Nvidia token arbitrage margins vanish after slippage costs

Community Trust Score Likely Real 79 % Real Likely Real 29 votes Updated 10 minutes ago A November 3, 2026, execution study from Coin Metrics shows that modeled arbitrage in Nvidia stock tokens leaves only 1 basis point of margin before fees in one scenario and negative 15 basis points in another. Analyzing $1,000 notional trades across issuers and exchanges, the study found that slippage significantly erodes gross price spreads. The analysis used data from June 2026 through November 2, 2026. In the first scenario, buying Hyperliquid NVDAx and selling Binance NVDAb showed a gross spread of 10 basis points.

Source: The Currency Analytics