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

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0112%/8h= +12.3% APRpaid last 24h +0.023%
Price spread now: BloFin against Pacifica+0.087%7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$270.266% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.129%+$13 on $10k
Price spread, last 4 days (all we have)−0.293%−$29 · spread now +0.087%, 7d avg +0.058%
Together, before fees−0.164%+ Points / potential airdropPacifica: Active · farm board−$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BloFin is 0.029% dearer against Pacifica than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.058%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica NVDA227.460.0100pay 0.0013% / 1h34m 50s$299K$60K10x
ShortBloFin NVDA-USDT227.660.0212get 0.0212% / 8h5h 34m$722K$202K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Pacifica. 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
$23.58
Price spread: +0.087% → +0.058%
$2.92
Slippage, 4 orders
−$6.63
Fee Pacifica: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$0.13
Costs to cover
0.266%
Break-even
7.0 days
Slippage from Pacifica: live order book, 28 min ago; BloFin: live order book, 7 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 Pacifica live order book, 28 min ago1.76 bp5.8 bp −$6doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 7 min ago0.22 bp6.2 bp −$66.7 bp −$6711.5 bp −$1,149doesn'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%8h227.62+0.069%$12.7M$14.8M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h227.62+0.069%$14.4M$20.2M50xas long as short
Gate NVDA_USDT0.0000%8h227.59+0.056%$7.2M$9.6M100xas long as short
Bitget NVDAUSDT0.0000%8h227.67+0.091%$15.5M$16.4M100xas long as short
GRVT NVDA_USDT_Perp0.0000%8h227.75+0.126%$20K$384K10xas long as short
SunX NVDA-USDT0.0000%8h227.25−0.093%$2K$3.7M20xas long as short
HTX NVDA-USDT0.0000%8h227.76+0.131%$198K$479K30xas long as short
Phemex NVDAUSDT0.0000%4h227.68+0.096%$2.2M$43K10xas long as short
Aster NVDAUSDT+0.0008%8h227.68+0.096%$483K$590K20xas long as short
Aftermath Perps NVDAUSD+0.0011%1h227.50+0.015%$118K$54K10xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni NVDA+0.0034%8h227.71+0.109%$3.5M$2.1Mas long as short
Hotstuff NVDA-PERP+0.0040%1h227.48+0.008%$35K20xas long as short
Arcus NVDA-USD+0.0040%1h227.72+0.113%$406K$710K20xas long as short
QFEX NVDA-USD+0.0044%1h227.64+0.078%$1.4M$9.7M10xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.72+0.113%$74K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h227.46−0.001%$147.9M$44.2M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h227.58+0.052%$401K$277K10xas long as short
SoDEX NVDA-USD+0.0050%1h227.49+0.012%$58K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h227.45−0.005%$1.6M$2.0M15xas long as short
Coinbase International NVDA-PERP-INTX+0.0072%1h227.46−0.001%$1.3M$776K10xas long as short
Binance NVDAUSDT+0.0092%8h227.67+0.091%$156.2M$215.2M50xas long as short
Pacifica NVDAlong+0.0100%1h227.46long leg$299K$60K10x
ApeX Omni NVDAUSDT+0.0100%1h227.57+0.047%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h227.61+0.065%$36K$22K20xas long as short
Aevo NVDA-PERP+0.0104%1h227.62+0.068%10xas long as short
Phoenix NVDA+0.0105%1h227.63+0.074%$94K$112K20xas long as short
Nado NVDA-PERP+0.0122%1h227.48+0.006%$483K$228K20xas long as short
KuCoin NVDAUSDTM+0.0132%8h227.68+0.096%$1.6M$723K20xas long as short
Lighter NVDA+0.0176%1h227.63+0.075%$2.2M$3.2M20xas long as short
BloFin NVDA-USDTshort+0.0212%8h227.66+0.087%$722K$202K20x
Lighter RH NVDA+0.0216%1h227.75+0.127%$5.1M$7.0M20xas long as short
Injective NVDA/USDC PERP+0.0220%1h227.99+0.232%$73K$13730xas long as short
Extended NVDA_24_5-USD+0.0320%1h227.42−0.019%$689K$716K10xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0366%1h227.59+0.056%$49K$1.6M10xas long as short
edgeX NVDAUSDC+0.0557%4h227.74+0.122%$170K$1.9M20xas long as short