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

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.02 per $10,000 · paid last 24h +0.011%
Price spread now: Nado against Arcus−0.013%7-day average +0.070% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$420.418% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.032%−$3 on $10k
Price spread, last 4 days (all we have)+0.036%+$4 · spread now −0.013%, 7d avg +0.070%
Together, before fees+0.004%+ Points / potential airdropNado: Active · farm board$0 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.083% cheaper against Arcus than usual: you would sell low and buy high (spread −0.013% now, against its 7-day average of +0.070%). If the spread goes back, that is −$8 on $10k: about 23 days of funding at the current rate ($0 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus NVDA-USD226.840.0040pay 0.0005% / 1h47m 41s$398K$729K20x
ShortNado NVDA-PERP226.810.0052get 0.0007% / 1h47m 41s$482K$226K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
$2.53
Price spread: −0.013% → +0.070%
−$8.27
Slippage, 4 orders
−$30.32
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$47.56
Costs to cover
0.418%
Break-even
138.6 days
Slippage from Arcus: live order book, 1 min ago; Nado: live order book, 65 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, 1 min ago1.10 bp9.8 bp −$1012.9 bp −$129doesn't fitdoesn't fit
Sell Nado live order book, 65 min ago0.22 bp12.9 bp −$1325.5 bp −$255doesn'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
Aster NVDAUSDT0.0000%8h226.87+0.013%$483K$571K20xas long as short
Bybit NVDAUSDT0.0000%8h226.89+0.022%$12.5M$14.9M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h226.90+0.026%$14.3M$20.3M50xas long as short
Gate NVDA_USDT0.0000%8h226.87+0.013%$7.3M$9.7M100xas long as short
Bitget NVDAUSDT0.0000%8h226.94+0.044%$15.3M$16.3M100xas long as short
GRVT NVDA_USDT_Perp0.0000%8h226.94+0.043%$21K$409K10xas long as short
SunX NVDA-USDT0.0000%8h226.61−0.101%$2K$3.7M20xas long as short
Deribit NVDA_USDC-PERPETUAL0.0000%1h226.840.000%$52K$1.7M10xas long as short
HTX NVDA-USDT0.0000%8h227.01+0.075%$198K$462K30xas long as short
Phemex NVDAUSDT0.0000%4h226.95+0.048%$2.2M$43K10xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps NVDAUSD+0.0007%1h226.72−0.052%$118K$52K10xas long as short
Variational Omni NVDA+0.0009%8h226.94+0.042%$3.6M$2.1Mas long as short
Lighter NVDA+0.0032%1h226.90+0.025%$2.1M$3.3M20xas long as short
Arcus NVDA-USDlong+0.0040%1h226.84long leg$398K$729K20x
QFEX NVDA-USD+0.0042%1h226.89+0.022%$1.3M$9.1M10xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.03+0.084%$74K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h226.77−0.031%$147.3M$43.4M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h226.86+0.009%$399K$277K10xas long as short
SoDEX NVDA-USD+0.0050%1h226.80−0.018%$59K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h226.75−0.040%$1.6M$2.0M15xas long as short
Nado NVDA-PERPshort+0.0052%1h226.81−0.013%$482K$226K20x
edgeX NVDAUSDC+0.0063%4h226.87+0.014%$170K$1.9M20xas long as short
Binance NVDAUSDT+0.0080%8h226.95+0.048%$155.2M$217.2M50xas long as short
Lighter RH NVDA+0.0096%1h227.05+0.093%$5.1M$7.1M20xas long as short
Pacifica NVDA+0.0100%1h226.80−0.018%$298K$50K10xas long as short
KuCoin NVDAUSDTM+0.0100%8h226.91+0.031%$1.6M$734K20xas long as short
ApeX Omni NVDAUSDT+0.0100%1h226.81−0.013%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h226.89+0.022%$36K$21K20xas long as short
Hotstuff NVDA-PERP+0.0104%1h226.79−0.022%$35K20xas long as short
Aevo NVDA-PERP+0.0104%1h226.90+0.028%10xas long as short
Phoenix NVDA+0.0106%1h226.86+0.009%$93K$112K20xas long as short
Coinbase International NVDA-PERP-INTX+0.0128%1h226.63−0.093%$1.3M$781K10xas long as short
BloFin NVDA-USDT+0.0201%8h227.00+0.071%$718K$191K20xas long as short
Injective NVDA/USDC PERP+0.0220%1h227.12+0.123%$73K$13630xas long as short
Extended NVDA_24_5-USD+0.0256%1h226.75−0.042%$668K$767K10xas long as short