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

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0062%/8h= +6.7% APRpaid last 24h +0.004%
Price spread now: Nado against Binance−0.092%68s7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$350.350% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.007%+$1 on $10k
Price spread, last 4 days (all we have)−0.212%−$21 · spread now −0.092%, 7d avg −0.030%
Together, before fees−0.204%+ Points / potential airdropNado: Active · farm board−$20 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.062% cheaper against Binance than usual: you would sell low and buy high (spread −0.092% now, against its 7-day average of −0.030%). If the spread goes back, that is −$6 on $10k: about 3.4 days of funding at the current rate (+$2 a day). At the pace of the last 3 days (+0.007% in total) that is about 29 days. The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance NVDAUSDT226.500.0084pay 0.0084% / 8h1h 53m$154.4M$219.2M50x
ShortNado NVDA-PERP226.290.0146get 0.0018% / 1h53m 25s$481K$226K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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

Funding earned
$12.93
Price spread: −0.092% → −0.030%
−$6.24
Slippage, 4 orders
−$18.04
Fee Binance: 5 bp × 2 orders
−$10
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$28.35
Costs to cover
0.350%
Break-even
22.4 days
Slippage from Binance: live order book, 5 min ago; Nado: live order book, 55 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 Binance live order book, 5 min ago0.22 bp5.2 bp −$55.8 bp −$5816.4 bp −$1,643doesn't fit
Sell Nado live order book, 55 min ago1.54 bp14.4 bp −$1421.6 bp −$216doesn'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%8h226.51+0.005%$482K$571K20xas long as short
Bybit NVDAUSDT0.0000%8h226.500.000%$12.4M$15.0M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h226.49−0.004%$14.2M$20.5M50xas long as short
Gate NVDA_USDT0.0000%8h226.46−0.018%$7.2M$9.8M100xas long as short
Bitget NVDAUSDT0.0000%8h226.53+0.013%$15.2M$16.4M100xas long as short
GRVT NVDA_USDT_Perp0.0000%8h226.48−0.008%$21K$417K10xas long as short
SunX NVDA-USDT0.0000%8h226.18−0.141%$2K$3.7M20xas long as short
HTX NVDA-USDT0.0000%8h226.72+0.097%$198K$455K30xas long as short
Phemex NVDAUSDT0.0000%4h226.59+0.040%$2.2M$42K10xas long as short
Variational Omni NVDA+0.0012%8h226.43−0.033%$3.6M$2.1Mas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps NVDAUSD+0.0012%1h226.35−0.067%$117K$52K10xas long as short
Arcus NVDA-USD+0.0040%1h226.45−0.022%$398K$735K20xas long as short
Vest NVDA-USD-PERP+0.0046%1h226.53+0.013%$74K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h226.35−0.066%$147.0M$43.6M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h226.44−0.026%$398K$279K10xas long as short
SoDEX NVDA-USD+0.0050%1h226.28−0.097%$59K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h226.48−0.009%$1.6M$2.0M15xas long as short
QFEX NVDA-USD+0.0056%1h226.47−0.013%$1.3M$9.1M10xas long as short
Hotstuff NVDA-PERP+0.0064%1h226.31−0.084%$35K20xas long as short
Binance NVDAUSDTlong+0.0084%8h226.50long leg$154.4M$219.2M50x
Pacifica NVDA+0.0100%1h226.31−0.084%$297K$48K10xas long as short
KuCoin NVDAUSDTM+0.0100%8h226.53+0.013%$1.6M$747K20xas long as short
ApeX Omni NVDAUSDT+0.0100%1h226.34−0.071%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h226.41−0.040%$36K$21K20xas long as short
Lighter NVDA+0.0104%1h226.44−0.027%$2.1M$3.3M20xas long as short
Aevo NVDA-PERP+0.0104%1h226.43−0.031%10xas long as short
Phoenix NVDA+0.0106%1h226.58+0.035%$93K$112K20xas long as short
Coinbase International NVDA-PERP-INTX+0.0112%1h226.29−0.093%$1.3M$789K10xas long as short
Nado NVDA-PERPshort+0.0146%1h226.29−0.092%$481K$226K20x
Lighter RH NVDA+0.0168%1h226.59+0.040%$5.0M$6.9M20xas long as short
BloFin NVDA-USDT+0.0204%8h226.45−0.022%$714K$194K20xas long as short
Injective NVDA/USDC PERP+0.0220%1h226.74+0.106%$73K$13630xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0280%1h226.38−0.053%$53K$1.8M10xas long as short
Extended NVDA_24_5-USD+0.0400%1h226.29−0.091%$667K$767K10xas long as short
edgeX NVDAUSDC+0.0707%4h226.43−0.032%$170K$1.9M20xas long as short