Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0008%/8h= +0.9% APRpaid last 24h −0.007%

Price spread now: tradeXYZ against Bitget−0.088%7-day average −0.102% · you buy dearer than you sell

Net, funding: paid 7d − costs−$36as in the Funding arb table

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$340.342% of the position

Long on Bitget Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days−0.020%−$2 on $10k

Price spread, last 7 days−0.003%$0 · spread now −0.088%, 7d avg −0.102%

Together, before fees−0.022%+ Points / potential airdroptradeXYZ: Active · farm board−$2 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget NVDAUSDT	227.97	0.0042	pay 0.0042% / 8h	7h 26m	$15.5M	$16.9M	100x
Short	tradeXYZ xyz:NVDA	227.77	0.0050	get 0.0006% / 1h	26m 47s	$147.9M	$46.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.088%Rate

Funding earned: $1.68
Price spread: −0.088% → −0.102%: $1.43
Slippage, 4 orders: −$4.24
Fee Bitget: 6 bp × 2 orders: −$12
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$31.13
Costs to cover: 0.342%
Break-even: 136.7 days

Slippage from Bitget: live order book, 2 min ago; tradeXYZ: 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, 2 min ago	0.22 bp	7.2 bp −$7	10.1 bp −$101	25.6 bp −$2,556	doesn't fit
Sell tradeXYZ live order book, 3 min ago	0.22 bp	9.4 bp −$9	11.4 bp −$114	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	227.71	−0.114%	$483K	$586K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.91	−0.026%	$12.7M	$15.3M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.86	−0.048%	$14.4M	$20.7M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.84	−0.057%	$7.2M	$9.7M	100x	as long as short
Variational Omni NVDA	0.0000%	8h	227.79	−0.079%	$3.6M	$1.9M	—	as long as short
SunX NVDA-USDT	0.0000%	8h	227.43	−0.237%	$2K	$3.8M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.77	−0.088%	$198K	$510K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.90	−0.031%	$2.2M	$42K	10x	as long as short
GRVT NVDA_USDT_Perp	+0.0014%	8h	227.77	−0.086%	$21K	$394K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0014%	1h	227.59	−0.165%	$118K	$55K	10x	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	−0.105%	$524K	$474K	10x	as long as short
Hotstuff NVDA-PERP	+0.0040%	1h	227.73	−0.105%	$35K	—	20x	as long as short
Arcus NVDA-USD	+0.0040%	1h	227.66	−0.136%	$400K	$724K	20x	as long as short
QFEX NVDA-USD	+0.0042%	1h	227.84	−0.057%	$1.6M	$11.2M	10x	as long as short
Bitget NVDAUSDTlong	+0.0042%	8h	227.97	long leg	$15.5M	$16.9M	100x
Vest NVDA-USD-PERP	+0.0046%	1h	227.98	+0.004%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDAshort	+0.0050%	1h	227.77	−0.088%	$147.9M	$46.8M	20x
Polymarket Perps NVDA-USD	+0.0050%	1h	227.85	−0.053%	$402K	$289K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.76	−0.092%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.55	−0.184%	$1.6M	$2.0M	15x	as long as short
Binance NVDAUSDT	+0.0055%	8h	227.90	−0.031%	$156.6M	$217.5M	50x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0080%	1h	227.46	−0.224%	$1.3M	$800K	10x	as long as short
Nado NVDA-PERP	+0.0083%	1h	227.76	−0.093%	$484K	$229K	20x	as long as short
Aevo NVDA-PERP	+0.0096%	1h	227.91	−0.028%	—	—	10x	as long as short
Pacifica NVDA	+0.0100%	1h	227.76	−0.094%	$299K	$60K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.70	−0.118%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.90	−0.031%	$36K	$22K	20x	as long as short
Phoenix NVDA	+0.0106%	1h	227.64	−0.145%	$94K	$112K	20x	as long as short
KuCoin NVDAUSDTM	+0.0129%	8h	227.82	−0.066%	$1.6M	$740K	20x	as long as short
edgeX NVDAUSDC	+0.0142%	4h	227.84	−0.057%	$170K	$1.9M	20x	as long as short
Lighter NVDA	+0.0144%	1h	227.95	−0.007%	$2.2M	$3.2M	20x	as long as short
Lighter RH NVDA	+0.0144%	1h	228.09	+0.053%	$5.1M	$7.1M	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0145%	1h	227.89	−0.035%	$49K	$1.4M	10x	as long as short
BloFin NVDA-USDT	+0.0172%	8h	227.85	−0.053%	$716K	$206K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	228.22	+0.110%	$73K	$138	30x	as long as short