Spread before costs (cost unknown: a leg has no order-book sample)−0.018%
7d average—if it closes, per $10,000$2funding while held, a day−$1.50
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_NVDA_USDC | 224.09 | 0.0100 | pay 0.0100% / 8h | 1h 23m | $34K | $29K | 20x |
| Short | SoDEX NVDA-USD | 224.05 | 0.0050 | get 0.0006% / 1h | 23m 40s | $58K | $14K | 10x |
Orderly PERP_NVDA_USDC
SoDEX NVDA-USDPrice 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
- −$1.78
- Funding while held
- −$1.5
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$17.28
- Spread needed to break even
- 0.140%
Slippage unknown: Orderly: no order-book sample; SoDEX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0050%
- Per $10,000 a day
- −$1.50
- 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 SoDEX no order-book sample | — | — | — | — | — |
Orderly and SoDEX: 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.Phoenix223.72cheapestedgeX223.78+0.025%Ondo Perps223.94+0.098%SunX223.94+0.098%Aftermath Perps223.96+0.105%Injective223.99+0.121%Coinbase International224.01+0.130%Pacifica224.02+0.132%Nado224.03+0.136%Aster224.03+0.140%Polymarket Perps224.04+0.143%Extended224.05+0.145%
Phoenix
Ondo Perps
SunX
Injective
Coinbase International
Pacifica
Nado
Aster
Polymarket Perps
ExtendedSoDEX224.05+0.148%
Hotstuff224.07+0.156%Deribit224.07+0.156%tradeXYZ224.08+0.161%ApeX Omni224.08+0.161%
Hotstuff
Deribit
tradeXYZ
ApeX OmniOrderly224.09+0.165%
Arcus224.10+0.170%Aevo224.13+0.185%Vest224.14+0.188%Gate224.15+0.192%QFEX224.16+0.197%Variational Omni224.16+0.197%Bybit224.18+0.206%Binance224.19+0.208%OKX224.19+0.210%KuCoin224.20+0.215%HTX224.20+0.215%Phemex224.22+0.223%Lighter224.22+0.226%Bitget224.24+0.232%BloFin224.24+0.232%Lighter RH224.34+0.277%
Arcus
Aevo
Vest
Gate
QFEX
Variational Omni
Bybit
Binance
OKX
KuCoin
HTX
Phemex
Lighter
Bitget
BloFin
Lighter RHNVDA on 34 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phoenix NVDA | −0.165% | +0.0178% | 1h | $108K | $36K | 20x | as long as short |
| edgeX NVDAUSDC | −0.141% | −0.0667% | 4h | $173K | $980K | 20x | as long as short |
| Ondo Perps NVDA-USD.P | −0.067% | +0.0050% | 1h | $1.7M | $753K | 15x | as long as short |
| SunX NVDA-USDT | −0.067% | 0.0000% | 8h | $2K | $2.9M | 20x | as long as short |
| Aftermath Perps NVDAUSD | −0.060% | +0.0152% | 1h | $116K | $50K | 10x | as long as short |
| Injective NVDA/USDC PERP | −0.045% | +0.0220% | 1h | $72K | $87K | 30x | as long as short |
| Coinbase International NVDA-PERP-INTX | −0.036% | +0.0168% | 1h | $1.3M | $638K | 10x | as long as short |
| Pacifica NVDA | −0.033% | +0.0100% | 1h | $295K | $41K | 10x | as long as short |
| Nado NVDA-PERP | −0.029% | +0.0108% | 1h | $490K | $55K | 20x | as long as short |
| Aster NVDAUSDT | −0.025% | +0.0164% | 8h | $540K | $257K | 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 | −0.022% | +0.0050% | 1h | $346K | $149K | 10x | as long as short |
| Extended NVDA_24_5-USD | −0.020% | +0.0040% | 1h | $551K | $223K | 10x | as long as short |
| SoDEX NVDA-USDshort | −0.018% | +0.0050% | 1h | $58K | $14K | 10x | |
| Hotstuff NVDA-PERP | −0.009% | +0.0040% | 1h | $35K | — | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | −0.009% | 0.0000% | 1h | $64K | $1.0M | 10x | as long as short |
| tradeXYZ xyz:NVDA | −0.004% | +0.0050% | 1h | $150.9M | $34.0M | 20x | as long as short |
| ApeX Omni NVDAUSDT | −0.004% | +0.0100% | 1h | $15K | $39K | 50x | as long as short |
| Orderly PERP_NVDA_USDClong | 0.000% | +0.0100% | 8h | $34K | $29K | 20x | |
| Arcus NVDA-USD | +0.004% | +0.0040% | 1h | $451K | $500K | 20x | as long as short |
| Aevo NVDA-PERP | +0.019% | +0.0128% | 1h | — | — | 10x | as long as short |
| Vest NVDA-USD-PERP | +0.022% | +0.0046% | 1h | — | $68K | 25x | as long as short |
| Gate NVDA_USDT | +0.027% | 0.0000% | 8h | $7.1M | $5.4M | 100x | as long as short |
| QFEX NVDA-USD | +0.031% | +0.0046% | 1h | $1.3M | $5.8M | 10x | as long as short |
| Variational Omni NVDA | +0.031% | +0.0163% | 8h | $3.2M | $1.9M | — | as long as short |
| Bybit NVDAUSDT | +0.040% | 0.0000% | 8h | $12.8M | $9.8M | 100x | as long as short |
| Binance NVDAUSDT | +0.043% | +0.0193% | 8h | $161.0M | $105.7M | 50x | as long as short |
| OKX NVDA-USDT-SWAP | +0.045% | +0.0104% | 8h | $15.1M | $14.3M | 50x | as long as short |
| KuCoin NVDAUSDTM | +0.049% | +0.0245% | 8h | $1.6M | $438K | 20x | as long as short |
| HTX NVDA-USDT | +0.049% | 0.0000% | 8h | $199K | $280K | 30x | as long as short |
| Phemex NVDAUSDT | +0.058% | 0.0000% | 4h | $2.2M | $38K | 10x | as long as short |
| Lighter NVDA | +0.060% | +0.0232% | 1h | $1.8M | $2.0M | 20x | as long as short |
| Bitget NVDAUSDT | +0.067% | +0.0277% | 8h | $16.9M | $14.3M | 100x | as long as short |
| BloFin NVDA-USDT | +0.067% | +0.0316% | 8h | $763K | $125K | 20x | as long as short |
| Lighter RH NVDA | +0.112% | +0.0160% | 1h | $4.5M | $5.0M | 20x | as long as short |