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−0.0080%/8h= −8.7% APRnext payment $0.80 per $10,000 · paid last 24h −0.016%
Price spread now: OKX against Binance−0.015%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$220.221% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.037%−$4 on $10k
Price spread, last 7 days+0.022%+$2 · spread now −0.015%, 7d avg −0.003%
Together, before fees−0.015%−$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.003%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance NVDAUSDT226.490.0080pay 0.0080% / 8h2h 24m$154.5M$218.3M50x
ShortOKX NVDA-USDT-SWAP226.460get 0.0000% / 8h2h 24m$14.2M$20.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Binance. 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
−$16.7
Price spread: −0.015% → −0.003%
−$1.21
Slippage, 4 orders
−$2.1
Fee Binance: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$40.01
Costs to cover
0.221%
Break-even
never at this rate
Slippage from Binance: live order book, 4 min ago; OKX: live order book, 4 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 Binance live order book, 4 min ago0.22 bp5.2 bp −$56.1 bp −$6117.2 bp −$1,717doesn't fit
Sell OKX live order book, 4 min ago0.22 bp6.4 bp −$67.8 bp −$7818.7 bp −$1,873doesn'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−0.0064%1h226.32−0.076%$35K20xas long as short
Aster NVDAUSDT0.0000%8h226.47−0.010%$482K$571K20xas long as short
Bybit NVDAUSDT0.0000%8h226.46−0.015%$12.5M$15.0M100xas long as short
OKX NVDA-USDT-SWAPshort0.0000%8h226.46−0.015%$14.2M$20.4M50x
Gate NVDA_USDT0.0000%8h226.41−0.037%$7.2M$9.8M100xas long as short
Bitget NVDAUSDT0.0000%8h226.48−0.006%$15.2M$16.4M100xas long as short
GRVT NVDA_USDT_Perp0.0000%8h226.46−0.016%$21K$409K10xas long as short
SunX NVDA-USDT0.0000%8h226.16−0.147%$3K$3.7M20xas long as short
HTX NVDA-USDT0.0000%8h226.55+0.025%$198K$459K30xas long as short
Phemex NVDAUSDT0.0000%4h226.52+0.012%$2.2M$43K10xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni NVDA+0.0004%8h226.34−0.069%$3.6M$2.1Mas long as short
Aftermath Perps NVDAUSD+0.0011%1h226.29−0.088%$117K$52K10xas long as short
Lighter NVDA+0.0040%1h226.43−0.030%$2.1M$3.3M20xas long as short
Arcus NVDA-USD+0.0040%1h226.32−0.076%$397K$728K20xas long as short
QFEX NVDA-USD+0.0042%1h226.43−0.028%$1.3M$9.1M10xas long as short
Vest NVDA-USD-PERP+0.0046%1h226.52+0.012%$74K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h226.30−0.085%$147.0M$43.4M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h226.42−0.032%$398K$278K10xas long as short
SoDEX NVDA-USD+0.0050%1h226.24−0.112%$59K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h226.19−0.134%$1.6M$2.0M15xas long as short
Nado NVDA-PERP+0.0078%1h226.32−0.076%$481K$227K20xas long as short
Binance NVDAUSDTlong+0.0080%8h226.49long leg$154.5M$218.3M50x
Pacifica NVDA+0.0100%1h226.32−0.076%$297K$50K10xas long as short
KuCoin NVDAUSDTM+0.0100%8h226.45−0.019%$1.6M$739K20xas long as short
ApeX Omni NVDAUSDT+0.0100%1h226.19−0.134%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h226.39−0.046%$36K$21K20xas long as short
Lighter RH NVDA+0.0104%1h226.56+0.029%$5.1M$7.1M20xas long as short
Aevo NVDA-PERP+0.0104%1h226.40−0.042%10xas long as short
Phoenix NVDA+0.0106%1h226.27−0.099%$93K$112K20xas long as short
Coinbase International NVDA-PERP-INTX+0.0128%1h226.29−0.090%$1.3M$789K10xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0192%1h226.35−0.063%$53K$1.8M10xas long as short
BloFin NVDA-USDT+0.0199%8h226.43−0.028%$716K$191K20xas long as short
Injective NVDA/USDC PERP+0.0220%1h226.71+0.096%$73K$13830xas long as short
Extended NVDA_24_5-USD+0.0328%1h226.25−0.107%$668K$766K10xas long as short
edgeX NVDAUSDC+0.0908%4h226.31−0.081%$170K$1.9M20xas long as short