Spread before costs (cost unknown: a leg has no order-book sample)+0.054%
7d average—if it closes, per $10,000$5funding while held, a day+$1.62
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX NVDA-USD | 227.17 | 0.0050 | pay 0.0006% / 1h | 26m 59s | $58K | $18K | 10x |
| Short | Lighter NVDA | 227.29 | 0.0104 | get 0.0013% / 1h | 26m 59s | $2.1M | $2.8M | 20x |
SoDEX NVDA-USD
Lighter 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
- $5.41
- Funding while held
- $1.62
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$0.97
- Spread needed to break even
- 0.080%
Slippage unknown: SoDEX: no order-book sample; Lighter: live order book, 7 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0054%
- Per $10,000 a day
- +$1.62
- 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 7 min ago | 0.40 bp | 0.5 bp $0 | 1.5 bp −$15 | 12.7 bp −$1,270 | doesn't fit |
SoDEX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
NVDA price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni226.93cheapestSunX227.02+0.041%Injective227.04+0.050%Extended227.07+0.063%Aftermath Perps227.13+0.088%Nado227.13+0.089%
Variational Omni
SunX
Injective
Extended
NadoSoDEX227.17+0.107%
tradeXYZ227.18+0.111%Gate227.19+0.116%ApeX Omni227.20+0.120%Coinbase International227.21+0.124%Ondo Perps227.22+0.129%Bybit227.25+0.142%OKX227.25+0.142%Arcus227.25+0.142%Polymarket Perps227.25+0.142%Aevo227.28+0.155%Orderly227.28+0.155%Binance227.29+0.160%
tradeXYZ
Gate
ApeX Omni
Coinbase International
Ondo Perps
Bybit
OKX
Arcus
Polymarket Perps
Aevo
Orderly
BinanceLighter227.29+0.161%
KuCoin227.30+0.164%Deribit227.30+0.164%Bitget227.31+0.169%Aster227.33+0.177%edgeX227.35+0.184%BloFin227.36+0.191%Pacifica227.37+0.195%Hotstuff227.38+0.199%Lighter RH227.40+0.208%QFEX227.40+0.208%HTX227.40+0.208%Phoenix227.41+0.213%Vest227.43+0.221%Phemex227.43+0.221%
KuCoin
Deribit
Bitget
Aster
BloFin
Pacifica
Hotstuff
Lighter RH
QFEX
HTX
Phoenix
Vest
PhemexNVDA on 34 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni NVDA | −0.107% | 0.0000% | 8h | $3.2M | $2.2M | — | as long as short |
| SunX NVDA-USDT | −0.066% | 0.0000% | 8h | $2K | $3.8M | 20x | as long as short |
| Injective NVDA/USDC PERP | −0.057% | +0.0220% | 1h | $73K | $53K | 30x | as long as short |
| Extended NVDA_24_5-USD | −0.044% | +0.0032% | 1h | $539K | $259K | 10x | as long as short |
| Aftermath Perps NVDAUSD | −0.019% | +0.0106% | 1h | $118K | $52K | 10x | as long as short |
| Nado NVDA-PERP | −0.017% | +0.0090% | 1h | $474K | $210K | 20x | as long as short |
| SoDEX NVDA-USDlong | 0.000% | +0.0050% | 1h | $58K | $18K | 10x | |
| tradeXYZ xyz:NVDA | +0.004% | +0.0050% | 1h | $147.5M | $44.6M | 20x | as long as short |
| Gate NVDA_USDT | +0.009% | 0.0000% | 8h | $7.3M | $8.1M | 100x | as long as short |
| ApeX Omni NVDAUSDT | +0.013% | +0.0100% | 1h | $16K | $43K | 50x | as long as short |
Show all 34 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International NVDA-PERP-INTX | +0.018% | +0.0072% | 1h | $1.3M | $766K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.022% | +0.0050% | 1h | $1.4M | $1.7M | 15x | as long as short |
| Bybit NVDAUSDT | +0.035% | 0.0000% | 8h | $12.8M | $12.8M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | +0.035% | 0.0000% | 8h | $14.6M | $19.1M | 50x | as long as short |
| Arcus NVDA-USD | +0.035% | +0.0040% | 1h | $373K | $590K | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.035% | +0.0050% | 1h | $389K | $249K | 10x | as long as short |
| Aevo NVDA-PERP | +0.048% | +0.0088% | 1h | — | — | 10x | as long as short |
| Orderly PERP_NVDA_USDC | +0.048% | +0.0100% | 8h | $36K | $22K | 20x | as long as short |
| Binance NVDAUSDT | +0.053% | +0.0025% | 8h | $159.2M | $175.3M | 50x | as long as short |
| Lighter NVDAshort | +0.054% | +0.0104% | 1h | $2.1M | $2.8M | 20x | |
| KuCoin NVDAUSDTM | +0.057% | +0.0100% | 8h | $1.6M | $587K | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.057% | +0.0631% | 1h | $48K | $1.3M | 10x | as long as short |
| Bitget NVDAUSDT | +0.062% | +0.0148% | 8h | $15.8M | $16.9M | 100x | as long as short |
| Aster NVDAUSDT | +0.070% | +0.0019% | 8h | $541K | $288K | 20x | as long as short |
| edgeX NVDAUSDC | +0.077% | +0.0180% | 4h | $171K | $1.5M | 20x | as long as short |
| BloFin NVDA-USDT | +0.084% | +0.0100% | 8h | $746K | $171K | 20x | as long as short |
| Pacifica NVDA | +0.088% | +0.0100% | 1h | $300K | $44K | 10x | as long as short |
| Hotstuff NVDA-PERP | +0.092% | −0.0128% | 1h | $35K | — | 20x | as long as short |
| Lighter RH NVDA | +0.101% | +0.0080% | 1h | $4.7M | $6.0M | 20x | as long as short |
| QFEX NVDA-USD | +0.101% | +0.0023% | 1h | $1.3M | $9.0M | 10x | as long as short |
| HTX NVDA-USDT | +0.101% | 0.0000% | 8h | $200K | $350K | 30x | as long as short |
| Phoenix NVDA | +0.106% | +0.0106% | 1h | $94K | $96K | 20x | as long as short |
| Vest NVDA-USD-PERP | +0.114% | +0.0046% | 1h | — | $73K | 25x | as long as short |
| Phemex NVDAUSDT | +0.114% | 0.0000% | 4h | $2.2M | $41K | 10x | as long as short |