −0.108% | +0.0122% | 1h | $480K | $213K | 20x | as long as short |
| edgeX NVDAUSDC | −0.102% | +0.0546% | 4h | $168K | $1.7M | 20x | as long as short |
Show all 34 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni NVDA | −0.097% | 0.0000% | 8h | $3.2M | $2.2M | — | as long as short |
| Polymarket Perps NVDA-USD | −0.086% | +0.0050% | 1h | $397K | $257K | 10x | as long as short |
| Aster NVDAUSDT | −0.081% | +0.0051% | 8h | $526K | $347K | 20x | as long as short |
| Pacifica NVDA | −0.073% | +0.0100% | 1h | $300K | $44K | 10x | as long as short |
| Gate NVDA_USDT | −0.073% | 0.0000% | 8h | $7.3M | $8.5M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | −0.051% | 0.0000% | 8h | $14.7M | $19.7M | 50x | as long as short |
| Coinbase International NVDA-PERP-INTX | −0.051% | +0.0072% | 1h | $1.3M | $781K | 10x | as long as short |
| Bybit NVDAUSDT | −0.046% | 0.0000% | 8h | $12.9M | $13.5M | 100x | as long as short |
| Hotstuff NVDA-PERP | −0.046% | +0.0032% | 1h | $35K | — | 20x | as long as short |
| Binance NVDAUSDT | −0.042% | +0.0059% | 8h | $157.6M | $191.1M | 50x | as long as short |
| Orderly PERP_NVDA_USDC | −0.042% | +0.0100% | 8h | $36K | $22K | 20x | as long as short |
| SoDEX NVDA-USD | −0.042% | +0.0050% | 1h | $59K | $19K | 10x | as long as short |
| KuCoin NVDAUSDTM | −0.037% | +0.0110% | 8h | $1.6M | $606K | 20x | as long as short |
| Bitget NVDAUSDT | −0.037% | +0.0174% | 8h | $15.9M | $17.2M | 100x | as long as short |
| QFEX NVDA-USD | −0.033% | +0.0023% | 1h | $1.3M | $9.3M | 10x | as long as short |
| HTX NVDA-USDT | −0.033% | 0.0000% | 8h | $201K | $348K | 30x | as long as short |
| Phemex NVDAUSDT | −0.033% | 0.0000% | 4h | $2.2M | $41K | 10x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | −0.024% | +0.0233% | 1h | $49K | $1.3M | 10x | as long as short |
| Injective NVDA/USDC PERP | −0.020% | +0.0220% | 1h | $73K | $53K | 30x | as long as short |
| Lighter NVDA | −0.019% | +0.0168% | 1h | $2.1M | $2.9M | 20x | as long as short |
| Aevo NVDA-PERPlong | 0.000% | +0.0096% | 1h | — | — | 10x | |
| Vest NVDA-USD-PERP | +0.002% | +0.0046% | 1h | — | $73K | 25x | as long as short |
| BloFin NVDA-USDT | +0.002% | +0.0176% | 8h | $740K | $173K | 20x | as long as short |
| Lighter RH NVDA | +0.028% | +0.0144% | 1h | $4.8M | $6.2M | 20x | as long as short |