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+0.0036%/8h= +3.9% APRnext payment +$0.36 per $10,000 · paid last 24h +0.024%
Price spread now: Binance against Bybit+0.010%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$10as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$240.236% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.132%+$13 on $10k
Price spread, last 2 days (all we have)+0.039%+$4 · spread now +0.010%, 7d avg +0.014%
Together, before fees+0.171%+$17 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.014%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit NVDAUSDT227.450get 0.0000% / 8h1m 19s$12.7M$15.4M100x
ShortBinance NVDAUSDT227.470.0036get 0.0036% / 8h1m 19s$156.3M$219.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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
$7.53
Price spread: +0.010% → +0.014%
−$0.37
Slippage, 4 orders
−$2.58
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$16.43
Costs to cover
0.236%
Break-even
22.3 days
Slippage from Bybit: live order book, 7 min ago; Binance: live order book, 12 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 Bybit live order book, 7 min ago0.22 bp6.6 bp −$79.8 bp −$9845.4 bp −$4,545doesn't fit
Sell Binance live order book, 12 min ago0.22 bp5.2 bp −$56.6 bp −$6622.0 bp −$2,204doesn'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%8h227.49+0.017%$482K$586K20xas long as short
Bybit NVDAUSDTlong0.0000%8h227.45long leg$12.7M$15.4M100x
OKX NVDA-USDT-SWAP0.0000%8h227.450.000%$14.4M$21.0M50xas long as short
Gate NVDA_USDT0.0000%8h227.40−0.022%$7.2M$9.7M100xas long as short
Variational Omni NVDA0.0000%8h227.45+0.002%$3.6M$1.9Mas long as short
GRVT NVDA_USDT_Perp0.0000%8h227.55+0.042%$20K$405K10xas long as short
SunX NVDA-USDT0.0000%8h227.02−0.189%$2K$3.9M20xas long as short
HTX NVDA-USDT0.0000%8h227.53+0.035%$197K$524K30xas long as short
Phemex NVDAUSDT0.0000%4h227.52+0.031%$2.2M$42K10xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0014%1h227.40−0.022%$49K$1.4M10xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps NVDAUSD+0.0016%1h227.35−0.042%$118K$56K10xas long as short
Bitget NVDAUSDT+0.0020%8h227.450.000%$15.5M$17.4M100xas long as short
Extended NVDA_24_5-USD+0.0032%1h227.33−0.053%$535K$447K10xas long as short
Binance NVDAUSDTshort+0.0036%8h227.47+0.010%$156.3M$219.3M50x
Vest NVDA-USD-PERP+0.0046%1h227.53+0.035%$74K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h227.33−0.053%$147.8M$48.8M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h227.42−0.013%$401K$289K10xas long as short
SoDEX NVDA-USD+0.0050%1h227.34−0.048%$58K$20K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h227.21−0.106%$1.6M$2.1M15xas long as short
Nado NVDA-PERP+0.0058%1h227.36−0.040%$484K$229K20xas long as short
QFEX NVDA-USD+0.0060%1h227.42−0.013%$1.6M$11.5M10xas long as short
Aevo NVDA-PERP+0.0088%1h227.44−0.004%10xas long as short
Coinbase International NVDA-PERP-INTX+0.0096%1h227.01−0.193%$1.3M$839K10xas long as short
Pacifica NVDA+0.0100%1h227.31−0.061%$298K$60K10xas long as short
ApeX Omni NVDAUSDT+0.0100%1h227.37−0.035%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h227.42−0.013%$36K$22K20xas long as short
Phoenix NVDA+0.0106%1h227.38−0.031%$93K$112K20xas long as short
KuCoin NVDAUSDTM+0.0112%8h227.53+0.035%$1.6M$742K20xas long as short
Arcus NVDA-USD+0.0127%1h227.28−0.075%$399K$724K20xas long as short
Hotstuff NVDA-PERP+0.0128%1h227.30−0.066%$35K20xas long as short
BloFin NVDA-USDT+0.0143%8h227.49+0.018%$714K$205K20xas long as short
Lighter NVDA+0.0168%1h227.48+0.015%$2.2M$3.3M20xas long as short
Lighter RH NVDA+0.0168%1h227.61+0.070%$5.1M$7.2M20xas long as short
Injective NVDA/USDC PERP+0.0220%1h227.67+0.097%$73K$14030xas long as short
edgeX NVDAUSDC+0.0312%4h227.49+0.017%$171K$1.9M20xas long as short