After costs, if the gap returns to its 7d average, $10k−$94
spread now−0.026%7d average−0.034%fees + slippage, in and out−$95spread needed0.949%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex NVDAUSDT | 224.19 | 0 | get 0.0000% / 4h | 1h 26m | $2.2M | $38K | 10x |
| Short | Nado NVDA-PERP | 224.13 | 0.0111 | get 0.0014% / 1h | 26m 21s | $490K | $55K | 20x |
Phemex NVDAUSDT
Nado 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
- −$2.65
- Funding while held
- $3.33
- Slippage, 4 orders
- −$75.89
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$94.21
- Spread needed to break even
- 0.949%
Slippage from Phemex: live order book, 4 min ago; Nado: live order book, 28 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0111%
- Per $10,000 a day
- +$3.33
- 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, 4 min ago | 1.56 bp | 35.7 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell Nado live order book, 28 min ago | 1.12 bp | 10.1 bp −$10 | 15.9 bp −$159 | doesn't fit | doesn't fit |
NVDA price on every exchange
against the cheapest. Click to use as the short leg.ApeX Omni223.68cheapestAftermath Perps223.71+0.013%Phoenix223.72+0.018%Coinbase International223.73+0.022%edgeX223.78+0.042%HTX223.81+0.058%Variational Omni223.89+0.095%Ondo Perps223.95+0.121%SunX223.98+0.134%Injective223.99+0.139%Extended224.04+0.161%Arcus224.04+0.161%Hotstuff224.09+0.183%Aster224.11+0.191%Pacifica224.11+0.192%SoDEX224.11+0.192%tradeXYZ224.12+0.197%QFEX224.12+0.197%Deribit224.12+0.197%
ApeX Omni
Phoenix
Coinbase International
HTX
Variational Omni
Ondo Perps
SunX
Injective
Extended
Arcus
Hotstuff
Aster
Pacifica
SoDEX
tradeXYZ
QFEX
DeribitNado224.13+0.201%
Polymarket Perps224.14+0.206%Orderly224.15+0.210%BloFin224.16+0.215%Vest224.19+0.228%
Polymarket Perps
Orderly
BloFin
VestPhemex224.19+0.228%
Aevo224.21+0.236%Binance224.21+0.237%Gate224.21+0.237%Bybit224.22+0.241%OKX224.22+0.241%KuCoin224.23+0.246%Lighter224.24+0.251%Bitget224.25+0.255%Lighter RH224.33+0.291%
Aevo
Binance
Gate
Bybit
OKX
KuCoin
Lighter
Bitget
Lighter RHNVDA on 34 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni NVDAUSDT | −0.227% | +0.0100% | 1h | $15K | $39K | 50x | as long as short |
| Aftermath Perps NVDAUSD | −0.214% | +0.0149% | 1h | $116K | $49K | 10x | as long as short |
| Phoenix NVDA | −0.210% | +0.0178% | 1h | $108K | $36K | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | −0.205% | +0.0168% | 1h | $1.3M | $629K | 10x | as long as short |
| edgeX NVDAUSDC | −0.185% | −0.0667% | 4h | $173K | $980K | 20x | as long as short |
| HTX NVDA-USDT | −0.169% | 0.0000% | 8h | $199K | $280K | 30x | as long as short |
| Variational Omni NVDA | −0.133% | +0.0169% | 8h | $3.2M | $1.8M | — | as long as short |
| Ondo Perps NVDA-USD.P | −0.107% | +0.0050% | 1h | $1.7M | $750K | 15x | as long as short |
| SunX NVDA-USDT | −0.094% | 0.0000% | 8h | $2K | $2.9M | 20x | as long as short |
| Injective NVDA/USDC PERP | −0.089% | +0.0220% | 1h | $72K | $87K | 30x | 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 | −0.067% | +0.0040% | 1h | $551K | $222K | 10x | as long as short |
| Arcus NVDA-USD | −0.067% | +0.0040% | 1h | $499K | $436K | 20x | as long as short |
| Hotstuff NVDA-PERP | −0.045% | +0.0056% | 1h | $35K | — | 20x | as long as short |
| Aster NVDAUSDT | −0.037% | +0.0167% | 8h | $546K | $257K | 20x | as long as short |
| Pacifica NVDA | −0.036% | +0.0100% | 1h | $295K | $41K | 10x | as long as short |
| SoDEX NVDA-USD | −0.036% | +0.0050% | 1h | $58K | $14K | 10x | as long as short |
| tradeXYZ xyz:NVDA | −0.031% | +0.0050% | 1h | $151.1M | $34.2M | 20x | as long as short |
| QFEX NVDA-USD | −0.031% | +0.0046% | 1h | $1.3M | $5.8M | 10x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | −0.031% | 0.0000% | 1h | $64K | $1.0M | 10x | as long as short |
| Nado NVDA-PERPshort | −0.026% | +0.0111% | 1h | $490K | $55K | 20x | |
| Polymarket Perps NVDA-USD | −0.022% | +0.0050% | 1h | $346K | $149K | 10x | as long as short |
| Orderly PERP_NVDA_USDC | −0.018% | +0.0100% | 8h | $34K | $29K | 20x | as long as short |
| BloFin NVDA-USDT | −0.013% | +0.0317% | 8h | $757K | $125K | 20x | as long as short |
| Vest NVDA-USD-PERP | 0.000% | +0.0046% | 1h | — | $68K | 25x | as long as short |
| Phemex NVDAUSDTlong | 0.000% | 0.0000% | 4h | $2.2M | $38K | 10x | |
| Aevo NVDA-PERP | +0.008% | +0.0128% | 1h | — | — | 10x | as long as short |
| Binance NVDAUSDT | +0.009% | +0.0196% | 8h | $161.2M | $105.4M | 50x | as long as short |
| Gate NVDA_USDT | +0.009% | 0.0000% | 8h | $7.1M | $5.4M | 100x | as long as short |
| Bybit NVDAUSDT | +0.013% | 0.0000% | 8h | $12.8M | $9.8M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | +0.013% | +0.0106% | 8h | $15.0M | $14.1M | 50x | as long as short |
| KuCoin NVDAUSDTM | +0.018% | +0.0249% | 8h | $1.6M | $432K | 20x | as long as short |
| Lighter NVDA | +0.023% | +0.0232% | 1h | $1.8M | $2.0M | 20x | as long as short |
| Bitget NVDAUSDT | +0.027% | +0.0278% | 8h | $16.9M | $14.5M | 100x | as long as short |
| Lighter RH NVDA | +0.062% | +0.0168% | 1h | $4.5M | $5.0M | 20x | as long as short |