After costs, if the gap returns to its 7d average, $10k−$127
spread now−0.018%7d average−0.020%fees + slippage, in and out−$127spread needed1.269%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex NVDAUSDT | 227.71 | 0 | get 0.0000% / 4h | 2h 09m | $2.2M | $41K | 10x |
| Short | KuCoin NVDAUSDTM | 227.67 | 0.0109 | get 0.0109% / 8h | 6h 09m | $1.6M | $603K | 20x |
Phemex NVDAUSDT
KuCoin NVDAUSDTMPrice 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
- −$1.76
- Funding while held
- $3.27
- Slippage, 4 orders
- −$102.91
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$125.39
- Spread needed to break even
- 1.269%
Slippage from Phemex: live order book, 5 min ago; KuCoin: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0109%
- Per $10,000 a day
- +$3.27
- 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 Phemex live order book, 5 min ago | 2.20 bp | 36.0 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 1.10 bp | 17.1 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
NVDA price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International227.13cheapestSunX227.28+0.066%Ondo Perps227.30+0.075%ApeX Omni227.30+0.075%Aftermath Perps227.33+0.090%Nado227.34+0.094%Hotstuff227.39+0.114%Pacifica227.41+0.123%Arcus227.41+0.123%edgeX227.43+0.131%Extended227.43+0.132%Phoenix227.43+0.132%Polymarket Perps227.49+0.158%BloFin227.49+0.158%SoDEX227.50+0.163%QFEX227.51+0.167%Orderly227.55+0.185%Deribit227.58+0.198%Variational Omni227.58+0.200%Aster227.62+0.216%Aevo227.63+0.221%Gate227.64+0.225%tradeXYZ227.66+0.233%Vest227.66+0.233%Injective227.66+0.233%
Coinbase International
SunX
Ondo Perps
ApeX Omni
Nado
Hotstuff
Pacifica
Arcus
Extended
Phoenix
Polymarket Perps
BloFin
SoDEX
QFEX
Orderly
Deribit
Variational Omni
Aster
Aevo
Gate
tradeXYZ
Vest
InjectiveKuCoin227.67+0.238%
Lighter227.68+0.240%Bybit227.69+0.247%OKX227.69+0.247%
Lighter
Bybit
OKXPhemex227.71+0.255%
Binance227.71+0.255%HTX227.73+0.264%Bitget227.77+0.282%Lighter RH227.91+0.343%
Binance
HTX
Bitget
Lighter RHNVDA on 34 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International NVDA-PERP-INTX | −0.255% | +0.0072% | 1h | $1.3M | $779K | 10x | as long as short |
| SunX NVDA-USDT | −0.189% | 0.0000% | 8h | $2K | $3.9M | 20x | as long as short |
| Ondo Perps NVDA-USD.P | −0.180% | +0.0050% | 1h | $1.7M | $1.8M | 15x | as long as short |
| ApeX Omni NVDAUSDT | −0.180% | +0.0100% | 1h | $16K | $43K | 50x | as long as short |
| Aftermath Perps NVDAUSD | −0.165% | +0.0138% | 1h | $118K | $52K | 10x | as long as short |
| Nado NVDA-PERP | −0.161% | +0.0123% | 1h | $479K | $213K | 20x | as long as short |
| Hotstuff NVDA-PERP | −0.141% | −0.0032% | 1h | $35K | — | 20x | as long as short |
| Pacifica NVDA | −0.132% | +0.0100% | 1h | $300K | $44K | 10x | as long as short |
| Arcus NVDA-USD | −0.132% | +0.0040% | 1h | $374K | $586K | 20x | as long as short |
| edgeX NVDAUSDC | −0.124% | +0.0988% | 4h | $168K | $1.7M | 20x | as long as short |
Show all 34 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended NVDA_24_5-USD | −0.123% | +0.0032% | 1h | $539K | $258K | 10x | as long as short |
| Phoenix NVDA | −0.123% | +0.0106% | 1h | $94K | $96K | 20x | as long as short |
| Polymarket Perps NVDA-USD | −0.097% | +0.0050% | 1h | $396K | $257K | 10x | as long as short |
| BloFin NVDA-USDT | −0.097% | +0.0174% | 8h | $740K | $175K | 20x | as long as short |
| SoDEX NVDA-USD | −0.092% | +0.0050% | 1h | $59K | $19K | 10x | as long as short |
| QFEX NVDA-USD | −0.088% | +0.0023% | 1h | $1.3M | $9.3M | 10x | as long as short |
| Orderly PERP_NVDA_USDC | −0.070% | +0.0100% | 8h | $36K | $22K | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | −0.057% | +0.0322% | 1h | $48K | $1.3M | 10x | as long as short |
| Variational Omni NVDA | −0.055% | 0.0000% | 8h | $3.2M | $2.2M | — | as long as short |
| Aster NVDAUSDT | −0.040% | +0.0048% | 8h | $526K | $347K | 20x | as long as short |
| Aevo NVDA-PERP | −0.035% | +0.0096% | 1h | — | — | 10x | as long as short |
| Gate NVDA_USDT | −0.031% | 0.0000% | 8h | $7.3M | $8.5M | 100x | as long as short |
| tradeXYZ xyz:NVDA | −0.022% | +0.0050% | 1h | $147.6M | $45.5M | 20x | as long as short |
| Vest NVDA-USD-PERP | −0.022% | +0.0046% | 1h | — | $73K | 25x | as long as short |
| Injective NVDA/USDC PERP | −0.022% | +0.0220% | 1h | $73K | $53K | 30x | as long as short |
| KuCoin NVDAUSDTMshort | −0.018% | +0.0109% | 8h | $1.6M | $603K | 20x | |
| Lighter NVDA | −0.015% | +0.0168% | 1h | $2.1M | $2.9M | 20x | as long as short |
| Bybit NVDAUSDT | −0.009% | 0.0000% | 8h | $12.9M | $13.5M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | −0.009% | 0.0000% | 8h | $14.7M | $19.5M | 50x | as long as short |
| Phemex NVDAUSDTlong | 0.000% | 0.0000% | 4h | $2.2M | $41K | 10x | |
| Binance NVDAUSDT | 0.000% | +0.0055% | 8h | $157.6M | $190.7M | 50x | as long as short |
| HTX NVDA-USDT | +0.009% | 0.0000% | 8h | $201K | $348K | 30x | as long as short |
| Bitget NVDAUSDT | +0.026% | +0.0172% | 8h | $15.9M | $17.2M | 100x | as long as short |
| Lighter RH NVDA | +0.088% | +0.0144% | 1h | $4.8M | $6.2M | 20x | as long as short |