After costs, if the gap returns to its 7d average, $10k−$4
spread now+0.055%7d average−0.048%fees + slippage, in and out−$15spread needed0.146%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter NVDA | 222.94 | 0.0280 | pay 0.0035% / 1h | 31m 35s | $1.8M | $1.7M | 20x |
| Short | Pacifica NVDA | 223.07 | 0.0100 | get 0.0013% / 1h | 31m 35s | $294K | $30K | 10x |
Lighter NVDA
Pacifica 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
- $5.52
- Funding while held
- −$5.4
- Slippage, 4 orders
- −$6.61
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$14.49
- Spread needed to break even
- 0.146%
Slippage from Lighter: live order book, 2 min ago; Pacifica: live order book, 28 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0180%
- Per $10,000 a day
- −$5.40
- 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, 2 min ago | 0.63 bp | 0.8 bp −$1 | 4.1 bp −$41 | 28.5 bp −$2,853 | doesn't fit |
| Sell Pacifica live order book, 28 min ago | 0.89 bp | 8.1 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
NVDA price on every exchange
against the cheapest. Click to use as the short leg.Ondo Perps222.76cheapestExtended222.84+0.035%Arcus222.84+0.036%
Ondo Perps
Extended
ArcusLighter222.94+0.083%
Binance222.96+0.091%QFEX222.99+0.103%Bitget223.01+0.112%Bybit223.04+0.126%
Binance
QFEX
Bitget
BybitPacifica223.07+0.138%
Gate223.12+0.162%OKX223.13+0.166%tradeXYZ223.15+0.175%Aster223.29+0.239%Hotstuff223.34+0.260%ApeX Omni223.35+0.265%SunX223.42+0.296%Lighter RH223.48+0.323%KuCoin223.48+0.323%Aftermath Perps223.52+0.342%Phoenix223.54+0.350%Coinbase International223.55+0.355%HTX223.55+0.355%Variational Omni223.56+0.359%SoDEX223.57+0.364%Nado223.59+0.375%BloFin223.60+0.377%edgeX223.61+0.380%Polymarket Perps223.68+0.413%Vest223.69+0.417%Aevo223.69+0.419%Orderly223.72+0.431%Deribit223.74+0.440%Phemex223.90+0.512%Injective224.19+0.642%
Gate
OKX
tradeXYZ
Aster
Hotstuff
ApeX Omni
SunX
Lighter RH
KuCoin
Phoenix
Coinbase International
HTX
Variational Omni
SoDEX
Nado
BloFin
Polymarket Perps
Vest
Aevo
Orderly
Deribit
Phemex
InjectiveNVDA on 34 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Ondo Perps NVDA-USD.P | −0.083% | +0.0050% | 1h | $1.7M | $583K | 15x | as long as short |
| Extended NVDA_24_5-USD | −0.048% | +0.0032% | 1h | $557K | $164K | 10x | as long as short |
| Arcus NVDA-USD | −0.047% | +0.0040% | 1h | $496K | $311K | 20x | as long as short |
| Lighter NVDAlong | 0.000% | +0.0280% | 1h | $1.8M | $1.7M | 20x | |
| Binance NVDAUSDT | +0.008% | +0.0234% | 8h | $159.0M | $63.3M | 50x | as long as short |
| QFEX NVDA-USD | +0.020% | +0.0054% | 1h | $1.3M | $5.0M | 10x | as long as short |
| Bitget NVDAUSDT | +0.029% | +0.0246% | 8h | $16.6M | $11.4M | 100x | as long as short |
| Bybit NVDAUSDT | +0.043% | +0.0043% | 8h | $12.5M | $7.0M | 100x | as long as short |
| Pacifica NVDAshort | +0.055% | +0.0100% | 1h | $294K | $30K | 10x | |
| Gate NVDA_USDT | +0.078% | 0.0000% | 8h | $7.0M | $4.2M | 100x | as long as short |