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

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%
Price spread now: Bybit against SunX+0.180%7-day average +0.115% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$770.767% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.050%+$5 on $10k
Price spread, last 4 days (all we have)+0.072%+$7 · spread now +0.180%, 7d avg +0.115%
Together, before fees+0.122%+$12 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.066% dearer against SunX than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.115%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX NVDA-USDT227.230get 0.0000% / 8h5h 07m$3K$3.7M20x
ShortBybit NVDAUSDT227.640get 0.0000% / 8h5h 07m$12.6M$14.8M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against SunX. 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
$0
Price spread: +0.180% → +0.115%
$6.57
Slippage, 4 orders
−$57.74
Fee SunX: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$70.17
Costs to cover
0.767%
Break-even
never at this rate
Slippage from SunX: live order book, 11 min ago; Bybit: live order book, 1 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 SunX live order book, 11 min ago21.97 bp38.1 bp −$3867.6 bp −$676doesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago0.22 bp6.5 bp −$79.1 bp −$9182.8 bp −$8,279doesn'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 NVDAUSDTshort0.0000%8h227.64+0.180%$12.6M$14.8M100x
OKX NVDA-USDT-SWAP0.0000%8h227.65+0.185%$14.4M$20.3M50xas long as short
Gate NVDA_USDT0.0000%8h227.60+0.163%$7.2M$9.6M100xas long as short
Bitget NVDAUSDT0.0000%8h227.68+0.198%$15.5M$16.4M100xas long as short
SunX NVDA-USDTlong0.0000%8h227.23long leg$3K$3.7M20x
HTX NVDA-USDT0.0000%8h227.76+0.233%$198K$475K30xas long as short
Phemex NVDAUSDT0.0000%4h227.72+0.216%$2.2M$43K10xas long as short
Aftermath Perps NVDAUSD+0.0015%1h227.55+0.139%$118K$54K10xas long as short
Aster NVDAUSDT+0.0024%8h227.69+0.200%$483K$590K20xas long as short
GRVT NVDA_USDT_Perp+0.0031%8h227.69+0.202%$21K$386K10xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus NVDA-USD+0.0040%1h227.58+0.154%$406K$746K20xas long as short
QFEX NVDA-USD+0.0044%1h227.64+0.180%$1.4M$9.5M10xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.75+0.229%$74K25xas long as short
Variational Omni NVDA+0.0049%8h227.62+0.172%$3.5M$2.1Mas long as short
tradeXYZ xyz:NVDA+0.0050%1h227.51+0.123%$147.9M$43.7M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h227.63+0.176%$402K$277K10xas long as short
SoDEX NVDA-USD+0.0050%1h227.51+0.123%$58K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h227.39+0.070%$1.6M$2.0M15xas long as short
Coinbase International NVDA-PERP-INTX+0.0072%1h227.53+0.132%$1.3M$776K10xas long as short
Hotstuff NVDA-PERP+0.0080%1h227.52+0.128%$35K20xas long as short
Pacifica NVDA+0.0100%1h227.50+0.119%$299K$51K10xas long as short
ApeX Omni NVDAUSDT+0.0100%1h227.52+0.128%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h227.64+0.180%$36K$22K20xas long as short
Aevo NVDA-PERP+0.0104%1h227.65+0.185%10xas long as short
Phoenix NVDA+0.0105%1h227.57+0.150%$94K$112K20xas long as short
Binance NVDAUSDT+0.0108%8h227.69+0.202%$156.2M$215.1M50xas long as short
Nado NVDA-PERP+0.0130%1h227.52+0.128%$483K$228K20xas long as short
KuCoin NVDAUSDTM+0.0143%8h227.71+0.211%$1.6M$723K20xas long as short
Lighter NVDA+0.0168%1h227.66+0.187%$2.2M$3.3M20xas long as short
Lighter RH NVDA+0.0208%1h227.80+0.251%$5.1M$7.1M20xas long as short
Injective NVDA/USDC PERP+0.0220%1h227.98+0.330%$73K$13930xas long as short
BloFin NVDA-USDT+0.0228%8h227.70+0.207%$722K$201K20xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0234%1h227.60+0.163%$49K$1.6M10xas long as short
Extended NVDA_24_5-USD+0.0416%1h227.46+0.101%$686K$733K10xas long as short
edgeX NVDAUSDC+0.0652%4h227.68+0.196%$170K$1.9M20xas long as short