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+0.0222%/8h= +24.4% APRnext payment +$2.22 per $10,000 · paid last 24h +0.051%
Price spread now: BloFin against Bybit+0.004%112s7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs+$1as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$250.254% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.259%+$26 on $10k
Price spread, last 4 days (all we have)−0.076%−$8 · spread now +0.004%, 7d avg +0.011%
Together, before fees+0.182%+$18 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.011%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate. The two prices were read 112 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit NVDAUSDT227.200get 0.0000% / 8h3h 29m$12.6M$14.8M100x
ShortBloFin NVDA-USDT227.210.0222get 0.0222% / 8h3h 29m$720K$201K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$46.71
Price spread: +0.004% → +0.011%
−$0.69
Slippage, 4 orders
−$2.36
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BloFin: 6 bp × 2 orders
−$12
Net
$20.66
Costs to cover
0.254%
Break-even
3.9 days
Slippage from Bybit: live order book, 4 min ago; BloFin: live order book, 67 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, 4 min ago0.22 bp6.3 bp −$68.5 bp −$8557.9 bp −$5,794doesn't fit
Sell BloFin live order book, 67 min ago0.22 bp6.2 bp −$67.4 bp −$7412.0 bp −$1,205doesn'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 NVDAUSDTlong0.0000%8h227.20long leg$12.6M$14.8M100x
OKX NVDA-USDT-SWAP0.0000%8h227.22+0.009%$14.3M$20.4M50xas long as short
Hotstuff NVDA-PERP0.0000%1h227.12−0.035%$35K20xas long as short
Gate NVDA_USDT0.0000%8h227.19−0.004%$7.2M$9.7M100xas long as short
Bitget NVDAUSDT0.0000%8h227.26+0.026%$15.4M$16.4M100xas long as short
GRVT NVDA_USDT_Perp0.0000%8h227.26+0.026%$20K$394K10xas long as short
SunX NVDA-USDT0.0000%8h226.89−0.136%$3K$3.7M20xas long as short
Deribit NVDA_USDC-PERPETUAL0.0000%1h227.15−0.022%$49K$1.7M10xas long as short
HTX NVDA-USDT0.0000%8h227.28+0.035%$197K$463K30xas long as short
Phemex NVDAUSDT0.0000%4h227.36+0.070%$2.2M$43K10xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps NVDAUSD+0.0011%1h227.08−0.053%$118K$53K10xas long as short
Aster NVDAUSDT+0.0015%8h227.18−0.009%$482K$569K20xas long as short
Lighter NVDA+0.0040%1h227.20−0.001%$2.1M$3.3M20xas long as short
Arcus NVDA-USD+0.0040%1h227.14−0.026%$399K$738K20xas long as short
QFEX NVDA-USD+0.0041%1h227.24+0.018%$1.3M$9.1M10xas long as short
Variational Omni NVDA+0.0043%8h227.27+0.029%$3.6M$2.2Mas long as short
Vest NVDA-USD-PERP+0.0046%1h227.36+0.070%$74K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h227.11−0.040%$147.6M$43.5M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h227.19−0.004%$401K$276K10xas long as short
SoDEX NVDA-USD+0.0050%1h227.13−0.031%$59K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h226.99−0.092%$1.6M$2.0M15xas long as short
Nado NVDA-PERP+0.0058%1h227.16−0.016%$483K$227K20xas long as short
Pacifica NVDA+0.0100%1h227.16−0.018%$298K$50K10xas long as short
ApeX Omni NVDAUSDT+0.0100%1h227.14−0.026%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h227.21+0.004%$36K$21K20xas long as short
KuCoin NVDAUSDTM+0.0101%8h227.26+0.026%$1.6M$728K20xas long as short
Binance NVDAUSDT+0.0102%8h227.24+0.019%$155.8M$216.2M50xas long as short
Aevo NVDA-PERP+0.0104%1h227.23+0.011%10xas long as short
Coinbase International NVDA-PERP-INTX+0.0128%1h227.11−0.040%$1.3M$782K10xas long as short
Lighter RH NVDA+0.0136%1h227.40+0.088%$5.1M$7.1M20xas long as short
Phoenix NVDA+0.0141%1h227.19−0.004%$93K$112K20xas long as short
Extended NVDA_24_5-USD+0.0192%1h227.09−0.048%$672K$780K10xas long as short
Injective NVDA/USDC PERP+0.0220%1h227.61+0.180%$73K$13730xas long as short
BloFin NVDA-USDTshort+0.0222%8h227.21+0.004%$720K$201K20x
edgeX NVDAUSDC+0.0750%4h227.21+0.006%$170K$1.9M20xas long as short