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

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0059%/8h= −6.5% APRnext payment $0.07 per $10,000 · paid last 24h −0.027%
Price spread now: Extended against Nado−0.004%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$330.331% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.015%−$1 on $10k
Price spread, last 3 days (all we have)−0.032%−$3 · spread now −0.004%, 7d avg −0.033%
Together, before fees−0.047%+ Points / potential airdropNado: Active · Extended: Active · farm board−$5 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.030% dearer against Nado than usual: you sell high and buy low (spread −0.004% now, against its 7-day average of −0.033%): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 40 hours. At the pace of the last 3 days (−0.015% in total) that is about 6.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado NVDA-PERP227.340.0091pay 0.0011% / 1h26m 01s$484K$227K20x
ShortExtended NVDA_24_5-USD227.330.0032get 0.0004% / 1h26m 01s$536K$445K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$12.42
Price spread: −0.004% → −0.033%
$2.96
Slippage, 4 orders
−$21.1
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$42.56
Costs to cover
0.331%
Break-even
never at this rate
Slippage from Nado: live order book, 57 min ago; Extended: live order book, 57 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, 57 min ago1.54 bp9.4 bp −$928.5 bp −$285doesn't fitdoesn't fit
Sell Extended live order book, 57 min ago0.22 bp4.9 bp −$522.5 bp −$225doesn'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%8h227.49+0.066%$474K$578K20xas long as short
Bybit NVDAUSDT0.0000%8h227.48+0.062%$12.7M$15.6M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h227.48+0.062%$14.4M$21.2M50xas long as short
Hotstuff NVDA-PERP0.0000%1h227.340.000%$35K20xas long as short
Gate NVDA_USDT0.0000%8h227.42+0.035%$7.2M$9.6M100xas long as short
Variational Omni NVDA0.0000%8h227.46+0.051%$3.5M$2.3Mas long as short
GRVT NVDA_USDT_Perp0.0000%8h227.52+0.081%$20K$435K10xas long as short
SunX NVDA-USDT0.0000%8h227.05−0.127%$2K$4.0M20xas long as short
HTX NVDA-USDT0.0000%8h227.52+0.079%$202K$529K30xas long as short
Phemex NVDAUSDT0.0000%4h227.50+0.070%$2.2M$41K10xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance NVDAUSDT+0.0012%8h227.50+0.070%$156.3M$220.8M50xas long as short
Aftermath Perps NVDAUSD+0.0013%1h227.46+0.051%$118K$55K10xas long as short
Bitget NVDAUSDT+0.0024%8h227.51+0.075%$15.6M$17.8M100xas long as short
Extended NVDA_24_5-USDshort+0.0032%1h227.33−0.004%$536K$445K10x
QFEX NVDA-USD+0.0041%1h227.44+0.044%$1.6M$11.4M10xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.55+0.092%$73K25xas long as short
BloFin NVDA-USDT+0.0047%8h227.49+0.066%$713K$205K20xas long as short
tradeXYZ xyz:NVDA+0.0050%1h227.32−0.009%$147.3M$49.7M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h227.38+0.018%$401K$290K10xas long as short
SoDEX NVDA-USD+0.0050%1h227.33−0.004%$58K$20K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h227.37+0.013%$1.6M$2.1M15xas long as short
Phoenix NVDA+0.0070%1h227.340.000%$93K$112K20xas long as short
Aevo NVDA-PERP+0.0088%1h227.48+0.062%10xas long as short
Nado NVDA-PERPlong+0.0091%1h227.34long leg$484K$227K20x
Coinbase International NVDA-PERP-INTX+0.0096%1h227.01−0.145%$1.3M$888K10xas long as short
Pacifica NVDA+0.0100%1h227.32−0.009%$298K$60K10xas long as short
KuCoin NVDAUSDTM+0.0100%8h227.51+0.075%$1.6M$754K20xas long as short
ApeX Omni NVDAUSDT+0.0100%1h227.33−0.004%$16K$43K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h227.46+0.053%$36K$22K20xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0102%1h227.39+0.022%$49K$1.5M10xas long as short
Lighter RH NVDA+0.0152%1h227.63+0.128%$5.1M$7.2M20xas long as short
Lighter NVDA+0.0176%1h227.50+0.071%$2.1M$3.3M20xas long as short
Injective NVDA/USDC PERP+0.0220%1h228.08+0.326%$73K$13730xas long as short
Arcus NVDA-USD+0.0305%1h227.33−0.004%$400K$723K20xas long as short
edgeX NVDAUSDC+0.0745%4h227.50+0.072%$170K$1.9M20xas long as short