Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.011%

Price spread now: Orderly against KuCoin−0.018%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin NVDAUSDTM	226.13	0.0100	pay 0.0100% / 8h	7h 25m	$1.6M	$990K	20x
Short	Orderly PERP_NVDA_USDC	226.09	0.0100	get 0.0100% / 8h	7h 25m	$36K	$20K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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

Position, each leg$Hold fordaysFee KuCoinbpFee OrderlybpOrdersPrice spread, now −0.018%Rate

Funding earned: $0
Price spread: −0.018% → 0.000%: −$1.77
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$19.77
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 11 min ago; Orderly: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 11 min ago	2.21 bp	23.0 bp −$23	doesn't fit	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit NVDAUSDT	0.0000%	8h	226.07	−0.027%	$12.5M	$14.8M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	226.10	−0.013%	$14.1M	$20.4M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	226.07	−0.027%	$7.2M	$10.0M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	226.18	+0.022%	$15.8M	$15.9M	100x	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	226.19	+0.028%	$21K	$431K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	225.83	−0.133%	$3K	$3.5M	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	0.0000%	1h	226.04	−0.040%	$53K	$1.9M	10x	as long as short
HTX NVDA-USDT	0.0000%	8h	226.28	+0.066%	$198K	$437K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	226.43	+0.133%	$2.2M	$41K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0011%	1h	225.98	−0.064%	$117K	$51K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter NVDA	+0.0032%	1h	226.06	−0.031%	$2.1M	$3.2M	20x	as long as short
Extended NVDA_24_5-USD	+0.0032%	1h	225.93	−0.089%	$640K	$874K	10x	as long as short
Hotstuff NVDA-PERP	+0.0032%	1h	225.97	−0.071%	$35K	—	20x	as long as short
Lighter RH NVDA	+0.0040%	1h	226.23	+0.044%	$5.1M	$7.1M	20x	as long as short
Arcus NVDA-USD	+0.0040%	1h	226.09	−0.018%	$391K	$738K	20x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	226.27	+0.062%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	225.98	−0.066%	$146.7M	$43.6M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	225.95	−0.080%	$390K	$240K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	225.97	−0.071%	$58K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	225.93	−0.088%	$1.6M	$1.9M	15x	as long as short
Nado NVDA-PERP	+0.0052%	1h	226.02	−0.049%	$480K	$222K	20x	as long as short
Aster NVDAUSDT	+0.0061%	8h	226.12	−0.005%	$483K	$544K	20x	as long as short
QFEX NVDA-USD	+0.0072%	1h	226.09	−0.018%	$1.3M	$9.1M	10x	as long as short
Variational Omni NVDA	+0.0086%	8h	226.07	−0.026%	$3.2M	$2.5M	—	as long as short
Pacifica NVDA	+0.0100%	1h	225.96	−0.076%	$297K	$50K	10x	as long as short
KuCoin NVDAUSDTMlong	+0.0100%	8h	226.13	long leg	$1.6M	$990K	20x
ApeX Omni NVDAUSDT	+0.0100%	1h	226.10	−0.013%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDCshort	+0.0100%	8h	226.09	−0.018%	$36K	$20K	20x
Aevo NVDA-PERP	+0.0120%	1h	226.11	−0.010%	—	—	10x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0136%	1h	226.00	−0.057%	$1.3M	$683K	10x	as long as short
Binance NVDAUSDT	+0.0145%	8h	226.14	+0.006%	$155.0M	$221.8M	50x	as long as short
Phoenix NVDA	+0.0212%	1h	226.03	−0.044%	$93K	$83K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	226.54	+0.181%	$73K	$137	30x	as long as short
BloFin NVDA-USDT	+0.0265%	8h	226.13	0.000%	$713K	$199K	20x	as long as short
edgeX NVDAUSDC	+0.0562%	4h	226.11	−0.010%	$171K	$1.9M	20x	as long as short