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+0.0252%/8h= +27.6% APRnext payment +$2.52 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against OKX+0.018%63s7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$9as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$240.245% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.156%+$16 on $10k
Price spread, last 4 days (all we have)−0.057%−$6 · spread now +0.018%, 7d avg +0.004%
Together, before fees+0.100%+$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.004%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.156% in total (about 8.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.52 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX NVDA-USDT-SWAP226.300get 0.0000% / 8h20m 07s$14.1M$20.4M50x
ShortBloFin NVDA-USDT226.340.0252get 0.0252% / 8h20m 07s$713K$195K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against OKX. 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
$53
Price spread: +0.018% → +0.004%
$1.35
Slippage, 4 orders
−$2.49
Fee OKX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
$29.86
Costs to cover
0.245%
Break-even
3.1 days
Slippage from OKX: live order book, 3 min ago; BloFin: live order book, 61 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 OKX live order book, 3 min ago0.22 bp5.9 bp −$67.6 bp −$7619.7 bp −$1,970doesn't fit
Sell BloFin live order book, 61 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%8h226.31+0.004%$12.4M$14.3M100xas long as short
OKX NVDA-USDT-SWAPlong0.0000%8h226.30long leg$14.1M$20.4M50x
Gate NVDA_USDT0.0000%8h226.27−0.013%$7.2M$10.0M100xas long as short
Bitget NVDAUSDT0.0000%8h226.39+0.040%$15.9M$16.7M100xas long as short
SunX NVDA-USDT0.0000%8h225.96−0.150%$3K$3.6M20xas long as short
HTX NVDA-USDT0.0000%8h226.40+0.044%$198K$443K30xas long as short
Phemex NVDAUSDT0.0000%4h226.61+0.137%$2.2M$42K10xas long as short
Aftermath Perps NVDAUSD+0.0017%1h226.05−0.111%$117K$50K10xas long as short
GRVT NVDA_USDT_Perp+0.0031%8h226.23−0.031%$22K$423K10xas long as short
Arcus NVDA-USD+0.0040%1h226.20−0.044%$392K$740K20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest NVDA-USD-PERP+0.0046%1h226.38+0.035%$74K25xas long as short
Aster NVDAUSDT+0.0048%8h226.35+0.024%$482K$530K20xas long as short
SoDEX NVDA-USD+0.0050%1h226.17−0.057%$59K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h226.08−0.097%$1.6M$1.9M15xas long as short
QFEX NVDA-USD+0.0064%1h226.31+0.004%$1.3M$9.1M10xas long as short
Hotstuff NVDA-PERP+0.0072%1h226.14−0.071%$35K20xas long as short
Variational Omni NVDA+0.0073%8h226.31+0.002%$3.5M$2.2Mas long as short
tradeXYZ xyz:NVDA+0.0081%1h226.17−0.057%$146.9M$43.2M20xas long as short
Polymarket Perps NVDA-USD+0.0081%1h226.27−0.013%$391K$247K10xas long as short
Pacifica NVDA+0.0100%1h226.17−0.057%$297K$49K10xas long as short
KuCoin NVDAUSDTM+0.0100%8h226.29−0.004%$1.6M$783K20xas long as short
ApeX Omni NVDAUSDT+0.0100%1h226.03−0.119%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h226.300.000%$36K$21K20xas long as short
Aevo NVDA-PERP+0.0112%1h226.31+0.005%10xas long as short
Coinbase International NVDA-PERP-INTX+0.0120%1h226.09−0.093%$1.3M$697K10xas long as short
Binance NVDAUSDT+0.0133%8h226.33+0.013%$155.3M$219.8M50xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0148%1h226.24−0.027%$53K$1.9M10xas long as short
Lighter NVDA+0.0152%1h226.29−0.006%$2.1M$3.3M20xas long as short
Nado NVDA-PERP+0.0167%1h226.16−0.062%$480K$223K20xas long as short
Phoenix NVDA+0.0177%1h226.13−0.075%$93K$83K20xas long as short
edgeX NVDAUSDC+0.0215%4h226.19−0.049%$170K$1.9M20xas long as short
Injective NVDA/USDC PERP+0.0220%1h226.78+0.212%$73K$13930xas long as short
Lighter RH NVDA+0.0224%1h226.43+0.057%$5.1M$6.9M20xas long as short
BloFin NVDA-USDTshort+0.0252%8h226.34+0.018%$713K$195K20x
Extended NVDA_24_5-USD+0.0320%1h226.07−0.102%$644K$875K10xas long as short