Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.014%

Price spread now: KuCoin against Pacifica+0.056%7-day average +0.053% · you sell dearer than you buy

Net, funding: paid 7d − costs−$54as in the Funding arb table

Net, price: spread back to 7d avg − costs−$69as in the Price arb table

costs, in and out, $10k−$690.690% of the position

Long on Pacifica Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.148%+$15 on $10k

Price spread, last 4 days (all we have)−0.076%−$8 · spread now +0.056%, 7d avg +0.053%

Together, before fees+0.071%+ Points / potential airdropPacifica: Active · farm board+$7 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica NVDA	226.30	0.0100	pay 0.0013% / 1h	23m 31s	$297K	$50K	10x
Short	KuCoin NVDAUSDTM	226.43	0.0100	get 0.0100% / 8h	2h 23m	$1.6M	$739K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee PacificabpFee KuCoinbpOrdersPrice spread, now +0.056%Rate

Funding earned: $0
Price spread: +0.056% → +0.053%: $0.29
Slippage, 4 orders: −$49.03
Fee Pacifica: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$68.74
Costs to cover: 0.690%
Break-even: never at this rate

Slippage from Pacifica: live order book, 25 min ago; KuCoin: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Pacifica live order book, 25 min ago	1.54 bp	10.6 bp −$11	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 2 min ago	0.22 bp	18.9 bp −$19	doesn't fit	doesn't fit	doesn't fit

NVDA on 35 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hotstuff NVDA-PERP	−0.0064%	1h	226.33	+0.012%	$35K	—	20x	as long as short
Aster NVDAUSDT	0.0000%	8h	226.43	+0.055%	$482K	$571K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	226.38	+0.034%	$12.5M	$15.0M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	226.38	+0.034%	$14.2M	$20.4M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	226.36	+0.025%	$7.2M	$9.8M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	226.44	+0.061%	$15.2M	$16.4M	100x	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	226.42	+0.054%	$22K	$410K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.20	−0.045%	$2K	$3.7M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	226.55	+0.109%	$198K	$459K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	226.56	+0.114%	$2.2M	$43K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni NVDA	+0.0004%	8h	226.34	+0.015%	$3.6M	$2.1M	—	as long as short
Aftermath Perps NVDAUSD	+0.0011%	1h	226.34	+0.014%	$117K	$52K	10x	as long as short
Lighter NVDA	+0.0040%	1h	226.39	+0.039%	$2.1M	$3.4M	20x	as long as short
Arcus NVDA-USD	+0.0040%	1h	226.34	+0.016%	$398K	$728K	20x	as long as short
QFEX NVDA-USD	+0.0042%	1h	226.34	+0.016%	$1.3M	$9.1M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	226.51	+0.092%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	226.26	−0.019%	$146.9M	$43.4M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	226.37	+0.030%	$398K	$278K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	226.31	+0.003%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.19	−0.050%	$1.6M	$2.0M	15x	as long as short
Nado NVDA-PERP	+0.0078%	1h	226.31	+0.005%	$481K	$227K	20x	as long as short
Binance NVDAUSDT	+0.0080%	8h	226.43	+0.056%	$154.4M	$218.3M	50x	as long as short
Pacifica NVDAlong	+0.0100%	1h	226.30	long leg	$297K	$50K	10x
KuCoin NVDAUSDTMshort	+0.0100%	8h	226.43	+0.056%	$1.6M	$739K	20x
ApeX Omni NVDAUSDT	+0.0100%	1h	226.19	−0.050%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.44	+0.061%	$36K	$21K	20x	as long as short
Lighter RH NVDA	+0.0104%	1h	226.52	+0.096%	$5.1M	$7.1M	20x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	226.46	+0.072%	—	—	10x	as long as short
Phoenix NVDA	+0.0106%	1h	226.27	−0.014%	$93K	$112K	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0128%	1h	226.29	−0.006%	$1.3M	$789K	10x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0148%	1h	226.39	+0.039%	$52K	$1.8M	10x	as long as short
BloFin NVDA-USDT	+0.0199%	8h	226.43	+0.056%	$716K	$191K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	226.71	+0.180%	$73K	$138	30x	as long as short
Extended NVDA_24_5-USD	+0.0336%	1h	226.23	−0.032%	$668K	$766K	10x	as long as short
edgeX NVDAUSDC	+0.0908%	4h	226.31	+0.003%	$170K	$1.9M	20x	as long as short