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−0.0164%/8h= −17.9% APRnext payment $1.64 per $10,000 · paid last 24h −0.038%
Price spread now: GRVT against BloFin+0.013%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$250.247% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.293%−$29 on $10k
Price spread, last 3 days (all we have)+0.047%+$5 · spread now +0.013%, 7d avg −0.009%
Together, before fees−0.246%+ Points / potential airdropGRVT: Active · farm board−$25 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.022% dearer against BloFin than usual: you sell high and buy low (spread +0.013% now, against its 7-day average of −0.009%): +$2 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 11 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin NVDA-USDT227.490.0164pay 0.0164% / 8h42m 49s$713K$204K20x
ShortGRVT NVDA_USDT_Perp227.520get 0.0000% / 8h42m 49s$20K$427K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against BloFin. 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
−$34.39
Price spread: +0.013% → −0.009%
$2.23
Slippage, 4 orders
−$3.66
Fee BloFin: 6 bp × 2 orders
−$12
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$56.82
Costs to cover
0.247%
Break-even
never at this rate
Slippage from BloFin: live order book, 34 min ago; GRVT: live order book, 35 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 BloFin live order book, 34 min ago0.22 bp6.2 bp −$67.7 bp −$7714.3 bp −$1,433doesn't fit
Sell GRVT live order book, 35 min ago0.88 bp6.8 bp −$711.0 bp −$110doesn'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
Aster NVDAUSDT0.0000%8h227.42−0.031%$482K$587K20xas long as short
Bybit NVDAUSDT0.0000%8h227.58+0.040%$12.7M$15.4M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h227.52+0.013%$14.4M$21.1M50xas long as short
Gate NVDA_USDT0.0000%8h227.48−0.004%$7.2M$9.6M100xas long as short
Variational Omni NVDA0.0000%8h227.45−0.019%$3.6M$2.1Mas long as short
GRVT NVDA_USDT_Perpshort0.0000%8h227.52+0.013%$20K$427K10x
SunX NVDA-USDT0.0000%8h227.03−0.202%$2K$3.9M20xas long as short
HTX NVDA-USDT0.0000%8h227.48−0.004%$198K$524K30xas long as short
Phemex NVDAUSDT0.0000%4h227.62+0.057%$2.2M$42K10xas long as short
Aftermath Perps NVDAUSD+0.0030%1h227.40−0.041%$118K$55K10xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff NVDA-PERP+0.0040%1h227.44−0.022%$35K20xas long as short
Binance NVDAUSDT+0.0044%8h227.57+0.035%$156.4M$220.2M50xas long as short
Bitget NVDAUSDT+0.0045%8h227.61+0.053%$15.6M$17.7M100xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.61+0.053%$74K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h227.42−0.031%$147.5M$48.5M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h227.46−0.013%$401K$289K10xas long as short
SoDEX NVDA-USD+0.0050%1h227.42−0.031%$58K$20K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h227.30−0.084%$1.6M$2.1M15xas long as short
QFEX NVDA-USD+0.0060%1h227.54+0.022%$1.6M$11.4M10xas long as short
Extended NVDA_24_5-USD+0.0064%1h227.38−0.050%$536K$446K10xas long as short
Aevo NVDA-PERP+0.0088%1h227.56+0.033%10xas long as short
Nado NVDA-PERP+0.0089%1h227.41−0.035%$484K$228K20xas long as short
Coinbase International NVDA-PERP-INTX+0.0096%1h227.01−0.211%$1.3M$862K10xas long as short
Pacifica NVDA+0.0100%1h227.41−0.035%$298K$60K10xas long as short
KuCoin NVDAUSDTM+0.0100%8h227.51+0.009%$1.6M$745K20xas long as short
ApeX Omni NVDAUSDT+0.0100%1h227.38−0.048%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h227.55+0.026%$36K$22K20xas long as short
Phoenix NVDA+0.0106%1h227.47−0.009%$94K$112K20xas long as short
Arcus NVDA-USD+0.0127%1h227.40−0.040%$400K$724K20xas long as short
BloFin NVDA-USDTlong+0.0164%8h227.49long leg$713K$204K20x
Injective NVDA/USDC PERP+0.0220%1h227.72+0.101%$73K$13630xas long as short
Lighter RH NVDA+0.0240%1h227.70+0.092%$5.1M$7.2M20xas long as short
Lighter NVDA+0.0256%1h227.59+0.045%$2.1M$3.3M20xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0366%1h227.54+0.022%$49K$1.4M10xas long as short
edgeX NVDAUSDC+0.0643%4h227.53+0.016%$170K$1.9M20xas long as short