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

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.014%
Price spread now: KuCoin against Pacifica+0.099%7-day average +0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$1071.073% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.148%+$15 on $10k
Price spread, last 4 days (all we have)−0.084%−$8 · spread now +0.099%, 7d avg +0.053%
Together, before fees+0.063%+ Points / potential airdropPacifica: Active · farm board+$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and KuCoin is 0.046% dearer against Pacifica than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.053%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica NVDA227.700.0100pay 0.0013% / 1h21m 36s$299K$60K10x
ShortKuCoin NVDAUSDTM227.930.0132get 0.0132% / 8h6h 21m$1.6M$737K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$6.72
Price spread: +0.099% → +0.053%
$4.59
Slippage, 4 orders
−$87.31
Fee Pacifica: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$96
Costs to cover
1.073%
Break-even
107.0 days
Slippage from Pacifica: live order book, 47 min ago; KuCoin: live order book, 9 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, 47 min ago1.98 bp6.0 bp −$6doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 9 min ago1.54 bp18.0 bp −$18doesn't fitdoesn't fitdoesn't fit

NVDA on 34 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%8h227.86+0.068%$12.7M$15.1M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h227.86+0.068%$14.4M$20.3M50xas long as short
Gate NVDA_USDT0.0000%8h227.78+0.033%$7.2M$9.6M100xas long as short
Bitget NVDAUSDT0.0000%8h227.92+0.094%$15.4M$16.3M100xas long as short
SunX NVDA-USDT0.0000%8h227.40−0.134%$2K$3.8M20xas long as short
HTX NVDA-USDT0.0000%8h227.96+0.112%$198K$496K30xas long as short
Phemex NVDAUSDT0.0000%4h227.94+0.103%$2.2M$43K10xas long as short
Aster NVDAUSDT+0.0001%8h227.79+0.037%$484K$581K20xas long as short
Aftermath Perps NVDAUSD+0.0011%1h227.73+0.013%$118K$54K10xas long as short
Variational Omni NVDA+0.0018%8h227.89+0.080%$3.5M$2.0Mas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT NVDA_USDT_Perp+0.0029%8h227.90+0.087%$20K$387K10xas long as short
Arcus NVDA-USD+0.0040%1h227.72+0.007%$400K$723K20xas long as short
QFEX NVDA-USD+0.0045%1h227.85+0.064%$1.4M$10.0M10xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.94+0.103%$74K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h227.73+0.011%$148.2M$44.6M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h227.87+0.072%$402K$277K10xas long as short
SoDEX NVDA-USD+0.0050%1h227.75+0.020%$58K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h227.73+0.011%$1.6M$2.0M15xas long as short
Hotstuff NVDA-PERP+0.0064%1h227.72+0.007%$35K20xas long as short
Coinbase International NVDA-PERP-INTX+0.0072%1h227.46−0.108%$1.3M$786K10xas long as short
Nado NVDA-PERP+0.0084%1h227.74+0.016%$484K$230K20xas long as short
Binance NVDAUSDT+0.0086%8h227.87+0.072%$156.4M$216.0M50xas long as short
Pacifica NVDAlong+0.0100%1h227.70long leg$299K$60K10x
ApeX Omni NVDAUSDT+0.0100%1h227.73+0.011%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h227.88+0.077%$36K$22K20xas long as short
Aevo NVDA-PERP+0.0104%1h227.89+0.080%10xas long as short
Phoenix NVDA+0.0105%1h227.77+0.029%$94K$112K20xas long as short
Lighter NVDA+0.0128%1h227.87+0.072%$2.2M$3.2M20xas long as short
KuCoin NVDAUSDTMshort+0.0132%8h227.93+0.099%$1.6M$737K20x
Lighter RH NVDA+0.0144%1h227.99+0.125%$5.1M$7.0M20xas long as short
Extended NVDA_24_5-USD+0.0160%1h227.66−0.020%$689K$714K10xas long as short
Injective NVDA/USDC PERP+0.0220%1h228.09+0.169%$73K$13830xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0277%1h227.84+0.059%$49K$1.5M10xas long as short
edgeX NVDAUSDC+0.0354%4h227.88+0.078%$170K$1.9M20xas long as short