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 +0.017%

Price spread now: OKX against Gate+0.013%7-day average +0.023% · you sell dearer than you buy

Net, funding: paid 7d − costs−$17as in the Funding arb table

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$370.368% of the position

Long on Gate Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.197%+$20 on $10k

Price spread, last 7 days−0.012%−$1 · spread now +0.013%, 7d avg +0.023%

Together, before fees+0.184%+$18 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	227.86	0	get 0.0000% / 8h	7h 09m	$7.2M	$9.7M	100x
Short	OKX NVDA-USDT-SWAP	227.89	0	get 0.0000% / 8h	7h 09m	$14.4M	$20.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.013%Rate

Funding earned: $0
Price spread: +0.013% → +0.023%: −$1.02
Slippage, 4 orders: −$11.76
Fee Gate: 7.5 bp × 2 orders: −$15
Fee OKX: 5 bp × 2 orders: −$10
Net: −$37.78
Costs to cover: 0.368%
Break-even: never at this rate

Slippage from Gate: live order book, 4 min ago; OKX: 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 Gate live order book, 4 min ago	0.66 bp	11.9 bp −$12	17.2 bp −$172	doesn't fit	doesn't fit
Sell OKX live order book, 4 min ago	0.22 bp	5.2 bp −$5	6.7 bp −$67	23.1 bp −$2,307	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	227.73	−0.055%	$483K	$581K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.92	+0.026%	$12.7M	$15.3M	100x	as long as short
OKX NVDA-USDT-SWAPshort	0.0000%	8h	227.89	+0.013%	$14.4M	$20.6M	50x
Gate NVDA_USDTlong	0.0000%	8h	227.86	long leg	$7.2M	$9.7M	100x
SunX NVDA-USDT	0.0000%	8h	227.53	−0.145%	$3K	$3.8M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.96	+0.044%	$198K	$509K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.93	+0.031%	$2.2M	$43K	10x	as long as short
Variational Omni NVDA	+0.0004%	8h	227.82	−0.019%	$3.5M	$1.9M	—	as long as short
Aftermath Perps NVDAUSD	+0.0013%	1h	227.71	−0.067%	$118K	$55K	10x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0013%	1h	227.85	−0.004%	$49K	$1.5M	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	227.74	−0.055%	$524K	$469K	10x	as long as short
Arcus NVDA-USD	+0.0040%	1h	227.72	−0.061%	$400K	$724K	20x	as long as short
QFEX NVDA-USD	+0.0042%	1h	227.87	+0.004%	$1.6M	$11.0M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	228.01	+0.066%	—	$74K	25x	as long as short
Bitget NVDAUSDT	+0.0046%	8h	227.97	+0.048%	$15.5M	$16.9M	100x	as long as short
Hotstuff NVDA-PERP	+0.0048%	1h	227.77	−0.039%	$35K	—	20x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.77	−0.039%	$147.9M	$45.8M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.85	−0.004%	$402K	$289K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.75	−0.048%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.69	−0.075%	$1.5M	$2.1M	15x	as long as short
Binance NVDAUSDT	+0.0075%	8h	227.95	+0.039%	$156.5M	$217.2M	50x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0080%	1h	227.46	−0.176%	$1.3M	$800K	10x	as long as short
Nado NVDA-PERP	+0.0086%	1h	227.80	−0.028%	$484K	$229K	20x	as long as short
Aevo NVDA-PERP	+0.0096%	1h	227.89	+0.015%	—	—	10x	as long as short
Pacifica NVDA	+0.0100%	1h	227.75	−0.049%	$299K	$60K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.71	−0.066%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.91	+0.022%	$36K	$22K	20x	as long as short
Phoenix NVDA	+0.0106%	1h	227.74	−0.053%	$94K	$112K	20x	as long as short
KuCoin NVDAUSDTM	+0.0141%	8h	227.91	+0.022%	$1.6M	$735K	20x	as long as short
Lighter NVDA	+0.0152%	1h	227.96	+0.046%	$2.2M	$3.2M	20x	as long as short
Lighter RH NVDA	+0.0152%	1h	228.10	+0.105%	$5.1M	$7.1M	20x	as long as short
GRVT NVDA_USDT_Perp	+0.0165%	8h	227.94	+0.035%	$20K	$392K	10x	as long as short
BloFin NVDA-USDT	+0.0194%	8h	227.85	−0.004%	$717K	$206K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	228.36	+0.219%	$73K	$139	30x	as long as short
edgeX NVDAUSDC	+0.0997%	4h	227.90	+0.019%	$170K	$1.9M	20x	as long as short