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

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0170%/8h= −18.6% APRnext payment $0.21 per $10,000 · paid last 24h −0.051%
Price spread now: SoDEX against Injective−0.412%62s7-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 3 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 SoDEX is 0.412% cheaper against Injective than usual: you would sell low and buy high (−$41 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 62 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective NVDA/USDC PERP228.380.0220pay 0.0028% / 1h33m 43s$73K$13630x
ShortSoDEX NVDA-USD227.440.0050get 0.0006% / 1h33m 43s$58K$20K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$35.7
Price spread: −0.412% → 0.000%
−$41.16
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$84.88
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; SoDEX: 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 SoDEX no order-book sample
Injective and SoDEX: 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%8h227.60−0.343%$483K$586K20xas long as short
Bybit NVDAUSDT0.0000%8h227.57−0.355%$12.7M$15.3M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h227.58−0.350%$14.4M$20.6M50xas long as short
Gate NVDA_USDT0.0000%8h227.55−0.363%$7.2M$9.7M100xas long as short
Variational Omni NVDA0.0000%8h227.70−0.298%$3.6M$1.9Mas long as short
SunX NVDA-USDT0.0000%8h227.19−0.521%$2K$3.8M20xas long as short
Deribit NVDA_USDC-PERPETUAL0.0000%1h227.56−0.359%$49K$1.4M10xas long as short
HTX NVDA-USDT0.0000%8h227.77−0.267%$198K$512K30xas long as short
Phemex NVDAUSDT0.0000%4h227.62−0.333%$2.2M$42K10xas long as short
Aftermath Perps NVDAUSD+0.0017%1h227.49−0.391%$118K$55K10xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT NVDA_USDT_Perp+0.0021%8h227.66−0.313%$21K$397K10xas long as short
Extended NVDA_24_5-USD+0.0032%1h227.44−0.412%$532K$465K10xas long as short
Bitget NVDAUSDT+0.0040%8h227.63−0.328%$15.5M$16.9M100xas long as short
Arcus NVDA-USD+0.0040%1h227.47−0.398%$400K$724K20xas long as short
QFEX NVDA-USD+0.0042%1h227.55−0.363%$1.6M$11.2M10xas long as short
Binance NVDAUSDT+0.0045%8h227.62−0.333%$156.4M$217.3M50xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.71−0.293%$74K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h227.43−0.416%$147.8M$46.7M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h227.57−0.355%$402K$289K10xas long as short
SoDEX NVDA-USDshort+0.0050%1h227.44−0.412%$58K$20K10x
Ondo Perps NVDA-USD.P+0.0050%1h227.39−0.433%$1.6M$2.0M15xas long as short
Nado NVDA-PERP+0.0076%1h227.49−0.391%$484K$229K20xas long as short
Coinbase International NVDA-PERP-INTX+0.0080%1h227.46−0.403%$1.3M$800K10xas long as short
Aevo NVDA-PERP+0.0096%1h227.60−0.340%10xas long as short
Pacifica NVDA+0.0100%1h227.45−0.405%$298K$60K10xas long as short
ApeX Omni NVDAUSDT+0.0100%1h227.54−0.368%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h227.60−0.342%$36K$22K20xas long as short
Phoenix NVDA+0.0106%1h227.53−0.372%$94K$112K20xas long as short
KuCoin NVDAUSDTM+0.0123%8h227.65−0.320%$1.6M$742K20xas long as short
Lighter NVDA+0.0128%1h227.62−0.332%$2.2M$3.2M20xas long as short
Lighter RH NVDA+0.0136%1h227.73−0.285%$5.1M$7.1M20xas long as short
BloFin NVDA-USDT+0.0166%8h227.63−0.328%$717K$206K20xas long as short
Hotstuff NVDA-PERP+0.0184%1h227.45−0.407%$35K20xas long as short
Injective NVDA/USDC PERPlong+0.0220%1h228.38long leg$73K$13630x
edgeX NVDAUSDC+0.0415%4h227.60−0.341%$170K$1.9M20xas long as short