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−0.0081%/8h= −8.9% APRnext payment $0.81 per $10,000 · paid last 24h −0.009%
Price spread now: KuCoin against BloFin+0.004%80s7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$530.525% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.018%+$2 on $10k
Price spread, last 4 days (all we have)+0.266%+$27 · spread now +0.004%, 7d avg −0.002%
Together, before fees+0.284%+$28 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.002%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin NVDA-USDT227.660.0214pay 0.0214% / 8h5h 29m$723K$201K20x
ShortKuCoin NVDAUSDTM227.670.0133get 0.0133% / 8h5h 29m$1.6M$724K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$17.09
Price spread: +0.004% → −0.002%
$0.63
Slippage, 4 orders
−$28.54
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$68.99
Costs to cover
0.525%
Break-even
never at this rate
Slippage from BloFin: live order book, 12 min ago; KuCoin: live order book, 6 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, 12 min ago0.22 bp6.2 bp −$67.0 bp −$7011.9 bp −$1,195doesn't fit
Sell KuCoin live order book, 6 min ago1.10 bp14.3 bp −$14doesn'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
Bybit NVDAUSDT0.0000%8h227.62−0.018%$12.7M$14.8M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h227.61−0.022%$14.4M$20.2M50xas long as short
Gate NVDA_USDT0.0000%8h227.57−0.040%$7.2M$9.6M100xas long as short
Bitget NVDAUSDT0.0000%8h227.65−0.004%$15.5M$16.4M100xas long as short
GRVT NVDA_USDT_Perp0.0000%8h227.68+0.009%$20K$384K10xas long as short
SunX NVDA-USDT0.0000%8h227.14−0.228%$2K$3.7M20xas long as short
HTX NVDA-USDT0.0000%8h227.76+0.044%$198K$478K30xas long as short
Phemex NVDAUSDT0.0000%4h227.64−0.009%$2.2M$43K10xas long as short
Aster NVDAUSDT+0.0011%8h227.64−0.007%$483K$590K20xas long as short
Aftermath Perps NVDAUSD+0.0012%1h227.52−0.063%$118K$54K10xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni NVDA+0.0036%8h227.62−0.018%$3.5M$2.1Mas long as short
Arcus NVDA-USD+0.0040%1h227.70+0.018%$406K$726K20xas long as short
QFEX NVDA-USD+0.0044%1h227.660.000%$1.4M$9.6M10xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.73+0.031%$74K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h227.47−0.083%$147.9M$44.2M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h227.58−0.035%$401K$277K10xas long as short
SoDEX NVDA-USD+0.0050%1h227.49−0.075%$58K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h227.41−0.110%$1.6M$2.0M15xas long as short
Coinbase International NVDA-PERP-INTX+0.0072%1h227.53−0.057%$1.3M$777K10xas long as short
Hotstuff NVDA-PERP+0.0080%1h227.46−0.088%$35K20xas long as short
Binance NVDAUSDT+0.0095%8h227.660.000%$156.2M$215.2M50xas long as short
Pacifica NVDA+0.0100%1h227.50−0.070%$299K$60K10xas long as short
ApeX Omni NVDAUSDT+0.0100%1h227.47−0.083%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h227.60−0.026%$36K$22K20xas long as short
Aevo NVDA-PERP+0.0104%1h227.63−0.011%10xas long as short
Phoenix NVDA+0.0105%1h227.50−0.070%$94K$112K20xas long as short
Nado NVDA-PERP+0.0121%1h227.51−0.064%$483K$228K20xas long as short
KuCoin NVDAUSDTMshort+0.0133%8h227.67+0.004%$1.6M$724K20x
Lighter NVDA+0.0168%1h227.63−0.015%$2.2M$3.2M20xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0190%1h227.57−0.040%$49K$1.6M10xas long as short
Lighter RH NVDA+0.0208%1h227.75+0.040%$5.1M$7.1M20xas long as short
BloFin NVDA-USDTlong+0.0214%8h227.66long leg$723K$201K20x
Injective NVDA/USDC PERP+0.0220%1h227.99+0.145%$73K$13730xas long as short
edgeX NVDAUSDC+0.0277%4h227.60−0.026%$170K$1.9M20xas long as short
Extended NVDA_24_5-USD+0.0344%1h227.41−0.112%$689K$718K10xas long as short