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

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.042%
Price spread now: KuCoin against Bybit+0.013%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$630.632% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.277%+$28 on $10k
Price spread, last 7 days−0.018%−$2 · spread now +0.013%, 7d avg +0.008%
Together, before fees+0.259%+$26 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.008%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit NVDAUSDT226.350get 0.0000% / 8h34m 13s$12.4M$14.3M100x
ShortKuCoin NVDAUSDTM226.380.0100get 0.0100% / 8h34m 13s$1.6M$743K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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
$21
Price spread: +0.013% → +0.008%
$0.53
Slippage, 4 orders
−$40.21
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$41.68
Costs to cover
0.632%
Break-even
20.9 days
Slippage from Bybit: live order book, 4 min ago; KuCoin: live order book, 12 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 Bybit live order book, 4 min ago0.22 bp6.3 bp −$68.5 bp −$8548.4 bp −$4,844doesn't fit
Sell KuCoin live order book, 12 min ago1.77 bp19.3 bp −$19doesn'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 NVDAUSDTlong0.0000%8h226.35long leg$12.4M$14.3M100x
OKX NVDA-USDT-SWAP0.0000%8h226.350.000%$14.1M$20.5M50xas long as short
Gate NVDA_USDT0.0000%8h226.36+0.004%$7.2M$9.9M100xas long as short
Bitget NVDAUSDT0.0000%8h226.44+0.040%$15.8M$16.7M100xas long as short
SunX NVDA-USDT0.0000%8h225.98−0.163%$2K$3.6M20xas long as short
HTX NVDA-USDT0.0000%8h226.44+0.040%$198K$445K30xas long as short
Phemex NVDAUSDT0.0000%4h226.61+0.115%$2.2M$42K10xas long as short
Aftermath Perps NVDAUSD+0.0017%1h226.15−0.089%$117K$51K10xas long as short
GRVT NVDA_USDT_Perp+0.0021%8h226.37+0.008%$22K$428K10xas long as short
Aster NVDAUSDT+0.0038%8h226.37+0.009%$482K$530K20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus NVDA-USD+0.0040%1h226.30−0.022%$392K$740K20xas long as short
Vest NVDA-USD-PERP+0.0046%1h226.46+0.049%$74K25xas long as short
SoDEX NVDA-USD+0.0050%1h226.25−0.044%$59K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h226.15−0.088%$1.6M$1.9M15xas long as short
Variational Omni NVDA+0.0061%8h226.29−0.026%$3.5M$2.3Mas long as short
QFEX NVDA-USD+0.0064%1h226.37+0.009%$1.3M$9.0M10xas long as short
tradeXYZ xyz:NVDA+0.0087%1h226.26−0.040%$147.0M$43.1M20xas long as short
Polymarket Perps NVDA-USD+0.0089%1h226.33−0.009%$391K$247K10xas long as short
Hotstuff NVDA-PERP+0.0096%1h226.20−0.066%$35K20xas long as short
Pacifica NVDA+0.0100%1h226.23−0.051%$297K$49K10xas long as short
KuCoin NVDAUSDTMshort+0.0100%8h226.38+0.013%$1.6M$743K20x
ApeX Omni NVDAUSDT+0.0100%1h226.19−0.071%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h226.33−0.009%$36K$21K20xas long as short
Aevo NVDA-PERP+0.0112%1h226.36+0.006%10xas long as short
Coinbase International NVDA-PERP-INTX+0.0120%1h226.09−0.115%$1.3M$699K10xas long as short
Binance NVDAUSDT+0.0123%8h226.35+0.001%$154.4M$218.5M50xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0148%1h226.27−0.035%$53K$1.8M10xas long as short
edgeX NVDAUSDC+0.0153%4h226.33−0.008%$170K$1.9M20xas long as short
Lighter NVDA+0.0168%1h226.30−0.022%$2.1M$3.2M20xas long as short
Nado NVDA-PERP+0.0171%1h226.26−0.042%$481K$223K20xas long as short
Phoenix NVDA+0.0177%1h226.20−0.066%$93K$83K20xas long as short
Injective NVDA/USDC PERP+0.0220%1h227.00+0.287%$73K$13730xas long as short
Lighter RH NVDA+0.0232%1h226.48+0.057%$5.1M$6.9M20xas long as short
BloFin NVDA-USDT+0.0243%8h226.39+0.018%$709K$195K20xas long as short
Extended NVDA_24_5-USD+0.0320%1h226.22−0.060%$644K$875K10xas long as short