NVDA

Alert

After costs, if the gap returns to its 7d average, $10k−$16

spread now−0.113%7d average−0.065%fees + slippage, in and out−$11spread needed0.114%

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH NVDA	227.32	0.0080	pay 0.0010% / 1h	26m 11s	$4.7M	$6.0M	20x
Short	Nado NVDA-PERP	227.06	0.0094	get 0.0012% / 1h	26m 11s	$477K	$211K	20x

Price spread history

latest

Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Position, each leg$Hold forhoursFee Lighter RHbpFee NadobpOrdersClose when spread is

Spread captured: −$11.35
Funding while held: $0.41
Slippage, 4 orders: −$4.41
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$22.35
Spread needed to break even: 0.114%

Slippage from Lighter RH: live order book, 4 min ago; Nado: live order book, 13 min ago.

Cost of waiting

funding view

Funding /8h: +0.0014%
Per $10,000 a day: +$0.41
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, 4 min ago	0.44 bp	0.4 bp $0	3.5 bp −$35	33.3 bp −$3,335	doesn't fit
Sell Nado live order book, 13 min ago	1.32 bp	5.6 bp −$6	14.9 bp −$149	doesn't fit	doesn't fit

NVDA on 34 venues

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Variational Omni NVDA	−0.173%	0.0000%	8h	$3.2M	$2.2M	—	as long as short
SunX NVDA-USDT	−0.136%	0.0000%	8h	$2K	$3.9M	20x	as long as short
Extended NVDA_24_5-USD	−0.132%	+0.0032%	1h	$539K	$259K	10x	as long as short
Injective NVDA/USDC PERP	−0.123%	+0.0220%	1h	$73K	$53K	30x	as long as short
Nado NVDA-PERPshort	−0.113%	+0.0094%	1h	$477K	$211K	20x
SoDEX NVDA-USD	−0.097%	+0.0050%	1h	$58K	$18K	10x	as long as short
Arcus NVDA-USD	−0.084%	+0.0040%	1h	$373K	$590K	20x	as long as short
tradeXYZ xyz:NVDA	−0.079%	+0.0050%	1h	$147.4M	$44.7M	20x	as long as short
Pacifica NVDA	−0.079%	+0.0100%	1h	$299K	$44K	10x	as long as short
Hotstuff NVDA-PERP	−0.079%	−0.0112%	1h	$35K	—	20x	as long as short

Show all 34 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Polymarket Perps NVDA-USD	−0.075%	+0.0050%	1h	$388K	$249K	10x	as long as short
Ondo Perps NVDA-USD.P	−0.070%	+0.0050%	1h	$1.6M	$1.7M	15x	as long as short
Gate NVDA_USDT	−0.053%	0.0000%	8h	$7.3M	$8.2M	100x	as long as short
ApeX Omni NVDAUSDT	−0.053%	+0.0100%	1h	$16K	$43K	50x	as long as short
Aftermath Perps NVDAUSD	−0.049%	+0.0110%	1h	$118K	$52K	10x	as long as short
Bybit NVDAUSDT	−0.048%	0.0000%	8h	$12.8M	$12.8M	100x	as long as short
Coinbase International NVDA-PERP-INTX	−0.048%	+0.0072%	1h	$1.3M	$766K	10x	as long as short
Lighter NVDA	−0.046%	+0.0112%	1h	$2.1M	$2.8M	20x	as long as short
Orderly PERP_NVDA_USDC	−0.044%	+0.0100%	8h	$36K	$22K	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	−0.035%	+0.0631%	1h	$48K	$1.3M	10x	as long as short
Aevo NVDA-PERP	−0.033%	+0.0088%	1h	—	—	10x	as long as short
Bitget NVDAUSDT	−0.026%	+0.0149%	8h	$15.9M	$16.9M	100x	as long as short
OKX NVDA-USDT-SWAP	−0.022%	0.0000%	8h	$14.6M	$19.2M	50x	as long as short
QFEX NVDA-USD	−0.018%	+0.0023%	1h	$1.3M	$9.0M	10x	as long as short
Binance NVDAUSDT	−0.014%	+0.0029%	8h	$159.2M	$176.3M	50x	as long as short
KuCoin NVDAUSDTM	−0.013%	+0.0100%	8h	$1.6M	$587K	20x	as long as short
Lighter RH NVDAlong	0.000%	+0.0080%	1h	$4.7M	$6.0M	20x
Aster NVDAUSDT	+0.001%	+0.0021%	8h	$541K	$288K	20x	as long as short
edgeX NVDAUSDC	+0.011%	+0.0180%	4h	$171K	$1.5M	20x	as long as short
Vest NVDA-USD-PERP	+0.013%	+0.0046%	1h	—	$73K	25x	as long as short
BloFin NVDA-USDT	+0.018%	+0.0100%	8h	$746K	$171K	20x	as long as short
HTX NVDA-USDT	+0.035%	0.0000%	8h	$200K	$350K	30x	as long as short
Phemex NVDAUSDT	+0.035%	0.0000%	4h	$2.2M	$41K	10x	as long as short
Phoenix NVDA	+0.040%	+0.0106%	1h	$94K	$96K	20x	as long as short