After costs, if the gap returns to its 7d average, $10k−$15
spread now+0.067%7d average−0.053%fees + slippage, in and out−$27spread needed0.269%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance NVDAUSDT | 225.31 | 0.0125 | pay 0.0125% / 8h | 7h 47m | $161.8M | $138.4M | 50x |
| Short | Phoenix NVDA | 225.46 | 0.0178 | get 0.0022% / 1h | 47m 06s | $108K | $36K | 20x |
Price 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
- $6.66
- Funding while held
- $1.58
- Slippage, 4 orders
- −$9.86
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$18.62
- Spread needed to break even
- 0.269%
Slippage from Binance: live order book, 13 min ago; Phoenix: live order book, 51 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0053%
- Per $10,000 a day
- +$1.58
- 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 Binance live order book, 13 min ago | 0.22 bp | 5.2 bp −$5 | 5.5 bp −$55 | 12.3 bp −$1,235 | 52.8 bp −$26.4K |
| Sell Phoenix live order book, 51 min ago | 2.22 bp | 8.2 bp −$8 | 16.7 bp −$167 | doesn't fit | doesn't fit |
NVDA price on every exchange
against the cheapest. Click to use as the short leg.NVDA on 34 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX NVDA-USDT | −0.146% | 0.0000% | 8h | $2K | $3.7M | 20x | as long as short |
| Aftermath Perps NVDAUSD | −0.070% | +0.0137% | 1h | $117K | $52K | 10x | as long as short |
| Extended NVDA_24_5-USD | −0.056% | +0.0032% | 1h | $559K | $230K | 10x | as long as short |
| ApeX Omni NVDAUSDT | −0.040% | +0.0100% | 1h | $16K | $42K | 50x | as long as short |
| Coinbase International NVDA-PERP-INTX | −0.040% | +0.0112% | 1h | $1.3M | $695K | 10x | as long as short |
| edgeX NVDAUSDC | −0.038% | −0.0536% | 4h | $172K | $1.2M | 20x | as long as short |
| tradeXYZ xyz:NVDA | −0.036% | +0.0050% | 1h | $150.8M | $37.7M | 20x | as long as short |
| OKX NVDA-USDT-SWAP | −0.018% | +0.0021% | 8h | $14.9M | $16.2M | 50x | as long as short |
| Bybit NVDAUSDT | −0.013% | 0.0000% | 8h | $12.8M | $11.5M | 100x | as long as short |
| Gate NVDA_USDT | −0.013% | 0.0000% | 8h | $7.2M | $6.4M | 100x | as long as short |
Show all 34 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Deribit NVDA_USDC-PERPETUAL | −0.013% | 0.0000% | 1h | $55K | $1.2M | 10x | as long as short |
| Nado NVDA-PERP | −0.012% | +0.0143% | 1h | $485K | $63K | 20x | as long as short |
| SoDEX NVDA-USD | −0.009% | +0.0050% | 1h | $58K | $17K | 10x | as long as short |
| Binance NVDAUSDTlong | 0.000% | +0.0125% | 8h | $161.8M | $138.4M | 50x | |
| Bitget NVDAUSDT | +0.004% | +0.0228% | 8h | $16.5M | $15.1M | 100x | as long as short |
| Arcus NVDA-USD | +0.009% | +0.0076% | 1h | $385K | $558K | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.009% | +0.0050% | 1h | $358K | $181K | 10x | as long as short |
| HTX NVDA-USDT | +0.009% | 0.0000% | 8h | $200K | $337K | 30x | as long as short |
| BloFin NVDA-USDT | +0.013% | +0.0245% | 8h | $753K | $155K | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.018% | +0.0220% | 1h | $72K | $53K | 30x | as long as short |
| Aevo NVDA-PERP | +0.021% | +0.0112% | 1h | — | — | 10x | as long as short |
| Aster NVDAUSDT | +0.022% | +0.0111% | 8h | $538K | $275K | 20x | as long as short |
| Variational Omni NVDA | +0.024% | +0.0066% | 8h | $3.1M | $2.0M | — | as long as short |
| Orderly PERP_NVDA_USDC | +0.027% | +0.0100% | 8h | $36K | $22K | 20x | as long as short |
| Pacifica NVDA | +0.028% | +0.0100% | 1h | $297K | $43K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.031% | +0.0050% | 1h | $1.5M | $1.4M | 15x | as long as short |
| Hotstuff NVDA-PERP | +0.031% | +0.0144% | 1h | $35K | — | 20x | as long as short |
| Lighter NVDA | +0.038% | +0.0128% | 1h | $1.8M | $2.1M | 20x | as long as short |
| KuCoin NVDAUSDTM | +0.044% | +0.0181% | 8h | $1.6M | $551K | 20x | as long as short |
| QFEX NVDA-USD | +0.049% | +0.0039% | 1h | $1.3M | $7.4M | 10x | as long as short |
| Phoenix NVDAshort | +0.067% | +0.0178% | 1h | $108K | $36K | 20x | |
| Vest NVDA-USD-PERP | +0.075% | +0.0046% | 1h | — | $71K | 25x | as long as short |
| Phemex NVDAUSDT | +0.075% | 0.0000% | 4h | $2.2M | $39K | 10x | as long as short |
| Lighter RH NVDA | +0.084% | +0.0072% | 1h | $4.4M | $5.3M | 20x | as long as short |
Binance NVDAUSDT
Phoenix NVDA
SunX
Extended
ApeX Omni
Coinbase International
tradeXYZ
OKX
Bybit
Gate
Deribit
SoDEX
Bitget
Polymarket Perps
HTX
BloFin
Injective
Aster
Variational Omni
Pacifica
Lighter
KuCoin
Phemex
Lighter RH