Spread before costs (cost unknown: a leg has no order-book sample)+0.035%
7d average—if it closes, per $10,000$4funding while held, a day−$2.88
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hotstuff NVDA-PERP | 226.05 | 0.0096 | pay 0.0012% / 1h | 14m 42s | $35K | — | 20x |
| Short | Gate NVDA_USDT | 226.13 | 0 | get 0.0000% / 8h | 7h 14m | $7.3M | $6.9M | 100x |
Hotstuff NVDA-PERP
Gate NVDA_USDTPrice 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
- $3.54
- Funding while held
- −$2.88
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$19.34
- Spread needed to break even
- 0.200%
Slippage unknown: Hotstuff: no order-book sample; Gate: live order book, 5 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0096%
- Per $10,000 a day
- −$2.88
- 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 Hotstuff no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 5 min ago | 0.66 bp | 11.1 bp −$11 | 18.8 bp −$188 | doesn't fit | doesn't fit |
Hotstuff: 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.edgeX225.86cheapestSunX225.87+0.004%Aftermath Perps225.98+0.053%Ondo Perps226.03+0.075%
SunX
Ondo PerpsHotstuff226.05+0.084%
ApeX Omni226.09+0.102%tradeXYZ226.12+0.115%Phoenix226.12+0.115%Pacifica226.12+0.115%Extended226.13+0.119%Arcus226.13+0.119%
ApeX Omni
tradeXYZ
Phoenix
Pacifica
Extended
ArcusGate226.13+0.119%
Bybit226.15+0.128%Bitget226.15+0.128%OKX226.16+0.133%Aster226.16+0.135%Coinbase International226.17+0.137%SoDEX226.18+0.142%Binance226.20+0.150%KuCoin226.20+0.150%Polymarket Perps226.20+0.150%Nado226.20+0.151%Variational Omni226.21+0.154%Deribit226.22+0.159%QFEX226.23+0.164%BloFin226.25+0.173%Aevo226.25+0.173%Lighter226.26+0.175%Orderly226.26+0.177%Phemex226.30+0.195%HTX226.33+0.208%Vest226.37+0.226%Lighter RH226.39+0.235%Injective226.41+0.243%
Bybit
Bitget
OKX
Aster
Coinbase International
SoDEX
Binance
KuCoin
Polymarket Perps
Nado
Variational Omni
Deribit
QFEX
BloFin
Aevo
Lighter
Orderly
Phemex
HTX
Vest
Lighter RH
InjectiveNVDA on 34 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| edgeX NVDAUSDC | −0.084% | −0.0278% | 4h | $173K | $1.3M | 20x | as long as short |
| SunX NVDA-USDT | −0.080% | 0.0000% | 8h | $2K | $3.8M | 20x | as long as short |
| Aftermath Perps NVDAUSD | −0.031% | +0.0130% | 1h | $117K | $52K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | −0.009% | +0.0050% | 1h | $1.4M | $1.5M | 15x | as long as short |
| Hotstuff NVDA-PERPlong | 0.000% | +0.0096% | 1h | $35K | — | 20x | |
| ApeX Omni NVDAUSDT | +0.018% | +0.0100% | 1h | $16K | $42K | 50x | as long as short |
| tradeXYZ xyz:NVDA | +0.031% | +0.0050% | 1h | $147.9M | $41.8M | 20x | as long as short |
| Phoenix NVDA | +0.031% | +0.0178% | 1h | $109K | $36K | 20x | as long as short |
| Pacifica NVDA | +0.031% | +0.0100% | 1h | $298K | $46K | 10x | as long as short |
| Extended NVDA_24_5-USD | +0.035% | +0.0032% | 1h | $553K | $231K | 10x | as long as short |
Show all 34 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Arcus NVDA-USD | +0.035% | +0.0076% | 1h | $356K | $558K | 20x | as long as short |
| Gate NVDA_USDTshort | +0.035% | 0.0000% | 8h | $7.3M | $6.9M | 100x | |
| Bybit NVDAUSDT | +0.044% | 0.0000% | 8h | $12.8M | $11.7M | 100x | as long as short |
| Bitget NVDAUSDT | +0.044% | +0.0194% | 8h | $16.0M | $16.1M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | +0.049% | 0.0000% | 8h | $14.8M | $17.4M | 50x | as long as short |
| Aster NVDAUSDT | +0.051% | +0.0074% | 8h | $538K | $276K | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.053% | +0.0112% | 1h | $1.3M | $714K | 10x | as long as short |
| SoDEX NVDA-USD | +0.058% | +0.0050% | 1h | $58K | $17K | 10x | as long as short |
| Binance NVDAUSDT | +0.066% | +0.0080% | 8h | $159.5M | $151.6M | 50x | as long as short |
| KuCoin NVDAUSDTM | +0.066% | +0.0129% | 8h | $1.6M | $565K | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.066% | +0.0050% | 1h | $363K | $194K | 10x | as long as short |
| Nado NVDA-PERP | +0.067% | +0.0105% | 1h | $487K | $63K | 20x | as long as short |
| Variational Omni NVDA | +0.070% | +0.0016% | 8h | $3.1M | $2.0M | — | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.075% | 0.0000% | 1h | $51K | $1.2M | 10x | as long as short |
| QFEX NVDA-USD | +0.080% | +0.0039% | 1h | $1.3M | $8.0M | 10x | as long as short |
| BloFin NVDA-USDT | +0.088% | +0.0202% | 8h | $750K | $160K | 20x | as long as short |
| Aevo NVDA-PERP | +0.089% | +0.0104% | 1h | — | — | 10x | as long as short |
| Lighter NVDA | +0.091% | +0.0088% | 1h | $2.0M | $2.6M | 20x | as long as short |
| Orderly PERP_NVDA_USDC | +0.093% | +0.0100% | 8h | $36K | $22K | 20x | as long as short |
| Phemex NVDAUSDT | +0.111% | 0.0000% | 4h | $2.2M | $39K | 10x | as long as short |
| HTX NVDA-USDT | +0.124% | 0.0000% | 8h | $200K | $334K | 30x | as long as short |
| Vest NVDA-USD-PERP | +0.142% | +0.0046% | 1h | — | $71K | 25x | as long as short |
| Lighter RH NVDA | +0.150% | +0.0056% | 1h | $4.5M | $5.8M | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.159% | +0.0220% | 1h | $73K | $53K | 30x | as long as short |