Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0089%/8h= +9.7% APRpaid last 24h +0.006%

Price spread now: KuCoin against Extended+0.066%7-day average +0.055% · you sell dearer than you buy

Net, funding: paid 7d − costs−$33as in the Funding arb table

Net, price: spread back to 7d avg − costs−$51as in the Price arb table

costs, in and out, $10k−$520.516% of the position

Long on Extended Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.186%+$19 on $10k

Price spread, last 4 days (all we have)−0.256%−$26 · spread now +0.066%, 7d avg +0.055%

Together, before fees−0.070%+ Points / potential airdropExtended: Active · farm board−$7 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.055%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended NVDA_24_5-USD	226.82	0.0032	pay 0.0004% / 1h	56m 30s	$641K	$885K	10x
Short	KuCoin NVDAUSDTM	226.97	0.0121	get 0.0121% / 8h	6h 56m	$1.6M	$1.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Extended. 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

Position, each leg$Hold fordaysFee ExtendedbpFee KuCoinbpOrdersPrice spread, now +0.066%Rate

Funding earned: $18.69
Price spread: +0.066% → +0.055%: $1.09
Slippage, 4 orders: −$34.64
Fee Extended: 2.5 bp × 2 orders: −$5
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$31.85
Costs to cover: 0.516%
Break-even: 18.9 days

Slippage from Extended: live order book, 37 min ago; KuCoin: live order book, 9 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Extended live order book, 37 min ago	0.22 bp	3.6 bp −$4	27.2 bp −$272	doesn't fit	doesn't fit
Sell KuCoin live order book, 9 min ago	1.32 bp	16.9 bp −$17	doesn't fit	doesn't fit	doesn't fit

NVDA on 35 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit NVDAUSDT	0.0000%	8h	227.01	+0.084%	$12.7M	$15.1M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	226.97	+0.066%	$14.2M	$20.4M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	226.91	+0.040%	$7.2M	$9.3M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	227.03	+0.093%	$15.7M	$16.0M	100x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.56	−0.114%	$2K	$3.5M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.00	+0.080%	$198K	$436K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.02	+0.088%	$2.2M	$41K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0013%	1h	226.87	+0.020%	$117K	$51K	10x	as long as short
Extended NVDA_24_5-USDlong	+0.0032%	1h	226.82	long leg	$641K	$885K	10x
Vest NVDA-USD-PERP	+0.0046%	1h	227.11	+0.128%	—	$74K	25x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX NVDA-USD	+0.0047%	1h	227.00	+0.080%	$1.3M	$9.1M	10x	as long as short
Hotstuff NVDA-PERP	+0.0048%	1h	226.79	−0.013%	$35K	—	20x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	226.83	+0.005%	$147.7M	$44.9M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	226.89	+0.031%	$392K	$240K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	226.80	−0.009%	$59K	$18K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.81	−0.004%	$1.6M	$1.9M	15x	as long as short
GRVT NVDA_USDT_Perp	+0.0053%	8h	226.94	+0.053%	$21K	$433K	10x	as long as short
Lighter NVDA	+0.0064%	1h	226.96	+0.063%	$2.1M	$3.1M	20x	as long as short
Aster NVDAUSDT	+0.0083%	8h	226.96	+0.062%	$485K	$543K	20x	as long as short
Pacifica NVDA	+0.0100%	1h	226.83	+0.003%	$298K	$50K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.76	−0.026%	$16K	$45K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.93	+0.049%	$36K	$20K	20x	as long as short
Variational Omni NVDA	+0.0111%	8h	226.94	+0.054%	$3.3M	$2.5M	—	as long as short
Nado NVDA-PERP	+0.0111%	1h	226.87	+0.023%	$482K	$221K	20x	as long as short
Aevo NVDA-PERP	+0.0120%	1h	226.92	+0.044%	—	—	10x	as long as short
KuCoin NVDAUSDTMshort	+0.0121%	8h	226.97	+0.066%	$1.6M	$1.1M	20x
Coinbase International NVDA-PERP-INTX	+0.0128%	1h	226.48	−0.150%	$1.3M	$681K	10x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0147%	1h	226.85	+0.013%	$53K	$1.9M	10x	as long as short
Lighter RH NVDA	+0.0152%	1h	227.12	+0.132%	$5.1M	$6.9M	20x	as long as short
Binance NVDAUSDT	+0.0169%	8h	227.01	+0.084%	$155.7M	$223.4M	50x	as long as short
Phoenix NVDA	+0.0212%	1h	226.87	+0.022%	$93K	$83K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.48	+0.291%	$73K	$135	30x	as long as short
Arcus NVDA-USD	+0.0225%	1h	226.98	+0.071%	$393K	$740K	20x	as long as short
BloFin NVDA-USDT	+0.0288%	8h	226.95	+0.057%	$717K	$202K	20x	as long as short
edgeX NVDAUSDC	+0.0289%	4h	226.94	+0.055%	$171K	$1.9M	20x	as long as short