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

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0037%/8h= +4.0% APRnext payment +$0.05 per $10,000 · paid last 24h +0.011%
Price spread now: Nado against Arcus−0.016%7-day average +0.070% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$440.443% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.032%−$3 on $10k
Price spread, last 4 days (all we have)+0.039%+$4 · spread now −0.016%, 7d avg +0.070%
Together, before fees+0.007%+ Points / potential airdropNado: Active · farm board+$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.086% cheaper against Arcus than usual: you would sell low and buy high (spread −0.016% now, against its 7-day average of +0.070%). If the spread goes back, that is −$9 on $10k: about 7.8 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus NVDA-USD226.300.0040pay 0.0005% / 1h25m 26s$397K$726K20x
ShortNado NVDA-PERP226.260.0077get 0.0010% / 1h25m 26s$481K$227K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Arcus. 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
$7.73
Price spread: −0.016% → +0.070%
−$8.62
Slippage, 4 orders
−$32.82
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$45.21
Costs to cover
0.443%
Break-even
47.9 days
Slippage from Arcus: live order book, 23 min ago; Nado: live order book, 22 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 Arcus live order book, 23 min ago1.10 bp9.8 bp −$1012.9 bp −$129doesn't fitdoesn't fit
Sell Nado live order book, 22 min ago1.54 bp14.4 bp −$1421.6 bp −$216doesn'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
Hotstuff NVDA-PERP−0.0040%1h226.20−0.044%$35K20xas long as short
Aster NVDAUSDT0.0000%8h226.43+0.056%$482K$571K20xas long as short
Bybit NVDAUSDT0.0000%8h226.41+0.049%$12.5M$15.0M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h226.40+0.044%$14.2M$20.4M50xas long as short
Gate NVDA_USDT0.0000%8h226.36+0.027%$7.2M$9.8M100xas long as short
Bitget NVDAUSDT0.0000%8h226.45+0.066%$15.2M$16.4M100xas long as short
GRVT NVDA_USDT_Perp0.0000%8h226.46+0.069%$21K$409K10xas long as short
SunX NVDA-USDT0.0000%8h226.05−0.110%$2K$3.7M20xas long as short
HTX NVDA-USDT0.0000%8h226.55+0.110%$198K$460K30xas long as short
Phemex NVDAUSDT0.0000%4h226.48+0.080%$2.2M$42K10xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni NVDA+0.0004%8h226.34+0.017%$3.6M$2.1Mas long as short
Aftermath Perps NVDAUSD+0.0011%1h226.29−0.002%$117K$52K10xas long as short
Lighter NVDA+0.0032%1h226.36+0.028%$2.1M$3.3M20xas long as short
Arcus NVDA-USDlong+0.0040%1h226.30long leg$397K$726K20x
QFEX NVDA-USD+0.0042%1h226.38+0.035%$1.3M$9.1M10xas long as short
Vest NVDA-USD-PERP+0.0046%1h226.47+0.075%$74K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h226.29−0.004%$147.0M$43.6M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h226.36+0.027%$398K$278K10xas long as short
SoDEX NVDA-USD+0.0050%1h226.19−0.049%$59K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h226.17−0.057%$1.6M$2.0M15xas long as short
Nado NVDA-PERPshort+0.0077%1h226.26−0.016%$481K$227K20x
Binance NVDAUSDT+0.0079%8h226.44+0.061%$154.5M$218.3M50xas long as short
Pacifica NVDA+0.0100%1h226.27−0.012%$297K$50K10xas long as short
KuCoin NVDAUSDTM+0.0100%8h226.43+0.057%$1.6M$739K20xas long as short
ApeX Omni NVDAUSDT+0.0100%1h226.19−0.049%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h226.39+0.040%$36K$21K20xas long as short
Lighter RH NVDA+0.0104%1h226.50+0.088%$5.0M$7.1M20xas long as short
Aevo NVDA-PERP+0.0104%1h226.34+0.019%10xas long as short
Phoenix NVDA+0.0106%1h226.27−0.013%$93K$112K20xas long as short
Coinbase International NVDA-PERP-INTX+0.0128%1h226.29−0.004%$1.3M$789K10xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0148%1h226.26−0.018%$53K$1.8M10xas long as short
BloFin NVDA-USDT+0.0199%8h226.43+0.057%$716K$191K20xas long as short
Injective NVDA/USDC PERP+0.0220%1h226.71+0.181%$73K$13830xas long as short
Extended NVDA_24_5-USD+0.0328%1h226.24−0.027%$668K$766K10xas long as short
edgeX NVDAUSDC+0.0908%4h226.31+0.004%$170K$1.9M20xas long as short