Settings8H · net · $10k
Funding arb · Price arb /

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0073%/8h= +8.0% APRnext payment +$0.09 per $10,000 · paid last 24h +0.066%
Price spread now: Deribit against Hotstuff+0.044%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Deribit is 0.044% dearer against Hotstuff than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff NVDA-PERP227.790.0072pay 0.0009% / 1h26m 37s$35K20x
ShortDeribit NVDA_USDC-PERPETUAL227.890.0145get 0.0018% / 1h26m 37s$49K$1.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against Hotstuff. 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
$15.35
Price spread: +0.044% → 0.000%
$4.39
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$7.74
Costs to cover
0.120%
Break-even
3.5 days
Slippage unknown: Hotstuff: no order-book sample; Deribit: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hotstuff no order-book sample
Sell Deribit live order book, 2 min ago3.51 bp7.4 bp −$78.2 bp −$82doesn't fitdoesn't fit
Hotstuff: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Aster NVDAUSDT0.0000%8h227.73−0.026%$483K$586K20xas long as short
Bybit NVDAUSDT0.0000%8h227.85+0.026%$12.7M$15.3M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h227.89+0.044%$14.4M$20.7M50xas long as short
Gate NVDA_USDT0.0000%8h227.81+0.009%$7.2M$9.7M100xas long as short
Variational Omni NVDA0.0000%8h227.790.000%$3.6M$1.9Mas long as short
SunX NVDA-USDT0.0000%8h227.43−0.158%$2K$3.8M20xas long as short
HTX NVDA-USDT0.0000%8h227.77−0.009%$198K$510K30xas long as short
Phemex NVDAUSDT0.0000%4h227.90+0.048%$2.2M$42K10xas long as short
GRVT NVDA_USDT_Perp+0.0014%8h227.77−0.007%$21K$394K10xas long as short
Aftermath Perps NVDAUSD+0.0014%1h227.59−0.087%$118K$55K10xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended NVDA_24_5-USD+0.0032%1h227.72−0.029%$524K$474K10xas long as short
Arcus NVDA-USD+0.0040%1h227.69−0.044%$400K$724K20xas long as short
QFEX NVDA-USD+0.0042%1h227.78−0.004%$1.6M$11.2M10xas long as short
Bitget NVDAUSDT+0.0045%8h227.92+0.057%$15.5M$16.9M100xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.96+0.075%$74K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h227.77−0.009%$147.9M$46.8M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h227.85+0.026%$402K$289K10xas long as short
SoDEX NVDA-USD+0.0050%1h227.76−0.013%$59K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h227.69−0.044%$1.6M$2.0M15xas long as short
Binance NVDAUSDT+0.0055%8h227.92+0.057%$156.6M$217.6M50xas long as short
Hotstuff NVDA-PERPlong+0.0072%1h227.79long leg$35K20x
Coinbase International NVDA-PERP-INTX+0.0080%1h227.46−0.145%$1.3M$800K10xas long as short
Nado NVDA-PERP+0.0083%1h227.82+0.013%$484K$229K20xas long as short
Aevo NVDA-PERP+0.0096%1h227.91+0.051%10xas long as short
Pacifica NVDA+0.0100%1h227.76−0.015%$299K$60K10xas long as short
ApeX Omni NVDAUSDT+0.0100%1h227.70−0.040%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h227.90+0.048%$36K$22K20xas long as short
Phoenix NVDA+0.0106%1h227.64−0.066%$94K$112K20xas long as short
KuCoin NVDAUSDTM+0.0129%8h227.82+0.013%$1.6M$740K20xas long as short
edgeX NVDAUSDC+0.0142%4h227.84+0.022%$170K$1.9M20xas long as short
Lighter NVDA+0.0144%1h227.95+0.072%$2.2M$3.2M20xas long as short
Lighter RH NVDA+0.0144%1h228.09+0.132%$5.1M$7.1M20xas long as short
Deribit NVDA_USDC-PERPETUALshort+0.0145%1h227.89+0.044%$49K$1.4M10x
BloFin NVDA-USDT+0.0172%8h227.85+0.026%$716K$206K20xas long as short
Injective NVDA/USDC PERP+0.0220%1h228.22+0.189%$73K$13830xas long as short