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+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.019%
Price spread now: KuCoin against Bitget−0.053%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$550.551% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.159%+$16 on $10k
Price spread, last 7 days+0.024%+$2 · spread now −0.053%, 7d avg −0.018%
Together, before fees+0.182%+$18 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.035% cheaper against Bitget than usual: you would sell low and buy high (spread −0.053% now, against its 7-day average of −0.018%). If the spread goes back, that is −$4 on $10k: about 28 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget NVDAUSDT226.750get 0.0000% / 8h2h 12m$15.3M$16.4M100x
ShortKuCoin NVDAUSDTM226.630.0100get 0.0100% / 8h2h 12m$1.6M$742K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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
$21
Price spread: −0.053% → −0.018%
−$3.53
Slippage, 4 orders
−$31.11
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$37.64
Costs to cover
0.551%
Break-even
19.5 days
Slippage from Bitget: live order book, 1 min ago; KuCoin: live order book, 3 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 Bitget live order book, 1 min ago0.22 bp6.9 bp −$710.2 bp −$10219.4 bp −$1,940doesn't fit
Sell KuCoin live order book, 3 min ago1.10 bp19.5 bp −$20doesn't fitdoesn't fitdoesn'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
Hotstuff NVDA-PERP−0.0016%1h226.52−0.101%$35K20xas long as short
Aster NVDAUSDT0.0000%8h226.64−0.050%$482K$571K20xas long as short
Bybit NVDAUSDT0.0000%8h226.77+0.009%$12.5M$15.0M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h226.78+0.013%$14.3M$20.5M50xas long as short
Gate NVDA_USDT0.0000%8h226.71−0.018%$7.3M$9.8M100xas long as short
Bitget NVDAUSDTlong0.0000%8h226.75long leg$15.3M$16.4M100x
GRVT NVDA_USDT_Perp0.0000%8h226.59−0.069%$21K$417K10xas long as short
SunX NVDA-USDT0.0000%8h226.44−0.137%$2K$3.7M20xas long as short
HTX NVDA-USDT0.0000%8h226.47−0.123%$198K$458K30xas long as short
Phemex NVDAUSDT0.0000%4h226.74−0.004%$2.2M$42K10xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni NVDA+0.0006%8h226.54−0.094%$3.6M$2.1Mas long as short
Aftermath Perps NVDAUSD+0.0012%1h226.40−0.152%$117K$52K10xas long as short
Arcus NVDA-USD+0.0040%1h226.57−0.079%$398K$734K20xas long as short
QFEX NVDA-USD+0.0042%1h226.67−0.035%$1.3M$9.1M10xas long as short
Vest NVDA-USD-PERP+0.0046%1h226.76+0.004%$74K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h226.60−0.066%$147.2M$43.5M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h226.63−0.053%$398K$278K10xas long as short
SoDEX NVDA-USD+0.0050%1h226.56−0.084%$59K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h226.38−0.163%$1.6M$2.0M15xas long as short
Lighter NVDA+0.0064%1h226.69−0.025%$2.1M$3.4M20xas long as short
Binance NVDAUSDT+0.0080%8h226.79+0.016%$154.6M$218.7M50xas long as short
Nado NVDA-PERP+0.0081%1h226.57−0.079%$482K$227K20xas long as short
Pacifica NVDA+0.0100%1h226.53−0.096%$297K$48K10xas long as short
KuCoin NVDAUSDTMshort+0.0100%8h226.63−0.053%$1.6M$742K20x
ApeX Omni NVDAUSDT+0.0100%1h226.42−0.146%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h226.67−0.035%$36K$21K20xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0103%1h226.64−0.049%$53K$1.8M10xas long as short
Lighter RH NVDA+0.0104%1h226.81+0.026%$5.1M$7.1M20xas long as short
Aevo NVDA-PERP+0.0104%1h226.70−0.023%10xas long as short
Phoenix NVDA+0.0106%1h226.58−0.075%$93K$112K20xas long as short
Coinbase International NVDA-PERP-INTX+0.0128%1h226.29−0.203%$1.3M$789K10xas long as short
BloFin NVDA-USDT+0.0200%8h226.74−0.004%$713K$193K20xas long as short
Injective NVDA/USDC PERP+0.0220%1h226.88+0.057%$73K$13930xas long as short
Extended NVDA_24_5-USD+0.0360%1h226.56−0.086%$668K$766K10xas long as short
edgeX NVDAUSDC+0.0830%4h226.55−0.089%$170K$1.9M20xas long as short