Spread before costs (cost unknown: a leg has no order-book sample)+0.058%
7d average—if it closes, per $10,000$6funding while held, a day+$0.12
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_NVDA_USDC | 225.24 | 0.0100 | pay 0.0100% / 8h | 7h 48m | $36K | $22K | 20x |
| Short | Hotstuff NVDA-PERP | 225.37 | 0.0104 | get 0.0013% / 1h | 48m 25s | $35K | — | 20x |
Orderly PERP_NVDA_USDC
Hotstuff NVDA-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
- $5.77
- Funding while held
- $0.12
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- −$5.11
- Spread needed to break even
- 0.110%
Slippage unknown: Orderly: no order-book sample; Hotstuff: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0004%
- Per $10,000 a day
- +$0.12
- 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 Hotstuff no order-book sample | — | — | — | — | — |
Orderly and Hotstuff: 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.SunX224.85cheapestOndo Perps225.02+0.076%ApeX Omni225.07+0.098%Nado225.07+0.099%Aftermath Perps225.11+0.115%Phoenix225.13+0.125%SoDEX225.14+0.129%edgeX225.20+0.155%Deribit225.22+0.165%Coinbase International225.22+0.165%
SunX
Ondo Perps
ApeX Omni
Nado
Phoenix
SoDEX
Deribit
Coinbase InternationalOrderly225.24+0.173%
HTX225.24+0.173%BloFin225.24+0.173%Aevo225.26+0.180%Extended225.28+0.191%Aster225.30+0.200%Pacifica225.33+0.212%Arcus225.33+0.213%Gate225.34+0.218%Phemex225.34+0.218%Injective225.35+0.222%Polymarket Perps225.36+0.227%Variational Omni225.36+0.229%tradeXYZ225.37+0.231%OKX225.37+0.231%
HTX
BloFin
Aevo
Extended
Aster
Pacifica
Arcus
Gate
Phemex
Injective
Polymarket Perps
Variational Omni
tradeXYZ
OKXHotstuff225.37+0.231%
Bybit225.40+0.245%QFEX225.40+0.245%Binance225.40+0.246%Vest225.44+0.262%KuCoin225.45+0.267%Bitget225.47+0.276%Lighter225.49+0.285%Lighter RH225.57+0.320%
Bybit
QFEX
Binance
Vest
KuCoin
Bitget
Lighter
Lighter RHNVDA on 34 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX NVDA-USDT | −0.173% | 0.0000% | 8h | $2K | $3.7M | 20x | as long as short |
| Ondo Perps NVDA-USD.P | −0.098% | +0.0050% | 1h | $1.5M | $1.4M | 15x | as long as short |
| ApeX Omni NVDAUSDT | −0.075% | +0.0100% | 1h | $16K | $42K | 50x | as long as short |
| Nado NVDA-PERP | −0.075% | +0.0149% | 1h | $484K | $63K | 20x | as long as short |
| Aftermath Perps NVDAUSD | −0.058% | +0.0142% | 1h | $117K | $52K | 10x | as long as short |
| Phoenix NVDA | −0.049% | +0.0178% | 1h | $108K | $36K | 20x | as long as short |
| SoDEX NVDA-USD | −0.044% | +0.0050% | 1h | $58K | $17K | 10x | as long as short |
| edgeX NVDAUSDC | −0.018% | −0.0771% | 4h | $172K | $1.2M | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | −0.009% | +0.0061% | 1h | $55K | $1.2M | 10x | as long as short |
| Coinbase International NVDA-PERP-INTX | −0.009% | +0.0112% | 1h | $1.3M | $695K | 10x | 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 | $36K | $22K | 20x | |
| HTX NVDA-USDT | 0.000% | 0.0000% | 8h | $201K | $337K | 30x | as long as short |
| BloFin NVDA-USDT | 0.000% | +0.0246% | 8h | $752K | $155K | 20x | as long as short |
| Aevo NVDA-PERP | +0.007% | +0.0112% | 1h | — | — | 10x | as long as short |
| Extended NVDA_24_5-USD | +0.018% | +0.0032% | 1h | $559K | $230K | 10x | as long as short |
| Aster NVDAUSDT | +0.027% | +0.0111% | 8h | $537K | $274K | 20x | as long as short |
| Pacifica NVDA | +0.039% | +0.0100% | 1h | $297K | $43K | 10x | as long as short |
| Arcus NVDA-USD | +0.040% | +0.0076% | 1h | $385K | $558K | 20x | as long as short |
| Gate NVDA_USDT | +0.044% | 0.0000% | 8h | $7.2M | $6.4M | 100x | as long as short |
| Phemex NVDAUSDT | +0.044% | 0.0000% | 4h | $2.2M | $38K | 10x | as long as short |
| Injective NVDA/USDC PERP | +0.049% | +0.0220% | 1h | $72K | $53K | 30x | as long as short |
| Polymarket Perps NVDA-USD | +0.053% | +0.0050% | 1h | $358K | $181K | 10x | as long as short |
| Variational Omni NVDA | +0.055% | +0.0066% | 8h | $3.1M | $2.0M | — | as long as short |
| tradeXYZ xyz:NVDA | +0.058% | +0.0050% | 1h | $151.0M | $37.6M | 20x | as long as short |
| OKX NVDA-USDT-SWAP | +0.058% | +0.0023% | 8h | $14.9M | $16.2M | 50x | as long as short |
| Hotstuff NVDA-PERPshort | +0.058% | +0.0104% | 1h | $35K | — | 20x | |
| Bybit NVDAUSDT | +0.071% | 0.0000% | 8h | $12.8M | $11.5M | 100x | as long as short |
| QFEX NVDA-USD | +0.071% | +0.0039% | 1h | $1.3M | $7.4M | 10x | as long as short |
| Binance NVDAUSDT | +0.072% | +0.0125% | 8h | $161.9M | $137.5M | 50x | as long as short |
| Vest NVDA-USD-PERP | +0.089% | +0.0046% | 1h | — | $71K | 25x | as long as short |
| KuCoin NVDAUSDTM | +0.093% | +0.0182% | 8h | $1.6M | $551K | 20x | as long as short |
| Bitget NVDAUSDT | +0.102% | +0.0229% | 8h | $16.6M | $15.0M | 100x | as long as short |
| Lighter NVDA | +0.111% | +0.0128% | 1h | $1.8M | $2.1M | 20x | as long as short |
| Lighter RH NVDA | +0.147% | +0.0072% | 1h | $4.4M | $5.3M | 20x | as long as short |