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+0.0031%/8h= +3.4% APRpaid last 24h +0.012%
Price spread now: BloFin against Lighter RH−0.018%91s7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$8as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$160.159% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.082%+$8 on $10k
Price spread, last 4 days (all we have)−0.089%−$9 · spread now −0.018%, 7d avg −0.048%
Together, before fees−0.008%+ Points / potential airdropLighter RH: Points live · farm board−$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.030% dearer against Lighter RH than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.048%. The two prices were read 91 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH NVDA226.400.0224pay 0.0028% / 1h15m 31s$5.1M$7.0M20x
ShortBloFin NVDA-USDT226.360.0255get 0.0255% / 8h15m 31s$712K$195K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Lighter RH. 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
$6.45
Price spread: −0.018% → −0.048%
$3.02
Slippage, 4 orders
−$3.87
Fee Lighter RH: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$6.4
Costs to cover
0.159%
Break-even
13.9 days
Slippage from Lighter RH: live order book, 3 min ago; BloFin: live order book, 66 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 Lighter RH live order book, 3 min ago0.88 bp1.7 bp −$24.0 bp −$4034.1 bp −$3,405doesn't fit
Sell BloFin live order book, 66 min ago0.66 bp6.7 bp −$77.0 bp −$7013.2 bp −$1,324doesn'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
Bybit NVDAUSDT0.0000%8h226.30−0.044%$12.4M$14.3M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h226.37−0.013%$14.1M$20.4M50xas long as short
Hotstuff NVDA-PERP0.0000%1h226.16−0.106%$35K20xas long as short
Gate NVDA_USDT0.0000%8h226.29−0.049%$7.2M$10.0M100xas long as short
Bitget NVDAUSDT0.0000%8h226.41+0.004%$15.9M$16.7M100xas long as short
SunX NVDA-USDT0.0000%8h225.95−0.199%$2K$3.6M20xas long as short
HTX NVDA-USDT0.0000%8h226.400.000%$198K$443K30xas long as short
Phemex NVDAUSDT0.0000%4h226.62+0.097%$2.2M$42K10xas long as short
Aftermath Perps NVDAUSD+0.0016%1h226.08−0.142%$117K$50K10xas long as short
GRVT NVDA_USDT_Perp+0.0035%8h226.32−0.034%$21K$423K10xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus NVDA-USD+0.0040%1h226.26−0.062%$392K$738K20xas long as short
Vest NVDA-USD-PERP+0.0046%1h226.36−0.018%$74K25xas long as short
SoDEX NVDA-USD+0.0050%1h226.20−0.088%$59K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h226.07−0.146%$1.6M$1.9M15xas long as short
Aster NVDAUSDT+0.0052%8h226.31−0.040%$482K$530K20xas long as short
QFEX NVDA-USD+0.0064%1h226.30−0.044%$1.3M$9.1M10xas long as short
Variational Omni NVDA+0.0077%8h226.31−0.040%$3.5M$2.2Mas long as short
Polymarket Perps NVDA-USD+0.0077%1h226.29−0.049%$391K$247K10xas long as short
tradeXYZ xyz:NVDA+0.0082%1h226.16−0.106%$146.9M$43.2M20xas long as short
Pacifica NVDA+0.0100%1h226.16−0.106%$297K$49K10xas long as short
KuCoin NVDAUSDTM+0.0100%8h226.34−0.027%$1.6M$796K20xas long as short
ApeX Omni NVDAUSDT+0.0100%1h226.14−0.115%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h226.30−0.044%$36K$21K20xas long as short
Aevo NVDA-PERP+0.0112%1h226.34−0.026%10xas long as short
Coinbase International NVDA-PERP-INTX+0.0120%1h226.09−0.137%$1.3M$697K10xas long as short
Binance NVDAUSDT+0.0137%8h226.33−0.029%$155.3M$219.8M50xas long as short
Lighter NVDA+0.0152%1h226.26−0.063%$2.1M$3.3M20xas long as short
Nado NVDA-PERP+0.0168%1h226.19−0.093%$480K$223K20xas long as short
Phoenix NVDA+0.0177%1h226.19−0.093%$93K$83K20xas long as short
Injective NVDA/USDC PERP+0.0220%1h226.78+0.168%$73K$13930xas long as short
Lighter RH NVDAlong+0.0224%1h226.40long leg$5.1M$7.0M20x
BloFin NVDA-USDTshort+0.0255%8h226.36−0.018%$712K$195K20x
Extended NVDA_24_5-USD+0.0328%1h226.04−0.157%$644K$875K10xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0369%1h226.28−0.053%$53K$1.9M10xas long as short
edgeX NVDAUSDC+0.0800%4h226.35−0.021%$170K$1.9M20xas long as short