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

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0108%/8h= −11.8% APRnext payment $0.13 per $10,000 · paid last 24h +0.010%
Price spread now: Pacifica against Extended+0.005%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$320.317% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.064%+$6 on $10k
Price spread, last 4 days (all we have)+0.047%+$5 · spread now +0.005%, 7d avg 0.000%
Together, before fees+0.112%+ Points / potential airdropExtended: Active · Pacifica: Active · farm board+$11 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of 0.000%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.064%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended NVDA_24_5-USD226.660.0208pay 0.0026% / 1h8m 14s$670K$765K10x
ShortPacifica NVDA226.670.0100get 0.0013% / 1h8m 14s$297K$50K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
−$22.68
Price spread: +0.005% → 0.000%
$0.5
Slippage, 4 orders
−$18.74
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$53.93
Costs to cover
0.317%
Break-even
never at this rate
Slippage from Extended: live order book, 45 min ago; Pacifica: live order book, 45 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 Extended live order book, 45 min ago0.66 bp5.8 bp −$647.7 bp −$477doesn't fitdoesn't fit
Sell Pacifica live order book, 45 min ago1.98 bp8.5 bp −$8doesn't fitdoesn't fitdoesn't fit

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%8h226.75+0.042%$12.5M$14.9M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h226.76+0.046%$14.3M$20.5M50xas long as short
Gate NVDA_USDT0.0000%8h226.73+0.033%$7.3M$9.8M100xas long as short
Bitget NVDAUSDT0.0000%8h226.83+0.077%$15.4M$16.4M100xas long as short
GRVT NVDA_USDT_Perp0.0000%8h226.91+0.113%$21K$403K10xas long as short
SunX NVDA-USDT0.0000%8h226.40−0.113%$2K$3.7M20xas long as short
HTX NVDA-USDT0.0000%8h226.87+0.095%$198K$465K30xas long as short
Phemex NVDAUSDT0.0000%4h226.94+0.126%$2.2M$43K10xas long as short
Aster NVDAUSDT+0.0001%8h226.79+0.058%$483K$571K20xas long as short
Aftermath Perps NVDAUSD+0.0012%1h226.72+0.029%$117K$52K10xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni NVDA+0.0022%8h226.80+0.065%$3.6M$2.2Mas long as short
Lighter NVDA+0.0032%1h226.77+0.052%$2.1M$3.3M20xas long as short
Arcus NVDA-USD+0.0040%1h226.76+0.046%$398K$734K20xas long as short
QFEX NVDA-USD+0.0041%1h226.76+0.046%$1.3M$9.1M10xas long as short
Vest NVDA-USD-PERP+0.0046%1h226.86+0.090%$74K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h226.63−0.011%$147.3M$43.4M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h226.73+0.033%$400K$276K10xas long as short
SoDEX NVDA-USD+0.0050%1h226.64−0.007%$59K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h226.56−0.042%$1.6M$2.0M15xas long as short
Nado NVDA-PERP+0.0060%1h226.63−0.012%$482K$227K20xas long as short
Binance NVDAUSDT+0.0087%8h226.81+0.068%$155.2M$216.6M50xas long as short
Pacifica NVDAshort+0.0100%1h226.67+0.005%$297K$50K10x
KuCoin NVDAUSDTM+0.0100%8h226.80+0.064%$1.6M$731K20xas long as short
ApeX Omni NVDAUSDT+0.0100%1h226.74+0.038%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h226.75+0.042%$36K$21K20xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0103%1h226.73+0.033%$49K$1.7M10xas long as short
Aevo NVDA-PERP+0.0104%1h226.77+0.052%10xas long as short
Lighter RH NVDA+0.0128%1h226.94+0.126%$5.1M$7.1M20xas long as short
Coinbase International NVDA-PERP-INTX+0.0128%1h226.66+0.002%$1.3M$781K10xas long as short
Phoenix NVDA+0.0141%1h226.72+0.029%$93K$112K20xas long as short
Hotstuff NVDA-PERP+0.0176%1h226.67+0.007%$35K20xas long as short
Extended NVDA_24_5-USDlong+0.0208%1h226.66long leg$670K$765K10x
BloFin NVDA-USDT+0.0209%8h226.84+0.082%$718K$201K20xas long as short
Injective NVDA/USDC PERP+0.0220%1h227.32+0.293%$73K$13930xas long as short
edgeX NVDAUSDC+0.0271%4h226.93+0.122%$170K$1.9M20xas long as short