Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0204%/8h= −22.3% APRpaid last 24h +0.022%

Price spread now: KuCoin against Extended+0.126%7-day average +0.054% · you sell dearer than you buy

Net, funding: paid 7d − costs−$57as in the Funding arb table

Net, price: spread back to 7d avg − costs−$71as in the Price arb table

costs, in and out, $10k−$780.784% of the position

Long on Extended Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.209%+$21 on $10k

Price spread, last 4 days (all we have)−0.098%−$10 · spread now +0.126%, 7d avg +0.054%

Together, before fees+0.112%+ Points / potential airdropExtended: Active · farm board+$11 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.072% dearer against Extended than usual: you sell high and buy low (spread +0.126% now, against its 7-day average of +0.054%): +$7 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 28 hours. Mind the row above: over the last 7 days funding on this pair paid +0.209%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended NVDA_24_5-USD	226.27	0.0304	pay 0.0038% / 1h	30m 28s	$668K	$766K	10x
Short	KuCoin NVDAUSDTM	226.56	0.0100	get 0.0100% / 8h	2h 30m	$1.6M	$736K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Extended. 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

Position, each leg$Hold fordaysFee ExtendedbpFee KuCoinbpOrdersPrice spread, now +0.126%Rate

Funding earned: −$42.84
Price spread: +0.126% → +0.054%: $7.18
Slippage, 4 orders: −$61.37
Fee Extended: 2.5 bp × 2 orders: −$5
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$114.02
Costs to cover: 0.784%
Break-even: never at this rate

Slippage from Extended: live order book, 17 min ago; KuCoin: live order book, 10 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Extended live order book, 17 min ago	0.22 bp	7.3 bp −$7	85.2 bp −$852	doesn't fit	doesn't fit
Sell KuCoin live order book, 10 min ago	0.22 bp	30.1 bp −$30	doesn't fit	doesn't fit	doesn't fit

NVDA on 35 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster NVDAUSDT	0.0000%	8h	226.55	+0.124%	$482K	$571K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	226.49	+0.095%	$12.5M	$15.0M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	226.47	+0.086%	$14.2M	$20.4M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	226.46	+0.082%	$7.2M	$9.7M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	226.52	+0.108%	$15.3M	$16.4M	100x	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	226.50	+0.099%	$21K	$410K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.13	−0.064%	$2K	$3.7M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	226.55	+0.122%	$198K	$460K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	226.68	+0.179%	$2.2M	$43K	10x	as long as short
Variational Omni NVDA	+0.0004%	8h	226.39	+0.051%	$3.6M	$2.1M	—	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hotstuff NVDA-PERP	+0.0008%	1h	226.30	+0.011%	$35K	—	20x	as long as short
Aftermath Perps NVDAUSD	+0.0010%	1h	226.35	+0.033%	$117K	$52K	10x	as long as short
Lighter NVDA	+0.0032%	1h	226.47	+0.088%	$2.1M	$3.3M	20x	as long as short
Arcus NVDA-USD	+0.0040%	1h	226.42	+0.064%	$397K	$728K	20x	as long as short
QFEX NVDA-USD	+0.0042%	1h	226.49	+0.095%	$1.3M	$9.1M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	226.56	+0.126%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	226.37	+0.042%	$147.1M	$43.5M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	226.45	+0.077%	$399K	$277K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	226.26	−0.007%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.24	−0.015%	$1.6M	$2.0M	15x	as long as short
Nado NVDA-PERP	+0.0075%	1h	226.37	+0.042%	$481K	$226K	20x	as long as short
Binance NVDAUSDT	+0.0079%	8h	226.53	+0.113%	$154.8M	$218.1M	50x	as long as short
Pacifica NVDA	+0.0100%	1h	226.39	+0.049%	$297K	$50K	10x	as long as short
KuCoin NVDAUSDTMshort	+0.0100%	8h	226.56	+0.126%	$1.6M	$736K	20x
ApeX Omni NVDAUSDT	+0.0100%	1h	226.33	+0.024%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.36	+0.038%	$36K	$21K	20x	as long as short
Lighter RH NVDA	+0.0104%	1h	226.62	+0.152%	$5.1M	$7.1M	20x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	226.40	+0.057%	—	—	10x	as long as short
Phoenix NVDA	+0.0106%	1h	226.40	+0.055%	$93K	$112K	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0128%	1h	226.38	+0.046%	$1.3M	$781K	10x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0192%	1h	226.34	+0.029%	$53K	$1.8M	10x	as long as short
BloFin NVDA-USDT	+0.0198%	8h	226.45	+0.077%	$719K	$191K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.11	+0.369%	$73K	$137	30x	as long as short
Extended NVDA_24_5-USDlong	+0.0304%	1h	226.27	long leg	$668K	$766K	10x
edgeX NVDAUSDC	+0.0809%	4h	226.45	+0.079%	$170K	$1.9M	20x	as long as short