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

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0041%/8h= −4.5% APRnext payment $0.05 per $10,000 · paid last 24h +0.001%
Price spread now: Coinbase International against Nado+0.113%45s7-day average −0.046% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$410.407% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.030%+$3 on $10k
Price spread, last 4 days (all we have)−0.198%−$20 · spread now +0.113%, 7d avg −0.046%
Together, before fees−0.169%+ Points / potential airdropNado: Active · farm board−$17 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Coinbase International is 0.159% dearer against Nado than usual: you sell high and buy low (spread +0.113% now, against its 7-day average of −0.046%): +$16 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 13 days. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado NVDA-PERP226.030.0161pay 0.0020% / 1h56m 32s$480K$223K20x
ShortCoinbase International NVDA-PERP-INTX226.290.0120get 0.0015% / 1h56m 32s$1.3M$697K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Nado. 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
−$8.54
Price spread: +0.113% → −0.046%
$15.91
Slippage, 4 orders
−$23.71
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$33.35
Costs to cover
0.407%
Break-even
never at this rate
Slippage from Nado: live order book, 46 min ago; Coinbase International: live order book, 2 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 Nado live order book, 46 min ago0.66 bp10.1 bp −$1022.8 bp −$228doesn't fitdoesn't fit
Sell Coinbase International live order book, 2 min ago2.43 bp7.4 bp −$710.4 bp −$104doesn'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%8h226.23+0.087%$12.4M$14.5M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h226.22+0.082%$14.1M$20.5M50xas long as short
Gate NVDA_USDT0.0000%8h226.22+0.082%$7.2M$9.9M100xas long as short
Bitget NVDAUSDT0.0000%8h226.34+0.135%$15.8M$16.6M100xas long as short
GRVT NVDA_USDT_Perp0.0000%8h226.46+0.189%$21K$421K10xas long as short
SunX NVDA-USDT0.0000%8h225.84−0.086%$2K$3.6M20xas long as short
HTX NVDA-USDT0.0000%8h226.42+0.171%$198K$448K30xas long as short
Phemex NVDAUSDT0.0000%4h226.48+0.197%$2.2M$42K10xas long as short
Aftermath Perps NVDAUSD+0.0018%1h226.18+0.066%$117K$51K10xas long as short
Aster NVDAUSDT+0.0019%8h226.24+0.090%$481K$530K20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni NVDA+0.0036%8h226.42+0.169%$3.5M$2.3Mas long as short
Arcus NVDA-USD+0.0040%1h226.28+0.109%$399K$732K20xas long as short
Vest NVDA-USD-PERP+0.0046%1h226.27+0.104%$74K25xas long as short
SoDEX NVDA-USD+0.0050%1h226.12+0.038%$59K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h226.13+0.042%$1.6M$1.9M15xas long as short
tradeXYZ xyz:NVDA+0.0062%1h226.07+0.016%$146.9M$43.4M20xas long as short
Hotstuff NVDA-PERP+0.0064%1h226.18+0.064%$35K20xas long as short
QFEX NVDA-USD+0.0064%1h226.20+0.073%$1.3M$9.1M10xas long as short
Polymarket Perps NVDA-USD+0.0072%1h226.19+0.069%$391K$247K10xas long as short
Pacifica NVDA+0.0100%1h226.07+0.016%$297K$49K10xas long as short
KuCoin NVDAUSDTM+0.0100%8h226.24+0.091%$1.6M$742K20xas long as short
ApeX Omni NVDAUSDT+0.0100%1h226.21+0.078%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h226.23+0.087%$36K$21K20xas long as short
Aevo NVDA-PERP+0.0104%1h226.26+0.101%10xas long as short
Binance NVDAUSDT+0.0106%8h226.28+0.109%$154.3M$218.3M50xas long as short
Phoenix NVDA+0.0106%1h226.30+0.117%$93K$83K20xas long as short
Coinbase International NVDA-PERP-INTXshort+0.0120%1h226.29+0.113%$1.3M$697K10x
Lighter NVDA+0.0128%1h226.17+0.059%$2.1M$3.2M20xas long as short
Nado NVDA-PERPlong+0.0161%1h226.03long leg$480K$223K20x
Lighter RH NVDA+0.0208%1h226.31+0.122%$5.1M$6.9M20xas long as short
Injective NVDA/USDC PERP+0.0220%1h226.58+0.241%$73K$13630xas long as short
BloFin NVDA-USDT+0.0224%8h226.42+0.171%$712K$195K20xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0281%1h226.17+0.060%$53K$1.8M10xas long as short
Extended NVDA_24_5-USD+0.0352%1h225.96−0.033%$644K$875K10xas long as short
edgeX NVDAUSDC+0.0596%4h226.37+0.149%$170K$1.9M20xas long as short