NVDA token vs the real share

NVDAx on Solana against the ordinary share, sampled every 15 minutes

NVDA token vs the real share

NVDAx on Solana against the ordinary NVDA share, sampled every 15 minutes.
Latest basis
+0.07%
token trades above the share · 2026-10-20 08:24 UTC
token$216.372vsshare$216.23
Pool depth $3.2M

Basis history

1d · 1h buckets · 91 samples
negative = token cheaper than the share
+0.37%0-0.48%
19 Oct20 Oct
-0.04%Average
-1.59%Widest discount
+1.21%Widest premium
91Distinct token prices

Why this matters for a delta-neutral position

The gap is the entry cost

The perps on NVDA price off the ordinary share — marks sit within about 0.10–0.15% of it — while the long leg of the carry is bought as a token on Solana. So this gap is not a curiosity: it is the entry cost of the position, charged in full on the way in. Buying at a discount is a rebate if the gap closes before you exit and a loss if it widens, which is precisely the question this series was started to settle.

Distinct token prices is the sanity check

If the count is 1, nothing traded and the number above is a leftover quote. Samples land every 15 minutes and are kept 90 days. Readings beyond ±20% are never recorded — past that it is a broken pool quote, not a basis.