After costs, if the gap returns to its 7d average, $10k−$36
spread now−0.036%7d average−0.006%fees + slippage, in and out−$33spread needed0.329%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix NVDA | 223.78 | 0.0178 | pay 0.0022% / 1h | 31m 03s | $108K | $36K | 20x |
| Short | Deribit NVDA_USDC-PERPETUAL | 223.70 | 0 | get 0.0000% / 1h | 31m 03s | $64K | $1.0M | 10x |
Price 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
- −$3.57
- Funding while held
- −$5.35
- Slippage, 4 orders
- −$18.86
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$41.78
- Spread needed to break even
- 0.329%
Slippage from Phoenix: live order book, 12 min ago; Deribit: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0178%
- Per $10,000 a day
- −$5.35
- 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, 12 min ago | 3.13 bp | 9.1 bp −$9 | 19.9 bp −$199 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 4 min ago | 3.35 bp | 7.3 bp −$7 | 8.3 bp −$83 | doesn't fit | doesn't fit |
NVDA price on every exchange
against the cheapest. Click to use as the short leg.NVDA on 34 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aftermath Perps NVDAUSD | −0.109% | +0.0163% | 1h | $116K | $49K | 10x | as long as short |
| SunX NVDA-USDT | −0.098% | 0.0000% | 8h | $3K | $2.9M | 20x | as long as short |
| Variational Omni NVDA | −0.085% | +0.0171% | 8h | $3.2M | $1.8M | — | as long as short |
| Ondo Perps NVDA-USD.P | −0.076% | +0.0050% | 1h | $1.7M | $746K | 15x | as long as short |
| Extended NVDA_24_5-USD | −0.059% | +0.0048% | 1h | $555K | $217K | 10x | as long as short |
| Hotstuff NVDA-PERP | −0.054% | +0.0104% | 1h | $35K | — | 20x | as long as short |
| ApeX Omni NVDAUSDT | −0.054% | +0.0100% | 1h | $15K | $39K | 50x | as long as short |
| edgeX NVDAUSDC | −0.052% | −0.0713% | 4h | $172K | $975K | 20x | as long as short |
| tradeXYZ xyz:NVDA | −0.045% | +0.0050% | 1h | $150.8M | $34.0M | 20x | as long as short |
| SoDEX NVDA-USD | −0.036% | +0.0050% | 1h | $58K | $14K | 10x | as long as short |
Show all 34 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Deribit NVDA_USDC-PERPETUALshort | −0.036% | 0.0000% | 1h | $64K | $1.0M | 10x | |
| Coinbase International NVDA-PERP-INTX | −0.036% | +0.0168% | 1h | $1.3M | $628K | 10x | as long as short |
| Nado NVDA-PERP | −0.031% | +0.0121% | 1h | $488K | $55K | 20x | as long as short |
| Arcus NVDA-USD | −0.018% | +0.0040% | 1h | $496K | $430K | 20x | as long as short |
| Pacifica NVDA | −0.016% | +0.0100% | 1h | $295K | $33K | 10x | as long as short |
| OKX NVDA-USDT-SWAP | −0.013% | +0.0111% | 8h | $15.0M | $14.0M | 50x | as long as short |
| Orderly PERP_NVDA_USDC | −0.013% | +0.0100% | 8h | $34K | $29K | 20x | as long as short |
| Binance NVDAUSDT | −0.009% | +0.0203% | 8h | $160.9M | $104.5M | 50x | as long as short |
| Gate NVDA_USDT | 0.000% | 0.0000% | 8h | $7.1M | $5.3M | 100x | as long as short |
| Polymarket Perps NVDA-USD | 0.000% | +0.0050% | 1h | $345K | $149K | 10x | as long as short |
| Phoenix NVDAlong | 0.000% | +0.0178% | 1h | $108K | $36K | 20x | |
| Bybit NVDAUSDT | +0.004% | +0.0005% | 8h | $12.8M | $9.7M | 100x | as long as short |
| KuCoin NVDAUSDTM | +0.004% | +0.0257% | 8h | $1.5M | $428K | 20x | as long as short |
| Aevo NVDA-PERP | +0.012% | +0.0128% | 1h | — | — | 10x | as long as short |
| BloFin NVDA-USDT | +0.018% | +0.0323% | 8h | $756K | $123K | 20x | as long as short |
| Lighter NVDA | +0.018% | +0.0240% | 1h | $1.8M | $2.0M | 20x | as long as short |
| QFEX NVDA-USD | +0.022% | +0.0046% | 1h | $1.3M | $5.7M | 10x | as long as short |
| Bitget NVDAUSDT | +0.022% | +0.0279% | 8h | $16.9M | $14.6M | 100x | as long as short |
| Phemex NVDAUSDT | +0.040% | 0.0000% | 4h | $2.2M | $38K | 10x | as long as short |
| Aster NVDAUSDT | +0.045% | +0.0170% | 8h | $545K | $257K | 20x | as long as short |
| Vest NVDA-USD-PERP | +0.045% | +0.0046% | 1h | — | $67K | 25x | as long as short |
| HTX NVDA-USDT | +0.045% | 0.0000% | 8h | $199K | $281K | 30x | as long as short |
| Lighter RH NVDA | +0.058% | +0.0176% | 1h | $4.5M | $4.9M | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.094% | +0.0220% | 1h | $72K | $87K | 30x | as long as short |
Phoenix NVDA
Deribit NVDA_USDC-PERPETUAL
SunX
Variational Omni
Extended
ApeX Omni
tradeXYZ
SoDEX
Coinbase International
Pacifica
OKX
Binance
Gate
Polymarket Perps
Bybit
KuCoin
BloFin
Lighter
Bitget
Phemex
Aster
HTX
Lighter RH
Injective