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

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0174%/8h= +19.0% APRnext payment +$0.22 per $10,000 · paid last 24h +0.006%
Price spread now: Deribit against Nado+0.028%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$400.398% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.115%+$11 on $10k
Price spread, last 4 days (all we have)−0.063%−$6 · spread now +0.028%, 7d avg −0.012%
Together, before fees+0.052%+ Points / potential airdropNado: Active · farm board+$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Deribit is 0.040% dearer against Nado than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.012%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado NVDA-PERP226.540.0150pay 0.0019% / 1h58m 03s$482K$226K20x
ShortDeribit NVDA_USDC-PERPETUAL226.600.0324get 0.0041% / 1h58m 03s$52K$1.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
$36.53
Price spread: +0.028% → −0.012%
$4
Slippage, 4 orders
−$25.82
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$0.71
Costs to cover
0.398%
Break-even
6.9 days
Slippage from Nado: live order book, 50 min ago; Deribit: live order book, 1 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, 50 min ago1.54 bp10.1 bp −$1025.0 bp −$250doesn't fitdoesn't fit
Sell Deribit live order book, 1 min ago3.75 bp7.7 bp −$88.5 bp −$85doesn't fitdoesn'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%8h226.57+0.017%$482K$571K20xas long as short
Bybit NVDAUSDT0.0000%8h226.65+0.050%$12.5M$15.0M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h226.64+0.046%$14.2M$20.5M50xas long as short
Gate NVDA_USDT0.0000%8h226.62+0.037%$7.2M$9.7M100xas long as short
Bitget NVDAUSDT0.0000%8h226.69+0.068%$15.3M$16.3M100xas long as short
GRVT NVDA_USDT_Perp0.0000%8h226.72+0.080%$21K$416K10xas long as short
SunX NVDA-USDT0.0000%8h226.38−0.069%$2K$3.7M20xas long as short
HTX NVDA-USDT0.0000%8h226.71+0.077%$198K$456K30xas long as short
Phemex NVDAUSDT0.0000%4h226.80+0.117%$2.2M$42K10xas long as short
Variational Omni NVDA+0.0008%8h226.69+0.069%$3.6M$2.1Mas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps NVDAUSD+0.0011%1h226.56+0.011%$117K$52K10xas long as short
Arcus NVDA-USD+0.0040%1h226.61+0.033%$398K$735K20xas long as short
QFEX NVDA-USD+0.0042%1h226.66+0.055%$1.3M$9.1M10xas long as short
Vest NVDA-USD-PERP+0.0046%1h226.72+0.081%$74K25xas long as short
Polymarket Perps NVDA-USD+0.0050%1h226.62+0.037%$398K$279K10xas long as short
SoDEX NVDA-USD+0.0050%1h226.52−0.007%$59K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h226.48−0.025%$1.6M$2.0M15xas long as short
Hotstuff NVDA-PERP+0.0064%1h226.50−0.016%$35K20xas long as short
tradeXYZ xyz:NVDA+0.0067%1h226.51−0.011%$147.2M$43.6M20xas long as short
Binance NVDAUSDT+0.0082%8h226.65+0.050%$154.5M$219.0M50xas long as short
Lighter NVDA+0.0096%1h226.61+0.032%$2.1M$3.3M20xas long as short
Pacifica NVDA+0.0100%1h226.50−0.015%$297K$48K10xas long as short
KuCoin NVDAUSDTM+0.0100%8h226.67+0.059%$1.6M$745K20xas long as short
ApeX Omni NVDAUSDT+0.0100%1h226.52−0.007%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h226.63+0.042%$36K$21K20xas long as short
Aevo NVDA-PERP+0.0104%1h226.66+0.054%10xas long as short
Phoenix NVDA+0.0106%1h226.57+0.015%$93K$112K20xas long as short
Coinbase International NVDA-PERP-INTX+0.0112%1h226.29−0.108%$1.3M$789K10xas long as short
Nado NVDA-PERPlong+0.0150%1h226.54long leg$482K$226K20x
Lighter RH NVDA+0.0192%1h226.74+0.090%$5.1M$6.9M20xas long as short
BloFin NVDA-USDT+0.0201%8h226.64+0.046%$714K$194K20xas long as short
Injective NVDA/USDC PERP+0.0220%1h226.95+0.183%$73K$13530xas long as short
Deribit NVDA_USDC-PERPETUALshort+0.0324%1h226.60+0.028%$52K$1.8M10x
Extended NVDA_24_5-USD+0.0408%1h226.43−0.049%$668K$767K10xas long as short
edgeX NVDAUSDC+0.0931%4h226.70+0.071%$170K$1.9M20xas long as short