Spread before costs (cost unknown: a leg has no order-book sample)−0.301%
7d average—if it closes, per $10,000$30funding while held, a day−$6.18
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter NVDA | 222.54 | 0.0256 | pay 0.0032% / 1h | 27m 23s | $1.8M | $1.9M | 20x |
| Short | SoDEX NVDA-USD | 221.87 | 0.0050 | get 0.0006% / 1h | 27m 23s | $57K | $10K | 10x |
Lighter NVDA
SoDEX NVDA-USDPrice 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
- −$30.11
- Funding while held
- −$6.18
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$44.29
- Spread needed to break even
- 0.080%
Slippage unknown: Lighter: live order book, 6 min ago; SoDEX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0206%
- Per $10,000 a day
- −$6.18
- 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 | 0.63 bp | 0.8 bp −$1 | 4.1 bp −$41 | 28.5 bp −$2,853 | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: 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.SoDEX221.87cheapest
SunX221.93+0.027%Ondo Perps222.02+0.068%Arcus222.02+0.068%Extended222.04+0.076%QFEX222.13+0.117%Polymarket Perps222.14+0.122%ApeX Omni222.21+0.153%Orderly222.21+0.153%Coinbase International222.22+0.158%tradeXYZ222.23+0.162%Nado222.24+0.166%Deribit222.26+0.176%HTX222.27+0.180%Vest222.28+0.185%Gate222.29+0.189%Aster222.31+0.197%Phoenix222.31+0.198%Pacifica222.37+0.224%Bybit222.37+0.225%Bitget222.37+0.225%Binance222.44+0.257%OKX222.47+0.270%Phemex222.47+0.270%Hotstuff222.53+0.297%
SunX
Ondo Perps
Arcus
Extended
QFEX
Polymarket Perps
ApeX Omni
Orderly
Coinbase International
tradeXYZ
Nado
Deribit
HTX
Vest
Gate
Aster
Phoenix
Pacifica
Bybit
Bitget
Binance
OKX
Phemex
HotstuffLighter222.54+0.302%
Aevo222.54+0.303%BloFin222.57+0.316%Lighter RH222.61+0.334%Aftermath Perps222.84+0.438%KuCoin222.88+0.455%edgeX222.92+0.472%Variational Omni223.68+0.816%Injective224.19+1.046%
Aevo
BloFin
Lighter RH
KuCoin
Variational Omni
InjectiveNVDA on 34 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX NVDA-USDshort | −0.301% | +0.0050% | 1h | $57K | $10K | 10x | |
| SunX NVDA-USDT | −0.274% | 0.0000% | 8h | $2K | $2.0M | 20x | as long as short |
| Ondo Perps NVDA-USD.P | −0.234% | +0.0050% | 1h | $1.7M | $689K | 15x | as long as short |
| Arcus NVDA-USD | −0.234% | +0.0040% | 1h | $495K | $398K | 20x | as long as short |
| Extended NVDA_24_5-USD | −0.225% | +0.0032% | 1h | $556K | $171K | 10x | as long as short |
| QFEX NVDA-USD | −0.184% | +0.0054% | 1h | $1.3M | $5.1M | 10x | as long as short |
| Polymarket Perps NVDA-USD | −0.180% | +0.0050% | 1h | $343K | $156K | 10x | as long as short |
| ApeX Omni NVDAUSDT | −0.148% | +0.0100% | 1h | $15K | $35K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | −0.148% | +0.0100% | 8h | $34K | $29K | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | −0.144% | +0.0184% | 1h | $1.3M | $553K | 10x | as long as short |
Show all 34 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:NVDA | −0.139% | +0.0162% | 1h | $148.7M | $30.9M | 20x | as long as short |
| Nado NVDA-PERP | −0.136% | +0.0179% | 1h | $485K | $51K | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | −0.126% | +0.0380% | 1h | $75K | $1.0M | 10x | as long as short |
| HTX NVDA-USDT | −0.121% | 0.0000% | 8h | $197K | $286K | 30x | as long as short |
| Vest NVDA-USD-PERP | −0.117% | +0.0046% | 1h | — | $67K | 25x | as long as short |
| Gate NVDA_USDT | −0.112% | 0.0000% | 8h | $7.1M | $4.5M | 100x | as long as short |
| Aster NVDAUSDT | −0.104% | +0.0186% | 8h | $555K | $244K | 20x | as long as short |
| Phoenix NVDA | −0.103% | +0.0215% | 1h | $107K | $35K | 20x | as long as short |
| Pacifica NVDA | −0.078% | +0.0100% | 1h | $293K | $31K | 10x | as long as short |
| Bybit NVDAUSDT | −0.076% | +0.0049% | 8h | $12.4M | $7.8M | 100x | as long as short |
| Bitget NVDAUSDT | −0.076% | +0.0253% | 8h | $16.6M | $12.5M | 100x | as long as short |
| Binance NVDAUSDT | −0.045% | +0.0238% | 8h | $160.2M | $75.9M | 50x | as long as short |
| OKX NVDA-USDT-SWAP | −0.031% | +0.0151% | 8h | $15.1M | $11.3M | 50x | as long as short |
| Phemex NVDAUSDT | −0.031% | 0.0000% | 4h | $2.2M | $38K | 10x | as long as short |
| Hotstuff NVDA-PERP | −0.004% | −0.1600% | 1h | $34K | — | 20x | as long as short |
| Lighter NVDAlong | 0.000% | +0.0256% | 1h | $1.8M | $1.9M | 20x | |
| Aevo NVDA-PERP | +0.001% | +0.0144% | 1h | — | — | 10x | as long as short |
| BloFin NVDA-USDT | +0.013% | +0.0357% | 8h | $771K | $96K | 20x | as long as short |
| Lighter RH NVDA | +0.031% | +0.0224% | 1h | $4.6M | $4.5M | 20x | as long as short |
| Aftermath Perps NVDAUSD | +0.136% | +0.0027% | 1h | $115K | $46K | 10x | as long as short |
| KuCoin NVDAUSDTM | +0.153% | +0.0346% | 8h | $1.6M | $358K | 20x | as long as short |
| edgeX NVDAUSDC | +0.170% | +0.0460% | 4h | $160K | $653K | 20x | as long as short |
| Variational Omni NVDA | +0.513% | +0.0195% | 8h | $3.2M | $1.8M | — | as long as short |
| Injective NVDA/USDC PERP | +0.741% | +0.0220% | 1h | $72K | $115K | 30x | as long as short |