Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.005%

Price spread now: ApeX Omni against Bitget−0.110%93s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bitget Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. ApeX Omni is 0.110% cheaper against Bitget than usual: you would sell low and buy high (spread −0.110% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 3.7 days of funding at the current rate (+$3 a day). The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget NVDAUSDT	227.90	0	get 0.0000% / 8h	6h 26m	$15.4M	$16.3M	100x
Short	ApeX Omni NVDAUSDT	227.65	0.0100	get 0.0013% / 1h	26m 00s	$16K	$44K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni 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 ApeX OmnibpOrdersPrice spread, now −0.110%Rate

Funding earned: $21
Price spread: −0.110% → 0.000%: −$10.97
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$11.97
Costs to cover: 0.220%
Break-even: 11.0 days

Slippage unknown: Bitget: live order book, 3 min ago; ApeX Omni: no order-book sample. Net counts fees only.

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, 3 min ago	0.22 bp	7.0 bp −$7	9.9 bp −$99	25.4 bp −$2,537	doesn't fit
Sell ApeX Omni no order-book sample	—	—	—	—	—

ApeX Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

NVDA on 34 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	227.80	−0.043%	$484K	$581K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.87	−0.013%	$12.7M	$15.1M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.89	−0.004%	$14.4M	$20.3M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.82	−0.035%	$7.2M	$9.6M	100x	as long as short
Bitget NVDAUSDTlong	0.0000%	8h	227.90	long leg	$15.4M	$16.3M	100x
SunX NVDA-USDT	0.0000%	8h	227.35	−0.241%	$2K	$3.8M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.96	+0.026%	$198K	$496K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.94	+0.018%	$2.2M	$43K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0011%	1h	227.61	−0.125%	$118K	$54K	10x	as long as short
Variational Omni NVDA	+0.0018%	8h	227.89	−0.006%	$3.5M	$2.0M	—	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT NVDA_USDT_Perp	+0.0021%	8h	227.79	−0.046%	$20K	$385K	10x	as long as short
Arcus NVDA-USD	+0.0040%	1h	227.67	−0.101%	$400K	$723K	20x	as long as short
QFEX NVDA-USD	+0.0045%	1h	227.81	−0.039%	$1.4M	$10.0M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.93	+0.013%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.71	−0.083%	$148.1M	$44.7M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.78	−0.053%	$402K	$280K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.70	−0.088%	$58K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.56	−0.149%	$1.6M	$2.0M	15x	as long as short
Hotstuff NVDA-PERP	+0.0072%	1h	227.67	−0.101%	$35K	—	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0072%	1h	227.46	−0.193%	$1.3M	$787K	10x	as long as short
Nado NVDA-PERP	+0.0078%	1h	227.69	−0.092%	$484K	$230K	20x	as long as short
Binance NVDAUSDT	+0.0082%	8h	227.90	−0.002%	$156.4M	$216.0M	50x	as long as short
Extended NVDA_24_5-USD	+0.0096%	1h	227.66	−0.105%	$689K	$714K	10x	as long as short
Pacifica NVDA	+0.0100%	1h	227.66	−0.106%	$299K	$60K	10x	as long as short
ApeX Omni NVDAUSDTshort	+0.0100%	1h	227.65	−0.110%	$16K	$44K	50x
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.85	−0.022%	$36K	$22K	20x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	227.84	−0.025%	—	—	10x	as long as short
Phoenix NVDA	+0.0105%	1h	227.74	−0.070%	$94K	$112K	20x	as long as short
Lighter NVDA	+0.0128%	1h	227.87	−0.013%	$2.2M	$3.2M	20x	as long as short
KuCoin NVDAUSDTM	+0.0128%	8h	227.84	−0.026%	$1.6M	$738K	20x	as long as short
Lighter RH NVDA	+0.0136%	1h	228.01	+0.048%	$5.1M	$7.0M	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0145%	1h	227.80	−0.044%	$49K	$1.5M	10x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.97	+0.031%	$73K	$137	30x	as long as short
edgeX NVDAUSDC	+0.0796%	4h	227.88	−0.008%	$170K	$1.9M	20x	as long as short