Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.010%

Price spread now: Ondo Perps against Bitget−0.110%7-day average −0.132% · you buy dearer than you sell

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

Long on Bitget Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.068%−$7 on $10k

Price spread, last 7 days−0.063%−$6 · spread now −0.110%, 7d avg −0.132%

Together, before fees−0.131%+ Points / potential airdropOndo Perps: Active · farm board−$13 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Ondo Perps is 0.022% dearer against Bitget than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.132%. Mind the row above: over the last 7 days funding on this pair cost −0.068%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget NVDAUSDT	227.77	0	get 0.0000% / 8h	5h 38m	$15.5M	$16.4M	100x
Short	Ondo Perps NVDA-USD.P	227.52	0.0050	get 0.0006% / 1h	38m 12s	$1.6M	$2.0M	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo 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 Ondo PerpsbpOrdersPrice spread, now −0.110%Rate

Funding earned: $10.58
Price spread: −0.110% → −0.132%: $2.19
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$4.22
Costs to cover: 0.170%
Break-even: 9.8 days

Slippage unknown: Bitget: live order book, just now; Ondo Perps: 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, just now	0.22 bp	6.6 bp −$7	9.8 bp −$98	23.7 bp −$2,369	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: 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 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	227.57	−0.088%	$35K	—	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.73	−0.018%	$12.7M	$14.8M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.73	−0.018%	$14.4M	$20.2M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.68	−0.040%	$7.2M	$9.6M	100x	as long as short
Bitget NVDAUSDTlong	0.0000%	8h	227.77	long leg	$15.5M	$16.4M	100x
GRVT NVDA_USDT_Perp	0.0000%	8h	227.71	−0.025%	$20K	$384K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	227.29	−0.211%	$2K	$3.7M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.76	−0.004%	$198K	$479K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.77	0.000%	$2.2M	$43K	10x	as long as short
Aster NVDAUSDT	+0.0004%	8h	227.74	−0.012%	$484K	$590K	20x	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	227.53	−0.105%	$118K	$54K	10x	as long as short
Variational Omni NVDA	+0.0027%	8h	227.69	−0.035%	$3.5M	$2.0M	—	as long as short
Arcus NVDA-USD	+0.0040%	1h	227.72	−0.022%	$406K	$711K	20x	as long as short
QFEX NVDA-USD	+0.0044%	1h	227.71	−0.026%	$1.4M	$9.7M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.79	+0.009%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.58	−0.083%	$148.1M	$44.1M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.67	−0.044%	$402K	$277K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.58	−0.083%	$58K	$19K	10x	as long as short
Ondo Perps NVDA-USD.Pshort	+0.0050%	1h	227.52	−0.110%	$1.6M	$2.0M	15x
Coinbase International NVDA-PERP-INTX	+0.0072%	1h	227.46	−0.136%	$1.3M	$776K	10x	as long as short
Binance NVDAUSDT	+0.0088%	8h	227.75	−0.007%	$156.3M	$215.1M	50x	as long as short
Pacifica NVDA	+0.0100%	1h	227.55	−0.095%	$299K	$60K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.54	−0.101%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.68	−0.040%	$36K	$22K	20x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	227.72	−0.020%	—	—	10x	as long as short
Phoenix NVDA	+0.0105%	1h	227.61	−0.070%	$94K	$112K	20x	as long as short
Nado NVDA-PERP	+0.0114%	1h	227.57	−0.087%	$484K	$228K	20x	as long as short
KuCoin NVDAUSDTM	+0.0130%	8h	227.74	−0.013%	$1.6M	$723K	20x	as long as short
Lighter NVDA	+0.0168%	1h	227.72	−0.023%	$2.2M	$3.2M	20x	as long as short
BloFin NVDA-USDT	+0.0208%	8h	227.72	−0.022%	$723K	$202K	20x	as long as short
Lighter RH NVDA	+0.0208%	1h	227.85	+0.035%	$5.1M	$7.0M	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.96	+0.083%	$73K	$136	30x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0277%	1h	227.66	−0.048%	$49K	$1.6M	10x	as long as short
Extended NVDA_24_5-USD	+0.0288%	1h	227.50	−0.116%	$689K	$714K	10x	as long as short
edgeX NVDAUSDC	+0.0993%	4h	227.68	−0.038%	$170K	$1.9M	20x	as long as short