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+0.0202%/8h= +22.1% APRnext payment +$2.02 per $10,000 · paid last 24h +0.053%
Price spread now: BloFin against Gate+0.004%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$3as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$390.388% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.353%+$35 on $10k
Price spread, last 4 days (all we have)−0.036%−$4 · spread now +0.004%, 7d avg +0.023%
Together, before fees+0.317%+$32 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.023%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate NVDA_USDT226.720get 0.0000% / 8h2h 05m$7.2M$9.8M100x
ShortBloFin NVDA-USDT226.730.0202get 0.0202% / 8h2h 05m$710K$194K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Gate. 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
$42.39
Price spread: +0.004% → +0.023%
−$1.87
Slippage, 4 orders
−$11.76
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BloFin: 6 bp × 2 orders
−$12
Net
$1.76
Costs to cover
0.388%
Break-even
6.7 days
Slippage from Gate: live order book, 3 min ago; BloFin: live order book, 21 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 Gate live order book, 3 min ago0.66 bp11.7 bp −$1219.6 bp −$196doesn't fitdoesn't fit
Sell BloFin live order book, 21 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%8h226.63−0.038%$482K$571K20xas long as short
Bybit NVDAUSDT0.0000%8h226.75+0.013%$12.5M$15.0M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h226.720.000%$14.3M$20.5M50xas long as short
Hotstuff NVDA-PERP0.0000%1h226.62−0.044%$35K20xas long as short
Gate NVDA_USDTlong0.0000%8h226.72long leg$7.2M$9.8M100x
Bitget NVDAUSDT0.0000%8h226.78+0.026%$15.3M$16.3M100xas long as short
GRVT NVDA_USDT_Perp0.0000%8h226.82+0.044%$21K$417K10xas long as short
SunX NVDA-USDT0.0000%8h226.48−0.106%$2K$3.7M20xas long as short
HTX NVDA-USDT0.0000%8h226.78+0.026%$198K$456K30xas long as short
Phemex NVDAUSDT0.0000%4h226.83+0.049%$2.2M$42K10xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni NVDA+0.0009%8h226.76+0.016%$3.6M$2.1Mas long as short
Aftermath Perps NVDAUSD+0.0010%1h226.53−0.082%$117K$52K10xas long as short
Arcus NVDA-USD+0.0040%1h226.67−0.022%$398K$734K20xas long as short
QFEX NVDA-USD+0.0042%1h226.720.000%$1.3M$9.1M10xas long as short
Vest NVDA-USD-PERP+0.0046%1h226.85+0.057%$74K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h226.62−0.044%$147.2M$43.6M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h226.68−0.018%$398K$278K10xas long as short
SoDEX NVDA-USD+0.0050%1h226.59−0.057%$59K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h226.56−0.071%$1.6M$2.0M15xas long as short
Lighter NVDA+0.0072%1h226.69−0.011%$2.1M$3.4M20xas long as short
Binance NVDAUSDT+0.0082%8h226.77+0.024%$154.6M$219.0M50xas long as short
Nado NVDA-PERP+0.0084%1h226.61−0.047%$482K$226K20xas long as short
Pacifica NVDA+0.0100%1h226.58−0.061%$297K$48K10xas long as short
KuCoin NVDAUSDTM+0.0100%8h226.69−0.013%$1.6M$743K20xas long as short
ApeX Omni NVDAUSDT+0.0100%1h226.63−0.040%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h226.68−0.018%$36K$21K20xas long as short
Aevo NVDA-PERP+0.0104%1h226.720.000%10xas long as short
Phoenix NVDA+0.0106%1h226.65−0.031%$93K$112K20xas long as short
Lighter RH NVDA+0.0112%1h226.84+0.053%$5.1M$7.1M20xas long as short
Coinbase International NVDA-PERP-INTX+0.0128%1h226.29−0.190%$1.3M$789K10xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0191%1h226.66−0.026%$53K$1.8M10xas long as short
BloFin NVDA-USDTshort+0.0202%8h226.73+0.004%$710K$194K20x
Injective NVDA/USDC PERP+0.0220%1h226.95+0.101%$73K$14030xas long as short
Extended NVDA_24_5-USD+0.0376%1h226.54−0.077%$668K$766K10xas long as short
edgeX NVDAUSDC+0.0738%4h226.73+0.003%$170K$1.9M20xas long as short