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

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0180%/8h= −19.7% APRnext payment $0.23 per $10,000 · paid last 24h −0.084%
Price spread now: Hotstuff against Injective−0.215%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 3 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 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Hotstuff is 0.215% cheaper against Injective than usual: you would sell low and buy high (−$21 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective NVDA/USDC PERP228.220.0220pay 0.0028% / 1h26m 41s$73K$13830x
ShortHotstuff NVDA-PERP227.730.0040get 0.0005% / 1h26m 41s$35K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against Injective. 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
−$37.8
Price spread: −0.215% → 0.000%
−$21.47
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$64.29
Costs to cover
0.050%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; Hotstuff: 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 Injective no order-book sample
Sell Hotstuff no order-book sample
Injective and Hotstuff: 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
Aster NVDAUSDT0.0000%8h227.71−0.223%$483K$586K20xas long as short
Bybit NVDAUSDT0.0000%8h227.91−0.136%$12.7M$15.3M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h227.86−0.158%$14.4M$20.7M50xas long as short
Gate NVDA_USDT0.0000%8h227.84−0.167%$7.2M$9.7M100xas long as short
Variational Omni NVDA0.0000%8h227.79−0.189%$3.6M$1.9Mas long as short
SunX NVDA-USDT0.0000%8h227.43−0.346%$2K$3.8M20xas long as short
HTX NVDA-USDT0.0000%8h227.77−0.197%$198K$510K30xas long as short
Phemex NVDAUSDT0.0000%4h227.90−0.140%$2.2M$42K10xas long as short
GRVT NVDA_USDT_Perp+0.0014%8h227.77−0.196%$21K$394K10xas long as short
Aftermath Perps NVDAUSD+0.0014%1h227.59−0.275%$118K$55K10xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended NVDA_24_5-USD+0.0032%1h227.73−0.215%$524K$474K10xas long as short
Hotstuff NVDA-PERPshort+0.0040%1h227.73−0.215%$35K20x
Arcus NVDA-USD+0.0040%1h227.66−0.245%$400K$724K20xas long as short
QFEX NVDA-USD+0.0042%1h227.84−0.167%$1.6M$11.2M10xas long as short
Bitget NVDAUSDT+0.0042%8h227.97−0.110%$15.5M$16.9M100xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.98−0.105%$74K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h227.77−0.197%$147.9M$46.8M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h227.85−0.162%$402K$289K10xas long as short
SoDEX NVDA-USD+0.0050%1h227.76−0.202%$59K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h227.55−0.294%$1.6M$2.0M15xas long as short
Binance NVDAUSDT+0.0055%8h227.90−0.140%$156.6M$217.5M50xas long as short
Coinbase International NVDA-PERP-INTX+0.0080%1h227.46−0.333%$1.3M$800K10xas long as short
Nado NVDA-PERP+0.0083%1h227.76−0.202%$484K$229K20xas long as short
Aevo NVDA-PERP+0.0096%1h227.91−0.137%10xas long as short
Pacifica NVDA+0.0100%1h227.76−0.203%$299K$60K10xas long as short
ApeX Omni NVDAUSDT+0.0100%1h227.70−0.228%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h227.90−0.140%$36K$22K20xas long as short
Phoenix NVDA+0.0106%1h227.64−0.254%$94K$112K20xas long as short
KuCoin NVDAUSDTM+0.0129%8h227.82−0.175%$1.6M$740K20xas long as short
edgeX NVDAUSDC+0.0142%4h227.84−0.166%$170K$1.9M20xas long as short
Lighter NVDA+0.0144%1h227.95−0.117%$2.2M$3.2M20xas long as short
Lighter RH NVDA+0.0144%1h228.09−0.057%$5.1M$7.1M20xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0145%1h227.89−0.145%$49K$1.4M10xas long as short
BloFin NVDA-USDT+0.0172%8h227.85−0.162%$716K$206K20xas long as short
Injective NVDA/USDC PERPlong+0.0220%1h228.22long leg$73K$13830x