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−0.0100%/8h= −10.9% APRnext payment $1.00 per $10,000 · paid last 24h −0.030%
Price spread now: SunX against Orderly−0.194%7-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 5 days (all we have)no history yet
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 −$3 a day on $10k at the current rate, and SunX is 0.194% cheaper against Orderly than usual: you would sell low and buy high (−$19 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_NVDA_USDC227.010.0100pay 0.0100% / 8h3h 17m$36K$21K20x
ShortSunX NVDA-USDT226.570get 0.0000% / 8h3h 17m$2K$3.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Orderly. 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
−$21
Price spread: −0.194% → 0.000%
−$19.38
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee SunX: 4 bp × 2 orders
−$8
Net
−$54.38
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; SunX: live order book, 11 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 Orderly no order-book sample
Sell SunX live order book, 11 min ago22.01 bp26.0 bp −$2655.6 bp −$556doesn't fitdoesn't fit
Orderly: 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%8h227.02+0.004%$12.6M$14.8M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h227.02+0.004%$14.3M$20.4M50xas long as short
Gate NVDA_USDT0.0000%8h226.97−0.018%$7.2M$9.7M100xas long as short
Bitget NVDAUSDT0.0000%8h227.07+0.026%$15.4M$16.4M100xas long as short
GRVT NVDA_USDT_Perp0.0000%8h227.08+0.032%$20K$396K10xas long as short
SunX NVDA-USDTshort0.0000%8h226.57−0.194%$2K$3.7M20x
HTX NVDA-USDT0.0000%8h227.26+0.110%$197K$461K30xas long as short
Phemex NVDAUSDT0.0000%4h227.25+0.106%$2.2M$43K10xas long as short
Hotstuff NVDA-PERP+0.0008%1h226.88−0.057%$35K20xas long as short
Aftermath Perps NVDAUSD+0.0012%1h226.89−0.055%$118K$52K10xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NVDAUSDT+0.0017%8h227.05+0.018%$482K$569K20xas long as short
Variational Omni NVDA+0.0029%8h227.08+0.029%$3.6M$2.2Mas long as short
Lighter NVDA+0.0032%1h226.99−0.011%$2.1M$3.3M20xas long as short
Arcus NVDA-USD+0.0040%1h226.94−0.031%$398K$739K20xas long as short
QFEX NVDA-USD+0.0041%1h227.00−0.004%$1.3M$9.1M10xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.07+0.026%$74K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h226.87−0.062%$147.4M$43.4M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h227.00−0.004%$400K$276K10xas long as short
SoDEX NVDA-USD+0.0050%1h226.83−0.079%$59K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h226.67−0.150%$1.6M$2.0M15xas long as short
Nado NVDA-PERP+0.0058%1h226.90−0.047%$482K$227K20xas long as short
Binance NVDAUSDT+0.0092%8h227.05+0.020%$155.6M$216.3M50xas long as short
Pacifica NVDA+0.0100%1h226.91−0.043%$298K$50K10xas long as short
KuCoin NVDAUSDTM+0.0100%8h227.04+0.013%$1.6M$729K20xas long as short
ApeX Omni NVDAUSDT+0.0100%1h226.80−0.093%$16K$44K50xas long as short
Orderly PERP_NVDA_USDClong+0.0100%8h227.01long leg$36K$21K20x
Aevo NVDA-PERP+0.0104%1h227.02+0.004%10xas long as short
Coinbase International NVDA-PERP-INTX+0.0128%1h227.11+0.044%$1.3M$782K10xas long as short
Lighter RH NVDA+0.0136%1h227.15+0.062%$5.1M$7.1M20xas long as short
Phoenix NVDA+0.0141%1h226.87−0.062%$93K$112K20xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0191%1h226.96−0.022%$49K$1.7M10xas long as short
Extended NVDA_24_5-USD+0.0200%1h226.84−0.077%$672K$765K10xas long as short
BloFin NVDA-USDT+0.0212%8h227.10+0.040%$719K$201K20xas long as short
Injective NVDA/USDC PERP+0.0220%1h227.32+0.137%$73K$13930xas long as short
edgeX NVDAUSDC+0.0497%4h227.06+0.023%$170K$1.9M20xas long as short