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

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0241%/8h= +26.4% APRnext payment +$2.41 per $10,000 · paid last 24h +0.053%
Price spread now: BloFin against SunX+0.181%7-day average +0.129% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$780.777% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.309%+$31 on $10k
Price spread, last 4 days (all we have)−0.090%−$9 · spread now +0.181%, 7d avg +0.129%
Together, before fees+0.219%+$22 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.052% dearer against SunX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.129%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX NVDA-USDT225.980get 0.0000% / 8h39m 08s$2K$3.6M20x
ShortBloFin NVDA-USDT226.390.0241get 0.0241% / 8h39m 08s$710K$195K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against SunX. 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
$50.65
Price spread: +0.181% → +0.129%
$5.2
Slippage, 4 orders
−$57.71
Fee SunX: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$21.86
Costs to cover
0.777%
Break-even
10.0 days
Slippage from SunX: live order book, 9 min ago; BloFin: live order book, 42 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 9 min ago21.89 bp38.5 bp −$3867.8 bp −$678doesn't fitdoesn't fit
Sell BloFin live order book, 42 min ago0.66 bp6.7 bp −$77.0 bp −$7013.2 bp −$1,324doesn't fit

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%8h226.38+0.177%$12.4M$14.3M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h226.39+0.181%$14.1M$20.5M50xas long as short
Gate NVDA_USDT0.0000%8h226.29+0.137%$7.2M$9.9M100xas long as short
Bitget NVDAUSDT0.0000%8h226.41+0.190%$15.8M$16.6M100xas long as short
SunX NVDA-USDTlong0.0000%8h225.98long leg$2K$3.6M20x
HTX NVDA-USDT0.0000%8h226.39+0.181%$198K$445K30xas long as short
Phemex NVDAUSDT0.0000%4h226.61+0.279%$2.2M$42K10xas long as short
Aftermath Perps NVDAUSD+0.0018%1h226.16+0.081%$117K$51K10xas long as short
GRVT NVDA_USDT_Perp+0.0020%8h226.43+0.198%$22K$428K10xas long as short
Hotstuff NVDA-PERP+0.0032%1h226.26+0.124%$35K20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NVDAUSDT+0.0035%8h226.37+0.173%$482K$530K20xas long as short
Arcus NVDA-USD+0.0040%1h226.31+0.146%$392K$740K20xas long as short
Vest NVDA-USD-PERP+0.0046%1h226.40+0.186%$74K25xas long as short
SoDEX NVDA-USD+0.0050%1h226.22+0.106%$59K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h226.24+0.115%$1.6M$1.9M15xas long as short
Variational Omni NVDA+0.0057%8h226.39+0.182%$3.5M$2.3Mas long as short
QFEX NVDA-USD+0.0064%1h226.33+0.155%$1.3M$9.0M10xas long as short
tradeXYZ xyz:NVDA+0.0098%1h226.20+0.097%$146.9M$43.0M20xas long as short
Polymarket Perps NVDA-USD+0.0100%1h226.31+0.146%$391K$247K10xas long as short
Pacifica NVDA+0.0100%1h226.18+0.089%$297K$49K10xas long as short
KuCoin NVDAUSDTM+0.0100%8h226.38+0.177%$1.6M$743K20xas long as short
ApeX Omni NVDAUSDT+0.0100%1h226.19+0.093%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h226.32+0.150%$36K$21K20xas long as short
Aevo NVDA-PERP+0.0112%1h226.34+0.161%10xas long as short
Coinbase International NVDA-PERP-INTX+0.0120%1h226.09+0.049%$1.3M$699K10xas long as short
Binance NVDAUSDT+0.0121%8h226.43+0.198%$154.5M$218.3M50xas long as short
Phoenix NVDA+0.0177%1h226.33+0.155%$93K$83K20xas long as short
Nado NVDA-PERP+0.0183%1h226.19+0.094%$480K$223K20xas long as short
Lighter NVDA+0.0184%1h226.30+0.142%$2.1M$3.2M20xas long as short
Injective NVDA/USDC PERP+0.0220%1h227.00+0.451%$73K$13730xas long as short
Lighter RH NVDA+0.0240%1h226.46+0.212%$5.1M$6.9M20xas long as short
BloFin NVDA-USDTshort+0.0241%8h226.39+0.181%$710K$195K20x
Deribit NVDA_USDC-PERPETUAL+0.0325%1h226.25+0.119%$53K$1.8M10xas long as short
Extended NVDA_24_5-USD+0.0352%1h226.07+0.042%$644K$875K10xas long as short
edgeX NVDAUSDC+0.0879%4h226.41+0.189%$170K$1.9M20xas long as short