After costs, if the gap returns to its 7d average, $10k−$18
spread now−0.022%7d average+0.021%fees + slippage, in and out−$13spread needed0.135%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter NVDA | 227.75 | 0.0184 | pay 0.0023% / 1h | 13m 05s | $2.1M | $2.9M | 20x |
| Short | Bybit NVDAUSDT | 227.70 | 0 | get 0.0000% / 8h | 5h 13m | $12.8M | $13.8M | 100x |
Price 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
- −$2.24
- Funding while held
- −$5.52
- Slippage, 4 orders
- −$2.49
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$21.25
- Spread needed to break even
- 0.135%
Slippage from Lighter: live order book, 6 min ago; Bybit: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0184%
- Per $10,000 a day
- −$5.52
- 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 Lighter live order book, 6 min ago | 0.15 bp | 0.3 bp $0 | 1.2 bp −$12 | 7.5 bp −$751 | doesn't fit |
| Sell Bybit live order book, 2 min ago | 0.44 bp | 6.4 bp −$6 | 8.8 bp −$88 | 20.3 bp −$2,028 | doesn't fit |
NVDA price on every exchange
against the cheapest. Click to use as the short leg.NVDA on 34 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX NVDA-USDT | −0.202% | 0.0000% | 8h | $2K | $3.9M | 20x | as long as short |
| Ondo Perps NVDA-USD.P | −0.110% | +0.0050% | 1h | $1.7M | $1.9M | 15x | as long as short |
| Extended NVDA_24_5-USD | −0.073% | +0.0032% | 1h | $527K | $309K | 10x | as long as short |
| Nado NVDA-PERP | −0.053% | +0.0139% | 1h | $479K | $216K | 20x | as long as short |
| Arcus NVDA-USD | −0.053% | +0.0040% | 1h | $377K | $563K | 20x | as long as short |
| edgeX NVDAUSDC | −0.052% | +0.0397% | 4h | $168K | $1.7M | 20x | as long as short |
| Pacifica NVDA | −0.051% | +0.0100% | 1h | $300K | $49K | 10x | as long as short |
| ApeX Omni NVDAUSDT | −0.049% | +0.0100% | 1h | $16K | $43K | 50x | as long as short |
| Gate NVDA_USDT | −0.044% | 0.0000% | 8h | $7.3M | $8.6M | 100x | as long as short |
| Coinbase International NVDA-PERP-INTX | −0.044% | +0.0096% | 1h | $1.3M | $804K | 10x | as long as short |
Show all 34 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Polymarket Perps NVDA-USD | −0.040% | +0.0050% | 1h | $397K | $255K | 10x | as long as short |
| tradeXYZ xyz:NVDA | −0.036% | +0.0092% | 1h | $147.6M | $46.1M | 20x | as long as short |
| SoDEX NVDA-USD | −0.036% | +0.0050% | 1h | $59K | $19K | 10x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | −0.036% | +0.0058% | 1h | $49K | $1.3M | 10x | as long as short |
| Aftermath Perps NVDAUSD | −0.030% | +0.0161% | 1h | $118K | $53K | 10x | as long as short |
| Bybit NVDAUSDTshort | −0.022% | 0.0000% | 8h | $12.8M | $13.8M | 100x | |
| OKX NVDA-USDT-SWAP | −0.022% | 0.0000% | 8h | $14.6M | $19.7M | 50x | as long as short |
| Orderly PERP_NVDA_USDC | −0.014% | +0.0100% | 8h | $36K | $22K | 20x | as long as short |
| Aster NVDAUSDT | −0.013% | +0.0058% | 8h | $524K | $392K | 20x | as long as short |
| QFEX NVDA-USD | −0.009% | +0.0067% | 1h | $1.4M | $10.0M | 10x | as long as short |
| HTX NVDA-USDT | −0.009% | 0.0000% | 8h | $200K | $427K | 30x | as long as short |
| BloFin NVDA-USDT | −0.009% | +0.0211% | 8h | $739K | $181K | 20x | as long as short |
| Binance NVDAUSDT | −0.005% | +0.0091% | 8h | $157.2M | $198.7M | 50x | as long as short |
| KuCoin NVDAUSDTM | −0.005% | +0.0120% | 8h | $1.7M | $651K | 20x | as long as short |
| Lighter NVDAlong | 0.000% | +0.0184% | 1h | $2.1M | $2.9M | 20x | |
| Variational Omni NVDA | +0.001% | +0.0018% | 8h | $3.4M | $2.2M | — | as long as short |
| Aevo NVDA-PERP | +0.002% | +0.0104% | 1h | — | — | 10x | as long as short |
| Phemex NVDAUSDT | +0.004% | 0.0000% | 4h | $2.2M | $41K | 10x | as long as short |
| Bitget NVDAUSDT | +0.008% | +0.0205% | 8h | $15.9M | $17.4M | 100x | as long as short |
| Injective NVDA/USDC PERP | +0.022% | +0.0220% | 1h | $73K | $19K | 30x | as long as short |
| Hotstuff NVDA-PERP | +0.030% | +0.0152% | 1h | $35K | — | 20x | as long as short |
| Vest NVDA-USD-PERP | +0.057% | +0.0046% | 1h | — | $73K | 25x | as long as short |
| Phoenix NVDA | +0.057% | +0.0141% | 1h | $94K | $112K | 20x | as long as short |
| Lighter RH NVDA | +0.061% | +0.0168% | 1h | $4.9M | $6.4M | 20x | as long as short |
Lighter NVDA
Bybit NVDAUSDT
SunX
Extended
Pacifica
ApeX Omni
Gate
Coinbase International
Polymarket Perps
tradeXYZ
SoDEX
Deribit
OKX
Aster
HTX
BloFin
Binance
KuCoin
Variational Omni
Phemex
Bitget
Injective
Phoenix
Lighter RH