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+0.0205%/8h= +22.5% APRnext payment +$2.05 per $10,000 · paid last 24h +0.027%
Price spread now: BloFin against Bitget−0.009%75s7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$280.281% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.140%+$14 on $10k
Price spread, last 4 days (all we have)−0.046%−$5 · spread now −0.009%, 7d avg −0.018%
Together, before fees+0.094%+$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.018%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.140% in total (about 7.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.05 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget NVDAUSDT226.500get 0.0000% / 8h1h 27m$15.2M$16.0M100x
ShortBloFin NVDA-USDT226.480.0205get 0.0205% / 8h1h 27m$715K$194K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. 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
$43.06
Price spread: −0.009% → −0.018%
$0.92
Slippage, 4 orders
−$4.12
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
$15.86
Costs to cover
0.281%
Break-even
4.4 days
Slippage from Bitget: live order book, 1 min ago; BloFin: live order book, 59 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 Bitget live order book, 1 min ago0.22 bp7.2 bp −$79.8 bp −$9819.6 bp −$1,960doesn't fit
Sell BloFin live order book, 59 min ago0.44 bp7.3 bp −$78.6 bp −$8617.2 bp −$1,718doesn'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%8h226.49−0.005%$482K$571K20xas long as short
Bybit NVDAUSDT0.0000%8h226.47−0.013%$12.4M$14.9M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h226.43−0.031%$14.1M$20.6M50xas long as short
Gate NVDA_USDT0.0000%8h226.43−0.031%$7.2M$9.9M100xas long as short
Bitget NVDAUSDTlong0.0000%8h226.50long leg$15.2M$16.0M100x
GRVT NVDA_USDT_Perp0.0000%8h226.34−0.071%$21K$419K10xas long as short
SunX NVDA-USDT0.0000%8h226.11−0.172%$2K$3.6M20xas long as short
Deribit NVDA_USDC-PERPETUAL0.0000%1h226.41−0.040%$53K$1.8M10xas long as short
HTX NVDA-USDT0.0000%8h226.46−0.018%$198K$452K30xas long as short
Phemex NVDAUSDT0.0000%4h226.60+0.044%$2.2M$42K10xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps NVDAUSD+0.0016%1h226.19−0.137%$117K$51K10xas long as short
Variational Omni NVDA+0.0016%8h226.32−0.082%$3.5M$2.2Mas long as short
Arcus NVDA-USD+0.0040%1h226.32−0.079%$398K$731K20xas long as short
Vest NVDA-USD-PERP+0.0046%1h226.57+0.031%$74K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h226.34−0.071%$147.0M$43.4M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h226.40−0.044%$391K$285K10xas long as short
SoDEX NVDA-USD+0.0050%1h226.33−0.075%$59K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h226.08−0.185%$1.6M$1.9M15xas long as short
QFEX NVDA-USD+0.0056%1h226.48−0.009%$1.3M$9.1M10xas long as short
Lighter NVDA+0.0080%1h226.46−0.019%$2.1M$3.3M20xas long as short
Binance NVDAUSDT+0.0085%8h226.48−0.009%$154.5M$217.9M50xas long as short
Pacifica NVDA+0.0100%1h226.33−0.075%$297K$46K10xas long as short
KuCoin NVDAUSDTM+0.0100%8h226.40−0.044%$1.6M$742K20xas long as short
ApeX Omni NVDAUSDT+0.0100%1h226.16−0.150%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h226.43−0.031%$36K$21K20xas long as short
Hotstuff NVDA-PERP+0.0104%1h226.34−0.071%$35K20xas long as short
Aevo NVDA-PERP+0.0104%1h226.46−0.018%10xas long as short
Phoenix NVDA+0.0106%1h226.26−0.106%$93K$112K20xas long as short
Coinbase International NVDA-PERP-INTX+0.0112%1h226.29−0.093%$1.3M$732K10xas long as short
Lighter RH NVDA+0.0120%1h226.59+0.040%$5.0M$7.0M20xas long as short
Nado NVDA-PERP+0.0126%1h226.36−0.062%$481K$224K20xas long as short
BloFin NVDA-USDTshort+0.0205%8h226.48−0.009%$715K$194K20x
Injective NVDA/USDC PERP+0.0220%1h226.67+0.075%$73K$13830xas long as short
Extended NVDA_24_5-USD+0.0424%1h226.36−0.062%$635K$807K10xas long as short
edgeX NVDAUSDC+0.0818%4h226.29−0.091%$170K$1.9M20xas long as short