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

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.2% APRnext payment +$1.20 per $10,000 · paid last 24h +0.020%
Price spread now: BloFin against Binance+0.011%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$230.229% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.119%+$12 on $10k
Price spread, last 4 days (all we have)−0.198%−$20 · spread now +0.011%, 7d avg +0.008%
Together, before fees−0.079%−$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.008%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance NVDAUSDT227.520.0106pay 0.0106% / 8h3h 52m$156.0M$215.9M50x
ShortBloFin NVDA-USDT227.540.0227get 0.0227% / 8h3h 52m$720K$201K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$25.29
Price spread: +0.011% → +0.008%
$0.25
Slippage, 4 orders
−$0.88
Fee Binance: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
$2.66
Costs to cover
0.229%
Break-even
6.3 days
Slippage from Binance: live order book, 6 min ago; BloFin: live order book, 44 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, 6 min ago0.22 bp5.2 bp −$56.5 bp −$6517.5 bp −$1,755doesn't fit
Sell BloFin live order book, 44 min ago0.22 bp6.2 bp −$67.4 bp −$7412.0 bp −$1,205doesn'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
Bybit NVDAUSDT0.0000%8h227.53+0.006%$12.7M$14.8M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h227.49−0.011%$14.4M$20.5M50xas long as short
Hotstuff NVDA-PERP0.0000%1h227.37−0.064%$35K20xas long as short
Gate NVDA_USDT0.0000%8h227.46−0.024%$7.2M$9.6M100xas long as short
Bitget NVDAUSDT0.0000%8h227.52+0.002%$15.4M$16.3M100xas long as short
GRVT NVDA_USDT_Perp0.0000%8h227.64+0.056%$20K$390K10xas long as short
SunX NVDA-USDT0.0000%8h227.14−0.165%$2K$3.7M20xas long as short
HTX NVDA-USDT0.0000%8h227.71+0.086%$198K$466K30xas long as short
Phemex NVDAUSDT0.0000%4h227.63+0.050%$2.2M$43K10xas long as short
Aftermath Perps NVDAUSD+0.0013%1h227.40−0.049%$118K$53K10xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit NVDA_USDC-PERPETUAL+0.0014%1h227.44−0.033%$49K$1.7M10xas long as short
Aster NVDAUSDT+0.0021%8h227.53+0.005%$483K$590K20xas long as short
Arcus NVDA-USD+0.0040%1h227.46−0.024%$399K$741K20xas long as short
QFEX NVDA-USD+0.0041%1h227.49−0.011%$1.3M$9.2M10xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.63+0.050%$74K25xas long as short
Lighter NVDA+0.0048%1h227.49−0.012%$2.2M$3.3M20xas long as short
Nado NVDA-PERP+0.0049%1h227.40−0.050%$484K$228K20xas long as short
tradeXYZ xyz:NVDA+0.0050%1h227.36−0.068%$147.8M$43.4M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h227.50−0.007%$401K$276K10xas long as short
SoDEX NVDA-USD+0.0050%1h227.37−0.064%$58K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h227.30−0.095%$1.6M$2.0M15xas long as short
Variational Omni NVDA+0.0058%8h227.54+0.009%$3.6M$2.2Mas long as short
Pacifica NVDA+0.0100%1h227.40−0.052%$298K$51K10xas long as short
ApeX Omni NVDAUSDT+0.0100%1h227.42−0.042%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h227.45−0.029%$36K$21K20xas long as short
Aevo NVDA-PERP+0.0104%1h227.52+0.001%10xas long as short
Binance NVDAUSDTlong+0.0106%8h227.52long leg$156.0M$215.9M50x
KuCoin NVDAUSDTM+0.0113%8h227.51−0.002%$1.6M$724K20xas long as short
Lighter RH NVDA+0.0128%1h227.63+0.050%$5.1M$7.1M20xas long as short
Coinbase International NVDA-PERP-INTX+0.0128%1h227.53+0.006%$1.3M$775K10xas long as short
Phoenix NVDA+0.0141%1h227.46−0.024%$94K$112K20xas long as short
Injective NVDA/USDC PERP+0.0220%1h227.92+0.178%$73K$13530xas long as short
BloFin NVDA-USDTshort+0.0227%8h227.54+0.011%$720K$201K20x
Extended NVDA_24_5-USD+0.0240%1h227.40−0.053%$675K$777K10xas long as short
edgeX NVDAUSDC+0.0658%4h227.50−0.009%$171K$1.9M20xas long as short