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−0.0120%/8h= −13.1% APRpaid last 24h −0.022%
Price spread now: KuCoin against Injective−0.150%85s7-day average · you buy dearer than you sell
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 7 days−0.074%−$7 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and KuCoin is 0.150% cheaper against Injective than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 85 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective NVDA/USDC PERP227.320.0220pay 0.0028% / 1h13m 52s$73K$13930x
ShortKuCoin NVDAUSDTM226.980.0100get 0.0100% / 8h3h 13m$1.6M$730K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Injective. 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
−$25.2
Price spread: −0.150% → 0.000%
−$14.96
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$52.18
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; KuCoin: 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 Injective no order-book sample
Sell KuCoin live order book, 2 min ago0.66 bp20.8 bp −$21doesn't fitdoesn't fitdoesn't fit
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
Bybit NVDAUSDT0.0000%8h226.93−0.172%$12.6M$14.8M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h226.92−0.176%$14.3M$20.4M50xas long as short
Gate NVDA_USDT0.0000%8h226.93−0.172%$7.2M$9.7M100xas long as short
Bitget NVDAUSDT0.0000%8h227.03−0.128%$15.4M$16.4M100xas long as short
GRVT NVDA_USDT_Perp0.0000%8h227.04−0.123%$21K$399K10xas long as short
SunX NVDA-USDT0.0000%8h226.55−0.339%$2K$3.7M20xas long as short
HTX NVDA-USDT0.0000%8h226.87−0.198%$198K$466K30xas long as short
Phemex NVDAUSDT0.0000%4h227.30−0.009%$2.2M$43K10xas long as short
Aster NVDAUSDT+0.0006%8h227.01−0.137%$482K$569K20xas long as short
Aftermath Perps NVDAUSD+0.0012%1h226.85−0.207%$117K$53K10xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni NVDA+0.0028%8h226.96−0.160%$3.6M$2.2Mas long as short
Lighter NVDA+0.0032%1h226.90−0.184%$2.1M$3.3M20xas long as short
Arcus NVDA-USD+0.0040%1h226.92−0.176%$398K$736K20xas long as short
QFEX NVDA-USD+0.0041%1h226.94−0.167%$1.3M$9.1M10xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.04−0.123%$74K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h226.81−0.224%$147.4M$43.4M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h226.90−0.185%$400K$276K10xas long as short
SoDEX NVDA-USD+0.0050%1h226.80−0.229%$59K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h226.75−0.251%$1.6M$2.0M15xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0059%1h226.86−0.202%$49K$1.7M10xas long as short
Nado NVDA-PERP+0.0060%1h226.85−0.206%$482K$227K20xas long as short
Binance NVDAUSDT+0.0092%8h226.97−0.154%$155.4M$216.5M50xas long as short
Pacifica NVDA+0.0100%1h226.85−0.208%$298K$50K10xas long as short
KuCoin NVDAUSDTMshort+0.0100%8h226.98−0.150%$1.6M$730K20x
ApeX Omni NVDAUSDT+0.0100%1h226.86−0.202%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h226.91−0.180%$36K$21K20xas long as short
Aevo NVDA-PERP+0.0104%1h226.93−0.171%10xas long as short
Coinbase International NVDA-PERP-INTX+0.0128%1h227.11−0.092%$1.3M$781K10xas long as short
Lighter RH NVDA+0.0136%1h227.08−0.106%$5.1M$7.1M20xas long as short
Hotstuff NVDA-PERP+0.0136%1h226.86−0.202%$35K20xas long as short
Phoenix NVDA+0.0141%1h226.87−0.198%$93K$112K20xas long as short
BloFin NVDA-USDT+0.0213%8h227.03−0.128%$719K$201K20xas long as short
Extended NVDA_24_5-USD+0.0216%1h226.75−0.249%$672K$765K10xas long as short
Injective NVDA/USDC PERPlong+0.0220%1h227.32long leg$73K$13930x
edgeX NVDAUSDC+0.0261%4h227.00−0.139%$170K$1.9M20xas long as short