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−0.0147%/8h= −16.1% APRnext payment $1.47 per $10,000 · paid last 24h −0.038%
Price spread now: SunX against BloFin−0.216%7-day average −0.124% · you buy dearer than you sell
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$770.766% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.321%−$32 on $10k
Price spread, last 3 days (all we have)+0.131%+$13 · spread now −0.216%, 7d avg −0.124%
Together, before fees−0.190%−$19 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and SunX is 0.092% cheaper against BloFin than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.124%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin NVDA-USDT227.350.0147pay 0.0147% / 8h21m 10s$715K$205K20x
ShortSunX NVDA-USDT226.860get 0.0000% / 8h21m 10s$2K$3.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$30.95
Price spread: −0.216% → −0.124%
−$9.16
Slippage, 4 orders
−$56.59
Fee BloFin: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$116.7
Costs to cover
0.766%
Break-even
never at this rate
Slippage from BloFin: live order book, 55 min ago; SunX: live order book, 7 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, 55 min ago0.22 bp6.2 bp −$67.7 bp −$7714.3 bp −$1,433doesn't fit
Sell SunX live order book, 7 min ago22.01 bp26.0 bp −$2655.5 bp −$555doesn'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%8h227.36+0.003%$482K$587K20xas long as short
Bybit NVDAUSDT0.0000%8h227.350.000%$12.7M$15.4M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h227.31−0.018%$14.4M$21.0M50xas long as short
Gate NVDA_USDT0.0000%8h227.28−0.031%$7.2M$9.7M100xas long as short
Variational Omni NVDA0.0000%8h227.32−0.011%$3.6M$1.9Mas long as short
GRVT NVDA_USDT_Perp0.0000%8h227.38+0.013%$21K$412K10xas long as short
SunX NVDA-USDTshort0.0000%8h226.86−0.216%$2K$3.9M20x
HTX NVDA-USDT0.0000%8h227.44+0.040%$198K$521K30xas long as short
Phemex NVDAUSDT0.0000%4h227.40+0.022%$2.2M$42K10xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0014%1h227.29−0.026%$49K$1.5M10xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps NVDAUSD+0.0026%1h227.18−0.075%$118K$56K10xas long as short
Extended NVDA_24_5-USD+0.0032%1h227.22−0.059%$535K$447K10xas long as short
Bitget NVDAUSDT+0.0033%8h227.350.000%$15.5M$17.7M100xas long as short
Binance NVDAUSDT+0.0037%8h227.36+0.004%$156.2M$220.2M50xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.40+0.022%$74K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h227.22−0.057%$147.8M$48.8M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h227.26−0.040%$401K$289K10xas long as short
SoDEX NVDA-USD+0.0050%1h227.22−0.057%$58K$20K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h227.15−0.088%$1.6M$2.1M15xas long as short
QFEX NVDA-USD+0.0060%1h227.36+0.004%$1.6M$11.5M10xas long as short
Nado NVDA-PERP+0.0062%1h227.26−0.039%$483K$229K20xas long as short
Aevo NVDA-PERP+0.0088%1h227.34−0.006%10xas long as short
Coinbase International NVDA-PERP-INTX+0.0096%1h227.01−0.150%$1.3M$845K10xas long as short
Pacifica NVDA+0.0100%1h227.23−0.054%$298K$60K10xas long as short
KuCoin NVDAUSDTM+0.0100%8h227.42+0.031%$1.6M$743K20xas long as short
ApeX Omni NVDAUSDT+0.0100%1h227.30−0.022%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h227.29−0.026%$36K$22K20xas long as short
Phoenix NVDA+0.0106%1h227.28−0.031%$93K$112K20xas long as short
Arcus NVDA-USD+0.0127%1h227.17−0.079%$399K$724K20xas long as short
BloFin NVDA-USDTlong+0.0147%8h227.35long leg$715K$205K20x
Hotstuff NVDA-PERP+0.0152%1h227.22−0.057%$35K20xas long as short
Lighter RH NVDA+0.0200%1h227.51+0.070%$5.1M$7.2M20xas long as short
Lighter NVDA+0.0208%1h227.37+0.010%$2.1M$3.3M20xas long as short
Injective NVDA/USDC PERP+0.0220%1h227.73+0.167%$73K$13730xas long as short
edgeX NVDAUSDC+0.0475%4h227.34−0.006%$170K$1.9M20xas long as short