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+0.0151%/8h= +16.5% APRpaid last 24h +0.035%
Price spread now: Nado against Bybit−0.082%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$380.376% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.036%+$4 on $10k
Price spread, last 4 days (all we have)+0.075%+$7 · spread now −0.082%, 7d avg −0.013%
Together, before fees+0.110%+ Points / potential airdropNado: Active · farm board+$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.069% cheaper against Bybit than usual: you would sell low and buy high (spread −0.082% now, against its 7-day average of −0.013%). If the spread goes back, that is −$7 on $10k: about 37 hours of funding at the current rate (+$5 a day). At the pace of the last 3 days (+0.036% in total) that is about 6.7 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit NVDAUSDT226.360get 0.0000% / 8h1h 44m$12.4M$15.1M100x
ShortNado NVDA-PERP226.170.0151get 0.0019% / 1h44m 11s$480K$226K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
$31.71
Price spread: −0.082% → −0.013%
−$6.91
Slippage, 4 orders
−$19.57
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$12.77
Costs to cover
0.376%
Break-even
9.8 days
Slippage from Bybit: live order book, 4 min ago; Nado: live order book, 64 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 bp6.7 bp −$78.8 bp −$8875.0 bp −$7,504doesn't fit
Sell Nado live order book, 64 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
Bybit NVDAUSDTlong0.0000%8h226.36long leg$12.4M$15.1M100x
OKX NVDA-USDT-SWAP0.0000%8h226.34−0.009%$14.2M$20.5M50xas long as short
Gate NVDA_USDT0.0000%8h226.30−0.027%$7.2M$9.8M100xas long as short
Bitget NVDAUSDT0.0000%8h226.360.000%$15.2M$16.3M100xas long as short
GRVT NVDA_USDT_Perp0.0000%8h226.42+0.027%$21K$423K10xas long as short
SunX NVDA-USDT0.0000%8h226.04−0.141%$3K$3.7M20xas long as short
HTX NVDA-USDT0.0000%8h226.58+0.097%$198K$454K30xas long as short
Phemex NVDAUSDT0.0000%4h226.63+0.119%$2.2M$42K10xas long as short
Aster NVDAUSDT+0.0002%8h226.37+0.006%$482K$571K20xas long as short
Aftermath Perps NVDAUSD+0.0015%1h226.28−0.034%$117K$52K10xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni NVDA+0.0018%8h226.33−0.015%$3.6M$2.1Mas long as short
Arcus NVDA-USD+0.0040%1h226.33−0.013%$398K$735K20xas long as short
Vest NVDA-USD-PERP+0.0046%1h226.41+0.022%$74K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h226.21−0.066%$147.0M$43.6M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h226.30−0.027%$398K$279K10xas long as short
SoDEX NVDA-USD+0.0050%1h226.20−0.071%$59K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h226.13−0.102%$1.6M$2.0M15xas long as short
QFEX NVDA-USD+0.0056%1h226.34−0.009%$1.3M$9.1M10xas long as short
Binance NVDAUSDT+0.0088%8h226.37+0.006%$154.3M$219.2M50xas long as short
Lighter NVDA+0.0096%1h226.31−0.020%$2.1M$3.3M20xas long as short
Pacifica NVDA+0.0100%1h226.21−0.068%$297K$48K10xas long as short
KuCoin NVDAUSDTM+0.0100%8h226.38+0.009%$1.6M$748K20xas long as short
ApeX Omni NVDAUSDT+0.0100%1h226.21−0.066%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h226.31−0.022%$36K$21K20xas long as short
Aevo NVDA-PERP+0.0104%1h226.35−0.004%10xas long as short
Phoenix NVDA+0.0106%1h226.34−0.009%$93K$112K20xas long as short
Coinbase International NVDA-PERP-INTX+0.0112%1h226.29−0.031%$1.3M$789K10xas long as short
Hotstuff NVDA-PERP+0.0136%1h226.20−0.071%$35K20xas long as short
Nado NVDA-PERPshort+0.0151%1h226.17−0.082%$480K$226K20x
Lighter RH NVDA+0.0168%1h226.46+0.044%$5.0M$6.9M20xas long as short
BloFin NVDA-USDT+0.0208%8h226.44+0.035%$716K$194K20xas long as short
Injective NVDA/USDC PERP+0.0220%1h226.74+0.168%$73K$13630xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0369%1h226.30−0.027%$52K$1.8M10xas long as short
Extended NVDA_24_5-USD+0.0456%1h226.16−0.086%$667K$762K10xas long as short
edgeX NVDAUSDC+0.0576%4h226.360.000%$170K$1.9M20xas long as short