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+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.028%
Price spread now: Orderly against Bybit−0.004%50s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit NVDAUSDT226.400get 0.0000% / 8h40m 28s$12.4M$14.3M100x
ShortOrderly PERP_NVDA_USDC226.390.0100get 0.0100% / 8h40m 28s$36K$21K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$21
Price spread: −0.004% → 0.000%
−$0.44
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Orderly: 3 bp × 2 orders
−$6
Net
$3.56
Costs to cover
0.170%
Break-even
5.8 days
Slippage unknown: Bybit: live order book, 3 min ago; Orderly: no order-book sample. Net counts fees only.

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, 3 min ago0.22 bp6.3 bp −$68.9 bp −$8965.9 bp −$6,593doesn't fit
Sell Orderly no order-book sample
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%8h226.40long leg$12.4M$14.3M100x
OKX NVDA-USDT-SWAP0.0000%8h226.38−0.009%$14.1M$20.5M50xas long as short
Gate NVDA_USDT0.0000%8h226.35−0.022%$7.2M$9.9M100xas long as short
Bitget NVDAUSDT0.0000%8h226.46+0.027%$15.8M$16.6M100xas long as short
SunX NVDA-USDT0.0000%8h226.07−0.146%$2K$3.6M20xas long as short
HTX NVDA-USDT0.0000%8h226.39−0.004%$198K$446K30xas long as short
Phemex NVDAUSDT0.0000%4h226.63+0.102%$2.2M$42K10xas long as short
GRVT NVDA_USDT_Perp+0.0015%8h226.35−0.023%$22K$428K10xas long as short
Aftermath Perps NVDAUSD+0.0019%1h226.14−0.115%$117K$51K10xas long as short
Hotstuff NVDA-PERP+0.0032%1h226.28−0.053%$35K20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NVDAUSDT+0.0035%8h226.38−0.007%$482K$530K20xas long as short
Arcus NVDA-USD+0.0040%1h226.32−0.035%$392K$740K20xas long as short
Vest NVDA-USD-PERP+0.0046%1h226.45+0.022%$74K25xas long as short
SoDEX NVDA-USD+0.0050%1h226.28−0.053%$59K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h226.24−0.071%$1.6M$1.9M15xas long as short
Variational Omni NVDA+0.0057%8h226.39−0.004%$3.5M$2.3Mas long as short
QFEX NVDA-USD+0.0064%1h226.39−0.004%$1.3M$9.0M10xas long as short
tradeXYZ xyz:NVDA+0.0099%1h226.28−0.053%$147.0M$43.2M20xas long as short
Polymarket Perps NVDA-USD+0.0099%1h226.35−0.022%$391K$247K10xas long as short
Pacifica NVDA+0.0100%1h226.22−0.080%$297K$49K10xas long as short
KuCoin NVDAUSDTM+0.0100%8h226.37−0.013%$1.6M$743K20xas long as short
ApeX Omni NVDAUSDT+0.0100%1h226.10−0.133%$16K$44K50xas long as short
Orderly PERP_NVDA_USDCshort+0.0100%8h226.39−0.004%$36K$21K20x
Aevo NVDA-PERP+0.0112%1h226.42+0.008%10xas long as short
Binance NVDAUSDT+0.0120%8h226.400.000%$154.4M$218.3M50xas long as short
Coinbase International NVDA-PERP-INTX+0.0120%1h226.09−0.137%$1.3M$699K10xas long as short
Phoenix NVDA+0.0177%1h226.33−0.031%$93K$83K20xas long as short
Nado NVDA-PERP+0.0184%1h226.21−0.083%$480K$223K20xas long as short
Lighter NVDA+0.0192%1h226.35−0.020%$2.1M$3.2M20xas long as short
Injective NVDA/USDC PERP+0.0220%1h227.00+0.265%$73K$13730xas long as short
BloFin NVDA-USDT+0.0239%8h226.48+0.035%$710K$195K20xas long as short
Lighter RH NVDA+0.0240%1h226.50+0.044%$5.1M$6.9M20xas long as short
Extended NVDA_24_5-USD+0.0352%1h226.19−0.095%$644K$875K10xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0502%1h226.33−0.031%$53K$1.8M10xas long as short
edgeX NVDAUSDC+0.0547%4h226.38−0.011%$170K$1.9M20xas long as short