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

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0006%/8h= −0.7% APRnext payment $0.01 per $10,000 · paid last 24h +0.009%
Price spread now: Phoenix against Nado+0.062%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phoenix is 0.062% dearer against Nado than usual: you sell high and buy low, +$6 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado NVDA-PERP226.430.0112pay 0.0014% / 1h19m 36s$478K$209K20x
ShortPhoenix NVDA226.570.0106get 0.0013% / 1h19m 36s$93K$83K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phoenix 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
−$1.31
Price spread: +0.062% → 0.000%
$6.22
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
−$9.09
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Nado: live order book, 31 min ago; Phoenix: 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
LegHalf-spread$10k$100k$1M$5M
Buy Nado live order book, 31 min ago1.10 bp8.6 bp −$919.3 bp −$193doesn't fitdoesn't fit
Sell Phoenix no order-book sample
Phoenix: 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 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
Bybit NVDAUSDT0.0000%8h226.56+0.058%$12.7M$15.5M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h226.57+0.062%$14.3M$20.3M50xas long as short
Gate NVDA_USDT0.0000%8h226.47+0.018%$7.2M$9.5M100xas long as short
Bitget NVDAUSDT0.0000%8h226.63+0.089%$15.6M$15.9M100xas long as short
SunX NVDA-USDT0.0000%8h226.08−0.154%$2K$3.4M20xas long as short
Deribit NVDA_USDC-PERPETUAL0.0000%1h226.40−0.013%$37K$1.9M10xas long as short
HTX NVDA-USDT0.0000%8h226.63+0.089%$198K$400K30xas long as short
Phemex NVDAUSDT0.0000%4h226.68+0.111%$2.2M$41K10xas long as short
Aftermath Perps NVDAUSD+0.0013%1h226.49+0.027%$117K$51K10xas long as short
Extended NVDA_24_5-USD+0.0032%1h226.41−0.011%$617K$929K10xas long as short
Show all 35 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT NVDA_USDT_Perp+0.0040%8h226.64+0.093%$21K$430K10xas long as short
Vest NVDA-USD-PERP+0.0046%1h226.70+0.120%$74K25xas long as short
QFEX NVDA-USD+0.0047%1h226.55+0.053%$1.3M$9.0M10xas long as short
tradeXYZ xyz:NVDA+0.0050%1h226.430.000%$147.7M$45.1M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h226.46+0.014%$391K$240K10xas long as short
SoDEX NVDA-USD+0.0050%1h226.430.000%$59K$17K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h226.30−0.057%$1.6M$1.9M15xas long as short
Aster NVDAUSDT+0.0078%8h226.56+0.059%$484K$565K20xas long as short
Lighter NVDA+0.0080%1h226.52+0.041%$2.1M$3.2M20xas long as short
Pacifica NVDA+0.0100%1h226.37−0.026%$297K$50K10xas long as short
ApeX Omni NVDAUSDT+0.0100%1h226.45+0.009%$16K$45K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h226.56+0.058%$36K$19K20xas long as short
Phoenix NVDAshort+0.0106%1h226.57+0.062%$93K$83K20x
Nado NVDA-PERPlong+0.0112%1h226.43long leg$478K$209K20x
Variational Omni NVDA+0.0114%8h226.54+0.048%$3.3M$2.4Mas long as short
Aevo NVDA-PERP+0.0120%1h226.53+0.044%10xas long as short
Coinbase International NVDA-PERP-INTX+0.0128%1h226.45+0.009%$1.3M$665K10xas long as short
KuCoin NVDAUSDTM+0.0131%8h226.59+0.071%$1.6M$1.2M20xas long as short
Hotstuff NVDA-PERP+0.0152%1h226.430.000%$35K20xas long as short
Binance NVDAUSDT+0.0164%8h226.57+0.064%$155.3M$223.3M50xas long as short
Lighter RH NVDA+0.0176%1h226.70+0.120%$5.1M$7.1M20xas long as short
Injective NVDA/USDC PERP+0.0220%1h227.08+0.287%$73K$13830xas long as short
Arcus NVDA-USD+0.0225%1h226.50+0.031%$383K$703K20xas long as short
BloFin NVDA-USDT+0.0287%8h226.60+0.075%$726K$202K20xas long as short
edgeX NVDAUSDC+0.0693%4h226.54+0.050%$170K$1.9M20xas long as short