After costs, if the gap returns to its 7d average, $10k−$19
spread now+0.151%7d average+0.003%fees + slippage, in and out−$34spread needed0.337%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit NVDA_USDC-PERPETUAL | 225.15 | 0 | get 0.0000% / 1h | 40m 31s | $55K | $1.1M | 10x |
| Short | Phoenix NVDA | 225.49 | 0.0178 | get 0.0022% / 1h | 40m 31s | $108K | $36K | 20x |
Deribit NVDA_USDC-PERPETUAL
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
- $15.1
- Funding while held
- $5.33
- Slippage, 4 orders
- −$19.73
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$13.29
- Spread needed to break even
- 0.337%
Slippage from Deribit: live order book, 5 min ago; Phoenix: live order book, 63 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0178%
- Per $10,000 a day
- +$5.33
- 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, 5 min ago | 0.22 bp | 4.0 bp −$4 | 5.7 bp −$57 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 63 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.SunX224.88cheapestOndo Perps224.98+0.044%Pacifica225.07+0.085%Extended225.10+0.100%SoDEX225.13+0.111%Nado225.13+0.112%Hotstuff225.15+0.120%
SunX
Ondo Perps
Pacifica
Extended
SoDEX
Nado
HotstuffDeribit225.15+0.120%
Gate225.17+0.129%Arcus225.18+0.133%QFEX225.18+0.133%Orderly225.19+0.138%Polymarket Perps225.20+0.142%OKX225.21+0.147%tradeXYZ225.22+0.151%HTX225.22+0.151%BloFin225.22+0.151%KuCoin225.24+0.160%Aevo225.24+0.161%Binance225.25+0.165%Bitget225.26+0.169%Aftermath Perps225.27+0.172%Bybit225.27+0.173%Aster225.27+0.174%Variational Omni225.27+0.175%Lighter225.30+0.187%Phemex225.30+0.187%Vest225.31+0.191%Lighter RH225.33+0.200%ApeX Omni225.33+0.200%Coinbase International225.39+0.227%edgeX225.49+0.270%
Gate
Arcus
QFEX
Orderly
Polymarket Perps
OKX
tradeXYZ
HTX
BloFin
KuCoin
Aevo
Binance
Bitget
Bybit
Aster
Variational Omni
Lighter
Phemex
Vest
Lighter RH
ApeX Omni
Coinbase InternationalPhoenix225.49+0.271%
Injective225.68+0.356%
InjectiveNVDA on 34 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX NVDA-USDT | −0.120% | 0.0000% | 8h | $2K | $3.3M | 20x | as long as short |
| Ondo Perps NVDA-USD.P | −0.076% | +0.0050% | 1h | $1.7M | $814K | 15x | as long as short |
| Pacifica NVDA | −0.035% | +0.0100% | 1h | $297K | $44K | 10x | as long as short |
| Extended NVDA_24_5-USD | −0.020% | +0.0032% | 1h | $559K | $231K | 10x | as long as short |
| SoDEX NVDA-USD | −0.009% | +0.0050% | 1h | $58K | $15K | 10x | as long as short |
| Nado NVDA-PERP | −0.008% | +0.0114% | 1h | $490K | $58K | 20x | as long as short |
| Hotstuff NVDA-PERP | 0.000% | +0.0056% | 1h | $35K | — | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUALlong | 0.000% | 0.0000% | 1h | $55K | $1.1M | 10x | |
| Gate NVDA_USDT | +0.009% | 0.0000% | 8h | $7.2M | $5.7M | 100x | as long as short |
| Arcus NVDA-USD | +0.013% | +0.0040% | 1h | $391K | $558K | 20x | as long as short |
Show all 34 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| QFEX NVDA-USD | +0.013% | +0.0032% | 1h | $1.3M | $6.7M | 10x | as long as short |
| Orderly PERP_NVDA_USDC | +0.018% | +0.0100% | 8h | $34K | $21K | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.022% | +0.0050% | 1h | $352K | $155K | 10x | as long as short |
| OKX NVDA-USDT-SWAP | +0.027% | +0.0055% | 8h | $15.1M | $15.2M | 50x | as long as short |
| tradeXYZ xyz:NVDA | +0.031% | +0.0050% | 1h | $150.9M | $35.5M | 20x | as long as short |
| HTX NVDA-USDT | +0.031% | 0.0000% | 8h | $201K | $363K | 30x | as long as short |
| BloFin NVDA-USDT | +0.031% | +0.0279% | 8h | $766K | $144K | 20x | as long as short |
| KuCoin NVDAUSDTM | +0.040% | +0.0202% | 8h | $1.6M | $479K | 20x | as long as short |
| Aevo NVDA-PERP | +0.041% | +0.0120% | 1h | — | — | 10x | as long as short |
| Binance NVDAUSDT | +0.044% | +0.0159% | 8h | $161.0M | $115.4M | 50x | as long as short |
| Bitget NVDAUSDT | +0.049% | +0.0266% | 8h | $17.0M | $14.5M | 100x | as long as short |
| Aftermath Perps NVDAUSD | +0.052% | +0.0158% | 1h | $117K | $51K | 10x | as long as short |
| Bybit NVDAUSDT | +0.053% | 0.0000% | 8h | $12.9M | $10.6M | 100x | as long as short |
| Aster NVDAUSDT | +0.054% | +0.0142% | 8h | $543K | $259K | 20x | as long as short |
| Variational Omni NVDA | +0.055% | +0.0109% | 8h | $3.2M | $1.9M | — | as long as short |
| Lighter NVDA | +0.067% | +0.0176% | 1h | $1.8M | $2.0M | 20x | as long as short |
| Phemex NVDAUSDT | +0.067% | 0.0000% | 4h | $2.2M | $38K | 10x | as long as short |
| Vest NVDA-USD-PERP | +0.071% | +0.0046% | 1h | — | $68K | 25x | as long as short |
| Lighter RH NVDA | +0.080% | +0.0056% | 1h | $4.4M | $4.9M | 20x | as long as short |
| ApeX Omni NVDAUSDT | +0.080% | +0.0100% | 1h | $16K | $42K | 50x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.107% | +0.0128% | 1h | $1.3M | $656K | 10x | as long as short |
| edgeX NVDAUSDC | +0.150% | −0.0533% | 4h | $173K | $1.1M | 20x | as long as short |
| Phoenix NVDAshort | +0.151% | +0.0178% | 1h | $108K | $36K | 20x | |
| Injective NVDA/USDC PERP | +0.235% | +0.0220% | 1h | $72K | $53K | 30x | as long as short |