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+0.0019%/8h= +2.1% APRnext payment +$0.19 per $10,000 · paid last 24h −0.006%
Price spread now: Bitget against Binance−0.007%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$250.255% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.004%$0 on $10k
Price spread, last 2 days (all we have)−0.033%−$3 · spread now −0.007%, 7d avg +0.009%
Together, before fees−0.038%−$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.009%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance NVDAUSDT227.300get 0.0000% / 8h1h 42m$156.2M$220.4M50x
ShortBitget NVDAUSDT227.280.0019get 0.0019% / 8h1h 42m$15.6M$18.2M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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
$3.99
Price spread: −0.007% → +0.009%
−$1.61
Slippage, 4 orders
−$3.47
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$23.09
Costs to cover
0.255%
Break-even
47.5 days
Slippage from Binance: live order book, 1 min ago; Bitget: live order book, 1 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 Binance live order book, 1 min ago0.22 bp5.2 bp −$55.9 bp −$5915.2 bp −$1,518doesn't fit
Sell Bitget live order book, 1 min ago0.22 bp7.5 bp −$810.8 bp −$10843.3 bp −$4,330doesn'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 NVDAUSDT0.0000%8h227.23−0.028%$474K$550K20xas long as short
Binance NVDAUSDTlong0.0000%8h227.30long leg$156.2M$220.4M50x
Bybit NVDAUSDT0.0000%8h227.25−0.020%$12.7M$15.6M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h227.25−0.020%$14.4M$21.1M50xas long as short
Gate NVDA_USDT0.0000%8h227.22−0.034%$7.2M$9.5M100xas long as short
Variational Omni NVDA0.0000%8h227.24−0.023%$3.5M$2.3Mas long as short
GRVT NVDA_USDT_Perp0.0000%8h227.27−0.012%$20K$452K10xas long as short
SunX NVDA-USDT0.0000%8h226.85−0.196%$3K$4.0M20xas long as short
Deribit NVDA_USDC-PERPETUAL0.0000%1h227.19−0.047%$49K$1.5M10xas long as short
HTX NVDA-USDT0.0000%8h227.31+0.006%$202K$523K30xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex NVDAUSDT0.0000%4h227.26−0.016%$2.2M$41K10xas long as short
Aftermath Perps NVDAUSD+0.0014%1h227.04−0.112%$118K$55K10xas long as short
Bitget NVDAUSDTshort+0.0019%8h227.28−0.007%$15.6M$18.2M100x
Extended NVDA_24_5-USD+0.0032%1h227.15−0.064%$522K$409K10xas long as short
QFEX NVDA-USD+0.0041%1h227.24−0.025%$1.6M$11.4M10xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.31+0.006%$73K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h227.13−0.073%$147.1M$50.1M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h227.18−0.051%$390K$280K10xas long as short
SoDEX NVDA-USD+0.0050%1h227.11−0.082%$58K$20K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h227.06−0.104%$1.6M$2.1M15xas long as short
Nado NVDA-PERP+0.0057%1h227.18−0.051%$483K$227K20xas long as short
Phoenix NVDA+0.0070%1h227.12−0.078%$93K$112K20xas long as short
Hotstuff NVDA-PERP+0.0072%1h227.13−0.073%$35K20xas long as short
Aevo NVDA-PERP+0.0080%1h227.26−0.017%10xas long as short
Lighter RH NVDA+0.0096%1h227.42+0.054%$4.9M$7.0M20xas long as short
Coinbase International NVDA-PERP-INTX+0.0096%1h227.01−0.126%$1.3M$888K10xas long as short
Pacifica NVDA+0.0100%1h227.15−0.066%$298K$60K10xas long as short
KuCoin NVDAUSDTM+0.0100%8h227.25−0.020%$1.6M$754K20xas long as short
ApeX Omni NVDAUSDT+0.0100%1h227.18−0.051%$16K$43K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h227.24−0.025%$36K$22K20xas long as short
Lighter NVDA+0.0120%1h227.29−0.004%$2.1M$3.2M20xas long as short
BloFin NVDA-USDT+0.0120%8h227.30+0.002%$714K$205K20xas long as short
Injective NVDA/USDC PERP+0.0220%1h227.63+0.147%$73K$13530xas long as short
Arcus NVDA-USD+0.0305%1h227.16−0.060%$388K$709K20xas long as short
edgeX NVDAUSDC+0.0514%4h227.26−0.016%$170K$1.9M20xas long as short