After costs, if the gap returns to its 7d average, $10k−$17
spread now−0.038%7d average−0.030%fees + slippage, in and out−$16spread needed0.162%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter NVDA | 228.02 | 0.0176 | pay 0.0022% / 1h | 0m 51s | $2.0M | $3.2M | 20x |
| Short | Deribit NVDA_USDC-PERPETUAL | 227.93 | 0.0145 | get 0.0018% / 1h | 0m 51s | $49K | $1.3M | 10x |
Lighter NVDA
Deribit NVDA_USDC-PERPETUALPrice 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
- −$3.77
- Funding while held
- −$0.93
- Slippage, 4 orders
- −$9.2
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$20.9
- Spread needed to break even
- 0.162%
Slippage from Lighter: live order book, 3 min ago; Deribit: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0031%
- Per $10,000 a day
- −$0.93
- 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, 3 min ago | 0.02 bp | 0.4 bp $0 | 1.4 bp −$14 | 9.7 bp −$970 | doesn't fit |
| Sell Deribit live order book, 5 min ago | 4.16 bp | 7.7 bp −$8 | 8.2 bp −$82 | doesn't fit | doesn't fit |
NVDA price on every exchange
against the cheapest. Click to use as the short leg.SunX227.56cheapestExtended227.71+0.066%tradeXYZ227.74+0.079%Gate227.82+0.114%Nado227.83+0.118%Bybit227.83+0.119%KuCoin227.84+0.123%Bitget227.84+0.123%Binance227.86+0.134%Pacifica227.87+0.135%OKX227.87+0.136%SoDEX227.89+0.145%Arcus227.90+0.149%Aster227.92+0.159%Polymarket Perps227.93+0.163%
SunX
Extended
tradeXYZ
Gate
Nado
Bybit
KuCoin
Bitget
Binance
Pacifica
OKX
SoDEX
Arcus
Aster
Polymarket PerpsDeribit227.93+0.163%
Orderly227.99+0.189%QFEX228.00+0.193%Aevo228.00+0.195%Aftermath Perps228.01+0.198%
Orderly
QFEX
AevoLighter228.02+0.200%
HTX228.02+0.202%Injective228.04+0.211%BloFin228.04+0.211%ApeX Omni228.06+0.220%Phemex228.06+0.220%Hotstuff228.07+0.224%Lighter RH228.10+0.237%Coinbase International228.13+0.250%Ondo Perps228.14+0.255%Vest228.16+0.264%Phoenix228.18+0.272%Variational Omni228.28+0.318%edgeX228.54+0.430%
HTX
Injective
BloFin
ApeX Omni
Phemex
Hotstuff
Lighter RH
Coinbase International
Ondo Perps
Vest
Phoenix
Variational OmniNVDA on 34 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX NVDA-USDT | −0.200% | 0.0000% | 8h | $2K | $3.9M | 20x | as long as short |
| Extended NVDA_24_5-USD | −0.134% | +0.0032% | 1h | $530K | $326K | 10x | as long as short |
| tradeXYZ xyz:NVDA | −0.121% | +0.0076% | 1h | $147.8M | $46.4M | 20x | as long as short |
| Gate NVDA_USDT | −0.086% | 0.0000% | 8h | $7.2M | $8.7M | 100x | as long as short |
| Nado NVDA-PERP | −0.082% | +0.0131% | 1h | $478K | $216K | 20x | as long as short |
| Bybit NVDAUSDT | −0.082% | 0.0000% | 8h | $12.7M | $13.8M | 100x | as long as short |
| KuCoin NVDAUSDTM | −0.077% | +0.0104% | 8h | $1.6M | $678K | 20x | as long as short |
| Bitget NVDAUSDT | −0.077% | +0.0204% | 8h | $15.8M | $17.6M | 100x | as long as short |
| Binance NVDAUSDT | −0.067% | +0.0094% | 8h | $157.2M | $201.2M | 50x | as long as short |
| Pacifica NVDA | −0.065% | +0.0100% | 1h | $300K | $47K | 10x | as long as short |
Show all 34 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX NVDA-USDT-SWAP | −0.064% | 0.0000% | 8h | $14.5M | $20.1M | 50x | as long as short |
| SoDEX NVDA-USD | −0.055% | +0.0050% | 1h | $59K | $20K | 10x | as long as short |
| Arcus NVDA-USD | −0.051% | +0.0040% | 1h | $378K | $566K | 20x | as long as short |
| Aster NVDAUSDT | −0.042% | +0.0053% | 8h | $513K | $392K | 20x | as long as short |
| Polymarket Perps NVDA-USD | −0.038% | +0.0050% | 1h | $397K | $255K | 10x | as long as short |
| Deribit NVDA_USDC-PERPETUALshort | −0.038% | +0.0145% | 1h | $49K | $1.3M | 10x | |
| Orderly PERP_NVDA_USDC | −0.011% | +0.0100% | 8h | $36K | $22K | 20x | as long as short |
| QFEX NVDA-USD | −0.007% | +0.0067% | 1h | $1.4M | $10.3M | 10x | as long as short |
| Aevo NVDA-PERP | −0.006% | +0.0104% | 1h | — | — | 10x | as long as short |
| Aftermath Perps NVDAUSD | −0.003% | +0.0154% | 1h | $118K | $53K | 10x | as long as short |
| Lighter NVDAlong | 0.000% | +0.0176% | 1h | $2.0M | $3.2M | 20x | |
| HTX NVDA-USDT | +0.002% | 0.0000% | 8h | $197K | $441K | 30x | as long as short |
| Injective NVDA/USDC PERP | +0.011% | +0.0220% | 1h | $73K | $19K | 30x | as long as short |
| BloFin NVDA-USDT | +0.011% | +0.0214% | 8h | $738K | $184K | 20x | as long as short |
| ApeX Omni NVDAUSDT | +0.019% | +0.0100% | 1h | $16K | $43K | 50x | as long as short |
| Phemex NVDAUSDT | +0.019% | 0.0000% | 4h | $2.2M | $41K | 10x | as long as short |
| Hotstuff NVDA-PERP | +0.024% | +0.0088% | 1h | $35K | — | 20x | as long as short |
| Lighter RH NVDA | +0.037% | +0.0152% | 1h | $4.8M | $6.7M | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.050% | +0.0096% | 1h | $1.3M | $812K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.054% | +0.0050% | 1h | $1.7M | $2.0M | 15x | as long as short |
| Vest NVDA-USD-PERP | +0.063% | +0.0046% | 1h | — | $73K | 25x | as long as short |
| Phoenix NVDA | +0.072% | +0.0141% | 1h | $94K | $112K | 20x | as long as short |
| Variational Omni NVDA | +0.117% | +0.0018% | 8h | $3.4M | $2.1M | — | as long as short |
| edgeX NVDAUSDC | +0.229% | +0.0596% | 4h | $168K | $1.7M | 20x | as long as short |