After costs, if the gap returns to its 7d average, $10k−$17
spread now−0.102%7d average−0.084%fees + slippage, in and out−$16spread needed0.156%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH NVDA | 225.02 | 0.0056 | pay 0.0007% / 1h | 34m 16s | $4.4M | $5.1M | 20x |
| Short | Deribit NVDA_USDC-PERPETUAL | 224.79 | 0 | get 0.0000% / 1h | 34m 16s | $53K | $1.1M | 10x |
Lighter RH 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
- −$10.22
- Funding while held
- −$1.68
- Slippage, 4 orders
- −$8.61
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$27.52
- Spread needed to break even
- 0.156%
Slippage from Lighter RH: live order book, 6 min ago; Deribit: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0056%
- Per $10,000 a day
- −$1.68
- 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 RH live order book, 6 min ago | 0.67 bp | 0.7 bp −$1 | 2.0 bp −$20 | 32.2 bp −$3,215 | doesn't fit |
| Sell Deribit live order book, 1 min ago | 3.56 bp | 7.1 bp −$7 | 7.9 bp −$79 | doesn't fit | doesn't fit |
NVDA price on every exchange
against the cheapest. Click to use as the short leg.SunX224.49cheapestExtended224.77+0.126%
SunX
ExtendedDeribit224.79+0.134%
SoDEX224.82+0.147%Bybit224.83+0.151%Ondo Perps224.84+0.156%Binance224.85+0.160%tradeXYZ224.85+0.160%Gate224.85+0.160%Nado224.85+0.161%OKX224.86+0.165%Arcus224.87+0.169%Orderly224.87+0.169%Bitget224.88+0.174%Polymarket Perps224.88+0.174%HTX224.88+0.174%Pacifica224.89+0.178%Aevo224.90+0.182%QFEX224.90+0.183%Lighter224.93+0.194%KuCoin224.93+0.196%ApeX Omni224.94+0.200%Aster224.94+0.202%Coinbase International224.95+0.205%BloFin224.98+0.218%Hotstuff224.99+0.223%Vest225.01+0.232%Phemex225.01+0.232%
SoDEX
Bybit
Ondo Perps
Binance
tradeXYZ
Gate
Nado
OKX
Arcus
Orderly
Bitget
Polymarket Perps
HTX
Pacifica
Aevo
QFEX
Lighter
KuCoin
ApeX Omni
Aster
Coinbase International
BloFin
Hotstuff
Vest
PhemexLighter RH225.02+0.236%
Aftermath Perps225.06+0.254%Variational Omni225.09+0.269%edgeX225.21+0.321%Phoenix225.24+0.334%Injective225.68+0.530%
Variational Omni
Phoenix
InjectiveNVDA on 34 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX NVDA-USDT | −0.236% | 0.0000% | 8h | $2K | $3.4M | 20x | as long as short |
| Extended NVDA_24_5-USD | −0.110% | +0.0032% | 1h | $559K | $228K | 10x | as long as short |
| Deribit NVDA_USDC-PERPETUALshort | −0.102% | 0.0000% | 1h | $53K | $1.1M | 10x | |
| SoDEX NVDA-USD | −0.089% | +0.0050% | 1h | $60K | $15K | 10x | as long as short |
| Bybit NVDAUSDT | −0.084% | 0.0000% | 8h | $12.9M | $10.9M | 100x | as long as short |
| Ondo Perps NVDA-USD.P | −0.080% | +0.0050% | 1h | $1.7M | $1.3M | 15x | as long as short |
| Binance NVDAUSDT | −0.076% | +0.0151% | 8h | $161.3M | $124.6M | 50x | as long as short |
| tradeXYZ xyz:NVDA | −0.076% | +0.0050% | 1h | $150.3M | $35.9M | 20x | as long as short |
| Gate NVDA_USDT | −0.076% | 0.0000% | 8h | $7.2M | $5.8M | 100x | as long as short |
| Nado NVDA-PERP | −0.075% | +0.0113% | 1h | $486K | $60K | 20x | as long as short |
Show all 34 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX NVDA-USDT-SWAP | −0.071% | +0.0048% | 8h | $14.9M | $15.5M | 50x | as long as short |
| Arcus NVDA-USD | −0.067% | +0.0040% | 1h | $390K | $557K | 20x | as long as short |
| Orderly PERP_NVDA_USDC | −0.067% | +0.0100% | 8h | $34K | $21K | 20x | as long as short |
| Bitget NVDAUSDT | −0.062% | +0.0262% | 8h | $17.0M | $14.7M | 100x | as long as short |
| Polymarket Perps NVDA-USD | −0.062% | +0.0050% | 1h | $351K | $156K | 10x | as long as short |
| HTX NVDA-USDT | −0.062% | 0.0000% | 8h | $200K | $361K | 30x | as long as short |
| Pacifica NVDA | −0.058% | +0.0100% | 1h | $296K | $43K | 10x | as long as short |
| Aevo NVDA-PERP | −0.054% | +0.0120% | 1h | — | — | 10x | as long as short |
| QFEX NVDA-USD | −0.053% | +0.0032% | 1h | $1.3M | $6.8M | 10x | as long as short |
| Lighter NVDA | −0.042% | +0.0152% | 1h | $1.8M | $2.1M | 20x | as long as short |
| KuCoin NVDAUSDTM | −0.040% | +0.0191% | 8h | $1.6M | $486K | 20x | as long as short |
| ApeX Omni NVDAUSDT | −0.036% | +0.0100% | 1h | $16K | $42K | 50x | as long as short |
| Aster NVDAUSDT | −0.034% | +0.0135% | 8h | $541K | $264K | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | −0.031% | +0.0128% | 1h | $1.3M | $657K | 10x | as long as short |
| BloFin NVDA-USDT | −0.018% | +0.0273% | 8h | $770K | $145K | 20x | as long as short |
| Hotstuff NVDA-PERP | −0.013% | +0.0160% | 1h | $35K | — | 20x | as long as short |
| Vest NVDA-USD-PERP | −0.004% | +0.0046% | 1h | — | $68K | 25x | as long as short |
| Phemex NVDAUSDT | −0.004% | 0.0000% | 4h | $2.2M | $38K | 10x | as long as short |
| Lighter RH NVDAlong | 0.000% | +0.0056% | 1h | $4.4M | $5.1M | 20x | |
| Aftermath Perps NVDAUSD | +0.018% | +0.0161% | 1h | $117K | $51K | 10x | as long as short |
| Variational Omni NVDA | +0.033% | +0.0105% | 8h | $3.1M | $2.0M | — | as long as short |
| edgeX NVDAUSDC | +0.084% | −0.0095% | 4h | $173K | $1.1M | 20x | as long as short |
| Phoenix NVDA | +0.098% | +0.0178% | 1h | $108K | $36K | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.293% | +0.0220% | 1h | $72K | $53K | 30x | as long as short |