After costs, if the gap returns to its 7d average, $10k−$27
spread now−0.042%7d average+0.018%fees + slippage, in and out−$21spread needed0.213%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit NVDA_USDC-PERPETUAL | 227.30 | 0.0190 | pay 0.0024% / 1h | 48m 01s | $49K | $1.3M | 10x |
| Short | Nado NVDA-PERP | 227.21 | 0.0193 | get 0.0024% / 1h | 48m 01s | $478K | $216K | 20x |
Deribit NVDA_USDC-PERPETUAL
Nado NVDA-PERPPrice 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
- −$4.17
- Funding while held
- $0.1
- Slippage, 4 orders
- −$7.34
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$25.42
- Spread needed to break even
- 0.213%
Slippage from Deribit: live order book, 2 min ago; Nado: live order book, 51 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0003%
- Per $10,000 a day
- +$0.10
- 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, 2 min ago | 1.76 bp | 5.3 bp −$5 | 8.1 bp −$81 | doesn't fit | doesn't fit |
| Sell Nado live order book, 51 min ago | 1.32 bp | 5.6 bp −$6 | 14.9 bp −$149 | doesn't fit | doesn't fit |
NVDA price on every exchange
against the cheapest. Click to use as the short leg.SunX226.95cheapestApeX Omni227.10+0.066%Extended227.17+0.099%Ondo Perps227.19+0.106%
SunX
ApeX Omni
Extended
Ondo PerpsNado227.21+0.112%
Pacifica227.23+0.123%Arcus227.24+0.128%Hotstuff227.25+0.132%Coinbase International227.25+0.132%Phoenix227.27+0.141%SoDEX227.28+0.145%Gate227.29+0.150%Polymarket Perps227.29+0.150%Variational Omni227.29+0.150%tradeXYZ227.30+0.154%
Pacifica
Arcus
Hotstuff
Coinbase International
Phoenix
SoDEX
Gate
Polymarket Perps
Variational Omni
tradeXYZDeribit227.30+0.154%
Orderly227.32+0.163%Phemex227.35+0.176%Aftermath Perps227.36+0.180%Bybit227.37+0.185%OKX227.37+0.185%KuCoin227.40+0.198%Bitget227.40+0.198%Lighter227.40+0.200%Aster227.40+0.200%Binance227.41+0.203%Aevo227.42+0.206%HTX227.42+0.207%QFEX227.43+0.212%Vest227.44+0.216%BloFin227.45+0.220%edgeX227.51+0.245%Lighter RH227.52+0.251%Injective227.65+0.308%
Orderly
Phemex
Bybit
OKX
KuCoin
Bitget
Lighter
Aster
Binance
Aevo
HTX
QFEX
Vest
BloFin
Lighter RH
InjectiveNVDA on 34 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX NVDA-USDT | −0.154% | 0.0000% | 8h | $3K | $3.9M | 20x | as long as short |
| ApeX Omni NVDAUSDT | −0.088% | +0.0100% | 1h | $16K | $43K | 50x | as long as short |
| Extended NVDA_24_5-USD | −0.055% | +0.0032% | 1h | $538K | $283K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | −0.048% | +0.0050% | 1h | $1.7M | $1.9M | 15x | as long as short |
| Nado NVDA-PERPshort | −0.042% | +0.0193% | 1h | $478K | $216K | 20x | |
| Pacifica NVDA | −0.031% | +0.0100% | 1h | $299K | $49K | 10x | as long as short |
| Arcus NVDA-USD | −0.026% | +0.0040% | 1h | $374K | $550K | 20x | as long as short |
| Hotstuff NVDA-PERP | −0.022% | +0.0128% | 1h | $35K | — | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | −0.022% | +0.0096% | 1h | $1.3M | $782K | 10x | as long as short |
| Phoenix NVDA | −0.013% | +0.0141% | 1h | $93K | $112K | 20x | as long as short |
Show all 34 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX NVDA-USD | −0.009% | +0.0050% | 1h | $58K | $19K | 10x | as long as short |
| Gate NVDA_USDT | −0.004% | 0.0000% | 8h | $7.3M | $8.5M | 100x | as long as short |
| Polymarket Perps NVDA-USD | −0.004% | +0.0050% | 1h | $396K | $257K | 10x | as long as short |
| Variational Omni NVDA | −0.004% | 0.0000% | 8h | $3.4M | $2.3M | — | as long as short |
| tradeXYZ xyz:NVDA | 0.000% | +0.0141% | 1h | $147.1M | $45.2M | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUALlong | 0.000% | +0.0190% | 1h | $49K | $1.3M | 10x | |
| Orderly PERP_NVDA_USDC | +0.009% | +0.0100% | 8h | $36K | $22K | 20x | as long as short |
| Phemex NVDAUSDT | +0.022% | 0.0000% | 4h | $2.2M | $41K | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.026% | +0.0171% | 1h | $118K | $52K | 10x | as long as short |
| Bybit NVDAUSDT | +0.031% | 0.0000% | 8h | $12.8M | $13.6M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | +0.031% | 0.0000% | 8h | $14.6M | $19.8M | 50x | as long as short |
| KuCoin NVDAUSDTM | +0.044% | +0.0119% | 8h | $1.7M | $629K | 20x | as long as short |
| Bitget NVDAUSDT | +0.044% | +0.0196% | 8h | $15.9M | $17.3M | 100x | as long as short |
| Lighter NVDA | +0.045% | +0.0280% | 1h | $2.1M | $2.9M | 20x | as long as short |
| Aster NVDAUSDT | +0.046% | +0.0072% | 8h | $526K | $347K | 20x | as long as short |
| Binance NVDAUSDT | +0.048% | +0.0082% | 8h | $157.3M | $194.0M | 50x | as long as short |
| Aevo NVDA-PERP | +0.052% | +0.0104% | 1h | — | — | 10x | as long as short |
| HTX NVDA-USDT | +0.053% | 0.0000% | 8h | $201K | $345K | 30x | as long as short |
| QFEX NVDA-USD | +0.057% | +0.0067% | 1h | $1.3M | $9.6M | 10x | as long as short |
| Vest NVDA-USD-PERP | +0.062% | +0.0046% | 1h | — | $73K | 25x | as long as short |
| BloFin NVDA-USDT | +0.066% | +0.0201% | 8h | $745K | $173K | 20x | as long as short |
| edgeX NVDAUSDC | +0.091% | +0.0422% | 4h | $167K | $1.7M | 20x | as long as short |
| Lighter RH NVDA | +0.097% | +0.0256% | 1h | $4.9M | $6.3M | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.154% | +0.0220% | 1h | $73K | $19K | 30x | as long as short |