After costs, if the gap returns to its 7d average, $10k−$53
spread now−0.121%7d average−0.016%fees + slippage, in and out−$42spread needed0.422%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate NVDA_USDT | 223.49 | 0 | get 0.0000% / 8h | 1h 45m | $7.1M | $5.2M | 100x |
| Short | Deribit NVDA_USDC-PERPETUAL | 223.22 | 0.0064 | get 0.0008% / 1h | 45m 36s | $69K | $1.0M | 10x |
Gate NVDA_USDT
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
- −$12.08
- Funding while held
- $1.91
- Slippage, 4 orders
- −$20.25
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$52.42
- Spread needed to break even
- 0.422%
Slippage from Gate: live order book, 4 min ago; Deribit: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0064%
- Per $10,000 a day
- +$1.91
- 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 Gate live order book, 4 min ago | 0.67 bp | 12.0 bp −$12 | 19.3 bp −$193 | 101.6 bp −$10.2K | doesn't fit |
| Sell Deribit live order book, 5 min ago | 3.37 bp | 6.9 bp −$7 | 8.6 bp −$86 | doesn't fit | doesn't fit |
NVDA price on every exchange
against the cheapest. Click to use as the short leg.Phoenix222.86cheapestCoinbase International222.98+0.054%Aftermath Perps223.09+0.101%SunX223.10+0.108%edgeX223.12+0.116%Polymarket Perps223.16+0.135%SoDEX223.17+0.139%Ondo Perps223.18+0.144%ApeX Omni223.20+0.153%Vest223.21+0.157%Orderly223.21+0.157%
Phoenix
Coinbase International
SunX
Polymarket Perps
SoDEX
Ondo Perps
ApeX Omni
Vest
OrderlyDeribit223.22+0.162%
Variational Omni223.26+0.178%Aevo223.26+0.181%Phemex223.27+0.184%Arcus223.31+0.202%Hotstuff223.32+0.206%HTX223.33+0.211%Pacifica223.35+0.218%Extended223.35+0.219%Aster223.38+0.233%BloFin223.38+0.233%tradeXYZ223.39+0.238%OKX223.41+0.247%Nado223.43+0.255%Binance223.44+0.260%QFEX223.45+0.265%
Variational Omni
Aevo
Phemex
Arcus
Hotstuff
HTX
Pacifica
Extended
Aster
BloFin
tradeXYZ
OKX
Nado
Binance
QFEXGate223.49+0.283%
Bybit223.50+0.287%KuCoin223.53+0.301%Bitget223.54+0.305%Lighter223.55+0.311%Lighter RH223.64+0.350%Injective223.93+0.480%
Bybit
KuCoin
Bitget
Lighter
Lighter RH
InjectiveNVDA on 34 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phoenix NVDA | −0.282% | +0.0178% | 1h | $107K | $36K | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | −0.228% | +0.0168% | 1h | $1.3M | $617K | 10x | as long as short |
| Aftermath Perps NVDAUSD | −0.181% | +0.0165% | 1h | $116K | $49K | 10x | as long as short |
| SunX NVDA-USDT | −0.175% | 0.0000% | 8h | $2K | $2.8M | 20x | as long as short |
| edgeX NVDAUSDC | −0.166% | −0.0548% | 4h | $172K | $945K | 20x | as long as short |
| Polymarket Perps NVDA-USD | −0.148% | +0.0050% | 1h | $344K | $149K | 10x | as long as short |
| SoDEX NVDA-USD | −0.143% | +0.0050% | 1h | $57K | $13K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | −0.139% | +0.0050% | 1h | $1.7M | $734K | 15x | as long as short |
| ApeX Omni NVDAUSDT | −0.130% | +0.0100% | 1h | $15K | $36K | 50x | as long as short |
| Vest NVDA-USD-PERP | −0.125% | +0.0046% | 1h | — | $67K | 25x | as long as short |
Show all 34 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Orderly PERP_NVDA_USDC | −0.125% | +0.0100% | 8h | $34K | $29K | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUALshort | −0.121% | +0.0064% | 1h | $69K | $1.0M | 10x | |
| Variational Omni NVDA | −0.105% | +0.0177% | 8h | $3.2M | $1.8M | — | as long as short |
| Aevo NVDA-PERP | −0.101% | +0.0136% | 1h | — | — | 10x | as long as short |
| Phemex NVDAUSDT | −0.098% | 0.0000% | 4h | $2.2M | $38K | 10x | as long as short |
| Arcus NVDA-USD | −0.081% | +0.0040% | 1h | $500K | $416K | 20x | as long as short |
| Hotstuff NVDA-PERP | −0.076% | −0.0096% | 1h | $35K | — | 20x | as long as short |
| HTX NVDA-USDT | −0.072% | 0.0000% | 8h | $199K | $282K | 30x | as long as short |
| Pacifica NVDA | −0.065% | +0.0100% | 1h | $294K | $33K | 10x | as long as short |
| Extended NVDA_24_5-USD | −0.064% | +0.0032% | 1h | $560K | $210K | 10x | as long as short |
| Aster NVDAUSDT | −0.050% | +0.0173% | 8h | $544K | $251K | 20x | as long as short |
| BloFin NVDA-USDT | −0.049% | +0.0332% | 8h | $765K | $115K | 20x | as long as short |
| tradeXYZ xyz:NVDA | −0.045% | +0.0080% | 1h | $150.8M | $33.5M | 20x | as long as short |
| OKX NVDA-USDT-SWAP | −0.036% | +0.0125% | 8h | $14.9M | $13.7M | 50x | as long as short |
| Nado NVDA-PERP | −0.028% | +0.0154% | 1h | $488K | $53K | 20x | as long as short |
| Binance NVDAUSDT | −0.022% | +0.0211% | 8h | $160.0M | $100.4M | 50x | as long as short |
| QFEX NVDA-USD | −0.018% | +0.0046% | 1h | $1.3M | $5.6M | 10x | as long as short |
| Gate NVDA_USDTlong | 0.000% | 0.0000% | 8h | $7.1M | $5.2M | 100x | |
| Bybit NVDAUSDT | +0.004% | +0.0012% | 8h | $12.5M | $9.3M | 100x | as long as short |
| KuCoin NVDAUSDTM | +0.018% | +0.0274% | 8h | $1.5M | $411K | 20x | as long as short |
| Bitget NVDAUSDT | +0.022% | +0.0279% | 8h | $16.9M | $14.4M | 100x | as long as short |
| Lighter NVDA | +0.028% | +0.0248% | 1h | $1.8M | $2.0M | 20x | as long as short |
| Lighter RH NVDA | +0.067% | +0.0176% | 1h | $4.6M | $4.8M | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.197% | +0.0220% | 1h | $72K | $87K | 30x | as long as short |