Spread before costs (cost unknown: a leg has no order-book sample)+0.044%
7d average—if it closes, per $10,000$4funding while held, a day+$3.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate NVDA_USDT | 226.31 | 0 | get 0.0000% / 8h | 6h 58m | $7.3M | $7.2M | 100x |
| Short | Orderly PERP_NVDA_USDC | 226.41 | 0.0100 | get 0.0100% / 8h | 6h 58m | $36K | $22K | 20x |
Gate NVDA_USDT
Orderly PERP_NVDA_USDCPrice 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
- $4.42
- Funding while held
- $3
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$13.58
- Spread needed to break even
- 0.210%
Slippage unknown: Gate: live order book, 1 min ago; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0100%
- Per $10,000 a day
- +$3.00
- 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 | 12.8 bp −$13 | 19.4 bp −$194 | 93.8 bp −$9,376 | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
NVDA price on every exchange
against the cheapest. Click to use as the short leg.SunX226.07cheapestOndo Perps226.21+0.062%Injective226.22+0.066%Nado226.26+0.086%Arcus226.27+0.088%Pacifica226.27+0.091%Hotstuff226.28+0.093%tradeXYZ226.29+0.097%Extended226.30+0.102%
SunX
Ondo Perps
Injective
Nado
Arcus
Pacifica
Hotstuff
tradeXYZ
ExtendedGate226.31+0.106%
Coinbase International226.31+0.106%ApeX Omni226.32+0.111%Aster226.33+0.115%Bybit226.33+0.115%Phoenix226.33+0.115%Polymarket Perps226.34+0.119%BloFin226.34+0.119%Aftermath Perps226.35+0.122%SoDEX226.35+0.124%HTX226.35+0.124%Binance226.36+0.129%OKX226.37+0.133%Bitget226.38+0.137%QFEX226.39+0.142%KuCoin226.39+0.142%Variational Omni226.40+0.146%Deribit226.40+0.146%
Coinbase International
ApeX Omni
Aster
Bybit
Phoenix
Polymarket Perps
BloFin
SoDEX
HTX
Binance
OKX
Bitget
QFEX
KuCoin
Variational Omni
DeribitOrderly226.41+0.150%
Aevo226.41+0.151%edgeX226.42+0.153%Lighter226.42+0.154%Phemex226.48+0.181%Vest226.52+0.199%Lighter RH226.53+0.203%
Aevo
Lighter
Phemex
Vest
Lighter RHNVDA on 34 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX NVDA-USDT | −0.106% | 0.0000% | 8h | $3K | $3.8M | 20x | as long as short |
| Ondo Perps NVDA-USD.P | −0.044% | +0.0050% | 1h | $1.4M | $1.5M | 15x | as long as short |
| Injective NVDA/USDC PERP | −0.040% | +0.0220% | 1h | $73K | $53K | 30x | as long as short |
| Nado NVDA-PERP | −0.020% | +0.0098% | 1h | $475K | $75K | 20x | as long as short |
| Arcus NVDA-USD | −0.018% | +0.0040% | 1h | $364K | $545K | 20x | as long as short |
| Pacifica NVDA | −0.016% | +0.0100% | 1h | $298K | $44K | 10x | as long as short |
| Hotstuff NVDA-PERP | −0.013% | +0.0064% | 1h | $35K | — | 20x | as long as short |
| tradeXYZ xyz:NVDA | −0.009% | +0.0050% | 1h | $147.8M | $42.2M | 20x | as long as short |
| Extended NVDA_24_5-USD | −0.004% | +0.0032% | 1h | $553K | $232K | 10x | as long as short |
| Gate NVDA_USDTlong | 0.000% | 0.0000% | 8h | $7.3M | $7.2M | 100x |
Show all 34 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International NVDA-PERP-INTX | 0.000% | +0.0072% | 1h | $1.3M | $719K | 10x | as long as short |
| ApeX Omni NVDAUSDT | +0.004% | +0.0100% | 1h | $16K | $42K | 50x | as long as short |
| Aster NVDAUSDT | +0.009% | +0.0051% | 8h | $539K | $277K | 20x | as long as short |
| Bybit NVDAUSDT | +0.009% | 0.0000% | 8h | $12.8M | $11.8M | 100x | as long as short |
| Phoenix NVDA | +0.009% | +0.0178% | 1h | $109K | $36K | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.013% | +0.0050% | 1h | $363K | $194K | 10x | as long as short |
| BloFin NVDA-USDT | +0.013% | +0.0178% | 8h | $746K | $163K | 20x | as long as short |
| Aftermath Perps NVDAUSD | +0.016% | +0.0109% | 1h | $117K | $52K | 10x | as long as short |
| SoDEX NVDA-USD | +0.018% | +0.0050% | 1h | $58K | $18K | 10x | as long as short |
| HTX NVDA-USDT | +0.018% | 0.0000% | 8h | $200K | $332K | 30x | as long as short |
| Binance NVDAUSDT | +0.023% | +0.0057% | 8h | $159.0M | $155.8M | 50x | as long as short |
| OKX NVDA-USDT-SWAP | +0.027% | 0.0000% | 8h | $14.8M | $17.7M | 50x | as long as short |
| Bitget NVDAUSDT | +0.031% | +0.0172% | 8h | $15.9M | $16.1M | 100x | as long as short |
| QFEX NVDA-USD | +0.035% | +0.0039% | 1h | $1.3M | $8.3M | 10x | as long as short |
| KuCoin NVDAUSDTM | +0.035% | +0.0107% | 8h | $1.6M | $573K | 20x | as long as short |
| Variational Omni NVDA | +0.039% | 0.0000% | 8h | $3.1M | $2.0M | — | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.040% | 0.0000% | 1h | $48K | $1.2M | 10x | as long as short |
| Orderly PERP_NVDA_USDCshort | +0.044% | +0.0100% | 8h | $36K | $22K | 20x | |
| Aevo NVDA-PERP | +0.045% | +0.0096% | 1h | — | — | 10x | as long as short |
| edgeX NVDAUSDC | +0.047% | +0.0458% | 4h | $174K | $1.4M | 20x | as long as short |
| Lighter NVDA | +0.048% | +0.0056% | 1h | $2.1M | $2.7M | 20x | as long as short |
| Phemex NVDAUSDT | +0.075% | 0.0000% | 4h | $2.2M | $40K | 10x | as long as short |
| Vest NVDA-USD-PERP | +0.093% | +0.0046% | 1h | — | $71K | 25x | as long as short |
| Lighter RH NVDA | +0.097% | +0.0040% | 1h | $4.6M | $5.8M | 20x | as long as short |