Settings8H · net · $10k
Funding arb · Price arb /

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC−0.0064%/8h= −7.0% APRnext payment $0.08 per $10,000 · paid last 24h +0.009%
Price spread now: Nado against Coinbase International−0.054%45s7-day average +0.044% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$380.376% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.028%−$3 on $10k
Price spread, last 3 days (all we have)+0.150%+$15 · spread now −0.054%, 7d avg +0.044%
Together, before fees+0.122%+ Points / potential airdropNado: Active · farm board+$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Nado is 0.098% cheaper against Coinbase International than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.044%). Swap the legs. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International NVDA-PERP-INTX227.010.0112pay 0.0014% / 1h9m 28s$1.3M$911K10x
ShortNado NVDA-PERP226.890.0048get 0.0006% / 1h9m 28s$486K$226K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Coinbase International. 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
−$13.39
Price spread: −0.054% → +0.044%
−$9.79
Slippage, 4 orders
−$20.62
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$60.8
Costs to cover
0.376%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 4 min ago; Nado: live order book, 13 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 Coinbase International live order book, 4 min ago1.98 bp8.0 bp −$810.8 bp −$108doesn't fitdoesn't fit
Sell Nado live order book, 13 min ago1.54 bp13.3 bp −$1328.7 bp −$287doesn'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
Hotstuff NVDA-PERP−0.0024%1h226.85−0.070%$35K20xas long as short
Aster NVDAUSDT0.0000%8h226.96−0.024%$473K$550K20xas long as short
Binance NVDAUSDT0.0000%8h227.010.000%$156.1M$220.8M50xas long as short
Bybit NVDAUSDT0.0000%8h226.97−0.018%$12.6M$15.8M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h226.97−0.018%$14.4M$21.2M50xas long as short
Gate NVDA_USDT0.0000%8h226.96−0.022%$7.2M$9.4M100xas long as short
Variational Omni NVDA0.0000%8h227.08+0.032%$3.5M$2.4Mas long as short
GRVT NVDA_USDT_Perp0.0000%8h227.09+0.036%$21K$468K10xas long as short
SunX NVDA-USDT0.0000%8h226.72−0.128%$2K$4.0M20xas long as short
Deribit NVDA_USDC-PERPETUAL0.0000%1h226.95−0.026%$49K$1.5M10xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX NVDA-USDT0.0000%8h227.13+0.053%$202K$527K30xas long as short
Phemex NVDAUSDT0.0000%4h227.10+0.040%$2.2M$41K10xas long as short
Aftermath Perps NVDAUSD+0.0014%1h227.02+0.005%$118K$55K10xas long as short
QFEX NVDA-USD+0.0030%1h227.03+0.009%$1.6M$11.3M10xas long as short
Lighter RH NVDA+0.0032%1h227.15+0.062%$4.8M$7.0M20xas long as short
Extended NVDA_24_5-USD+0.0032%1h226.88−0.056%$522K$409K10xas long as short
Bitget NVDAUSDT+0.0044%8h226.98−0.013%$15.6M$18.3M100xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.13+0.053%$73K25xas long as short
Nado NVDA-PERPshort+0.0048%1h226.89−0.054%$486K$226K20x
tradeXYZ xyz:NVDA+0.0050%1h226.88−0.057%$147.0M$50.3M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h227.02+0.004%$400K$261K10xas long as short
SoDEX NVDA-USD+0.0050%1h226.89−0.053%$58K$20K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h226.84−0.075%$1.6M$2.1M15xas long as short
Phoenix NVDA+0.0070%1h227.010.000%$93K$112K20xas long as short
Aevo NVDA-PERP+0.0080%1h227.010.000%10xas long as short
Lighter NVDA+0.0088%1h227.05+0.018%$2.1M$3.3M20xas long as short
Pacifica NVDA+0.0100%1h226.88−0.059%$298K$60K10xas long as short
KuCoin NVDAUSDTM+0.0100%8h227.04+0.013%$1.6M$753K20xas long as short
ApeX Omni NVDAUSDT+0.0100%1h226.97−0.018%$16K$43K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h226.98−0.013%$36K$22K20xas long as short
Coinbase International NVDA-PERP-INTXlong+0.0112%1h227.01long leg$1.3M$911K10x
BloFin NVDA-USDT+0.0120%8h227.07+0.026%$714K$205K20xas long as short
Injective NVDA/USDC PERP+0.0220%1h227.44+0.189%$73K$13730xas long as short
edgeX NVDAUSDC+0.0392%4h227.08+0.031%$170K$1.9M20xas long as short
Arcus NVDA-USD+0.0419%1h227.00−0.004%$384K$695K20xas long as short