Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%

Price spread now: Gate against Bybit−0.026%7-day average −0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs−$44as in the Funding arb table

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$350.346% of the position

Long on Bybit Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.094%−$9 on $10k

Price spread, last 7 days+0.021%+$2 · spread now −0.026%, 7d avg −0.016%

Together, before fees−0.073%−$7 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit NVDAUSDT	227.53	0	get 0.0000% / 8h	4h 49m	$12.7M	$14.8M	100x
Short	Gate NVDA_USDT	227.47	0	get 0.0000% / 8h	4h 49m	$7.2M	$9.6M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee BybitbpFee GatebpOrdersPrice spread, now −0.026%Rate

Funding earned: $0
Price spread: −0.026% → −0.016%: −$1.05
Slippage, 4 orders: −$8.58
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$35.62
Costs to cover: 0.346%
Break-even: never at this rate

Slippage from Bybit: live order book, 3 min ago; Gate: live order book, 4 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 Bybit live order book, 3 min ago	0.22 bp	6.4 bp −$6	9.7 bp −$97	63.1 bp −$6,307	doesn't fit
Sell Gate live order book, 4 min ago	0.66 bp	12.1 bp −$12	24.4 bp −$244	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
Bybit NVDAUSDTlong	0.0000%	8h	227.53	long leg	$12.7M	$14.8M	100x
OKX NVDA-USDT-SWAP	0.0000%	8h	227.51	−0.009%	$14.4M	$20.4M	50x	as long as short
Gate NVDA_USDTshort	0.0000%	8h	227.47	−0.026%	$7.2M	$9.6M	100x
Bitget NVDAUSDT	0.0000%	8h	227.57	+0.018%	$15.5M	$16.4M	100x	as long as short
SunX NVDA-USDT	0.0000%	8h	227.16	−0.163%	$2K	$3.7M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.64	+0.048%	$198K	$472K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.68	+0.066%	$2.2M	$43K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0020%	1h	227.57	+0.018%	$118K	$54K	10x	as long as short
Arcus NVDA-USD	+0.0040%	1h	227.63	+0.044%	$406K	$744K	20x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.69	+0.070%	—	$74K	25x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster NVDAUSDT	+0.0046%	8h	227.62	+0.039%	$483K	$590K	20x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.40	−0.057%	$147.8M	$43.7M	20x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.42	−0.048%	$58K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.49	−0.018%	$1.6M	$2.0M	15x	as long as short
QFEX NVDA-USD	+0.0057%	1h	227.61	+0.035%	$1.4M	$9.4M	10x	as long as short
GRVT NVDA_USDT_Perp	+0.0067%	8h	227.75	+0.098%	$20K	$385K	10x	as long as short
Variational Omni NVDA	+0.0076%	8h	227.62	+0.037%	$3.5M	$2.1M	—	as long as short
Polymarket Perps NVDA-USD	+0.0083%	1h	227.55	+0.009%	$401K	$276K	10x	as long as short
Pacifica NVDA	+0.0100%	1h	227.45	−0.034%	$299K	$51K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.52	−0.004%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.53	0.000%	$36K	$22K	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0104%	1h	227.53	0.000%	$1.3M	$775K	10x	as long as short
Aevo NVDA-PERP	+0.0112%	1h	227.55	+0.009%	—	—	10x	as long as short
Binance NVDAUSDT	+0.0131%	8h	227.54	+0.004%	$156.6M	$216.0M	50x	as long as short
Phoenix NVDA	+0.0141%	1h	227.64	+0.048%	$94K	$112K	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0146%	1h	227.51	−0.009%	$49K	$1.6M	10x	as long as short
KuCoin NVDAUSDTM	+0.0157%	8h	227.63	+0.044%	$1.6M	$725K	20x	as long as short
Hotstuff NVDA-PERP	+0.0168%	1h	227.47	−0.026%	$35K	—	20x	as long as short
Lighter NVDA	+0.0176%	1h	227.51	−0.008%	$2.2M	$3.3M	20x	as long as short
Nado NVDA-PERP	+0.0176%	1h	227.47	−0.026%	$484K	$228K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	228.02	+0.215%	$73K	$134	30x	as long as short
BloFin NVDA-USDT	+0.0250%	8h	227.71	+0.079%	$724K	$201K	20x	as long as short
Lighter RH NVDA	+0.0256%	1h	227.66	+0.057%	$5.1M	$7.1M	20x	as long as short
Extended NVDA_24_5-USD	+0.0536%	1h	227.41	−0.051%	$686K	$733K	10x	as long as short
edgeX NVDAUSDC	+0.0612%	4h	227.71	+0.078%	$171K	$1.9M	20x	as long as short