Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Pacifica against Orderly−0.070%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Orderly Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropPacifica: 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: Pacifica is 0.070% cheaper against Orderly than usual: you would sell low and buy high, −$7 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_NVDA_USDC	226.64	0.0100	pay 0.0100% / 8h	2h 19m	$36K	$21K	20x
Short	Pacifica NVDA	226.48	0.0100	get 0.0013% / 1h	19m 18s	$297K	$48K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Orderly. 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

Position, each leg$Hold fordaysFee OrderlybpFee PacificabpOrdersPrice spread, now −0.070%Rate

Funding earned: $0
Price spread: −0.070% → 0.000%: −$6.98
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$20.98
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; Pacifica: live order book, 29 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Orderly no order-book sample	—	—	—	—	—
Sell Pacifica live order book, 29 min ago	1.54 bp	9.1 bp −$9	doesn't fit	doesn't fit	doesn't fit

Orderly: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hotstuff NVDA-PERP	−0.0096%	1h	226.49	−0.066%	$35K	—	20x	as long as short
Aster NVDAUSDT	0.0000%	8h	226.68	+0.018%	$482K	$571K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	226.68	+0.018%	$12.5M	$15.0M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	226.65	+0.004%	$14.2M	$20.5M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	226.65	+0.004%	$7.3M	$9.8M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	226.72	+0.035%	$15.3M	$16.4M	100x	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	226.43	−0.091%	$22K	$412K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.37	−0.119%	$2K	$3.7M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	226.47	−0.075%	$198K	$458K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	226.71	+0.031%	$2.2M	$42K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni NVDA	+0.0006%	8h	226.43	−0.095%	$3.6M	$2.1M	—	as long as short
Aftermath Perps NVDAUSD	+0.0012%	1h	226.29	−0.155%	$117K	$52K	10x	as long as short
Arcus NVDA-USD	+0.0040%	1h	226.44	−0.088%	$398K	$728K	20x	as long as short
QFEX NVDA-USD	+0.0042%	1h	226.62	−0.009%	$1.3M	$9.1M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	226.71	+0.031%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	226.54	−0.044%	$147.2M	$43.5M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	226.61	−0.013%	$398K	$278K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	226.49	−0.066%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.19	−0.199%	$1.6M	$2.0M	15x	as long as short
Lighter NVDA	+0.0056%	1h	226.63	−0.005%	$2.1M	$3.4M	20x	as long as short
Nado NVDA-PERP	+0.0080%	1h	226.52	−0.055%	$482K	$227K	20x	as long as short
Binance NVDAUSDT	+0.0081%	8h	226.72	+0.035%	$154.6M	$218.5M	50x	as long as short
Pacifica NVDAshort	+0.0100%	1h	226.48	−0.070%	$297K	$48K	10x
KuCoin NVDAUSDTM	+0.0100%	8h	226.55	−0.040%	$1.6M	$740K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.27	−0.163%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDClong	+0.0100%	8h	226.64	long leg	$36K	$21K	20x
Lighter RH NVDA	+0.0104%	1h	226.75	+0.049%	$5.1M	$7.1M	20x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	226.67	+0.015%	—	—	10x	as long as short
Phoenix NVDA	+0.0106%	1h	226.31	−0.146%	$93K	$112K	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0128%	1h	226.29	−0.154%	$1.3M	$789K	10x	as long as short
BloFin NVDA-USDT	+0.0201%	8h	226.44	−0.088%	$715K	$191K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	226.71	+0.031%	$73K	$138	30x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0236%	1h	226.62	−0.009%	$53K	$1.8M	10x	as long as short
Extended NVDA_24_5-USD	+0.0352%	1h	226.44	−0.090%	$668K	$766K	10x	as long as short
edgeX NVDAUSDC	+0.0461%	4h	226.45	−0.085%	$170K	$1.9M	20x	as long as short