Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0037%/8h= +4.1% APRpaid last 24h +0.015%

Price spread now: Binance against tradeXYZ+0.053%7-day average +0.066% · you sell dearer than you buy

Net, funding: paid 7d − costs−$26as in the Funding arb table

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$300.297% of the position

Long on tradeXYZ Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.041%+$4 on $10k

Price spread, last 2 days (all we have)+0.047%+$5 · spread now +0.053%, 7d avg +0.066%

Together, before fees+0.088%+ Points / potential airdroptradeXYZ: Active · farm board+$9 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.066%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:NVDA	227.78	0.0050	pay 0.0006% / 1h	0m 29s	$148.1M	$46.0M	20x
Short	Binance NVDAUSDT	227.90	0.0087	get 0.0087% / 8h	7h 00m	$156.5M	$217.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against tradeXYZ. 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 tradeXYZbpFee BinancebpOrdersPrice spread, now +0.053%Rate

Funding earned: $7.81
Price spread: +0.053% → +0.066%: −$1.24
Slippage, 4 orders: −$1.74
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Binance: 5 bp × 2 orders: −$10
Net: −$23.17
Costs to cover: 0.297%
Break-even: 27.8 days

Slippage from tradeXYZ: live order book, 9 min ago; Binance: live order book, 13 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 tradeXYZ live order book, 9 min ago	0.22 bp	9.5 bp −$9	10.5 bp −$105	doesn't fit	doesn't fit
Sell Binance live order book, 13 min ago	0.22 bp	5.4 bp −$5	6.4 bp −$64	19.6 bp −$1,964	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
Bybit NVDAUSDT	0.0000%	8h	227.90	+0.053%	$12.7M	$15.2M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.88	+0.044%	$14.4M	$20.5M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.82	+0.018%	$7.2M	$9.7M	100x	as long as short
SunX NVDA-USDT	0.0000%	8h	227.42	−0.158%	$2K	$3.8M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.90	+0.053%	$198K	$505K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.94	+0.070%	$2.2M	$43K	10x	as long as short
Aster NVDAUSDT	+0.0002%	8h	227.78	−0.001%	$484K	$582K	20x	as long as short
Aftermath Perps NVDAUSD	+0.0012%	1h	227.85	+0.029%	$118K	$55K	10x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0013%	1h	227.80	+0.009%	$49K	$1.5M	10x	as long as short
Hotstuff NVDA-PERP	+0.0016%	1h	227.76	−0.009%	$35K	—	20x	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	+0.0019%	8h	227.86	+0.033%	$3.5M	$1.9M	—	as long as short
Extended NVDA_24_5-USD	+0.0032%	1h	227.74	−0.018%	$636K	$597K	10x	as long as short
Bitget NVDAUSDT	+0.0038%	8h	227.92	+0.061%	$15.4M	$16.8M	100x	as long as short
Arcus NVDA-USD	+0.0040%	1h	227.73	−0.022%	$400K	$724K	20x	as long as short
QFEX NVDA-USD	+0.0042%	1h	227.87	+0.040%	$1.5M	$10.8M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.99	+0.092%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDAlong	+0.0050%	1h	227.78	long leg	$148.1M	$46.0M	20x
Polymarket Perps NVDA-USD	+0.0050%	1h	227.86	+0.035%	$402K	$289K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.74	−0.018%	$58K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.73	−0.022%	$1.5M	$2.1M	15x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0080%	1h	227.46	−0.140%	$1.3M	$798K	10x	as long as short
Nado NVDA-PERP	+0.0085%	1h	227.81	+0.013%	$484K	$229K	20x	as long as short
Binance NVDAUSDTshort	+0.0087%	8h	227.90	+0.053%	$156.5M	$217.0M	50x
Pacifica NVDA	+0.0100%	1h	227.76	−0.010%	$299K	$60K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.74	−0.018%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.86	+0.035%	$36K	$22K	20x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	227.86	+0.034%	—	—	10x	as long as short
Phoenix NVDA	+0.0106%	1h	227.75	−0.013%	$94K	$112K	20x	as long as short
KuCoin NVDAUSDTM	+0.0145%	8h	227.92	+0.061%	$1.6M	$734K	20x	as long as short
Lighter NVDA	+0.0152%	1h	227.93	+0.065%	$2.2M	$3.3M	20x	as long as short
Lighter RH NVDA	+0.0152%	1h	228.08	+0.132%	$5.1M	$7.2M	20x	as long as short
GRVT NVDA_USDT_Perp	+0.0190%	8h	227.92	+0.059%	$21K	$391K	10x	as long as short
BloFin NVDA-USDT	+0.0207%	8h	227.90	+0.053%	$720K	$205K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	228.20	+0.184%	$73K	$140	30x	as long as short
edgeX NVDAUSDC	+0.0342%	4h	227.88	+0.042%	$170K	$1.9M	20x	as long as short