Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.006%

Price spread now: Bybit against Gate0.000%7-day average +0.015% · you sell dearer than you buy

Net, funding: paid 7d − costs−$26as in the Funding arb table

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$370.370% of the position

Long on Gate Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.113%+$11 on $10k

Price spread, last 7 days+0.004%$0 · spread now 0.000%, 7d avg +0.015%

Together, before fees+0.117%+$12 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate NVDA_USDT	227.04	0	get 0.0000% / 8h	2h 35m	$7.2M	$9.4M	100x
Short	Bybit NVDAUSDT	227.04	0	get 0.0000% / 8h	2h 35m	$12.6M	$15.8M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Gate. 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 GatebpFee BybitbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → +0.015%: −$1.53
Slippage, 4 orders: −$10.97
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$38.5
Costs to cover: 0.370%
Break-even: never at this rate

Slippage from Gate: live order book, 3 min ago; Bybit: live order book, 2 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 Gate live order book, 3 min ago	0.66 bp	11.0 bp −$11	16.7 bp −$167	doesn't fit	doesn't fit
Sell Bybit live order book, 2 min ago	0.22 bp	6.4 bp −$6	9.4 bp −$94	50.9 bp −$5,090	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	226.97	−0.030%	$473K	$550K	20x	as long as short
Bybit NVDAUSDTshort	0.0000%	8h	227.04	0.000%	$12.6M	$15.8M	100x
OKX NVDA-USDT-SWAP	0.0000%	8h	227.04	0.000%	$14.3M	$21.1M	50x	as long as short
Gate NVDA_USDTlong	0.0000%	8h	227.04	long leg	$7.2M	$9.4M	100x
Variational Omni NVDA	0.0000%	8h	226.97	−0.033%	$3.4M	$2.3M	—	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	226.97	−0.031%	$21K	$470K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.71	−0.145%	$2K	$4.0M	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	0.0000%	1h	227.02	−0.009%	$49K	$1.5M	10x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.15	+0.048%	$202K	$530K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.03	−0.004%	$2.2M	$41K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance NVDAUSDT	+0.0005%	8h	227.07	+0.013%	$156.1M	$220.1M	50x	as long as short
Aftermath Perps NVDAUSD	+0.0015%	1h	226.93	−0.049%	$118K	$54K	10x	as long as short
Hotstuff NVDA-PERP	+0.0016%	1h	226.85	−0.084%	$35K	—	20x	as long as short
BloFin NVDA-USDT	+0.0021%	8h	227.07	+0.013%	$715K	$205K	20x	as long as short
QFEX NVDA-USD	+0.0030%	1h	227.05	+0.004%	$1.6M	$11.3M	10x	as long as short
Lighter RH NVDA	+0.0032%	1h	227.20	+0.070%	$4.8M	$7.0M	20x	as long as short
Extended NVDA_24_5-USD	+0.0032%	1h	226.95	−0.039%	$523K	$406K	10x	as long as short
Nado NVDA-PERP	+0.0039%	1h	226.98	−0.027%	$487K	$223K	20x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.21	+0.075%	—	$73K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	226.95	−0.040%	$147.0M	$50.2M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.02	−0.009%	$390K	$235K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	226.94	−0.044%	$58K	$20K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.77	−0.119%	$1.6M	$2.1M	15x	as long as short
Phoenix NVDA	+0.0070%	1h	226.86	−0.079%	$93K	$112K	20x	as long as short
Lighter NVDA	+0.0072%	1h	227.11	+0.030%	$2.1M	$3.3M	20x	as long as short
Bitget NVDAUSDT	+0.0074%	8h	227.08	+0.018%	$15.5M	$18.3M	100x	as long as short
Aevo NVDA-PERP	+0.0080%	1h	227.06	+0.010%	—	—	10x	as long as short
Pacifica NVDA	+0.0100%	1h	226.96	−0.034%	$298K	$60K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	227.05	+0.004%	$1.6M	$751K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.90	−0.062%	$16K	$43K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.04	0.000%	$36K	$22K	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0112%	1h	226.95	−0.040%	$1.3M	$909K	10x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.30	+0.115%	$73K	$135	30x	as long as short
Arcus NVDA-USD	+0.0419%	1h	227.06	+0.009%	$395K	$683K	20x	as long as short
edgeX NVDAUSDC	+0.0809%	4h	226.99	−0.022%	$170K	$1.9M	20x	as long as short