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+0.0162%/8h= +17.8% APRnext payment +$0.20 per $10,000 · paid last 24h +0.027%
Price spread now: Phoenix against SoDEX+0.018%70s7-day average · you sell dearer than you buy
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$5 a day on $10k at the current rate. The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX NVDA-USD226.830.0050pay 0.0006% / 1h56m 05s$59K$18K10x
ShortPhoenix NVDA226.870.0212get 0.0027% / 1h56m 05s$93K$83K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phoenix 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

Funding earned
$34.07
Price spread: +0.018% → 0.000%
$1.76
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
$20.84
Costs to cover
0.150%
Break-even
2.7 days
Slippage unknown: SoDEX: no order-book sample; Phoenix: 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 SoDEX no order-book sample
Sell Phoenix no order-book sample
SoDEX and Phoenix: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit NVDAUSDT0.0000%8h226.90+0.031%$12.7M$15.1M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h226.90+0.031%$14.2M$20.3M50xas long as short
Gate NVDA_USDT0.0000%8h226.91+0.035%$7.2M$9.3M100xas long as short
Bitget NVDAUSDT0.0000%8h227.01+0.079%$15.7M$16.0M100xas long as short
SunX NVDA-USDT0.0000%8h226.56−0.119%$2K$3.5M20xas long as short
HTX NVDA-USDT0.0000%8h227.07+0.106%$198K$436K30xas long as short
Phemex NVDAUSDT0.0000%4h227.01+0.079%$2.2M$41K10xas long as short
Aftermath Perps NVDAUSD+0.0013%1h226.87+0.016%$117K$51K10xas long as short
Extended NVDA_24_5-USD+0.0032%1h226.78−0.024%$641K$885K10xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.11+0.123%$74K25xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX NVDA-USD+0.0047%1h227.00+0.075%$1.3M$9.1M10xas long as short
Hotstuff NVDA-PERP+0.0048%1h226.79−0.018%$35K20xas long as short
tradeXYZ xyz:NVDA+0.0050%1h226.78−0.022%$147.7M$44.9M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h226.89+0.026%$392K$240K10xas long as short
SoDEX NVDA-USDlong+0.0050%1h226.83long leg$59K$18K10x
Ondo Perps NVDA-USD.P+0.0050%1h226.81−0.009%$1.6M$1.9M15xas long as short
GRVT NVDA_USDT_Perp+0.0053%8h226.94+0.049%$21K$433K10xas long as short
Lighter NVDA+0.0064%1h226.94+0.048%$2.1M$3.1M20xas long as short
Aster NVDAUSDT+0.0083%8h226.96+0.057%$485K$543K20xas long as short
Pacifica NVDA+0.0100%1h226.83−0.002%$298K$50K10xas long as short
ApeX Omni NVDAUSDT+0.0100%1h226.76−0.031%$16K$45K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h226.93+0.044%$36K$20K20xas long as short
Variational Omni NVDA+0.0111%8h226.94+0.050%$3.3M$2.5Mas long as short
Nado NVDA-PERP+0.0111%1h226.87+0.018%$482K$221K20xas long as short
Aevo NVDA-PERP+0.0120%1h227.00+0.073%10xas long as short
KuCoin NVDAUSDTM+0.0121%8h226.97+0.062%$1.6M$1.1M20xas long as short
Coinbase International NVDA-PERP-INTX+0.0128%1h227.02+0.084%$1.3M$682K10xas long as short
Lighter RH NVDA+0.0152%1h227.09+0.115%$5.1M$6.9M20xas long as short
Binance NVDAUSDT+0.0169%8h226.92+0.040%$155.6M$223.4M50xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0191%1h226.90+0.031%$53K$1.9M10xas long as short
Phoenix NVDAshort+0.0212%1h226.87+0.018%$93K$83K20x
Injective NVDA/USDC PERP+0.0220%1h227.48+0.287%$73K$13530xas long as short
Arcus NVDA-USD+0.0225%1h226.98+0.066%$393K$740K20xas long as short
BloFin NVDA-USDT+0.0288%8h226.95+0.053%$717K$202K20xas long as short
edgeX NVDAUSDC+0.0289%4h226.94+0.050%$171K$1.9M20xas long as short