Spread before costs (cost unknown: a leg has no order-book sample)−0.062%
7d average—if it closes, per $10,000$6funding while held, a day+$5.64
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH NVDA | 227.36 | 0.0032 | pay 0.0004% / 1h | 45m 15s | $4.6M | $5.9M | 20x |
| Short | Injective NVDA/USDC PERP | 227.22 | 0.0220 | get 0.0028% / 1h | 45m 15s | $73K | $53K | 30x |
Lighter RH NVDA
Injective NVDA/USDC PERPPrice 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
- −$6.16
- Funding while held
- $5.64
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$0.54
- Spread needed to break even
- 0.000%
Slippage unknown: Lighter RH: live order book, 5 min ago; Injective: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0188%
- Per $10,000 a day
- +$5.64
- 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, 5 min ago | 1.10 bp | 1.1 bp −$1 | 2.1 bp −$21 | 31.8 bp −$3,179 | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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.ApeX Omni226.75cheapestAftermath Perps226.79+0.016%Hotstuff226.80+0.022%Phoenix226.86+0.049%Ondo Perps226.87+0.053%HTX226.90+0.066%Coinbase International226.91+0.071%SunX226.95+0.088%edgeX226.96+0.093%Arcus226.98+0.101%Variational Omni226.99+0.107%Nado227.02+0.118%Pacifica227.05+0.134%tradeXYZ227.10+0.154%Extended227.11+0.159%Gate227.11+0.159%Polymarket Perps227.12+0.163%SoDEX227.12+0.163%BloFin227.13+0.168%Aster227.13+0.169%QFEX227.15+0.176%Bybit227.17+0.185%KuCoin227.19+0.194%Deribit227.19+0.194%Binance227.20+0.198%OKX227.20+0.198%Aevo227.21+0.204%Bitget227.22+0.207%
ApeX Omni
Hotstuff
Phoenix
Ondo Perps
HTX
Coinbase International
SunX
Arcus
Variational Omni
Nado
Pacifica
tradeXYZ
Extended
Gate
Polymarket Perps
SoDEX
BloFin
Aster
QFEX
Bybit
KuCoin
Deribit
Binance
OKX
Aevo
BitgetInjective227.22+0.207%
Phemex227.22+0.207%Orderly227.23+0.212%Lighter227.25+0.219%Vest227.30+0.243%
Phemex
Orderly
Lighter
VestLighter RH227.36+0.269%
NVDA on 34 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni NVDAUSDT | −0.268% | +0.0100% | 1h | $16K | $43K | 50x | as long as short |
| Aftermath Perps NVDAUSD | −0.253% | +0.0097% | 1h | $117K | $53K | 10x | as long as short |
| Hotstuff NVDA-PERP | −0.246% | +0.0208% | 1h | $35K | — | 20x | as long as short |
| Phoenix NVDA | −0.220% | +0.0106% | 1h | $93K | $96K | 20x | as long as short |
| Ondo Perps NVDA-USD.P | −0.216% | +0.0050% | 1h | $1.4M | $1.5M | 15x | as long as short |
| HTX NVDA-USDT | −0.202% | 0.0000% | 8h | $200K | $353K | 30x | as long as short |
| Coinbase International NVDA-PERP-INTX | −0.198% | +0.0072% | 1h | $1.3M | $725K | 10x | as long as short |
| SunX NVDA-USDT | −0.180% | 0.0000% | 8h | $2K | $3.8M | 20x | as long as short |
| edgeX NVDAUSDC | −0.176% | +0.0944% | 4h | $174K | $1.4M | 20x | as long as short |
| Arcus NVDA-USD | −0.167% | +0.0040% | 1h | $371K | $594K | 20x | as long as short |
Show all 34 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni NVDA | −0.161% | 0.0000% | 8h | $3.2M | $2.1M | — | as long as short |
| Nado NVDA-PERP | −0.150% | +0.0077% | 1h | $348K | $143K | 20x | as long as short |
| Pacifica NVDA | −0.135% | +0.0100% | 1h | $299K | $44K | 10x | as long as short |
| tradeXYZ xyz:NVDA | −0.114% | +0.0050% | 1h | $147.7M | $42.8M | 20x | as long as short |
| Extended NVDA_24_5-USD | −0.110% | +0.0032% | 1h | $546K | $246K | 10x | as long as short |
| Gate NVDA_USDT | −0.110% | 0.0000% | 8h | $7.3M | $7.9M | 100x | as long as short |
| Polymarket Perps NVDA-USD | −0.106% | +0.0050% | 1h | $364K | $194K | 10x | as long as short |
| SoDEX NVDA-USD | −0.106% | +0.0050% | 1h | $58K | $18K | 10x | as long as short |
| BloFin NVDA-USDT | −0.101% | +0.0160% | 8h | $744K | $168K | 20x | as long as short |
| Aster NVDAUSDT | −0.100% | +0.0035% | 8h | $540K | $277K | 20x | as long as short |
| QFEX NVDA-USD | −0.092% | +0.0023% | 1h | $1.3M | $8.6M | 10x | as long as short |
| Bybit NVDAUSDT | −0.084% | 0.0000% | 8h | $12.8M | $12.2M | 100x | as long as short |
| KuCoin NVDAUSDTM | −0.075% | +0.0100% | 8h | $1.6M | $579K | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | −0.075% | 0.0000% | 1h | $48K | $1.2M | 10x | as long as short |
| Binance NVDAUSDT | −0.070% | +0.0040% | 8h | $159.7M | $161.7M | 50x | as long as short |
| OKX NVDA-USDT-SWAP | −0.070% | 0.0000% | 8h | $14.7M | $18.3M | 50x | as long as short |
| Aevo NVDA-PERP | −0.065% | +0.0088% | 1h | — | — | 10x | as long as short |
| Bitget NVDAUSDT | −0.062% | +0.0158% | 8h | $16.0M | $16.3M | 100x | as long as short |
| Injective NVDA/USDC PERPshort | −0.062% | +0.0220% | 1h | $73K | $53K | 30x | |
| Phemex NVDAUSDT | −0.062% | 0.0000% | 4h | $2.2M | $41K | 10x | as long as short |
| Orderly PERP_NVDA_USDC | −0.057% | +0.0100% | 8h | $36K | $22K | 20x | as long as short |
| Lighter NVDA | −0.050% | +0.0056% | 1h | $2.1M | $2.7M | 20x | as long as short |
| Vest NVDA-USD-PERP | −0.026% | +0.0046% | 1h | — | $71K | 25x | as long as short |
| Lighter RH NVDAlong | 0.000% | +0.0032% | 1h | $4.6M | $5.9M | 20x |