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

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0126%/8h= +13.8% APRnext payment +$1.26 per $10,000 · paid last 24h +0.044%
Price spread now: KuCoin against Gate+0.048%7-day average +0.023% · 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−$59as in the Price arb table
costs, in and out, $10k−$620.619% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.371%+$37 on $10k
Price spread, last 7 days−0.039%−$4 · spread now +0.048%, 7d avg +0.023%
Together, before fees+0.332%+$33 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and KuCoin is 0.025% dearer against Gate than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.023%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate NVDA_USDT227.610get 0.0000% / 8h6h 03m$7.2M$9.6M100x
ShortKuCoin NVDAUSDTM227.720.0126get 0.0126% / 8h6h 03m$1.6M$731K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Gate. 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
$26.46
Price spread: +0.048% → +0.023%
$2.48
Slippage, 4 orders
−$34.88
Fee Gate: 7.5 bp × 2 orders
−$15
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$32.93
Costs to cover
0.619%
Break-even
15.7 days
Slippage from Gate: live order book, 5 min ago; KuCoin: live order book, 2 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 Gate live order book, 5 min ago0.22 bp12.1 bp −$1219.8 bp −$198doesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago1.54 bp15.7 bp −$16doesn't fitdoesn'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%8h227.72+0.049%$484K$590K20xas long as short
Bybit NVDAUSDT0.0000%8h227.68+0.031%$12.7M$14.9M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h227.67+0.026%$14.4M$20.2M50xas long as short
Gate NVDA_USDTlong0.0000%8h227.61long leg$7.2M$9.6M100x
Bitget NVDAUSDT0.0000%8h227.71+0.044%$15.4M$16.3M100xas long as short
GRVT NVDA_USDT_Perp0.0000%8h227.68+0.031%$20K$389K10xas long as short
SunX NVDA-USDT0.0000%8h227.20−0.180%$2K$3.7M20xas long as short
HTX NVDA-USDT0.0000%8h227.84+0.101%$198K$483K30xas long as short
Phemex NVDAUSDT0.0000%4h227.76+0.066%$2.2M$43K10xas long as short
Aftermath Perps NVDAUSD+0.0015%1h227.54−0.030%$118K$54K10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni NVDA+0.0021%8h227.73+0.051%$3.5M$2.1Mas long as short
Arcus NVDA-USD+0.0040%1h227.71+0.044%$406K$712K20xas long as short
QFEX NVDA-USD+0.0045%1h227.67+0.026%$1.4M$9.8M10xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.80+0.083%$74K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h227.53−0.035%$148.1M$44.3M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h227.610.000%$402K$277K10xas long as short
SoDEX NVDA-USD+0.0050%1h227.52−0.040%$58K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h227.49−0.053%$1.6M$2.0M15xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0058%1h227.58−0.013%$49K$1.5M10xas long as short
Hotstuff NVDA-PERP+0.0072%1h227.53−0.035%$35K20xas long as short
Coinbase International NVDA-PERP-INTX+0.0072%1h227.46−0.066%$1.3M$776K10xas long as short
Nado NVDA-PERP+0.0080%1h227.56−0.020%$484K$229K20xas long as short
Binance NVDAUSDT+0.0082%8h227.70+0.040%$156.3M$215.3M50xas long as short
Pacifica NVDA+0.0100%1h227.55−0.026%$299K$60K10xas long as short
ApeX Omni NVDAUSDT+0.0100%1h227.59−0.009%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h227.64+0.013%$36K$22K20xas long as short
Aevo NVDA-PERP+0.0104%1h227.65+0.019%10xas long as short
Phoenix NVDA+0.0105%1h227.60−0.004%$94K$112K20xas long as short
Lighter NVDA+0.0120%1h227.68+0.032%$2.2M$3.2M20xas long as short
KuCoin NVDAUSDTMshort+0.0126%8h227.72+0.048%$1.6M$731K20x
Lighter RH NVDA+0.0136%1h227.82+0.092%$5.1M$7.1M20xas long as short
Extended NVDA_24_5-USD+0.0160%1h227.53−0.035%$689K$714K10xas long as short
Injective NVDA/USDC PERP+0.0220%1h228.04+0.189%$73K$13930xas long as short
edgeX NVDAUSDC+0.0440%4h227.73+0.052%$170K$1.9M20xas long as short