Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0007%/8h= +0.8% APRpaid last 24h +0.009%

Price spread now: Bitget against Aftermath Perps+0.071%7-day average +0.077% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$45as in the Price arb table

costs, in and out, $10k−$440.444% of the position

Long on Aftermath Perps Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.123%+$12 on $10k

Price spread, last 3 days (all we have)+0.008%+$1 · spread now +0.071%, 7d avg +0.077%

Together, before fees+0.131%+$13 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps NVDAUSD	227.27	0.0018	pay 0.0002% / 1h	7m 16s	$118K	$56K	10x
Short	Bitget NVDAUSDT	227.43	0.0025	get 0.0025% / 8h	7m 16s	$15.5M	$17.4M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Aftermath Perps. 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

Position, each leg$Hold fordaysFee Aftermath PerpsbpFee BitgetbpOrdersPrice spread, now +0.071%Rate

Funding earned: $1.46
Price spread: +0.071% → +0.077%: −$0.58
Slippage, 4 orders: −$23.43
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$43.54
Costs to cover: 0.444%
Break-even: 215.5 days

Slippage from Aftermath Perps: live order book, 7 min ago; Bitget: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aftermath Perps live order book, 7 min ago	2.66 bp	21.8 bp −$22	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 1 min ago	0.22 bp	7.5 bp −$8	10.3 bp −$103	doesn't fit	doesn't fit

NVDA on 35 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster NVDAUSDT	0.0000%	8h	227.43	+0.070%	$482K	$587K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.48	+0.093%	$12.7M	$15.4M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.46	+0.084%	$14.4M	$21.0M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.40	+0.058%	$7.2M	$9.7M	100x	as long as short
Variational Omni NVDA	0.0000%	8h	227.35	+0.037%	$3.6M	$1.9M	—	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	227.42	+0.067%	$20K	$407K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	227.00	−0.118%	$2K	$3.9M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.58	+0.137%	$198K	$525K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.42	+0.067%	$2.2M	$41K	10x	as long as short
Aftermath Perps NVDAUSDlong	+0.0018%	1h	227.27	long leg	$118K	$56K	10x

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget NVDAUSDTshort	+0.0025%	8h	227.43	+0.071%	$15.5M	$17.4M	100x
Extended NVDA_24_5-USD	+0.0032%	1h	227.36	+0.041%	$535K	$447K	10x	as long as short
Binance NVDAUSDT	+0.0036%	8h	227.50	+0.102%	$156.3M	$219.2M	50x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.58	+0.137%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.36	+0.040%	$147.9M	$48.7M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.44	+0.076%	$401K	$289K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.33	+0.027%	$58K	$20K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.29	+0.010%	$1.6M	$2.1M	15x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0058%	1h	227.45	+0.080%	$49K	$1.4M	10x	as long as short
QFEX NVDA-USD	+0.0060%	1h	227.46	+0.084%	$1.6M	$11.5M	10x	as long as short
Nado NVDA-PERP	+0.0062%	1h	227.40	+0.060%	$484K	$229K	20x	as long as short
Aevo NVDA-PERP	+0.0088%	1h	227.47	+0.087%	—	—	10x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0096%	1h	227.01	−0.114%	$1.3M	$842K	10x	as long as short
Pacifica NVDA	+0.0100%	1h	227.37	+0.044%	$298K	$60K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.30	+0.014%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.45	+0.080%	$36K	$22K	20x	as long as short
Phoenix NVDA	+0.0106%	1h	227.35	+0.036%	$93K	$112K	20x	as long as short
KuCoin NVDAUSDTM	+0.0109%	8h	227.42	+0.067%	$1.6M	$742K	20x	as long as short
Arcus NVDA-USD	+0.0127%	1h	227.32	+0.023%	$399K	$724K	20x	as long as short
BloFin NVDA-USDT	+0.0142%	8h	227.49	+0.098%	$715K	$205K	20x	as long as short
Hotstuff NVDA-PERP	+0.0160%	1h	227.36	+0.040%	$35K	—	20x	as long as short
Lighter RH NVDA	+0.0176%	1h	227.64	+0.164%	$5.1M	$7.2M	20x	as long as short
Lighter NVDA	+0.0184%	1h	227.51	+0.107%	$2.2M	$3.3M	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.67	+0.177%	$73K	$140	30x	as long as short
edgeX NVDAUSDC	+0.0580%	4h	227.37	+0.046%	$170K	$1.9M	20x	as long as short