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−0.0136%/8h= −14.9% APRnext payment $1.36 per $10,000 · paid last 24h −0.044%
Price spread now: HTX against KuCoin+0.075%7-day average −0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$460.461% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.327%−$33 on $10k
Price spread, last 4 days (all we have)−0.282%−$28 · spread now +0.075%, 7d avg −0.023%
Together, before fees−0.609%−$61 on $10k · with fees, hour by hour
The price spread pays, funding is against you. HTX is 0.097% dearer against KuCoin than usual: you sell high and buy low (spread +0.075% now, against its 7-day average of −0.023%): +$10 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin NVDAUSDTM227.590.0136pay 0.0136% / 8h5h 24m$1.6M$724K20x
ShortHTX NVDA-USDT227.760get 0.0000% / 8h5h 24m$198K$477K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against KuCoin. 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
−$28.56
Price spread: +0.075% → −0.023%
$9.74
Slippage, 4 orders
−$22.06
Fee KuCoin: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$64.87
Costs to cover
0.461%
Break-even
never at this rate
Slippage from KuCoin: live order book, 2 min ago; HTX: live order book, 39 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 KuCoin live order book, 2 min ago1.98 bp14.4 bp −$14doesn't fitdoesn't fitdoesn't fit
Sell HTX live order book, 39 min ago0.22 bp10.1 bp −$1011.2 bp −$11221.0 bp −$2,103doesn'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%8h227.52−0.031%$12.7M$14.8M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h227.50−0.040%$14.4M$20.2M50xas long as short
Gate NVDA_USDT0.0000%8h227.46−0.057%$7.2M$9.6M100xas long as short
Bitget NVDAUSDT0.0000%8h227.55−0.018%$15.5M$16.4M100xas long as short
SunX NVDA-USDT0.0000%8h226.99−0.264%$2K$3.7M20xas long as short
HTX NVDA-USDTshort0.0000%8h227.76+0.075%$198K$477K30x
Phemex NVDAUSDT0.0000%4h227.61+0.009%$2.2M$43K10xas long as short
GRVT NVDA_USDT_Perp+0.0006%8h227.62+0.012%$20K$384K10xas long as short
Aster NVDAUSDT+0.0014%8h227.58−0.005%$483K$590K20xas long as short
Aftermath Perps NVDAUSD+0.0014%1h227.52−0.032%$118K$54K10xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni NVDA+0.0040%8h227.53−0.027%$3.5M$2.1Mas long as short
Arcus NVDA-USD+0.0040%1h227.53−0.026%$406K$745K20xas long as short
QFEX NVDA-USD+0.0044%1h227.54−0.022%$1.4M$9.6M10xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.63+0.018%$74K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h227.38−0.092%$147.9M$44.1M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h227.52−0.031%$401K$277K10xas long as short
SoDEX NVDA-USD+0.0050%1h227.37−0.097%$58K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h227.30−0.127%$1.6M$2.0M15xas long as short
Coinbase International NVDA-PERP-INTX+0.0072%1h227.53−0.026%$1.3M$777K10xas long as short
Hotstuff NVDA-PERP+0.0096%1h227.37−0.097%$35K20xas long as short
Binance NVDAUSDT+0.0099%8h227.56−0.013%$156.1M$215.2M50xas long as short
Pacifica NVDA+0.0100%1h227.39−0.086%$298K$60K10xas long as short
ApeX Omni NVDAUSDT+0.0100%1h227.39−0.088%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h227.50−0.040%$36K$22K20xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0102%1h227.45−0.062%$49K$1.6M10xas long as short
Aevo NVDA-PERP+0.0104%1h227.51−0.034%10xas long as short
Phoenix NVDA+0.0105%1h227.50−0.040%$94K$112K20xas long as short
Nado NVDA-PERP+0.0126%1h227.41−0.080%$483K$228K20xas long as short
KuCoin NVDAUSDTMlong+0.0136%8h227.59long leg$1.6M$724K20x
Lighter NVDA+0.0168%1h227.53−0.029%$2.2M$3.2M20xas long as short
Lighter RH NVDA+0.0216%1h227.65+0.026%$5.1M$7.1M20xas long as short
BloFin NVDA-USDT+0.0219%8h227.56−0.013%$723K$201K20xas long as short
Injective NVDA/USDC PERP+0.0220%1h228.22+0.277%$73K$13830xas long as short
Extended NVDA_24_5-USD+0.0368%1h227.37−0.097%$689K$724K10xas long as short
edgeX NVDAUSDC+0.0872%4h227.56−0.014%$170K$1.9M20xas long as short