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

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0010%/8h= −1.1% APRnext payment $0.01 per $10,000 · paid last 24h +0.010%
Price spread now: Ondo Perps against QFEX−0.114%7-day average −0.068% · 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)+0.029%+$3 on $10k
Price spread, last 7 days+0.035%+$4 · spread now −0.114%, 7d avg −0.068%
Together, before fees+0.064%+ Points / potential airdropOndo Perps: Active · farm board+$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Ondo Perps is 0.046% cheaper against QFEX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.068%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX NVDA-USD227.360.0060pay 0.0008% / 1h25m 41s$1.6M$11.5M10x
ShortOndo Perps NVDA-USD.P227.100.0050get 0.0006% / 1h25m 41s$1.6M$2.1M15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
−$2.05
Price spread: −0.114% → −0.068%
−$4.61
Slippage, 4 orders
no order book: not counted
Fee QFEX: 5 bp × 2 orders
−$10
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$21.66
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: QFEX: live order book, 3 min ago; Ondo Perps: 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, 3 min ago1.76 bp6.8 bp −$77.3 bp −$7311.0 bp −$1,103doesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: 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%8h227.37+0.003%$482K$587K20xas long as short
Bybit NVDAUSDT0.0000%8h227.33−0.013%$12.7M$15.4M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h227.31−0.022%$14.4M$21.0M50xas long as short
Gate NVDA_USDT0.0000%8h227.27−0.040%$7.2M$9.7M100xas long as short
Variational Omni NVDA0.0000%8h227.33−0.014%$3.6M$1.9Mas long as short
GRVT NVDA_USDT_Perp0.0000%8h227.47+0.050%$20K$415K10xas long as short
SunX NVDA-USDT0.0000%8h226.83−0.233%$2K$3.9M20xas long as short
HTX NVDA-USDT0.0000%8h227.38+0.009%$198K$522K30xas long as short
Phemex NVDAUSDT0.0000%4h227.34−0.009%$2.2M$42K10xas long as short
Aftermath Perps NVDAUSD+0.0029%1h227.21−0.066%$118K$56K10xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended NVDA_24_5-USD+0.0032%1h227.19−0.073%$536K$446K10xas long as short
Bitget NVDAUSDT+0.0038%8h227.35−0.004%$15.5M$17.7M100xas long as short
Binance NVDAUSDT+0.0041%8h227.34−0.009%$156.2M$220.1M50xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.41+0.022%$74K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h227.20−0.070%$147.8M$48.9M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h227.27−0.040%$401K$289K10xas long as short
SoDEX NVDA-USD+0.0050%1h227.19−0.075%$58K$20K10xas long as short
Ondo Perps NVDA-USD.Pshort+0.0050%1h227.10−0.114%$1.6M$2.1M15x
QFEX NVDA-USDlong+0.0060%1h227.36long leg$1.6M$11.5M10x
Nado NVDA-PERP+0.0071%1h227.22−0.061%$483K$229K20xas long as short
Aevo NVDA-PERP+0.0088%1h227.33−0.013%10xas long as short
Coinbase International NVDA-PERP-INTX+0.0096%1h227.01−0.154%$1.3M$845K10xas long as short
Pacifica NVDA+0.0100%1h227.21−0.067%$298K$60K10xas long as short
KuCoin NVDAUSDTM+0.0100%8h227.44+0.035%$1.6M$743K20xas long as short
ApeX Omni NVDAUSDT+0.0100%1h227.27−0.040%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h227.28−0.035%$36K$22K20xas long as short
Phoenix NVDA+0.0106%1h227.25−0.048%$93K$112K20xas long as short
Arcus NVDA-USD+0.0127%1h227.18−0.079%$399K$724K20xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0146%1h227.30−0.026%$49K$1.4M10xas long as short
Hotstuff NVDA-PERP+0.0152%1h227.20−0.070%$35K20xas long as short
BloFin NVDA-USDT+0.0162%8h227.38+0.009%$718K$204K20xas long as short
Lighter RH NVDA+0.0208%1h227.49+0.057%$5.1M$7.2M20xas long as short
Lighter NVDA+0.0216%1h227.37+0.002%$2.1M$3.3M20xas long as short
Injective NVDA/USDC PERP+0.0220%1h227.73+0.163%$73K$13730xas long as short
edgeX NVDAUSDC+0.0283%4h227.31−0.023%$170K$1.9M20xas long as short