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

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0014%/8h= +1.6% APRnext payment +$0.14 per $10,000 · paid last 24h +0.016%
Price spread now: BloFin against Aster+0.027%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$7as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$230.226% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.154%+$15 on $10k
Price spread, last 3 days (all we have)−0.170%−$17 · spread now +0.027%, 7d avg +0.002%
Together, before fees−0.016%+ Points / potential airdropAster: Stage 5 · farm board−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BloFin is 0.026% dearer against Aster than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster NVDAUSDT227.120get 0.0000% / 8h2h 26m$473K$550K20x
ShortBloFin NVDA-USDT227.180.0014get 0.0014% / 8h2h 26m$714K$205K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Aster. 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
$3.03
Price spread: +0.027% → +0.002%
$2.58
Slippage, 4 orders
−$2.62
Fee Aster: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$17.01
Costs to cover
0.226%
Break-even
46.3 days
Slippage from Aster: live order book, 60 min ago; BloFin: live order book, 59 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 Aster live order book, 60 min ago0.88 bp4.9 bp −$56.5 bp −$65doesn't fitdoesn't fit
Sell BloFin live order book, 59 min ago0.22 bp6.2 bp −$67.2 bp −$7212.6 bp −$1,263doesn'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
Aster NVDAUSDTlong0.0000%8h227.12long leg$473K$550K20x
Bybit NVDAUSDT0.0000%8h227.15+0.014%$12.7M$15.8M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h227.17+0.023%$14.4M$21.2M50xas long as short
Gate NVDA_USDT0.0000%8h227.15+0.014%$7.2M$9.4M100xas long as short
Variational Omni NVDA0.0000%8h227.13+0.007%$3.4M$2.3Mas long as short
GRVT NVDA_USDT_Perp0.0000%8h227.11−0.003%$21K$468K10xas long as short
SunX NVDA-USDT0.0000%8h226.84−0.122%$2K$4.0M20xas long as short
Deribit NVDA_USDC-PERPETUAL0.0000%1h227.14+0.010%$49K$1.5M10xas long as short
HTX NVDA-USDT0.0000%8h227.20+0.036%$202K$529K30xas long as short
Phemex NVDAUSDT0.0000%4h227.21+0.041%$2.2M$41K10xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance NVDAUSDT+0.0004%8h227.19+0.031%$156.2M$220.6M50xas long as short
Aftermath Perps NVDAUSD+0.0013%1h227.02−0.043%$118K$54K10xas long as short
BloFin NVDA-USDTshort+0.0014%8h227.18+0.027%$714K$205K20x
QFEX NVDA-USD+0.0030%1h227.14+0.010%$1.6M$11.3M10xas long as short
Lighter RH NVDA+0.0032%1h227.33+0.093%$4.8M$7.0M20xas long as short
Extended NVDA_24_5-USD+0.0032%1h227.05−0.030%$522K$407K10xas long as short
Nado NVDA-PERP+0.0043%1h227.10−0.007%$487K$223K20xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.35+0.102%$73K25xas long as short
Hotstuff NVDA-PERP+0.0048%1h227.07−0.021%$35K20xas long as short
tradeXYZ xyz:NVDA+0.0050%1h227.08−0.017%$147.1M$50.3M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h227.15+0.014%$390K$235K10xas long as short
SoDEX NVDA-USD+0.0050%1h227.08−0.017%$58K$20K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h227.00−0.052%$1.6M$2.1M15xas long as short
Bitget NVDAUSDT+0.0065%8h227.17+0.023%$15.5M$18.3M100xas long as short
Phoenix NVDA+0.0070%1h227.08−0.017%$93K$112K20xas long as short
Lighter NVDA+0.0072%1h227.22+0.047%$2.1M$3.3M20xas long as short
Aevo NVDA-PERP+0.0080%1h227.18+0.025%10xas long as short
Pacifica NVDA+0.0100%1h227.09−0.013%$298K$60K10xas long as short
KuCoin NVDAUSDTM+0.0100%8h227.15+0.014%$1.6M$752K20xas long as short
ApeX Omni NVDAUSDT+0.0100%1h227.00−0.052%$16K$43K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h227.15+0.014%$36K$22K20xas long as short
Coinbase International NVDA-PERP-INTX+0.0112%1h227.01−0.047%$1.3M$911K10xas long as short
Injective NVDA/USDC PERP+0.0220%1h227.48+0.159%$73K$13630xas long as short
Arcus NVDA-USD+0.0419%1h227.17+0.023%$395K$683K20xas long as short
edgeX NVDAUSDC+0.0909%4h227.15+0.013%$170K$1.9M20xas long as short