After costs, if the gap returns to its 7d average, $10k−$15
spread now+0.137%7d average+0.043%fees + slippage, in and out−$25spread needed0.246%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate NVDA_USDT | 226.98 | 0 | get 0.0000% / 8h | 6h 48m | $7.3M | $7.7M | 100x |
| Short | Lighter RH NVDA | 227.29 | 0.0032 | get 0.0004% / 1h | 48m 33s | $4.6M | $5.9M | 20x |
Gate NVDA_USDT
Lighter RH 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
- $13.66
- Funding while held
- $0.96
- Slippage, 4 orders
- −$9.64
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$10.03
- Spread needed to break even
- 0.246%
Slippage from Gate: live order book, 1 min ago; Lighter RH: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0032%
- Per $10,000 a day
- +$0.96
- 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, 1 min ago | 0.66 bp | 13.5 bp −$13 | 18.5 bp −$185 | 91.7 bp −$9,174 | doesn't fit |
| Sell Lighter RH live order book, 1 min ago | 1.10 bp | 1.2 bp −$1 | 3.7 bp −$37 | 34.3 bp −$3,431 | doesn't fit |
NVDA price on every exchange
against the cheapest. Click to use as the short leg.Aftermath Perps226.60cheapestPhoenix226.60+0.002%Injective226.61+0.006%SunX226.66+0.028%edgeX226.71+0.051%ApeX Omni226.77+0.077%Variational Omni226.79+0.084%Nado226.84+0.108%Arcus226.87+0.121%OKX226.90+0.134%Polymarket Perps226.90+0.134%HTX226.90+0.134%Extended226.92+0.145%Bybit226.97+0.165%
Phoenix
Injective
SunX
ApeX Omni
Variational Omni
Nado
Arcus
OKX
Polymarket Perps
HTX
Extended
BybitGate226.98+0.170%
Binance226.99+0.174%Ondo Perps227.01+0.183%QFEX227.02+0.187%Pacifica227.02+0.188%tradeXYZ227.05+0.201%Hotstuff227.07+0.209%Bitget227.07+0.209%SoDEX227.07+0.209%Aster227.08+0.214%Coinbase International227.08+0.214%Deribit227.10+0.223%Vest227.11+0.227%BloFin227.12+0.231%KuCoin227.15+0.245%Orderly227.15+0.245%Aevo227.16+0.248%Phemex227.17+0.254%Lighter227.18+0.257%
Binance
Ondo Perps
QFEX
Pacifica
tradeXYZ
Hotstuff
Bitget
SoDEX
Aster
Coinbase International
Deribit
Vest
BloFin
KuCoin
Orderly
Aevo
Phemex
LighterLighter RH227.29+0.306%
NVDA on 34 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aftermath Perps NVDAUSD | −0.169% | +0.0099% | 1h | $117K | $52K | 10x | as long as short |
| Phoenix NVDA | −0.167% | +0.0106% | 1h | $93K | $96K | 20x | as long as short |
| Injective NVDA/USDC PERP | −0.163% | +0.0220% | 1h | $73K | $53K | 30x | as long as short |
| SunX NVDA-USDT | −0.141% | 0.0000% | 8h | $2K | $3.8M | 20x | as long as short |
| edgeX NVDAUSDC | −0.118% | +0.0480% | 4h | $174K | $1.4M | 20x | as long as short |
| ApeX Omni NVDAUSDT | −0.093% | +0.0100% | 1h | $16K | $42K | 50x | as long as short |
| Variational Omni NVDA | −0.086% | 0.0000% | 8h | $3.2M | $2.1M | — | as long as short |
| Nado NVDA-PERP | −0.062% | +0.0079% | 1h | $348K | $143K | 20x | as long as short |
| Arcus NVDA-USD | −0.048% | +0.0040% | 1h | $372K | $594K | 20x | as long as short |
| OKX NVDA-USDT-SWAP | −0.035% | 0.0000% | 8h | $14.7M | $18.2M | 50x | as long as short |
Show all 34 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Polymarket Perps NVDA-USD | −0.035% | +0.0050% | 1h | $363K | $194K | 10x | as long as short |
| HTX NVDA-USDT | −0.035% | 0.0000% | 8h | $200K | $354K | 30x | as long as short |
| Extended NVDA_24_5-USD | −0.025% | +0.0032% | 1h | $546K | $245K | 10x | as long as short |
| Bybit NVDAUSDT | −0.004% | 0.0000% | 8h | $12.9M | $12.0M | 100x | as long as short |
| Gate NVDA_USDTlong | 0.000% | 0.0000% | 8h | $7.3M | $7.7M | 100x | |
| Binance NVDAUSDT | +0.004% | +0.0043% | 8h | $159.6M | $160.5M | 50x | as long as short |
| Ondo Perps NVDA-USD.P | +0.013% | +0.0050% | 1h | $1.4M | $1.5M | 15x | as long as short |
| QFEX NVDA-USD | +0.018% | +0.0023% | 1h | $1.3M | $8.6M | 10x | as long as short |
| Pacifica NVDA | +0.018% | +0.0100% | 1h | $299K | $44K | 10x | as long as short |
| tradeXYZ xyz:NVDA | +0.031% | +0.0050% | 1h | $147.8M | $42.7M | 20x | as long as short |
| Hotstuff NVDA-PERP | +0.040% | 0.0000% | 1h | $35K | — | 20x | as long as short |
| Bitget NVDAUSDT | +0.040% | +0.0161% | 8h | $15.9M | $16.3M | 100x | as long as short |
| SoDEX NVDA-USD | +0.040% | +0.0050% | 1h | $58K | $18K | 10x | as long as short |
| Aster NVDAUSDT | +0.044% | +0.0039% | 8h | $540K | $277K | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.044% | +0.0072% | 1h | $1.3M | $725K | 10x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.053% | 0.0000% | 1h | $48K | $1.2M | 10x | as long as short |
| Vest NVDA-USD-PERP | +0.057% | +0.0046% | 1h | — | $71K | 25x | as long as short |
| BloFin NVDA-USDT | +0.062% | +0.0164% | 8h | $750K | $166K | 20x | as long as short |
| KuCoin NVDAUSDTM | +0.075% | +0.0100% | 8h | $1.6M | $580K | 20x | as long as short |
| Orderly PERP_NVDA_USDC | +0.075% | +0.0100% | 8h | $36K | $22K | 20x | as long as short |
| Aevo NVDA-PERP | +0.079% | +0.0096% | 1h | — | — | 10x | as long as short |
| Phemex NVDAUSDT | +0.084% | 0.0000% | 4h | $2.2M | $41K | 10x | as long as short |
| Lighter NVDA | +0.087% | +0.0056% | 1h | $2.1M | $2.7M | 20x | as long as short |
| Lighter RH NVDAshort | +0.137% | +0.0032% | 1h | $4.6M | $5.9M | 20x |