Spread before costs (cost unknown: a leg has no order-book sample)+0.047%
7d average—if it closes, per $10,000$5funding while held, a day+$1.75
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster NVDAUSDT | 227.32 | 0.0042 | pay 0.0042% / 8h | 6h 13m | $526K | $347K | 20x |
| Short | Orderly PERP_NVDA_USDC | 227.43 | 0.0100 | get 0.0100% / 8h | 6h 13m | $36K | $22K | 20x |
Aster NVDAUSDT
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
- $4.71
- Funding while held
- $1.75
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$7.53
- Spread needed to break even
- 0.140%
Slippage unknown: Aster: live order book, 25 min ago; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0058%
- Per $10,000 a day
- +$1.75
- 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 Aster live order book, 25 min ago | 1.54 bp | 8.7 bp −$9 | 25.9 bp −$259 | doesn't fit | 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.ApeX Omni227.06cheapestCoinbase International227.13+0.031%Phoenix227.16+0.044%SunX227.17+0.048%Aftermath Perps227.19+0.059%Nado227.25+0.084%edgeX227.26+0.087%Ondo Perps227.27+0.092%Variational Omni227.27+0.094%Extended227.29+0.102%Pacifica227.32+0.115%Arcus227.32+0.115%
ApeX Omni
Coinbase International
Phoenix
SunX
Nado
Ondo Perps
Variational Omni
Extended
Pacifica
ArcusAster227.32+0.116%
Hotstuff227.35+0.128%Polymarket Perps227.37+0.137%SoDEX227.38+0.141%tradeXYZ227.39+0.145%Gate227.39+0.145%
Hotstuff
Polymarket Perps
SoDEX
tradeXYZ
GateOrderly227.43+0.163%
Bybit227.45+0.172%HTX227.45+0.172%OKX227.47+0.181%Deribit227.47+0.181%Binance227.49+0.189%Aevo227.50+0.192%BloFin227.50+0.194%QFEX227.51+0.198%KuCoin227.51+0.198%Bitget227.52+0.203%Lighter227.53+0.207%Vest227.53+0.207%Phemex227.56+0.220%Lighter RH227.63+0.251%Injective227.66+0.264%
Bybit
HTX
OKX
Deribit
Binance
Aevo
BloFin
QFEX
KuCoin
Bitget
Lighter
Vest
Phemex
Lighter RH
InjectiveNVDA on 34 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni NVDAUSDT | −0.116% | +0.0100% | 1h | $16K | $43K | 50x | as long as short |
| Coinbase International NVDA-PERP-INTX | −0.085% | +0.0072% | 1h | $1.3M | $779K | 10x | as long as short |
| Phoenix NVDA | −0.072% | +0.0106% | 1h | $93K | $96K | 20x | as long as short |
| SunX NVDA-USDT | −0.067% | 0.0000% | 8h | $2K | $3.9M | 20x | as long as short |
| Aftermath Perps NVDAUSD | −0.057% | +0.0133% | 1h | $118K | $52K | 10x | as long as short |
| Nado NVDA-PERP | −0.032% | +0.0123% | 1h | $479K | $213K | 20x | as long as short |
| edgeX NVDAUSDC | −0.028% | +0.0075% | 4h | $167K | $1.7M | 20x | as long as short |
| Ondo Perps NVDA-USD.P | −0.023% | +0.0050% | 1h | $1.6M | $1.8M | 15x | as long as short |
| Variational Omni NVDA | −0.021% | 0.0000% | 8h | $3.2M | $2.2M | — | as long as short |
| Extended NVDA_24_5-USD | −0.014% | +0.0032% | 1h | $539K | $258K | 10x | as long as short |
Show all 34 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Pacifica NVDA | −0.001% | +0.0100% | 1h | $299K | $44K | 10x | as long as short |
| Arcus NVDA-USD | −0.001% | +0.0040% | 1h | $373K | $585K | 20x | as long as short |
| Aster NVDAUSDTlong | 0.000% | +0.0042% | 8h | $526K | $347K | 20x | |
| Hotstuff NVDA-PERP | +0.012% | 0.0000% | 1h | $35K | — | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.021% | +0.0050% | 1h | $396K | $257K | 10x | as long as short |
| SoDEX NVDA-USD | +0.025% | +0.0050% | 1h | $58K | $19K | 10x | as long as short |
| tradeXYZ xyz:NVDA | +0.030% | +0.0050% | 1h | $147.4M | $45.4M | 20x | as long as short |
| Gate NVDA_USDT | +0.030% | 0.0000% | 8h | $7.3M | $8.4M | 100x | as long as short |
| Orderly PERP_NVDA_USDCshort | +0.047% | +0.0100% | 8h | $36K | $22K | 20x | |
| Bybit NVDAUSDT | +0.056% | 0.0000% | 8h | $12.8M | $13.0M | 100x | as long as short |
| HTX NVDA-USDT | +0.056% | 0.0000% | 8h | $200K | $348K | 30x | as long as short |
| OKX NVDA-USDT-SWAP | +0.065% | 0.0000% | 8h | $14.7M | $19.4M | 50x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.065% | +0.0454% | 1h | $48K | $1.3M | 10x | as long as short |
| Binance NVDAUSDT | +0.074% | +0.0051% | 8h | $157.5M | $189.9M | 50x | as long as short |
| Aevo NVDA-PERP | +0.076% | +0.0096% | 1h | — | — | 10x | as long as short |
| BloFin NVDA-USDT | +0.078% | +0.0169% | 8h | $741K | $174K | 20x | as long as short |
| QFEX NVDA-USD | +0.082% | +0.0023% | 1h | $1.3M | $9.2M | 10x | as long as short |
| KuCoin NVDAUSDTM | +0.082% | +0.0106% | 8h | $1.6M | $599K | 20x | as long as short |
| Bitget NVDAUSDT | +0.087% | +0.0168% | 8h | $15.9M | $17.2M | 100x | as long as short |
| Lighter NVDA | +0.091% | +0.0160% | 1h | $2.1M | $2.9M | 20x | as long as short |
| Vest NVDA-USD-PERP | +0.091% | +0.0046% | 1h | — | $73K | 25x | as long as short |
| Phemex NVDAUSDT | +0.104% | 0.0000% | 4h | $2.2M | $41K | 10x | as long as short |
| Lighter RH NVDA | +0.135% | +0.0136% | 1h | $4.8M | $6.2M | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.148% | +0.0220% | 1h | $73K | $53K | 30x | as long as short |