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

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC−0.0044%/8h= −4.8% APRnext payment $0.44 per $10,000 · paid last 24h −0.005%
Price spread now: SunX against GRVT−0.156%7-day average −0.117% · you buy dearer than you sell
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$770.772% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.027%−$3 on $10k
Price spread, last 4 days (all we have)−0.069%−$7 · spread now −0.156%, 7d avg −0.117%
Together, before fees−0.096%+ Points / potential airdropGRVT: Active · farm board−$10 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and SunX is 0.039% cheaper against GRVT than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.117%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT NVDA_USDT_Perp226.920.0044pay 0.0044% / 8h7h 02m$21K$432K10x
ShortSunX NVDA-USDT226.570get 0.0000% / 8h7h 02m$2K$3.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against GRVT. 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
−$9.24
Price spread: −0.156% → −0.117%
−$3.91
Slippage, 4 orders
−$60.22
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee SunX: 4 bp × 2 orders
−$8
Net
−$90.36
Costs to cover
0.772%
Break-even
never at this rate
Slippage from GRVT: live order book, 30 min ago; SunX: live order book, 6 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 GRVT live order book, 30 min ago1.33 bp5.8 bp −$68.7 bp −$87doesn't fitdoesn't fit
Sell SunX live order book, 6 min ago22.05 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%8h226.94+0.007%$12.7M$15.1M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h226.94+0.007%$14.2M$20.3M50xas long as short
Gate NVDA_USDT0.0000%8h226.91−0.006%$7.2M$10.1M100xas long as short
Bitget NVDAUSDT0.0000%8h227.00+0.033%$15.7M$16.0M100xas long as short
SunX NVDA-USDTshort0.0000%8h226.57−0.156%$2K$3.5M20x
HTX NVDA-USDT0.0000%8h227.00+0.033%$198K$436K30xas long as short
Phemex NVDAUSDT0.0000%4h226.97+0.020%$2.2M$41K10xas long as short
Aftermath Perps NVDAUSD+0.0010%1h226.82−0.047%$117K$51K10xas long as short
Lighter NVDA+0.0032%1h226.90−0.009%$2.1M$3.3M20xas long as short
Extended NVDA_24_5-USD+0.0032%1h226.76−0.071%$640K$873K10xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus NVDA-USD+0.0040%1h226.90−0.011%$392K$739K20xas long as short
GRVT NVDA_USDT_Perplong+0.0044%8h226.92long leg$21K$432K10x
Vest NVDA-USD-PERP+0.0046%1h227.05+0.055%$74K25xas long as short
Hotstuff NVDA-PERP+0.0048%1h226.79−0.059%$35K20xas long as short
tradeXYZ xyz:NVDA+0.0050%1h226.79−0.059%$147.7M$44.8M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h226.81−0.050%$392K$240K10xas long as short
SoDEX NVDA-USD+0.0050%1h226.81−0.050%$59K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h226.73−0.086%$1.6M$1.9M15xas long as short
Nado NVDA-PERP+0.0071%1h226.80−0.055%$482K$221K20xas long as short
QFEX NVDA-USD+0.0072%1h226.93+0.002%$1.3M$9.1M10xas long as short
Aster NVDAUSDT+0.0078%8h226.96+0.016%$485K$543K20xas long as short
Lighter RH NVDA+0.0080%1h227.05+0.055%$5.1M$7.3M20xas long as short
Pacifica NVDA+0.0100%1h226.77−0.069%$298K$50K10xas long as short
ApeX Omni NVDAUSDT+0.0100%1h226.74−0.081%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h226.90−0.011%$36K$20K20xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0103%1h226.86−0.028%$53K$1.9M10xas long as short
Variational Omni NVDA+0.0105%8h226.92−0.003%$3.2M$2.5Mas long as short
KuCoin NVDAUSDTM+0.0117%8h226.89−0.015%$1.6M$1.1M20xas long as short
Aevo NVDA-PERP+0.0120%1h226.92−0.004%10xas long as short
Coinbase International NVDA-PERP-INTX+0.0136%1h226.48−0.196%$1.3M$682K10xas long as short
Binance NVDAUSDT+0.0164%8h226.99+0.029%$155.6M$223.1M50xas long as short
Phoenix NVDA+0.0212%1h226.84−0.037%$93K$83K20xas long as short
Injective NVDA/USDC PERP+0.0220%1h226.96+0.016%$73K$13930xas long as short
BloFin NVDA-USDT+0.0283%8h226.98+0.024%$712K$202K20xas long as short
edgeX NVDAUSDC+0.0730%4h226.94+0.008%$171K$1.9M20xas long as short