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−0.0188%/8h= −20.6% APRnext payment $0.24 per $10,000 · paid last 24h −0.089%
Price spread now: Hotstuff against Injective−0.176%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 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Hotstuff is 0.176% cheaper against Injective than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective NVDA/USDC PERP227.920.0220pay 0.0028% / 1h59m 01s$73K$13530x
ShortHotstuff NVDA-PERP227.520.0032get 0.0004% / 1h59m 01s$35K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff 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
−$39.48
Price spread: −0.176% → 0.000%
−$17.55
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$62.05
Costs to cover
0.050%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; Hotstuff: 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 Injective no order-book sample
Sell Hotstuff no order-book sample
Injective and Hotstuff: 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
Bybit NVDAUSDT0.0000%8h227.63−0.127%$12.7M$14.8M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h227.66−0.114%$14.4M$20.5M50xas long as short
Gate NVDA_USDT0.0000%8h227.60−0.140%$7.2M$9.6M100xas long as short
Bitget NVDAUSDT0.0000%8h227.67−0.110%$15.5M$16.3M100xas long as short
SunX NVDA-USDT0.0000%8h227.27−0.285%$2K$3.7M20xas long as short
HTX NVDA-USDT0.0000%8h227.71−0.092%$198K$467K30xas long as short
Phemex NVDAUSDT0.0000%4h227.64−0.123%$2.2M$43K10xas long as short
GRVT NVDA_USDT_Perp+0.0002%8h227.59−0.145%$20K$390K10xas long as short
Aftermath Perps NVDAUSD+0.0013%1h227.46−0.202%$118K$54K10xas long as short
Aster NVDAUSDT+0.0027%8h227.68−0.107%$483K$590K20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff NVDA-PERPshort+0.0032%1h227.52−0.176%$35K20x
Arcus NVDA-USD+0.0040%1h227.56−0.158%$399K$741K20xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.75−0.075%$74K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h227.53−0.171%$147.9M$43.5M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h227.60−0.140%$401K$276K10xas long as short
SoDEX NVDA-USD+0.0050%1h227.54−0.167%$58K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h227.42−0.219%$1.6M$2.0M15xas long as short
QFEX NVDA-USD+0.0057%1h227.61−0.136%$1.3M$9.2M10xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0058%1h227.58−0.149%$49K$1.6M10xas long as short
Variational Omni NVDA+0.0060%8h227.67−0.112%$3.5M$2.1Mas long as short
Nado NVDA-PERP+0.0062%1h227.54−0.166%$484K$228K20xas long as short
Lighter NVDA+0.0072%1h227.64−0.122%$2.2M$3.3M20xas long as short
Pacifica NVDA+0.0100%1h227.51−0.180%$299K$51K10xas long as short
ApeX Omni NVDAUSDT+0.0100%1h227.49−0.189%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h227.62−0.132%$36K$21K20xas long as short
Binance NVDAUSDT+0.0111%8h227.66−0.115%$156.1M$215.9M50xas long as short
Aevo NVDA-PERP+0.0112%1h227.64−0.124%10xas long as short
KuCoin NVDAUSDTM+0.0121%8h227.64−0.123%$1.6M$724K20xas long as short
Coinbase International NVDA-PERP-INTX+0.0128%1h227.53−0.171%$1.3M$775K10xas long as short
Lighter RH NVDA+0.0136%1h227.80−0.053%$5.1M$7.1M20xas long as short
Phoenix NVDA+0.0141%1h227.57−0.154%$94K$112K20xas long as short
Injective NVDA/USDC PERPlong+0.0220%1h227.92long leg$73K$13530x
BloFin NVDA-USDT+0.0231%8h227.61−0.136%$722K$201K20xas long as short
Extended NVDA_24_5-USD+0.0280%1h227.50−0.184%$669K$768K10xas long as short
edgeX NVDAUSDC+0.0633%4h227.64−0.123%$171K$1.9M20xas long as short