After costs, if the gap returns to its 7d average, $10k−$63
spread now0.000%7d average+0.030%fees + slippage, in and out−$60spread needed0.599%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix NVDA | 225.06 | 0.0178 | pay 0.0022% / 1h | 27m 30s | $108K | $36K | 20x |
| Short | KuCoin NVDAUSDTM | 225.06 | 0.0185 | get 0.0185% / 8h | 27m 30s | $1.6M | $493K | 20x |
Phoenix NVDA
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
- $0
- Funding while held
- $0.22
- Slippage, 4 orders
- −$40.93
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$59.71
- Spread needed to break even
- 0.599%
Slippage from Phoenix: live order book, 10 min ago; KuCoin: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0007%
- Per $10,000 a day
- +$0.22
- 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, 10 min ago | 2.22 bp | 8.2 bp −$8 | 16.7 bp −$167 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 1.11 bp | 17.6 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
NVDA price on every exchange
against the cheapest. Click to use as the short leg.SunX224.67cheapestOndo Perps224.84+0.076%Pacifica224.92+0.110%Extended224.93+0.113%Nado224.94+0.119%Deribit224.96+0.129%SoDEX224.97+0.134%Variational Omni224.97+0.135%Aftermath Perps224.98+0.138%tradeXYZ225.00+0.147%Aster225.01+0.151%Arcus225.01+0.151%Gate225.02+0.156%Polymarket Perps225.02+0.156%Orderly225.02+0.156%ApeX Omni225.03+0.160%Coinbase International225.04+0.165%edgeX225.04+0.166%QFEX225.06+0.174%Hotstuff225.06+0.174%
SunX
Ondo Perps
Pacifica
Extended
Nado
Deribit
SoDEX
Variational Omni
tradeXYZ
Aster
Arcus
Gate
Polymarket Perps
Orderly
ApeX Omni
Coinbase International
QFEX
HotstuffKuCoin225.06+0.174%
Phoenix225.06+0.174%
OKX225.07+0.178%Aevo225.08+0.181%Bybit225.08+0.182%Vest225.08+0.182%Bitget225.09+0.187%Binance225.10+0.191%Lighter225.10+0.194%Phemex225.11+0.196%HTX225.12+0.200%BloFin225.15+0.214%Lighter RH225.21+0.240%Injective225.24+0.254%
OKX
Aevo
Bybit
Vest
Bitget
Binance
Lighter
Phemex
HTX
BloFin
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 | −0.173% | 0.0000% | 8h | $2K | $3.4M | 20x | as long as short |
| Ondo Perps NVDA-USD.P | −0.098% | +0.0050% | 1h | $1.4M | $1.3M | 15x | as long as short |
| Pacifica NVDA | −0.063% | +0.0100% | 1h | $296K | $43K | 10x | as long as short |
| Extended NVDA_24_5-USD | −0.060% | +0.0032% | 1h | $559K | $228K | 10x | as long as short |
| Nado NVDA-PERP | −0.054% | +0.0116% | 1h | $486K | $60K | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | −0.044% | +0.0017% | 1h | $53K | $1.1M | 10x | as long as short |
| SoDEX NVDA-USD | −0.040% | +0.0050% | 1h | $58K | $16K | 10x | as long as short |
| Variational Omni NVDA | −0.038% | +0.0098% | 8h | $3.1M | $2.0M | — | as long as short |
| Aftermath Perps NVDAUSD | −0.035% | +0.0155% | 1h | $116K | $51K | 10x | as long as short |
| tradeXYZ xyz:NVDA | −0.027% | +0.0050% | 1h | $150.5M | $36.3M | 20x | as long as short |
Show all 34 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster NVDAUSDT | −0.022% | +0.0129% | 8h | $539K | $264K | 20x | as long as short |
| Arcus NVDA-USD | −0.022% | +0.0040% | 1h | $389K | $558K | 20x | as long as short |
| Gate NVDA_USDT | −0.018% | 0.0000% | 8h | $7.2M | $5.9M | 100x | as long as short |
| Polymarket Perps NVDA-USD | −0.018% | +0.0050% | 1h | $351K | $156K | 10x | as long as short |
| Orderly PERP_NVDA_USDC | −0.018% | +0.0100% | 8h | $34K | $21K | 20x | as long as short |
| ApeX Omni NVDAUSDT | −0.013% | +0.0100% | 1h | $16K | $42K | 50x | as long as short |
| Coinbase International NVDA-PERP-INTX | −0.009% | +0.0128% | 1h | $1.3M | $659K | 10x | as long as short |
| edgeX NVDAUSDC | −0.008% | −0.0775% | 4h | $177K | $1.1M | 20x | as long as short |
| QFEX NVDA-USD | 0.000% | +0.0032% | 1h | $1.3M | $6.9M | 10x | as long as short |
| Hotstuff NVDA-PERP | 0.000% | −0.1600% | 1h | $35K | — | 20x | as long as short |
| KuCoin NVDAUSDTMshort | 0.000% | +0.0185% | 8h | $1.6M | $493K | 20x | |
| Phoenix NVDAlong | 0.000% | +0.0178% | 1h | $108K | $36K | 20x | |
| OKX NVDA-USDT-SWAP | +0.004% | +0.0043% | 8h | $15.0M | $15.6M | 50x | as long as short |
| Aevo NVDA-PERP | +0.007% | +0.0120% | 1h | — | — | 10x | as long as short |
| Bybit NVDAUSDT | +0.009% | 0.0000% | 8h | $12.9M | $10.9M | 100x | as long as short |
| Vest NVDA-USD-PERP | +0.009% | +0.0046% | 1h | — | $68K | 25x | as long as short |
| Bitget NVDAUSDT | +0.013% | +0.0253% | 8h | $16.6M | $14.9M | 100x | as long as short |
| Binance NVDAUSDT | +0.017% | +0.0143% | 8h | $161.2M | $126.3M | 50x | as long as short |
| Lighter NVDA | +0.020% | +0.0152% | 1h | $1.8M | $2.1M | 20x | as long as short |
| Phemex NVDAUSDT | +0.022% | 0.0000% | 4h | $2.2M | $38K | 10x | as long as short |
| HTX NVDA-USDT | +0.027% | 0.0000% | 8h | $201K | $360K | 30x | as long as short |
| BloFin NVDA-USDT | +0.040% | +0.0265% | 8h | $774K | $146K | 20x | as long as short |
| Lighter RH NVDA | +0.067% | +0.0064% | 1h | $4.3M | $5.2M | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.080% | +0.0220% | 1h | $72K | $53K | 30x | as long as short |