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−0.0194%/8h= −21.3% APRnext payment $0.24 per $10,000 · paid last 24h +0.004%
Price spread now: Nado against Extended+0.002%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$330.331% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.115%+$11 · spread now +0.002%, 7d avg +0.032%
Together, before fees+0.115%+ Points / potential airdropExtended: Active · Nado: Active · farm board+$11 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Nado is 0.030% cheaper against Extended than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.032%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.000% in total (about -0.0% a year). A funding rate is set anew for every payment; at this rate the next one is about $0.24 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended NVDA_24_5-USD226.200.0368pay 0.0046% / 1h3m 48s$645K$876K10x
ShortNado NVDA-PERP226.210.0174get 0.0022% / 1h3m 48s$480K$223K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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

Funding earned
−$40.77
Price spread: +0.002% → +0.032%
−$3
Slippage, 4 orders
−$21.06
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$76.83
Costs to cover
0.331%
Break-even
never at this rate
Slippage from Extended: live order book, 34 min ago; Nado: live order book, 34 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 Extended live order book, 34 min ago0.22 bp4.5 bp −$453.9 bp −$539doesn't fitdoesn't fit
Sell Nado live order book, 34 min ago1.55 bp13.3 bp −$1324.1 bp −$241doesn'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%8h226.44+0.106%$12.5M$14.4M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h226.44+0.106%$14.1M$20.3M50xas long as short
Gate NVDA_USDT0.0000%8h226.41+0.093%$7.2M$10.0M100xas long as short
Bitget NVDAUSDT0.0000%8h226.51+0.137%$15.9M$16.6M100xas long as short
SunX NVDA-USDT0.0000%8h226.10−0.044%$2K$3.6M20xas long as short
HTX NVDA-USDT0.0000%8h226.46+0.115%$198K$439K30xas long as short
Phemex NVDAUSDT0.0000%4h226.61+0.181%$2.2M$42K10xas long as short
Hotstuff NVDA-PERP+0.0008%1h226.27+0.031%$35K20xas long as short
Aftermath Perps NVDAUSD+0.0015%1h226.10−0.046%$117K$51K10xas long as short
Arcus NVDA-USD+0.0040%1h226.30+0.044%$392K$738K20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest NVDA-USD-PERP+0.0046%1h226.43+0.102%$74K25xas long as short
GRVT NVDA_USDT_Perp+0.0047%8h226.30+0.043%$21K$421K10xas long as short
SoDEX NVDA-USD+0.0050%1h226.30+0.044%$59K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h226.16−0.018%$1.6M$1.9M15xas long as short
QFEX NVDA-USD+0.0064%1h226.39+0.084%$1.3M$9.0M10xas long as short
Aster NVDAUSDT+0.0065%8h226.37+0.075%$482K$530K20xas long as short
Polymarket Perps NVDA-USD+0.0077%1h226.34+0.062%$391K$247K10xas long as short
Variational Omni NVDA+0.0089%8h226.34+0.064%$3.5M$2.3Mas long as short
tradeXYZ xyz:NVDA+0.0094%1h226.31+0.049%$146.9M$43.3M20xas long as short
Pacifica NVDA+0.0100%1h226.25+0.022%$297K$48K10xas long as short
ApeX Omni NVDAUSDT+0.0100%1h226.02−0.080%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h226.40+0.088%$36K$21K20xas long as short
KuCoin NVDAUSDTM+0.0106%8h226.38+0.080%$1.6M$839K20xas long as short
Aevo NVDA-PERP+0.0120%1h226.43+0.100%10xas long as short
Coinbase International NVDA-PERP-INTX+0.0120%1h226.09−0.049%$1.3M$695K10xas long as short
edgeX NVDAUSDC+0.0150%4h226.30+0.043%$170K$1.9M20xas long as short
Binance NVDAUSDT+0.0151%8h226.46+0.113%$155.4M$219.4M50xas long as short
Lighter NVDA+0.0168%1h226.41+0.091%$2.1M$3.3M20xas long as short
Nado NVDA-PERPshort+0.0174%1h226.21+0.002%$480K$223K20x
Phoenix NVDA+0.0177%1h226.26+0.027%$93K$83K20xas long as short
Injective NVDA/USDC PERP+0.0220%1h226.54+0.150%$73K$14030xas long as short
Lighter RH NVDA+0.0232%1h226.54+0.150%$5.1M$7.0M20xas long as short
BloFin NVDA-USDT+0.0269%8h226.36+0.071%$712K$195K20xas long as short
Extended NVDA_24_5-USDlong+0.0368%1h226.20long leg$645K$876K10x
Deribit NVDA_USDC-PERPETUAL+0.0369%1h226.38+0.080%$53K$1.9M10xas long as short