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+0.0076%/8h= +8.3% APRnext payment +$0.09 per $10,000 · paid last 24h −0.010%
Price spread now: Extended against Pacifica−0.026%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$320.317% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.064%−$6 on $10k
Price spread, last 4 days (all we have)−0.027%−$3 · spread now −0.026%, 7d avg 0.000%
Together, before fees−0.091%+ Points / potential airdropPacifica: Active · Extended: Active · farm board−$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.026% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.026% now, against its 7-day average of 0.000%). If the spread goes back, that is −$3 on $10k: about 27 hours of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.064%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica NVDA226.890.0100pay 0.0013% / 1h22m 36s$298K$50K10x
ShortExtended NVDA_24_5-USD226.830.0176get 0.0022% / 1h22m 36s$672K$780K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Pacifica. 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
$15.96
Price spread: −0.026% → 0.000%
−$2.56
Slippage, 4 orders
−$18.74
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$18.34
Costs to cover
0.317%
Break-even
15.0 days
Slippage from Pacifica: live order book, 31 min ago; Extended: live order book, 30 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 Pacifica live order book, 31 min ago1.98 bp10.8 bp −$11doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 30 min ago0.66 bp6.7 bp −$726.1 bp −$261doesn'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%8h226.97+0.034%$12.6M$14.8M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h226.98+0.038%$14.3M$20.4M50xas long as short
Gate NVDA_USDT0.0000%8h226.93+0.016%$7.2M$9.7M100xas long as short
Bitget NVDAUSDT0.0000%8h227.00+0.047%$15.4M$16.4M100xas long as short
GRVT NVDA_USDT_Perp0.0000%8h227.10+0.091%$21K$396K10xas long as short
SunX NVDA-USDT0.0000%8h226.60−0.130%$2K$3.7M20xas long as short
HTX NVDA-USDT0.0000%8h227.26+0.161%$197K$462K30xas long as short
Phemex NVDAUSDT0.0000%4h227.21+0.139%$2.2M$43K10xas long as short
Aster NVDAUSDT+0.0007%8h227.04+0.063%$482K$569K20xas long as short
Aftermath Perps NVDAUSD+0.0012%1h227.00+0.047%$118K$53K10xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit NVDA_USDC-PERPETUAL+0.0015%1h226.88−0.006%$49K$1.7M10xas long as short
Lighter NVDA+0.0032%1h226.94+0.021%$2.1M$3.3M20xas long as short
Variational Omni NVDA+0.0037%8h227.11+0.097%$3.6M$2.2Mas long as short
Arcus NVDA-USD+0.0040%1h227.01+0.051%$398K$738K20xas long as short
QFEX NVDA-USD+0.0041%1h226.97+0.034%$1.3M$9.1M10xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.09+0.086%$74K25xas long as short
Hotstuff NVDA-PERP+0.0048%1h226.83−0.028%$35K20xas long as short
tradeXYZ xyz:NVDA+0.0050%1h226.84−0.024%$147.4M$43.4M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h226.94+0.020%$400K$276K10xas long as short
SoDEX NVDA-USD+0.0050%1h226.88−0.006%$59K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h226.79−0.046%$1.6M$2.0M15xas long as short
Nado NVDA-PERP+0.0054%1h226.87−0.009%$482K$227K20xas long as short
Binance NVDAUSDT+0.0093%8h227.01+0.051%$155.6M$216.3M50xas long as short
Pacifica NVDAlong+0.0100%1h226.89long leg$298K$50K10x
KuCoin NVDAUSDTM+0.0100%8h227.03+0.060%$1.6M$728K20xas long as short
ApeX Omni NVDAUSDT+0.0100%1h227.07+0.078%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h226.96+0.029%$36K$21K20xas long as short
Aevo NVDA-PERP+0.0104%1h226.96+0.030%10xas long as short
Lighter RH NVDA+0.0128%1h227.11+0.095%$5.1M$7.1M20xas long as short
Coinbase International NVDA-PERP-INTX+0.0128%1h227.11+0.095%$1.3M$782K10xas long as short
Phoenix NVDA+0.0141%1h227.02+0.056%$93K$112K20xas long as short
Extended NVDA_24_5-USDshort+0.0176%1h226.83−0.026%$672K$780K10x
BloFin NVDA-USDT+0.0215%8h227.15+0.113%$718K$201K20xas long as short
Injective NVDA/USDC PERP+0.0220%1h227.52+0.276%$73K$13830xas long as short
edgeX NVDAUSDC+0.0414%4h227.23+0.148%$170K$1.9M20xas long as short