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

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h −0.019%
Price spread now: Ondo Perps against Extended−0.015%7-day average −0.044% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.029%−$3 on $10k
Price spread, last 4 days (all we have)−0.311%−$31 · spread now −0.015%, 7d avg −0.044%
Together, before fees−0.340%+ Points / potential airdropExtended: Active · Ondo Perps: Active · farm board−$34 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Ondo Perps is 0.029% dearer against Extended than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.044%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended NVDA_24_5-USD226.760.0032pay 0.0004% / 1h2m 38s$640K$873K10x
ShortOndo Perps NVDA-USD.P226.730.0050get 0.0006% / 1h2m 38s$1.6M$1.9M15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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

Funding earned
$3.86
Price spread: −0.015% → −0.044%
$2.87
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$3.26
Costs to cover
0.100%
Break-even
12.9 days
Slippage unknown: Extended: live order book, 30 min ago; Ondo Perps: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 30 min ago0.22 bp3.6 bp −$427.2 bp −$272doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Bybit NVDAUSDT0.0000%8h226.94+0.077%$12.7M$15.1M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h226.94+0.077%$14.2M$20.3M50xas long as short
Gate NVDA_USDT0.0000%8h226.91+0.064%$7.2M$10.1M100xas long as short
Bitget NVDAUSDT0.0000%8h227.00+0.104%$15.7M$16.0M100xas long as short
SunX NVDA-USDT0.0000%8h226.57−0.086%$2K$3.5M20xas long as short
HTX NVDA-USDT0.0000%8h227.00+0.104%$198K$436K30xas long as short
Phemex NVDAUSDT0.0000%4h226.97+0.091%$2.2M$41K10xas long as short
Aftermath Perps NVDAUSD+0.0010%1h226.82+0.023%$117K$51K10xas long as short
Lighter NVDA+0.0032%1h226.90+0.062%$2.1M$3.3M20xas long as short
Extended NVDA_24_5-USDlong+0.0032%1h226.76long leg$640K$873K10x
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus NVDA-USD+0.0040%1h226.90+0.060%$392K$739K20xas long as short
GRVT NVDA_USDT_Perp+0.0044%8h226.92+0.071%$21K$432K10xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.05+0.126%$74K25xas long as short
Hotstuff NVDA-PERP+0.0048%1h226.79+0.011%$35K20xas long as short
tradeXYZ xyz:NVDA+0.0050%1h226.79+0.011%$147.7M$44.8M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h226.81+0.020%$392K$240K10xas long as short
SoDEX NVDA-USD+0.0050%1h226.81+0.020%$59K$19K10xas long as short
Ondo Perps NVDA-USD.Pshort+0.0050%1h226.73−0.015%$1.6M$1.9M15x
Nado NVDA-PERP+0.0071%1h226.80+0.015%$482K$221K20xas long as short
QFEX NVDA-USD+0.0072%1h226.93+0.073%$1.3M$9.1M10xas long as short
Aster NVDAUSDT+0.0078%8h226.96+0.086%$485K$543K20xas long as short
Lighter RH NVDA+0.0080%1h227.05+0.126%$5.1M$7.3M20xas long as short
Pacifica NVDA+0.0100%1h226.77+0.001%$298K$50K10xas long as short
ApeX Omni NVDAUSDT+0.0100%1h226.74−0.011%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h226.90+0.060%$36K$20K20xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0103%1h226.86+0.042%$53K$1.9M10xas long as short
Variational Omni NVDA+0.0105%8h226.92+0.067%$3.2M$2.5Mas long as short
KuCoin NVDAUSDTM+0.0117%8h226.89+0.055%$1.6M$1.1M20xas long as short
Aevo NVDA-PERP+0.0120%1h226.92+0.067%10xas long as short
Coinbase International NVDA-PERP-INTX+0.0136%1h226.48−0.125%$1.3M$682K10xas long as short
Binance NVDAUSDT+0.0164%8h226.99+0.099%$155.6M$223.1M50xas long as short
Phoenix NVDA+0.0212%1h226.84+0.033%$93K$83K20xas long as short
Injective NVDA/USDC PERP+0.0220%1h226.96+0.086%$73K$13930xas long as short
BloFin NVDA-USDT+0.0283%8h226.98+0.095%$712K$202K20xas long as short
edgeX NVDAUSDC+0.0730%4h226.94+0.078%$171K$1.9M20xas long as short