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

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0129%/8h= +14.1% APRnext payment +$1.29 per $10,000 · paid last 24h +0.041%
Price spread now: KuCoin against Bybit−0.057%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$520.516% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.281%+$28 on $10k
Price spread, last 7 days+0.064%+$6 · spread now −0.057%, 7d avg +0.008%
Together, before fees+0.346%+$35 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.065% cheaper against Bybit than usual: you would sell low and buy high (spread −0.057% now, against its 7-day average of +0.008%). If the spread goes back, that is −$7 on $10k: about 40 hours of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit NVDAUSDT227.170get 0.0000% / 8h6h 03m$12.8M$15.8M100x
ShortKuCoin NVDAUSDTM227.040.0129get 0.0129% / 8h6h 03m$1.6M$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$27.09
Price spread: −0.057% → +0.008%
−$6.52
Slippage, 4 orders
−$28.65
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$31.08
Costs to cover
0.516%
Break-even
15.0 days
Slippage from Bybit: live order book, 3 min ago; KuCoin: live order book, 5 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, 3 min ago0.22 bp6.6 bp −$711.5 bp −$115doesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago1.76 bp16.6 bp −$17doesn't fitdoesn't fitdoesn't fit

NVDA on 35 exchanges

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−0.1600%1h226.92−0.110%$35K20xas long as short
Bybit NVDAUSDTlong0.0000%8h227.17long leg$12.8M$15.8M100x
OKX NVDA-USDT-SWAP0.0000%8h227.13−0.018%$14.3M$20.2M50xas long as short
Gate NVDA_USDT0.0000%8h227.07−0.044%$7.2M$9.6M100xas long as short
Bitget NVDAUSDT0.0000%8h227.15−0.009%$15.6M$16.0M100xas long as short
SunX NVDA-USDT0.0000%8h226.73−0.194%$2K$3.4M20xas long as short
Deribit NVDA_USDC-PERPETUAL0.0000%1h227.06−0.048%$37K$1.9M10xas long as short
HTX NVDA-USDT0.0000%8h227.32+0.066%$198K$400K30xas long as short
Phemex NVDAUSDT0.0000%4h227.23+0.026%$2.2M$41K10xas long as short
Aftermath Perps NVDAUSD+0.0011%1h226.85−0.139%$117K$52K10xas long as short
Show all 35 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT NVDA_USDT_Perp+0.0026%8h227.11−0.028%$21K$430K10xas long as short
Extended NVDA_24_5-USD+0.0032%1h227.00−0.075%$617K$930K10xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.33+0.070%$74K25xas long as short
QFEX NVDA-USD+0.0047%1h227.15−0.009%$1.3M$9.0M10xas long as short
tradeXYZ xyz:NVDA+0.0050%1h226.96−0.092%$148.3M$45.4M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h227.09−0.035%$392K$240K10xas long as short
SoDEX NVDA-USD+0.0050%1h227.06−0.048%$59K$16K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h226.96−0.092%$1.6M$1.9M15xas long as short
Aster NVDAUSDT+0.0051%8h227.14−0.013%$484K$566K20xas long as short
Lighter NVDA+0.0056%1h227.13−0.019%$2.1M$3.2M20xas long as short
Nado NVDA-PERP+0.0098%1h227.09−0.037%$478K$210K20xas long as short
Pacifica NVDA+0.0100%1h227.04−0.058%$298K$50K10xas long as short
ApeX Omni NVDAUSDT+0.0100%1h226.92−0.110%$16K$45K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h227.15−0.009%$36K$19K20xas long as short
Phoenix NVDA+0.0106%1h226.78−0.172%$93K$83K20xas long as short
Variational Omni NVDA+0.0111%8h227.17+0.001%$3.3M$2.4Mas long as short
Aevo NVDA-PERP+0.0120%1h227.18+0.004%10xas long as short
Coinbase International NVDA-PERP-INTX+0.0128%1h226.45−0.317%$1.3M$665K10xas long as short
KuCoin NVDAUSDTMshort+0.0129%8h227.04−0.057%$1.6M$1.3M20x
Lighter RH NVDA+0.0152%1h227.30+0.057%$5.1M$7.2M20xas long as short
Binance NVDAUSDT+0.0162%8h227.170.000%$155.8M$224.4M50xas long as short
Injective NVDA/USDC PERP+0.0220%1h227.10−0.031%$73K$13930xas long as short
Arcus NVDA-USD+0.0225%1h227.14−0.013%$384K$703K20xas long as short
BloFin NVDA-USDT+0.0283%8h227.14−0.013%$726K$202K20xas long as short
edgeX NVDAUSDC+0.0707%4h226.90−0.120%$171K$1.9M20xas long as short