Settings8H · net · $10k
My profile
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG182.78+0.0050pay 0.0006% / 1h0m 41s$429K$600K10xLong Backpack
SHORT182.73+0.0301get 0.0038% / 1h0m 41s$3.0M$24.8M20xShort Arcus5% off
Price gap−0.027%
Funding gap+0.0251% /8h

Both sides work: funding pays +$8 a day on $10k, and the gap is 0.100% above its 7d average: +$10 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$54+0.0251% /8h now · paid −0.538% over the last 7D
Price+$10spread −0.027% now, avg −0.127% → +0.100% if it goes back
Costs−$170.172% of $10k · taker + slippage, in and out
Result−$61−0.61%+ Points / potential airdropArcus: points · farm board

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.027%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

NVDA on 47 exchanges

lowest funding first

Before you open

4 ok · 2 to watch
  • OK: Fits both order books5.8 / 2.5 bp
    Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
  • Note: Margin at max leverage$1,000 + $500
    Backpack 10x, Arcus 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval1h / 1h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: +$7.52Long Backpack: 24 payments, −$1.50; short Arcus: 24 payments, +$9.02.
  • OK: Entry gap works for you−0.027% vs −0.127%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Long leg is thinner$429K vs $3.0M OI
    Backpack sets your exit cost. Check its book before closing.
  • OK: Points on a legArcus points
    Volume here counts toward the points program.
  • Watch: KYCBackpack Yes · Arcus No
    KYC (ID, face scan, residency and source of income) before any trading.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0256%/8h × 21 periods−$53.78
Price spread−0.027% → −0.127% (7d avg)+$9.99
Slippage, 4 orderslive order books−$2.71
Fee Backpack bp × 2 orders−$10.00
Fee Arcus bp × 2 orders−$4.50
Net · 7 days · $10k−$61.00
Costs to cover0.172%Break-evennever at this rate
Slippage: Backpack: live order book, 11 min ago; Arcus: live order book, 1 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBackpack0.825.8 bp−$617.0 bp−$170doesn’t fitdoesn’t fit
SELL · SHORTArcus0.272.5 bp−$33.9 bp−$398.3 bp−$834doesn’t fit

Closing costs about the same again.

Alert

NVDA news

posts that mention NVDA or Nvidia, from every exchange
11-05 16:31Markets by KinetiqOtherJUST IN: U.S. stocks have reportedly wiped out $2.3 TRILLION in market value in the first hour of trading, with major tech stocks plunging over 10%. The S&P 500 falls 2.7%, erasing all gains since the midterm election results. The Nasdaq 100 plunges 5.5%, on track for its worst daily decline since April 2025 and now just 5% away from bear market territory. Tech stocks today: $NVDA: -8% $SNDK: -17% $AMD: -15% $MU: -15% $TSLA: -10% $INTC: -7% $SPCX: -10% @Markets_xyz on X ↗
11-05 15:49EntropyOtherAnthropic fell ~5% on Entropy from $1,850 to $1,750, an implied $1.75T, as US chip stocks sold off at the open, with AMD down 15% and Nvidia nearly 8%. @entropyIO on X ↗
11-05 12:39KalshiListingnew market KXNVDAPERP ($NVDA) seen by our collector
11-04 22:01KalshiOtherJUST IN: Apple is now worth more than Nvidia @Kalshi on X ↗
11-04 19:30Vest MarketsOtherBig tech is carrying $NQ today. $MSFT, $AMZN and $AAPL are up 6.3% to 7.3%, together they are about 28% of the Nasdaq 100. Chips are pulling the other way. $NVDA, the biggest weight at about 12.5%, is down 1.3%, and the chip ETF SMH is down 2.5%. That leaves $NQ up about 1.2%. When five names make up nearly half the index, a split like this is the whole story. @VestExchange on X ↗
11-04 19:06Ondo PerpsOtherEligible perps markets for the Liquidity Pool: ▸ Stocks: NVDA, TSLA, META, AMD, INTC, MU, SNDK, COIN, MSTR, CRCL, SPCX ▸ Indices: US 500, US 100 ▸ ETFs: DRAM, SOXL ▸ Commodities: Gold, Silver, WTI ▸ Crypto: BTC, ETH Rewards are paid in USDC directly to your trading account within 48 hours of each week’s close. Trade Now → @OndoPerps on X ↗