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

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0078%/8h= +8.5% APRnext payment +$0.78 per $10,000 · paid last 24h +0.024%
Price spread now: Binance against Bybit−0.001%7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$10as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$230.233% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.132%+$13 on $10k
Price spread, last 2 days (all we have)+0.201%+$20 · spread now −0.001%, 7d avg +0.014%
Together, before fees+0.333%+$33 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.014%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit NVDAUSDT227.220get 0.0000% / 8h3h 31m$12.7M$15.7M100x
ShortBinance NVDAUSDT227.220.0078get 0.0078% / 8h3h 31m$156.1M$216.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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
$16.38
Price spread: −0.001% → +0.014%
−$1.52
Slippage, 4 orders
−$2.33
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$8.47
Costs to cover
0.233%
Break-even
10.6 days
Slippage from Bybit: live order book, 2 min ago; Binance: live order book, 2 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 Bybit live order book, 2 min ago0.22 bp6.6 bp −$710.0 bp −$10035.9 bp −$3,586doesn't fit
Sell Binance live order book, 2 min ago0.22 bp5.2 bp −$56.0 bp −$6016.5 bp −$1,646doesn'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
Bybit NVDAUSDTlong0.0000%8h227.22long leg$12.7M$15.7M100x
OKX NVDA-USDT-SWAP0.0000%8h227.19−0.013%$14.4M$21.0M50xas long as short
Gate NVDA_USDT0.0000%8h227.15−0.031%$7.2M$9.1M100xas long as short
GRVT NVDA_USDT_Perp0.0000%8h227.10−0.054%$20K$488K10xas long as short
SunX NVDA-USDT0.0000%8h226.75−0.207%$2K$4.0M20xas long as short
Deribit NVDA_USDC-PERPETUAL0.0000%1h227.16−0.026%$49K$1.4M10xas long as short
HTX NVDA-USDT0.0000%8h227.14−0.035%$197K$506K30xas long as short
Phemex NVDAUSDT0.0000%4h227.220.000%$2.2M$41K10xas long as short
Variational Omni NVDA+0.0008%8h227.18−0.018%$3.3M$2.1Mas long as short
Aster NVDAUSDT+0.0019%8h227.20−0.009%$480K$543K20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps NVDAUSD+0.0023%1h227.11−0.048%$118K$54K10xas long as short
Extended NVDA_24_5-USD+0.0032%1h227.06−0.070%$526K$350K10xas long as short
QFEX NVDA-USD+0.0042%1h227.220.000%$1.6M$11.3M10xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.27+0.022%$73K25xas long as short
Hotstuff NVDA-PERP+0.0048%1h227.06−0.070%$35K20xas long as short
tradeXYZ xyz:NVDA+0.0050%1h227.08−0.062%$147.5M$49.6M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h227.12−0.044%$398K$220K10xas long as short
SoDEX NVDA-USD+0.0050%1h227.07−0.066%$58K$20K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h226.94−0.123%$1.6M$2.0M15xas long as short
Binance NVDAUSDTshort+0.0078%8h227.22−0.001%$156.1M$216.3M50x
Nado NVDA-PERP+0.0094%1h227.09−0.059%$478K$216K20xas long as short
Lighter RH NVDA+0.0096%1h227.35+0.057%$4.8M$6.8M20xas long as short
Pacifica NVDA+0.0100%1h227.06−0.072%$298K$60K10xas long as short
KuCoin NVDAUSDTM+0.0100%8h227.21−0.004%$1.6M$743K20xas long as short
ApeX Omni NVDAUSDT+0.0100%1h227.03−0.084%$16K$43K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h227.17−0.022%$36K$22K20xas long as short
Aevo NVDA-PERP+0.0104%1h227.220.000%10xas long as short
Coinbase International NVDA-PERP-INTX+0.0120%1h227.13−0.040%$1.3M$914K10xas long as short
Phoenix NVDA+0.0141%1h227.09−0.057%$93K$112K20xas long as short
Bitget NVDAUSDT+0.0152%8h227.220.000%$15.7M$18.1M100xas long as short
Lighter NVDA+0.0176%1h227.24+0.008%$2.1M$3.3M20xas long as short
BloFin NVDA-USDT+0.0198%8h227.220.000%$720K$203K20xas long as short
Injective NVDA/USDC PERP+0.0220%1h227.54+0.141%$73K$12930xas long as short
Arcus NVDA-USD+0.0487%1h227.16−0.026%$408K$662K20xas long as short
edgeX NVDAUSDC+0.0657%4h227.10−0.053%$170K$1.9M20xas long as short