Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0005%/8h= +0.5% APRpaid last 24h −0.010%

Price spread now: SoDEX against Bitget−0.088%7-day average — · you buy dearer than you sell

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

Long on Bitget Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.088% cheaper against Bitget than usual: you would sell low and buy high, −$9 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget NVDAUSDT	227.96	0.0045	pay 0.0045% / 8h	7h 07m	$15.5M	$16.9M	100x
Short	SoDEX NVDA-USD	227.76	0.0050	get 0.0006% / 1h	7m 39s	$59K	$19K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.088%Rate

Funding earned: $1.05
Price spread: −0.088% → 0.000%: −$8.77
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$27.72
Costs to cover: 0.200%
Break-even: 191.8 days

Slippage unknown: Bitget: live order book, 1 min ago; SoDEX: 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, 1 min ago	0.22 bp	7.1 bp −$7	10.4 bp −$104	25.4 bp −$2,538	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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
Aster NVDAUSDT	0.0000%	8h	227.70	−0.113%	$484K	$581K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.92	−0.018%	$12.7M	$15.3M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.89	−0.031%	$14.4M	$20.6M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.85	−0.048%	$7.2M	$9.7M	100x	as long as short
SunX NVDA-USDT	0.0000%	8h	227.49	−0.206%	$3K	$3.8M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.96	0.000%	$198K	$508K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.96	0.000%	$2.2M	$43K	10x	as long as short
Variational Omni NVDA	+0.0004%	8h	227.82	−0.063%	$3.5M	$1.9M	—	as long as short
Aftermath Perps NVDAUSD	+0.0012%	1h	227.71	−0.108%	$118K	$55K	10x	as long as short
Hotstuff NVDA-PERP	+0.0024%	1h	227.78	−0.079%	$35K	—	20x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended NVDA_24_5-USD	+0.0032%	1h	227.73	−0.101%	$524K	$469K	10x	as long as short
Arcus NVDA-USD	+0.0040%	1h	227.74	−0.097%	$400K	$724K	20x	as long as short
QFEX NVDA-USD	+0.0042%	1h	227.86	−0.044%	$1.5M	$11.0M	10x	as long as short
Bitget NVDAUSDTlong	+0.0045%	8h	227.96	long leg	$15.5M	$16.9M	100x
Vest NVDA-USD-PERP	+0.0046%	1h	227.98	+0.009%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.78	−0.079%	$147.9M	$45.8M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.84	−0.053%	$402K	$289K	10x	as long as short
SoDEX NVDA-USDshort	+0.0050%	1h	227.76	−0.088%	$59K	$19K	10x
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.70	−0.114%	$1.5M	$2.1M	15x	as long as short
Binance NVDAUSDT	+0.0080%	8h	227.95	−0.004%	$156.5M	$217.2M	50x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0080%	1h	227.46	−0.219%	$1.3M	$800K	10x	as long as short
Nado NVDA-PERP	+0.0086%	1h	227.76	−0.087%	$484K	$229K	20x	as long as short
Aevo NVDA-PERP	+0.0096%	1h	227.88	−0.036%	—	—	10x	as long as short
Pacifica NVDA	+0.0100%	1h	227.75	−0.091%	$299K	$60K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.71	−0.110%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.87	−0.039%	$36K	$22K	20x	as long as short
Phoenix NVDA	+0.0106%	1h	227.83	−0.057%	$94K	$112K	20x	as long as short
KuCoin NVDAUSDTM	+0.0143%	8h	227.92	−0.018%	$1.6M	$735K	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0145%	1h	227.85	−0.048%	$49K	$1.5M	10x	as long as short
Lighter NVDA	+0.0152%	1h	227.95	−0.006%	$2.2M	$3.2M	20x	as long as short
Lighter RH NVDA	+0.0152%	1h	228.07	+0.048%	$5.1M	$7.1M	20x	as long as short
GRVT NVDA_USDT_Perp	+0.0165%	8h	227.94	−0.009%	$20K	$392K	10x	as long as short
BloFin NVDA-USDT	+0.0195%	8h	227.90	−0.026%	$718K	$206K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	228.20	+0.105%	$73K	$140	30x	as long as short
edgeX NVDAUSDC	+0.0995%	4h	227.83	−0.058%	$170K	$1.9M	20x	as long as short