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

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0023%/8h= +2.5% APRnext payment +$0.23 per $10,000 · paid last 24h +0.023%
Price spread now: Bitget against GRVT+0.053%73s7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$10as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$270.269% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.169%+$17 on $10k
Price spread, last 3 days (all we have)−0.053%−$5 · spread now +0.053%, 7d avg +0.028%
Together, before fees+0.116%+ Points / potential airdropGRVT: Active · farm board+$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bitget is 0.025% dearer against GRVT than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.028%. The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT NVDA_USDT_Perp227.420get 0.0000% / 8h4m 18s$20K$407K10x
ShortBitget NVDAUSDT227.540.0023get 0.0023% / 8h4m 18s$15.5M$17.4M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against GRVT. 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
$4.83
Price spread: +0.053% → +0.028%
$2.49
Slippage, 4 orders
−$5.93
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$19.62
Costs to cover
0.269%
Break-even
35.4 days
Slippage from GRVT: live order book, 8 min ago; Bitget: live order book, 4 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 GRVT live order book, 8 min ago1.54 bp6.0 bp −$67.5 bp −$75doesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago0.22 bp7.5 bp −$810.3 bp −$103doesn'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%8h227.55+0.057%$483K$586K20xas long as short
Bybit NVDAUSDT0.0000%8h227.54+0.053%$12.7M$15.4M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h227.50+0.035%$14.4M$21.0M50xas long as short
Gate NVDA_USDT0.0000%8h227.46+0.018%$7.2M$9.7M100xas long as short
Variational Omni NVDA0.0000%8h227.52+0.046%$3.6M$1.9Mas long as short
GRVT NVDA_USDT_Perplong0.0000%8h227.42long leg$20K$407K10x
SunX NVDA-USDT0.0000%8h227.12−0.132%$2K$3.9M20xas long as short
HTX NVDA-USDT0.0000%8h227.61+0.084%$198K$524K30xas long as short
Phemex NVDAUSDT0.0000%4h227.58+0.070%$2.2M$42K10xas long as short
Aftermath Perps NVDAUSD+0.0017%1h227.33−0.040%$118K$56K10xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget NVDAUSDTshort+0.0023%8h227.54+0.053%$15.5M$17.4M100x
Extended NVDA_24_5-USD+0.0032%1h227.41−0.007%$535K$447K10xas long as short
Binance NVDAUSDT+0.0036%8h227.54+0.053%$156.4M$219.3M50xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.67+0.110%$74K25xas long as short
Hotstuff NVDA-PERP+0.0048%1h227.420.000%$35K20xas long as short
tradeXYZ xyz:NVDA+0.0050%1h227.41−0.004%$147.9M$48.8M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h227.50+0.035%$402K$289K10xas long as short
SoDEX NVDA-USD+0.0050%1h227.40−0.009%$58K$20K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h227.29−0.057%$1.6M$2.1M15xas long as short
QFEX NVDA-USD+0.0060%1h227.50+0.035%$1.6M$11.5M10xas long as short
Nado NVDA-PERP+0.0062%1h227.45+0.013%$484K$229K20xas long as short
Aevo NVDA-PERP+0.0088%1h227.52+0.044%10xas long as short
Coinbase International NVDA-PERP-INTX+0.0096%1h227.01−0.180%$1.3M$842K10xas long as short
Pacifica NVDA+0.0100%1h227.42−0.001%$298K$60K10xas long as short
ApeX Omni NVDAUSDT+0.0100%1h227.38−0.018%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h227.48+0.026%$36K$22K20xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0102%1h227.52+0.044%$49K$1.4M10xas long as short
Phoenix NVDA+0.0106%1h227.35−0.031%$93K$112K20xas long as short
KuCoin NVDAUSDTM+0.0111%8h227.46+0.018%$1.6M$742K20xas long as short
Arcus NVDA-USD+0.0127%1h227.37−0.022%$400K$724K20xas long as short
BloFin NVDA-USDT+0.0144%8h227.49+0.031%$714K$205K20xas long as short
Lighter NVDA+0.0176%1h227.58+0.070%$2.2M$3.3M20xas long as short
Lighter RH NVDA+0.0176%1h227.70+0.123%$5.1M$7.2M20xas long as short
Injective NVDA/USDC PERP+0.0220%1h227.67+0.110%$73K$14030xas long as short
edgeX NVDAUSDC+0.0498%4h227.48+0.025%$171K$1.9M20xas long as short