NVDA

Alert

After costs, if the gap returns to its 7d average, $10k−$12

spread now+0.116%7d average+0.084%fees + slippage, in and out−$16spread needed0.156%

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit NVDA_USDC-PERPETUAL	224.89	0	get 0.0000% / 1h	34m 26s	$53K	$1.1M	10x
Short	Lighter RH NVDA	225.15	0.0056	get 0.0007% / 1h	34m 26s	$4.4M	$5.1M	20x

Price spread history

latest

Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Position, each leg$Hold forhoursFee DeribitbpFee Lighter RHbpOrdersClose when spread is

Spread captured: $11.56
Funding while held: $1.68
Slippage, 4 orders: −$8.61
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$2.37
Spread needed to break even: 0.156%

Slippage from Deribit: live order book, 1 min ago; Lighter RH: live order book, 5 min ago.

Cost of waiting

funding view

Funding /8h: +0.0056%
Per $10,000 a day: +$1.68
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 Deribit live order book, 1 min ago	3.56 bp	7.1 bp −$7	9.2 bp −$92	doesn't fit	doesn't fit
Sell Lighter RH live order book, 5 min ago	0.67 bp	0.8 bp −$1	3.4 bp −$34	26.5 bp −$2,655	doesn't fit

NVDA on 34 venues

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
SunX NVDA-USDT	−0.138%	0.0000%	8h	$2K	$3.3M	20x	as long as short
Extended NVDA_24_5-USD	−0.022%	+0.0032%	1h	$559K	$228K	10x	as long as short
Ondo Perps NVDA-USD.P	−0.022%	+0.0050%	1h	$1.7M	$1.3M	15x	as long as short
tradeXYZ xyz:NVDA	−0.018%	+0.0050%	1h	$150.3M	$35.9M	20x	as long as short
Nado NVDA-PERP	−0.017%	+0.0114%	1h	$486K	$60K	20x	as long as short
Arcus NVDA-USD	−0.009%	+0.0040%	1h	$390K	$557K	20x	as long as short
Polymarket Perps NVDA-USD	−0.004%	+0.0050%	1h	$351K	$156K	10x	as long as short
HTX NVDA-USDT	−0.004%	0.0000%	8h	$200K	$364K	30x	as long as short
Binance NVDAUSDT	0.000%	+0.0151%	8h	$161.3M	$124.5M	50x	as long as short
Deribit NVDA_USDC-PERPETUALlong	0.000%	0.0000%	1h	$53K	$1.1M	10x

Show all 34 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Pacifica NVDA	0.000%	+0.0100%	1h	$296K	$43K	10x	as long as short
QFEX NVDA-USD	+0.004%	+0.0032%	1h	$1.3M	$6.8M	10x	as long as short
SoDEX NVDA-USD	+0.004%	+0.0050%	1h	$60K	$15K	10x	as long as short
Bybit NVDAUSDT	+0.009%	0.0000%	8h	$12.9M	$10.9M	100x	as long as short
Bitget NVDAUSDT	+0.009%	+0.0262%	8h	$16.9M	$14.6M	100x	as long as short
KuCoin NVDAUSDTM	+0.018%	+0.0191%	8h	$1.6M	$486K	20x	as long as short
Gate NVDA_USDT	+0.022%	0.0000%	8h	$7.2M	$5.8M	100x	as long as short
ApeX Omni NVDAUSDT	+0.022%	+0.0100%	1h	$16K	$42K	50x	as long as short
OKX NVDA-USDT-SWAP	+0.027%	+0.0049%	8h	$15.0M	$15.5M	50x	as long as short
Coinbase International NVDA-PERP-INTX	+0.027%	+0.0128%	1h	$1.3M	$657K	10x	as long as short
Orderly PERP_NVDA_USDC	+0.036%	+0.0100%	8h	$34K	$21K	20x	as long as short
Aevo NVDA-PERP	+0.036%	+0.0120%	1h	—	—	10x	as long as short
BloFin NVDA-USDT	+0.040%	+0.0273%	8h	$770K	$145K	20x	as long as short
Hotstuff NVDA-PERP	+0.044%	+0.0160%	1h	$35K	—	20x	as long as short
Aster NVDAUSDT	+0.053%	+0.0135%	8h	$541K	$264K	20x	as long as short
Vest NVDA-USD-PERP	+0.053%	+0.0046%	1h	—	$68K	25x	as long as short
Phemex NVDAUSDT	+0.071%	0.0000%	4h	$2.2M	$38K	10x	as long as short
Aftermath Perps NVDAUSD	+0.076%	+0.0161%	1h	$117K	$51K	10x	as long as short
Lighter NVDA	+0.086%	+0.0152%	1h	$1.8M	$2.1M	20x	as long as short
Variational Omni NVDA	+0.091%	+0.0105%	8h	$3.1M	$2.0M	—	as long as short
Lighter RH NVDAshort	+0.116%	+0.0056%	1h	$4.4M	$5.1M	20x
edgeX NVDAUSDC	+0.142%	−0.0095%	4h	$173K	$1.1M	20x	as long as short
Phoenix NVDA	+0.156%	+0.0178%	1h	$108K	$36K	20x	as long as short
Injective NVDA/USDC PERP	+0.351%	+0.0220%	1h	$72K	$53K	30x	as long as short