Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.025%

Price spread now: HTX against Bitget+0.084%7-day average −0.043% · you sell dearer than you buy

Net, funding: paid 7d − costs−$51as in the Funding arb table

Net, price: spread back to 7d avg − costs−$22as in the Price arb table

costs, in and out, $10k−$340.343% of the position

Long on Bitget Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.169%−$17 on $10k

Price spread, last 4 days (all we have)−0.174%−$17 · spread now +0.084%, 7d avg −0.043%

Together, before fees−0.342%−$34 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.126% dearer against Bitget than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.043%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget NVDAUSDT	227.52	0	get 0.0000% / 8h	3h 51m	$15.4M	$16.3M	100x
Short	HTX NVDA-USDT	227.71	0	get 0.0000% / 8h	3h 51m	$198K	$466K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.084%Rate

Funding earned: $0
Price spread: +0.084% → −0.043%: $12.62
Slippage, 4 orders: −$10.27
Fee Bitget: 6 bp × 2 orders: −$12
Fee HTX: 6 bp × 2 orders: −$12
Net: −$21.65
Costs to cover: 0.343%
Break-even: never at this rate

Slippage from Bitget: live order book, 2 min ago; HTX: live order book, 2 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, 2 min ago	0.22 bp	7.7 bp −$8	10.9 bp −$109	28.2 bp −$2,822	doesn't fit
Sell HTX live order book, 2 min ago	0.22 bp	11.5 bp −$12	12.3 bp −$123	23.4 bp −$2,335	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
Hotstuff NVDA-PERP	−0.0024%	1h	227.35	−0.075%	$35K	—	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.50	−0.009%	$12.7M	$14.8M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.47	−0.022%	$14.4M	$20.5M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.44	−0.035%	$7.2M	$9.6M	100x	as long as short
Bitget NVDAUSDTlong	0.0000%	8h	227.52	long leg	$15.4M	$16.3M	100x
GRVT NVDA_USDT_Perp	0.0000%	8h	227.53	+0.004%	$20K	$390K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	227.10	−0.185%	$2K	$3.7M	20x	as long as short
HTX NVDA-USDTshort	0.0000%	8h	227.71	+0.084%	$198K	$466K	30x
Phemex NVDAUSDT	0.0000%	4h	227.55	+0.013%	$2.2M	$43K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0013%	1h	227.40	−0.051%	$118K	$53K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster NVDAUSDT	+0.0020%	8h	227.48	−0.019%	$483K	$590K	20x	as long as short
Lighter NVDA	+0.0040%	1h	227.47	−0.024%	$2.2M	$3.3M	20x	as long as short
Arcus NVDA-USD	+0.0040%	1h	227.45	−0.031%	$399K	$741K	20x	as long as short
QFEX NVDA-USD	+0.0041%	1h	227.46	−0.026%	$1.3M	$9.2M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.62	+0.044%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.35	−0.075%	$147.8M	$43.4M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.50	−0.009%	$401K	$276K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.36	−0.070%	$58K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.30	−0.097%	$1.6M	$2.0M	15x	as long as short
Nado NVDA-PERP	+0.0052%	1h	227.38	−0.060%	$484K	$228K	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0058%	1h	227.43	−0.040%	$49K	$1.7M	10x	as long as short
Variational Omni NVDA	+0.0058%	8h	227.54	+0.007%	$3.6M	$2.2M	—	as long as short
Pacifica NVDA	+0.0100%	1h	227.37	−0.065%	$298K	$51K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.41	−0.048%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.44	−0.035%	$36K	$21K	20x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	227.49	−0.011%	—	—	10x	as long as short
Binance NVDAUSDT	+0.0106%	8h	227.49	−0.011%	$156.0M	$215.8M	50x	as long as short
KuCoin NVDAUSDTM	+0.0113%	8h	227.50	−0.009%	$1.6M	$724K	20x	as long as short
Lighter RH NVDA	+0.0120%	1h	227.62	+0.044%	$5.1M	$7.1M	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0128%	1h	227.53	+0.004%	$1.3M	$775K	10x	as long as short
Phoenix NVDA	+0.0141%	1h	227.46	−0.026%	$94K	$112K	20x	as long as short
edgeX NVDAUSDC	+0.0174%	4h	227.50	−0.007%	$171K	$1.9M	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.92	+0.176%	$73K	$135	30x	as long as short
BloFin NVDA-USDT	+0.0227%	8h	227.54	+0.009%	$720K	$201K	20x	as long as short
Extended NVDA_24_5-USD	+0.0240%	1h	227.36	−0.070%	$675K	$777K	10x	as long as short