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: Aftermath Perps against Bitget−0.071%7-day average −0.077% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$44as in the Price arb table

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

Long on Bitget Short on Aftermath Perps

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	Bitget NVDAUSDT	227.43	0.0025	pay 0.0025% / 8h	7m 19s	$15.5M	$17.4M	100x
Short	Aftermath Perps NVDAUSD	227.27	0.0018	get 0.0002% / 1h	7m 19s	$118K	$56K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Bitget. 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 BitgetbpFee Aftermath PerpsbpOrdersPrice spread, now −0.071%Rate

Funding earned: −$1.46
Price spread: −0.071% → −0.077%: $0.58
Slippage, 4 orders: −$23.43
Fee Bitget: 6 bp × 2 orders: −$12
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$45.31
Costs to cover: 0.444%
Break-even: never at this rate

Slippage from Bitget: live order book, 1 min ago; Aftermath Perps: live order book, 7 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 Bitget live order book, 1 min ago	0.22 bp	7.2 bp −$7	9.6 bp −$96	22.9 bp −$2,288	doesn't fit
Sell Aftermath Perps live order book, 7 min ago	2.66 bp	7.8 bp −$8	doesn't fit	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	−0.001%	$482K	$587K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.48	+0.022%	$12.7M	$15.4M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.46	+0.013%	$14.4M	$21.0M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.40	−0.013%	$7.2M	$9.7M	100x	as long as short
Variational Omni NVDA	0.0000%	8h	227.35	−0.034%	$3.6M	$1.9M	—	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	227.42	−0.004%	$20K	$407K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	227.00	−0.189%	$2K	$3.9M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.58	+0.066%	$198K	$525K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.42	−0.004%	$2.2M	$41K	10x	as long as short
Aftermath Perps NVDAUSDshort	+0.0018%	1h	227.27	−0.071%	$118K	$56K	10x

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget NVDAUSDTlong	+0.0025%	8h	227.43	long leg	$15.5M	$17.4M	100x
Extended NVDA_24_5-USD	+0.0032%	1h	227.36	−0.030%	$535K	$447K	10x	as long as short
Binance NVDAUSDT	+0.0036%	8h	227.50	+0.031%	$156.3M	$219.2M	50x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.58	+0.066%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.36	−0.031%	$147.9M	$48.7M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.44	+0.004%	$401K	$289K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.33	−0.044%	$58K	$20K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.29	−0.062%	$1.6M	$2.1M	15x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0058%	1h	227.45	+0.009%	$49K	$1.4M	10x	as long as short
QFEX NVDA-USD	+0.0060%	1h	227.46	+0.013%	$1.6M	$11.5M	10x	as long as short
Nado NVDA-PERP	+0.0062%	1h	227.40	−0.011%	$484K	$229K	20x	as long as short
Aevo NVDA-PERP	+0.0088%	1h	227.47	+0.015%	—	—	10x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0096%	1h	227.01	−0.185%	$1.3M	$842K	10x	as long as short
Pacifica NVDA	+0.0100%	1h	227.37	−0.027%	$298K	$60K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.30	−0.057%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.45	+0.009%	$36K	$22K	20x	as long as short
Phoenix NVDA	+0.0106%	1h	227.35	−0.035%	$93K	$112K	20x	as long as short
KuCoin NVDAUSDTM	+0.0109%	8h	227.42	−0.004%	$1.6M	$742K	20x	as long as short
Arcus NVDA-USD	+0.0127%	1h	227.32	−0.048%	$399K	$724K	20x	as long as short
BloFin NVDA-USDT	+0.0142%	8h	227.49	+0.026%	$715K	$205K	20x	as long as short
Hotstuff NVDA-PERP	+0.0160%	1h	227.36	−0.031%	$35K	—	20x	as long as short
Lighter RH NVDA	+0.0176%	1h	227.64	+0.092%	$5.1M	$7.2M	20x	as long as short
Lighter NVDA	+0.0184%	1h	227.51	+0.036%	$2.2M	$3.3M	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.67	+0.106%	$73K	$140	30x	as long as short
edgeX NVDAUSDC	+0.0580%	4h	227.37	−0.025%	$170K	$1.9M	20x	as long as short