Spread before costs (cost unknown: a leg has no order-book sample)+0.051%
7d average+0.087%if it closes, per $10,000$5funding while held, a day+$1.85
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps NVDA-USD.P | 225.37 | 0.0050 | pay 0.0006% / 1h | 37m 44s | $1.5M | $1.4M | 15x |
| Short | Lighter NVDA | 225.48 | 0.0112 | get 0.0014% / 1h | 37m 44s | $1.8M | $2.2M | 20x |
Ondo Perps NVDA-USD.P
Lighter 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
- $5.06
- Funding while held
- $1.85
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $1.91
- Spread needed to break even
- 0.050%
Slippage unknown: Ondo Perps: no order-book sample; Lighter: live order book, 6 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0062%
- Per $10,000 a day
- +$1.85
- 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 6 min ago | 0.02 bp | 0.6 bp −$1 | 1.9 bp −$19 | 8.1 bp −$810 | doesn't fit |
Ondo Perps: 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.SunX225.10cheapestCoinbase International225.22+0.053%Extended225.33+0.104%
SunX
Coinbase International
ExtendedOndo Perps225.37+0.120%
Phoenix225.37+0.120%SoDEX225.37+0.120%Pacifica225.37+0.121%tradeXYZ225.38+0.124%Polymarket Perps225.38+0.124%Deribit225.38+0.124%Nado225.39+0.127%Gate225.40+0.133%ApeX Omni225.40+0.133%OKX225.41+0.138%Arcus225.42+0.142%Binance225.43+0.147%Bybit225.43+0.147%Hotstuff225.43+0.147%Orderly225.45+0.155%Aevo225.46+0.158%Bitget225.46+0.160%QFEX225.48+0.169%
Phoenix
SoDEX
Pacifica
tradeXYZ
Polymarket Perps
Deribit
Nado
Gate
ApeX Omni
OKX
Arcus
Binance
Bybit
Hotstuff
Orderly
Aevo
Bitget
QFEXLighter225.48+0.171%
KuCoin225.49+0.173%Aster225.50+0.178%BloFin225.50+0.178%Aftermath Perps225.50+0.179%edgeX225.50+0.179%Vest225.51+0.182%HTX225.51+0.182%Phemex225.51+0.182%Variational Omni225.52+0.187%Lighter RH225.59+0.218%Injective225.63+0.235%
KuCoin
Aster
BloFin
Vest
HTX
Phemex
Variational Omni
Lighter RH
InjectiveNVDA on 34 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX NVDA-USDT | −0.120% | 0.0000% | 8h | $2K | $3.7M | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | −0.067% | +0.0112% | 1h | $1.3M | $695K | 10x | as long as short |
| Extended NVDA_24_5-USD | −0.016% | +0.0032% | 1h | $554K | $217K | 10x | as long as short |
| Ondo Perps NVDA-USD.Plong | 0.000% | +0.0050% | 1h | $1.5M | $1.4M | 15x | |
| Phoenix NVDA | 0.000% | +0.0178% | 1h | $108K | $36K | 20x | as long as short |
| SoDEX NVDA-USD | 0.000% | +0.0050% | 1h | $58K | $17K | 10x | as long as short |
| Pacifica NVDA | +0.001% | +0.0100% | 1h | $297K | $43K | 10x | as long as short |
| tradeXYZ xyz:NVDA | +0.004% | +0.0050% | 1h | $151.0M | $37.9M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.004% | +0.0050% | 1h | $362K | $184K | 10x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.004% | 0.0000% | 1h | $55K | $1.2M | 10x | as long as short |
Show all 34 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado NVDA-PERP | +0.007% | +0.0120% | 1h | $485K | $63K | 20x | as long as short |
| Gate NVDA_USDT | +0.013% | 0.0000% | 8h | $7.2M | $6.4M | 100x | as long as short |
| ApeX Omni NVDAUSDT | +0.013% | +0.0100% | 1h | $16K | $42K | 50x | as long as short |
| OKX NVDA-USDT-SWAP | +0.018% | +0.0014% | 8h | $15.0M | $16.2M | 50x | as long as short |
| Arcus NVDA-USD | +0.022% | +0.0076% | 1h | $362K | $578K | 20x | as long as short |
| Binance NVDAUSDT | +0.027% | +0.0118% | 8h | $162.0M | $139.2M | 50x | as long as short |
| Bybit NVDAUSDT | +0.027% | 0.0000% | 8h | $12.8M | $11.5M | 100x | as long as short |
| Hotstuff NVDA-PERP | +0.027% | +0.0072% | 1h | $35K | — | 20x | as long as short |
| Orderly PERP_NVDA_USDC | +0.035% | +0.0100% | 8h | $36K | $22K | 20x | as long as short |
| Aevo NVDA-PERP | +0.038% | +0.0112% | 1h | — | — | 10x | as long as short |
| Bitget NVDAUSDT | +0.040% | +0.0224% | 8h | $16.6M | $15.1M | 100x | as long as short |
| QFEX NVDA-USD | +0.049% | +0.0039% | 1h | $1.3M | $7.5M | 10x | as long as short |
| Lighter NVDAshort | +0.051% | +0.0112% | 1h | $1.8M | $2.2M | 20x | |
| KuCoin NVDAUSDTM | +0.053% | +0.0171% | 8h | $1.6M | $554K | 20x | as long as short |
| Aster NVDAUSDT | +0.058% | +0.0106% | 8h | $538K | $275K | 20x | as long as short |
| BloFin NVDA-USDT | +0.058% | +0.0239% | 8h | $756K | $155K | 20x | as long as short |
| Aftermath Perps NVDAUSD | +0.059% | +0.0143% | 1h | $117K | $52K | 10x | as long as short |
| edgeX NVDAUSDC | +0.059% | −0.0821% | 4h | $172K | $1.2M | 20x | as long as short |
| Vest NVDA-USD-PERP | +0.062% | +0.0046% | 1h | — | $71K | 25x | as long as short |
| HTX NVDA-USDT | +0.062% | 0.0000% | 8h | $201K | $334K | 30x | as long as short |
| Phemex NVDAUSDT | +0.062% | 0.0000% | 4h | $2.2M | $39K | 10x | as long as short |
| Variational Omni NVDA | +0.067% | +0.0060% | 8h | $3.1M | $2.0M | — | as long as short |
| Lighter RH NVDA | +0.098% | +0.0064% | 1h | $4.4M | $5.4M | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.115% | +0.0220% | 1h | $72K | $53K | 30x | as long as short |