Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0095%/8h= +10.4% APRpaid last 24h +0.029%

Price spread now: KuCoin against SoDEX+0.075%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on SoDEX Short on KuCoin

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.075% dearer against SoDEX than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX NVDA-USD	227.75	0.0050	pay 0.0006% / 1h	59m 39s	$59K	$19K	10x
Short	KuCoin NVDAUSDTM	227.92	0.0145	get 0.0145% / 8h	6h 59m	$1.6M	$734K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against SoDEX. 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 SoDEXbpFee KuCoinbpOrdersPrice spread, now +0.075%Rate

Funding earned: $19.95
Price spread: +0.075% → 0.000%: $7.46
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: $7.41
Costs to cover: 0.200%
Break-even: 4.4 days

Slippage unknown: SoDEX: no order-book sample; KuCoin: live order book, 1 min ago. Net counts fees only.

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 SoDEX no order-book sample	—	—	—	—	—
Sell KuCoin live order book, 1 min ago	1.32 bp	18.3 bp −$18	doesn't fit	doesn't fit	doesn't fit

SoDEX: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit NVDAUSDT	0.0000%	8h	227.90	+0.066%	$12.7M	$15.2M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.87	+0.053%	$14.4M	$20.5M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.80	+0.022%	$7.2M	$9.5M	100x	as long as short
SunX NVDA-USDT	0.0000%	8h	227.44	−0.136%	$2K	$3.8M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.90	+0.066%	$198K	$505K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.92	+0.075%	$2.2M	$43K	10x	as long as short
Aster NVDAUSDT	+0.0003%	8h	227.79	+0.019%	$484K	$582K	20x	as long as short
Aftermath Perps NVDAUSD	+0.0013%	1h	227.85	+0.042%	$118K	$55K	10x	as long as short
Hotstuff NVDA-PERP	+0.0016%	1h	227.76	+0.004%	$35K	—	20x	as long as short
Variational Omni NVDA	+0.0019%	8h	227.86	+0.046%	$3.5M	$1.9M	—	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended NVDA_24_5-USD	+0.0032%	1h	227.72	−0.013%	$695K	$671K	10x	as long as short
Bitget NVDAUSDT	+0.0036%	8h	227.92	+0.075%	$15.4M	$16.8M	100x	as long as short
Arcus NVDA-USD	+0.0040%	1h	227.73	−0.009%	$400K	$724K	20x	as long as short
QFEX NVDA-USD	+0.0042%	1h	227.87	+0.053%	$1.5M	$10.8M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.99	+0.105%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.77	+0.009%	$148.1M	$46.0M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.86	+0.048%	$402K	$289K	10x	as long as short
SoDEX NVDA-USDlong	+0.0050%	1h	227.75	long leg	$59K	$19K	10x
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.70	−0.022%	$1.5M	$2.1M	15x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0080%	1h	227.46	−0.127%	$1.3M	$798K	10x	as long as short
Nado NVDA-PERP	+0.0085%	1h	227.81	+0.026%	$484K	$229K	20x	as long as short
Binance NVDAUSDT	+0.0088%	8h	227.91	+0.070%	$156.5M	$217.0M	50x	as long as short
Pacifica NVDA	+0.0100%	1h	227.75	−0.001%	$299K	$60K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.74	−0.004%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.88	+0.057%	$36K	$22K	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0101%	1h	227.83	+0.035%	$49K	$1.5M	10x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	227.87	+0.053%	—	—	10x	as long as short
Phoenix NVDA	+0.0106%	1h	227.75	0.000%	$94K	$112K	20x	as long as short
KuCoin NVDAUSDTMshort	+0.0145%	8h	227.92	+0.075%	$1.6M	$734K	20x
Lighter NVDA	+0.0152%	1h	227.89	+0.062%	$2.2M	$3.2M	20x	as long as short
Lighter RH NVDA	+0.0152%	1h	228.03	+0.123%	$5.1M	$7.0M	20x	as long as short
GRVT NVDA_USDT_Perp	+0.0190%	8h	227.92	+0.072%	$21K	$391K	10x	as long as short
BloFin NVDA-USDT	+0.0207%	8h	227.90	+0.066%	$720K	$205K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	228.20	+0.198%	$73K	$140	30x	as long as short
edgeX NVDAUSDC	+0.0342%	4h	227.88	+0.056%	$170K	$1.9M	20x	as long as short