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

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0190%/8h= −20.8% APRpaid last 24h −0.028%
Price spread now: BloFin against Injective−0.263%114s7-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 7 days−0.070%−$7 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and BloFin is 0.263% cheaper against Injective than usual: you would sell low and buy high (−$26 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 114 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.070% in total (about -3.7% 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
LongInjective NVDA/USDC PERP228.080.0220pay 0.0028% / 1h27m 19s$73K$13730x
ShortBloFin NVDA-USDT227.480.0030get 0.0030% / 8h1h 27m$713K$204K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Injective. 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
−$39.82
Price spread: −0.263% → 0.000%
−$26.31
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$78.15
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; BloFin: live order book, 54 min ago. 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 Injective no order-book sample
Sell BloFin live order book, 54 min ago0.22 bp6.8 bp −$77.6 bp −$7613.6 bp −$1,36117.8 bp −$8,879
Injective: 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
Aster NVDAUSDT0.0000%8h227.49−0.259%$474K$578K20xas long as short
Bybit NVDAUSDT0.0000%8h227.49−0.259%$12.7M$15.6M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h227.48−0.263%$14.4M$21.2M50xas long as short
Hotstuff NVDA-PERP0.0000%1h227.36−0.316%$35K20xas long as short
Gate NVDA_USDT0.0000%8h227.44−0.281%$7.2M$9.6M100xas long as short
Variational Omni NVDA0.0000%8h227.46−0.273%$3.5M$2.3Mas long as short
GRVT NVDA_USDT_Perp0.0000%8h227.52−0.244%$20K$435K10xas long as short
SunX NVDA-USDT0.0000%8h227.06−0.447%$2K$4.0M20xas long as short
HTX NVDA-USDT0.0000%8h227.41−0.294%$202K$521K30xas long as short
Phemex NVDAUSDT0.0000%4h227.53−0.241%$2.2M$41K10xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance NVDAUSDT+0.0012%8h227.52−0.246%$156.3M$220.8M50xas long as short
Aftermath Perps NVDAUSD+0.0012%1h227.44−0.282%$118K$55K10xas long as short
Bitget NVDAUSDT+0.0024%8h227.52−0.246%$15.6M$17.8M100xas long as short
BloFin NVDA-USDTshort+0.0030%8h227.48−0.263%$713K$204K20x
Extended NVDA_24_5-USD+0.0032%1h227.31−0.339%$536K$445K10xas long as short
QFEX NVDA-USD+0.0041%1h227.46−0.272%$1.6M$11.4M10xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.55−0.232%$73K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h227.35−0.320%$147.3M$49.7M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h227.39−0.303%$401K$290K10xas long as short
SoDEX NVDA-USD+0.0050%1h227.35−0.320%$58K$20K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h227.37−0.311%$1.6M$2.1M15xas long as short
Phoenix NVDA+0.0070%1h227.34−0.324%$93K$112K20xas long as short
Aevo NVDA-PERP+0.0080%1h227.50−0.253%10xas long as short
Nado NVDA-PERP+0.0090%1h227.37−0.310%$484K$227K20xas long as short
Coinbase International NVDA-PERP-INTX+0.0096%1h227.01−0.469%$1.3M$888K10xas long as short
Pacifica NVDA+0.0100%1h227.35−0.320%$298K$60K10xas long as short
KuCoin NVDAUSDTM+0.0100%8h227.51−0.250%$1.6M$754K20xas long as short
ApeX Omni NVDAUSDT+0.0100%1h227.33−0.329%$16K$43K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h227.49−0.259%$36K$22K20xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0102%1h227.39−0.303%$49K$1.5M10xas long as short
Lighter RH NVDA+0.0152%1h227.65−0.189%$5.1M$7.2M20xas long as short
Lighter NVDA+0.0176%1h227.54−0.237%$2.1M$3.3M20xas long as short
Injective NVDA/USDC PERPlong+0.0220%1h228.08long leg$73K$13730x
Arcus NVDA-USD+0.0305%1h227.35−0.320%$400K$723K20xas long as short
edgeX NVDAUSDC+0.0745%4h227.50−0.252%$170K$1.9M20xas long as short