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

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0050%/8h= −5.4% APRpaid last 24h −0.015%
Price spread now: Ondo Perps against Orderly−0.075%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Ondo Perps is 0.075% cheaper against Orderly than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_NVDA_USDC227.690.0100pay 0.0100% / 8h5h 51m$36K$22K20x
ShortOndo Perps NVDA-USD.P227.520.0050get 0.0006% / 1h51m 19s$1.6M$2.0M15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Orderly. 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
−$10.42
Price spread: −0.075% → 0.000%
−$7.47
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$28.88
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Orderly: 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 Orderly no order-book sample
Sell Ondo Perps no order-book sample
Orderly 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 34 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 NVDAUSDT0.0000%8h227.690.000%$12.7M$14.8M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h227.70+0.004%$14.4M$20.2M50xas long as short
Gate NVDA_USDT0.0000%8h227.65−0.018%$7.2M$9.6M100xas long as short
Bitget NVDAUSDT0.0000%8h227.76+0.031%$15.4M$16.3M100xas long as short
GRVT NVDA_USDT_Perp0.0000%8h227.76+0.031%$20K$385K10xas long as short
SunX NVDA-USDT0.0000%8h227.21−0.211%$2K$3.7M20xas long as short
HTX NVDA-USDT0.0000%8h227.84+0.066%$198K$481K30xas long as short
Phemex NVDAUSDT0.0000%4h227.76+0.031%$2.2M$43K10xas long as short
Aster NVDAUSDT+0.0003%8h227.75+0.025%$484K$590K20xas long as short
Aftermath Perps NVDAUSD+0.0013%1h227.53−0.070%$118K$54K10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni NVDA+0.0024%8h227.76+0.030%$3.5M$2.0Mas long as short
Arcus NVDA-USD+0.0040%1h227.72+0.013%$406K$712K20xas long as short
QFEX NVDA-USD+0.0044%1h227.70+0.004%$1.4M$9.7M10xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.82+0.057%$74K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h227.55−0.061%$148.1M$44.2M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h227.64−0.022%$402K$277K10xas long as short
SoDEX NVDA-USD+0.0050%1h227.54−0.066%$58K$19K10xas long as short
Ondo Perps NVDA-USD.Pshort+0.0050%1h227.52−0.075%$1.6M$2.0M15x
Deribit NVDA_USDC-PERPETUAL+0.0058%1h227.65−0.018%$49K$1.6M10xas long as short
Coinbase International NVDA-PERP-INTX+0.0072%1h227.46−0.101%$1.3M$776K10xas long as short
Binance NVDAUSDT+0.0087%8h227.73+0.018%$156.3M$215.2M50xas long as short
Pacifica NVDA+0.0100%1h227.56−0.056%$299K$60K10xas long as short
ApeX Omni NVDAUSDT+0.0100%1h227.57−0.053%$16K$44K50xas long as short
Orderly PERP_NVDA_USDClong+0.0100%8h227.69long leg$36K$22K20x
Aevo NVDA-PERP+0.0104%1h227.67−0.010%10xas long as short
Phoenix NVDA+0.0105%1h227.65−0.018%$94K$112K20xas long as short
KuCoin NVDAUSDTM+0.0130%8h227.77+0.035%$1.6M$726K20xas long as short
Nado NVDA-PERP+0.0142%1h227.57−0.053%$484K$229K20xas long as short
Hotstuff NVDA-PERP+0.0144%1h227.55−0.061%$35K20xas long as short
Lighter NVDA+0.0192%1h227.69+0.002%$2.2M$3.2M20xas long as short
Lighter RH NVDA+0.0216%1h227.82+0.057%$5.1M$7.0M20xas long as short
Injective NVDA/USDC PERP+0.0220%1h227.91+0.097%$73K$13430xas long as short
Extended NVDA_24_5-USD+0.0232%1h227.52−0.075%$689K$714K10xas long as short
edgeX NVDAUSDC+0.0375%4h227.68−0.003%$170K$1.9M20xas long as short