After costs, if the gap returns to its 7d average, $10k−$23
spread now+0.103%7d average+0.153%fees + slippage, in and out−$18spread needed0.175%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus NVDA-USD | 222.91 | 0.0040 | pay 0.0005% / 1h | 30m 14s | $497K | $325K | 20x |
| Short | Lighter RH NVDA | 223.14 | 0.0264 | get 0.0033% / 1h | 30m 14s | $4.5M | $4.3M | 20x |
Arcus NVDA-USD
Lighter RH 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
- $10.32
- Funding while held
- $6.71
- Slippage, 4 orders
- −$13.03
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$0.5
- Spread needed to break even
- 0.175%
Slippage from Arcus: live order book, 30 min ago; Lighter RH: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0224%
- Per $10,000 a day
- +$6.71
- 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 Arcus live order book, 30 min ago | 0.22 bp | 5.9 bp −$6 | 9.1 bp −$91 | 27.7 bp −$2,766 | doesn't fit |
| Sell Lighter RH live order book, 5 min ago | 1.12 bp | 2.8 bp −$3 | 5.4 bp −$54 | 38.7 bp −$3,868 | doesn't fit |
NVDA price on every exchange
against the cheapest. Click to use as the short leg.SunX222.72cheapestExtended222.81+0.042%Ondo Perps222.85+0.058%tradeXYZ222.91+0.085%
SunX
Extended
Ondo Perps
tradeXYZArcus222.91+0.085%
Nado222.94+0.098%Polymarket Perps222.94+0.099%Orderly222.94+0.099%Pacifica222.97+0.112%Gate223.00+0.126%SoDEX223.00+0.126%HTX223.02+0.135%KuCoin223.03+0.139%Vest223.03+0.139%Aevo223.03+0.140%QFEX223.04+0.144%Bybit223.06+0.153%Deribit223.08+0.162%Binance223.09+0.165%Aster223.09+0.165%Coinbase International223.09+0.166%Lighter223.10+0.172%BloFin223.11+0.175%
Nado
Polymarket Perps
Orderly
Pacifica
Gate
SoDEX
HTX
KuCoin
Vest
Aevo
QFEX
Bybit
Deribit
Binance
Aster
Coinbase International
Lighter
BloFinLighter RH223.14+0.189%
Bitget223.14+0.189%OKX223.16+0.198%Phemex223.24+0.233%Aftermath Perps223.28+0.253%Hotstuff223.34+0.278%ApeX Omni223.35+0.283%Phoenix223.54+0.368%edgeX223.61+0.398%Variational Omni223.68+0.432%Injective224.19+0.660%
Bitget
OKX
Phemex
Hotstuff
ApeX Omni
Phoenix
Variational Omni
InjectiveNVDA on 34 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX NVDA-USDT | −0.085% | 0.0000% | 8h | $3K | $1.9M | 20x | as long as short |
| Extended NVDA_24_5-USD | −0.044% | +0.0032% | 1h | $557K | $164K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | −0.027% | +0.0050% | 1h | $1.7M | $595K | 15x | as long as short |
| tradeXYZ xyz:NVDA | 0.000% | +0.0154% | 1h | $147.1M | $28.9M | 20x | as long as short |
| Arcus NVDA-USDlong | 0.000% | +0.0040% | 1h | $497K | $325K | 20x | |
| Nado NVDA-PERP | +0.013% | +0.0179% | 1h | $487K | $51K | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.013% | +0.0050% | 1h | $344K | $156K | 10x | as long as short |
| Orderly PERP_NVDA_USDC | +0.013% | +0.0100% | 8h | $34K | $14K | 20x | as long as short |
| Pacifica NVDA | +0.027% | +0.0100% | 1h | $294K | $30K | 10x | as long as short |
| Gate NVDA_USDT | +0.040% | 0.0000% | 8h | $7.0M | $4.2M | 100x | as long as short |
Show all 34 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX NVDA-USD | +0.040% | +0.0050% | 1h | $57K | $10K | 10x | as long as short |
| HTX NVDA-USDT | +0.049% | 0.0000% | 8h | $198K | $285K | 30x | as long as short |
| KuCoin NVDAUSDTM | +0.054% | +0.0345% | 8h | $1.6M | $346K | 20x | as long as short |
| Vest NVDA-USD-PERP | +0.054% | +0.0046% | 1h | — | $693 | 25x | as long as short |
| Aevo NVDA-PERP | +0.055% | +0.0136% | 1h | — | — | 10x | as long as short |
| QFEX NVDA-USD | +0.058% | +0.0054% | 1h | $1.3M | $5.0M | 10x | as long as short |
| Bybit NVDAUSDT | +0.067% | +0.0043% | 8h | $12.5M | $7.1M | 100x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.076% | +0.0243% | 1h | $71K | $997K | 10x | as long as short |
| Binance NVDAUSDT | +0.080% | +0.0235% | 8h | $159.1M | $64.6M | 50x | as long as short |
| Aster NVDAUSDT | +0.080% | +0.0186% | 8h | $477K | $236K | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.081% | +0.0184% | 1h | $1.3M | $493K | 10x | as long as short |
| Lighter NVDA | +0.087% | +0.0272% | 1h | $1.8M | $1.8M | 20x | as long as short |
| BloFin NVDA-USDT | +0.090% | +0.0354% | 8h | $773K | $96K | 20x | as long as short |
| Lighter RH NVDAshort | +0.103% | +0.0264% | 1h | $4.5M | $4.3M | 20x | |
| Bitget NVDAUSDT | +0.103% | +0.0247% | 8h | $16.7M | $11.6M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | +0.112% | +0.0156% | 8h | $15.2M | $10.3M | 50x | as long as short |
| Phemex NVDAUSDT | +0.148% | 0.0000% | 4h | $2.2M | $38K | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.168% | +0.0027% | 1h | $115K | $45K | 10x | as long as short |
| Hotstuff NVDA-PERP | +0.193% | +0.0072% | 1h | $35K | — | 20x | as long as short |
| ApeX Omni NVDAUSDT | +0.197% | +0.0100% | 1h | $15K | $35K | 50x | as long as short |
| Phoenix NVDA | +0.283% | +0.0215% | 1h | $108K | $35K | 20x | as long as short |
| edgeX NVDAUSDC | +0.312% | +0.0962% | 4h | $149K | $596K | 20x | as long as short |
| Variational Omni NVDA | +0.346% | +0.0195% | 8h | $3.2M | $1.8M | — | as long as short |
| Injective NVDA/USDC PERP | +0.574% | +0.0220% | 1h | $72K | $115K | 30x | as long as short |