After costs, if the gap returns to its 7d average, $10k−$67
spread now−0.102%7d average−0.030%fees + slippage, in and out−$60spread needed0.599%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NVDAUSDTM | 225.14 | 0.0185 | pay 0.0185% / 8h | 28m 50s | $1.6M | $492K | 20x |
| Short | Phoenix NVDA | 224.91 | 0.0178 | get 0.0022% / 1h | 28m 50s | $108K | $36K | 20x |
KuCoin NVDAUSDTM
Phoenix 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
- −$10.22
- Funding while held
- −$0.22
- Slippage, 4 orders
- −$40.93
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$70.36
- Spread needed to break even
- 0.599%
Slippage from KuCoin: live order book, 3 min ago; Phoenix: live order book, 9 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0007%
- Per $10,000 a day
- −$0.22
- 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 KuCoin live order book, 3 min ago | 1.11 bp | 25.9 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 9 min ago | 2.22 bp | 8.2 bp −$8 | 16.7 bp −$167 | doesn't fit | doesn't fit |
NVDA price on every exchange
against the cheapest. Click to use as the short leg.SunX224.78cheapestOndo Perps224.84+0.027%ApeX Omni224.88+0.044%Pacifica224.88+0.046%
SunX
Ondo Perps
ApeX Omni
PacificaPhoenix224.91+0.058%
Coinbase International224.91+0.058%Nado224.94+0.070%Aftermath Perps224.94+0.071%Variational Omni224.97+0.086%Arcus224.98+0.089%Hotstuff224.98+0.089%edgeX224.98+0.090%HTX225.00+0.098%Extended225.00+0.099%QFEX225.01+0.102%tradeXYZ225.02+0.107%Aster225.03+0.110%Gate225.03+0.111%Polymarket Perps225.04+0.116%OKX225.07+0.129%Bybit225.08+0.133%SoDEX225.08+0.133%Phemex225.08+0.133%Bitget225.09+0.138%Deribit225.09+0.138%Vest225.10+0.142%Binance225.11+0.147%
Coinbase International
Nado
Variational Omni
Arcus
Hotstuff
HTX
Extended
QFEX
tradeXYZ
Aster
Gate
Polymarket Perps
OKX
Bybit
SoDEX
Phemex
Bitget
Deribit
Vest
BinanceKuCoin225.14+0.160%
Lighter225.15+0.163%Orderly225.15+0.165%BloFin225.15+0.165%Aevo225.18+0.177%Lighter RH225.24+0.205%Injective225.24+0.205%
Lighter
Orderly
BloFin
Aevo
Lighter RH
InjectiveNVDA on 34 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX NVDA-USDT | −0.160% | 0.0000% | 8h | $2K | $3.4M | 20x | as long as short |
| Ondo Perps NVDA-USD.P | −0.133% | +0.0050% | 1h | $1.4M | $1.3M | 15x | as long as short |
| ApeX Omni NVDAUSDT | −0.115% | +0.0100% | 1h | $15K | $42K | 50x | as long as short |
| Pacifica NVDA | −0.114% | +0.0100% | 1h | $296K | $43K | 10x | as long as short |
| Phoenix NVDAshort | −0.102% | +0.0178% | 1h | $108K | $36K | 20x | |
| Coinbase International NVDA-PERP-INTX | −0.102% | +0.0128% | 1h | $1.3M | $658K | 10x | as long as short |
| Nado NVDA-PERP | −0.090% | +0.0116% | 1h | $486K | $60K | 20x | as long as short |
| Aftermath Perps NVDAUSD | −0.089% | +0.0157% | 1h | $116K | $51K | 10x | as long as short |
| Variational Omni NVDA | −0.074% | +0.0098% | 8h | $3.1M | $2.0M | — | as long as short |
| Arcus NVDA-USD | −0.071% | +0.0040% | 1h | $389K | $558K | 20x | as long as short |
Show all 34 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Hotstuff NVDA-PERP | −0.071% | −0.1600% | 1h | $35K | — | 20x | as long as short |
| edgeX NVDAUSDC | −0.070% | −0.0019% | 4h | $177K | $1.2M | 20x | as long as short |
| HTX NVDA-USDT | −0.062% | 0.0000% | 8h | $200K | $360K | 30x | as long as short |
| Extended NVDA_24_5-USD | −0.061% | +0.0032% | 1h | $559K | $228K | 10x | as long as short |
| QFEX NVDA-USD | −0.058% | +0.0032% | 1h | $1.3M | $6.9M | 10x | as long as short |
| tradeXYZ xyz:NVDA | −0.053% | +0.0050% | 1h | $150.5M | $36.3M | 20x | as long as short |
| Aster NVDAUSDT | −0.050% | +0.0129% | 8h | $541K | $264K | 20x | as long as short |
| Gate NVDA_USDT | −0.049% | 0.0000% | 8h | $7.2M | $5.9M | 100x | as long as short |
| Polymarket Perps NVDA-USD | −0.044% | +0.0050% | 1h | $351K | $156K | 10x | as long as short |
| OKX NVDA-USDT-SWAP | −0.031% | +0.0044% | 8h | $14.9M | $15.6M | 50x | as long as short |
| Bybit NVDAUSDT | −0.027% | 0.0000% | 8h | $12.9M | $10.9M | 100x | as long as short |
| SoDEX NVDA-USD | −0.027% | +0.0050% | 1h | $58K | $16K | 10x | as long as short |
| Phemex NVDAUSDT | −0.027% | 0.0000% | 4h | $2.2M | $38K | 10x | as long as short |
| Bitget NVDAUSDT | −0.022% | +0.0255% | 8h | $16.6M | $14.9M | 100x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | −0.022% | +0.0017% | 1h | $53K | $1.1M | 10x | as long as short |
| Vest NVDA-USD-PERP | −0.018% | +0.0046% | 1h | — | $68K | 25x | as long as short |
| Binance NVDAUSDT | −0.013% | +0.0144% | 8h | $161.2M | $126.1M | 50x | as long as short |
| KuCoin NVDAUSDTMlong | 0.000% | +0.0185% | 8h | $1.6M | $492K | 20x | |
| Lighter NVDA | +0.003% | +0.0152% | 1h | $1.8M | $2.1M | 20x | as long as short |
| Orderly PERP_NVDA_USDC | +0.004% | +0.0100% | 8h | $34K | $21K | 20x | as long as short |
| BloFin NVDA-USDT | +0.004% | +0.0265% | 8h | $774K | $146K | 20x | as long as short |
| Aevo NVDA-PERP | +0.017% | +0.0120% | 1h | — | — | 10x | as long as short |
| Lighter RH NVDA | +0.044% | +0.0056% | 1h | $4.3M | $5.2M | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.044% | +0.0220% | 1h | $72K | $53K | 30x | as long as short |