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

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0310%/8h= +33.9% APRnext payment +$0.39 per $10,000 · paid last 24h +0.007%
Price spread now: Extended against Ondo Perps+0.113%7-day average +0.045% · 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 7 days+0.016%+$2 on $10k
Price spread, last 4 days (all we have)−0.032%−$3 · spread now +0.113%, 7d avg +0.045%
Together, before fees−0.015%+ Points / potential airdropOndo Perps: Active · Extended: Active · farm board−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Extended is 0.068% dearer against Ondo Perps than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.045%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.016% in total (about 0.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.39 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
LongOndo Perps NVDA-USD.P226.380.0050pay 0.0006% / 1h11m 48s$1.6M$2.0M15x
ShortExtended NVDA_24_5-USD226.630.0360get 0.0045% / 1h11m 48s$668K$766K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Ondo Perps. 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
$65.02
Price spread: +0.113% → +0.045%
$6.76
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$61.78
Costs to cover
0.100%
Break-even
0.3 days
Slippage unknown: Ondo Perps: no order-book sample; Extended: live order book, 36 min ago. 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 Ondo Perps no order-book sample
Sell Extended live order book, 36 min ago0.22 bp4.1 bp −$442.2 bp −$422doesn't fitdoesn't fit
Ondo Perps: 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 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
Hotstuff NVDA-PERP−0.0016%1h226.52+0.062%$35K20xas long as short
Aster NVDAUSDT0.0000%8h226.70+0.140%$482K$571K20xas long as short
Bybit NVDAUSDT0.0000%8h226.81+0.190%$12.5M$15.0M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h226.79+0.181%$14.3M$20.5M50xas long as short
Gate NVDA_USDT0.0000%8h226.77+0.172%$7.3M$9.8M100xas long as short
Bitget NVDAUSDT0.0000%8h226.80+0.186%$15.3M$16.4M100xas long as short
GRVT NVDA_USDT_Perp0.0000%8h226.59+0.095%$21K$417K10xas long as short
SunX NVDA-USDT0.0000%8h226.51+0.057%$2K$3.7M20xas long as short
HTX NVDA-USDT0.0000%8h226.47+0.040%$198K$458K30xas long as short
Phemex NVDAUSDT0.0000%4h226.75+0.163%$2.2M$42K10xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni NVDA+0.0006%8h226.54+0.070%$3.6M$2.1Mas long as short
Aftermath Perps NVDAUSD+0.0011%1h226.43+0.024%$117K$52K10xas long as short
Arcus NVDA-USD+0.0040%1h226.61+0.102%$398K$734K20xas long as short
QFEX NVDA-USD+0.0042%1h226.75+0.163%$1.3M$9.1M10xas long as short
Vest NVDA-USD-PERP+0.0046%1h226.83+0.199%$74K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h226.69+0.137%$147.3M$43.5M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h226.70+0.141%$398K$278K10xas long as short
SoDEX NVDA-USD+0.0050%1h226.62+0.106%$59K$19K10xas long as short
Ondo Perps NVDA-USD.Plong+0.0050%1h226.38long leg$1.6M$2.0M15x
Lighter NVDA+0.0072%1h226.80+0.185%$2.1M$3.4M20xas long as short
Binance NVDAUSDT+0.0081%8h226.85+0.208%$154.6M$218.8M50xas long as short
Nado NVDA-PERP+0.0082%1h226.65+0.121%$482K$227K20xas long as short
Pacifica NVDA+0.0100%1h226.60+0.097%$297K$48K10xas long as short
KuCoin NVDAUSDTM+0.0100%8h226.69+0.137%$1.6M$742K20xas long as short
ApeX Omni NVDAUSDT+0.0100%1h226.42+0.018%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h226.74+0.159%$36K$21K20xas long as short
Lighter RH NVDA+0.0104%1h226.90+0.230%$5.1M$7.1M20xas long as short
Aevo NVDA-PERP+0.0104%1h226.80+0.185%10xas long as short
Phoenix NVDA+0.0106%1h226.58+0.088%$93K$112K20xas long as short
Coinbase International NVDA-PERP-INTX+0.0128%1h226.29−0.040%$1.3M$789K10xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0191%1h226.71+0.146%$53K$1.8M10xas long as short
BloFin NVDA-USDT+0.0200%8h226.74+0.159%$713K$193K20xas long as short
Injective NVDA/USDC PERP+0.0220%1h226.88+0.221%$73K$13930xas long as short
Extended NVDA_24_5-USDshort+0.0360%1h226.63+0.113%$668K$766K10x
edgeX NVDAUSDC+0.0830%4h226.55+0.074%$170K$1.9M20xas long as short