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

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0300%/8h= +32.9% APRnext payment +$0.38 per $10,000 · paid last 24h +0.089%
Price spread now: Injective against Hotstuff+0.278%105s7-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 4 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 +$9 a day on $10k at the current rate, and Injective is 0.278% dearer against Hotstuff than usual: you sell high and buy low: +$28 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 105 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff NVDA-PERP226.89−0.0080get 0.0010% / 1h21m 29s$35K20x
ShortInjective NVDA/USDC PERP227.520.0220get 0.0028% / 1h21m 29s$73K$13830x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$63
Price spread: +0.278% → 0.000%
$27.77
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$85.75
Costs to cover
0.050%
Break-even
from the start
Slippage unknown: Hotstuff: no order-book sample; Injective: no order-book sample. 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 Injective no order-book sample
Hotstuff and Injective: 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
Hotstuff NVDA-PERPlong−0.0080%1h226.89long leg$35K20x
Bybit NVDAUSDT0.0000%8h227.03+0.062%$12.6M$14.8M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h227.06+0.075%$14.3M$20.4M50xas long as short
Gate NVDA_USDT0.0000%8h227.03+0.062%$7.3M$9.7M100xas long as short
Bitget NVDAUSDT0.0000%8h227.10+0.093%$15.4M$16.4M100xas long as short
GRVT NVDA_USDT_Perp0.0000%8h227.10+0.092%$21K$396K10xas long as short
SunX NVDA-USDT0.0000%8h226.60−0.128%$2K$3.7M20xas long as short
HTX NVDA-USDT0.0000%8h227.26+0.163%$197K$462K30xas long as short
Phemex NVDAUSDT0.0000%4h227.21+0.141%$2.2M$43K10xas long as short
Aster NVDAUSDT+0.0005%8h227.02+0.056%$482K$569K20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps NVDAUSD+0.0012%1h226.97+0.034%$118K$53K10xas long as short
Lighter NVDA+0.0032%1h227.02+0.057%$2.1M$3.3M20xas long as short
Variational Omni NVDA+0.0037%8h227.11+0.098%$3.6M$2.2Mas long as short
Arcus NVDA-USD+0.0040%1h227.01+0.053%$398K$738K20xas long as short
QFEX NVDA-USD+0.0041%1h227.01+0.053%$1.3M$9.1M10xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.13+0.106%$74K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h226.91+0.009%$147.5M$43.4M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h227.02+0.057%$400K$276K10xas long as short
SoDEX NVDA-USD+0.0050%1h226.84−0.022%$59K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h226.79−0.044%$1.6M$2.0M15xas long as short
Nado NVDA-PERP+0.0055%1h226.93+0.019%$483K$227K20xas long as short
Binance NVDAUSDT+0.0092%8h227.08+0.085%$155.6M$216.3M50xas long as short
Pacifica NVDA+0.0100%1h226.94+0.023%$298K$50K10xas long as short
KuCoin NVDAUSDTM+0.0100%8h227.06+0.075%$1.6M$728K20xas long as short
ApeX Omni NVDAUSDT+0.0100%1h226.890.000%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h226.95+0.026%$36K$21K20xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0103%1h226.95+0.026%$49K$1.7M10xas long as short
Aevo NVDA-PERP+0.0104%1h227.01+0.055%10xas long as short
Lighter RH NVDA+0.0128%1h227.18+0.128%$5.1M$7.1M20xas long as short
Coinbase International NVDA-PERP-INTX+0.0128%1h227.11+0.097%$1.3M$782K10xas long as short
Phoenix NVDA+0.0141%1h227.02+0.057%$93K$112K20xas long as short
Extended NVDA_24_5-USD+0.0176%1h226.84−0.020%$672K$780K10xas long as short
BloFin NVDA-USDT+0.0215%8h227.15+0.115%$718K$201K20xas long as short
Injective NVDA/USDC PERPshort+0.0220%1h227.52+0.278%$73K$13830x
edgeX NVDAUSDC+0.0326%4h227.00+0.047%$170K$1.9M20xas long as short