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+0.0074%/8h= +8.1% APRnext payment +$0.09 per $10,000 · paid last 24h +0.038%
Price spread now: Ondo Perps against Hotstuff−0.022%7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · Ondo Perps: Active · farm boardneeds both histories
Funding pays, the price is against you. Ondo Perps is 0.022% cheaper against Hotstuff than usual: you would sell low and buy high (spread −0.022% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 24 hours of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff NVDA-PERP227.35−0.0024get 0.0003% / 1h51m 37s$35K20x
ShortOndo Perps NVDA-USD.P227.300.0050get 0.0006% / 1h51m 37s$1.6M$2.0M15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Hotstuff. 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
$15.62
Price spread: −0.022% → 0.000%
−$2.2
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$3.42
Costs to cover
0.100%
Break-even
5.5 days
Slippage unknown: Hotstuff: no order-book sample; 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 Hotstuff no order-book sample
Sell Ondo Perps no order-book sample
Hotstuff and 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
Hotstuff NVDA-PERPlong−0.0024%1h227.35long leg$35K20x
Bybit NVDAUSDT0.0000%8h227.50+0.066%$12.7M$14.8M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h227.47+0.053%$14.4M$20.5M50xas long as short
Gate NVDA_USDT0.0000%8h227.44+0.040%$7.2M$9.6M100xas long as short
Bitget NVDAUSDT0.0000%8h227.52+0.075%$15.4M$16.3M100xas long as short
GRVT NVDA_USDT_Perp0.0000%8h227.53+0.079%$20K$390K10xas long as short
SunX NVDA-USDT0.0000%8h227.10−0.110%$2K$3.7M20xas long as short
HTX NVDA-USDT0.0000%8h227.71+0.158%$198K$466K30xas long as short
Phemex NVDAUSDT0.0000%4h227.55+0.088%$2.2M$43K10xas long as short
Aftermath Perps NVDAUSD+0.0013%1h227.40+0.024%$118K$53K10xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NVDAUSDT+0.0020%8h227.48+0.055%$483K$590K20xas long as short
Lighter NVDA+0.0040%1h227.47+0.051%$2.2M$3.3M20xas long as short
Arcus NVDA-USD+0.0040%1h227.45+0.044%$399K$741K20xas long as short
QFEX NVDA-USD+0.0041%1h227.46+0.048%$1.3M$9.2M10xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.62+0.119%$74K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h227.350.000%$147.8M$43.4M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h227.50+0.066%$401K$276K10xas long as short
SoDEX NVDA-USD+0.0050%1h227.36+0.004%$58K$19K10xas long as short
Ondo Perps NVDA-USD.Pshort+0.0050%1h227.30−0.022%$1.6M$2.0M15x
Nado NVDA-PERP+0.0052%1h227.38+0.015%$484K$228K20xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0058%1h227.43+0.035%$49K$1.7M10xas long as short
Variational Omni NVDA+0.0058%8h227.54+0.081%$3.6M$2.2Mas long as short
Pacifica NVDA+0.0100%1h227.37+0.009%$298K$51K10xas long as short
ApeX Omni NVDAUSDT+0.0100%1h227.41+0.026%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h227.44+0.040%$36K$21K20xas long as short
Aevo NVDA-PERP+0.0104%1h227.49+0.064%10xas long as short
Binance NVDAUSDT+0.0106%8h227.49+0.064%$156.0M$215.8M50xas long as short
KuCoin NVDAUSDTM+0.0113%8h227.50+0.066%$1.6M$724K20xas long as short
Lighter RH NVDA+0.0120%1h227.62+0.119%$5.1M$7.1M20xas long as short
Coinbase International NVDA-PERP-INTX+0.0128%1h227.53+0.079%$1.3M$775K10xas long as short
Phoenix NVDA+0.0141%1h227.46+0.048%$94K$112K20xas long as short
edgeX NVDAUSDC+0.0174%4h227.50+0.068%$171K$1.9M20xas long as short
Injective NVDA/USDC PERP+0.0220%1h227.92+0.251%$73K$13530xas long as short
BloFin NVDA-USDT+0.0227%8h227.54+0.084%$720K$201K20xas long as short
Extended NVDA_24_5-USD+0.0240%1h227.36+0.004%$675K$777K10xas long as short