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

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0066%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.040%
Price spread now: Ondo Perps against Hotstuff−0.044%7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · Ondo Perps: Active · farm boardneeds both histories
Funding pays, the price is against you. Ondo Perps is 0.044% cheaper against Hotstuff than usual: you would sell low and buy high (spread −0.044% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 2.2 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff NVDA-PERP226.23−0.0016get 0.0002% / 1h43m 31s$35K20x
ShortOndo Perps NVDA-USD.P226.130.0050get 0.0006% / 1h43m 31s$1.6M$2.0M15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Hotstuff. 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
$13.94
Price spread: −0.044% → 0.000%
−$4.42
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$0.48
Costs to cover
0.100%
Break-even
7.2 days
Slippage unknown: Hotstuff: no order-book sample; Ondo Perps: 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 Hotstuff no order-book sample
Sell Ondo Perps no order-book sample
Hotstuff and Ondo Perps: 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
Hotstuff NVDA-PERPlong−0.0016%1h226.23long leg$35K20x
Bybit NVDAUSDT0.0000%8h226.39+0.071%$12.4M$15.1M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h226.38+0.066%$14.2M$20.5M50xas long as short
Gate NVDA_USDT0.0000%8h226.37+0.062%$7.2M$9.8M100xas long as short
Bitget NVDAUSDT0.0000%8h226.42+0.084%$15.2M$16.3M100xas long as short
GRVT NVDA_USDT_Perp0.0000%8h226.42+0.084%$21K$423K10xas long as short
SunX NVDA-USDT0.0000%8h226.04−0.084%$3K$3.7M20xas long as short
HTX NVDA-USDT0.0000%8h226.58+0.155%$198K$454K30xas long as short
Phemex NVDAUSDT0.0000%4h226.63+0.177%$2.2M$42K10xas long as short
Aster NVDAUSDT+0.0002%8h226.40+0.077%$482K$571K20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps NVDAUSD+0.0015%1h226.28+0.024%$117K$52K10xas long as short
Variational Omni NVDA+0.0018%8h226.33+0.042%$3.6M$2.1Mas long as short
Arcus NVDA-USD+0.0040%1h226.32+0.040%$398K$735K20xas long as short
Vest NVDA-USD-PERP+0.0046%1h226.41+0.080%$74K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h226.25+0.009%$147.0M$43.6M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h226.31+0.035%$398K$279K10xas long as short
SoDEX NVDA-USD+0.0050%1h226.20−0.013%$59K$19K10xas long as short
Ondo Perps NVDA-USD.Pshort+0.0050%1h226.13−0.044%$1.6M$2.0M15x
QFEX NVDA-USD+0.0056%1h226.34+0.049%$1.3M$9.1M10xas long as short
Binance NVDAUSDT+0.0088%8h226.43+0.087%$154.4M$219.2M50xas long as short
Lighter NVDA+0.0096%1h226.33+0.043%$2.1M$3.3M20xas long as short
Pacifica NVDA+0.0100%1h226.20−0.012%$297K$48K10xas long as short
KuCoin NVDAUSDTM+0.0100%8h226.41+0.080%$1.6M$748K20xas long as short
ApeX Omni NVDAUSDT+0.0100%1h226.18−0.022%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h226.35+0.053%$36K$21K20xas long as short
Aevo NVDA-PERP+0.0104%1h226.35+0.053%10xas long as short
Phoenix NVDA+0.0106%1h226.20−0.013%$93K$112K20xas long as short
Coinbase International NVDA-PERP-INTX+0.0112%1h226.29+0.027%$1.3M$789K10xas long as short
Nado NVDA-PERP+0.0151%1h226.17−0.024%$480K$226K20xas long as short
Lighter RH NVDA+0.0168%1h226.46+0.102%$5.0M$6.9M20xas long as short
BloFin NVDA-USDT+0.0208%8h226.44+0.093%$716K$194K20xas long as short
Injective NVDA/USDC PERP+0.0220%1h226.74+0.225%$73K$13630xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0369%1h226.30+0.031%$52K$1.8M10xas long as short
Extended NVDA_24_5-USD+0.0456%1h226.15−0.035%$667K$762K10xas long as short
edgeX NVDAUSDC+0.0544%4h226.32+0.042%$170K$1.9M20xas long as short