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−0.0497%/8h= −54.4% APRpaid last 24h −0.115%
Price spread now: SunX against edgeX−0.217%7-day average −0.117% · you buy dearer than you sell
Net, funding: paid 7d − costs−$175as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$800.804% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.945%−$94 on $10k
Price spread, last 4 days (all we have)+0.029%+$3 · spread now −0.217%, 7d avg −0.117%
Together, before fees−0.915%+ Points / potential airdropedgeX: Active · farm board−$92 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and SunX is 0.100% cheaper against edgeX than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.117%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX NVDAUSDC227.060.0497pay 0.0249% / 4h3h 17m$170K$1.9M20x
ShortSunX NVDA-USDT226.570get 0.0000% / 8h3h 17m$2K$3.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against edgeX. 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
−$104.39
Price spread: −0.217% → −0.117%
−$10.02
Slippage, 4 orders
−$63.44
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee SunX: 4 bp × 2 orders
−$8
Net
−$194.85
Costs to cover
0.804%
Break-even
never at this rate
Slippage from edgeX: live order book, 2 min ago; SunX: 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 edgeX live order book, 2 min ago3.31 bp8.2 bp −$812.7 bp −$127doesn't fitdoesn't fit
Sell SunX live order book, 11 min ago22.01 bp26.0 bp −$2655.6 bp −$556doesn'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%8h227.02−0.019%$12.6M$14.8M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h227.02−0.019%$14.3M$20.4M50xas long as short
Gate NVDA_USDT0.0000%8h226.97−0.041%$7.2M$9.7M100xas long as short
Bitget NVDAUSDT0.0000%8h227.07+0.003%$15.4M$16.4M100xas long as short
GRVT NVDA_USDT_Perp0.0000%8h227.08+0.009%$20K$396K10xas long as short
SunX NVDA-USDTshort0.0000%8h226.57−0.217%$2K$3.7M20x
HTX NVDA-USDT0.0000%8h227.26+0.087%$197K$461K30xas long as short
Phemex NVDAUSDT0.0000%4h227.25+0.083%$2.2M$43K10xas long as short
Hotstuff NVDA-PERP+0.0008%1h226.88−0.080%$35K20xas long as short
Aftermath Perps NVDAUSD+0.0012%1h226.89−0.078%$118K$52K10xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NVDAUSDT+0.0017%8h227.05−0.006%$482K$569K20xas long as short
Variational Omni NVDA+0.0029%8h227.08+0.006%$3.6M$2.2Mas long as short
Lighter NVDA+0.0032%1h226.99−0.034%$2.1M$3.3M20xas long as short
Arcus NVDA-USD+0.0040%1h226.94−0.054%$398K$739K20xas long as short
QFEX NVDA-USD+0.0041%1h227.00−0.028%$1.3M$9.1M10xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.07+0.003%$74K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h226.87−0.085%$147.4M$43.4M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h227.00−0.028%$400K$276K10xas long as short
SoDEX NVDA-USD+0.0050%1h226.83−0.102%$59K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h226.67−0.173%$1.6M$2.0M15xas long as short
Nado NVDA-PERP+0.0058%1h226.90−0.071%$482K$227K20xas long as short
Binance NVDAUSDT+0.0092%8h227.05−0.004%$155.6M$216.3M50xas long as short
Pacifica NVDA+0.0100%1h226.91−0.066%$298K$50K10xas long as short
KuCoin NVDAUSDTM+0.0100%8h227.04−0.010%$1.6M$729K20xas long as short
ApeX Omni NVDAUSDT+0.0100%1h226.80−0.116%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h227.01−0.023%$36K$21K20xas long as short
Aevo NVDA-PERP+0.0104%1h227.02−0.020%10xas long as short
Coinbase International NVDA-PERP-INTX+0.0128%1h227.11+0.021%$1.3M$782K10xas long as short
Lighter RH NVDA+0.0136%1h227.15+0.038%$5.1M$7.1M20xas long as short
Phoenix NVDA+0.0141%1h226.87−0.085%$93K$112K20xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0191%1h226.96−0.045%$49K$1.7M10xas long as short
Extended NVDA_24_5-USD+0.0200%1h226.84−0.100%$672K$765K10xas long as short
BloFin NVDA-USDT+0.0212%8h227.10+0.016%$719K$201K20xas long as short
Injective NVDA/USDC PERP+0.0220%1h227.32+0.113%$73K$13930xas long as short
edgeX NVDAUSDClong+0.0497%4h227.06long leg$170K$1.9M20x