Spread before costs (cost unknown: a leg has no order-book sample)+0.071%
7d average—if it closes, per $10,000$7funding while held, a day+$0.84
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_NVDA_USDC | 225.23 | 0.0100 | pay 0.0100% / 8h | 38m 31s | $35K | $21K | 20x |
| Short | Coinbase International NVDA-PERP-INTX | 225.39 | 0.0128 | get 0.0016% / 1h | 38m 31s | $1.3M | $656K | 10x |
Orderly PERP_NVDA_USDC
Coinbase International NVDA-PERP-INTXPrice 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
- $7.1
- Funding while held
- $0.84
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$8.06
- Spread needed to break even
- 0.160%
Slippage unknown: Orderly: no order-book sample; Coinbase International: live order book, 1 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0028%
- Per $10,000 a day
- +$0.84
- 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 1 min ago | 2.22 bp | 7.8 bp −$8 | 9.5 bp −$95 | doesn't fit | doesn't fit |
Orderly: 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.SunX224.90cheapestOndo Perps225.02+0.053%Nado225.12+0.097%Pacifica225.12+0.098%Extended225.15+0.111%Hotstuff225.18+0.124%SoDEX225.18+0.124%Arcus225.22+0.142%Deribit225.22+0.142%Gate225.23+0.147%
SunX
Ondo Perps
Nado
Pacifica
Extended
Hotstuff
SoDEX
Arcus
Deribit
GateOrderly225.23+0.147%
edgeX225.24+0.150%tradeXYZ225.24+0.151%Phoenix225.24+0.151%BloFin225.24+0.151%QFEX225.25+0.156%Aftermath Perps225.25+0.156%HTX225.26+0.160%Aevo225.27+0.166%Variational Omni225.27+0.166%Polymarket Perps225.28+0.169%KuCoin225.29+0.173%Binance225.31+0.181%OKX225.31+0.182%Bybit225.32+0.187%Phemex225.32+0.187%ApeX Omni225.33+0.191%Aster225.33+0.192%Lighter225.33+0.193%Bitget225.35+0.200%Vest225.36+0.205%
tradeXYZ
Phoenix
BloFin
QFEX
HTX
Aevo
Variational Omni
Polymarket Perps
KuCoin
Binance
OKX
Bybit
Phemex
ApeX Omni
Aster
Lighter
Bitget
VestCoinbase International225.39+0.218%
Lighter RH225.42+0.231%Injective225.68+0.347%
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 | −0.147% | 0.0000% | 8h | $2K | $3.3M | 20x | as long as short |
| Ondo Perps NVDA-USD.P | −0.093% | +0.0050% | 1h | $1.7M | $814K | 15x | as long as short |
| Nado NVDA-PERP | −0.050% | +0.0114% | 1h | $490K | $58K | 20x | as long as short |
| Pacifica NVDA | −0.049% | +0.0100% | 1h | $297K | $43K | 10x | as long as short |
| Extended NVDA_24_5-USD | −0.036% | +0.0032% | 1h | $559K | $231K | 10x | as long as short |
| Hotstuff NVDA-PERP | −0.022% | +0.0048% | 1h | $35K | — | 20x | as long as short |
| SoDEX NVDA-USD | −0.022% | +0.0050% | 1h | $58K | $15K | 10x | as long as short |
| Arcus NVDA-USD | −0.004% | +0.0040% | 1h | $391K | $558K | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | −0.004% | 0.0000% | 1h | $54K | $1.1M | 10x | as long as short |
| Gate NVDA_USDT | 0.000% | 0.0000% | 8h | $7.2M | $5.7M | 100x | as long as short |
Show all 34 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Orderly PERP_NVDA_USDClong | 0.000% | +0.0100% | 8h | $35K | $21K | 20x | |
| edgeX NVDAUSDC | +0.003% | −0.0283% | 4h | $173K | $1.1M | 20x | as long as short |
| tradeXYZ xyz:NVDA | +0.004% | +0.0050% | 1h | $150.9M | $35.5M | 20x | as long as short |
| Phoenix NVDA | +0.004% | +0.0178% | 1h | $108K | $36K | 20x | as long as short |
| BloFin NVDA-USDT | +0.004% | +0.0278% | 8h | $772K | $144K | 20x | as long as short |
| QFEX NVDA-USD | +0.009% | +0.0032% | 1h | $1.3M | $6.7M | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.009% | +0.0159% | 1h | $117K | $51K | 10x | as long as short |
| HTX NVDA-USDT | +0.013% | 0.0000% | 8h | $201K | $363K | 30x | as long as short |
| Aevo NVDA-PERP | +0.019% | +0.0120% | 1h | — | — | 10x | as long as short |
| Variational Omni NVDA | +0.019% | +0.0109% | 8h | $3.2M | $1.9M | — | as long as short |
| Polymarket Perps NVDA-USD | +0.022% | +0.0050% | 1h | $352K | $155K | 10x | as long as short |
| KuCoin NVDAUSDTM | +0.027% | +0.0199% | 8h | $1.6M | $482K | 20x | as long as short |
| Binance NVDAUSDT | +0.034% | +0.0157% | 8h | $160.9M | $115.6M | 50x | as long as short |
| OKX NVDA-USDT-SWAP | +0.036% | +0.0053% | 8h | $15.1M | $15.3M | 50x | as long as short |
| Bybit NVDAUSDT | +0.040% | 0.0000% | 8h | $12.9M | $10.6M | 100x | as long as short |
| Phemex NVDAUSDT | +0.040% | 0.0000% | 4h | $2.2M | $38K | 10x | as long as short |
| ApeX Omni NVDAUSDT | +0.044% | +0.0100% | 1h | $16K | $42K | 50x | as long as short |
| Aster NVDAUSDT | +0.045% | +0.0141% | 8h | $544K | $259K | 20x | as long as short |
| Lighter NVDA | +0.046% | +0.0176% | 1h | $1.8M | $2.1M | 20x | as long as short |
| Bitget NVDAUSDT | +0.053% | +0.0265% | 8h | $17.0M | $14.5M | 100x | as long as short |
| Vest NVDA-USD-PERP | +0.058% | +0.0046% | 1h | — | $68K | 25x | as long as short |
| Coinbase International NVDA-PERP-INTXshort | +0.071% | +0.0128% | 1h | $1.3M | $656K | 10x | |
| Lighter RH NVDA | +0.084% | +0.0056% | 1h | $4.4M | $5.0M | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.200% | +0.0220% | 1h | $72K | $53K | 30x | as long as short |