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−0.0192%/8h= −21.0% APRpaid last 24h −0.020%
Price spread now: SunX against Extended−0.097%7-day average −0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$770.767% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.116%−$12 on $10k
Price spread, last 4 days (all we have)−0.010%−$1 · spread now −0.097%, 7d avg −0.072%
Together, before fees−0.126%+ Points / potential airdropExtended: Active · farm board−$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and SunX is 0.025% cheaper against Extended than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.072%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.116% in total (about -6.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended NVDA_24_5-USD227.080.0192pay 0.0024% / 1h29m 07s$672K$780K10x
ShortSunX NVDA-USDT226.860get 0.0000% / 8h3h 29m$2K$3.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$40.32
Price spread: −0.097% → −0.072%
−$2.46
Slippage, 4 orders
−$63.65
Fee Extended: 2.5 bp × 2 orders
−$5
Fee SunX: 4 bp × 2 orders
−$8
Net
−$119.44
Costs to cover
0.767%
Break-even
never at this rate
Slippage from Extended: live order book, 24 min ago; SunX: live order book, 9 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, 24 min ago0.66 bp5.8 bp −$647.7 bp −$477doesn't fitdoesn't fit
Sell SunX live order book, 9 min ago22.02 bp26.0 bp −$2655.6 bp −$556doesn'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%8h227.23+0.066%$12.6M$14.8M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h227.22+0.062%$14.3M$20.4M50xas long as short
Hotstuff NVDA-PERP0.0000%1h227.12+0.018%$35K20xas long as short
Gate NVDA_USDT0.0000%8h227.19+0.048%$7.2M$9.7M100xas long as short
Bitget NVDAUSDT0.0000%8h227.27+0.084%$15.4M$16.4M100xas long as short
GRVT NVDA_USDT_Perp0.0000%8h227.26+0.079%$20K$394K10xas long as short
SunX NVDA-USDTshort0.0000%8h226.86−0.097%$2K$3.7M20x
Deribit NVDA_USDC-PERPETUAL0.0000%1h227.15+0.031%$49K$1.7M10xas long as short
HTX NVDA-USDT0.0000%8h227.28+0.088%$197K$463K30xas long as short
Phemex NVDAUSDT0.0000%4h227.35+0.119%$2.2M$43K10xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps NVDAUSD+0.0011%1h227.08−0.001%$118K$53K10xas long as short
Aster NVDAUSDT+0.0015%8h227.18+0.044%$482K$569K20xas long as short
Lighter NVDA+0.0040%1h227.22+0.060%$2.1M$3.3M20xas long as short
Arcus NVDA-USD+0.0040%1h227.14+0.026%$399K$738K20xas long as short
QFEX NVDA-USD+0.0041%1h227.24+0.070%$1.3M$9.1M10xas long as short
Variational Omni NVDA+0.0043%8h227.27+0.082%$3.6M$2.2Mas long as short
Vest NVDA-USD-PERP+0.0046%1h227.36+0.123%$74K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h227.11+0.013%$147.6M$43.5M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h227.19+0.048%$401K$276K10xas long as short
SoDEX NVDA-USD+0.0050%1h227.14+0.026%$59K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h226.99−0.040%$1.6M$2.0M15xas long as short
Nado NVDA-PERP+0.0058%1h227.16+0.037%$483K$227K20xas long as short
Pacifica NVDA+0.0100%1h227.16+0.035%$298K$50K10xas long as short
ApeX Omni NVDAUSDT+0.0100%1h227.14+0.026%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h227.21+0.057%$36K$21K20xas long as short
KuCoin NVDAUSDTM+0.0101%8h227.26+0.079%$1.6M$728K20xas long as short
Binance NVDAUSDT+0.0102%8h227.24+0.071%$155.8M$216.2M50xas long as short
Aevo NVDA-PERP+0.0104%1h227.23+0.064%10xas long as short
Coinbase International NVDA-PERP-INTX+0.0128%1h227.11+0.013%$1.3M$782K10xas long as short
Lighter RH NVDA+0.0136%1h227.38+0.132%$5.1M$7.1M20xas long as short
Phoenix NVDA+0.0141%1h227.19+0.048%$93K$112K20xas long as short
Extended NVDA_24_5-USDlong+0.0192%1h227.08long leg$672K$780K10x
Injective NVDA/USDC PERP+0.0220%1h227.61+0.233%$73K$13730xas long as short
BloFin NVDA-USDT+0.0222%8h227.26+0.079%$720K$201K20xas long as short
edgeX NVDAUSDC+0.0750%4h227.21+0.059%$170K$1.9M20xas long as short