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+0.0143%/8h= +15.7% APRnext payment +$1.43 per $10,000 · paid last 24h +0.042%
Price spread now: KuCoin against Bybit+0.022%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$530.528% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.277%+$28 on $10k
Price spread, last 7 days−0.017%−$2 · spread now +0.022%, 7d avg +0.008%
Together, before fees+0.260%+$26 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.008%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit NVDAUSDT227.640get 0.0000% / 8h5h 06m$12.6M$14.8M100x
ShortKuCoin NVDAUSDTM227.690.0143get 0.0143% / 8h5h 06m$1.6M$723K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$30.03
Price spread: +0.022% → +0.008%
$1.4
Slippage, 4 orders
−$29.8
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$21.37
Costs to cover
0.528%
Break-even
12.0 days
Slippage from Bybit: live order book, 1 min ago; KuCoin: live order book, 9 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, 1 min ago0.22 bp6.1 bp −$68.2 bp −$8243.2 bp −$4,322doesn't fit
Sell KuCoin live order book, 9 min ago1.54 bp19.0 bp −$19doesn'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 NVDAUSDTlong0.0000%8h227.64long leg$12.6M$14.8M100x
OKX NVDA-USDT-SWAP0.0000%8h227.65+0.004%$14.4M$20.3M50xas long as short
Gate NVDA_USDT0.0000%8h227.60−0.018%$7.2M$9.6M100xas long as short
Bitget NVDAUSDT0.0000%8h227.69+0.022%$15.5M$16.4M100xas long as short
SunX NVDA-USDT0.0000%8h227.23−0.180%$3K$3.7M20xas long as short
HTX NVDA-USDT0.0000%8h227.76+0.053%$198K$475K30xas long as short
Phemex NVDAUSDT0.0000%4h227.72+0.035%$2.2M$43K10xas long as short
Aftermath Perps NVDAUSD+0.0015%1h227.55−0.042%$118K$54K10xas long as short
Aster NVDAUSDT+0.0024%8h227.69+0.022%$483K$590K20xas long as short
GRVT NVDA_USDT_Perp+0.0031%8h227.69+0.022%$21K$386K10xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus NVDA-USD+0.0040%1h227.58−0.026%$406K$746K20xas long as short
QFEX NVDA-USD+0.0044%1h227.640.000%$1.4M$9.5M10xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.75+0.048%$74K25xas long as short
Variational Omni NVDA+0.0049%8h227.62−0.009%$3.5M$2.1Mas long as short
tradeXYZ xyz:NVDA+0.0050%1h227.51−0.057%$147.9M$43.7M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h227.63−0.004%$402K$277K10xas long as short
SoDEX NVDA-USD+0.0050%1h227.51−0.057%$58K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h227.39−0.110%$1.6M$2.0M15xas long as short
Coinbase International NVDA-PERP-INTX+0.0072%1h227.53−0.048%$1.3M$776K10xas long as short
Hotstuff NVDA-PERP+0.0080%1h227.52−0.053%$35K20xas long as short
Pacifica NVDA+0.0100%1h227.50−0.061%$299K$51K10xas long as short
ApeX Omni NVDAUSDT+0.0100%1h227.52−0.053%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h227.640.000%$36K$22K20xas long as short
Aevo NVDA-PERP+0.0104%1h227.65+0.005%10xas long as short
Phoenix NVDA+0.0105%1h227.57−0.031%$94K$112K20xas long as short
Binance NVDAUSDT+0.0108%8h227.69+0.022%$156.2M$215.1M50xas long as short
Nado NVDA-PERP+0.0130%1h227.52−0.053%$483K$228K20xas long as short
KuCoin NVDAUSDTMshort+0.0143%8h227.69+0.022%$1.6M$723K20x
Lighter NVDA+0.0168%1h227.66+0.007%$2.2M$3.3M20xas long as short
Lighter RH NVDA+0.0208%1h227.80+0.070%$5.1M$7.1M20xas long as short
Injective NVDA/USDC PERP+0.0220%1h227.98+0.149%$73K$13930xas long as short
BloFin NVDA-USDT+0.0228%8h227.70+0.026%$722K$201K20xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0234%1h227.60−0.018%$49K$1.6M10xas long as short
Extended NVDA_24_5-USD+0.0416%1h227.46−0.079%$686K$733K10xas long as short
edgeX NVDAUSDC+0.0652%4h227.68+0.016%$170K$1.9M20xas long as short