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

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0117%/8h= −12.8% APRpaid last 24h −0.025%
Price spread now: KuCoin against Injective−0.172%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 7 days−0.084%−$8 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 −$4 a day on $10k at the current rate, and KuCoin is 0.172% cheaper against Injective than usual: you would sell low and buy high (−$17 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 PERP226.540.0220pay 0.0028% / 1h32m 44s$73K$13730x
ShortKuCoin NVDAUSDTM226.150.0103get 0.0103% / 8h7h 32m$1.6M$953K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$24.57
Price spread: −0.172% → 0.000%
−$17.22
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$53.81
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; KuCoin: live order book, 3 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 KuCoin live order book, 3 min ago2.21 bp21.0 bp −$21doesn't fitdoesn't fitdoesn't fit
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
Bybit NVDAUSDT0.0000%8h226.05−0.216%$12.5M$14.7M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h226.08−0.203%$14.1M$20.3M50xas long as short
Gate NVDA_USDT0.0000%8h226.06−0.212%$7.2M$9.9M100xas long as short
Bitget NVDAUSDT0.0000%8h226.16−0.168%$15.8M$16.1M100xas long as short
GRVT NVDA_USDT_Perp0.0000%8h226.18−0.161%$22K$428K10xas long as short
SunX NVDA-USDT0.0000%8h225.81−0.322%$2K$3.5M20xas long as short
Deribit NVDA_USDC-PERPETUAL0.0000%1h226.07−0.207%$53K$1.9M10xas long as short
HTX NVDA-USDT0.0000%8h226.32−0.097%$198K$437K30xas long as short
Phemex NVDAUSDT0.0000%4h226.41−0.057%$2.2M$41K10xas long as short
Aftermath Perps NVDAUSD+0.0011%1h226.08−0.205%$117K$51K10xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter NVDA+0.0032%1h226.04−0.219%$2.1M$3.2M20xas long as short
Extended NVDA_24_5-USD+0.0032%1h225.99−0.244%$643K$872K10xas long as short
Lighter RH NVDA+0.0040%1h226.21−0.146%$5.1M$7.0M20xas long as short
Arcus NVDA-USD+0.0040%1h226.12−0.185%$391K$738K20xas long as short
Vest NVDA-USD-PERP+0.0046%1h226.29−0.110%$74K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h225.99−0.243%$146.8M$43.2M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h225.99−0.243%$390K$240K10xas long as short
SoDEX NVDA-USD+0.0050%1h226.02−0.230%$58K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h225.97−0.252%$1.6M$1.9M15xas long as short
Nado NVDA-PERP+0.0058%1h226.06−0.210%$480K$222K20xas long as short
Aster NVDAUSDT+0.0069%8h226.15−0.174%$481K$544K20xas long as short
QFEX NVDA-USD+0.0072%1h226.15−0.172%$1.3M$9.1M10xas long as short
Pacifica NVDA+0.0100%1h226.06−0.211%$297K$50K10xas long as short
ApeX Omni NVDAUSDT+0.0100%1h226.13−0.181%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h226.11−0.190%$36K$20K20xas long as short
Variational Omni NVDA+0.0100%8h226.16−0.169%$3.2M$2.5Mas long as short
KuCoin NVDAUSDTMshort+0.0103%8h226.15−0.172%$1.6M$953K20x
Aevo NVDA-PERP+0.0120%1h226.12−0.187%10xas long as short
Coinbase International NVDA-PERP-INTX+0.0136%1h226.09−0.199%$1.3M$688K10xas long as short
Binance NVDAUSDT+0.0155%8h226.11−0.190%$154.9M$221.0M50xas long as short
Hotstuff NVDA-PERP+0.0184%1h226.06−0.212%$35K20xas long as short
Phoenix NVDA+0.0212%1h226.04−0.221%$93K$83K20xas long as short
Injective NVDA/USDC PERPlong+0.0220%1h226.54long leg$73K$13730x
BloFin NVDA-USDT+0.0275%8h226.15−0.172%$715K$198K20xas long as short
edgeX NVDAUSDC+0.0570%4h226.14−0.175%$170K$1.9M20xas long as short