After costs, if the gap returns to its 7d average, $10k−$37
spread now−0.040%7d average+0.070%fees + slippage, in and out−$26spread needed0.261%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus NVDA-USD | 227.52 | 0.0040 | pay 0.0005% / 1h | 7m 37s | $374K | $586K | 20x |
| Short | Phoenix NVDA | 227.43 | 0.0106 | get 0.0013% / 1h | 7m 37s | $94K | $96K | 20x |
Arcus NVDA-USD
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
- −$3.96
- Funding while held
- $1.97
- Slippage, 4 orders
- −$14.64
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$28.12
- Spread needed to break even
- 0.261%
Slippage from Arcus: live order book, 33 min ago; Phoenix: live order book, 85 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0066%
- Per $10,000 a day
- +$1.97
- 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, 33 min ago | 1.32 bp | 6.1 bp −$6 | 10.2 bp −$102 | 19.1 bp −$1,908 | doesn't fit |
| Sell Phoenix live order book, 85 min ago | 2.66 bp | 8.2 bp −$8 | 17.2 bp −$172 | doesn't fit | doesn't fit |
NVDA price on every exchange
against the cheapest. Click to use as the short leg.SunX227.29cheapestOndo Perps227.41+0.053%
SunX
Ondo PerpsPhoenix227.43+0.062%
Aftermath Perps227.47+0.078%Nado227.47+0.079%Extended227.47+0.081%SoDEX227.51+0.097%
Nado
Extended
SoDEXArcus227.52+0.101%
Pacifica227.54+0.110%Deribit227.54+0.110%tradeXYZ227.56+0.119%Gate227.57+0.123%HTX227.57+0.123%ApeX Omni227.58+0.128%Polymarket Perps227.58+0.128%Orderly227.58+0.128%Variational Omni227.58+0.130%Hotstuff227.61+0.141%Aevo227.62+0.143%Aster227.62+0.145%OKX227.63+0.150%Phemex227.63+0.150%Bybit227.65+0.158%KuCoin227.66+0.163%Lighter227.68+0.170%Binance227.69+0.176%QFEX227.69+0.176%Coinbase International227.69+0.176%Bitget227.70+0.180%Injective227.76+0.207%edgeX227.76+0.208%Vest227.79+0.220%Lighter RH227.80+0.224%BloFin227.81+0.229%
Pacifica
Deribit
tradeXYZ
Gate
HTX
ApeX Omni
Polymarket Perps
Orderly
Variational Omni
Hotstuff
Aevo
Aster
OKX
Phemex
Bybit
KuCoin
Lighter
Binance
QFEX
Coinbase International
Bitget
Injective
Vest
Lighter RH
BloFinNVDA on 34 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX NVDA-USDT | −0.101% | 0.0000% | 8h | $2K | $3.9M | 20x | as long as short |
| Ondo Perps NVDA-USD.P | −0.048% | +0.0050% | 1h | $1.7M | $1.8M | 15x | as long as short |
| Phoenix NVDAshort | −0.040% | +0.0106% | 1h | $94K | $96K | 20x | |
| Aftermath Perps NVDAUSD | −0.023% | +0.0137% | 1h | $118K | $52K | 10x | as long as short |
| Nado NVDA-PERP | −0.022% | +0.0123% | 1h | $479K | $216K | 20x | as long as short |
| Extended NVDA_24_5-USD | −0.020% | +0.0032% | 1h | $536K | $262K | 10x | as long as short |
| SoDEX NVDA-USD | −0.004% | +0.0050% | 1h | $58K | $19K | 10x | as long as short |
| Arcus NVDA-USDlong | 0.000% | +0.0040% | 1h | $374K | $586K | 20x | |
| Pacifica NVDA | +0.009% | +0.0100% | 1h | $300K | $44K | 10x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.009% | +0.0234% | 1h | $49K | $1.3M | 10x | as long as short |