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

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0072%/8h= −7.9% APRpaid last 24h −0.022%
Price spread now: OKX against Coinbase International+0.084%7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$270.270% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.055%−$5 on $10k
Price spread, last 3 days (all we have)+0.023%+$2 · spread now +0.084%, 7d avg +0.065%
Together, before fees−0.032%−$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.065%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International NVDA-PERP-INTX227.460.0072pay 0.0009% / 1h4m 44s$1.3M$776K10x
ShortOKX NVDA-USDT-SWAP227.650get 0.0000% / 8h6h 04m$14.4M$20.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
−$15.12
Price spread: +0.084% → +0.065%
$1.84
Slippage, 4 orders
−$7.02
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$40.3
Costs to cover
0.270%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 4 min ago; OKX: live order book, 4 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 bp7.3 bp −$79.6 bp −$96doesn't fitdoesn't fit
Sell OKX live order book, 4 min ago0.22 bp5.6 bp −$68.0 bp −$8017.4 bp −$1,741doesn't fit

NVDA on 34 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%8h227.67+0.093%$483K$590K20xas long as short
Bybit NVDAUSDT0.0000%8h227.63+0.075%$12.7M$15.0M100xas long as short
OKX NVDA-USDT-SWAPshort0.0000%8h227.65+0.084%$14.4M$20.2M50x
Gate NVDA_USDT0.0000%8h227.57+0.048%$7.2M$9.6M100xas long as short
Bitget NVDAUSDT0.0000%8h227.69+0.101%$15.4M$16.3M100xas long as short
GRVT NVDA_USDT_Perp0.0000%8h227.73+0.119%$20K$389K10xas long as short
SunX NVDA-USDT0.0000%8h227.15−0.136%$2K$3.7M20xas long as short
HTX NVDA-USDT0.0000%8h227.84+0.167%$198K$483K30xas long as short
Phemex NVDAUSDT0.0000%4h227.78+0.141%$2.2M$43K10xas long as short
Aftermath Perps NVDAUSD+0.0015%1h227.60+0.062%$118K$54K10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni NVDA+0.0021%8h227.73+0.117%$3.5M$2.1Mas long as short
Hotstuff NVDA-PERP+0.0024%1h227.59+0.057%$35K20xas long as short
Arcus NVDA-USD+0.0040%1h227.71+0.110%$404K$708K20xas long as short
QFEX NVDA-USD+0.0045%1h227.67+0.092%$1.4M$9.8M10xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.78+0.141%$74K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h227.53+0.031%$148.1M$44.3M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h227.60+0.062%$402K$277K10xas long as short
SoDEX NVDA-USD+0.0050%1h227.50+0.018%$58K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h227.49+0.013%$1.6M$2.0M15xas long as short
Coinbase International NVDA-PERP-INTXlong+0.0072%1h227.46long leg$1.3M$776K10x
Nado NVDA-PERP+0.0081%1h227.52+0.025%$483K$229K20xas long as short
Binance NVDAUSDT+0.0083%8h227.67+0.092%$156.3M$215.6M50xas long as short
Pacifica NVDA+0.0100%1h227.51+0.022%$299K$60K10xas long as short
ApeX Omni NVDAUSDT+0.0100%1h227.59+0.057%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h227.63+0.075%$36K$22K20xas long as short
Aevo NVDA-PERP+0.0104%1h227.64+0.081%10xas long as short
Phoenix NVDA+0.0105%1h227.60+0.062%$94K$112K20xas long as short
Lighter NVDA+0.0120%1h227.64+0.079%$2.2M$3.2M20xas long as short
KuCoin NVDAUSDTM+0.0127%8h227.69+0.101%$1.6M$732K20xas long as short
Lighter RH NVDA+0.0136%1h227.77+0.136%$5.1M$7.1M20xas long as short
Extended NVDA_24_5-USD+0.0160%1h227.50+0.020%$689K$714K10xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0190%1h227.60+0.062%$49K$1.5M10xas long as short
Injective NVDA/USDC PERP+0.0220%1h228.04+0.255%$73K$13930xas long as short
edgeX NVDAUSDC+0.0440%4h227.73+0.118%$170K$1.9M20xas long as short