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

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0060%/8h= +6.5% APRnext payment +$0.07 per $10,000 · paid last 24h +0.003%
Price spread now: Pacifica against Arcus+0.010%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$340.336% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.013%−$1 on $10k
Price spread, last 4 days (all we have)+0.066%+$7 · spread now +0.010%, 7d avg +0.042%
Together, before fees+0.053%+ Points / potential airdropPacifica: Active · farm board+$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. Pacifica is 0.031% cheaper against Arcus than usual: you would sell low and buy high (spread +0.010% now, against its 7-day average of +0.042%). If the spread goes back, that is −$3 on $10k: about 42 hours of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus NVDA-USD227.660.0040pay 0.0005% / 1h27m 31s$400K$723K20x
ShortPacifica NVDA227.680.0100get 0.0013% / 1h27m 31s$299K$60K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$12.54
Price spread: +0.010% → +0.042%
−$3.14
Slippage, 4 orders
−$21.1
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$24.2
Costs to cover
0.336%
Break-even
20.5 days
Slippage from Arcus: live order book, 41 min ago; Pacifica: live order book, 41 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 Arcus live order book, 41 min ago1.32 bp10.5 bp −$1116.0 bp −$160doesn't fitdoesn't fit
Sell Pacifica live order book, 41 min ago1.98 bp8.1 bp −$8doesn't fitdoesn't fitdoesn't fit

NVDA on 34 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
Aster NVDAUSDT0.0000%8h227.81+0.064%$484K$581K20xas long as short
Bybit NVDAUSDT0.0000%8h227.82+0.070%$12.7M$15.1M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h227.82+0.070%$14.4M$20.3M50xas long as short
Gate NVDA_USDT0.0000%8h227.76+0.044%$7.2M$9.6M100xas long as short
Bitget NVDAUSDT0.0000%8h227.85+0.083%$15.4M$16.3M100xas long as short
SunX NVDA-USDT0.0000%8h227.30−0.158%$2K$3.8M20xas long as short
HTX NVDA-USDT0.0000%8h227.88+0.097%$198K$497K30xas long as short
Phemex NVDAUSDT0.0000%4h227.89+0.101%$2.2M$43K10xas long as short
Aftermath Perps NVDAUSD+0.0011%1h227.61−0.022%$118K$54K10xas long as short
Variational Omni NVDA+0.0017%8h227.76+0.044%$3.5M$1.9Mas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT NVDA_USDT_Perp+0.0021%8h227.79+0.059%$20K$385K10xas long as short
Arcus NVDA-USDlong+0.0040%1h227.66long leg$400K$723K20x
QFEX NVDA-USD+0.0045%1h227.82+0.070%$1.5M$10.1M10xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.93+0.119%$74K25xas long as short
Hotstuff NVDA-PERP+0.0048%1h227.68+0.009%$35K20xas long as short
tradeXYZ xyz:NVDA+0.0050%1h227.69+0.013%$148.1M$44.7M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h227.76+0.044%$402K$280K10xas long as short
SoDEX NVDA-USD+0.0050%1h227.67+0.004%$58K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h227.56−0.044%$1.5M$2.0M15xas long as short
Coinbase International NVDA-PERP-INTX+0.0072%1h227.46−0.088%$1.3M$787K10xas long as short
Nado NVDA-PERP+0.0077%1h227.69+0.013%$484K$230K20xas long as short
Extended NVDA_24_5-USD+0.0080%1h227.66+0.002%$689K$714K10xas long as short
Binance NVDAUSDT+0.0081%8h227.84+0.079%$156.3M$216.1M50xas long as short
Pacifica NVDAshort+0.0100%1h227.68+0.010%$299K$60K10x
ApeX Omni NVDAUSDT+0.0100%1h227.65−0.004%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h227.80+0.061%$36K$22K20xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0101%1h227.72+0.026%$49K$1.5M10xas long as short
Aevo NVDA-PERP+0.0104%1h227.76+0.046%10xas long as short
Phoenix NVDA+0.0105%1h227.74+0.035%$94K$112K20xas long as short
Lighter NVDA+0.0120%1h227.82+0.069%$2.2M$3.2M20xas long as short
KuCoin NVDAUSDTM+0.0128%8h227.84+0.079%$1.6M$737K20xas long as short
Lighter RH NVDA+0.0136%1h227.94+0.123%$5.1M$7.0M20xas long as short
Injective NVDA/USDC PERP+0.0220%1h227.97+0.136%$73K$13730xas long as short
edgeX NVDAUSDC+0.0796%4h227.88+0.098%$170K$1.9M20xas long as short