After costs, if the gap returns to its 7d average, $10k−$21
spread now+0.034%7d average−0.007%fees + slippage, in and out−$25spread needed0.250%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate NVDA_USDT | 223.56 | 0 | get 0.0000% / 8h | 1h 41m | $7.1M | $5.3M | 100x |
| Short | Lighter NVDA | 223.64 | 0.0240 | get 0.0030% / 1h | 41m 13s | $1.8M | $2.0M | 20x |
Gate NVDA_USDT
Lighter 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
- $3.44
- Funding while held
- $7.2
- Slippage, 4 orders
- −$10.03
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$14.38
- Spread needed to break even
- 0.250%
Slippage from Gate: live order book, 4 min ago; Lighter: live order book, 7 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0240%
- Per $10,000 a day
- +$7.20
- 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 | 12.5 bp −$13 | 21.0 bp −$210 | 95.5 bp −$9,550 | doesn't fit |
| Sell Lighter live order book, 7 min ago | 0.20 bp | 0.3 bp $0 | 1.7 bp −$17 | 22.1 bp −$2,215 | doesn't fit |
NVDA price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International222.98cheapestOndo Perps223.24+0.117%Variational Omni223.26+0.124%Hotstuff223.38+0.179%SunX223.38+0.179%Pacifica223.39+0.182%Aftermath Perps223.40+0.187%edgeX223.41+0.192%tradeXYZ223.42+0.197%Extended223.43+0.200%Arcus223.43+0.202%Phoenix223.43+0.202%SoDEX223.45+0.211%ApeX Omni223.47+0.220%Nado223.49+0.227%Deribit223.49+0.229%Polymarket Perps223.51+0.238%Aster223.53+0.245%
Coinbase International
Ondo Perps
Variational Omni
Hotstuff
SunX
Pacifica
tradeXYZ
Extended
Arcus
Phoenix
SoDEX
ApeX Omni
Nado
Deribit
Polymarket Perps
AsterGate223.56+0.260%
Orderly223.56+0.260%OKX223.57+0.265%QFEX223.57+0.265%Binance223.58+0.269%Bybit223.58+0.269%KuCoin223.58+0.269%Bitget223.58+0.269%Aevo223.59+0.276%Vest223.60+0.278%BloFin223.61+0.283%
Orderly
OKX
QFEX
Binance
Bybit
KuCoin
Bitget
Aevo
Vest
BloFinLighter223.64+0.295%
HTX223.64+0.296%Phemex223.66+0.305%Lighter RH223.69+0.318%Injective223.70+0.323%
HTX
Phemex
Lighter RH
InjectiveNVDA on 34 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International NVDA-PERP-INTX | −0.259% | +0.0168% | 1h | $1.3M | $617K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | −0.143% | +0.0050% | 1h | $1.7M | $735K | 15x | as long as short |
| Variational Omni NVDA | −0.136% | +0.0177% | 8h | $3.2M | $1.8M | — | as long as short |
| Hotstuff NVDA-PERP | −0.081% | +0.0032% | 1h | $35K | — | 20x | as long as short |
| SunX NVDA-USDT | −0.081% | 0.0000% | 8h | $2K | $2.8M | 20x | as long as short |
| Pacifica NVDA | −0.078% | +0.0100% | 1h | $294K | $33K | 10x | as long as short |
| Aftermath Perps NVDAUSD | −0.073% | +0.0165% | 1h | $116K | $49K | 10x | as long as short |
| edgeX NVDAUSDC | −0.068% | −0.0168% | 4h | $173K | $947K | 20x | as long as short |
| tradeXYZ xyz:NVDA | −0.063% | +0.0055% | 1h | $150.7M | $33.7M | 20x | as long as short |
| Extended NVDA_24_5-USD | −0.060% | +0.0032% | 1h | $554K | $216K | 10x | as long as short |
Show all 34 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Arcus NVDA-USD | −0.058% | +0.0040% | 1h | $498K | $422K | 20x | as long as short |
| Phoenix NVDA | −0.058% | +0.0178% | 1h | $108K | $36K | 20x | as long as short |
| SoDEX NVDA-USD | −0.049% | +0.0050% | 1h | $57K | $13K | 10x | as long as short |
| ApeX Omni NVDAUSDT | −0.040% | +0.0100% | 1h | $15K | $36K | 50x | as long as short |
| Nado NVDA-PERP | −0.033% | +0.0135% | 1h | $489K | $53K | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | −0.031% | 0.0000% | 1h | $69K | $1.0M | 10x | as long as short |
| Polymarket Perps NVDA-USD | −0.022% | +0.0050% | 1h | $345K | $149K | 10x | as long as short |
| Aster NVDAUSDT | −0.015% | +0.0171% | 8h | $544K | $251K | 20x | as long as short |
| Gate NVDA_USDTlong | 0.000% | 0.0000% | 8h | $7.1M | $5.3M | 100x | |
| Orderly PERP_NVDA_USDC | 0.000% | +0.0100% | 8h | $34K | $29K | 20x | as long as short |
| OKX NVDA-USDT-SWAP | +0.004% | +0.0120% | 8h | $14.9M | $13.7M | 50x | as long as short |
| QFEX NVDA-USD | +0.004% | +0.0046% | 1h | $1.3M | $5.6M | 10x | as long as short |
| Binance NVDAUSDT | +0.009% | +0.0208% | 8h | $160.1M | $101.3M | 50x | as long as short |
| Bybit NVDAUSDT | +0.009% | +0.0010% | 8h | $12.6M | $9.4M | 100x | as long as short |
| KuCoin NVDAUSDTM | +0.009% | +0.0268% | 8h | $1.6M | $417K | 20x | as long as short |
| Bitget NVDAUSDT | +0.009% | +0.0278% | 8h | $16.9M | $14.5M | 100x | as long as short |
| Aevo NVDA-PERP | +0.016% | +0.0136% | 1h | — | — | 10x | as long as short |
| Vest NVDA-USD-PERP | +0.018% | +0.0046% | 1h | — | $67K | 25x | as long as short |
| BloFin NVDA-USDT | +0.022% | +0.0328% | 8h | $761K | $116K | 20x | as long as short |
| Lighter NVDAshort | +0.034% | +0.0240% | 1h | $1.8M | $2.0M | 20x | |
| HTX NVDA-USDT | +0.036% | 0.0000% | 8h | $199K | $281K | 30x | as long as short |
| Phemex NVDAUSDT | +0.045% | 0.0000% | 4h | $2.2M | $38K | 10x | as long as short |
| Lighter RH NVDA | +0.058% | +0.0168% | 1h | $4.6M | $4.8M | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.063% | +0.0220% | 1h | $72K | $87K | 30x | as long as short |