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

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0018%/8h= +1.9% APRnext payment +$0.02 per $10,000 · paid last 24h −0.023%
Price spread now: Hotstuff against QFEX−0.031%7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · farm boardneeds both histories
Funding pays, the price is against you. Hotstuff is 0.031% cheaper against QFEX than usual: you would sell low and buy high (spread −0.031% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 5.8 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX NVDA-USD227.140.0030pay 0.0004% / 1h25m 09s$1.6M$11.3M10x
ShortHotstuff NVDA-PERP227.070.0048get 0.0006% / 1h25m 09s$35K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against QFEX. 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
$3.73
Price spread: −0.031% → 0.000%
−$3.08
Slippage, 4 orders
no order book: not counted
Fee QFEX: 5 bp × 2 orders
−$10
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$14.35
Costs to cover
0.150%
Break-even
33.9 days
Slippage unknown: QFEX: live order book, 4 min ago; Hotstuff: 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 QFEX live order book, 4 min ago2.20 bp7.2 bp −$77.8 bp −$7810.7 bp −$1,067doesn't fit
Sell Hotstuff no order-book sample
Hotstuff: 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
Aster NVDAUSDT0.0000%8h227.08−0.028%$473K$550K20xas long as short
Bybit NVDAUSDT0.0000%8h227.11−0.013%$12.7M$15.8M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h227.15+0.004%$14.4M$21.2M50xas long as short
Gate NVDA_USDT0.0000%8h227.11−0.013%$7.2M$9.4M100xas long as short
Variational Omni NVDA0.0000%8h227.19+0.021%$3.5M$2.3Mas long as short
GRVT NVDA_USDT_Perp0.0000%8h227.18+0.016%$21K$468K10xas long as short
SunX NVDA-USDT0.0000%8h226.82−0.141%$2K$4.0M20xas long as short
Deribit NVDA_USDC-PERPETUAL0.0000%1h227.11−0.013%$49K$1.5M10xas long as short
HTX NVDA-USDT0.0000%8h227.20+0.026%$202K$528K30xas long as short
Phemex NVDAUSDT0.0000%4h227.17+0.013%$2.2M$41K10xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance NVDAUSDT+0.0003%8h227.16+0.008%$156.2M$220.6M50xas long as short
BloFin NVDA-USDT+0.0011%8h227.19+0.022%$713K$205K20xas long as short
Aftermath Perps NVDAUSD+0.0013%1h227.06−0.034%$118K$54K10xas long as short
QFEX NVDA-USDlong+0.0030%1h227.14long leg$1.6M$11.3M10x
Lighter RH NVDA+0.0032%1h227.29+0.066%$4.8M$7.0M20xas long as short
Extended NVDA_24_5-USD+0.0032%1h227.04−0.043%$522K$407K10xas long as short
Nado NVDA-PERP+0.0044%1h227.07−0.029%$487K$223K20xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.30+0.070%$73K25xas long as short
Hotstuff NVDA-PERPshort+0.0048%1h227.07−0.031%$35K20x
tradeXYZ xyz:NVDA+0.0050%1h227.02−0.053%$147.1M$50.3M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h227.13−0.004%$390K$235K10xas long as short
SoDEX NVDA-USD+0.0050%1h227.03−0.048%$58K$20K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h226.96−0.079%$1.6M$2.1M15xas long as short
Bitget NVDAUSDT+0.0063%8h227.17+0.013%$15.5M$18.3M100xas long as short
Phoenix NVDA+0.0070%1h227.09−0.022%$93K$112K20xas long as short
Lighter NVDA+0.0072%1h227.20+0.026%$2.1M$3.3M20xas long as short
Aevo NVDA-PERP+0.0080%1h227.14+0.001%10xas long as short
Pacifica NVDA+0.0100%1h227.06−0.037%$298K$60K10xas long as short
KuCoin NVDAUSDTM+0.0100%8h227.16+0.009%$1.6M$752K20xas long as short
ApeX Omni NVDAUSDT+0.0100%1h227.11−0.013%$16K$43K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h227.12−0.009%$36K$22K20xas long as short
Coinbase International NVDA-PERP-INTX+0.0112%1h227.01−0.057%$1.3M$911K10xas long as short
Injective NVDA/USDC PERP+0.0220%1h227.48+0.150%$73K$13630xas long as short
Arcus NVDA-USD+0.0419%1h227.13−0.004%$395K$683K20xas long as short
edgeX NVDAUSDC+0.0879%4h227.19+0.022%$170K$1.9M20xas long as short