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

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0200%/8h= +21.9% APRpaid last 24h +0.034%
Price spread now: BloFin against Nado+0.071%7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$350.350% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.027%+$3 on $10k
Price spread, last 4 days (all we have)−0.155%−$16 · spread now +0.071%, 7d avg +0.027%
Together, before fees−0.128%+ Points / potential airdropNado: Active · farm board−$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and BloFin is 0.044% dearer against Nado than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.027%.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.027% in total (about 2.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado NVDA-PERP227.240.0082pay 0.0010% / 1h56m 11s$478K$210K20x
ShortBloFin NVDA-USDT227.400.0282get 0.0282% / 8h5h 56m$726K$203K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Nado. 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
$41.92
Price spread: +0.071% → +0.027%
$4.38
Slippage, 4 orders
−$15.95
Fee Nado: 3.5 bp × 2 orders
−$7
Fee BloFin: 6 bp × 2 orders
−$12
Net
$11.34
Costs to cover
0.350%
Break-even
5.1 days
Slippage from Nado: live order book, 54 min ago; BloFin: live order book, 53 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 Nado live order book, 54 min ago1.10 bp8.6 bp −$919.3 bp −$193doesn't fitdoesn't fit
Sell BloFin live order book, 53 min ago1.10 bp7.1 bp −$77.6 bp −$7615.1 bp −$1,506doesn't fit

NVDA on 35 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff NVDA-PERP−0.1600%1h225.99−0.550%$35K20xas long as short
Bybit NVDAUSDT0.0000%8h227.42+0.080%$12.8M$15.9M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h227.40+0.071%$14.4M$20.4M50xas long as short
Gate NVDA_USDT0.0000%8h227.33+0.040%$7.2M$9.1M100xas long as short
Bitget NVDAUSDT0.0000%8h227.45+0.093%$15.6M$16.1M100xas long as short
SunX NVDA-USDT0.0000%8h226.95−0.127%$3K$3.4M20xas long as short
Deribit NVDA_USDC-PERPETUAL0.0000%1h227.27+0.014%$16K$1.9M10xas long as short
HTX NVDA-USDT0.0000%8h227.46+0.097%$199K$400K30xas long as short
Phemex NVDAUSDT0.0000%4h227.42+0.080%$2.2M$41K10xas long as short
GRVT NVDA_USDT_Perp+0.0012%8h227.39+0.065%$20K$432K10xas long as short
Show all 35 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps NVDAUSD+0.0012%1h227.27+0.012%$118K$52K10xas long as short
Lighter NVDA+0.0032%1h227.32+0.038%$2.1M$3.1M20xas long as short
Extended NVDA_24_5-USD+0.0032%1h227.18−0.025%$613K$940K10xas long as short
Aster NVDAUSDT+0.0037%8h227.25+0.005%$483K$566K20xas long as short
QFEX NVDA-USD+0.0044%1h227.35+0.049%$1.3M$9.0M10xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.53+0.128%$74K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h227.28+0.018%$148.6M$45.9M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h227.26+0.009%$393K$241K10xas long as short
SoDEX NVDA-USD+0.0050%1h227.30+0.027%$59K$16K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h227.08−0.070%$1.5M$1.9M15xas long as short
Lighter RH NVDA+0.0056%1h227.48+0.106%$5.1M$7.1M20xas long as short
Nado NVDA-PERPlong+0.0082%1h227.24long leg$478K$210K20x
Pacifica NVDA+0.0100%1h227.19−0.024%$298K$50K10xas long as short
ApeX Omni NVDAUSDT+0.0100%1h227.22−0.008%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h227.34+0.044%$36K$19K20xas long as short
Phoenix NVDA+0.0106%1h227.26+0.009%$93K$82K20xas long as short
Variational Omni NVDA+0.0108%8h227.26+0.010%$3.3M$2.4Mas long as short
Aevo NVDA-PERP+0.0120%1h227.35+0.051%10xas long as short
KuCoin NVDAUSDTM+0.0129%8h227.31+0.031%$1.6M$1.3M20xas long as short
Coinbase International NVDA-PERP-INTX+0.0136%1h226.45−0.347%$1.3M$657K10xas long as short
Binance NVDAUSDT+0.0162%8h227.42+0.082%$156.0M$224.7M50xas long as short
Injective NVDA/USDC PERP+0.0220%1h227.53+0.128%$73K$13530xas long as short
BloFin NVDA-USDTshort+0.0282%8h227.40+0.071%$726K$203K20x
Arcus NVDA-USD+0.0320%1h227.31+0.031%$384K$704K20xas long as short
edgeX NVDAUSDC+0.0602%4h227.24−0.001%$171K$1.9M20xas long as short