After costs, if the gap returns to its 7d average, $10k−$30
spread now−0.022%7d average−0.032%fees + slippage, in and out−$31spread needed0.312%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin NVDA-USDT | 223.83 | 0.0320 | pay 0.0320% / 8h | 1h 29m | $756K | $124K | 20x |
| Short | Phoenix NVDA | 223.78 | 0.0178 | get 0.0022% / 1h | 29m 02s | $108K | $36K | 20x |
BloFin NVDA-USDT
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
- −$2.23
- Funding while held
- −$4.26
- Slippage, 4 orders
- −$12.17
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$37.66
- Spread needed to break even
- 0.312%
Slippage from BloFin: live order book, 24 min ago; Phoenix: live order book, 14 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0142%
- Per $10,000 a day
- −$4.26
- 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 BloFin live order book, 24 min ago | 0.45 bp | 6.4 bp −$6 | 6.5 bp −$65 | 13.1 bp −$1,312 | doesn't fit |
| Sell Phoenix live order book, 14 min ago | 3.13 bp | 9.1 bp −$9 | 19.9 bp −$199 | doesn't fit | doesn't fit |
NVDA price on every exchange
against the cheapest. Click to use as the short leg.Ondo Perps223.55cheapestAftermath Perps223.60+0.024%SunX223.62+0.031%Extended223.65+0.045%Arcus223.65+0.045%edgeX223.66+0.051%Pacifica223.67+0.054%Hotstuff223.68+0.058%ApeX Omni223.68+0.058%Coinbase International223.70+0.067%Nado223.70+0.069%Orderly223.71+0.072%SoDEX223.71+0.072%Deribit223.73+0.081%tradeXYZ223.74+0.085%HTX223.75+0.089%Polymarket Perps223.77+0.098%QFEX223.78+0.103%
Ondo Perps
SunX
Extended
Arcus
Pacifica
Hotstuff
ApeX Omni
Coinbase International
Nado
Orderly
SoDEX
Deribit
tradeXYZ
HTX
Polymarket Perps
QFEXPhoenix223.78+0.103%
Aevo223.79+0.109%Bybit223.80+0.112%OKX223.80+0.112%Gate223.80+0.112%
Aevo
Bybit
OKX
GateBloFin223.83+0.125%
KuCoin223.84+0.130%Bitget223.84+0.130%Vest223.85+0.134%Binance223.85+0.136%Lighter223.88+0.145%Aster223.88+0.148%Phemex223.89+0.152%Variational Omni223.89+0.153%Lighter RH223.96+0.183%Injective223.99+0.197%
KuCoin
Bitget
Vest
Binance
Lighter
Aster
Phemex
Variational Omni
Lighter RH
InjectiveNVDA on 34 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Ondo Perps NVDA-USD.P | −0.125% | +0.0050% | 1h | $1.7M | $746K | 15x | as long as short |
| Aftermath Perps NVDAUSD | −0.101% | +0.0158% | 1h | $116K | $49K | 10x | as long as short |
| SunX NVDA-USDT | −0.094% | 0.0000% | 8h | $3K | $2.9M | 20x | as long as short |
| Extended NVDA_24_5-USD | −0.080% | +0.0048% | 1h | $551K | $222K | 10x | as long as short |
| Arcus NVDA-USD | −0.080% | +0.0040% | 1h | $496K | $430K | 20x | as long as short |
| edgeX NVDAUSDC | −0.074% | −0.0713% | 4h | $172K | $975K | 20x | as long as short |
| Pacifica NVDA | −0.071% | +0.0100% | 1h | $295K | $41K | 10x | as long as short |
| Hotstuff NVDA-PERP | −0.067% | +0.0056% | 1h | $35K | — | 20x | as long as short |
| ApeX Omni NVDAUSDT | −0.067% | +0.0100% | 1h | $15K | $39K | 50x | as long as short |
| Coinbase International NVDA-PERP-INTX | −0.058% | +0.0168% | 1h | $1.3M | $628K | 10x | as long as short |
Show all 34 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado NVDA-PERP | −0.056% | +0.0117% | 1h | $488K | $55K | 20x | as long as short |
| Orderly PERP_NVDA_USDC | −0.054% | +0.0100% | 8h | $34K | $29K | 20x | as long as short |
| SoDEX NVDA-USD | −0.054% | +0.0050% | 1h | $58K | $14K | 10x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | −0.045% | 0.0000% | 1h | $64K | $1.0M | 10x | as long as short |
| tradeXYZ xyz:NVDA | −0.040% | +0.0050% | 1h | $150.8M | $34.1M | 20x | as long as short |
| HTX NVDA-USDT | −0.036% | 0.0000% | 8h | $199K | $280K | 30x | as long as short |
| Polymarket Perps NVDA-USD | −0.027% | +0.0050% | 1h | $345K | $149K | 10x | as long as short |
| QFEX NVDA-USD | −0.022% | +0.0046% | 1h | $1.3M | $5.8M | 10x | as long as short |
| Phoenix NVDAshort | −0.022% | +0.0178% | 1h | $108K | $36K | 20x | |
| Aevo NVDA-PERP | −0.016% | +0.0128% | 1h | — | — | 10x | as long as short |
| Bybit NVDAUSDT | −0.013% | +0.0002% | 8h | $12.8M | $9.8M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | −0.013% | +0.0109% | 8h | $14.9M | $14.0M | 50x | as long as short |
| Gate NVDA_USDT | −0.013% | 0.0000% | 8h | $7.1M | $5.4M | 100x | as long as short |
| BloFin NVDA-USDTlong | 0.000% | +0.0320% | 8h | $756K | $124K | 20x | |
| KuCoin NVDAUSDTM | +0.004% | +0.0253% | 8h | $1.5M | $430K | 20x | as long as short |
| Bitget NVDAUSDT | +0.004% | +0.0278% | 8h | $16.9M | $14.6M | 100x | as long as short |
| Vest NVDA-USD-PERP | +0.009% | +0.0046% | 1h | — | $68K | 25x | as long as short |
| Binance NVDAUSDT | +0.011% | +0.0200% | 8h | $161.0M | $105.1M | 50x | as long as short |
| Lighter NVDA | +0.020% | +0.0240% | 1h | $1.8M | $2.0M | 20x | as long as short |
| Aster NVDAUSDT | +0.022% | +0.0167% | 8h | $545K | $257K | 20x | as long as short |
| Phemex NVDAUSDT | +0.027% | 0.0000% | 4h | $2.2M | $38K | 10x | as long as short |
| Variational Omni NVDA | +0.028% | +0.0169% | 8h | $3.2M | $1.8M | — | as long as short |
| Lighter RH NVDA | +0.058% | +0.0168% | 1h | $4.5M | $5.0M | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.071% | +0.0220% | 1h | $72K | $87K | 30x | as long as short |