Spread before costs (cost unknown: a leg has no order-book sample)−0.081%
7d average—if it closes, per $10,000$8funding while held, a day−$3.57
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni NVDA | 223.89 | 0.0169 | pay 0.0169% / 8h | 1h 27m | $3.2M | $1.8M | — |
| Short | SoDEX NVDA-USD | 223.71 | 0.0050 | get 0.0006% / 1h | 27m 33s | $58K | $14K | 10x |
Variational Omni NVDA
SoDEX NVDA-USDPrice 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
- −$8.15
- Funding while held
- −$3.57
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$19.72
- Spread needed to break even
- 0.080%
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; SoDEX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0119%
- Per $10,000 a day
- −$3.57
- 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 Variational Omni RFQ quote, 3 min ago | 2.79 bp | doesn't fit | 6.5 bp −$65 | doesn't fit | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
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.SunX223.60cheapestAftermath Perps223.64+0.019%Ondo Perps223.66+0.027%ApeX Omni223.68+0.036%Orderly223.71+0.049%
SunX
Ondo Perps
ApeX Omni
OrderlySoDEX223.71+0.049%
Deribit223.71+0.049%Phoenix223.72+0.054%Coinbase International223.73+0.058%edgeX223.78+0.078%Aevo223.78+0.082%HTX223.81+0.094%tradeXYZ223.82+0.098%Pacifica223.83+0.103%BloFin223.83+0.103%Hotstuff223.84+0.107%Phemex223.89+0.130%
Deribit
Phoenix
Coinbase International
Aevo
HTX
tradeXYZ
Pacifica
BloFin
Hotstuff
PhemexVariational Omni223.89+0.131%
Extended223.91+0.140%Arcus223.93+0.148%QFEX223.97+0.165%Lighter223.99+0.173%Injective223.99+0.174%Aster223.99+0.175%KuCoin224.00+0.179%Gate224.01+0.183%Nado224.05+0.202%Polymarket Perps224.06+0.206%Vest224.10+0.224%Binance224.11+0.228%Bybit224.14+0.242%OKX224.17+0.255%Lighter RH224.20+0.268%Bitget224.22+0.277%
Extended
Arcus
QFEX
Lighter
Injective
Aster
KuCoin
Gate
Nado
Polymarket Perps
Vest
Binance
Bybit
OKX
Lighter RH
BitgetNVDA on 34 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX NVDA-USDT | −0.131% | 0.0000% | 8h | $2K | $2.9M | 20x | as long as short |
| Aftermath Perps NVDAUSD | −0.112% | +0.0157% | 1h | $116K | $49K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | −0.104% | +0.0050% | 1h | $1.7M | $748K | 15x | as long as short |
| ApeX Omni NVDAUSDT | −0.095% | +0.0100% | 1h | $15K | $39K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | −0.081% | +0.0100% | 8h | $34K | $29K | 20x | as long as short |
| SoDEX NVDA-USDshort | −0.081% | +0.0050% | 1h | $58K | $14K | 10x | |
| Deribit NVDA_USDC-PERPETUAL | −0.081% | 0.0000% | 1h | $64K | $1.0M | 10x | as long as short |
| Phoenix NVDA | −0.077% | +0.0178% | 1h | $108K | $36K | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | −0.073% | +0.0168% | 1h | $1.3M | $628K | 10x | as long as short |
| edgeX NVDAUSDC | −0.052% | −0.0667% | 4h | $173K | $980K | 20x | as long as short |
Show all 34 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aevo NVDA-PERP | −0.048% | +0.0128% | 1h | — | — | 10x | as long as short |
| HTX NVDA-USDT | −0.037% | 0.0000% | 8h | $199K | $280K | 30x | as long as short |
| tradeXYZ xyz:NVDA | −0.032% | +0.0050% | 1h | $150.9M | $34.1M | 20x | as long as short |
| Pacifica NVDA | −0.028% | +0.0100% | 1h | $295K | $41K | 10x | as long as short |
| BloFin NVDA-USDT | −0.028% | +0.0320% | 8h | $756K | $124K | 20x | as long as short |
| Hotstuff NVDA-PERP | −0.023% | −0.0080% | 1h | $35K | — | 20x | as long as short |
| Phemex NVDAUSDT | −0.001% | 0.0000% | 4h | $2.2M | $38K | 10x | as long as short |
| Variational Omni NVDAlong | 0.000% | +0.0169% | 8h | $3.2M | $1.8M | — | |
| Extended NVDA_24_5-USD | +0.009% | +0.0048% | 1h | $551K | $222K | 10x | as long as short |
| Arcus NVDA-USD | +0.017% | +0.0040% | 1h | $499K | $432K | 20x | as long as short |
| QFEX NVDA-USD | +0.035% | +0.0046% | 1h | $1.3M | $5.8M | 10x | as long as short |
| Lighter NVDA | +0.042% | +0.0232% | 1h | $1.8M | $2.0M | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.044% | +0.0220% | 1h | $72K | $87K | 30x | as long as short |
| Aster NVDAUSDT | +0.044% | +0.0166% | 8h | $545K | $257K | 20x | as long as short |
| KuCoin NVDAUSDTM | +0.048% | +0.0251% | 8h | $1.6M | $432K | 20x | as long as short |
| Gate NVDA_USDT | +0.053% | 0.0000% | 8h | $7.1M | $5.4M | 100x | as long as short |
| Nado NVDA-PERP | +0.071% | +0.0113% | 1h | $490K | $55K | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.075% | +0.0050% | 1h | $346K | $149K | 10x | as long as short |
| Vest NVDA-USD-PERP | +0.093% | +0.0046% | 1h | — | $68K | 25x | as long as short |
| Binance NVDAUSDT | +0.097% | +0.0197% | 8h | $161.2M | $105.2M | 50x | as long as short |
| Bybit NVDAUSDT | +0.111% | 0.0000% | 8h | $12.8M | $9.8M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | +0.124% | +0.0108% | 8h | $15.0M | $14.1M | 50x | as long as short |
| Lighter RH NVDA | +0.137% | +0.0168% | 1h | $4.5M | $5.0M | 20x | as long as short |
| Bitget NVDAUSDT | +0.146% | +0.0278% | 8h | $16.9M | $14.5M | 100x | as long as short |