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 0.000%

Price spread now: GRVT against Gate+0.004%7-day average +0.012% · you sell dearer than you buy

Net, funding: paid 7d − costs−$29as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$370.367% of the position

Long on Gate Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.072%+$7 on $10k

Price spread, last 3 days (all we have)+0.032%+$3 · spread now +0.004%, 7d avg +0.012%

Together, before fees+0.104%+ Points / potential airdropGRVT: Active · farm board+$10 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	227.29	0	get 0.0000% / 8h	1h 38m	$7.2M	$9.5M	100x
Short	GRVT NVDA_USDT_Perp	227.30	0	get 0.0000% / 8h	1h 38m	$20K	$446K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +0.004%Rate

Funding earned: $0
Price spread: +0.004% → +0.012%: −$0.75
Slippage, 4 orders: −$12.66
Fee Gate: 7.5 bp × 2 orders: −$15
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$37.41
Costs to cover: 0.367%
Break-even: never at this rate

Slippage from Gate: live order book, 5 min ago; GRVT: live order book, 44 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, 5 min ago	0.88 bp	11.2 bp −$11	18.8 bp −$188	doesn't fit	doesn't fit
Sell GRVT live order book, 44 min ago	1.10 bp	7.6 bp −$8	9.9 bp −$99	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
Hotstuff NVDA-PERP	−0.0064%	1h	227.16	−0.057%	$35K	—	20x	as long as short
Aster NVDAUSDT	0.0000%	8h	227.31	+0.010%	$474K	$550K	20x	as long as short
Binance NVDAUSDT	0.0000%	8h	227.40	+0.048%	$156.1M	$220.7M	50x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.36	+0.031%	$12.7M	$15.7M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.35	+0.026%	$14.4M	$21.1M	50x	as long as short
Gate NVDA_USDTlong	0.0000%	8h	227.29	long leg	$7.2M	$9.5M	100x
Variational Omni NVDA	0.0000%	8h	227.34	+0.021%	$3.5M	$2.3M	—	as long as short
GRVT NVDA_USDT_Perpshort	0.0000%	8h	227.30	+0.004%	$20K	$446K	10x
SunX NVDA-USDT	0.0000%	8h	226.94	−0.154%	$2K	$4.0M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.41	+0.053%	$202K	$523K	30x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex NVDAUSDT	0.0000%	4h	227.38	+0.040%	$2.2M	$41K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0012%	1h	227.08	−0.090%	$118K	$55K	10x	as long as short
Bitget NVDAUSDT	+0.0018%	8h	227.38	+0.040%	$15.6M	$18.1M	100x	as long as short
Extended NVDA_24_5-USD	+0.0032%	1h	227.17	−0.051%	$522K	$409K	10x	as long as short
QFEX NVDA-USD	+0.0041%	1h	227.32	+0.013%	$1.6M	$11.4M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.39	+0.044%	—	$73K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.20	−0.040%	$147.2M	$49.6M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.23	−0.026%	$390K	$280K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.19	−0.044%	$58K	$20K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.09	−0.088%	$1.6M	$2.1M	15x	as long as short
Nado NVDA-PERP	+0.0064%	1h	227.19	−0.043%	$483K	$227K	20x	as long as short
Phoenix NVDA	+0.0070%	1h	227.20	−0.040%	$93K	$112K	20x	as long as short
Aevo NVDA-PERP	+0.0080%	1h	227.35	+0.024%	—	—	10x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0096%	1h	227.01	−0.123%	$1.3M	$888K	10x	as long as short
Pacifica NVDA	+0.0100%	1h	227.21	−0.035%	$298K	$60K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	227.30	+0.004%	$1.6M	$753K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.18	−0.048%	$16K	$43K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.32	+0.013%	$36K	$22K	20x	as long as short
Lighter RH NVDA	+0.0104%	1h	227.46	+0.075%	$4.9M	$7.0M	20x	as long as short
BloFin NVDA-USDT	+0.0120%	8h	227.38	+0.040%	$714K	$205K	20x	as long as short
Lighter NVDA	+0.0136%	1h	227.35	+0.025%	$2.1M	$3.2M	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.61	+0.141%	$73K	$136	30x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0234%	1h	227.28	−0.004%	$49K	$1.5M	10x	as long as short
Arcus NVDA-USD	+0.0305%	1h	227.21	−0.035%	$388K	$709K	20x	as long as short
edgeX NVDAUSDC	+0.0455%	4h	227.32	+0.013%	$170K	$1.9M	20x	as long as short