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+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.028%
Price spread now: Orderly against Bybit−0.004%50s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit NVDAUSDT227.570get 0.0000% / 8h4h 12m$12.7M$14.8M100x
ShortOrderly PERP_NVDA_USDC227.560.0100get 0.0100% / 8h4h 12m$36K$21K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$21
Price spread: −0.004% → 0.000%
−$0.44
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Orderly: 3 bp × 2 orders
−$6
Net
$3.56
Costs to cover
0.170%
Break-even
5.8 days
Slippage unknown: Bybit: live order book, 1 min ago; Orderly: no order-book sample. Net counts fees only.

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, 1 min ago0.22 bp6.8 bp −$79.3 bp −$9348.9 bp −$4,891doesn't fit
Sell Orderly no order-book sample
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%8h227.57long leg$12.7M$14.8M100x
OKX NVDA-USDT-SWAP0.0000%8h227.570.000%$14.4M$20.5M50xas long as short
Gate NVDA_USDT0.0000%8h227.52−0.022%$7.2M$9.7M100xas long as short
Bitget NVDAUSDT0.0000%8h227.61+0.018%$15.5M$16.4M100xas long as short
SunX NVDA-USDT0.0000%8h227.26−0.136%$2K$3.7M20xas long as short
HTX NVDA-USDT0.0000%8h227.64+0.031%$198K$469K30xas long as short
Phemex NVDAUSDT0.0000%4h227.66+0.040%$2.2M$43K10xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0014%1h227.51−0.026%$49K$1.6M10xas long as short
Aftermath Perps NVDAUSD+0.0015%1h227.55−0.009%$118K$54K10xas long as short
GRVT NVDA_USDT_Perp+0.0021%8h227.63+0.026%$20K$390K10xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NVDAUSDT+0.0031%8h227.59+0.008%$483K$590K20xas long as short
Arcus NVDA-USD+0.0040%1h227.54−0.013%$399K$741K20xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.71+0.062%$74K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h227.45−0.053%$147.8M$43.6M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h227.56−0.004%$401K$276K10xas long as short
SoDEX NVDA-USD+0.0050%1h227.45−0.053%$58K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h227.36−0.092%$1.6M$2.0M15xas long as short
QFEX NVDA-USD+0.0057%1h227.55−0.009%$1.3M$9.2M10xas long as short
Variational Omni NVDA+0.0062%8h227.60+0.011%$3.5M$2.1Mas long as short
Nado NVDA-PERP+0.0070%1h227.48−0.038%$484K$228K20xas long as short
Lighter NVDA+0.0072%1h227.56−0.003%$2.2M$3.3M20xas long as short
Hotstuff NVDA-PERP+0.0072%1h227.44−0.057%$35K20xas long as short
Pacifica NVDA+0.0100%1h227.47−0.045%$299K$51K10xas long as short
ApeX Omni NVDAUSDT+0.0100%1h227.47−0.044%$16K$44K50xas long as short
Orderly PERP_NVDA_USDCshort+0.0100%8h227.56−0.004%$36K$21K20x
Coinbase International NVDA-PERP-INTX+0.0104%1h227.53−0.018%$1.3M$775K10xas long as short
Aevo NVDA-PERP+0.0112%1h227.58+0.006%10xas long as short
Binance NVDAUSDT+0.0115%8h227.60+0.012%$156.2M$215.8M50xas long as short
KuCoin NVDAUSDTM+0.0130%8h227.62+0.022%$1.6M$722K20xas long as short
Phoenix NVDA+0.0141%1h227.52−0.022%$94K$112K20xas long as short
Lighter RH NVDA+0.0144%1h227.73+0.070%$5.1M$7.1M20xas long as short
Injective NVDA/USDC PERP+0.0220%1h227.91+0.149%$73K$13930xas long as short
BloFin NVDA-USDT+0.0236%8h227.63+0.026%$721K$201K20xas long as short
Extended NVDA_24_5-USD+0.0360%1h227.44−0.057%$675K$748K10xas long as short
edgeX NVDAUSDC+0.0852%4h227.56−0.004%$170K$1.9M20xas long as short