Spread before costs (cost unknown: a leg has no order-book sample)+0.004%
7d average—if it closes, per $10,000$0funding while held, a day+$1.79
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus NVDA-USD | 223.74 | 0.0040 | pay 0.0005% / 1h | 31m 13s | $496K | $430K | 20x |
| Short | Orderly PERP_NVDA_USDC | 223.75 | 0.0100 | get 0.0100% / 8h | 1h 31m | $34K | $29K | 20x |
Arcus NVDA-USD
Orderly PERP_NVDA_USDCPrice 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
- $0.45
- Funding while held
- $1.79
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$8.26
- Spread needed to break even
- 0.105%
Slippage unknown: Arcus: live order book, 24 min ago; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0060%
- Per $10,000 a day
- +$1.79
- 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, 24 min ago | 1.12 bp | 7.2 bp −$7 | 10.7 bp −$107 | 18.4 bp −$1,839 | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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.Aftermath Perps223.54cheapestSunX223.56+0.011%Variational Omni223.59+0.024%Ondo Perps223.61+0.033%Extended223.65+0.050%Hotstuff223.66+0.056%ApeX Omni223.66+0.056%edgeX223.66+0.057%SoDEX223.70+0.073%Deribit223.70+0.073%Coinbase International223.70+0.073%Nado223.71+0.078%
SunX
Variational Omni
Ondo Perps
Extended
Hotstuff
ApeX Omni
SoDEX
Deribit
Coinbase International
NadoArcus223.74+0.091%
Pacifica223.74+0.093%
PacificaOrderly223.75+0.096%
tradeXYZ223.77+0.105%Gate223.78+0.109%Polymarket Perps223.78+0.109%Phoenix223.78+0.109%BloFin223.78+0.109%Binance223.80+0.118%Aevo223.81+0.122%Lighter223.82+0.128%Bybit223.83+0.132%QFEX223.83+0.132%OKX223.84+0.136%Bitget223.86+0.145%Phemex223.87+0.149%Aster223.88+0.154%Vest223.88+0.154%HTX223.88+0.154%KuCoin223.90+0.163%Lighter RH223.91+0.167%Injective223.99+0.203%
tradeXYZ
Gate
Polymarket Perps
Phoenix
BloFin
Binance
Aevo
Lighter
Bybit
QFEX
OKX
Bitget
Phemex
Aster
Vest
HTX
KuCoin
Lighter RH
InjectiveNVDA on 34 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aftermath Perps NVDAUSD | −0.091% | +0.0163% | 1h | $116K | $49K | 10x | as long as short |
| SunX NVDA-USDT | −0.080% | 0.0000% | 8h | $3K | $2.9M | 20x | as long as short |
| Variational Omni NVDA | −0.067% | +0.0171% | 8h | $3.2M | $1.8M | — | as long as short |
| Ondo Perps NVDA-USD.P | −0.058% | +0.0050% | 1h | $1.7M | $746K | 15x | as long as short |
| Extended NVDA_24_5-USD | −0.041% | +0.0048% | 1h | $555K | $217K | 10x | as long as short |
| Hotstuff NVDA-PERP | −0.036% | +0.0104% | 1h | $35K | — | 20x | as long as short |
| ApeX Omni NVDAUSDT | −0.036% | +0.0100% | 1h | $15K | $39K | 50x | as long as short |
| edgeX NVDAUSDC | −0.034% | −0.0713% | 4h | $172K | $975K | 20x | as long as short |
| SoDEX NVDA-USD | −0.018% | +0.0050% | 1h | $58K | $14K | 10x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | −0.018% | 0.0000% | 1h | $64K | $1.0M | 10x | as long as short |
Show all 34 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International NVDA-PERP-INTX | −0.018% | +0.0168% | 1h | $1.3M | $628K | 10x | as long as short |
| Nado NVDA-PERP | −0.013% | +0.0121% | 1h | $488K | $55K | 20x | as long as short |
| Arcus NVDA-USDlong | 0.000% | +0.0040% | 1h | $496K | $430K | 20x | |
| Pacifica NVDA | +0.001% | +0.0100% | 1h | $295K | $33K | 10x | as long as short |
| Orderly PERP_NVDA_USDCshort | +0.004% | +0.0100% | 8h | $34K | $29K | 20x | |
| tradeXYZ xyz:NVDA | +0.013% | +0.0050% | 1h | $150.9M | $34.0M | 20x | as long as short |
| Gate NVDA_USDT | +0.018% | 0.0000% | 8h | $7.1M | $5.3M | 100x | as long as short |
| Polymarket Perps NVDA-USD | +0.018% | +0.0050% | 1h | $345K | $149K | 10x | as long as short |
| Phoenix NVDA | +0.018% | +0.0178% | 1h | $108K | $36K | 20x | as long as short |
| BloFin NVDA-USDT | +0.018% | +0.0325% | 8h | $756K | $123K | 20x | as long as short |
| Binance NVDAUSDT | +0.027% | +0.0203% | 8h | $160.9M | $104.4M | 50x | as long as short |
| Aevo NVDA-PERP | +0.030% | +0.0128% | 1h | — | — | 10x | as long as short |
| Lighter NVDA | +0.036% | +0.0240% | 1h | $1.8M | $2.0M | 20x | as long as short |
| Bybit NVDAUSDT | +0.040% | +0.0005% | 8h | $12.8M | $9.7M | 100x | as long as short |
| QFEX NVDA-USD | +0.040% | +0.0046% | 1h | $1.3M | $5.7M | 10x | as long as short |
| OKX NVDA-USDT-SWAP | +0.045% | +0.0111% | 8h | $15.0M | $14.0M | 50x | as long as short |
| Bitget NVDAUSDT | +0.054% | +0.0279% | 8h | $16.9M | $14.6M | 100x | as long as short |
| Phemex NVDAUSDT | +0.058% | 0.0000% | 4h | $2.2M | $38K | 10x | as long as short |
| Aster NVDAUSDT | +0.063% | +0.0170% | 8h | $545K | $257K | 20x | as long as short |
| Vest NVDA-USD-PERP | +0.063% | +0.0046% | 1h | — | $67K | 25x | as long as short |
| HTX NVDA-USDT | +0.063% | 0.0000% | 8h | $199K | $281K | 30x | as long as short |
| KuCoin NVDAUSDTM | +0.072% | +0.0257% | 8h | $1.6M | $428K | 20x | as long as short |
| Lighter RH NVDA | +0.076% | +0.0176% | 1h | $4.5M | $4.9M | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.112% | +0.0220% | 1h | $72K | $87K | 30x | as long as short |