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

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0030%/8h= −3.3% APRnext payment $0.04 per $10,000 · paid last 24h −0.026%
Price spread now: tradeXYZ against Nado−0.027%7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$420.424% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.008%+$1 on $10k
Price spread, last 4 days (all we have)−0.045%−$5 · spread now −0.027%, 7d avg −0.042%
Together, before fees−0.037%+ Points / potential airdropNado: Active · tradeXYZ: Active · farm board−$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.042%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado NVDA-PERP227.710.0080pay 0.0010% / 1h12m 56s$484K$229K20x
ShorttradeXYZ xyz:NVDA227.650.0050get 0.0006% / 1h12m 56s$148.1M$44.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
−$6.29
Price spread: −0.027% → −0.042%
$1.5
Slippage, 4 orders
−$17.35
Fee Nado: 3.5 bp × 2 orders
−$7
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$47.14
Costs to cover
0.424%
Break-even
never at this rate
Slippage from Nado: live order book, 55 min ago; tradeXYZ: live order book, 7 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, 55 min ago1.32 bp11.1 bp −$1124.2 bp −$242doesn't fitdoesn't fit
Sell tradeXYZ live order book, 7 min ago0.22 bp9.3 bp −$911.0 bp −$110doesn't fitdoesn't fit

NVDA on 34 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%8h227.81+0.043%$484K$590K20xas long as short
Bybit NVDAUSDT0.0000%8h227.79+0.034%$12.7M$15.0M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h227.79+0.034%$14.4M$20.3M50xas long as short
Gate NVDA_USDT0.0000%8h227.74+0.012%$7.2M$9.6M100xas long as short
Bitget NVDAUSDT0.0000%8h227.83+0.052%$15.4M$16.4M100xas long as short
SunX NVDA-USDT0.0000%8h227.28−0.190%$2K$3.8M20xas long as short
HTX NVDA-USDT0.0000%8h227.84+0.056%$198K$490K30xas long as short
Phemex NVDAUSDT0.0000%4h227.91+0.087%$2.2M$43K10xas long as short
GRVT NVDA_USDT_Perp+0.0012%8h227.85+0.059%$20K$389K10xas long as short
Aftermath Perps NVDAUSD+0.0012%1h227.77+0.027%$118K$54K10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit NVDA_USDC-PERPETUAL+0.0014%1h227.75+0.017%$49K$1.5M10xas long as short
Variational Omni NVDA+0.0022%8h227.80+0.040%$3.5M$2.0Mas long as short
Arcus NVDA-USD+0.0040%1h227.67−0.018%$400K$721K20xas long as short
QFEX NVDA-USD+0.0045%1h227.83+0.052%$1.4M$9.9M10xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.95+0.105%$74K25xas long as short
tradeXYZ xyz:NVDAshort+0.0050%1h227.65−0.027%$148.1M$44.6M20x
Polymarket Perps NVDA-USD+0.0050%1h227.78+0.030%$402K$277K10xas long as short
SoDEX NVDA-USD+0.0050%1h227.67−0.018%$58K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h227.64−0.032%$1.6M$2.0M15xas long as short
Hotstuff NVDA-PERP+0.0072%1h227.71−0.001%$35K20xas long as short
Coinbase International NVDA-PERP-INTX+0.0072%1h227.46−0.111%$1.3M$783K10xas long as short
edgeX NVDAUSDC+0.0078%4h227.79+0.036%$170K$1.9M20xas long as short
Nado NVDA-PERPlong+0.0080%1h227.71long leg$484K$229K20x
Binance NVDAUSDT+0.0084%8h227.83+0.052%$156.3M$215.8M50xas long as short
Pacifica NVDA+0.0100%1h227.69−0.009%$299K$60K10xas long as short
ApeX Omni NVDAUSDT+0.0100%1h227.68−0.014%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h227.78+0.030%$36K$22K20xas long as short
Aevo NVDA-PERP+0.0104%1h227.80+0.038%10xas long as short
Phoenix NVDA+0.0105%1h227.67−0.018%$94K$112K20xas long as short
Lighter NVDA+0.0120%1h227.80+0.037%$2.2M$3.2M20xas long as short
KuCoin NVDAUSDTM+0.0129%8h227.85+0.061%$1.6M$736K20xas long as short
Lighter RH NVDA+0.0136%1h227.93+0.096%$5.1M$7.0M20xas long as short
Extended NVDA_24_5-USD+0.0184%1h227.67−0.018%$689K$714K10xas long as short
Injective NVDA/USDC PERP+0.0220%1h228.09+0.166%$73K$13830xas long as short