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

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0024%/8h= −2.7% APRnext payment $0.03 per $10,000 · paid last 24h −0.048%
Price spread now: Hotstuff against Arcus−0.066%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Hotstuff is 0.066% cheaper against Arcus than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus NVDA-USD227.710.0040pay 0.0005% / 1h40m 21s$406K$711K20x
ShortHotstuff NVDA-PERP227.560.0016get 0.0002% / 1h40m 21s$35K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against Arcus. 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
−$5.1
Price spread: −0.066% → 0.000%
−$6.59
Slippage, 4 orders
no order book: not counted
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$21.19
Costs to cover
0.095%
Break-even
never at this rate
Slippage unknown: Arcus: live order book, 23 min ago; Hotstuff: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Arcus live order book, 23 min ago1.10 bp10.0 bp −$1012.5 bp −$125doesn't fitdoesn't fit
Sell Hotstuff no order-book sample
Hotstuff: 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 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
Bybit NVDAUSDT0.0000%8h227.70−0.004%$12.7M$14.8M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h227.72+0.004%$14.4M$20.2M50xas long as short
Gate NVDA_USDT0.0000%8h227.66−0.022%$7.2M$9.6M100xas long as short
Bitget NVDAUSDT0.0000%8h227.78+0.031%$15.5M$16.4M100xas long as short
GRVT NVDA_USDT_Perp0.0000%8h227.71+0.001%$20K$384K10xas long as short
SunX NVDA-USDT0.0000%8h227.27−0.193%$2K$3.7M20xas long as short
HTX NVDA-USDT0.0000%8h227.76+0.022%$198K$479K30xas long as short
Phemex NVDAUSDT0.0000%4h227.75+0.018%$2.2M$43K10xas long as short
Aster NVDAUSDT+0.0003%8h227.74+0.012%$484K$590K20xas long as short
Aftermath Perps NVDAUSD+0.0011%1h227.53−0.081%$118K$54K10xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff NVDA-PERPshort+0.0016%1h227.56−0.066%$35K20x
Variational Omni NVDA+0.0027%8h227.69−0.009%$3.5M$2.0Mas long as short
Arcus NVDA-USDlong+0.0040%1h227.71long leg$406K$711K20x
QFEX NVDA-USD+0.0044%1h227.69−0.009%$1.4M$9.7M10xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.80+0.040%$74K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h227.57−0.061%$148.1M$44.2M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h227.65−0.026%$402K$277K10xas long as short
SoDEX NVDA-USD+0.0050%1h227.57−0.061%$58K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h227.48−0.101%$1.6M$2.0M15xas long as short
Coinbase International NVDA-PERP-INTX+0.0072%1h227.46−0.110%$1.3M$776K10xas long as short
Binance NVDAUSDT+0.0087%8h227.74+0.012%$156.3M$215.1M50xas long as short
Pacifica NVDA+0.0100%1h227.55−0.070%$299K$60K10xas long as short
ApeX Omni NVDAUSDT+0.0100%1h227.54−0.075%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h227.68−0.013%$36K$22K20xas long as short
Aevo NVDA-PERP+0.0104%1h227.69−0.007%10xas long as short
Phoenix NVDA+0.0105%1h227.61−0.044%$94K$112K20xas long as short
Nado NVDA-PERP+0.0112%1h227.58−0.055%$484K$228K20xas long as short
KuCoin NVDAUSDTM+0.0128%8h227.74+0.013%$1.6M$724K20xas long as short
Lighter NVDA+0.0160%1h227.71+0.001%$2.2M$3.2M20xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0190%1h227.63−0.035%$49K$1.6M10xas long as short
Lighter RH NVDA+0.0200%1h227.83+0.053%$5.1M$7.0M20xas long as short
BloFin NVDA-USDT+0.0207%8h227.72+0.004%$723K$202K20xas long as short
Injective NVDA/USDC PERP+0.0220%1h227.96+0.110%$73K$13630xas long as short
Extended NVDA_24_5-USD+0.0272%1h227.50−0.090%$689K$714K10xas long as short
edgeX NVDAUSDC+0.0445%4h227.67−0.019%$170K$1.9M20xas long as short