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−0.0086%/8h= −9.4% APRnext payment $0.11 per $10,000 · paid last 24h −0.020%
Price spread now: tradeXYZ against Coinbase International+0.009%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$340.336% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.060%−$6 on $10k
Price spread, last 4 days (all we have)+0.043%+$4 · spread now +0.009%, 7d avg +0.006%
Together, before fees−0.017%+ Points / potential airdroptradeXYZ: Active · farm board−$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.006%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International NVDA-PERP-INTX226.230.0136pay 0.0017% / 1h59m 04s$1.3M$696K10x
ShorttradeXYZ xyz:NVDA226.250.0050get 0.0006% / 1h59m 04s$146.9M$43.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ against Coinbase International. 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
−$18.06
Price spread: +0.009% → +0.006%
$0.27
Slippage, 4 orders
−$5.58
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$51.36
Costs to cover
0.336%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 4 min ago; tradeXYZ: live order book, 11 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 Coinbase International live order book, 4 min ago1.99 bp7.0 bp −$710.5 bp −$105doesn't fitdoesn't fit
Sell tradeXYZ live order book, 11 min ago0.22 bp10.4 bp −$1011.0 bp −$110doesn'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 NVDAUSDT0.0000%8h226.35+0.053%$12.5M$14.5M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h226.36+0.057%$14.1M$20.4M50xas long as short
Gate NVDA_USDT0.0000%8h226.26+0.013%$7.2M$9.8M100xas long as short
Bitget NVDAUSDT0.0000%8h226.41+0.080%$15.8M$16.4M100xas long as short
Nado NVDA-PERP0.0000%1h226.18−0.021%$480K$223K20xas long as short
SunX NVDA-USDT0.0000%8h225.85−0.168%$2K$3.6M20xas long as short
HTX NVDA-USDT0.0000%8h226.21−0.009%$198K$438K30xas long as short
Phemex NVDAUSDT0.0000%4h226.58+0.155%$2.2M$42K10xas long as short
Aftermath Perps NVDAUSD+0.0016%1h226.14−0.038%$117K$51K10xas long as short
Arcus NVDA-USD+0.0040%1h226.230.000%$392K$738K20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest NVDA-USD-PERP+0.0046%1h226.42+0.084%$74K25xas long as short
Hotstuff NVDA-PERP+0.0048%1h226.21−0.009%$35K20xas long as short
tradeXYZ xyz:NVDAshort+0.0050%1h226.25+0.009%$146.9M$43.5M20x
Polymarket Perps NVDA-USD+0.0050%1h226.24+0.004%$391K$247K10xas long as short
SoDEX NVDA-USD+0.0050%1h226.15−0.035%$59K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h226.10−0.057%$1.6M$1.9M15xas long as short
GRVT NVDA_USDT_Perp+0.0058%8h226.32+0.040%$22K$423K10xas long as short
QFEX NVDA-USD+0.0064%1h226.35+0.053%$1.3M$9.0M10xas long as short
Aster NVDAUSDT+0.0073%8h226.32+0.041%$482K$530K20xas long as short
Variational Omni NVDA+0.0099%8h226.31+0.037%$3.5M$2.3Mas long as short
Pacifica NVDA+0.0100%1h226.10−0.057%$297K$48K10xas long as short
ApeX Omni NVDAUSDT+0.0100%1h226.17−0.027%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h226.39+0.071%$36K$21K20xas long as short
KuCoin NVDAUSDTM+0.0113%8h226.35+0.053%$1.6M$858K20xas long as short
Aevo NVDA-PERP+0.0120%1h226.41+0.081%10xas long as short
Lighter RH NVDA+0.0136%1h226.48+0.111%$5.1M$6.8M20xas long as short
Coinbase International NVDA-PERP-INTXlong+0.0136%1h226.23long leg$1.3M$696K10x
Binance NVDAUSDT+0.0160%8h226.44+0.093%$155.4M$220.4M50xas long as short
Lighter NVDA+0.0168%1h226.32+0.040%$2.1M$3.2M20xas long as short
Phoenix NVDA+0.0177%1h226.36+0.057%$93K$83K20xas long as short
edgeX NVDAUSDC+0.0202%4h226.42+0.084%$170K$1.9M20xas long as short
Injective NVDA/USDC PERP+0.0220%1h226.72+0.217%$73K$13530xas long as short
BloFin NVDA-USDT+0.0280%8h226.42+0.084%$711K$196K20xas long as short
Extended NVDA_24_5-USD+0.0296%1h226.20−0.013%$646K$878K10xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0856%1h226.30+0.031%$53K$1.9M10xas long as short