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−0.0068%/8h= −7.4% APRnext payment $0.09 per $10,000 · paid last 24h −0.020%
Price spread now: Extended against Pacifica−0.013%7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$290.285% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.074%−$7 on $10k
Price spread, last 4 days (all we have)−0.036%−$4 · spread now −0.013%, 7d avg +0.001%
Together, before fees−0.110%+ Points / potential airdropPacifica: Active · Extended: Active · farm board−$11 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.001%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica NVDA227.750.0100pay 0.0013% / 1h25m 35s$299K$60K10x
ShortExtended NVDA_24_5-USD227.720.0032get 0.0004% / 1h25m 35s$524K$474K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Pacifica. 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
−$14.28
Price spread: −0.013% → +0.001%
−$1.37
Slippage, 4 orders
−$15.54
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$44.19
Costs to cover
0.285%
Break-even
never at this rate
Slippage from Pacifica: live order book, 48 min ago; Extended: live order book, 47 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 Pacifica live order book, 48 min ago1.76 bp10.0 bp −$10doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 47 min ago0.22 bp6.6 bp −$752.4 bp −$524doesn't fitdoesn'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%8h227.73−0.010%$483K$586K20xas long as short
Bybit NVDAUSDT0.0000%8h227.90+0.066%$12.7M$15.3M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h227.88+0.057%$14.4M$20.7M50xas long as short
Gate NVDA_USDT0.0000%8h227.77+0.009%$7.2M$9.7M100xas long as short
Variational Omni NVDA0.0000%8h227.86+0.047%$3.5M$1.9Mas long as short
SunX NVDA-USDT0.0000%8h227.49−0.114%$2K$3.8M20xas long as short
HTX NVDA-USDT0.0000%8h227.77+0.009%$198K$510K30xas long as short
Phemex NVDAUSDT0.0000%4h227.93+0.079%$2.2M$42K10xas long as short
GRVT NVDA_USDT_Perp+0.0014%8h227.77+0.010%$21K$394K10xas long as short
Aftermath Perps NVDAUSD+0.0014%1h227.64−0.050%$118K$55K10xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended NVDA_24_5-USDshort+0.0032%1h227.72−0.013%$524K$474K10x
Arcus NVDA-USD+0.0040%1h227.70−0.022%$400K$724K20xas long as short
QFEX NVDA-USD+0.0042%1h227.79+0.018%$1.6M$11.1M10xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.96+0.092%$74K25xas long as short
Bitget NVDAUSDT+0.0047%8h227.96+0.092%$15.5M$16.9M100xas long as short
tradeXYZ xyz:NVDA+0.0050%1h227.76+0.004%$147.9M$46.9M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h227.83+0.035%$402K$289K10xas long as short
SoDEX NVDA-USD+0.0050%1h227.77+0.009%$59K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h227.63−0.053%$1.6M$2.1M15xas long as short
Binance NVDAUSDT+0.0056%8h227.92+0.075%$156.6M$217.6M50xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0057%1h227.86+0.048%$49K$1.4M10xas long as short
Hotstuff NVDA-PERP+0.0072%1h227.79+0.018%$35K20xas long as short
Coinbase International NVDA-PERP-INTX+0.0080%1h227.46−0.127%$1.3M$800K10xas long as short
Nado NVDA-PERP+0.0083%1h227.82+0.031%$484K$229K20xas long as short
Aevo NVDA-PERP+0.0096%1h227.86+0.049%10xas long as short
Pacifica NVDAlong+0.0100%1h227.75long leg$299K$60K10x
ApeX Omni NVDAUSDT+0.0100%1h227.70−0.022%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h227.85+0.044%$36K$22K20xas long as short
Phoenix NVDA+0.0106%1h227.64−0.048%$94K$112K20xas long as short
KuCoin NVDAUSDTM+0.0131%8h227.85+0.044%$1.6M$740K20xas long as short
edgeX NVDAUSDC+0.0142%4h227.84+0.040%$170K$1.9M20xas long as short
Lighter NVDA+0.0144%1h227.92+0.076%$2.2M$3.2M20xas long as short
Lighter RH NVDA+0.0144%1h228.06+0.136%$5.1M$7.1M20xas long as short
BloFin NVDA-USDT+0.0172%8h227.85+0.044%$716K$206K20xas long as short
Injective NVDA/USDC PERP+0.0220%1h228.22+0.206%$73K$13830xas long as short