Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0054%/8h= +5.9% APRpaid last 24h +0.005%

Price spread now: Pacifica against Bitget−0.092%7-day average −0.073% · you buy dearer than you sell

Net, funding: paid 7d − costs−$31as in the Funding arb table

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$320.325% of the position

Long on Bitget Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.011%+$1 on $10k

Price spread, last 4 days (all we have)+0.086%+$9 · spread now −0.092%, 7d avg −0.073%

Together, before fees+0.096%+ Points / potential airdropPacifica: Active · farm board+$10 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.073%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget NVDAUSDT	227.88	0.0046	pay 0.0046% / 8h	7h 18m	$15.5M	$16.9M	100x
Short	Pacifica NVDA	227.67	0.0100	get 0.0013% / 1h	18m 07s	$299K	$60K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now −0.092%Rate

Funding earned: $11.34
Price spread: −0.092% → −0.073%: −$1.95
Slippage, 4 orders: −$12.5
Fee Bitget: 6 bp × 2 orders: −$12
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$23.11
Costs to cover: 0.325%
Break-even: 21.3 days

Slippage from Bitget: live order book, 1 min ago; Pacifica: live order book, 55 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, 1 min ago	0.22 bp	7.2 bp −$7	11.5 bp −$115	23.9 bp −$2,394	doesn't fit
Sell Pacifica live order book, 55 min ago	1.76 bp	8.1 bp −$8	doesn't fit	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	227.67	−0.091%	$483K	$586K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.86	−0.009%	$12.7M	$15.3M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.83	−0.022%	$14.4M	$20.6M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.80	−0.035%	$7.2M	$9.7M	100x	as long as short
Variational Omni NVDA	0.0000%	8h	227.85	−0.014%	$3.5M	$1.9M	—	as long as short
SunX NVDA-USDT	0.0000%	8h	227.46	−0.184%	$3K	$3.8M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.88	0.000%	$198K	$510K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.90	+0.009%	$2.2M	$42K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0015%	1h	227.71	−0.076%	$118K	$55K	10x	as long as short
Extended NVDA_24_5-USD	+0.0032%	1h	227.72	−0.070%	$524K	$473K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus NVDA-USD	+0.0040%	1h	227.69	−0.083%	$400K	$724K	20x	as long as short
QFEX NVDA-USD	+0.0042%	1h	227.79	−0.039%	$1.6M	$11.0M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.91	+0.013%	—	$74K	25x	as long as short
Bitget NVDAUSDTlong	+0.0046%	8h	227.88	long leg	$15.5M	$16.9M	100x
tradeXYZ xyz:NVDA	+0.0050%	1h	227.74	−0.061%	$147.9M	$46.0M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.75	−0.057%	$402K	$289K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.71	−0.075%	$58K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.58	−0.132%	$1.5M	$2.1M	15x	as long as short
Binance NVDAUSDT	+0.0063%	8h	227.89	+0.004%	$156.5M	$217.6M	50x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0080%	1h	227.46	−0.184%	$1.3M	$800K	10x	as long as short
Nado NVDA-PERP	+0.0086%	1h	227.70	−0.080%	$484K	$229K	20x	as long as short
GRVT NVDA_USDT_Perp	+0.0094%	8h	227.87	−0.004%	$20K	$389K	10x	as long as short
Hotstuff NVDA-PERP	+0.0096%	1h	227.69	−0.083%	$35K	—	20x	as long as short
Aevo NVDA-PERP	+0.0096%	1h	227.82	−0.026%	—	—	10x	as long as short
Pacifica NVDAshort	+0.0100%	1h	227.67	−0.092%	$299K	$60K	10x
ApeX Omni NVDAUSDT	+0.0100%	1h	227.69	−0.083%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.84	−0.018%	$36K	$22K	20x	as long as short
Phoenix NVDA	+0.0106%	1h	227.73	−0.066%	$94K	$112K	20x	as long as short
KuCoin NVDAUSDTM	+0.0135%	8h	227.88	0.000%	$1.6M	$741K	20x	as long as short
Lighter RH NVDA	+0.0144%	1h	228.02	+0.061%	$5.1M	$7.1M	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0145%	1h	227.79	−0.039%	$49K	$1.5M	10x	as long as short
Lighter NVDA	+0.0152%	1h	227.89	+0.003%	$2.2M	$3.2M	20x	as long as short
BloFin NVDA-USDT	+0.0182%	8h	227.84	−0.018%	$718K	$205K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	228.36	+0.211%	$73K	$139	30x	as long as short
edgeX NVDAUSDC	+0.0924%	4h	227.82	−0.028%	$170K	$1.9M	20x	as long as short