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

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0700%/8h= −76.7% APRpaid last 24h −0.075%
Price spread now: BloFin against edgeX−0.031%7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$300.298% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.613%−$61 on $10k
Price spread, last 3 days (all we have)−0.141%−$14 · spread now −0.031%, 7d avg +0.012%
Together, before fees−0.753%+ Points / potential airdropedgeX: Active · farm board−$75 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and BloFin is 0.042% cheaper against edgeX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.012%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX NVDAUSDC227.140.0820pay 0.0410% / 4h2h 11m$170K$1.9M20x
ShortBloFin NVDA-USDT227.070.0120get 0.0120% / 8h2h 11m$714K$205K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against edgeX. 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
−$147.09
Price spread: −0.031% → +0.012%
−$4.22
Slippage, 4 orders
−$8.82
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$181.14
Costs to cover
0.298%
Break-even
never at this rate
Slippage from edgeX: live order book, 2 min ago; BloFin: live order book, 10 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 edgeX live order book, 2 min ago3.52 bp8.4 bp −$812.4 bp −$124doesn't fitdoesn't fit
Sell BloFin live order book, 10 min ago0.22 bp6.8 bp −$77.6 bp −$7613.6 bp −$1,36117.8 bp −$8,879

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
Aster NVDAUSDT0.0000%8h227.01−0.057%$473K$550K20xas long as short
Binance NVDAUSDT0.0000%8h227.08−0.027%$156.1M$220.8M50xas long as short
Bybit NVDAUSDT0.0000%8h227.01−0.057%$12.6M$15.8M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h227.07−0.031%$14.4M$21.2M50xas long as short
Gate NVDA_USDT0.0000%8h227.02−0.053%$7.2M$9.4M100xas long as short
Variational Omni NVDA0.0000%8h227.15+0.007%$3.5M$2.4Mas long as short
GRVT NVDA_USDT_Perp0.0000%8h227.18+0.018%$21K$467K10xas long as short
SunX NVDA-USDT0.0000%8h226.77−0.163%$2K$4.0M20xas long as short
Deribit NVDA_USDC-PERPETUAL0.0000%1h227.02−0.053%$49K$1.5M10xas long as short
HTX NVDA-USDT0.0000%8h227.13−0.004%$202K$527K30xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex NVDAUSDT0.0000%4h227.10−0.017%$2.2M$41K10xas long as short
Aftermath Perps NVDAUSD+0.0014%1h227.02−0.052%$118K$54K10xas long as short
QFEX NVDA-USD+0.0030%1h227.05−0.039%$1.6M$11.3M10xas long as short
Lighter RH NVDA+0.0032%1h227.21+0.031%$4.9M$7.0M20xas long as short
Extended NVDA_24_5-USD+0.0032%1h226.95−0.083%$522K$409K10xas long as short
Hotstuff NVDA-PERP+0.0032%1h226.93−0.092%$35K20xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.21+0.031%$73K25xas long as short
Nado NVDA-PERP+0.0046%1h226.95−0.084%$487K$226K20xas long as short
Bitget NVDAUSDT+0.0049%8h227.04−0.044%$15.6M$18.3M100xas long as short
tradeXYZ xyz:NVDA+0.0050%1h226.90−0.105%$147.0M$50.3M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h227.06−0.035%$400K$261K10xas long as short
SoDEX NVDA-USD+0.0050%1h226.92−0.097%$58K$20K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h226.84−0.132%$1.6M$2.1M15xas long as short
Phoenix NVDA+0.0070%1h227.01−0.057%$93K$112K20xas long as short
Aevo NVDA-PERP+0.0080%1h227.06−0.037%10xas long as short
Lighter NVDA+0.0088%1h227.11−0.013%$2.1M$3.3M20xas long as short
Pacifica NVDA+0.0100%1h226.94−0.090%$298K$60K10xas long as short
KuCoin NVDAUSDTM+0.0100%8h227.10−0.017%$1.6M$753K20xas long as short
ApeX Omni NVDAUSDT+0.0100%1h227.06−0.035%$16K$43K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h227.04−0.044%$36K$22K20xas long as short
Coinbase International NVDA-PERP-INTX+0.0112%1h227.01−0.057%$1.3M$911K10xas long as short
BloFin NVDA-USDTshort+0.0120%8h227.07−0.031%$714K$205K20x
Injective NVDA/USDC PERP+0.0220%1h227.44+0.132%$73K$13730xas long as short
Arcus NVDA-USD+0.0419%1h227.04−0.044%$384K$695K20xas long as short
edgeX NVDAUSDClong+0.0820%4h227.14long leg$170K$1.9M20x