Settings8H · net · $10k
Funding arb · Price arb /

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0048%/8h= +5.3% APRnext payment +$0.48 per $10,000 · paid last 24h +0.024%
Price spread now: Bitget against Bybit+0.013%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$280.276% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.119%+$12 on $10k
Price spread, last 7 days+0.014%+$1 · spread now +0.013%, 7d avg +0.026%
Together, before fees+0.132%+$13 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.026%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit NVDAUSDT227.890get 0.0000% / 8h7h 14m$12.7M$15.3M100x
ShortBitget NVDAUSDT227.920.0048get 0.0048% / 8h7h 14m$15.5M$16.9M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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

Funding earned
$10.08
Price spread: +0.013% → +0.026%
−$1.24
Slippage, 4 orders
−$4.63
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$18.8
Costs to cover
0.276%
Break-even
20.1 days
Slippage from Bybit: live order book, 4 min ago; Bitget: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 4 min ago0.44 bp6.6 bp −$79.2 bp −$9281.5 bp −$8,152doesn't fit
Sell Bitget live order book, 5 min ago0.22 bp7.2 bp −$79.4 bp −$94doesn't fitdoesn't fit

NVDA on 35 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NVDAUSDT0.0000%8h227.69−0.088%$483K$581K20xas long as short
Bybit NVDAUSDTlong0.0000%8h227.89long leg$12.7M$15.3M100x
OKX NVDA-USDT-SWAP0.0000%8h227.890.000%$14.4M$20.6M50xas long as short
Gate NVDA_USDT0.0000%8h227.81−0.035%$7.2M$9.7M100xas long as short
Variational Omni NVDA0.0000%8h227.87−0.009%$3.5M$1.9Mas long as short
SunX NVDA-USDT0.0000%8h227.46−0.189%$3K$3.8M20xas long as short
HTX NVDA-USDT0.0000%8h227.88−0.004%$198K$509K30xas long as short
Phemex NVDAUSDT0.0000%4h227.99+0.044%$2.2M$42K10xas long as short
Hotstuff NVDA-PERP+0.0008%1h227.73−0.070%$35K20xas long as short
Aftermath Perps NVDAUSD+0.0014%1h227.69−0.088%$118K$55K10xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended NVDA_24_5-USD+0.0032%1h227.69−0.090%$524K$473K10xas long as short
Arcus NVDA-USD+0.0040%1h227.73−0.070%$400K$724K20xas long as short
QFEX NVDA-USD+0.0042%1h227.85−0.018%$1.6M$11.0M10xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.95+0.026%$74K25xas long as short
Bitget NVDAUSDTshort+0.0048%8h227.92+0.013%$15.5M$16.9M100x
tradeXYZ xyz:NVDA+0.0050%1h227.73−0.070%$147.9M$46.0M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h227.83−0.026%$402K$289K10xas long as short
SoDEX NVDA-USD+0.0050%1h227.73−0.070%$59K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h227.63−0.114%$1.5M$2.1M15xas long as short
Binance NVDAUSDT+0.0070%8h227.90+0.006%$156.5M$217.3M50xas long as short
Coinbase International NVDA-PERP-INTX+0.0080%1h227.46−0.189%$1.3M$800K10xas long as short
Nado NVDA-PERP+0.0088%1h227.75−0.061%$484K$229K20xas long as short
Aevo NVDA-PERP+0.0096%1h227.86−0.013%10xas long as short
Pacifica NVDA+0.0100%1h227.74−0.066%$299K$60K10xas long as short
ApeX Omni NVDAUSDT+0.0100%1h227.70−0.083%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h227.87−0.009%$36K$22K20xas long as short
Phoenix NVDA+0.0106%1h227.76−0.057%$94K$112K20xas long as short
GRVT NVDA_USDT_Perp+0.0129%8h227.90+0.007%$20K$393K10xas long as short
KuCoin NVDAUSDTM+0.0140%8h227.91+0.009%$1.6M$736K20xas long as short
Lighter NVDA+0.0152%1h227.90+0.005%$2.2M$3.2M20xas long as short
Lighter RH NVDA+0.0152%1h228.03+0.061%$5.1M$7.1M20xas long as short
BloFin NVDA-USDT+0.0189%8h227.94+0.022%$717K$206K20xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0189%1h227.81−0.035%$49K$1.5M10xas long as short
Injective NVDA/USDC PERP+0.0220%1h228.36+0.206%$73K$13930xas long as short
edgeX NVDAUSDC+0.0528%4h227.89+0.002%$170K$1.9M20xas long as short