After costs, if the gap returns to its 7d average, $10k−$33
spread now+0.004%7d average+0.029%fees + slippage, in and out−$31spread needed0.306%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International NVDA-PERP-INTX | 227.73 | 0.0096 | pay 0.0012% / 1h | 10m 29s | $1.3M | $805K | 10x |
| Short | Deribit NVDA_USDC-PERPETUAL | 227.74 | 0.0101 | get 0.0013% / 1h | 10m 29s | $49K | $1.3M | 10x |
Coinbase International NVDA-PERP-INTX
Deribit NVDA_USDC-PERPETUALPrice 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
- $0.44
- Funding while held
- $0.16
- Slippage, 4 orders
- −$13.59
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$29.99
- Spread needed to break even
- 0.306%
Slippage from Coinbase International: live order book, 4 min ago; Deribit: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0005%
- Per $10,000 a day
- +$0.16
- 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 Coinbase International live order book, 4 min ago | 2.19 bp | 8.1 bp −$8 | 10.6 bp −$106 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 5 min ago | 3.51 bp | 7.4 bp −$7 | 8.5 bp −$85 | doesn't fit | doesn't fit |
NVDA price on every exchange
against the cheapest. Click to use as the short leg.SunX227.36cheapestOndo Perps227.50+0.062%Aftermath Perps227.61+0.109%Nado227.61+0.112%ApeX Omni227.64+0.123%Hotstuff227.69+0.145%SoDEX227.72+0.158%Extended227.73+0.163%
SunX
Ondo Perps
Nado
ApeX Omni
Hotstuff
SoDEX
ExtendedCoinbase International227.73+0.163%
HTX227.73+0.163%Arcus227.74+0.167%Orderly227.74+0.167%
HTX
Arcus
OrderlyDeribit227.74+0.167%
Pacifica227.74+0.169%Variational Omni227.75+0.173%Aster227.76+0.178%Aevo227.78+0.184%Phemex227.79+0.189%edgeX227.80+0.195%tradeXYZ227.81+0.198%Gate227.82+0.202%BloFin227.82+0.202%KuCoin227.85+0.216%Polymarket Perps227.86+0.220%QFEX227.88+0.229%Phoenix227.88+0.229%OKX227.89+0.233%Binance227.91+0.242%Bybit227.91+0.242%Lighter227.93+0.251%Bitget227.97+0.268%Vest228.04+0.299%Injective228.04+0.299%Lighter RH228.07+0.312%
Pacifica
Variational Omni
Aster
Aevo
Phemex
tradeXYZ
Gate
BloFin
KuCoin
Polymarket Perps
QFEX
Phoenix
OKX
Binance
Bybit
Lighter
Bitget
Vest
Injective
Lighter RHNVDA on 34 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX NVDA-USDT | −0.162% | 0.0000% | 8h | $2K | $3.9M | 20x | as long as short |
| Ondo Perps NVDA-USD.P | −0.101% | +0.0050% | 1h | $1.7M | $1.9M | 15x | as long as short |
| Aftermath Perps NVDAUSD | −0.054% | +0.0160% | 1h | $118K | $53K | 10x | as long as short |
| Nado NVDA-PERP | −0.051% | +0.0138% | 1h | $479K | $215K | 20x | as long as short |
| ApeX Omni NVDAUSDT | −0.040% | +0.0100% | 1h | $16K | $43K | 50x | as long as short |
| Hotstuff NVDA-PERP | −0.018% | +0.0088% | 1h | $35K | — | 20x | as long as short |
| SoDEX NVDA-USD | −0.004% | +0.0050% | 1h | $59K | $19K | 10x | as long as short |
| Extended NVDA_24_5-USD | 0.000% | +0.0032% | 1h | $527K | $309K | 10x | as long as short |
| Coinbase International NVDA-PERP-INTXlong | 0.000% | +0.0096% | 1h | $1.3M | $805K | 10x | |
| HTX NVDA-USDT | 0.000% | 0.0000% | 8h | $200K | $427K | 30x | as long as short |
Show all 34 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Arcus NVDA-USD | +0.004% | +0.0040% | 1h | $377K | $563K | 20x | as long as short |
| Orderly PERP_NVDA_USDC | +0.004% | +0.0100% | 8h | $36K | $22K | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUALshort | +0.004% | +0.0101% | 1h | $49K | $1.3M | 10x | |
| Pacifica NVDA | +0.006% | +0.0100% | 1h | $300K | $49K | 10x | as long as short |
| Variational Omni NVDA | +0.010% | +0.0018% | 8h | $3.4M | $2.2M | — | as long as short |
| Aster NVDAUSDT | +0.015% | +0.0053% | 8h | $512K | $392K | 20x | as long as short |
| Aevo NVDA-PERP | +0.021% | +0.0104% | 1h | — | — | 10x | as long as short |
| Phemex NVDAUSDT | +0.026% | 0.0000% | 4h | $2.2M | $41K | 10x | as long as short |
| edgeX NVDAUSDC | +0.032% | +0.0597% | 4h | $168K | $1.7M | 20x | as long as short |
| tradeXYZ xyz:NVDA | +0.035% | +0.0090% | 1h | $147.6M | $46.1M | 20x | as long as short |
| Gate NVDA_USDT | +0.040% | 0.0000% | 8h | $7.3M | $8.6M | 100x | as long as short |
| BloFin NVDA-USDT | +0.040% | +0.0211% | 8h | $739K | $182K | 20x | as long as short |
| KuCoin NVDAUSDTM | +0.053% | +0.0117% | 8h | $1.6M | $669K | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.057% | +0.0050% | 1h | $397K | $255K | 10x | as long as short |
| QFEX NVDA-USD | +0.066% | +0.0067% | 1h | $1.4M | $10.1M | 10x | as long as short |
| Phoenix NVDA | +0.066% | +0.0141% | 1h | $94K | $112K | 20x | as long as short |
| OKX NVDA-USDT-SWAP | +0.070% | 0.0000% | 8h | $14.6M | $19.7M | 50x | as long as short |
| Binance NVDAUSDT | +0.079% | +0.0091% | 8h | $157.4M | $199.0M | 50x | as long as short |
| Bybit NVDAUSDT | +0.079% | 0.0000% | 8h | $12.8M | $13.8M | 100x | as long as short |
| Lighter NVDA | +0.088% | +0.0184% | 1h | $2.1M | $3.0M | 20x | as long as short |
| Bitget NVDAUSDT | +0.105% | +0.0205% | 8h | $15.9M | $17.4M | 100x | as long as short |
| Vest NVDA-USD-PERP | +0.136% | +0.0046% | 1h | — | $73K | 25x | as long as short |
| Injective NVDA/USDC PERP | +0.136% | +0.0220% | 1h | $73K | $19K | 30x | as long as short |
| Lighter RH NVDA | +0.149% | +0.0168% | 1h | $4.9M | $6.4M | 20x | as long as short |