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+0.0208%/8h= +22.8% APRnext payment +$2.08 per $10,000 · paid last 24h +0.053%
Price spread now: BloFin against SunX+0.208%55s7-day average +0.128% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$780.781% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.309%+$31 on $10k
Price spread, last 4 days (all we have)−0.125%−$13 · spread now +0.208%, 7d avg +0.128%
Together, before fees+0.184%+$18 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and BloFin is 0.080% dearer against SunX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.128%. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX NVDA-USDT225.970get 0.0000% / 8h1h 41m$3K$3.7M20x
ShortBloFin NVDA-USDT226.440.0208get 0.0208% / 8h1h 41m$716K$194K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against SunX. 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
$43.75
Price spread: +0.208% → +0.128%
$7.97
Slippage, 4 orders
−$58.14
Fee SunX: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$26.42
Costs to cover
0.781%
Break-even
11.2 days
Slippage from SunX: live order book, 6 min ago; BloFin: live order book, 45 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 SunX live order book, 6 min ago21.88 bp38.5 bp −$3867.8 bp −$678doesn't fitdoesn't fit
Sell BloFin live order book, 45 min ago0.44 bp7.3 bp −$78.6 bp −$8617.2 bp −$1,718doesn'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
Bybit NVDAUSDT0.0000%8h226.34+0.164%$12.4M$15.1M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h226.32+0.155%$14.2M$20.5M50xas long as short
Gate NVDA_USDT0.0000%8h226.27+0.133%$7.2M$9.8M100xas long as short
Bitget NVDAUSDT0.0000%8h226.35+0.168%$15.2M$16.3M100xas long as short
GRVT NVDA_USDT_Perp0.0000%8h226.42+0.199%$21K$423K10xas long as short
SunX NVDA-USDTlong0.0000%8h225.97long leg$3K$3.7M20x
HTX NVDA-USDT0.0000%8h226.38+0.181%$198K$453K30xas long as short
Phemex NVDAUSDT0.0000%4h226.65+0.301%$2.2M$42K10xas long as short
Aster NVDAUSDT+0.0003%8h226.36+0.174%$482K$571K20xas long as short
Aftermath Perps NVDAUSD+0.0016%1h226.32+0.156%$117K$52K10xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni NVDA+0.0018%8h226.33+0.157%$3.6M$2.1Mas long as short
Arcus NVDA-USD+0.0040%1h226.30+0.146%$398K$735K20xas long as short
Vest NVDA-USD-PERP+0.0046%1h226.41+0.195%$74K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h226.20+0.102%$146.9M$43.6M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h226.28+0.137%$398K$279K10xas long as short
SoDEX NVDA-USD+0.0050%1h226.23+0.115%$59K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h226.16+0.084%$1.6M$2.0M15xas long as short
QFEX NVDA-USD+0.0056%1h226.33+0.159%$1.3M$9.1M10xas long as short
Binance NVDAUSDT+0.0089%8h226.32+0.156%$154.3M$219.2M50xas long as short
Lighter NVDA+0.0096%1h226.29+0.143%$2.1M$3.3M20xas long as short
Pacifica NVDA+0.0100%1h226.20+0.101%$297K$48K10xas long as short
KuCoin NVDAUSDTM+0.0100%8h226.36+0.173%$1.6M$749K20xas long as short
ApeX Omni NVDAUSDT+0.0100%1h226.18+0.093%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h226.30+0.146%$36K$21K20xas long as short
Aevo NVDA-PERP+0.0104%1h226.32+0.157%10xas long as short
Phoenix NVDA+0.0106%1h226.20+0.102%$93K$112K20xas long as short
Coinbase International NVDA-PERP-INTX+0.0112%1h226.29+0.142%$1.3M$789K10xas long as short
Hotstuff NVDA-PERP+0.0128%1h226.18+0.093%$35K20xas long as short
Nado NVDA-PERP+0.0151%1h226.18+0.093%$480K$226K20xas long as short
Lighter RH NVDA+0.0152%1h226.42+0.199%$5.0M$6.9M20xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0192%1h226.27+0.133%$52K$1.8M10xas long as short
BloFin NVDA-USDTshort+0.0208%8h226.44+0.208%$716K$194K20x
Injective NVDA/USDC PERP+0.0220%1h227.01+0.460%$73K$13730xas long as short
Extended NVDA_24_5-USD+0.0464%1h226.13+0.071%$667K$762K10xas long as short
edgeX NVDAUSDC+0.0544%4h226.32+0.157%$170K$1.9M20xas long as short