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

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0060%/8h= −6.6% APRnext payment $0.60 per $10,000 · paid last 24h −0.013%
Price spread now: Binance against KuCoin−0.026%7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$920.917% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.125%−$12 on $10k
Price spread, last 2 days (all we have)+0.116%+$12 · spread now −0.026%, 7d avg +0.016%
Together, before fees−0.009%−$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Binance is 0.042% cheaper against KuCoin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.016%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin NVDAUSDTM227.430.0100pay 0.0100% / 8h23m 51s$1.6M$743K20x
ShortBinance NVDAUSDT227.370.0040get 0.0040% / 8h23m 51s$156.2M$220.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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
−$12.62
Price spread: −0.026% → +0.016%
−$4.23
Slippage, 4 orders
−$69.7
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$108.55
Costs to cover
0.917%
Break-even
never at this rate
Slippage from KuCoin: live order book, 2 min ago; Binance: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 2 min ago4.18 bp58.0 bp −$58doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 5 min ago0.22 bp5.2 bp −$56.1 bp −$6119.7 bp −$1,971doesn't fit

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%8h227.38−0.021%$482K$587K20xas long as short
Bybit NVDAUSDT0.0000%8h227.36−0.031%$12.7M$15.4M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h227.31−0.053%$14.4M$21.0M50xas long as short
Gate NVDA_USDT0.0000%8h227.30−0.057%$7.2M$9.7M100xas long as short
Variational Omni NVDA0.0000%8h227.33−0.044%$3.6M$1.9Mas long as short
GRVT NVDA_USDT_Perp0.0000%8h227.37−0.026%$21K$412K10xas long as short
SunX NVDA-USDT0.0000%8h226.86−0.251%$2K$3.9M20xas long as short
HTX NVDA-USDT0.0000%8h227.44+0.004%$198K$521K30xas long as short
Phemex NVDAUSDT0.0000%4h227.37−0.026%$2.2M$42K10xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0014%1h227.30−0.057%$49K$1.4M10xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps NVDAUSD+0.0028%1h227.22−0.094%$118K$56K10xas long as short
Extended NVDA_24_5-USD+0.0032%1h227.22−0.090%$536K$446K10xas long as short
Bitget NVDAUSDT+0.0036%8h227.38−0.022%$15.5M$17.7M100xas long as short
Binance NVDAUSDTshort+0.0040%8h227.37−0.026%$156.2M$220.2M50x
Vest NVDA-USD-PERP+0.0046%1h227.45+0.009%$74K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h227.22−0.092%$147.8M$48.8M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h227.28−0.066%$401K$289K10xas long as short
SoDEX NVDA-USD+0.0050%1h227.23−0.088%$58K$20K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h227.15−0.123%$1.6M$2.1M15xas long as short
QFEX NVDA-USD+0.0060%1h227.36−0.031%$1.6M$11.5M10xas long as short
Nado NVDA-PERP+0.0068%1h227.27−0.070%$483K$229K20xas long as short
Aevo NVDA-PERP+0.0088%1h227.35−0.036%10xas long as short
Coinbase International NVDA-PERP-INTX+0.0096%1h227.01−0.185%$1.3M$845K10xas long as short
Pacifica NVDA+0.0100%1h227.24−0.085%$298K$60K10xas long as short
KuCoin NVDAUSDTMlong+0.0100%8h227.43long leg$1.6M$743K20x
ApeX Omni NVDAUSDT+0.0100%1h227.27−0.070%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h227.32−0.048%$36K$22K20xas long as short
Phoenix NVDA+0.0106%1h227.26−0.075%$93K$112K20xas long as short
Hotstuff NVDA-PERP+0.0112%1h227.23−0.088%$35K20xas long as short
Arcus NVDA-USD+0.0127%1h227.19−0.106%$399K$724K20xas long as short
BloFin NVDA-USDT+0.0161%8h227.35−0.035%$718K$204K20xas long as short
Lighter RH NVDA+0.0208%1h227.51+0.035%$5.1M$7.2M20xas long as short
Lighter NVDA+0.0216%1h227.38−0.020%$2.1M$3.3M20xas long as short
Injective NVDA/USDC PERP+0.0220%1h227.73+0.132%$73K$13730xas long as short
edgeX NVDAUSDC+0.0283%4h227.31−0.054%$170K$1.9M20xas long as short