Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0249%/8h= +27.3% APRpaid last 24h +0.089%

Price spread now: edgeX against Bitget−0.058%94s7-day average −0.058% · you buy dearer than you sell

Net, funding: paid 7d − costs+$42as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$320.319% of the position

Long on Bitget Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.736%+$74 on $10k

Price spread, last 7 days+0.004%$0 · spread now −0.058%, 7d avg −0.058%

Together, before fees+0.741%+ Points / potential airdropedgeX: Active · farm board+$74 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.058%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate. The two prices were read 94 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	227.49	0.0019	pay 0.0019% / 8h	1h 35m	$15.6M	$18.0M	100x
Short	edgeX NVDAUSDC	227.36	0.0268	get 0.0134% / 4h	1h 35m	$170K	$1.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −0.058%Rate

Funding earned: $52.27
Price spread: −0.058% → −0.058%: $0.04
Slippage, 4 orders: −$10.93
Fee Bitget: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $20.38
Costs to cover: 0.319%
Break-even: 4.3 days

Slippage from Bitget: live order book, 3 min ago; edgeX: live order book, 3 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, 3 min ago	0.22 bp	8.1 bp −$8	11.3 bp −$113	15.9 bp −$1,586	doesn't fit
Sell edgeX live order book, 3 min ago	3.52 bp	8.5 bp −$8	13.5 bp −$135	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	227.47	−0.008%	$474K	$574K	20x	as long as short
Binance NVDAUSDT	0.0000%	8h	227.49	0.000%	$156.2M	$220.9M	50x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.45	−0.018%	$12.7M	$15.7M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.45	−0.018%	$14.4M	$21.1M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.40	−0.040%	$7.2M	$9.5M	100x	as long as short
Variational Omni NVDA	0.0000%	8h	227.34	−0.066%	$3.5M	$2.3M	—	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	227.35	−0.062%	$20K	$446K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	227.04	−0.198%	$2K	$4.0M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.41	−0.035%	$202K	$522K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.47	−0.009%	$2.2M	$41K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps NVDAUSD	+0.0011%	1h	227.17	−0.141%	$118K	$55K	10x	as long as short
Bitget NVDAUSDTlong	+0.0019%	8h	227.49	long leg	$15.6M	$18.0M	100x
Extended NVDA_24_5-USD	+0.0032%	1h	227.25	−0.107%	$522K	$409K	10x	as long as short
QFEX NVDA-USD	+0.0041%	1h	227.45	−0.018%	$1.6M	$11.4M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.50	+0.004%	—	$73K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.28	−0.092%	$147.3M	$49.6M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.38	−0.048%	$401K	$290K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.29	−0.088%	$58K	$20K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.27	−0.097%	$1.6M	$2.1M	15x	as long as short
Phoenix NVDA	+0.0070%	1h	227.25	−0.105%	$93K	$112K	20x	as long as short
Nado NVDA-PERP	+0.0072%	1h	227.32	−0.076%	$484K	$227K	20x	as long as short
Aevo NVDA-PERP	+0.0080%	1h	227.45	−0.017%	—	—	10x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0096%	1h	227.01	−0.211%	$1.3M	$888K	10x	as long as short
Pacifica NVDA	+0.0100%	1h	227.29	−0.089%	$298K	$60K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	227.37	−0.053%	$1.6M	$752K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.22	−0.119%	$16K	$43K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.43	−0.026%	$36K	$22K	20x	as long as short
Lighter RH NVDA	+0.0120%	1h	227.58	+0.040%	$4.9M	$7.0M	20x	as long as short
BloFin NVDA-USDT	+0.0120%	8h	227.49	0.000%	$714K	$205K	20x	as long as short
Lighter NVDA	+0.0144%	1h	227.47	−0.009%	$2.1M	$3.2M	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0146%	1h	227.37	−0.053%	$49K	$1.5M	10x	as long as short
Hotstuff NVDA-PERP	+0.0152%	1h	227.33	−0.070%	$35K	—	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.61	+0.053%	$73K	$136	30x	as long as short
edgeX NVDAUSDCshort	+0.0268%	4h	227.36	−0.058%	$170K	$1.9M	20x
Arcus NVDA-USD	+0.0305%	1h	227.35	−0.062%	$388K	$709K	20x	as long as short