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

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.053%
Price spread now: Deribit against SunX+0.132%7-day average +0.086% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$790.790% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.164%+$16 on $10k
Price spread, last 3 days (all we have)−0.069%−$7 · spread now +0.132%, 7d avg +0.086%
Together, before fees+0.094%+$9 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Deribit is 0.046% dearer against SunX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.086%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX NVDA-USDT226.820get 0.0000% / 8h2h 23m$2K$4.0M20x
ShortDeribit NVDA_USDC-PERPETUAL227.120get 0.0000% / 1h23m 46s$49K$1.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
$0
Price spread: +0.132% → +0.086%
$4.64
Slippage, 4 orders
−$63.97
Fee SunX: 4 bp × 2 orders
−$8
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$74.33
Costs to cover
0.790%
Break-even
never at this rate
Slippage from SunX: live order book, 4 min ago; Deribit: live order book, 5 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, 4 min ago22.02 bp38.2 bp −$3867.5 bp −$675doesn't fitdoesn't fit
Sell Deribit live order book, 5 min ago0.22 bp10.7 bp −$1112.4 bp −$124doesn't fitdoesn'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
Aster NVDAUSDT0.0000%8h227.08+0.113%$473K$550K20xas long as short
Bybit NVDAUSDT0.0000%8h227.12+0.132%$12.7M$15.8M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h227.15+0.145%$14.4M$21.2M50xas long as short
Hotstuff NVDA-PERP0.0000%1h227.00+0.079%$35K20xas long as short
Gate NVDA_USDT0.0000%8h227.11+0.128%$7.2M$9.4M100xas long as short
Variational Omni NVDA0.0000%8h227.19+0.162%$3.5M$2.3Mas long as short
GRVT NVDA_USDT_Perp0.0000%8h227.18+0.157%$21K$468K10xas long as short
SunX NVDA-USDTlong0.0000%8h226.82long leg$2K$4.0M20x
Deribit NVDA_USDC-PERPETUALshort0.0000%1h227.12+0.132%$49K$1.5M10x
HTX NVDA-USDT0.0000%8h227.20+0.168%$202K$528K30xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex NVDAUSDT0.0000%4h227.17+0.154%$2.2M$41K10xas long as short
Binance NVDAUSDT+0.0002%8h227.18+0.157%$156.2M$220.6M50xas long as short
BloFin NVDA-USDT+0.0011%8h227.19+0.163%$713K$205K20xas long as short
Aftermath Perps NVDAUSD+0.0013%1h227.08+0.113%$118K$54K10xas long as short
QFEX NVDA-USD+0.0030%1h227.14+0.141%$1.6M$11.3M10xas long as short
Lighter RH NVDA+0.0032%1h227.28+0.203%$4.9M$7.0M20xas long as short
Extended NVDA_24_5-USD+0.0032%1h227.03+0.093%$522K$407K10xas long as short
Nado NVDA-PERP+0.0045%1h227.04+0.096%$487K$223K20xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.29+0.207%$73K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h227.03+0.093%$147.1M$50.2M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h227.11+0.128%$390K$235K10xas long as short
SoDEX NVDA-USD+0.0050%1h227.03+0.093%$58K$20K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h226.96+0.062%$1.6M$2.1M15xas long as short
Bitget NVDAUSDT+0.0062%8h227.17+0.154%$15.5M$18.3M100xas long as short
Phoenix NVDA+0.0070%1h227.09+0.119%$93K$112K20xas long as short
Lighter NVDA+0.0072%1h227.19+0.163%$2.1M$3.3M20xas long as short
Aevo NVDA-PERP+0.0080%1h227.14+0.140%10xas long as short
Pacifica NVDA+0.0100%1h227.03+0.091%$298K$60K10xas long as short
KuCoin NVDAUSDTM+0.0100%8h227.16+0.150%$1.6M$752K20xas long as short
ApeX Omni NVDAUSDT+0.0100%1h227.11+0.128%$16K$43K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h227.12+0.132%$36K$22K20xas long as short
Coinbase International NVDA-PERP-INTX+0.0112%1h227.01+0.084%$1.3M$911K10xas long as short
Injective NVDA/USDC PERP+0.0220%1h227.48+0.291%$73K$13630xas long as short
Arcus NVDA-USD+0.0419%1h227.15+0.145%$395K$683K20xas long as short
edgeX NVDAUSDC+0.0879%4h227.19+0.163%$170K$1.9M20xas long as short