Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0020%/8hnext payment +$0.20 per $10,000 · paid last 24h +0.013%

Price spread now: KuCoin against Binance−0.009%7-day average −0.019% · you buy dearer than you sell

Net, funding: paid 7d − costs−$65as in the Funding arb table

Net, price: spread back to 7d avg − costs−$76as in the Price arb table

costs, in and out, $10k−$770.772% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.125%+$12 on $10k

Price spread, last 1 day (all we have)−0.066%−$7 · spread now −0.009%, 7d avg −0.019%

Together, before fees+0.058%+$6 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.019%, 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	Binance NVDAUSDT	227.67	0.0080	pay 0.0080% / 8h	4h 21m	$156.7M	$208.1M	50x
Short	KuCoin NVDAUSDTM	227.65	0.0100	get 0.0100% / 8h	4h 21m	$1.6M	$706K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Binance. 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 BinancebpFee KuCoinbpOrdersPrice spread, now −0.009%Rate

Funding earned: $4.2
Price spread: −0.009% → −0.019%: $1
Slippage, 4 orders: −$55.21
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$72.01
Costs to cover: 0.772%
Break-even: 127.0 days

Slippage from Binance: live order book, 11 min ago; KuCoin: live order book, 8 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 Binance live order book, 11 min ago	0.22 bp	5.3 bp −$5	6.1 bp −$61	13.2 bp −$1,322	50.0 bp −$25.0K
Sell KuCoin live order book, 8 min ago	0.44 bp	20.1 bp −$20	doesn't fit	doesn't fit	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	227.59	−0.035%	$12.8M	$14.6M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.59	−0.035%	$14.4M	$20.4M	50x	as long as short
Hotstuff NVDA-PERP	0.0000%	1h	227.50	−0.075%	$35K	—	20x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.55	−0.053%	$7.2M	$8.9M	100x	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	227.69	+0.009%	$20K	$486K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	227.22	−0.198%	$2K	$4.0M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.63	−0.018%	$197K	$437K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.62	−0.022%	$2.2M	$41K	10x	as long as short
Variational Omni NVDA	+0.0011%	8h	227.59	−0.033%	$3.3M	$2.2M	—	as long as short
Aster NVDAUSDT	+0.0028%	8h	227.62	−0.022%	$511K	$393K	20x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended NVDA_24_5-USD	+0.0032%	1h	227.50	−0.076%	$530K	$341K	10x	as long as short
Arcus NVDA-USD	+0.0040%	1h	227.56	−0.048%	$413K	$634K	20x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.75	+0.035%	—	$73K	25x	as long as short
QFEX NVDA-USD	+0.0050%	1h	227.56	−0.048%	$1.5M	$10.8M	10x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.56	−0.048%	$147.6M	$47.6M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.50	−0.075%	$396K	$220K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.54	−0.057%	$58K	$20K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.33	−0.149%	$1.6M	$2.0M	15x	as long as short
Binance NVDAUSDTlong	+0.0080%	8h	227.67	long leg	$156.7M	$208.1M	50x
Pacifica NVDA	+0.0100%	1h	227.40	−0.119%	$298K	$52K	10x	as long as short
KuCoin NVDAUSDTMshort	+0.0100%	8h	227.65	−0.009%	$1.6M	$706K	20x
ApeX Omni NVDAUSDT	+0.0100%	1h	227.58	−0.040%	$16K	$43K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.58	−0.040%	$36K	$22K	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0102%	1h	227.61	−0.026%	$49K	$1.4M	10x	as long as short
Lighter RH NVDA	+0.0104%	1h	227.81	+0.061%	$4.8M	$6.8M	20x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	227.61	−0.025%	—	—	10x	as long as short
Nado NVDA-PERP	+0.0109%	1h	227.50	−0.077%	$478K	$216K	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0120%	1h	227.55	−0.053%	$1.3M	$818K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0159%	1h	227.49	−0.081%	$118K	$53K	10x	as long as short
Lighter NVDA	+0.0184%	1h	227.74	+0.030%	$2.1M	$3.2M	20x	as long as short
Bitget NVDAUSDT	+0.0185%	8h	227.64	−0.013%	$15.8M	$17.6M	100x	as long as short
BloFin NVDA-USDT	+0.0201%	8h	227.59	−0.035%	$728K	$198K	20x	as long as short
Phoenix NVDA	+0.0211%	1h	227.65	−0.009%	$94K	$112K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.91	+0.105%	$73K	$127	30x	as long as short
edgeX NVDAUSDC	+0.0873%	4h	227.67	0.000%	$166K	$1.8M	20x	as long as short