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

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0419%/8h= +45.9% APRpaid last 24h +0.072%
Price spread now: edgeX against Arcus+0.039%7-day average +0.086% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$360.361% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.399%+$40 on $10k
Price spread, last 4 days (all we have)+0.051%+$5 · spread now +0.039%, 7d avg +0.086%
Together, before fees+0.449%+ Points / potential airdropedgeX: Active · farm board+$45 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.047% cheaper against Arcus than usual: you would sell low and buy high (spread +0.039% now, against its 7-day average of +0.086%). If the spread goes back, that is −$5 on $10k: about 9 hours of funding at the current rate (+$13 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus NVDA-USD227.680.0040pay 0.0005% / 1h16m 46s$400K$723K20x
ShortedgeX NVDAUSDC227.770.0460get 0.0230% / 4h2h 16m$170K$1.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Arcus. 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
$88.09
Price spread: +0.039% → +0.086%
−$4.73
Slippage, 4 orders
−$22.56
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$47.3
Costs to cover
0.361%
Break-even
3.2 days
Slippage from Arcus: live order book, 52 min ago; edgeX: live order book, 2 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 Arcus live order book, 52 min ago1.32 bp10.5 bp −$1116.0 bp −$160doesn't fitdoesn't fit
Sell edgeX live order book, 2 min ago3.51 bp8.3 bp −$813.3 bp −$133doesn't fitdoesn't fit

NVDA on 34 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%8h227.81+0.057%$12.7M$15.1M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h227.83+0.066%$14.4M$20.3M50xas long as short
Gate NVDA_USDT0.0000%8h227.76+0.035%$7.2M$9.6M100xas long as short
Bitget NVDAUSDT0.0000%8h227.86+0.079%$15.4M$16.4M100xas long as short
SunX NVDA-USDT0.0000%8h227.35−0.145%$2K$3.8M20xas long as short
HTX NVDA-USDT0.0000%8h227.96+0.123%$198K$494K30xas long as short
Phemex NVDAUSDT0.0000%4h227.95+0.119%$2.2M$43K10xas long as short
Aster NVDAUSDT0.0000%8h227.79+0.048%$484K$590K20xas long as short
Aftermath Perps NVDAUSD+0.0012%1h227.67−0.003%$118K$54K10xas long as short
GRVT NVDA_USDT_Perp+0.0020%8h227.82+0.061%$20K$388K10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni NVDA+0.0022%8h227.79+0.050%$3.5M$2.0Mas long as short
Arcus NVDA-USDlong+0.0040%1h227.68long leg$400K$723K20x
QFEX NVDA-USD+0.0045%1h227.85+0.075%$1.4M$10.0M10xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.98+0.132%$74K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h227.67−0.004%$148.1M$44.6M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h227.82+0.061%$402K$277K10xas long as short
SoDEX NVDA-USD+0.0050%1h227.72+0.018%$58K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h227.67−0.004%$1.6M$2.0M15xas long as short
Hotstuff NVDA-PERP+0.0056%1h227.74+0.026%$35K20xas long as short
Coinbase International NVDA-PERP-INTX+0.0072%1h227.46−0.097%$1.3M$786K10xas long as short
Nado NVDA-PERP+0.0081%1h227.77+0.040%$484K$229K20xas long as short
Binance NVDAUSDT+0.0085%8h227.83+0.066%$156.3M$215.8M50xas long as short
Pacifica NVDA+0.0100%1h227.73+0.022%$299K$60K10xas long as short
ApeX Omni NVDAUSDT+0.0100%1h227.69+0.004%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h227.83+0.066%$36K$22K20xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0101%1h227.78+0.044%$49K$1.5M10xas long as short
Aevo NVDA-PERP+0.0104%1h227.86+0.079%10xas long as short
Phoenix NVDA+0.0105%1h227.66−0.009%$94K$112K20xas long as short
Lighter NVDA+0.0120%1h227.82+0.060%$2.2M$3.2M20xas long as short
KuCoin NVDAUSDTM+0.0131%8h227.89+0.092%$1.6M$736K20xas long as short
Lighter RH NVDA+0.0136%1h227.96+0.123%$5.1M$7.0M20xas long as short
Extended NVDA_24_5-USD+0.0168%1h227.67−0.004%$689K$714K10xas long as short
Injective NVDA/USDC PERP+0.0220%1h228.09+0.180%$73K$13830xas long as short
edgeX NVDAUSDCshort+0.0460%4h227.77+0.039%$170K$1.9M20x