Funding arb · Price arb / RWA

NVDA

RWAAll NVDA markets →

LONGReya▾Reya −0.0435%BingX −0.0050%Aster 0.0000%Binance 0.0000%Bybit 0.0000%OKX 0.0000%Gate 0.0000%MEXC 0.0000%Variational Omni 0.0000%GRVT 0.0000%Deribit 0.0000%HTX 0.0000%Phemex 0.0000%QFEX 0.0000%AZverse +0.0021%Bitget +0.0024%Arcus +0.0026%Lighter RH +0.0032%Extended +0.0032%Vest Markets +0.0046%Popdex +0.0048%Avantis +0.0050%tradeXYZ +0.0050%Entropy +0.0050%Polymarket Perps +0.0050%SoDEX +0.0050%Ondo Perps +0.0050%Paradex +0.0052%Phoenix +0.0074%Aevo +0.0080%Injective +0.0081%Nado +0.0087%Pacifica +0.0100%ApeX Omni +0.0100%Orderly +0.0100%TxFlow +0.0100%Lighter +0.0112%BloFin +0.0120%Backpack +0.0137%RISEx +0.0162%KuCoin +0.0169%Bullet +0.0179%Aftermath Perps +0.0201%Kraken Futures +0.0292%edgeX +0.0911%

⇄⇅

SHORTSunX▾edgeX +0.0911%Kraken Futures +0.0292%Aftermath Perps +0.0201%Bullet +0.0179%KuCoin +0.0169%RISEx +0.0162%Backpack +0.0137%BloFin +0.0120%Lighter +0.0112%Pacifica +0.0100%ApeX Omni +0.0100%Orderly +0.0100%TxFlow +0.0100%Nado +0.0087%Injective +0.0081%Aevo +0.0080%Phoenix +0.0074%Avantis −0.0055%Paradex +0.0052%Ondo Perps +0.0050%tradeXYZ +0.0050%Entropy +0.0050%Polymarket Perps +0.0050%SoDEX +0.0050%Popdex +0.0048%Vest Markets +0.0046%Lighter RH +0.0032%Extended +0.0032%Arcus +0.0026%Bitget +0.0024%AZverse +0.0021%QFEX 0.0000%Aster 0.0000%Binance 0.0000%Bybit 0.0000%OKX 0.0000%Gate 0.0000%MEXC 0.0000%Variational Omni 0.0000%GRVT 0.0000%SunX 0.0000%Deribit 0.0000%HTX 0.0000%Phemex 0.0000%BingX −0.0050%

Backtest 30d☆

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	ReyaNVDARUSDPERP	214.90	−0.0435	get 0.0054% / 1h	3m 58s	$15K	$148K	7x	Long Reya
SHORT	SunXNVDA-USDT	218.33	0	0.0000% / 8h	4h 03m	$2K	$103K	20x	Short SunX≤10% back

Price gap+1.594%

Funding gap+0.0435% /8h

Both sides work: funding pays +$13 a day on $10k, and the gap is 1.539% above its 7d average: +$154 more if it goes back.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.084% in total, about +0.0040%/8h on average.

Price and funding

Price spreadPricesFundingLeg ratesP&L

1m5m15m1h

1h · history

24H3D7D14D30D90D

Price spread?

Prices?

Funding?per 8h

PRICE SPREAD · 7D

Now+1.594%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D▾

share of time at each level

Funding on every exchange

/8h

24H3D7D14D30D90D

ReyaSunX

NVDA on 46 exchanges

lowest funding first

Before you open

3 ok · 2 to watch

• i
  Note: Order book unknown—

  No order-book sample for Reya: its slippage is not counted.
• i
  Note: Margin at max leverage$1,429 + $500

  Reya 7x, SunX 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
• !
  Watch: Payment intervals differ1h / 8h

  Payments land at different times. Close right after the slower leg pays.

  Long Reya · 1h+$13.04

  Short SunX · 8h$0.00

  now+6h+12h+18h+24h

  Next 24h at the current rates, on $10k a leg: +$13.04Long Reya: 24 payments, +$13.04; short SunX: 3 payments, $0.00.
• ✓
  OK: Entry gap works for you+1.594% vs +0.055%

  You short the dearer leg. If the gap goes back to average, the short gains.
• !
  Watch: Short leg is thinner$2K vs $15K OI

  SunX sets your exit cost. Check its book before closing.
• ✓
  OK: Points on a legReya points

  Volume here counts toward the points program.
• ✓
  OK: No KYC on either legReya No · SunX No

  Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

$10k$100k$1M

Hold for

1 day7 days30 days

Orders

takermaker

Price spread

to 7d avgclosesnot counted

Funding rate

range avgcurrent

Funding earned+0.0040%/8h × 21 periods+$8.36

Price spread+1.594% → +0.055% (7d avg)+$153.95

Slippage, 4 ordersno data for Reya—

Fee Reya bp × 2 orders−$6.00

Fee SunX bp × 2 orders−$8.00

Net, fees only · 7 days · $10k+$148.30

Costs to cover0.140%Break-evenfrom the start

Slippage: Reya: no order-book sample; SunX: live order book, 26 min ago

Cost to enter

taker + slippage from mid, one side

Leg½ spr$10k$100k$1M$5M

BUY · LONGReya—————

SELL · SHORTSunX22.0726.1 bp−$2655.6 bp−$556doesn’t fitdoesn’t fit

Closing costs about the same again.
Reya: no data.

Alert

FundingSpread

Tell me when it goes above%/8hNot more often than everymin

Create alert

FundingPrice spread

I'm in

NVDA news

posts that mention NVDA or Nvidia, from every exchangeSearch all news →

10-28 18:48	Kalshi	Other	JUST IN: The DOJ is examining Nvidia's acquisition of Hugging Face @Kalshi on X ↗
10-28 17:38	QFEX	Other	Max leverage is increased to 20x across the following markets on QFEX $SNDK, $GOOGL, $NVDA, $MU, $SKHY, $INTC, $NBIS, $CRCL, $CBRS, $META, $TSLA, $MRVL, $AAPL, $AMZN, $MSFT, $MSTR and $ANTHROPIC. @QFEX on X ↗
10-28 14:04	Injective	Token	The Injective Stockdrop is LIVE! The $INJ Community BuyBack is complete, nearing 7.3 million INJ burned to-date. Now, for the first time ever, participants can also earn tokenized stocks on Solana. Check the Injective Hub to see if you got in and claim your reward, from Nvidia to Tesla and more. @injective on X ↗
10-28 08:47	BingX	Other	$NOK is gaining momentum as AI takes center stage 🚀 A five-year R&D deal and NVIDIA AI-network progress helped lift Nokia shares 6.34%. Here's what's fueling the rally 👇 @BingXOfficial on X ↗
10-28 00:06	Kalshi	Other	JUST IN: OpenAI plans to buy Google chips to diversify from Nvidia @Kalshi on X ↗
10-27 21:55	Injective	Other	$INJ is featured on @Cointelegraph for our work to bring Nvidia’s AI compute onchain. Brick by brick, Injective is laying the foundation for an entirely new financial paradigm. @injective on X ↗