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−0.0035%/8h= −3.8% APRnext payment $0.35 per $10,000 · paid last 24h −0.025%
Price spread now: SunX against Bitget−0.215%7-day average −0.143% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$780.783% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.169%−$17 on $10k
Price spread, last 3 days (all we have)+0.069%+$7 · spread now −0.215%, 7d avg −0.143%
Together, before fees−0.100%−$10 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and SunX is 0.072% cheaper against Bitget than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.143%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget NVDAUSDT227.760.0035pay 0.0035% / 8h7h 50m$15.5M$17.1M100x
ShortSunX NVDA-USDT227.270get 0.0000% / 8h7h 50m$2K$3.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$7.35
Price spread: −0.215% → −0.143%
−$7.24
Slippage, 4 orders
−$58.29
Fee Bitget: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$92.89
Costs to cover
0.783%
Break-even
never at this rate
Slippage from Bitget: live order book, 3 min ago; SunX: live order book, 7 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, 3 min ago0.22 bp7.0 bp −$710.7 bp −$10719.0 bp −$1,903doesn't fit
Sell SunX live order book, 7 min ago21.98 bp26.0 bp −$2655.8 bp −$558doesn'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%8h227.62−0.062%$483K$586K20xas long as short
Bybit NVDAUSDT0.0000%8h227.73−0.013%$12.7M$15.3M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h227.72−0.018%$14.4M$20.7M50xas long as short
Gate NVDA_USDT0.0000%8h227.66−0.044%$7.2M$9.6M100xas long as short
Variational Omni NVDA0.0000%8h227.71−0.022%$3.6M$1.9Mas long as short
GRVT NVDA_USDT_Perp0.0000%8h227.66−0.044%$20K$406K10xas long as short
SunX NVDA-USDTshort0.0000%8h227.27−0.215%$2K$3.9M20x
HTX NVDA-USDT0.0000%8h227.48−0.123%$197K$516K30xas long as short
Phemex NVDAUSDT0.0000%4h227.73−0.013%$2.2M$41K10xas long as short
Aftermath Perps NVDAUSD+0.0015%1h227.47−0.127%$118K$56K10xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended NVDA_24_5-USD+0.0032%1h227.62−0.061%$535K$447K10xas long as short
Bitget NVDAUSDTlong+0.0035%8h227.76long leg$15.5M$17.1M100x
Binance NVDAUSDT+0.0037%8h227.76+0.002%$156.4M$218.6M50xas long as short
Arcus NVDA-USD+0.0040%1h227.54−0.097%$400K$724K20xas long as short
QFEX NVDA-USD+0.0042%1h227.69−0.031%$1.6M$11.4M10xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.84+0.035%$74K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h227.60−0.070%$148.0M$46.9M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h227.68−0.035%$402K$289K10xas long as short
SoDEX NVDA-USD+0.0050%1h227.57−0.083%$58K$20K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h227.46−0.132%$1.6M$2.0M15xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0058%1h227.65−0.048%$49K$1.4M10xas long as short
Nado NVDA-PERP+0.0058%1h227.66−0.042%$484K$229K20xas long as short
Coinbase International NVDA-PERP-INTX+0.0080%1h227.46−0.132%$1.3M$823K10xas long as short
Aevo NVDA-PERP+0.0088%1h227.67−0.041%10xas long as short
Pacifica NVDA+0.0100%1h227.58−0.079%$299K$60K10xas long as short
ApeX Omni NVDAUSDT+0.0100%1h227.54−0.097%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h227.70−0.026%$36K$22K20xas long as short
Phoenix NVDA+0.0106%1h227.65−0.048%$94K$112K20xas long as short
KuCoin NVDAUSDTM+0.0118%8h227.70−0.026%$1.6M$743K20xas long as short
Lighter NVDA+0.0120%1h227.76−0.001%$2.2M$3.2M20xas long as short
Lighter RH NVDA+0.0120%1h227.89+0.057%$5.1M$7.1M20xas long as short
BloFin NVDA-USDT+0.0146%8h227.77+0.004%$714K$205K20xas long as short
Injective NVDA/USDC PERP+0.0220%1h227.89+0.057%$73K$13530xas long as short
Hotstuff NVDA-PERP+0.0232%1h227.64−0.053%$35K20xas long as short
edgeX NVDAUSDC+0.0364%4h227.63−0.057%$170K$1.9M20xas long as short