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

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0678%/8h= −74.3% APRpaid last 24h −0.099%
Price spread now: SunX against edgeX−0.178%46s7-day average −0.114% · you buy dearer than you sell
Net, funding: paid 7d − costs−$171as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$800.802% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.905%−$90 on $10k
Price spread, last 3 days (all we have)+0.024%+$2 · spread now −0.178%, 7d avg −0.114%
Together, before fees−0.881%+ Points / potential airdropedgeX: Active · farm board−$88 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and SunX is 0.064% cheaper against edgeX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.114%). Swap the legs. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX NVDAUSDC227.650.0678pay 0.0339% / 4h2h 01m$170K$1.9M20x
ShortSunX NVDA-USDT227.250get 0.0000% / 8h6h 01m$2K$3.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$142.42
Price spread: −0.178% → −0.114%
−$6.38
Slippage, 4 orders
−$63.16
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee SunX: 4 bp × 2 orders
−$8
Net
−$228.95
Costs to cover
0.802%
Break-even
never at this rate
Slippage from edgeX: live order book, 2 min ago; SunX: live order book, 7 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 ago3.29 bp8.0 bp −$812.4 bp −$124doesn't fitdoesn't fit
Sell SunX live order book, 7 min ago21.97 bp26.0 bp −$2655.7 bp −$557doesn't fitdoesn'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%8h227.71+0.022%$484K$590K20xas long as short
Bybit NVDAUSDT0.0000%8h227.69+0.016%$12.7M$14.9M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h227.70+0.020%$14.4M$20.2M50xas long as short
Gate NVDA_USDT0.0000%8h227.63−0.011%$7.2M$9.6M100xas long as short
Bitget NVDAUSDT0.0000%8h227.75+0.042%$15.4M$16.3M100xas long as short
GRVT NVDA_USDT_Perp0.0000%8h227.68+0.010%$20K$389K10xas long as short
SunX NVDA-USDTshort0.0000%8h227.25−0.178%$2K$3.7M20x
HTX NVDA-USDT0.0000%8h227.84+0.081%$198K$482K30xas long as short
Phemex NVDAUSDT0.0000%4h227.75+0.042%$2.2M$43K10xas long as short
Aftermath Perps NVDAUSD+0.0014%1h227.53−0.053%$118K$54K10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff NVDA-PERP+0.0016%1h227.55−0.046%$35K20xas long as short
Variational Omni NVDA+0.0021%8h227.73+0.031%$3.5M$2.1Mas long as short
Arcus NVDA-USD+0.0040%1h227.72+0.029%$406K$712K20xas long as short
QFEX NVDA-USD+0.0045%1h227.68+0.011%$1.4M$9.8M10xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.81+0.068%$74K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h227.55−0.046%$148.1M$44.3M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h227.64−0.006%$402K$277K10xas long as short
SoDEX NVDA-USD+0.0050%1h227.55−0.046%$58K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h227.50−0.068%$1.6M$2.0M15xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0058%1h227.60−0.024%$49K$1.5M10xas long as short
Coinbase International NVDA-PERP-INTX+0.0072%1h227.46−0.085%$1.3M$776K10xas long as short
Nado NVDA-PERP+0.0081%1h227.56−0.040%$484K$229K20xas long as short
Binance NVDAUSDT+0.0082%8h227.72+0.029%$156.3M$215.3M50xas long as short
Pacifica NVDA+0.0100%1h227.55−0.046%$299K$60K10xas long as short
ApeX Omni NVDAUSDT+0.0100%1h227.57−0.037%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h227.68+0.011%$36K$22K20xas long as short
Aevo NVDA-PERP+0.0104%1h227.67+0.008%10xas long as short
Phoenix NVDA+0.0105%1h227.57−0.037%$94K$112K20xas long as short
Lighter NVDA+0.0120%1h227.69+0.016%$2.2M$3.2M20xas long as short
KuCoin NVDAUSDTM+0.0126%8h227.73+0.033%$1.6M$731K20xas long as short
Lighter RH NVDA+0.0136%1h227.82+0.073%$5.1M$7.1M20xas long as short
Extended NVDA_24_5-USD+0.0160%1h227.54−0.050%$689K$714K10xas long as short
Injective NVDA/USDC PERP+0.0220%1h228.04+0.169%$73K$13930xas long as short
edgeX NVDAUSDClong+0.0678%4h227.65long leg$170K$1.9M20x