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 −0.009%

Price spread now: OKX against Bitget−0.004%7-day average −0.018% · you buy dearer than you sell

Net, funding: paid 7d − costs−$27as in the Funding arb table

Net, price: spread back to 7d avg − costs−$25as in the Price arb table

costs, in and out, $10k−$260.258% of the position

Long on Bitget Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.016%−$2 on $10k

Price spread, last 7 days−0.029%−$3 · spread now −0.004%, 7d avg −0.018%

Together, before fees−0.045%−$5 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget NVDAUSDT	227.90	0	get 0.0000% / 8h	6h 25m	$15.4M	$16.3M	100x
Short	OKX NVDA-USDT-SWAP	227.89	0	get 0.0000% / 8h	6h 25m	$14.4M	$20.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.004%Rate

Funding earned: $0
Price spread: −0.004% → −0.018%: $1.34
Slippage, 4 orders: −$3.84
Fee Bitget: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$24.5
Costs to cover: 0.258%
Break-even: never at this rate

Slippage from Bitget: live order book, 3 min ago; OKX: 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	7.0 bp −$7	9.9 bp −$99	25.4 bp −$2,537	doesn't fit
Sell OKX live order book, 3 min ago	0.22 bp	6.1 bp −$6	8.0 bp −$80	17.7 bp −$1,773	doesn't fit

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-SWAPshort	0.0000%	8h	227.89	−0.004%	$14.4M	$20.3M	50x
Gate NVDA_USDT	0.0000%	8h	227.81	−0.039%	$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	227.72	−0.079%	$148.2M	$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	−0.001%	$156.4M	$216.1M	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 NVDAUSDT	+0.0100%	1h	227.65	−0.110%	$16K	$44K	50x	as long as short
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