Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0014%/8h= −1.6% APRpaid last 24h −0.016%

Price spread now: Gate against Aftermath Perps+0.067%7-day average +0.035% · 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−$50as in the Price arb table

costs, in and out, $10k−$530.535% of the position

Long on Aftermath Perps Short on Gate

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.023%+$2 on $10k

Price spread, last 3 days (all we have)−0.030%−$3 · spread now +0.067%, 7d avg +0.035%

Together, before fees−0.007%−$1 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.032% dearer against Aftermath Perps than usual: you sell high and buy low (spread +0.067% now, against its 7-day average of +0.035%): +$3 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 7.3 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps NVDAUSD	227.68	0.0014	pay 0.0002% / 1h	17m 28s	$118K	$55K	10x
Short	Gate NVDA_USDT	227.83	0	get 0.0000% / 8h	7h 17m	$7.2M	$9.7M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.067%Rate

Funding earned: −$3.03
Price spread: +0.067% → +0.035%: $3.17
Slippage, 4 orders: −$29.49
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$53.35
Costs to cover: 0.535%
Break-even: never at this rate

Slippage from Aftermath Perps: live order book, 57 min ago; Gate: 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, 57 min ago	2.66 bp	21.8 bp −$22	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 1 min ago	0.22 bp	12.4 bp −$12	23.3 bp −$233	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	227.70	+0.008%	$483K	$586K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.90	+0.097%	$12.7M	$15.3M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.87	+0.084%	$14.4M	$20.6M	50x	as long as short
Gate NVDA_USDTshort	0.0000%	8h	227.83	+0.067%	$7.2M	$9.7M	100x
Variational Omni NVDA	0.0000%	8h	227.85	+0.074%	$3.5M	$1.9M	—	as long as short
SunX NVDA-USDT	0.0000%	8h	227.46	−0.096%	$3K	$3.8M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.88	+0.089%	$198K	$510K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.90	+0.097%	$2.2M	$42K	10x	as long as short
Aftermath Perps NVDAUSDlong	+0.0014%	1h	227.68	long leg	$118K	$55K	10x
Extended NVDA_24_5-USD	+0.0032%	1h	227.72	+0.021%	$524K	$473K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus NVDA-USD	+0.0040%	1h	227.70	+0.010%	$400K	$724K	20x	as long as short
QFEX NVDA-USD	+0.0042%	1h	227.86	+0.080%	$1.6M	$11.0M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.96	+0.124%	—	$74K	25x	as long as short
Bitget NVDAUSDT	+0.0046%	8h	227.89	+0.093%	$15.5M	$16.9M	100x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.76	+0.036%	$147.9M	$46.0M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.84	+0.071%	$402K	$289K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.71	+0.014%	$58K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.69	+0.005%	$1.5M	$2.1M	15x	as long as short
Binance NVDAUSDT	+0.0064%	8h	227.91	+0.103%	$156.6M	$217.6M	50x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0080%	1h	227.46	−0.096%	$1.3M	$800K	10x	as long as short
Nado NVDA-PERP	+0.0086%	1h	227.78	+0.044%	$484K	$229K	20x	as long as short
GRVT NVDA_USDT_Perp	+0.0094%	8h	227.87	+0.084%	$20K	$389K	10x	as long as short
Hotstuff NVDA-PERP	+0.0096%	1h	227.74	+0.027%	$35K	—	20x	as long as short
Aevo NVDA-PERP	+0.0096%	1h	227.82	+0.062%	—	—	10x	as long as short
Pacifica NVDA	+0.0100%	1h	227.73	+0.024%	$299K	$60K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.69	+0.005%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.84	+0.071%	$36K	$22K	20x	as long as short
Phoenix NVDA	+0.0106%	1h	227.73	+0.023%	$94K	$112K	20x	as long as short
KuCoin NVDAUSDTM	+0.0136%	8h	227.89	+0.093%	$1.6M	$735K	20x	as long as short
Lighter RH NVDA	+0.0144%	1h	228.06	+0.168%	$5.1M	$7.1M	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0145%	1h	227.79	+0.049%	$49K	$1.5M	10x	as long as short
Lighter NVDA	+0.0152%	1h	227.94	+0.113%	$2.2M	$3.2M	20x	as long as short
BloFin NVDA-USDT	+0.0182%	8h	227.84	+0.071%	$718K	$205K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	228.36	+0.300%	$73K	$139	30x	as long as short
edgeX NVDAUSDC	+0.0924%	4h	227.82	+0.060%	$170K	$1.9M	20x	as long as short