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

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0052%/8h= +5.7% APRnext payment +$0.06 per $10,000 · paid last 24h +0.033%
Price spread now: Deribit against SoDEX+0.035%7-day average · you sell dearer than you buy
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 feesneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Deribit is 0.035% dearer against SoDEX than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX NVDA-USD227.450.0050pay 0.0006% / 1h53m 18s$58K$20K10x
ShortDeribit NVDA_USDC-PERPETUAL227.530.0102get 0.0013% / 1h53m 18s$49K$1.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against SoDEX. 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
$10.86
Price spread: +0.035% → 0.000%
$3.52
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$0.62
Costs to cover
0.150%
Break-even
7.4 days
Slippage unknown: SoDEX: no order-book sample; Deribit: live order book, 1 min ago. 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 SoDEX no order-book sample
Sell Deribit live order book, 1 min ago3.95 bp7.5 bp −$79.1 bp −$91doesn't fitdoesn't fit
SoDEX: 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%8h227.56+0.049%$483K$586K20xas long as short
Bybit NVDAUSDT0.0000%8h227.65+0.088%$12.7M$15.3M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h227.62+0.075%$14.4M$20.7M50xas long as short
Gate NVDA_USDT0.0000%8h227.56+0.048%$7.2M$9.6M100xas long as short
Variational Omni NVDA0.0000%8h227.56+0.050%$3.6M$1.9Mas long as short
GRVT NVDA_USDT_Perp0.0000%8h227.64+0.084%$20K$406K10xas long as short
SunX NVDA-USDT0.0000%8h227.14−0.136%$2K$3.9M20xas long as short
HTX NVDA-USDT0.0000%8h227.48+0.013%$197K$516K30xas long as short
Phemex NVDAUSDT0.0000%4h227.66+0.092%$2.2M$42K10xas long as short
Aftermath Perps NVDAUSD+0.0015%1h227.45+0.002%$118K$56K10xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget NVDAUSDT+0.0027%8h227.68+0.101%$15.5M$17.1M100xas long as short
Extended NVDA_24_5-USD+0.0032%1h227.47+0.007%$535K$447K10xas long as short
Binance NVDAUSDT+0.0035%8h227.66+0.093%$156.4M$218.7M50xas long as short
Arcus NVDA-USD+0.0040%1h227.46+0.004%$400K$724K20xas long as short
QFEX NVDA-USD+0.0042%1h227.56+0.048%$1.6M$11.4M10xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.71+0.114%$74K25xas long as short
SoDEX NVDA-USDlong+0.0050%1h227.45long leg$58K$20K10x
Ondo Perps NVDA-USD.P+0.0050%1h227.46+0.004%$1.6M$2.0M15xas long as short
Nado NVDA-PERP+0.0057%1h227.57+0.052%$484K$229K20xas long as short
Polymarket Perps NVDA-USD+0.0057%1h227.58+0.057%$402K$289K10xas long as short
Coinbase International NVDA-PERP-INTX+0.0080%1h227.46+0.004%$1.3M$823K10xas long as short
Aevo NVDA-PERP+0.0088%1h227.58+0.059%10xas long as short
Pacifica NVDA+0.0100%1h227.50+0.022%$298K$60K10xas long as short
ApeX Omni NVDAUSDT+0.0100%1h227.44−0.004%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h227.62+0.075%$36K$22K20xas long as short
Deribit NVDA_USDC-PERPETUALshort+0.0102%1h227.53+0.035%$49K$1.4M10x
Lighter NVDA+0.0104%1h227.69+0.106%$2.2M$3.2M20xas long as short
Phoenix NVDA+0.0106%1h227.48+0.013%$94K$112K20xas long as short
tradeXYZ xyz:NVDA+0.0108%1h227.50+0.022%$148.0M$46.8M20xas long as short
KuCoin NVDAUSDTM+0.0117%8h227.62+0.075%$1.6M$742K20xas long as short
Lighter RH NVDA+0.0136%1h227.81+0.158%$5.1M$7.1M20xas long as short
BloFin NVDA-USDT+0.0139%8h227.63+0.079%$714K$205K20xas long as short
Injective NVDA/USDC PERP+0.0220%1h227.89+0.193%$73K$13530xas long as short
Hotstuff NVDA-PERP+0.0288%1h227.48+0.013%$35K20xas long as short
edgeX NVDAUSDC+0.0387%4h227.61+0.071%$170K$1.9M20xas long as short