After costs, if the gap returns to its 7d average, $10k−$45
spread now−0.057%7d average−0.030%fees + slippage, in and out−$42spread needed0.423%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix NVDA | 227.58 | 0.0141 | pay 0.0018% / 1h | 24m 09s | $94K | $112K | 20x |
| Short | Aftermath Perps NVDAUSD | 227.45 | 0.0172 | get 0.0021% / 1h | 24m 09s | $118K | $52K | 10x |
Phoenix NVDAPrice 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
- −$5.65
- Funding while held
- $0.93
- Slippage, 4 orders
- −$26.3
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Net
- −$47.02
- Spread needed to break even
- 0.423%
Slippage from Phoenix: live order book, 30 min ago; Aftermath Perps: live order book, 6 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0031%
- Per $10,000 a day
- +$0.93
- 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 Phoenix live order book, 30 min ago | 2.20 bp | 7.9 bp −$8 | 16.0 bp −$160 | doesn't fit | doesn't fit |
| Sell Aftermath Perps live order book, 6 min ago | 6.13 bp | 10.6 bp −$11 | 13.5 bp −$135 | doesn't fit | doesn't fit |
NVDA price on every exchange
against the cheapest. Click to use as the short leg.SunX227.15cheapestOndo Perps227.29+0.062%Nado227.38+0.101%Pacifica227.39+0.106%ApeX Omni227.43+0.123%Coinbase International227.43+0.123%Aster227.44+0.126%Arcus227.44+0.128%Extended227.45+0.134%Gate227.47+0.141%tradeXYZ227.49+0.150%Hotstuff227.49+0.150%Polymarket Perps227.49+0.150%HTX227.50+0.154%QFEX227.51+0.158%Variational Omni227.52+0.161%SoDEX227.53+0.167%Deribit227.54+0.172%Bybit227.55+0.176%OKX227.55+0.176%BloFin227.55+0.176%Orderly227.56+0.180%Phemex227.56+0.180%KuCoin227.57+0.185%Bitget227.57+0.185%Aevo227.57+0.186%edgeX227.58+0.188%
SunX
Ondo Perps
Nado
Pacifica
ApeX Omni
Coinbase International
Aster
Arcus
Extended
Gate
tradeXYZ
Hotstuff
Polymarket Perps
HTX
QFEX
Variational Omni
SoDEX
Deribit
Bybit
OKX
BloFin
Orderly
Phemex
KuCoin
Bitget
AevoPhoenix227.58+0.189%
Binance227.61+0.204%Lighter227.62+0.205%Vest227.66+0.225%Lighter RH227.75+0.264%Injective227.75+0.264%
Binance
Lighter
Vest
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 | −0.189% | 0.0000% | 8h | $2K | $3.9M | 20x | as long as short |
| Ondo Perps NVDA-USD.P | −0.127% | +0.0050% | 1h | $1.7M | $1.9M | 15x | as long as short |
| Nado NVDA-PERP | −0.088% | +0.0156% | 1h | $479K | $217K | 20x | as long as short |
| Pacifica NVDA | −0.083% | +0.0100% | 1h | $300K | $49K | 10x | as long as short |
| ApeX Omni NVDAUSDT | −0.066% | +0.0100% | 1h | $16K | $43K | 50x | as long as short |
| Coinbase International NVDA-PERP-INTX | −0.066% | +0.0096% | 1h | $1.3M | $792K | 10x | as long as short |
| Aster NVDAUSDT | −0.063% | +0.0073% | 8h | $523K | $376K | 20x | as long as short |
| Arcus NVDA-USD | −0.062% | +0.0040% | 1h | $376K | $560K | 20x | as long as short |
| Aftermath Perps NVDAUSDshort | −0.057% | +0.0172% | 1h | $118K | $52K | 10x | |
| Extended NVDA_24_5-USD | −0.055% | +0.0032% | 1h | $528K | $307K | 10x | as long as short |
Show all 34 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate NVDA_USDT | −0.048% | 0.0000% | 8h | $7.3M | $8.6M | 100x | as long as short |
| tradeXYZ xyz:NVDA | −0.040% | +0.0115% | 1h | $147.2M | $45.7M | 20x | as long as short |
| Hotstuff NVDA-PERP | −0.040% | +0.0080% | 1h | $35K | — | 20x | as long as short |
| Polymarket Perps NVDA-USD | −0.040% | +0.0050% | 1h | $396K | $255K | 10x | as long as short |
| HTX NVDA-USDT | −0.035% | 0.0000% | 8h | $200K | $429K | 30x | as long as short |
| QFEX NVDA-USD | −0.031% | +0.0067% | 1h | $1.4M | $9.9M | 10x | as long as short |
| Variational Omni NVDA | −0.028% | +0.0020% | 8h | $3.4M | $2.3M | — | as long as short |
| SoDEX NVDA-USD | −0.022% | +0.0050% | 1h | $58K | $19K | 10x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | −0.018% | +0.0058% | 1h | $49K | $1.3M | 10x | as long as short |
| Bybit NVDAUSDT | −0.013% | 0.0000% | 8h | $12.8M | $13.6M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | −0.013% | 0.0000% | 8h | $14.6M | $19.5M | 50x | as long as short |
| BloFin NVDA-USDT | −0.013% | +0.0215% | 8h | $740K | $180K | 20x | as long as short |
| Orderly PERP_NVDA_USDC | −0.009% | +0.0100% | 8h | $36K | $22K | 20x | as long as short |
| Phemex NVDAUSDT | −0.009% | 0.0000% | 4h | $2.2M | $41K | 10x | as long as short |
| KuCoin NVDAUSDTM | −0.004% | +0.0123% | 8h | $1.7M | $641K | 20x | as long as short |
| Bitget NVDAUSDT | −0.004% | +0.0206% | 8h | $15.9M | $17.4M | 100x | as long as short |
| Aevo NVDA-PERP | −0.003% | +0.0104% | 1h | — | — | 10x | as long as short |
| edgeX NVDAUSDC | −0.001% | +0.0675% | 4h | $167K | $1.7M | 20x | as long as short |
| Phoenix NVDAlong | 0.000% | +0.0141% | 1h | $94K | $112K | 20x | |
| Binance NVDAUSDT | +0.015% | +0.0094% | 8h | $157.2M | $197.5M | 50x | as long as short |
| Lighter NVDA | +0.016% | +0.0224% | 1h | $2.1M | $2.9M | 20x | as long as short |
| Vest NVDA-USD-PERP | +0.035% | +0.0046% | 1h | — | $73K | 25x | as long as short |
| Lighter RH NVDA | +0.075% | +0.0192% | 1h | $4.9M | $6.4M | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.075% | +0.0220% | 1h | $73K | $19K | 30x | as long as short |