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

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0156%/8h= −17.1% APRnext payment $0.19 per $10,000 · paid last 24h −0.051%
Price spread now: QFEX against Injective−0.269%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 feesneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and QFEX is 0.269% cheaper against Injective than usual: you would sell low and buy high (−$27 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 PERP227.000.0220pay 0.0028% / 1h39m 45s$73K$13730x
ShortQFEX NVDA-USD226.390.0064get 0.0008% / 1h39m 45s$1.3M$9.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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
−$32.71
Price spread: −0.269% → 0.000%
−$26.87
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$69.6
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; QFEX: live order book, 4 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 QFEX live order book, 4 min ago1.55 bp6.5 bp −$76.5 bp −$6511.9 bp −$1,194doesn'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%8h226.37−0.278%$12.4M$14.3M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h226.34−0.291%$14.1M$20.5M50xas long as short
Gate NVDA_USDT0.0000%8h226.30−0.308%$7.2M$9.9M100xas long as short
Bitget NVDAUSDT0.0000%8h226.42−0.256%$15.8M$16.6M100xas long as short
SunX NVDA-USDT0.0000%8h226.00−0.441%$2K$3.6M20xas long as short
HTX NVDA-USDT0.0000%8h226.39−0.269%$198K$445K30xas long as short
Phemex NVDAUSDT0.0000%4h226.64−0.159%$2.2M$42K10xas long as short
GRVT NVDA_USDT_Perp+0.0015%8h226.35−0.287%$22K$428K10xas long as short
Aftermath Perps NVDAUSD+0.0018%1h226.16−0.370%$117K$51K10xas long as short
Hotstuff NVDA-PERP+0.0032%1h226.28−0.317%$35K20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NVDAUSDT+0.0035%8h226.37−0.278%$482K$530K20xas long as short
Arcus NVDA-USD+0.0040%1h226.32−0.300%$392K$740K20xas long as short
Vest NVDA-USD-PERP+0.0046%1h226.45−0.242%$74K25xas long as short
SoDEX NVDA-USD+0.0050%1h226.26−0.326%$59K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h226.24−0.335%$1.6M$1.9M15xas long as short
Variational Omni NVDA+0.0057%8h226.39−0.268%$3.5M$2.3Mas long as short
QFEX NVDA-USDshort+0.0064%1h226.39−0.269%$1.3M$9.0M10x
tradeXYZ xyz:NVDA+0.0098%1h226.21−0.348%$146.9M$43.0M20xas long as short
Polymarket Perps NVDA-USD+0.0099%1h226.35−0.286%$391K$247K10xas long as short
Pacifica NVDA+0.0100%1h226.22−0.344%$297K$49K10xas long as short
KuCoin NVDAUSDTM+0.0100%8h226.37−0.278%$1.6M$743K20xas long as short
ApeX Omni NVDAUSDT+0.0100%1h226.10−0.396%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h226.37−0.278%$36K$21K20xas long as short
Aevo NVDA-PERP+0.0112%1h226.40−0.266%10xas long as short
Binance NVDAUSDT+0.0120%8h226.36−0.282%$154.4M$218.3M50xas long as short
Coinbase International NVDA-PERP-INTX+0.0120%1h226.09−0.401%$1.3M$699K10xas long as short
Phoenix NVDA+0.0177%1h226.33−0.295%$93K$83K20xas long as short
Lighter NVDA+0.0184%1h226.31−0.306%$2.1M$3.2M20xas long as short
Nado NVDA-PERP+0.0184%1h226.21−0.348%$480K$223K20xas long as short
Injective NVDA/USDC PERPlong+0.0220%1h227.00long leg$73K$13730x
BloFin NVDA-USDT+0.0239%8h226.48−0.229%$710K$195K20xas long as short
Lighter RH NVDA+0.0240%1h226.46−0.238%$5.1M$6.9M20xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0325%1h226.33−0.295%$53K$1.8M10xas long as short
Extended NVDA_24_5-USD+0.0352%1h226.13−0.385%$644K$875K10xas long as short
edgeX NVDAUSDC+0.0547%4h226.38−0.275%$170K$1.9M20xas long as short