Settings8H · net · $10k
Funding arb · Price arb /

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.012%
Price spread now: Pacifica against tradeXYZ−0.001%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$390.388% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.033%+$3 on $10k
Price spread, last 4 days (all we have)+0.039%+$4 · spread now −0.001%, 7d avg +0.006%
Together, before fees+0.072%+ Points / potential airdroptradeXYZ: Active · Pacifica: Active · farm board+$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.006%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:NVDA227.460.0050pay 0.0006% / 1h9m 49s$147.8M$43.6M20x
ShortPacifica NVDA227.460.0100get 0.0013% / 1h9m 49s$299K$51K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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

Funding earned
$10.5
Price spread: −0.001% → +0.006%
−$0.66
Slippage, 4 orders
−$12.79
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$28.95
Costs to cover
0.388%
Break-even
26.3 days
Slippage from tradeXYZ: live order book, 9 min ago; Pacifica: live order book, 48 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 tradeXYZ live order book, 9 min ago0.22 bp9.2 bp −$910.5 bp −$105doesn't fitdoesn't fit
Sell Pacifica live order book, 48 min ago1.98 bp10.1 bp −$10doesn't fitdoesn't fitdoesn'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%8h227.58+0.053%$12.7M$14.8M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h227.58+0.053%$14.4M$20.5M50xas long as short
Gate NVDA_USDT0.0000%8h227.53+0.031%$7.2M$9.7M100xas long as short
Bitget NVDAUSDT0.0000%8h227.63+0.075%$15.5M$16.4M100xas long as short
SunX NVDA-USDT0.0000%8h227.24−0.097%$2K$3.7M20xas long as short
HTX NVDA-USDT0.0000%8h227.64+0.079%$198K$468K30xas long as short
Phemex NVDAUSDT0.0000%4h227.62+0.070%$2.2M$43K10xas long as short
Aftermath Perps NVDAUSD+0.0015%1h227.56+0.042%$118K$54K10xas long as short
GRVT NVDA_USDT_Perp+0.0021%8h227.63+0.075%$20K$390K10xas long as short
Aster NVDAUSDT+0.0030%8h227.63+0.073%$483K$590K20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus NVDA-USD+0.0040%1h227.54+0.035%$399K$741K20xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.70+0.106%$74K25xas long as short
tradeXYZ xyz:NVDAlong+0.0050%1h227.46long leg$147.8M$43.6M20x
Polymarket Perps NVDA-USD+0.0050%1h227.56+0.044%$401K$276K10xas long as short
SoDEX NVDA-USD+0.0050%1h227.45−0.004%$58K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h227.36−0.044%$1.6M$2.0M15xas long as short
QFEX NVDA-USD+0.0057%1h227.55+0.040%$1.3M$9.2M10xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0058%1h227.50+0.018%$49K$1.6M10xas long as short
Variational Omni NVDA+0.0061%8h227.56+0.045%$3.5M$2.1Mas long as short
Nado NVDA-PERP+0.0069%1h227.48+0.008%$484K$228K20xas long as short
Lighter NVDA+0.0072%1h227.57+0.050%$2.2M$3.3M20xas long as short
Hotstuff NVDA-PERP+0.0088%1h227.45−0.004%$35K20xas long as short
Pacifica NVDAshort+0.0100%1h227.46−0.001%$299K$51K10x
ApeX Omni NVDAUSDT+0.0100%1h227.47+0.004%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h227.56+0.044%$36K$21K20xas long as short
Coinbase International NVDA-PERP-INTX+0.0104%1h227.53+0.031%$1.3M$775K10xas long as short
Aevo NVDA-PERP+0.0112%1h227.58+0.053%10xas long as short
Binance NVDAUSDT+0.0115%8h227.60+0.061%$156.2M$215.8M50xas long as short
KuCoin NVDAUSDTM+0.0129%8h227.63+0.075%$1.6M$722K20xas long as short
Phoenix NVDA+0.0141%1h227.52+0.026%$94K$112K20xas long as short
Lighter RH NVDA+0.0144%1h227.74+0.123%$5.1M$7.1M20xas long as short
Injective NVDA/USDC PERP+0.0220%1h227.91+0.198%$73K$13930xas long as short
BloFin NVDA-USDT+0.0235%8h227.63+0.075%$721K$201K20xas long as short
Extended NVDA_24_5-USD+0.0344%1h227.40−0.026%$673K$754K10xas long as short
edgeX NVDAUSDC+0.0852%4h227.56+0.044%$170K$1.9M20xas long as short