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+0.0102%/8h= +11.2% APRnext payment +$1.02 per $10,000 · paid last 24h +0.009%
Price spread now: BloFin against KuCoin+0.084%65s7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$550.548% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.018%−$2 on $10k
Price spread, last 4 days (all we have)−0.164%−$16 · spread now +0.084%, 7d avg +0.002%
Together, before fees−0.182%−$18 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BloFin is 0.082% dearer against KuCoin than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.002%. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin NVDAUSDTM226.660.0100pay 0.0100% / 8h2h 10m$1.6M$742K20x
ShortBloFin NVDA-USDT226.850.0202get 0.0202% / 8h2h 10m$713K$193K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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
$21.44
Price spread: +0.084% → +0.002%
$8.19
Slippage, 4 orders
−$30.81
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$25.18
Costs to cover
0.548%
Break-even
15.2 days
Slippage from KuCoin: live order book, 6 min ago; BloFin: live order book, 17 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 KuCoin live order book, 6 min ago1.10 bp21.5 bp −$21doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 17 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%8h226.64−0.008%$482K$571K20xas long as short
Bybit NVDAUSDT0.0000%8h226.76+0.044%$12.5M$15.0M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h226.74+0.035%$14.2M$20.5M50xas long as short
Gate NVDA_USDT0.0000%8h226.75+0.040%$7.3M$9.8M100xas long as short
Bitget NVDAUSDT0.0000%8h226.74+0.035%$15.3M$16.4M100xas long as short
GRVT NVDA_USDT_Perp0.0000%8h226.59−0.029%$21K$417K10xas long as short
SunX NVDA-USDT0.0000%8h226.49−0.075%$2K$3.7M20xas long as short
HTX NVDA-USDT0.0000%8h226.47−0.084%$198K$457K30xas long as short
Phemex NVDAUSDT0.0000%4h226.80+0.062%$2.2M$42K10xas long as short
Variational Omni NVDA+0.0009%8h226.81+0.064%$3.6M$2.1Mas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps NVDAUSD+0.0011%1h226.49−0.076%$117K$52K10xas long as short
Arcus NVDA-USD+0.0040%1h226.660.000%$398K$734K20xas long as short
QFEX NVDA-USD+0.0042%1h226.67+0.004%$1.3M$9.1M10xas long as short
Vest NVDA-USD-PERP+0.0046%1h226.87+0.093%$74K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h226.64−0.009%$147.3M$43.6M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h226.660.000%$398K$278K10xas long as short
SoDEX NVDA-USD+0.0050%1h226.65−0.004%$59K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h226.62−0.018%$1.6M$2.0M15xas long as short
Hotstuff NVDA-PERP+0.0064%1h226.62−0.018%$35K20xas long as short
Lighter NVDA+0.0072%1h226.75+0.038%$2.1M$3.4M20xas long as short
Binance NVDAUSDT+0.0082%8h226.78+0.051%$154.6M$218.9M50xas long as short
Nado NVDA-PERP+0.0083%1h226.62−0.017%$482K$227K20xas long as short
Pacifica NVDA+0.0100%1h226.58−0.034%$297K$48K10xas long as short
KuCoin NVDAUSDTMlong+0.0100%8h226.66long leg$1.6M$742K20x
ApeX Omni NVDAUSDT+0.0100%1h226.57−0.040%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h226.71+0.022%$36K$21K20xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0103%1h226.660.000%$52K$1.8M10xas long as short
Lighter RH NVDA+0.0104%1h226.87+0.093%$5.1M$7.1M20xas long as short
Aevo NVDA-PERP+0.0104%1h226.74+0.034%10xas long as short
Phoenix NVDA+0.0106%1h226.58−0.035%$93K$112K20xas long as short
Coinbase International NVDA-PERP-INTX+0.0128%1h226.29−0.163%$1.3M$789K10xas long as short
BloFin NVDA-USDTshort+0.0202%8h226.85+0.084%$713K$193K20x
Injective NVDA/USDC PERP+0.0220%1h226.88+0.097%$73K$13930xas long as short
Extended NVDA_24_5-USD+0.0368%1h226.58−0.035%$668K$766K10xas long as short
edgeX NVDAUSDC+0.0922%4h226.70+0.018%$170K$1.9M20xas long as short