Settings8H · net · $10k
Funding arb · Price arb /

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0057%/8h= +6.2% APRnext payment +$0.07 per $10,000 · paid last 24h −0.002%
Price spread now: QFEX against Aftermath Perps+0.072%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$410.411% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.116%+$12 on $10k
Price spread, last 4 days (all we have)−0.103%−$10 · spread now +0.072%, 7d avg +0.044%
Together, before fees+0.013%+$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and QFEX is 0.027% dearer against Aftermath Perps than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.044%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps NVDAUSD226.190.0015pay 0.0002% / 1h54m 46s$117K$51K10x
ShortQFEX NVDA-USD226.350.0072get 0.0009% / 1h54m 46s$1.3M$9.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX against Aftermath Perps. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$11.93
Price spread: +0.072% → +0.044%
$2.74
Slippage, 4 orders
−$22.09
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$26.42
Costs to cover
0.411%
Break-even
22.5 days
Slippage from Aftermath Perps: live order book, 44 min ago; QFEX: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aftermath Perps live order book, 44 min ago1.94 bp20.3 bp −$2030.6 bp −$306doesn't fitdoesn't fit
Sell QFEX live order book, 4 min ago0.22 bp9.2 bp −$99.2 bp −$9214.0 bp −$1,402doesn't fit

NVDA on 35 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff NVDA-PERP−0.0040%1h226.22+0.014%$35K20xas long as short
Bybit NVDAUSDT0.0000%8h226.16−0.012%$12.5M$14.4M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h226.17−0.008%$14.1M$20.3M50xas long as short
Gate NVDA_USDT0.0000%8h226.18−0.004%$7.2M$9.8M100xas long as short
Bitget NVDAUSDT0.0000%8h226.30+0.050%$15.8M$16.4M100xas long as short
SunX NVDA-USDT0.0000%8h225.93−0.114%$3K$3.6M20xas long as short
Deribit NVDA_USDC-PERPETUAL0.0000%1h226.17−0.008%$53K$1.9M10xas long as short
HTX NVDA-USDT0.0000%8h226.54+0.156%$198K$437K30xas long as short
Phemex NVDAUSDT0.0000%4h226.48+0.129%$2.2M$41K10xas long as short
Aftermath Perps NVDAUSDlong+0.0015%1h226.19long leg$117K$51K10x
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus NVDA-USD+0.0040%1h226.28+0.041%$392K$737K20xas long as short
Vest NVDA-USD-PERP+0.0046%1h226.46+0.120%$74K25xas long as short
Lighter NVDA+0.0048%1h226.13−0.024%$2.1M$3.2M20xas long as short
tradeXYZ xyz:NVDA+0.0050%1h226.09−0.043%$146.8M$43.1M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h226.16−0.012%$391K$247K10xas long as short
SoDEX NVDA-USD+0.0050%1h226.17−0.008%$59K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h226.09−0.043%$1.6M$1.9M15xas long as short
QFEX NVDA-USDshort+0.0072%1h226.35+0.072%$1.3M$9.1M10x
Lighter RH NVDA+0.0080%1h226.32+0.058%$5.1M$6.8M20xas long as short
Aster NVDAUSDT+0.0081%8h226.24+0.024%$481K$530K20xas long as short
Nado NVDA-PERP+0.0099%1h226.23+0.019%$481K$223K20xas long as short
Pacifica NVDA+0.0100%1h226.08−0.048%$297K$48K10xas long as short
ApeX Omni NVDAUSDT+0.0100%1h226.14−0.021%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h226.23+0.019%$36K$20K20xas long as short
Variational Omni NVDA+0.0105%8h226.43+0.106%$3.5M$2.3Mas long as short
KuCoin NVDAUSDTM+0.0115%8h226.31+0.054%$1.6M$869K20xas long as short
Aevo NVDA-PERP+0.0120%1h226.24+0.024%10xas long as short
Coinbase International NVDA-PERP-INTX+0.0136%1h226.29+0.045%$1.3M$697K10xas long as short
Binance NVDAUSDT+0.0166%8h226.19+0.001%$155.2M$220.0M50xas long as short
Phoenix NVDA+0.0177%1h226.34+0.067%$93K$83K20xas long as short
edgeX NVDAUSDC+0.0214%4h226.36+0.074%$171K$1.9M20xas long as short
Injective NVDA/USDC PERP+0.0220%1h226.72+0.235%$73K$13530xas long as short
Extended NVDA_24_5-USD+0.0224%1h226.12−0.031%$644K$879K10xas long as short
BloFin NVDA-USDT+0.0285%8h226.28+0.041%$715K$196K20xas long as short
GRVT NVDA_USDT_Perp+0.0393%8h226.35+0.072%$22K$424K10xas long as short