Spread before costs (cost unknown: a leg has no order-book sample)−0.025%
7d average+0.085%if it closes, per $10,000$2funding while held, a day−$0.23
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus NVDA-USD | 225.25 | 0.0076 | pay 0.0009% / 1h | 51m 27s | $385K | $568K | 20x |
| Short | Variational Omni NVDA | 225.19 | 0.0068 | get 0.0068% / 8h | 7h 51m | $3.1M | $2.0M | — |
Arcus NVDA-USD
Variational Omni 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
- −$2.49
- Funding while held
- −$0.23
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$7.22
- Spread needed to break even
- 0.045%
Slippage unknown: Arcus: live order book, 59 min ago; Variational Omni: RFQ quote, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0008%
- Per $10,000 a day
- −$0.23
- 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, 59 min ago | 0.22 bp | 4.5 bp −$5 | 6.8 bp −$68 | 12.4 bp −$1,244 | doesn't fit |
| Sell Variational Omni RFQ quote, 4 min ago | 2.80 bp | doesn't fit | 3.3 bp −$33 | doesn't fit | doesn't fit |
NVDA price on every exchange
against the cheapest. Click to use as the short leg.SunX224.81cheapestNado225.04+0.104%ApeX Omni225.07+0.116%Aftermath Perps225.09+0.126%Phoenix225.13+0.142%Pacifica225.18+0.162%Extended225.18+0.163%tradeXYZ225.18+0.165%Gate225.18+0.165%
SunX
Nado
ApeX Omni
Phoenix
Pacifica
Extended
tradeXYZ
GateVariational Omni225.19+0.171%
edgeX225.20+0.173%Polymarket Perps225.20+0.173%BloFin225.21+0.178%Aster225.21+0.179%Binance225.22+0.182%Coinbase International225.22+0.182%Bybit225.23+0.187%OKX225.23+0.187%Ondo Perps225.23+0.187%Hotstuff225.24+0.191%Orderly225.24+0.191%
Polymarket Perps
BloFin
Aster
Binance
Coinbase International
Bybit
OKX
Ondo Perps
Hotstuff
OrderlyArcus225.25+0.196%
Phemex225.26+0.200%Vest225.30+0.218%SoDEX225.30+0.218%KuCoin225.31+0.222%QFEX225.32+0.227%Bitget225.32+0.227%Lighter225.34+0.237%Injective225.35+0.240%Deribit225.35+0.240%Aevo225.35+0.242%Lighter RH225.44+0.280%HTX225.45+0.285%
Phemex
Vest
SoDEX
KuCoin
QFEX
Bitget
Lighter
Injective
Deribit
Aevo
Lighter RH
HTXNVDA on 34 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX NVDA-USDT | −0.195% | 0.0000% | 8h | $3K | $3.7M | 20x | as long as short |
| Nado NVDA-PERP | −0.091% | +0.0160% | 1h | $485K | $62K | 20x | as long as short |
| ApeX Omni NVDAUSDT | −0.080% | +0.0100% | 1h | $16K | $42K | 50x | as long as short |
| Aftermath Perps NVDAUSD | −0.069% | +0.0144% | 1h | $117K | $52K | 10x | as long as short |
| Phoenix NVDA | −0.053% | +0.0178% | 1h | $108K | $36K | 20x | as long as short |
| Pacifica NVDA | −0.033% | +0.0100% | 1h | $297K | $43K | 10x | as long as short |
| Extended NVDA_24_5-USD | −0.032% | +0.0032% | 1h | $559K | $230K | 10x | as long as short |
| tradeXYZ xyz:NVDA | −0.031% | +0.0061% | 1h | $150.8M | $37.4M | 20x | as long as short |
| Gate NVDA_USDT | −0.031% | 0.0000% | 8h | $7.2M | $6.3M | 100x | as long as short |
| Variational Omni NVDAshort | −0.025% | +0.0068% | 8h | $3.1M | $2.0M | — |
Show all 34 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| edgeX NVDAUSDC | −0.023% | −0.0771% | 4h | $172K | $1.2M | 20x | as long as short |
| Polymarket Perps NVDA-USD | −0.022% | +0.0050% | 1h | $358K | $181K | 10x | as long as short |
| BloFin NVDA-USDT | −0.018% | +0.0249% | 8h | $753K | $154K | 20x | as long as short |
| Aster NVDAUSDT | −0.017% | +0.0114% | 8h | $537K | $274K | 20x | as long as short |
| Binance NVDAUSDT | −0.013% | +0.0127% | 8h | $161.8M | $137.4M | 50x | as long as short |
| Coinbase International NVDA-PERP-INTX | −0.013% | +0.0112% | 1h | $1.3M | $695K | 10x | as long as short |
| Bybit NVDAUSDT | −0.009% | 0.0000% | 8h | $12.8M | $11.4M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | −0.009% | +0.0025% | 8h | $14.9M | $16.1M | 50x | as long as short |
| Ondo Perps NVDA-USD.P | −0.009% | +0.0050% | 1h | $1.5M | $1.4M | 15x | as long as short |
| Hotstuff NVDA-PERP | −0.004% | +0.0056% | 1h | $35K | — | 20x | as long as short |
| Orderly PERP_NVDA_USDC | −0.004% | +0.0100% | 8h | $36K | $22K | 20x | as long as short |
| Arcus NVDA-USDlong | 0.000% | +0.0076% | 1h | $385K | $568K | 20x | |
| Phemex NVDAUSDT | +0.004% | 0.0000% | 4h | $2.2M | $38K | 10x | as long as short |
| Vest NVDA-USD-PERP | +0.022% | +0.0046% | 1h | — | $71K | 25x | as long as short |
| SoDEX NVDA-USD | +0.022% | +0.0050% | 1h | $58K | $17K | 10x | as long as short |
| KuCoin NVDAUSDTM | +0.027% | +0.0184% | 8h | $1.6M | $553K | 20x | as long as short |
| QFEX NVDA-USD | +0.031% | +0.0039% | 1h | $1.3M | $7.3M | 10x | as long as short |
| Bitget NVDAUSDT | +0.031% | +0.0230% | 8h | $16.6M | $15.0M | 100x | as long as short |
| Lighter NVDA | +0.041% | +0.0128% | 1h | $1.8M | $2.1M | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.044% | +0.0220% | 1h | $72K | $53K | 30x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.044% | +0.0150% | 1h | $55K | $1.2M | 10x | as long as short |
| Aevo NVDA-PERP | +0.046% | +0.0112% | 1h | — | — | 10x | as long as short |
| Lighter RH NVDA | +0.084% | +0.0088% | 1h | $4.4M | $5.3M | 20x | as long as short |
| HTX NVDA-USDT | +0.089% | 0.0000% | 8h | $201K | $355K | 30x | as long as short |