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

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: ApeX Omni against Phemex−0.159%77s7-day average · you buy dearer than you sell
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. ApeX Omni is 0.159% cheaper against Phemex than usual: you would sell low and buy high (spread −0.159% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 5.3 days of funding at the current rate (+$3 a day). The two prices were read 77 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex NVDAUSDT226.390get 0.0000% / 4h3h 30m$2.2M$41K10x
ShortApeX Omni NVDAUSDT226.030.0100get 0.0013% / 1h30m 15s$16K$44K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Phemex. 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
$21
Price spread: −0.159% → 0.000%
−$15.9
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$16.9
Costs to cover
0.220%
Break-even
12.6 days
Slippage unknown: Phemex: live order book, 3 min ago; ApeX Omni: no order-book sample. 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 Phemex live order book, 3 min ago0.66 bp30.4 bp −$30doesn't fitdoesn't fitdoesn't fit
Sell ApeX Omni no order-book sample
ApeX Omni: 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
Bybit NVDAUSDT0.0000%8h226.02−0.163%$12.5M$14.7M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h226.06−0.146%$14.1M$20.3M50xas long as short
Gate NVDA_USDT0.0000%8h226.02−0.163%$7.2M$9.9M100xas long as short
Bitget NVDAUSDT0.0000%8h226.10−0.128%$15.8M$15.9M100xas long as short
GRVT NVDA_USDT_Perp0.0000%8h226.18−0.095%$22K$428K10xas long as short
SunX NVDA-USDT0.0000%8h225.76−0.278%$2K$3.5M20xas long as short
Deribit NVDA_USDC-PERPETUAL0.0000%1h225.99−0.177%$53K$1.9M10xas long as short
HTX NVDA-USDT0.0000%8h226.19−0.088%$198K$437K30xas long as short
Phemex NVDAUSDTlong0.0000%4h226.39long leg$2.2M$41K10x
Aftermath Perps NVDAUSD+0.0011%1h226.02−0.163%$117K$52K10xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter NVDA+0.0032%1h226.02−0.162%$2.1M$3.2M20xas long as short
Extended NVDA_24_5-USD+0.0032%1h225.94−0.197%$640K$875K10xas long as short
Lighter RH NVDA+0.0040%1h226.19−0.088%$5.1M$7.1M20xas long as short
Arcus NVDA-USD+0.0040%1h226.05−0.150%$391K$738K20xas long as short
Vest NVDA-USD-PERP+0.0046%1h226.26−0.057%$74K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h225.93−0.203%$146.7M$43.3M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h225.92−0.208%$390K$240K10xas long as short
SoDEX NVDA-USD+0.0050%1h226.03−0.159%$59K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h225.91−0.212%$1.6M$1.9M15xas long as short
Nado NVDA-PERP+0.0054%1h226.01−0.167%$480K$222K20xas long as short
Hotstuff NVDA-PERP+0.0064%1h225.95−0.194%$35K20xas long as short
Aster NVDAUSDT+0.0066%8h226.09−0.134%$483K$544K20xas long as short
QFEX NVDA-USD+0.0072%1h226.08−0.137%$1.3M$9.1M10xas long as short
Variational Omni NVDA+0.0095%8h226.20−0.085%$3.2M$2.5Mas long as short
Pacifica NVDA+0.0100%1h225.98−0.181%$297K$50K10xas long as short
KuCoin NVDAUSDTM+0.0100%8h226.11−0.124%$1.6M$968K20xas long as short
ApeX Omni NVDAUSDTshort+0.0100%1h226.03−0.159%$16K$44K50x
Orderly PERP_NVDA_USDC+0.0100%8h226.06−0.146%$36K$20K20xas long as short
Aevo NVDA-PERP+0.0120%1h226.06−0.147%10xas long as short
Coinbase International NVDA-PERP-INTX+0.0136%1h226.00−0.172%$1.3M$688K10xas long as short
Binance NVDAUSDT+0.0151%8h226.08−0.136%$154.8M$221.1M50xas long as short
edgeX NVDAUSDC+0.0184%4h226.13−0.115%$171K$1.9M20xas long as short
Phoenix NVDA+0.0212%1h226.04−0.155%$93K$83K20xas long as short
Injective NVDA/USDC PERP+0.0220%1h226.54+0.066%$73K$13730xas long as short
BloFin NVDA-USDT+0.0272%8h226.23−0.071%$715K$198K20xas long as short